Mitrade has updated its mobile app with a new trading strategy feature to help traders build a winning trading plan.
MELBOURNE – June 28, 2022 – Australian Forex and OTC derivatives trading broker Mitrade has added a new trading strategy feature to its mobile app to help traders better understand and analyze individual stocks and structure a winning trading plan.
The new strategy feature will help traders refine their short and long term trading strategies anytime, anywhere. It aims to give traders key insights into the movements of individual stocks and across markets so they can make informed and logical trading decisions.
“We are delighted to announce that the Mitrade mobile app has received a major feature upgrade. The new trading strategy feature will help traders predict market movements and help them derive advantage of market fluctuations.Traders will have a set of predefined criteria for initiating a transaction, which will eventually foster the habit of making thoughtful investment decisions.Our technical and financial experts are committed to innovating and introducing new app features to make trading easier for everyone,” said a Mitrade representative.
Mitrade’s trading strategy feature provides traders with a systematic methodology for buying and selling in the securities markets. The information portal contains strategic information on individual titles. Traders can study candlestick charts, see the pivot point which gives them insight into general market trends, and read Mitrade’s own trading suggestions for support and resistance lines. There is a comment section where other experts share their opinions on the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for individual security. However, the view in the trading strategy section is based on independent analyst judgment and is not a one-size-fits-all approach. Investors should consider their own individual trading objectives.
Mitrade’s Android app has been downloaded over a million times. In total, Mitrade currently has more than 1,100,000 users from all over the world.
Mitrade has been regularly featured on Nasdaq, Yahoo Finance, MarketWatch and Bloomberg. See all media features here – https://www.mitrade.com/about-us/media
Mitrade has won several awards, including Most Innovative Broker 2022 by FxDailyInfo and Best Mobile App 2021 by World Forex Award. See all awards at https://www.mitrade.com/about-us/awards
For media inquiries, please contact Ms. Belle Toh at [email protected]
Mitrade is a leading Forex trading and innovative financial technology group. Mitrade is strictly regulated by the Australian Securities and Investments Commission (ASIC), the Cayman Islands Monetary Authority (CIMA) and the Mauritius Financial Services Commission (FSC). A dedicated and visionary team of technology experts and finance veterans founded Mitrade and built a proprietary trading platform that has become the face of innovation in Forex trading. Mitrade consistently and dedicatedly pursues its mission of bringing simplicity to Forex trading.
All trading involves risk. CFD products may not be available in your jurisdiction and the dissemination of the above information is not intended to conflict with any local law or regulation.
Company Name: Mitrade
Contact person: Beautiful Toh
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