CMC Markets have launched a financial spread betting iPhone application. The app lets iPhone users access to live prices and spread bet on thousands of markets such as equities, indices, FX and commodities.
Executive Chairman of CMC Markets, Peter Cruddas, stated:
“We are not the first spread betting company in the industry to launch an iPhone application but without doubt, I believe ours has the highest level of functionality and usability of all the spread betting apps available.
“Unlike other providers, we haven’t just re-tuned our existing trading platform and put in an application. We’ve taken a different approach. We’ve built it from the ground up as a fully functional trading platform designed specifically for the iPhone.”
The iPhone delivers streaming prices, live charts, real-time news and up-to-the second information so spread bettors can trade or check on their positions wherever they happen to be.
The new iPhone app also features interactive, multi-touch chart navigation, customisable watch lists and advanced orders including transactional based-stop losses. Fact sheets on each instrument provide users with streaming news, trading information such as market opening hours, margin rates and spreads as well as insights on how market forces may influence the price of that instrument.
CMC Markets - Free Access
Kerem Ozelli, Head of Product Development commented:
“We don’t just offer our market data and live prices information to our customers; anybody can get access to the CMC Markets information through the unlimited-use free demo available via our app.
“The UK has always had sophisticated investors and we want to allow more people to take control of their investment decisions by making financial markets as accessible and transparent as possible through our user-friendly design and innovative technology.”
The CMC Markets spread betting app is available to download now from the App Store for both the demo and live account.
Spread betting, FX and CFDs are leveraged products. They carry a high level of risk to your capital. It is possible to lose more than your initial investment. These products may not be suitable for all investors, therefore ensure you understand the risks involved. Seek independent advice if necessary. Note that CMC Markets provide an execution-only service. CMC Markets research and charting tools are indicative and provided for information purposes and must not be relied upon as investment advice.
For a CFD account, all your dealings will be with CMC Markets UK Plc and for a Spread Betting Trading account, all your dealings will be with CMC Spreadbet Plc. which is authorised and regulated by the Financial Services Authority in the United Kingdom, registration numbers 173730 and 170627.
Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
'CMC Markets - New iPhone Spread Betting Application', Review by D. Jones, last update: 10-Sep-10
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