OANDA adds One Tap & Hold Trading option to mobile app for Android devices
The broker makes it easier to trade via mobile devices thanks to the new feature.
Multi-asset trading expert OANDA has earlier this month released a new version of the OANDA fxTrade mobile application for Android-based gadgets. The latest enhancements to the solution make it easier to place trades while on the go, as the broker has added an option called “One Tap & Hold Trading”.
To enable this functionality, one should visit the settings screen and check off “One Tap & Hold Trading”. In order to use it, traders should visit the rates screen, and then tap and hold on “buy” or “sell” on the instrument they’d like to trade.
In January this year, the OANDA fxTrade app for Android devices got equipped with a new Trading Performance tool available on traders’ live V20 trading accounts. The Trading Performance tool provides trading history and professional grade metrics to help visualize, track and manage one’s trading habits. Traders can find the tool in the “More” tab.
The enhancements related to the V20 accounts were introduced after in November last year, OANDA released an update to the OANDA fxTrade mobile application targeting European clients of the broker in particular. This happened as the company moved the legacy accounts to new V20 accounts, with the transition reflecting OANDA’s efforts to comply with the new MiFID II regulations.
In the meantime, the broker is expanding the capabilities of its mobile app for iOS devices too. In March this year, for instance, OANDA enabled direct trading from the “Alerts” tab. To make use of this functionality, traders need to tap on an alert, and if there is a corresponding instrument, the app will show the chart so that they can trade.
OANDA’s fxTrade mobile app provides traders with access to live, real-time prices to trade major, minor and exotic instruments on CFD, forex, and precious metals markets. The solution offers direct trading from charts and access to more than 50 technical tools, including 32 overlay indicators, 11 drawing tools, and 9 charts to easily edit take profit, stop loss and trailing stop orders.
