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What are the benefits of brokerage that facilitate mobile app?

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What are the benefits of brokerage that facilitate mobile app?

Photo: expertinvestor

In today's world of smartphones and tablets, advancements in technology mean that you can now trade while on the move. Let's face it. We no longer have the time or the need to sit behind a computer screen all day every day. To ensure that they remain competitive, Forex trading apps and websites have to offer an excellent mobile experience to traders.

Many people use mobile websites to trade Forex, while some prefer an app. Using Chrome or Safari from a mobile device is pretty commonplace now, but an app gives you the edge with its easy access and alerts. How do you know which Forex brokers offer an excellent mobile trading experience without visiting all of them and how do you know which is the best one for you?

For many of you, the answer to this will be quite straightforward. If you are always on the move and never in one place for long, then trading from a laptop or PC is going to be a bit of a bind. It is much more useful to be able to pick up your phone or tablet, wherever you are, and place your trades. In addition to this there are several other reasons why trading on mobile is the preferred option:

Trade From Any Location

As long as you have access to the internet, then you can trade using a mobile device. Whether it be a mobile smartphone or a tablet, you can pick it up and start trading. This means that if you are on holiday or working away, or even if you fancy a day on the golf course, you can always trade when you want or need to. With Wi-Fi on aircraft now you can also trade on long haul flights! Imaging making money when 1,000s feet up in the air!

React to Market News

If something happens and you aren't in front of a computer, you will be glad to be able to pick up the mobile and place your trades. The beauty of trading on the move is that you can react quickly to trends and news wherever you are without missing out on opportunities that are just too good to miss.

Get Instant Notifications

If you decide to download an app (if your broker offers one), then you can instantly get notifications. The little red circle in the top right of the app icon will tell you if you have notifications and how many you have. If you were trading using the web-based platform you would have to log in or rely on emails.

Reprinted from Expertinvestor, the copyright all reserved by the original author.

Edited 10 Jan 2021, 15:07

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