City Index Mobile Spread Betting and CFD Trading
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Mobile trading has proved to be extremely popular with those looking to add an extra dynamic to their trading ability.
When City Index launched its first spread betting and CFD trading app for the iPhone in October 2009, it was downloaded more than 10,000 times before the end of the year. So, if you are not already trading on your mobile, should you be?
Some see mobile trading as unnecessary, ignoring it in favour of placing stop losses and limit orders from online trading platforms.
React to Market Movements
When you place orders you do so with the current news activity and market conditions in mind, but what happens if, after leaving your computer, the situation changes dramatically? Here, mobile trading allows you to react in a way that orders placed online cannot.
There are, of course, additional risks to consider when using mobile trading platforms. Joshua Raymond, Market Strategist at City Index states. “The disadvantage [of mobile trading] could be that the more you look at prices moving, the higher is the potential for you to make impulse trades without proper research and analysis.” Remember to research every trade carefully.
Ultimately, you may not use mobile trading particularly often, but the flexibility it provides could make the difference to your CFD trading one day.
Best Mobile Trading Platform |
Update, 14-Jul-11.
City Index has been awarded 'Best Online Spread Betting Service' and 'Best Mobile Trading Platform' at the 2011 MoneyAM Online Finance Awards.
The company has successfully defended its 2010 Best Mobile Trading Platform title after upgrading its City Trading mobile app, available on iPhone and Android.
The new, improved mobile app, which is also the Financial Times’ Innovation of 2010, includes live newsfeed from Dow Jones Newswires and live streaming charts.
Joshua Raymond commented: "We are delighted that Money AM readers have voted us Best Mobile Platform two years in a row."
Raymond added: "We dedicate a huge amount of resources to mobile technology because we understand the value to the City Index account holders of being able to take a position whenever they want, wherever they are.
“Being the first spread betting company to market with a live trading application for both Android and iPhone spread betting devices and the continual upgrading of our mobile platforms is testament to that dedication."
Spread Betting via Blackberry, Android, Windows and Java Apps |
Update, 20-May-11.
City Index has launched its multi award-winning trading app across Android, Windows, BlackBerry and Java platforms.
In addition, it has recently released an updated version of its iPhone™ app, which adds live charting and newsfeeds from Dow Jones Newswires.
With fast-moving and volatile financial markets, it is crucial that traders have access to their spread betting and CFD trading accounts whenever they want, wherever they are.
City Index’s first iPhone spread betting and CFD trading application, City Trading™, was launched in 2009 to give clients full and secure access to their trading accounts on their mobile.
Joshua Raymond, said: “Since the release of City Trading™, the percentage of total trades placed on our mobile platforms has risen from less than 3% to 15%, which underlines just what an impact the City Trading™ app has had on traders’ behaviour.”
City Index Offers Live Mobile Charts |
Update, 20-Apr-11.
City Index has launched an upgraded version of its multi award-winning mobile trading app, City Trading™.
Available on Android and iPhone™, the improved app features newsfeeds from Dow Jones Newswires and live streaming charts developed by City Index’s trading technology specialists.
As well as displaying 24-hour spread betting prices on thousands of global markets, the new charts automatically update in real time with no refreshing required.
This means Android™ and iPhone™ traders now have the potential to spot even more spread betting and CFD trading opportunities whatever, wherever, whenever.
Mobile Trading
City Index has a proud track record in mobile trading provision. In 2010, City Trading™ was voted Best Mobile Trading Platform at the MoneyAM Online Finance Awards and Best Mobile Trading App by Shares Magazine.
Set to carry the mantle in 2011, the new City Index mobile trading app is available now for free download from the App Store and Android Market.
City Index Account / Website |
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Risk Warning: Spread betting, CFDs and Forex trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
'City Index Mobile Spread Betting and CFD Trading' edited by DB, updated 17-Jan-12
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City Index Mobile Spread Betting and CFD Trading
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