Best Mobile Trading Platforms
In the last couple of years, mobile spread betting has taken off and a number of the top spread betting companies, including Capital Spreads and the IG Index, have released mobile trading platforms across a range of devices for their users.
In terms of mobile spread betting growth, it’s estimated that by around 2014 more people will be accessing the internet through their mobile than on the computer. In 2010, more than 10% of Capital Spread’s bets were placed either through either the iPhone or Android device.
This places massive weighting on the need to upgrade mobile trading services for clients, and users to access their accounts, make trades and monitor positions whilst on the move. You can learn more about mobile trading and spread betting companies at SpreadWin.co.uk here.
Best Mobile Trading Platform 2010 – City Index.co.uk
City Index is the best mobile spread betting company.
If you’re looking to trade on your mobile then you should know that City Index were recently voted the “Best Mobile Trading Platform” in 2010 by MoneyAm.
In addition to a superb online trading platform that provides spread betting, CFD and Forex services, City Index have launched user-friendly mobile trading platforms for the iPhone, Android and Blackberry. City Index were also the first company to launch an iPhone spread trading app when they launched City Trader Pro in 2009.
Mobile Trading Platform Reviews
Read information and user reviews of a range of the most popular mobile trading platforms for iPhone, Android and Blackberry devices.
- Best Phone Spread Betting Companies
- Capital Spreads iPhone App
- Tradefair iPhone App
- City Index iPhone App
- FinSpreads iPhone App
- City Index Blackberry App
- City Index Android App
Advantages of Mobile Spread Betting
Mobile spread betting has multiple advantages both for customers, brokers and the industry in general.
The increased functionality of mobile trading (including the ability to track trades, financial positions, stop-losses and check prices) on the move gives customers greater control over their trades. Capital Spreads iPhone and Adroid App for example gives users more control over the UK rolling shares and dailies.
The 24/7 pressure for traders to keep up to date with the latest market news and movements also helps traders to respond better to sudden jerks or negative pressure in the market. This can help to limit losses and cancel unsuccessful trades before the price drops ever worse.
Mobile spread betting is excellent for the brokers and spread betting companies because it increases overall trading volume which is what their commission is based on. If Capital Spread’s trading revenue increases by 10% due to mobile trades than that allows the company to earn more money.
Spread Betting on the iPhone/Anroid
The launch of the Apple iPhone in 2007, and subsequent improvements and updates such as the iPhone 4, have enabled technology in mobile trading to excel.
The iPhone’s larger screen, touch screen technology and faster internet speed has made mobile trading much easier and functional then ever before. The iPhone’s bigger screen makes data charts more user-friendly and allows traders to monitor up to monitor up to 7 different trades. Google’s Android mobile software platform has also boosted the mobile trading industry with its solid graphics and technological capabilities.
A number of spread betting platforms currently offer iPhone apps for their clients, including Capital Spreads (released in 2009), City Index, ETX Capital and FinSpreads.