Brief Mobile Trading Apps Comparison

Published on: 26 July 2019 Last Updated on: 21 January 2020

Mobile trading apps represent a great complementary tool to the web-based trading platforms and other financial portals. There are more than 40% of all traders at a global scale using mobile trading platforms on a constant basis. The quality of these apps could have a significant impact on a trader’s performance. This is the reason we will make a brief comparison of some of the most popular ones.

No trader can afford to be glued to his laptop or computer screen at all times. Most people are on the go, working with clients, going to meetings, traveling half their days and so on. This is where Mobile Trading Apps have become such lifesaver. They are important not only for people who are working as brokers but also for normal human beings.

Saxo Bank Mobile App:

A Danish investment bank, providing online trading and investments for retail and corporate clients, Saxo Bank is currently one of the most popular choices among traders. Its mobile trading had been developed inside the company, available both for Android and iOS free of charge and it is also one of the most appreciated mobile platforms on the web.

Among its main functions, we should mention trade execution and order management, portfolio management, chart analysis, and portfolio performance indicators. Some of its strengths are good search function, a great variety of order types, price alerts, order confirmation, and a user-friendly interface.

Two of the weak points of the Saxo Bank mobile app are no fundamental data and no two-step authentication login.

Find Mobile App:

Although developed by a relatively-new brokerage company, the FINQ mobile trading platform is being used by 70% of the company’s clients. Finq.com is a growing online broker in the Asian markets and one of the reasons for that has to do with its proprietary platform, both Web-based and mobile.

The mobile trading app offers access to the full functionalities of any real account, with features like account verification, deposit, and withdrawals, seen with very few other companies. Customer support, Traders Trend Bar, and Trending Now asset list are just a few of the features that are available in the app. Finq.com clients also have access to all the 2,100+ assets available for trading using the mobile app.

Robinhood Mobile App:

One of the companies that optimized its services for millennials, Robinhood has an intuitive and well-designed mobile trading platform available for its clients, with additional security features like using fingerprint sensors for accessing the app.

Among its main features, we could mention trade execution and order management, market information about the assets, watchlist, interactive charts, and fundamental information. It stands out when it comes to the user interface and login authentication methods + price alerts and order confirmation. The main downside of the Robinhood platform has to do with the basic interactive charts.

Conclusion:

A Mobile Trading App helps ease the understanding of the market and encourages quick decision-making. Sometimes a deal needs fast reaction times. Reacting now and one hour later could means loss of millions. This is why you always need to be on the go when it comes to the market.

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How to Use Your Mobile App to Improve Your Trading

The markets are always moving. The 5 trillion a day currency markets are trading hands 6-days a week, 24-hours a day. Make use of a mobile app that can make things easier for you. Traders who want to keep abreast of price action need to pay attention to market changes, especially when the markets are volatile. The best way to keep on top of market movements is to use a mobile application. These applications have several tools that can help you make your trading decisions including educational tools and technical analysis. Test Drive a Mobile Application: Some of the best mobile application feels like you are using a desktop. The app performs in a way that allows you to quickly navigate the platform without having to stop and think about how to execute a trade or perform analysis. Before you start to rely on your broker’s mobile app, you should test drive the application using a demonstration account. A demo account allows you to trade capital that is no real. So, if you make a mistake it will not cost you any of your funds. Evaluate the Educational Aspects of a Mobile Application: One of the great benefits of a mobile application is the educational material evaluate on the app. This generally includes videos and access to articles that you can read while you are on the go. If you are waiting for an appointment or have a few minutes to spare, you can pull up the videos on your broker's mobile app and take a deep dive into different types of analysis that are offered on their mobile application. Using Technical Analysis: Some of the more sophisticated mobile applications provide technical analysis tools on their mobile application. This could include adding moving averages, adding momentum indicators or even oscillators. Some mobile application even provides you with the capability to draw trend lines. Its recommended that you spend some time testing your mobile app and performing some of the analysis that is offered with the mobile application. Not only can you develop new trading strategies with your mobile app, but you can also follow the markets and perform risk management using the technical analysis tools available on your mobile application. For example, you might have a stop loss level below the 50-day moving average, but without your mobile app, you would not be able to see if the price tumbled through the average or bounced. By using your mobile app, you can evaluate the trend in the market using technical analysis tools. Execute Trades: One of the issues that a forex trader can face is having the ability to execute a trade while you are on the go. This is where a mobile app can be a great tool. Not only can you perform the analysis you can execute trades wherever you have access to cellular communications. The markets are always moving. The 5 trillion a day currency markets are trading hands 6-days a week, 24-hours a day. Traders who want to keep abreast of price action need to pay attention to market changes, especially when the markets are volatile. The best way to keep on top of market movements is to use a mobile application. These applications have several tools that can help you make your trading decisions including educational tools and technical analysis. Read Also: Trading Contracts For Differences How To Open A Forex Account And Start Trading Forex Stock Forex Trading Wisdom: Talk Yourself Out Of Bad Trades Investing And Trading 101: Investment Ideas For Newbies Top 9 Forex Trading Tips For Beginners That Save You Money Securing Mobile App Development With Blockchain Technology

Seven Stages To Creating A Patient-Friendly Healthcare App

Innovative technologies made providing medical services in a remote format possible. It allows you to increase the efficiency and effectiveness of medical care, greatly facilitating the work of medical personnel and providing convenience for both patients and doctors. It explains the significant proliferation of healthcare applications. Benefits Of Healthcare Applications There are situations where healthcare applications are much more effective than traditional healthcare. We list the main advantages of medical applications: provide prompt medical assistance, eliminating the need to visit a medical facility; patients feel more comfortable when providing medical services; improving the quality of the information collected; significantly reduced financial costs for both medical institutions and patients; ensuring optimal communication links between the parties; attracts more users to use applications due to the availability of various useful tools. It is the presence of such significant advantages that stimulate developers to create healthcare applications. By ordering outsourced healthcare software development you'll access top-notch quality, accelerate your product's delivery, save on costs, and unlock endless possibilities for your business ideas. Consider The Main Stages Of Creating Applications For Healthcare Healthcare applications focus on digital patient records, drug prescribing, and remote appointments. No matter what your healthcare application is about, there are seven key steps to successfully building it. Decide On An Appointment Before starting development, you should decide on the purpose of the healthcare application. There are many assignments, but we will list a few examples to help you solve the issue of product scaling: for the management of medical data – assisting medical professionals and patients in the exchange of medical information, as well as scheduling appointments with a doctor; for medical personnel and medical organizations – they are larger and include more functionality; for patients – designed to help patients effectively and quickly – they are simple and include a wealth of wellness information providing essential health support. When you understand the purpose of a medical application, you will be able to understand its scope and structure for development. What Will Be The User Audience? When creating a healthcare application, you need to consider the user audience. It would be best to understand how precisely the completed application will be aimed at the age category, social component, etc. An application designed for patients should include specific recommendations for improving well-being and information about various diseases and medications. In addition, it is necessary to provide for the control of the symptoms of diseases and the prescription component for their treatment. For example, it is essential to include information about staying well with various chronic diseases. Define Platform It is necessary to choose a platform for developing a medical application. On which mobile devices it should function and which operating system it should support (or support for both systems is beneficial). Always carefully approach this issue, considering the user audience and age categories. Ensuring The Competitiveness Of Products Currently, there are a vast number of applications for health care. Therefore, the development should consider the missing thematic or user niche or the existing non-competitive medical application. The right approach should ensure a high rating of the created products and bypass competitors in many aspects. In addition, it is recommended to provide unique and valuable functionality that allows you to solve many issues (medical staff, patients) that were not previously solved using existing healthcare applications. Be sure to think of quality content that includes essential and helpful information. The more your product differs from the current one, the more successful its entry into the user market will be. Availability Of Key Functionality Each medical application has different ways to access information, and accounts, get medical care, and more. Therefore, it can take time to determine which functionality to use in product development. Here are some examples of options that you need to consider when developing a medical application: individual reports of patients about their state of health, allowing you better to navigate the existing risks and methods of treatment; analytical reporting with charts – allow users to monitor their actions and assess the situation; The presence of chats and the possibility of video communication – are essential for providing medical care remotely, especially when there is no opportunity to visit a medical facility; The toolbar is necessary for both patients and physicians, providing information collection and helping to prescribe treatment promptly; tools that allow you to receive various notifications, electronic prescriptions, and reminders. The more thoughtful the functionality is, the more the user audience will be attracted to the developed healthcare application. Design Development Design is important when creating a medical application since a high-quality and well-thought-out interface is essential for users. We list the most important properties that must be taken into account when designing products: ease of use; font size and type – straightforward and easy to read; clear navigation; High-speed loading – find a balance between powerful functionality and fast loading of the application. A well-designed interface will increase the rating of your medical application. Product Promotion After the launch of the application, it is essential to promote it to spread and increase the user audience. It is necessary to use wide advertising, including social networks. We've covered the most critical steps in developing a healthcare app. If you correctly consider all these aspects, then the success of your created products is guaranteed. Read Also: Healthcare Jobs That Will Be Most in Demand 2020–2025 Common Types and Causes of Medical Malpractice 6 Effective Ways to Improve Your Mental Health

Pros and Cons of Using Fintech App Development

Let's discuss what developments in the field of fintech will be trending in 2021 and how to use them for business. The features are widely used in fintech app development company. Expanding the functionality of applications: Financial technology services have come a long way in the last couple of years. They are created with the intention of providing customers with customized financial solutions according to their needs and requirements. Just look at the various types of payment options that are available to consumers now. From debit and credit cards to mobile and net banking, digital wallets, cash on arrival, and even payments with cryptocurrencies. Brands are looking to help consumers choose financial payment services that they are most comfortable in using. This is where fintech needs to play a major role. Business automation: Doing business requires regular complex operations and paperwork. Their automation will be another significant fintech trend in 2021. Online banking will give customers the ability to receive electronic checks and invoices. Although these are increasingly being created online. Banking apps will become a place for bookkeeping and even getting legal services. This frees you from the hassle and allows you to focus on more important things than filling out and sorting hundreds of pages of documents. Blockchain technology: In recent years, a lot of buzzes has been created around Blockchain technologies. What started as an offshoot of Bitcoin has now become an independent entity that is allowing businesses to maintain complicated digital payment records, verifying transactions, and keeping a digital record of anything and everything that can be important. Blockchain is fast, secure and one of the most efficient ways to record transactions in an authentic and honest fashion. This helps in building financial credibility and ensures that digital records, especially financial ones are not distorted. The leading companies in the world are experimenting with this technology. In the near future, the applications of Blockchain are sure to benefit a wide variety of sectors. RegTech (regulatory technologies): Government authorities and financial markets set their requirements for banking structures. There are so many of these rules that companies do not keep up with them - and spend huge sums on lawyers (at best) or on fines (at worst). Open banking: Another key area of fintech is open banking. This allows customers to safely and securely engage with financial services from the comfort of their homes. Just to give you a small example, let me ask you a question. Do you remember the last time you physically visited your bank? Chances are if you are someone like me, that period would be a long time ago. We are now using our laptops, smartphones, and tablets to do literally all the banking activities. From transferring funds to making credit card payments to even applying for loans and financial investment services. This is the era of open banking and it is intricately tied to the need of making financial services more user-friendly and convenient. Financial ecosystems: The concept of an ecosystem is gaining momentum. Large companies allow users to read news, order taxis, and listen to music without leaving their apps. In the financial arena, developers will also compete for the love of their customers. The most popular areas of ecosystem development are products for business. These are accounting services, payment management, business start-up. These are housing) and government services. There are products that correspond to the main trends. For example, we have developed the application. There the residents of the city can draw the attention of the authorities. They are attracted to the state of infrastructure, roadways, transport hubs, lighting, cleaning, and other important aspects of city life. Read Also: How a Virtual Assistant Is Beneficial to Businesses How You Can Manage Your Business with Scheduling Software? The Business Advantages of Mobile CRM Apps Why an Automated Sales CRM Platform is What Your Business Needs

Brief Mobile Trading Apps Comparison

Saxo Bank Mobile App:

Find Mobile App:

Robinhood Mobile App:

Conclusion:

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9apps – An Alternative Other Than Google Playstore

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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How to Use Your Mobile App to Improve Your Trading

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Brief Mobile Trading Apps Comparison

Saxo Bank Mobile App:

Find Mobile App:

Robinhood Mobile App:

Conclusion:

Share this Article

Popular Apps for Downloading HD Videos

9apps – An Alternative Other Than Google Playstore

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Popular

Follow Us

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