The forex trading market has made big strides as far as technological advancements are concerned. Technology has made it possible to decentralize the global market, therefore, making it easy and convenient for people all over the world to trade currencies at any given time. Smartphones have simplified the trading processes.
But there are many varying phones in the market. What does this mean?
It simply means that the more sophisticated in terms of features a smartphone is, the more streamlined your online forex trading experience will be. At the end of it all, it is all about making sure that you have an easy time trading online. The only other thing that matters besides having a good smartphone is a stable internet. Those two should always go hand-in-hand. The last thing you want is not being able to execute huge financial decisions especially during times of financial market panic.
That said, you need to familiarize with some of the best smartphones in the market, that could come in handy in forex trading. If you already have one of them, good for you. If not, consider upgrading as you could be missing out on a lot in the financial world. The best options today are:
iPhone 11 Pro and Pro Max
The newest versions of iPhones yet which were launched towards the end of last year, these two make great choices for forex trading smartphones. They came with improved battery life (assures you of uninterrupted online trading sessions) and a clearer camera.
They, however, come at a price, but that is a nonissue considering what you stand to achieve and enjoy from using any of them. They have faster processing speeds and their screen resolution is the perfect example of how a trading screen should look like. Their size perfectly fits on hands making them easy to navigate.
OnePlus 7 Pro
For a phone with 6 to 12 GB RAM, you are set to manage multiple trading accounts and applications without fear of losing track or focus. OnePlus has all the best features you could look for in a trading smartphone, for instance, the battery life and size of the screen. Its price ($669 starting price) is also a match for the value it comes with.
Xiaomi Mi 9
If affordability in a smartphone is one of your concerns, Xiaomi Mi 9 could be the ideal forex trading phone for you. It is one of the few phones in the market that do a lot in comparison to how much they cost. Forex trading comprises demanding tasks which you can easily execute using this particular phone as it comes with a quicker processor. You can also count on it for clear screen display of charts and any other analytical information in the world of forex trade.
Samsung Galaxy Note 10 and note 10+
Looking for a business companion in the form of a smartphone? This Samsung phone version is excellent in all dimensions and you decide to look at it. These latest versions have admirable storage capabilities, speedy processors and a quality screen in terms of size and resolution. Did you know that this phone comes with a wireless charging feature? Sounds perfect, right?
Google Pixel 4 XL
This Google Android-powered phone also makes a smart choice for a trading smartphone. Its battery life is desirable and so is its 6GB RAM and 128GB memory storage. You are also in for a bigger screen.
Mobile is the way to go
If you own a smartphone or a tablet for that matter, you are set to take part in the forex trading market. You also get a chance to keep up with forex market news from reliable sources.
However, unknown to most people, the choice of phone you intend to use in forex trading matters. There are so many versions of smartphones in the market but this does not imply that they all meet the standards of carrying out online forex trading.
This is because different smartphones differ in many ways from display resolution, screen size, processor speed, battery life and internal storage. The above picks are the best that you can go for today.