Better Manage Your Online Trading With Smartphone Apps

Thanks to modern advancements in mobile phone technology, smartphone users can tap into a variety of mobile applications related to business news, industry information and financial market updates. Mobile trading applications have changed the way people think about trading and have empowered and encouraged more individuals to invest in the stock market. Looking for the ability to buy and sell stocks on the go? Mobile phone applications can help you manage trading with just a few simple clicks. Mobile trading apps can give you the ability to buy and sell stocks from almost any location and help you stay connected to the latest happenings in the financial markets.

Business News and Information

Anyone who plans to invest in the market needs to be aware of the latest developments within the financial sector. If you want instant updates, breaking news, access to corporate profiles and handy trading tips, there are plenty of mobile apps that can supply this type of information.

• Reuters News Pro provides users with personalized stock information and global market news. The free app is only available for Apple’s mobile and tablet products as well as Android and BlackBerry mobile phones.
• Bloomberg is a great app to keep you connected to the latest international financial news. Market watchers will love this app because it allows users to customize their news feed. The app also allows users to track their portfolio and use Bloomberg’s state-of-the-art charts to analyze their investment approach and strategy. This handy app is available for all major smartphone models including Nokia. You can purchase the Bloomberg app from your smartphone app store.

Stock Updates

If your mind seems to stay zoned on the market even when you are away from the computer, download a mobile app to help you keep track of the ticker.

• If you prefer to rely on visual data in your day-to-day experience with the market, ChartsLive is the perfect mobile tool for you. ChartsLive lets users create customized charts to help them analyze market trends. In addition to advanced charting functions, the app also provides real time stock quotes and detailed stock information. Download the app from your mobile app store for 99 cents.
• Thomson Reuters’ free Marketboard app is a great app for individuals who want to understand how current events affect the market. Marketboard is perfect for both newbies and market vets as it provides PDF downloads of company reports, a daily analysis of market trends and business news.

Mobile Trading

While apps that provide business news and industry updates are great for gaining information, sometimes you just need to physically trade stocks on the go. If you always seem to be just out of reach of a computer, download a mobile trading app to your cell phone to make important stock trades wherever you go. While not every stock brokerage offers a smartphone app to facilitate mobile trading, many of the popular stock brokerages offer mobile trading apps for iPhone, Android and BlackBerry phones.

• E*Trade Mobile Pro is a free app that facilitates mobile trading through E*Trade. In addition to helping users buy and sell stocks with a few simple clicks, the app also streams real-time quotes and provides breaking news and commentary about what’s happening in the market. E*Trade Mobile Pro is available for iPhone, Android and BlackBerry phones.
• iStockManager by TD Ameritrade Mobile is the preferred mobile platform to trade stocks via the TD Ameritrade brokerage. The app, which is available for BlackBerry, Android and iPhone, provides users with streaming quotes and other detailed stock information.
• Wikinvest Portfolio Manager is another great app to help traders keep track of their portfolio. Wikinvest works as a one-stop-shop for managing your investments accounts. The app compiles all of your investments into one place, allowing you to easily monitor all of your information. The app can be used with portfolios from over sixty brokerage firms.

Author Biography:

Isaac writes for Aon Hewitt, leaders in human capital consulting, employee benefits and auto enrollment. Isaac spends a lot of time studying the markets in his spare time and blogging.