Online brokerage technology developer Hello Markets has introduced proprietary social trading and trading robots features across all iOS and Android mobile devices. All of the trading platform provider’s white label brands now have the option of opting for the new upgrade after it has been in development for a few months.
Hello Markets explains that using the new social trading and trading robots features, end-users trading on their mobile devices will enjoy the same advantages as desktop traders. With more and more traders opting for mobile trading, the developer says it needed to ensure that its mobile apps fit the needs of the concerned traders.
The new tools are built into the standard Hello Markets’ mobile app, which also includes everything else found on the desktop platform: short and long-term binary options, meta derivatives, trading signals, portrait and panoramic chart views, economic indicators, Bloomberg video news feed, economic calendar, etc. Using the mobile versions of the platform, clients have the same level of full control over their accounts.
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How It Works
As with desktop versions, the new social trading mobile tool simply allows traders to follow top traders and copy other users’ trades. Explaining the intuitiveness and ease of use of the process, the firm says: “It’s as straightforward as it gets: look at the active trades, click ‘Copy’ and you’re on.”
The mobile trading robots’ features work the following way: The user clicks on the ‘Robots’ button in the menu, selects his preferred assets, selects Studies (indicators), selects the amount for each trade, and then clicks on ‘activate’ to “switch on” the robots. The built-in algorithm will then automatically launch a trade whenever it receives a signal for the aforementioned selections. For example: if the user has selected EUR/USD, APPLE stocks and CAC40 indices; BOLLINGER and MACD indicators, and $25 amount per trade; the algorithm will launch a trade of $25 whenever it receives a BOLLINGER and/or MACD signal for the aforementioned assets.
Last month, the Cyprus-based trading technology provider announced that Hello Markets is expanding in the Middle East with a new office in Dubai.