A Sneak Preview of MBT’s upcoming iPhone Forex App

Good news for those of you who love to use smartphones. MB Trading is about to release their latest iPhone

Good news for those of you who love to use smartphones. MB Trading is about to release their latest iPhone Application, and let me tell you, from what I’ve seen so far, it looks very sleek and smart.

The login screen is very clear, simply punch in your username and password via the virtual keyboard. On a side note (and nothing to do with MBT’s app), personally, I’m not a fan of the virtual keyboard. Nothing beats a good old physical qwerty keyboard with the clicks and the sense of fulfillment of pressing something responsive.

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You’ll then be presented with a easy to use visual menu, with big and unmistakable icons for every important feature/tool you’ll want to use, including:

  • QUOTES
  • FX BOARD
  • CHARTS
  • ORDER ENTRY
  • ORDERBOOK
  • POSITIONS
  • TRANSACTIONS
  • ACCOUNTS & BALANCES
  • OPTIONS CHAIN
  • GLOBAL MARKET
  • WATCHLIST
  • SERVER MESSAGES

For a smartphone application, this does seem like a relatively comprehensive list of options.

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Something surprising is the ease with which it is to open, close and modify your orders. We know nothing can beat a PC when it comes to managing your trades, but this iPhone app definitely does a pretty decent job overall.

One thing that an iPhone or any smartphone will struggle with is obviously charting. Even though the iPhone 4 probably has the best resolution from all the smartphones, charting it’s still its weakest point. That said, it’s still useful for checking up on the latest movements using this tool, but it’s no dual-screen hi def setup.

Traders wishing to use an app for their iPhone and any upcoming smartphone, including Android and Blackberry, should get very used to this new app from MBT.

Of course, if you don’t have an account with MBT, then this is of no use. But they’re always pushing out reasons, and this is yet another one for iPhone zealots.

MB Trading have also informed me that an iPad version is also coming out next year, so it seems as though MB Trading are going to be amongst the first brokers to cover the whole PC, smartphone, and tablet markets, thus once more demonstrating their pioneering efforts in the forex industry.

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