FX Prime by GMO Launches Mobile App for Push Notifications
- FX Prime's new mobile app provides rate, volatility, and signal alerts.
Japan-based online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker FX Prime, which is majority-owned by GMO Corporation, today announced the release of its Forex Watch app, and said that the new app is now available on the Apple app store as well as Google Play for Android devices.
The update said that from April 4th 2016, users will be able to install the app and receive push notifications related to their trading activities, which will be sent to their smart-phone devices running the app.
The notifications were described as customizable based on several input variables and conditions, which together create the conditions - that once met - trigger the alert. Three notifications surrounding forex prices included the Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term, rate and signal notifications.
Rate, Price and Volatility Notifications
For example, the volatility notifications uses parameters related to the degree of change that occurs within a certain time frame, including 3, 10 and 30 minute intervals, based on custom values. The idea was for traders to be able to sense when the market conditions change, such as when a support or resistance level is validated or breaches, and when the resulting volatility increases the speed of the price movement.
GMO explained in the press release that the signal notification function provided push notifications to users based on the strategy they’ve chosen, including the ability to choose from a list of strategies, while returning the cumulative profit or less for each one.
The rate notification was described like an alert where the notification is pushed once the price level is reached, and the update explained how the app allows for up to thirty different rate notifications to be set up.
Source: FX Prime
Japan-based online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker FX Prime, which is majority-owned by GMO Corporation, today announced the release of its Forex Watch app, and said that the new app is now available on the Apple app store as well as Google Play for Android devices.
The update said that from April 4th 2016, users will be able to install the app and receive push notifications related to their trading activities, which will be sent to their smart-phone devices running the app.
The notifications were described as customizable based on several input variables and conditions, which together create the conditions - that once met - trigger the alert. Three notifications surrounding forex prices included the Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term, rate and signal notifications.
Rate, Price and Volatility Notifications
For example, the volatility notifications uses parameters related to the degree of change that occurs within a certain time frame, including 3, 10 and 30 minute intervals, based on custom values. The idea was for traders to be able to sense when the market conditions change, such as when a support or resistance level is validated or breaches, and when the resulting volatility increases the speed of the price movement.
GMO explained in the press release that the signal notification function provided push notifications to users based on the strategy they’ve chosen, including the ability to choose from a list of strategies, while returning the cumulative profit or less for each one.
The rate notification was described like an alert where the notification is pushed once the price level is reached, and the update explained how the app allows for up to thirty different rate notifications to be set up.
Source: FX Prime