Updated IG Academy app focuses on webinar enhancements

Maria Nikolova

This update enables traders to view webinars in their local language.

Electronic trading major IG Group Holdings plc (LON:IGG) continues to enhance its mobile solutions. The latest version (2.7) of the IG Academy app for iOS devices was released earlier today and, apparently, the enhancements are focused on webinars.

The broker is constantly working to improve the traders’ learning experience and make the app easier to use. This update will enable users to view webinars in their local language.

The preceding version of the solution came with an expanded list of languages. The broker added Swedish to the lineup, taking the number of languages in which the app is available to nine. Earlier in the summer, IG added Dutch, Italian, Norwegian and Spanish to the language list, in a move to take the solutions to a wider clientele. Let’s also note that such moves are in tune with the growing use of mobile solutions by younger clients.

IG has been keeping an eye on other features too. In an update to IG Academy released in May this year, the broker enabled traders to join live webinars with leading trading experts. In addition, the app became fully compatible with iPhone X to give traders the best experience. Users of the solution also got to manage their marketing preferences.

IG Academy, as its name suggests, has as its goal to teach its users how to trade straight from their phones.

Downloading the application is free of charge. Users of the solution may learn about trading financial assets such as shares, indices, Forex and commodities, and find out how to capitalise on both rising and falling markets. They can also discover how to trade using leverage, execute orders and develop a trading plan. In addition, the application offers traders a way to understand risk management and how to protect their profits or limit potential losses. From a psychological point of view, the solution enables traders to gain the confidence to decide what, when and how to trade.

Let’s recall that, in November 2017, IG launched an online process to enable its sophisticated clients who meet the required criteria to apply to become categorised as an elected professional client. The proportion of UK and EU revenue generated by professional clients was over 50% in Q1 FY19, in line with the company’s previously stated expectation.

The relatively frequent updates to the IG Academy app show that the broker is not ignoring the needs of newbie traders either.

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