7 OANDA FXTRADE TRADING APP: FAST AND RELIABLE
OANDA trading platform offers Oanda fxTrade. It is an award-winning mobile trading app that provides the investors with tools that can revolutionize the trading process.
Global trading in foreign exchange can become smoother with Oanda fxTrade application with its fast and reliable trade execution. You can place orders directly on the chart. Place, view, and close trades and orders, including stop and limit orders, directly from Advanced Charts With Oanda fxTrade, you can manage your risk exposure, monitor account profitability and trade opportunities as you buy, sell, and edit orders on the go.
Features and Advantages
- Access to CFDs for international markets, bonds, precious metals, currency pairs, commodities, and indices, in addition to as many as 120 instruments.
- Mobile charts trading gives you single view access to almost 9 editable charts, 50 technical and eleven drawing tools and 32 overlay indicators.
- Multilingual customer support
- Access the notifications on order expiry, global economic events, live prices to trade exotic instruments with no added commission fee, minimum trade size or minimum deposit.
- Enjoy zero desk intervention with a simple interface and advanced algorithmic software which enables the investors to access tight spreads and trade lot sizes with multiple sub-accounts.
- Customize the chart sizes as per your requirement and trading style and set up the profitability and risk levels
8 WHAT ARE THE BENEFITS OF TRADING APPS?
In today’s fast-paced world, Forex trading has become a part of everyday business. Forex trading is larger than any other financial markets. Here, financial institutions and large international banks can trade foreign exchange in a decentralized environment.
According to the Bank of International Settlements, this global trade is estimated to generate £3.9 billion on an average day. Forex trading improves international trade as companies of one country need to complete their transactions in the currency of the countries with which they have trade relations.
Forex trading converts international currencies- for example, dollars are exchanged for euros easily and quickly. Many firms and individual investors are entering the forex trading markets as it has proven to be a profitable investment opportunity. Though significant experience is required to make lucrative profits in forex trading, it is not difficult for a novice to start trading.
With the advent of forex trading software, automation has become a common practice. Mobile trading is one of the easiest ways to trade currencies and the best mobile trading app is one that can be used to both trade in Forex, plus provide you with useful information regarding the world of trading.
Trading tools like heat maps and daily currency correlations are available on many apps.