What Does an R Mobile Trader Review Have to Say?
Access to R Mobile Trader for free is an enticing offer from the makers of R FX. The free trial will give you a chance to learn how to set up your own R Trader account, as well as experience the demo trading platform. If you’re a newbie in currency trading, this is definitely a must-try offer that won’t cost you an arm and a leg. Even if you’re not a beginner, getting to experience first-hand the capabilities of the online trading software could be worth your time. If you’ve been wanting to try your hand in the world of Forex, now would be the best time to take it.
R Mobile Trader is one of the many freely available iOS applications that make currency trading easier and more fun. It is fully featured with over two hundred currency pairs, twenty different markets, and a variety of indicators. The software gives the user options on which indicators to use. Some of these are particularly useful for beginning traders because they are easy to understand yet give detailed signals on what to do in the market.
The program also offers users the opportunity to go beyond the limited scope of the iPhone. For example, it supports trading in three major currencies: the US Dollar, the Euro, and the Japanese Yen robomarkets app. This allows you to get an overview of the various global markets before deciding on which currency to trade and gives you insight into which markets you should consider entering based on recent trends. Additionally, the iPhone and its associated applications offer users the ability to access the Traders Manual, which is filled with helpful information and tutorials that can help you with every aspect of your trading.
To start out with, the R Mobile Trader has three standard account types. There are the $10 unlimited Trader, the $500 Professional Trader, and the $1000 Metatrader account type. These all come with a demo account that allows you to practice trading with fake money in order to get a feel for how the software does work. You can use this practice account until you are confident enough to go ahead and open a real live trading account at a brokerage house.
The third account type that the platform provides is financial instruments trading strategy builder. This feature allows you to build your own trading strategy using the various financial instruments that the platform trades. The financial instruments that this platform trades include: stocks, forex, options, futures, commodities, and indices. Although brokers offer a variety of financial instruments for trading on their Mobile platform, the two primary brokers that offer this platform are MegaDroid and TradeStation.
With all of the benefits that this platform offers, it’s no wonder that over half of their Mobile Trader members area uses this application to trade on the stock market today. MegaDroid, while not free, does offer a free trial period and a money back guarantee. This gives consumers an opportunity to test the waters before deciding if they want to become a full member of the R Mobile Trader community. As with any online investment products or services, always do your research and be prepared to lose some money at times. But if you have been patient and have done your homework, you stand a good chance of turning a profit.