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Broker for mobile trading

  • #1
  • First Post: Dec 30, 2007 12:51pm Dec 30, 2007 12:51pm
Hi, I would like to read some advice from traders using platforms to trade with a mobile device. I want to start testing the swing system that MuddBuddha posted, and up to now, I've considered Metatrader Mobile (a lot of brokers use it), and GFT; but you know, is not always the same watching the pictures and using the demo than the real thing.

There's also the difference of the OS of mobiles, I like the Moto Q9 and the HTC Kaiser, (both with Win Mobile 6), but I can get a Blackberry for half the price, and the internet service is also half the price for Blackberry, so, while I like more the Windows devices, the wallet tells me "Go for the Blackberry", so I'd like to read some experiences.

Thanks for reading.
Ado Whether you believe you can do a thing or not, you are right.
  • #2
  • Dec 30, 2007 1:25pm Dec 30, 2007 1:25pm
Quoting Ado
Hi, I would like to read some advice from traders using platforms to trade with a mobile device. I want to start testing the swing system that MuddBuddha posted, and up to now, I've considered Metatrader Mobile (a lot of brokers use it), and GFT; but you know, is not always the same watching the pictures and using the demo than the real thing.

There's also the difference of the OS of mobiles, I like the Moto Q9 and the HTC Kaiser, (both with Win Mobile 6), but I can get a Blackberry for half the price, and the internet service is also half the price for Blackberry, so, while I like more the Windows devices, the wallet tells me "Go for the Blackberry", so I'd like to read some experiences.

Thanks for reading.
Hola Ado

I am going with live mobile trading from the next week. I got the HTC advantage X7501. it is a great PDA phone with 5 inch VGA touch screen.
I did try metatrader demo with FXDD and it rocks. Unfortunately, FXtrade of Oanda can not be used on mobile device due to the Java applet that it is not supported by either Mobile Internet Explorer and Opera mobile. Btw, Opera mobile is a a lot faster then MIE.

If you decide to go with MT4 broker, you need a WM5/6 PPC. the Blackbeeries wont run MT4. I reccomand you the HTC tytn II (Kaiser), but the screen is only 2.8" which is not very practical to look at charts... that why I did choose the HTC Advantage and got it for $770. It is a very nice deal since the best price you can get for the Kaiser is about 650$.

Also you should consider the access to Internet. I do not know if you can get a good deal. Most Data plans are still expensive. Fortunately, my GSM carrier in Canada (Fido) are offering a great plan now. It is 12Mb/month for an extra 2$ and an unlimited access for 4 months. the 12Mb can be reached in 1-2 hours if you browse normal websites. MT4 Mobile doesn't consume much data ..So you better get a big data plan if you going to use the PDA so often.

I will try today and tomorrow some web based platforms of other brokers and I will let you know.

Cheers
  • #3
  • Dec 30, 2007 4:33pm Dec 30, 2007 4:33pm
The cost of the data plans are definetly something to consider in my case:

Blackberry Internet Unlimited Service: $35 USD
30 MB Pack Internet service (no BlackB's) $30 USD
Unlimited Internet Service (no BlackB's): $70 USD

Devices:

Blackberry 8800: $350 USD (with 18 months contract)
Moto Q9 : Not available (i can get it for $600 outside and just place the chip)
HTC Kaiser: Not available (i can get it for $800 outside)

The device you bought looks great, but since I'm not planing to use charts I find it a little bit big, I just want to receive email, and place-close orders.

Given the mentioned facts, the logical option would be a blackberry, but... there's no metatrader on BB... and who knows, maybe the blackberry platforms/brokers sucks and/or maybe I can need something more advanced in the future, and maybe could be a smarter buying other device, that's why I'm not decided.

Anyway, congratulations for your new toy, and please keep me informed of your discoverings.

Happy new year
Ado Whether you believe you can do a thing or not, you are right.
  • #4
  • Dec 30, 2007 6:26pm Dec 30, 2007 6:26pm
I use the Moto Q with Metatrader mobile. I use InterbankFX and have no complaints. Fast execution... great connection.

I've also used GFT (live trading as well) and didn't have any issues with them either. I just wanted to move to Metatrader as a platform.

Hope that helps!
  • #5
  • Dec 30, 2007 8:18pm Dec 30, 2007 8:18pm
Quoting AggieTrader
I use the Moto Q with Metatrader mobile. I use InterbankFX and have no complaints. Fast execution... great connection.

I've also used GFT (live trading as well) and didn't have any issues with them either. I just wanted to move to Metatrader as a platform.

Hope that helps!
Yes, Metatrader looks nicer than GFT, but the cost of buying and mantaining a non-blackberry device double the cost of a WinMobile one... and now that I read FxFan gets 12 MB for only $2... man only $2! I feel my local carrier is really screwing users.

Anyway, if MT doesn't use that much data, I might get the 30 MB pack with a Moto Q and IBFX as you, that was actually one of the options I was considering.

Thanks for answering Aggie! Happy new year!
Ado Whether you believe you can do a thing or not, you are right.
  • #6
  • Jan 7, 2008 8:58am Jan 7, 2008 8:58am
Quoting FxFAn1978
I will try today and tomorrow some web based platforms of other brokers and I will let you know.

Cheers
Hi FxFan, I'd like to know how are you doing with your mobile, and if you have found something interesting in other broker platforms.

I went to my carrier shop a couple of days ago, and they said if I wait a couple of months they will give me the Moto Q for $250, combined with the 30 Mb internet pack I guess will be definetly my election, but anyway I'd like to know anything interesting you might notice.

Nice trading week.
Ado Whether you believe you can do a thing or not, you are right.
  • #7
  • Last Post: Jan 7, 2008 6:23pm Jan 7, 2008 6:23pm
Quoting Ado
Hi FxFan, I'd like to know how are you doing with your mobile, and if you have found something interesting in other broker platforms.

I went to my carrier shop a couple of days ago, and they said if I wait a couple of months they will give me the Moto Q for $250, combined with the 30 Mb internet pack I guess will be definetly my election, but anyway I'd like to know anything interesting you might notice.

Nice trading week.
Hi
Well I mostly used with MT4 demo. It very nice. clear charts and most functions available. I must tell you that I use 3G (HSDPA) and using MT4 for one hour can consume up to 2Mb of data. if you are planing to use it often, I am pretty sure the 30Mb is nothing. But you still can connect the phone to other networks via Wi-Fi...

Also I just did google Moto Q and read it has WM5!! I am not sure if new models come with WM6. There is a huge difference between the 2 version of WM. You better get a PDA phone running WM6.

Let me know is you need more information
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