GMO Click, the biggest Japanese brokerage by trading volumes has just expanded its mobile application portfolio with two new additions. Both new apps are for Android, but cater to different users.
After the initial reluctance from mobile app developers to engage in developing watch applications, things are starting to change with the launch of the Apple Watch this month. While none of the Android Wear devices has picked up material interest from buyers, the Japanese brokerage is aiming to be future-proof.
The other GMO Click addition to the app universe is CFDroid, designed specifically for the needs of users trading assets outside of the forex universe.
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CFDroid features customizable watch lists, charts with about 10 indicators and 12 period types. By global standards, the application doesn’t seem like a big breakthrough, however the company claims that it delivers PC-like execution.
Back to the Android Wear application named FXWatch, which provides real-time notifications and a list of quotes. Users can also set a watch face which includes FX rates.
The need for a watch application on an Android Wear device is questionable at best. The same goes for an Apple Watch, with the difference that the Cupertino company’s device may provide discreet notifications with its haptic engine to the user’s wrist.
Unique app functionality is one of the major unknowns when it comes to the success of the Apple Watch, with a number of analysts pondering why a user would wear the wrist device.