Saturday, 25 August 2012

MetaTrader 5 for iOS: Conveniently Trade Forex Through Your Smartphone


Trading Forex is a massive field with lots of variables. The commodity being traded – Forex – has an ever changing value and it fluctuates throughout the day. People in the Forex-trading business realize this and use tools to remain constantly in touch with the latest exchange rates. This usually means that they are making numerous calls throughout the day to find out the latest Forex rates and to make their buying and selling decisions. But imagine being able to perform those functions without making a single phone call.

Yes, there is an app for that and it is called MetaTrader 5 for iOS.

MetaTrader 5 for iOS is a free smartphone application for iOS devices. The app is sized at nearly 4 MB and requires an iPod Touch, iPhone, or iPad to be running iOS version 4.0 or later. There are different versions of the MetaTrader smartphone application. MetaTrader 5 for iOS brings with it an excellent set of features that will fulfill the requirements of any Forex trader.

The most prominent feature of the application is bringing you up-to-date currency rates. You get not only the current rates but the Low and High rates so far. Traders use the rising and declining value trends to analyze how a particular currency will be valued in the near future. To make this task easier, the app provides real-time interactive charts that can be zoomed and scrolled to analyze data.

Three different types of charts are provided including bar, Japanese candlesticks, and line charts.

Features:

  • A user-friendly smartphone app.
  • Compatible with iOS devices.
  • Provides you with latest Forex rates.
  • Plots changing Forex rates on real-time interactive graphs.
  • Shows bar, Japanese candlesticks, and line graphs.
  • Lets you trade Forex.
  • Maintains record of trading history.

Check out MetaTrader 5 for iOS @ http://itunes.apple.com/en/app/metatrader-5/id413251709

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