Using Mobile Devices to Trade Markets in India




Today your location is irrelevant and with a good reliable broker, you can have trading access anywhere around the globe. Mobile apps trading continues to accelerate, and new products are providing more opportunities to investors. In addition, many of the more advanced global forex brokers are providing applications that are multi-lingual broadening their reach to investors. Before you start to risk your hard earned capital you should perform some due diligence and find the broker that meets all your needs.

In India, as well as most places around the globe, there are opportunities to trade products that track other products. Contracts for differences are securities that track specific shares, forex, commodities, and indices. Instead of traded actual shares, or indices, you can trade a CFD which will provide you with a similar return. The upside to this type of trading is that you can leverage your capital and enhance your return if you decide to.

There are several features of a mobile application that can make your trading experience successful. You want to make sure that it’s easy to use and that is reliable and does not cut out when you need it the most. Most of the good mobile app, work wherever you have internet or cellular access. You want to be able to manage your risk and execute trades while you are on the go. Having access to a demo account will allow you to test drive your strategies before you risk your capital. There will also be many instances when you need to make a deposit or withdrawal request, and you should be able to easily complete this task from your mobile device. Here are some of the best trading apps for your mobile devices.

FXCM

FXCM is one of the largest forex and CFD brokers. The company is public and listed on the NASDAQ. The company provides a mobile device that works on android and ios and is free of charge. If you are interested in the trading signal, FXCM provides them, along with tight bid-offer spreads. You have access to charts and graphs as well as technical analysis. You can manage your risk from this sleek app, and swiftly move from section to section.

iFOREX

The iFOREX trading app is customized and brought to you by professional with than 20-years of experience. The platform is available in many languages and is widely considered one of the best mobile applications in India. In addition, iFOREX offers customers CFD trading in shares, commodities and Indian indices as well as a wide variety of forex pairs. They also have a robust education section, real-time news, and analysis as well as an economic calendar to prepare you for future economic releases.

eToro

eToro is one of the more popular brokers and has made its name by supply copy trading and robust leverage. They have a mobile platform that provides access to social trading and require a minimum deposit of only $50. They provide a multi-language mobile platform that provides access to forex and CFDs. They have a robust customer support system where you can reach an agent 24/7.



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