LONDON, August 20, 2013 /PRNewswire/ --
In a world that's increasingly going mobile, forex traders can now draw trend lines, chart patterns, and identify support and resistance levels on currencies and financial instruments while they're on the go
OANDA Europe, a pioneering global provider of innovative foreign exchange trading services, today announced enhancements to the advanced technical analysis features built-in to the industry-leading fxTrade Mobile applications for iPhone, iPad, and Android smartphones and tablets.
With these new features added to fxTrade Mobile 3.2, OANDA's clients can now draw trend lines, mark chart patterns, and identify support and resistance levels on currencies and financial instruments anywhere they go, at any time.
"With the release of fxTrade Mobile 3.2 not only is OANDA maintaining its leadership in mobile forex trading capabilities, we're bringing traders even closer to the full desktop version of our award-winning fxTrade platform on a mobile device," said Trevor Young, Vice-President of Product Management, OANDA. "We know from the feedback we've received from OANDA's clients, and from their mobile trading behaviour, that they want a robust platform at their fingertips. They want to be able to do more than merely check on their positions or to take a peek at the latest currency pair spreads. By providing our clients with superior technical analysis functionality, we're responding to that demand."
Furthermore, fxTrade Mobile 3.2 provides traders with the ability to draw more advanced things such as Fibonacci Fans, Arcs, and Pivot Points. The latest version of the app also features Japanese language support.
This update builds on recent enhancements to the app released in July that included the addition of several new chart types, indicators, and the Ichimoku overlay designed to help traders identify trends in the market.
OANDA has transformed the business of foreign exchange through an innovative approach to forex trading. The company's award-winning online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. OANDA's powerful, flexible fxTrade platform is also accessible via mobile applications for iPad, iPhone, and Android devices.
In 2012, OANDA was named "Best Forex Provider" by the Financial Times and by Investors Chronicle; "Best FX Broker" by Forex Magnates; and was recognized by Investment Trends Singapore as providing "Best Value for Money" and "Highest Overall Client Satisfaction". OANDA was also the first online provider of comprehensive currency exchange information. Today, the company's OANDA Rate® data are the benchmark rates for corporations, auditing firms, and global banks.
OANDA has five offices worldwide, in Chicago, London, Singapore, Tokyo, and Toronto. OANDA Europe Limited is a company registered in England number 7110087 limited by shares with its registered office at 25 Watling Street, London, EC4M 9BR and is authorised and regulated by the Financial Conduct Authority, No: 542574.