Mobile trading has become an
increasingly common way to earn a bit of extra money without needing to be tied
down to a traditional PC or laptop. In fact, some predict that smartphone
applications will soon overtake static websites. Many larger financial portals have already begun to realise this
revolution and they are now offering truly state-of-the-art options for clients
of all skill levels. CMC Markets is a perfect example of this opportunity and
their trading app is one of the best in the business. Let's review what is in
store for the user as well as take a look at a handful of its most defining
characteristics.
A General Overview
Many believe that a smartphone
application is only as good as the UI (user interface) that it provides.
Traders will have happy to learn that this app mirrors the exact same levels of
functionality that is found throughout the CMC Markets main website. as it is
available for both iOS and Android systems, there are few concerns in regards
to compatibility. A download will complete in a matter of minutes and once
installed (assuming that the customer already has a CMC account), trading can
take place immediately. Let's also point that this app is fully compatible with
3G and 4G connections, so real-time data is always close by.
The Technical Side
Modern investors need to be provided
with a wealth of trading and financial instruments. This enables them to make
on-the-fly decisions when the time is right. This application is currently
equipped with more than 35 technical indicators and charting tools. The ability to
quickly generate order tickets should also not be overlooked. Some of the
options associated with this function include:
- Trailing stops
- Price ladders
- Boundary orders
- Stop-loss
orders
Each of these is intended to address
the discrete needs of the individual trader. If you have been looking for a
superior sense of flexibility, you have come to the right place.
Real-Time Trade Executions and
Information
Whether referring to a CFD trade, a
Forex position or an index-based asset, the fact of the matter is that
obtaining real-time information is crucial if you ever hope to enjoy success
within the fast-paced trading community. This is why it is critical for any app
to provide immediate access to important data. Investors can obtain updates in
as little as five seconds, so staying ahead of the curve has never been easier.
Rates, Trading Hours and More
Obtaining an accurate overview of any
product or asset is another important benefit to keep in mind. This application
allows users to access such information with the click of a button. They can
view stop-order limits, available margins, spreads, commissions and similar
metrics. It is also possible to view the trading hours associated with a
particular asset or market. Planning ahead has become much more of a reality
and when fees and commissions are made clear, it is much easier to predict
potential profit margins.
To make things even more streamlined,
users can fully customise their home screen and their dashboard. So, the app
truly has a feeling of "home" when compared to generic systems which
are inflexible and even awkward. On a final note, push notifications can be
generated so that the trader is immediately alerted in the event of a sudden
price change or any late-breaking news.
An Award-Winning Application
As a testament to the prowess of this
unique app, it has earned several awards in recent times. It was recognised as
the best CFD and FX trading platform by the 2017 UK Leverage Trading Report and
it earned the distinction of being the Best Mobile Tablet/Application of 2016
from the Online Personal Wealth Awards.
This review has only touched upon
some of the major advantages associated with this application. In order to
learn more, it is a good idea to navigate to the official website and to read
through the detailed descriptions. If you have been looking to take your
investment skills to the next level, this mobile app could be a great option.
