GFT connects traders to Forex prices using SMS

It looks like that Forex traders and mobile phones are getting closer. While the vision of Forex traders actively trading

mobile-forexIt looks like that Forex traders and mobile phones are getting closer. While the vision of Forex traders actively trading over their mobile phones still seems a few years away it doesn’t stop brokers and news providers from trying to conquer this nascent market. FXCM provides a mobile version of its DailyFX news portal, FX360 has a popular iPhone application and even Metatrader provides some kind of a mobile terminal.

GFT announced a partnership with a SMS alerts company to provide real-time SMS alerts to its network of registered traders serving ~120 countries. Traders using GFT’s forex trading platform, DealBook® 360, can opt-in to receive text message alerts to be immediately informed of critical market news, analysis, commentary, changes in markets prices, deal-closure notifications, and order limit status, to help traders make informed decisions when seizing critical up-to-the-minute opportunities in this $4 trillion dollar per day market. GFT has more than 20,000 traders registered worldwide to receive SMS alerts and sends over 50,000 messages per day.

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One thing I found extremely peculiar was that in the original press release on the Clickatell’s website when you click the GFT link you are taken to the following location: http://www.gftforex.com/land/?aid=2410&kw=gft%20forex%20trading&type=search&aduse=2740649946&site=&gclid=CIbQu_GVx5wCFRYiagod0lEmKg this is a standard landing page typically used by Introducing Brokers to track referred traders. I guess it’s becoming increasingly hard to find new introducers…

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