Just fifteen years ago, one of the only ways for a trader to exchange their assets was by sitting down at a PC, logging into an account and having to spend hours staring at a screen. These days however, a lot has changed and with the advancement of technologies, you can now sit back and enjoy the potential to trade Forex and more on a smartphone, laptop, or even via a smartwatch.
How Can You Trade On the Move?
The vast majority of online trading platforms such as Fineco have made life as easy as possible for their members by introducing a host of helpful and accessible features to enjoy. Some of these include desktop applications, but others are best suited to those on the move. Rather than having to sit down at a PC, users can now log in on their mobiles, check their trades, monitor potential new ones and invest to their heart’s content.
With these features, it can be possible to trade while on a train, as a passenger in a car, while out hiking, or even in the bath. The aim of these online trading platforms is to make transactions as quick and easy as possible and that’s why so many are turning to accessible apps that can be downloaded onto smartphones, tablets, and as mentioned above, some are even compatible with smartwatches – or at the very least can provide push notifications to give updates to a trader on the go.
Is This Really Much Better Than Traditional Trading?
Of course, there are some that prefer the more traditional method of trading, using their phone to make calls like those famous scenes in The Wolf of Wall Street, but as time goes by, more and more traders are finding the option to trade on the move appealing and even beneficial. Imagine being able to unlock your phone, click an app, see the latest trends in the financial market and then take action with a press or two. That is the beauty of being able to trade anywhere – as long as you have an internet connection. Even if you don’t, some apps provide offline trading that will update when you do have access to Wi-Fi or mobile data again.
Can Anyone Do It?
Trade online? If you have the skills and are willing to learn. Trading while on the move? Yes, as long as you have access to a device that can download the relevant application. Many online trading platforms have mobile applications that can be linked to your main account, allowing you to log in from wherever you are; whether on holiday, on a business trip, or somewhere remote for a retreat. These apps will provide access to the main features that you know and love and this is why so many traders and investors are forgoing the need to even log in via laptop or PC.
Mobile trading is becoming increasingly common and as apps are often run through the same servers with access to the same encryption as their desktop counterparts, they can be just as secure, too. These are just some of the reasons why trading from anywhere is becoming so popular – and as newer features are added, traders are finding their activities even easier to manage and the potential for profit even more substantial.
