Mobile Trading
Updated on March 17, 2023
Mobile Trading is the trading that is carried on the trading portal provided on the smartphones. This portal allows the traders to access their trading accounts in real-time from anywhere and at any time simply by logging into the account through their smartphones.
The interface is user-friendly to provide hassle-free access to the trading account which helps the users execute their trades rapidly. It is the conventional mode of trading and is fast becoming the preferred one, especially for traders who have day jobs as well and cannot access the stock markets every second of the trading session.
Benefits of mobile trading
Mobile trading also provides ancillary benefits like stock charting, setting up price alerts, knowing the real-time price changes and movements of their target securities, etc. The main disadvantage of using mobile trading is the interruption in the mobile network, possible human errors due to the small screen of the smartphone as compared to the wide screen of the computer, etc.