Cyprus-based trading broker Xtrade today announced that over one million traders have downloaded its mobile trading app on Google Play. Xtrade app tops one million downloads, but what are the advantages of the trading app?
1 November, Xtrade – The trading app, available for Android and Apple, is a major component in the broker’s ongoing efforts to meet the demands of a younger, more tech-savvy clientele. Many of these traders use mobile apps to perform activities that were until recently reserved for desktop computers, such as researching investments, moving funds in and out of their trading accounts, executing trade orders, and watching trading tutorials.
Will Mobile trading apps render PCs obsolete?
“For many investors, the sophistication of mobile trading apps is rendering PCs obsolete,” said Mark Leigh, Xtrade’s Chief Operating Officer. “We’ve worked hard on the functionality of our trading app, focusing in particular on engaging design and smooth interactions. The fact that the app has now been downloaded over one million times has thrilled us all.”
According to Mr. Leigh, the advantages of the app include the following:
- Multilingual functionality and newsfeeds
- One-tap technical analysis
- Quality chart display
- Customizable dashboard and tools
Xtrade’s app has earned recognition from industry experts and analysts. In 2015, Xtrade won the China Forex Expo’s award for “Best Mobile Trading App.” The China Forex Expo is a major annual event during which trading brokers from around the world compete for coveted awards.
Xtrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are available in over 40 languages to traders from Europe, Asia, and the Pacific. Other prominent services include an award-winning trading education center, breaking financial news in real time, and pioneering trading tools. Xtrade’s Global Ambassador is Cristiano Ronaldo of Real Madrid. The brokerage is regulated by the EU’s Cyprus Securities and Exchange Commissions, the EU’s Markets in Financial Instruments Directive, and the Australian Securities and Investment Commission.