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React Faster With Mobile Trading and iPhone Spread Betting

LONDON January 20, 2011 October 2009

However, while financial spread betting on the move continues to grow in popularity, there is a school of thought that views mobile trading as simply an alternative to pre-placing spread betting orders from your online trading platform.

Joshua Raymond

It is this ability to react wherever you are that means you should not dismiss iPhone spread betting and mobile trading platforms out of hand. When you place financial spread bet orders from your online trading platform, 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? How do you react quickly and correctly to manage your risk? Here, mobile trading and iPhone spread betting fill a gap that orders placed online cannot.

"Make sure you have carefully analysed your market before trading, regardless of whether you execute your trades via a mobile, online or phone." Naturally, no trader should ever open a financial spread bet without having an in-depth knowledge of the market and the influences upon it. Regardless of the trading platform you use, always make sure that you fully understand the risks of spread betting.

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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SOURCE City Index

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