OANDA fxTrade app for Android aims to improve chart trading experience

Maria Nikolova

Shortly after introducing similar upgrades to its mobile app for iOS devices, OANDA updates its fxTrade app for Android gadgets too.

Provider of online trading and technology services OANDA has recently released an upgraded version of its fxTrade application for Android-powered mobile devices.

The focus is on improvements of chart trading experience, with users of the solution now being able to close trades from the chart. In addition, traders can create a new trade from the Buy/Sell buttons in the rates list, which will remove the Buy/Sell box from the chart drawer (this is valid for phone only). Also, Stop & Limit Order types created at https://trade.oanda.com can now be viewed and modified in the application. Chart auto-scale when dragging a price past the current limits during Chart Trading.

OANDA trading app provides access to more than 120 instruments, including currency pairs, precious metals, and CFDs for global markets, indices, commodities, and bonds. Traders can make use of live, real-time prices to trade major, minor and exotic instruments. The solution offers access to over 50 technical tools, including 32 overlay indicators, 11 drawing tools, and 9 charts.

Talking of upgrading mobile apps, let’s recall that in early February this year OANDA released an update to its mobile trading application for iOS gadgets too. The most important addition was probably Chart Trading, which (as its name shows) enables traders to open and modify trades and orders directly on the chart. Traders can also add and adjust Take Profits, Stop Losses, or Trailing Stops directly from the chart.

Considering feedback from users regarding the latest version of OANDA fxTrade for Android, some are displeased to a degree. This involves problems with alerts and complaints about the app not closing on Galaxy S7 but continuing to drain batteries.

Apparently, in the face of some tech issues experienced by certain users, OANDA continues to push further into the development of mobile technology for online trading. The broker is inviting users of its solutions to comment via traditional channels and also via a dedicated website called OANDA Prototypes where one can check out and leave a comment on the new products and features the OANDA’s User Experience Design and Development teams are currently working on.

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