IG enhances mobile charts

Maria Nikolova

A new feature available on mobile enables traders to see a preview of a position when placing a trade.

Electronic trading firm IG Group Holdings plc (LON:IGG) has announced the addition of a new feature on mobile charts set to enhance the trading experience when placing a deal.

Traders can now see a position preview whilst placing a trade. On the picture below you can see how it would appear on mobile when interacting with the buy/sell option on the charts.

The company said it believes the new feature would be of use to for some of its clients, although some may think this is actually too much visual noise. That is why, IG has also provided a way to de-activate the preview from the “Show” menu.

For now this feature is only available on mobile but IG says it is working on porting this over to the new web trading platform.

While enhancing the charting capabilities on mobile, IG has terminated the offer of some of the applications. Earlier this week, the company confirmed that it stopped offering the application for Apple Watch. The move happens more than two years and a half after the launch of the solution and is attributed to weak demand from IG’s client base.

Talking of charts, we should not forget that IG’s new web platform continues to add functionalities that suit the needs of technical analysis fans. In October, for example, the platform started offering ‘Indicator’ alerts which can be added via the ‘Alerts’ tab on a chart.

In August, the platform gave traders the opportunity to make use of up to eight Moving Averages. And in May, IG responded to client requests by introducing Fibonacci extensions to the new platform charts. Traders can access this feature from the drawing tools menu on the new charts. In July, the broker added an Elliott Waves tool to the new platform charts. It can be found in the drawing menu at the top of the chart, or by right-clicking on a chart. Traders can then pick five points on the chart to form the drawing.

Read this next

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

<