Divisa Capital launches iPhone Forex App

Divisa Capital announced today the release of its new iPhone Version 1.4 application for 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 trading. The new App, which offers significant enhancements and updates for both retail and institutional clients, features more options for the display of information and the ability to place orders from multiple screens.

"We are excited to present the new iPhone application with its new and exciting features like the ability to trade from the chart; the option to view the rates in both the standard view and the tabled view which allows for more pairs to be displayed; and the ability to place OCO or One Cancels Others orders, all of which adds up to an exciting addition to our product offerings," said Michael Markarian, President of Divisa Capital.

Version 1.4 also allows users to view indicative rates without logging in, a time-saving enhancement that furthers ease of use and general efficiency. To do this, users access the iPhone Applications Log In screen, then tap indicative rates and charts. Users may select “Arrange” to designate which pairs of currencies appear in the Rates screen. They can also view the chart by turning their iPhone to the landscape position.

Other enhancements include a 40% reduction in bandwidth usage which greatly improves application speed and performance as well as login performance.

In all, the Version 1.4 increases access to graphic and numerical displays, provides enhanced options to trade directly from different screens, upgrades speed and ease of use, and affords the on-the-go Forex trader a more efficient and secure mobile application.

Forex Magnates team caught up with Divisa Capital's President Michael Markarian, watch out for their discussion on start up FX brokers, available in the next Q2 quarterly report 2012.