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The Shift Towards Mobile Trading:

How To Stay Connected And Make Trades On The Go

By DayanaPublished 3 years ago 3 min read

The Shift Towards Mobile Trading: How To Stay Connected And Make Trades On The Go

With the increasing trading prevalence, many people and investors have become more interested and keen on trading, just like Amar Singh Bisht, a Mumbai-based marketing executive. However, given the busyness of people, shuttling between jobs, friends, and the bustle and hustle of life, finding a terminal to buy and sell became difficult. To curb this, mobile trading was introduced, allowing traders to buy and sell as they go.

For a regular trader, buying and selling are directly proportional to the right timing. Especially in these volatile times, an opportunity window could be closed within seconds. This has been a problem for those busy or travelling extensively. But with the rise of mobile-based platforms, trading has become easy. But how can you stay connected and harness them effectively? You are about to find out.

What is mobile trading?

It means the use of wireless technology in securities trading. Mobile trading enables investors to access platforms from their mobile instead of a computer.

How does it work?

With Android phones and iPhones, traders and investors enable users to check the stock market's performance, and mobile trading apps offer access to online trading platforms. Every broker and brokerage firm has mobile devices and apps to enable their customers to trade directly from their phones.

Many mobile trading apps are out there, such as Robinhood. There are different kinds of apps; while some are more about research, others are brokers you can trade on, and some are charting apps.

How to stay connected and make trades on the go

It would be best if you had a smartphone, a strong internet connection, and one of these trading apps to make trades on the go. They are;

● Robinhood: Robinhood is worth the hype because traders experience no barrier upon entry. It is one of the easiest apps to use because of its accessibility. Traders can trade ETFs, options, stocks, and crypto, with an account minimum of $0.

● Webull: In a time where mobile trading platforms were rare, Webull was launched as a rival to Robinhood and has a solid charting on the go. It offers sophisticated tools to check and predict charts. However, Webull doesn't have the best news feed.

● The heavyweight Ameritrade Trading platform: Ask for one of the most prominent brokers for mobile trading and you will find TD Ameritrade Mobile. It is well known for its reputation and advanced features for investors. It is a $0 minimum account and offers various kinds of trades ranging from stocks, bonds, ETFs, forex, and futures.

● Thinkorswim: It is an active trader’s best friend. What is better than a TD Ameritrade? An advanced TD Ameritrade. It offers all the benefits of the former with more sophistication. It majors in technical analysis. It is the best bet for mobile traders.

● The electronic trading platform

As the name suggests, it is a brokerage app. With a zero commission on trading, we can see why it is a mobile trader’s favorite. Check this website for the best forex broker

It offers two different features and can be classified into two categories.

E-trade is the basic platform while the latter is the advanced platform. Power E-trade offers all the perks of the basic platform alongside advanced options and future strategies.

● Interactive Brokers

Several traders love Interactive brokers. It is proficient in giving updates and charts. It offers two different products and the IBKR has more perks to offer at an affordable price.

Conclusion

So many traders have lost out on opportunities and looked for ways to trade while traveling for years, but the answer is finally here. With mobile trading, there is limitless access, and fast and seamless trading

everywhere you go without missing out on anything. Start trading now!’

fintech

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