MT4 Mobile trading platforms review
MT4 mobile trading platforms allows forex traders to manage their trading accounts from portable devices such as a cell phone, smartphone, or a PDA. The MT4 mobile trading platforms offers analytical options as well as complete account management features. The MT4 mobile trading platforms makes for a convenient way to keep up-to-date with your accounts at Thinkforex, especially when there is little to no access to a regular desktop computer or a laptop.
The main benefits of using the MT4 mobile trading platforms being that irrespective of wherever you are, traders can keep abreast with the latest market updates, analyze the data and execute the trade transactions directly from your accounts.
The MT4 mobile trading platforms are feature rich with a number of impressive analytical tools required in forex trading. For example, there are nine timeframes available for each financial instrument which provides a comprehensive analysis of quotes. With more than 50 built-in indicators and tools, the MT4 mobile trading platforms helps to simplify the analysis thus enabling the forex trader to determine trends, entry and exit points, and so on.
Besides these features, one object can be applied over another one, which comes in handy in various trading systems. The MT4 mobile trading platforms also enables forex traders to print charts of any instruments and conduct “on paper” analysis.
Below is a brief review of the various forex brokers that offer the MT4 mobile trading platforms feature in addition to the regular downloadable forex trading platforms.
MT4 Mobile Trading Platforms
- Thinkforex Mobile Trading platforms: Thinkforex is a regulated ECN/STP forex broker and offers traders the option to make use of their mobile trading platforms. With a wide variety of MT4 mobile trading platforms, it makes it easy for Thinkforex clientsto choose and install the MT4 mobile trading platforms irrespective of the portable device they own.Thinkforex offers the mobile trader platform that is compatible with the iPhone, iPad, Andriod phones, Blackberry, Windows mobile as well as a PDA.The Thinkforex MetaTrader 4 app is FREE for all Live and Demo users. Thinkforex clients can place pending orders, T/P & S/L orders, and much more directly from their smartphones.
- youTradeFx iPhone Mobile Trading platform: youTradeFx mobile MetaTrader platformallows YTFX traders to get real time quotes, view and analyze graphs, order entries and much more, directly from your iPhone.The zoom feature on youTradeFx mobile platform allows you to look at the charts at different time periods and assess the right support and resistance levels necessary for successful trading.In terms of security, the youtradeFX iPhone application has encrypted feed to make sure that your data security is not compromised. The best part is that installation could not be easier! Start trading anywhere within moments with the youTradeFX iPhone application
- Markets.com Mobile Trading platforms: Markets.comoffer various smartphone compatible mobile trading platforms that includes the iPhone, Android and Blackberry phones. Markets.com mobile trading platforms allows traders to login and view, place, open, close and modify their orders, positions, balance as well as customize their preferences.Markets.com also offer a unique mobile trading platform known as the Market WAP trader that makes it possible for any phone that is WAP enabled to access their markets.com account and monitor, place or close trades.
- AvaFx Mobile Trading platforms: AvaFx’s MT4 mobile trading platforms is compatible with the iPhone, Blackberry, Andriod, Symbian, Windows and the i-mode enabled phones. AvaFx Mobile trading platform makes it easy to view live streaming quotes, open and close trades, place stop and limit orders as well as giving access to a huge list of charts including news alerts.
- SunbirdFx Mobile Trading platforms: SunbirdFx MetaTrader 4 Mobile trading platforms is comparable with a full-function trading terminal. Traders get full access to the financial markets and deal execution from anywhere in the world. Technical analysis and the graphical visualization of financial instruments are available (including the off-line mode – without connecting to server). Trading is done with extra attention to confidentiality and is absolutely safe.
- FXCM Mobile Tradestation platform: FXCM’s Tradestation platform for mobile devices makes it easy for traders to trade forex, CFD’s besides giving access to breaking news alerts and account management.
MT4 Mobile trading platforms features
The MT4 mobile trading platforms are designed to make it easy for forex traders to stay updated with their forex accounts on the go. Forex traders can get access to financial markets and execute transactions from anywhere in the world from their mobile phones. Moreover, the MT4 mobile trading platforms offers traders the opportunity for technical analysis and graphical visualization of financial instruments (including off-line mode).
- complete control and management of trade accounts
- access from any location in the world, subject to carrier restrictions
- over 30 technical indicators
- various types of order execution
- financial and news alerts
The MT4 mobile trading platforms are not to be used as a replacement for the regular downloadable forex trading platforms. Instead the MT4 mobile trading platforms makes it useful for forex traders at times when access to a computer is limited, especially during times of commute or whilst on vacation thus making it a viable alternative to stay on top of the forex markets. Ultimately no other form of a trading platform including MT4 mobile trading platforms can come close to the amount of features offered by the more powerful desktop based forex trading platforms.