What is Mobile Trading?

What is Mobile Trading?

Our readers will be interested to know what is happening in the market of mobile trading today. Correspondent of "FM", met with the lead programmer for mobile trading company MetaQuotes Software Corp. (Www.metaquotes.ru) Dennis Mezentseva and tried to find it otvet.Gospodin Mezentsev, what is a mobile Trading?

This new direction in the development of online trading. Modern technology makes it possible to trade operations and technical analysis, even with the help of the so-called naladonnikov - PDA connected to the Internet. It is now possible to conduct full-fledged trade from any place on Earth where you can operate a mobile phone. It should also be noted that the telecommunication services in Russia now has enough quality and the same is also have a reasonable price. And this, in turn, further contributes to the development of mobile trading.
And how do you feel the boom of mobile trading has already passed or is yet to be overcome?

Of course, as this new direction, the boom is yet to come. Some companies have yet to come to the conclusion that this is a promising direction. Others are already busy designing and developing their own systems. Still others may have something to present. However, the market is still very few players, and all of them can be counted on the fingers. Our company is one of the first to develop programmnogoobespecheniya for mobile trading and today offers the best solutions in this field.
Tell us more in detail about how it all began.

In recent years, the number of traders who have a need to constantly keep abreast of developments in financial markets started to rise sharply. Taking all this into account, in November 2002, we began the development of terminals for the CPC. We wanted to create awareness immediately Trading platform, that is, the terminal can not only provide information about the current state of the market, but also to undertake trading activities. A first software product was the terminal MetaTrader for Palm, running the operating system Palm OS. Having successfully completed and released to the market the first version of the terminal, we have begun the second product - MetaTrader CE, working under the operating system Microsoft Pocket PC. Thus, we created two programs to the two major platforms on the market of CPC, but in this work on the terminals have not ended. Since the first version did not stop work to improve the programs and the introduction of new functions.

And what happens now represent these programs?

First, it is full of information and trading terminals, that is, they can not only receive data in real time to display them in graphical form, but to make commercial transactions and manage orders. Secondly, the MetaTrader CE integrated technical analizv a set of indicators. This set is much less than that achieved in the terminal for desktop computers, but should not forget that this is not an ordinary personal computer, a pocket. Hence, together with all its advantages and limitations arise. Unfortunately, because of restrictions platforms, technical analysis has not been realized in the terminal MetaTrader for Palm. But with the development of the CPC, I think we will be able to include in its composition and technical indicators. Show it is very difficult to judge the future of computers Palm.

Summing up, I want to say that, to date, terminals for the CPC has to compete with some of the terminals for desktop computers. And given that will be further development of this class of computers, and, therefore, will increase the possibility of the software, then I think that mobile trading - a great future.

Play or earn

What are the roots of the popularity of exchange of instruments of one over the other?
Coglasites, trading on the stock exchange in the first place is associated with securities?

Until now, there are a number of myths and beliefs, which do not allow many people to take a step in the direction of the market "Forex". It is obvious that this is the consequences of past closed exchange transactions from the time when these were only the banks.
Trading on the FOREX market to the average person looks like a kind of mystery, accessible only to professionals with vast sums of money, expertise and special education. However, for most people in the world of buying and selling, for example, shares of corporations that have long been present no problem. Little GM, IBM, Coca Cola or Microsoft can afford to buy a student and a housewife.
But if you look at market rates from another angle - the banknotes, it shares the same states. A gosudarstvo - are the same corporations, large or small, strong or weak. The interior of the device is very similar to the administrative structure of large private companies. Even the titles and functions often coincide. The President and President of the company, the Ministry of Finance and the Finance Department, Ministry of Trade and Commercial Department, police and internal security service, etc.
If the economy are good, and manages the skillful leader - its currency just as shares of private corporations is growing. If the economy is poorly both at home and in the company, this leads to a loss of value of the currency or stock.


There is a widespread view that the market "Forex" very risky compared to stock?

There are many similarities between the stocks of large corporations and the currencies of countries. But there are some differences.
Daily trading volume on the forex market is about 1 trillion U.S. dollars, in 6-8 times the volume of trade on the stock market around the world. It should be obvious conclusion - the market rates simple investor more immune to the action of the major players, with insider information, because at a volume market with a huge number of participants, a very large speculator difficult to play in their game. "
Not a single case in the history of the foreign exchange market when the money would be developed obestsenivalis to absolute zero.
Bankruptcy is the largest corporations in the modern history of everyday business, is to remember the most striking examples of modern times - the company WORLDCOM and ENRON. Then the ordinary equity holders do not receive a penny for their cheap paper in one day.
After the events of 11 September in New York, the vast majority of the shares have not recovered from the losses, which are now the majority of investors make up 10-35% of the capital. On the same currency, this is not possible - all currencies can not be cheaper once or appreciate because They are listed on each other. Obviously, if desheveet USD, EUR expensive and vice versa. Ie always have a choice of currency, which is currently growing.
It's very interesting to see what happened to shares of companies Microsoft Dzhenera Motors, Coca-Cola and AyBiEm (unquestionable "blue chips" American stock market), and with the same "blue chips" currency market - the dollar / franc, the dollar / yen and pound / dollar and euro / dollar.
Consider the year 1998 - the year preceding the introduction of the euro, in this sense, the year is nervous for the currency markets. This year, shares of Coca-Cola first went up by 33%, then fell by 66%, then again went up by 25%.
Shares of General Motors went up by 27%, then fell by 62%, then again went up by 55%. Shares AyBiEm steadily grown throughout the year and grew by 81%. Shares of Microsoft first went up by 84%, then fell by 37%, then went up by 76%.
At the same time, Swiss franc oslabel at 5%, then strengthened by 18%, then again oslabel at 6%. The Japanese yen has weakened by 13%, then matured at 30%. Pound was stable throughout the year, magnitude between the maximum and minimum of the year amounted to only 7%, and by the end of the year the price was different from the price of the beginning of the year Sunday at his 0,6% (!).
Currencies show much greater stability.
Even the celebrated in the history of Forex market drop pounds and strengthen the yen against the backdrop of the shares are fairly light - 39% weakening of the pound in five months in 1992-93 (by the legendary George Soros speculation), and 50% of the strengthening of the yen over five years (1990-95 biennium ).
Year 1998 was another year of relatively stable movement of the U.S. stock market. Began in the fall and subsequent panicheskie ups expectations made the situation even less predictable. In doing so, you need to keep in mind that "leverage" in the stock market is no more than 1 to 4, on the currency market as "shoulder" may vary at will the investor relations from 1 to 1 to 1 to 100. Prone to risk traders can make the price change interest rates in hundreds of percent changes in the deposit, so the forex market as the stock market can meet and desperate speculators and investors cautious.
Yes, in the Forex market the interests huge number of participants. This leads to unpredictable changes in exchange rates in the short term. But here you need to remember that the risk of investment in a specific financial asset is determined not by the difficulty of predicting changes in its value, and so the notion of volatility. It may seem incredible, but on the Forex market rate second only to the market of government bonds in developed countries. In comparison, the volatility of the shares of Russian companies is between 30% to 50%, while the world's major currencies - only about 11%. Courses leading currencies are rarely changed in one day more than 1%.


Well, what with choosing a broker? So, whom to choose? Russian companies or foreign?

Of course, at first glance a foreign company is preferable. And why not? The main argument of many traders - the money will be tselee, and away from our tax. The logic of those words are. Major, what it involves - this is how to distinguish genuine, solid foreign companies from offshore pomoyki established as our fellow citizens.
It is no secret that now anyone can buy American, British, Cypriot, or other similar companies are not more than $ 2.000-5.000, this amount includes the opening of accounts in the normal west bank. Then rent a computer program for trade, a modest (or not so small) office, hired several people staff, and business is ready to work. It is clear that the financial business, these organizations will have no relations.


And how to distinguish a forgery from the original?

Foreign organizations can be divided into two groups - banks and financial companies. Banks have a banking license state, while confirming its existence, is in many public sites on the Internet, in particular at the Central Bank's country-specific. Therefore, if you choose a broker from the bank to check for licenses.
The true financial companies under the supervision of special organs. For example, American companies are controlled by NFA (www.nfa.futures.org), controlled by the UK FSA (www.fsa.gov.uk), Malaysia - LOFSA (www.lofsa.gov.my). If the company complies with the requirements of controlling the organization, it is assigned the appropriate number (ID). Does your potential partner ID, can and should be verified on the official websites of these bodies. Consider the existence of a registration number NFA or FSA test of reliability. By the way, please note that the regulation of the FOREX market in the UK is much stricter than in the United States. In this respect, British companies are preferable to others - the client is protected in an order of magnitude worse than anywhere else. The absence of such registration in the NFA or FSA means that you are faced with an organization that only masquerades under foreign.

Finally the theme of psevdoinostrantsami, I would like to emphasize the main point. There are no problems that the financial business in Russia is forced to resort to all kinds of offshore schemes. Around the world, their legal purpose - minimizing taxes, all the major global brands are subsidiaries anywhere in the Virgin Islands, Panama, Uruguay, and so on. As a living example of the world famous English bank Barclays (www.barclays.co.uk) and its special unit for wealthy clients, registered in the area of tax in the Isle of Man (www.barclaysprivatebanking.co.uk). Or, here at least another major U.S. bank CITIBANK (www.citibank.com) has a "daughter" CITIBANK IPB (www.citibank.com/ipb/europe/global/centres/1.htm) at about strove Jersey. The list goes on, moving in the telephone directory alphabetically otodnogo big name to another. In all this, there is absolutely nothing wrong and reprehensible. If the company openly claims that such a foreign firm is a subsidiary unit under full Russian control, the honor and praise for her candor and openness! In such a situation, the Client has full information to assess their risks, advantages and disadvantages encountered in the process of cooperation with such a partner. There are already in the first place stands clear and tangible reputation of the parent company in the Russian Federation, and any person can easily determine whether imozhet whether he wants to trust their money this organization.


And what about Russian companies?

Legal authority to conduct operations on purchase and sale of foreign currency in our country, only those banks which are licensed currency Central Bank of Russian Federation. The second option is Bookmaker license from GOSKOMSPORTA. Then, the company provides services that are referred to in the West as the "Financial Spread Bettingservice". Many well-known companies, such as SMS (http://www.deal4free.com/spreadbet/benefits_details02.jsp) and IF Markets (http://www.finspreads.com/spread.asp) using this scheme. In any case, it is regulated at the state level, and therefore has legal force.


It is dangerous to "play" on Forekse? What is the probability of losing an attachment?

Forex - it is just normal business, such as, for example, the contents of the restaurant, salon or fitness center. There are interesting statistics of the World Bank refers to the success of small and medium-sized businesses. According to the statistics, not all people can be successful. In the long run, the percentage of successful people become close to the percentage of success in the usual business.