E-Forex_UK_April

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DealBook trading App
On the signiﬁcance of allowing FX to be tradeable on
mobile handsets, Cole Flournoy, CEO, Forex OnThe
Go ( forexonthego.com), comments: “Mobile trading
means traders can go about having a ‘normal’ life. It
means you are no longer trapped behind a computer
screen; it allows you to go out and about and still be
able to stay up to date on the market and place and
close trades.” While Sergey Popov, senior web developer
at Dukascopy, Swiss Forex Marketplace, says: “In
general these applications are quite handy when it
comes to the concept of staying connected or informed
of situations as they arise and these tools can prove
to be crucial for many traders.They are particularly
important for dynamic and very active forex traders
who want to do everything, everywhere at any time.
Even laptops are not always accessible or easy to carry
everywhere. Your mobile phone is always with you!”
Cole Flournoy
“Trading on an iPhone is already creating veryA supplement to desktop trading
substantial increases in trader activity.”Yet Amy Lo, marketing manager at iTradeMobile,
adds that she does not see mobile FX trading taking
over or working completely independently from PC- of more software, the trading experience is so much
based trading: “It has always been our philosophy that better on a computer.”
our iTradeMobile platform is a supplement to desktop
trading software. It was never our intention to replace Lo continues: “As forex is virtually a 24 hour market,
desktop trading software. Honestly, there is still a not everyone wants to be stuck at home all the time
combination of hardware and software limitations on just because they have some positions opened. With
the mobile that means we feel all forex trading analysis the availability of iPhone and other internet-ready
should really be done on a computer; with faster mobile phones, we feel conﬁdent that we can give
processing power, a bigger screen, and the availability these traders their freedom back, by providing an
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