Mobile Phone Trading Platforms - MT4 Mobile Phone Bitcoin Apps
With the recent advances in technology and the coming up of smart phone devices that now have an operating system like of a PC that can have software Applications installed, it has now become possible to come up with trading applications that can be installed on Mobile phones.
Just like other mobile phone apps there are now apps for mobile phone trading that can be used to place online Bitcoin trading orders. These Bitcoin trading applications provide traders with a way of accessing the online Bitcoin trading market through their mobile phone. The most popular Bitcoin trading applications are the MetaTrader 5 mobile trader platforms. These MetaTrader 5 mobile phone trading applications are provided by online Bitcoin trading brokers alongside the desktop trading platforms. Because the Most popular desktop Bitcoin software is the MetaTrader 5 or MT5 - there is also the mobile phone trading application version of this MetaTrader 5 platform. These Mobile trading applications are provided free of charge by the online brokers & traders can download these apps on their mobile phone and trade the online Bitcoin trading market with these mobile phone trading applications.
The most commonly used phone trading versions when it comes to trading Bitcoin are iPhone, iPad and Android MetaTrader 5 mobile trading versions. These are the best mobile trading platform applications to use as most mobile phones are either iPhones or Android phones.
But you should also know that the type of MT5 mobile trader version you install should be compatible with your phone. An online Bitcoin broker will have several versions, for Example:
The 4 most popular online trading platform versions for mobile phone trading are:
iPhone - Download iPhone MetaTrader 5 Mobile Trader VersioniPad - Download iPad MT5 Mobile Trader VersionAndroid - Download Android MetaTrader 5 Mobile Trader VersionWindows - Download Windows Mobile Version
MetaTrader 5 Mobile Android Trader - Bitcoin Trading Mobile Phone Application
MetaTrader 5 Mobile iPhone Trader - Bitcoin Trading Mobile Phone Application
MetaTrader 5 Mobile iPad Trader- Bitcoin Trading Mobile Phone Application
All these mobile MT5 platform versions are only compatible with specific type of software or operating system of your phone.The mobile Bitcoin trading platform is for traders wanting to trade from anywhere at any time.
Mobile Phone Trading Software
The Mobile phone Bitcoin trading platform is the mobile MetaTrader 5 version of the desktop version. This version will also display realtime quotes of financial instruments & charts where one can place trades and orders that include market orders and pending orders.
Mobile Phone Platforms - Demo Account and Live Account
Just like the Desktop version there is a practice account and a live account. All you have to is to download the platform & you can then open a practice account to practice Bitcoin trading with.
To install an application, one has to go to the Apple App store or Android Google Play Store and search for MetaTrader 5, provided by MT5, after downloading and installing the APP, go to the "open demo account", if you have a real account you can just proceed to the login part.
On the login window, before login in you have to specify the following: there is a "search field" on this search field a trader will have to put the name of their online broker, but if you download the app from your Bitcoin broker this field will by default have the name of your online broker.
Then Select either 'Demo Trading' or 'Live Trading'Then enter the password and login detailsThen start mobile tradingThe MetaTrader mobile platform requires you have an iPhone 4 or 5.
The main Features of the Mobile platforms are:A trader can manage open positions, monitor capital & equity from the phone platformA trader can monitor the newsA trader can place orders - buy stop, buy limit, sell limit, stop loss, take profit ordersA trader can close open tradesA trader can generate a trade transactions report from the mobile phoneA trader can carry out technical analysis on the chartsThe mobile trader platform also has security features
Just like with the desktop trading version, the mobile Bitcoin trading version of the MetaTrader 5 softwares will stream live Bitcoin quotes, plot Bitcoin trading charts where a trader can also add Bitcoin indicators. On this mobile trader platform a trader can place buy & sell orders, place stop orders, place pending orders & modify any trades as they would like. A trader can also generate all Bitcoin transaction trading reports and view them on these mobile Bitcoin trading platforms just the same way as they would on the desktop version. The only difference between this platform for mobile phones and desktop version is that these mobile trading applications are portable and a trader can access them and trade through their phone from any part of the world that they want.
The Bitcoin trading charts can also be scrolled from left to right & traders can place any Bitcoin MT5 indicator on these charts the same way they would do it in a desktop MT5 platform. The charts provided also include minute trading chart, hourly charts, daily trading charts as well as weekly & monthly charts.
With these mobile MT5 platforms all a trader requires to access them is their MT5 account, the same account that they use to login to the desktop MetaTrader5 platforms. Beginners can also use their MT5 demo account to practice on this Bitcoin MetaTrader 5 mobile platform.
The MT5 platform for mobile is provided free of charge and one can download these platforms from the App Store or from the Play Store and one can download the app with the name of their online Bitcoin trading broker and begin trading immediately.
The Phone trading platform contains 30 of the top technical indicators commonly used to analyze Bitcoin charts.
Traders can also access news updates through their mobile phone platforms.
The MT5 mobile trader inter-face is also customizable and traders can customize layout to suit the format that they want when trading.
The mobile trader applications use secure login with a password and touch ID access. Traders can manage their Bitcoin trading account in real time after login to their accounts from their mobile phones and print any trade reports using these trading platforms.
