Today, CFD trading can be done on a variety of web platforms as well as trading apps. However, this doesn’t mean all apps are equal. Many nations’ armies have fighter jets, but only some pilots take off in a Stealth F-35 every morning. Similarly, with trading apps, not everyone on the market will empower you with just the right balance of features you need for your trading journey. You need to take time to ensure your app is not holding you back in any way. Is it too confusing? Maybe it’s missing a particularly useful little feature that you could find on another app. Perhaps the layout is just not convenient. If you are putting your time and money into CFD investments, you’ll want your forex, share, crypto, ETF trading app to keep you connected to the markets in just the way you need. Let’s go through five important features that your trading platform should offer you in this review of regulated broker iFOREX.
- Education
Even experienced financial traders find that they can benefit from instructional PDFs and video tutorials. More than that, regardless of your level of experience, why should you be given the tools to trade and then just left out at sea on your own? Many trading apps are geared to save you a lot of trouble in this regard with built-in education to help clarify financial terms, weed out misunderstandings, and set you on the straight path to trading with knowledge. With the iFOREX CFD trading app, you can take advantage of a wide selection of educational resources. These include PDF guides to understanding the financial markets, spotting market opportunities, and fine-tuning your trading strategy. Sometimes, a quick video tutorial from a broker social channel is just what you need to sharpen your skills. When you’ve started educating yourself, you’re already on the way to becoming a savvy, more knowledgeable trader.
- An app with the right built-in tools
When you wake up and switch on your phone, you’re going to want, for a start, not to be confused by what you see on your screen. Too much information and unnecessary features get in your way. What you need is the right information in the right format, quickly and easily. Depending on your financial instruments, you will probably appreciate a mix of market alerts, trading signals, live rates, as well as easy access to open deals and risk management tools. Every CFD trader wants to focus his precious hours on his trading journey, with as little distraction or inconvenience as possible. This is why you should examine several recommended trading apps. Make sure the one you choose gives you timely updates on investments, relevant share prices, an easily viewable portfolio, appropriate notifications, and is tailored to your needs in general. iFOREX’s mobile CFD trading app was custom-built using feedback from real traders to ensure a sleek, streamlined user interface with intuitive navigation.
- A social media presence
Before deciding on a forex, share, crypto, ETF trading app, check out the broker social channel first. They can be useful in keeping you informed about the financial world and enlightening you on concepts and news that were unclear to you until now. A broker social channel like iFOREX’s Facebook and Twitter pages can keep you in touch with a more well-rounded account of the financial world, which you will often appreciate, as well as give you a closer look at the broker’s personality, which may help you decide if it’s the right broker for you.
- Safety & Security
One thing to look for in every review of regulated broker platforms is just that: regulation. A regulating body ensures that the broker is held to a high standard of conduct and operations, which is like a sort of insurance policy for the client. Additionally, you should be able to withdraw and deposit funds efficiently and securely. Make sure your broker has the highest quality safety features so that you can focus on your trading with a clear and relaxed mind.
- A wide variety of instruments
CFD traders like to have a generous range of financial instruments available to them so that they can build a diverse portfolio that helps align them to their trading goals. iFOREX offers over 750 instruments spanning commodities, shares of today’s top companies, ETFs, indices, foreign currency pairs, and cryptocurrencies.
In summary
The above is a good map of where to begin your journey in finding a forex, share, crypto, ETF trading app that suits and empowers you. We hope this review of iFOREX, a leading global broker, has been helpful in showing you what to expect when beginning your trading journey.
