Trading foreign exchange on the go has never been easier than with MetaTrader 5 for iOS.
Trading forex is a huge industry that encompasses a lot of different aspects. The value of the tradable commodity known as Forex, which is always shifting, varies throughout the course of each trading day. Forex traders are aware of this fact and make use of various instruments in order to maintain a consistent familiarity with the most recent currency exchange rates.
“DISCLAIMER: There is a very high level of risk involved in Forex Trading. With respect to margin-based forex trading, off-exchange derivatives, and cryptocurrencies, there exists considerable risk, including but not limited to, leverage, creditworthiness, limited regulatory protections, and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques or indicators presented in this product will benefit, or will not cause harm. Read more about the risks of forex trading.“
This almost always indicates that they are engaging in a significant number of phone conversations throughout the day in order to obtain information regarding the most recent Forex rates and to determine their purchasing and selling strategies. Imagine, though, that you were able to carry out all of these responsibilities without having to make a single phone call.
There is, in fact, an application available for that, and the name of it is MetaTrader 5 for iOS.
MetaTrader 5 for iOS is a mobile application that is available for free download on iOS-based smartphones. The software has a size of almost 4 megabytes, and in order to use it, you need to have iOS version 4.0 or later installed on your iPod Touch, iPhone, or iPad. The MetaTrader app for smartphones is available in a few different flavor incarnations. MetaTrader 5 for iOS comes equipped with an impressive collection of features that can cater to the needs of any Forex trader.
The ability to provide you with up-to-date exchange rates is the feature of the program that stands out the most. You are provided with not only the current rates but also the Low and High rates for the duration of the period. Traders do an analysis of how a certain currency’s value will change in the not-too-distant future using both increasing and dropping value trends. The application gives users access to real-time interactive charts that may be scrolled and zoomed in order to better examine the data they are viewing.
There are three distinct kinds of charts available, including line charts, bar charts, and Japanese candlestick charts.
In addition to these features and thirty of the most often used technical indicators, the software also enables users to trade foreign exchange directly from their iOS device. The application establishes connections to numerous brokerage firms and grants you permission to trade foreign exchange with those firms. Additionally, the application keeps a record of your trading history for your convenience.
- A mobile application that is simple to use.
- Compatible with Apple’s iOS-based gadgets.
- Offers you the most recent currency exchange rates.
- Charts the ever-changing currency exchange rates in real time using interactive graphs.
- Graphs in the form of bars, Japanese candlesticks, and lines are displayed.
- Lets you trade Forex.
- Keeps a record of the transactions that have taken place.