X Open Hub takes its mobile trading solution into biometric face recognition, adds new charting features

As well as a range of new charting functionality and user-friendly upgrades for both Android and Apple solutions, X Open Hub has also added biometric facial recognition technology to its iOS mobile trading platform.

There has been much dialog, but not much action with regard to the evolution of retail trading platforms in recent years.

For many brokerages, relying on the status quo which represents an unholy alliance between third party vendor MetaQuotes, thereby disabling a broker from owning its own client base or infrastructure and becoming subservient to an affiliate marketing platform rather than empowered by a multi-faceted trading platform, remains.

FinanceFeeds has attended numerous meetings with brokerage senior executives across the globe, all of whom understand the value and importance of going down the multi-asset product expansion route, and almost all of whom understand the clear virtues of having an ergonomic user interface which engenders a loyal customer base, enables brokers to own the entire intellectual property base of its business – which let’s face it is why entrepreneurs start businesses in the first place – and offer differentiating services to specific audiences.

Platform diversity has therefore become a vital direction within companies that seek to evolve their brokerage away from the also-ran third party solutions that have remained oddly dominant despite their obsolescence, lack of customization functionality and USP dilution.

As customer requirements continue to elevate, maintaining the correct level of functionality and cyber security are two considerations upon which FX brokerages must continue to push the boundaries, not just for regulatory purposes, but also to provide today’s sophisticated client bases with systems that our industry is renowned for – innovative trading environments with top level security and comprehensive functionality.

Today, X Open Hub has launched two new versions of its mobile trading application, one for the Apple iPhone’s iOS operating system, and the other for Google Android.

In the latest version of XOH Trader, X Open Hub has introduced new feedback-based trading features. It is the first major platform release in 2020 with some exciting new features and enhancement.

For the Android mobile operating system version 2.14 and later, the company has added added fingerprint and passcode unlocking methods.

Cross tools on charts become more convenient to use, and date and time data are adjusted to the chart period. Additionally, close only instruments won’t be available in the app, only on the portfolio screen if there’s an open position.

X Open Hub has improved the search speed of the instruments, and in the portfolio tab, if there’s only one open position, the details will be unfolded by default.

For the Apple iOS mobile operating system version 2.11.0 and later, traders can lock their app with your face or fingerprint, making this X Open Hub’s foray into biometric facial recognition technology.

The company has also added an option to edit positions from a chart, as well as adding net profit for the details window on closed positions.

In terms of trading analytics, the most recent news regarding an instrument can be quickly viewed when placing a new order, and within the mobile application for the Apple iPad, there is now support for screen rotation so that it can be used in landscape mode.

Lastly, weekend candles can be turned off in chart settings for more in-depth technical analysis.

For most modern traders, granular information is key, therefore these are welcome refinements indeed.

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