Aside from being supported by a well-known broker like XM, the broker's mobile app boosts advanced charts, orders, market analysis, some other top features.
XM is an online broker that offers brokerage services for trading forex and CFDs. To facilitate the trading of assets, XM broker has a mobile app that its clients can take advantage of to engage in profitable transactions. This article will be reviewing the mobile app to shed more light on its features and functionality.
XM Mobile App for Efficient Trading
The XM Mobile App is a well-built mobile application suitable for forex trading as the broker provides its clients with excellent trading services and features. It can be downloaded on Google Play Store for Android Devices or App Store for iOS platforms. At the time of this writing, XM Mobile App has earned a rate of 3.9/5 from 15.8k reviews on the Play Store. It has also been downloaded more than 1 million times on the Android marketplace.
The app serves as the best medium for traders to adequately monitor their trades in the forex market. Traders can use the app to carry out a wide range of trading activities and also invest in different financial instruments.
As long as you have a mobile device with an internet connection, you can use this mobile app and take advantage of the massive range of forex-oriented features found on the app. The traders' level of experience is not a limiting factor as both beginners and experts can use this app to engage in profitable trades.
Features that users can expect to be available are:
Those using the MT4 and MT5 platforms can get access to this app as the dashboard contains a bit of all the parts of the app. This means the design of the app would be so easy to navigate that users can access any feature from the app's dashboard.
Furthermore, this dashboard offers traders immediate access to the activities of their live trading accounts as well as the global market. This makes it possible for traders to manage their accounts seamlessly without much difficulty.
Charts & Orders
The app allows users to execute various orders including stop loss, take profit, and trailing stop. They can also invest in as many as a thousand financial instruments while receiving assistance on how to use multiple chart types and indicators. These tools are instrumental in ensuring traders end up making the best trading decisions.
XM traders can also check their previous trade orders by going through their trade history to monitor their positions frequently. As the access is available on mobile phones, the activity would be much more practical than what you used to have on desktops.
It is never easy to make trading decisions and traders need all the help they can get to arrive at a solid investment decision. To achieve this, a deep and in-depth analysis of the market and investment options needs to be carried out. This is where the XM Mobile App shows its one more advantage.
There are multiple trading tools available to use while traders can still apply their logical reasoning to make a decision. In addition, there are market tips, landscape charting, live interactive charts with zoom and scroll, and many more features that will undoubtedly be of immense help to traders.
The history of trades initiated by a trader is stored by the app to be examined later. This way, traders can always take a look whenever they want to check their performance and set the profitable ones apart from the losing ones.
As such, this feature enables traders to evaluate their strategies and determine what should be done to improve their performance. The losses suffered can also serve as a learning experience on how to minimize possible losses in the future.
XM Mobile App can be customized to suit the needs of a trader and utilize all its features to maximize profits. Therefore, traders are welcome to take advantage of the options on the app to properly analyze their investment options and ensure that they generate as much profit as possible.
Overall, the XM Mobile App is easy to use and is similar to any other apps that traders might have used which is why it does not require a lot of instruction to get started. Once the app has been downloaded and the user signs in with their trading credentials, they can begin to use the app.
XM broker is an established international firm and has become a true leader in the trading industry. Founded in 2009, the company works with the main principle of being "fair, trustworthy, and dependable". XM claims to support no re-quotes and real-time execution, where traders can choose from 10+ trading platforms suitable to any device.