With the number of novice traders in the forex market ever-increasing, they are facing the need to obtain more information about certain terminology on a daily basis. The variability of this information is quite vast and accessing it straight from the trading platform makes for an additional convenience. This is exactly what Tradimo are aiming to do with their new addition to the Tradable app store.
The application’s developers, Tradimo Play, who won the most innovative product award at the 2014 Forex Magnates London Summit, have added a new app to the Tradable ecosystem aiming to flatten the learning curve for new traders. The public at the summit was impressed with the way the company aspires to assist traders in building a skill set.
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From basic concepts about trading and technical analysis to central banking terms such as tapering and macroeconomic indicators, the Wikipedia-style widget is providing the information to traders from within their trading platform and via a direct link through to the Tradipedia page on the Tradimo website.
The application is free and is already available for download from the Tradable app store.
The company is aiming to provide traders with a variety of learning tools in order to increase conversion rates and optimize customer retention for brokerages.