Fri, January 27, 2023

Swissquote’s Advanced Trader App Diversifies

Trader: Hands of trader holding smartphone with stock market app

Swissquote’s Advanced Trader recently added a new option into the platform. The Vanilla FX options are “call and put.” These are options that enable easier, more unique trading strategies.

The new options are available for 45 currency pairs with an emphasis on diversification, including specific expiration dates. The “Tailored term” option has a setting range from one day to a year.

Meanwhile, another highlight is “Strike price,” which is determined to the fourth decimal place.

Advanced Trader keeps individuals’ trading risk in currencies prioritized, along with those who want to expand their exchange strategies. The platform currently offers 80 different currency pairs.

Swiss claims the tab helps provide its consumers with more opportunities for forex. The trader continues to add more options to the platform since its first launch in 2010.

Other upgrades include an improvement in the login process, asset, and transactions in quote detail, and cryptocurrencies transactions history.

Mobile Level 3 also moved back to the Mobile Level 3 section.

The trader also added a Notifications menu into the About section, allowing consumers to control how they receive Swissquote updates. Users can also opt to receive notifications for Payment Card transactions.

Personal Lists are also available on the left menu in Android-based devices.

Swiss: Pulseless

The online trader recently discontinued its “social network for trading ideas,” Pulse. The network provided an environment where traders can share ideas for trading strategies.

Pulse beta-launched in August 2016 and officially started in summer 2017.

Swissquotes asked for feedback and suggestions for its services in the platform, made available in four languages. English, French, German, and Italian users were able to interact less formally for information between companies.

The Group added a Chatbot into the Customer Care section of its Android app in late 2017. The solution offered direct logins into the application in the same year.

However, the trader’s research team concluded social media were replacing Pulse, removing the need for it in the first place.

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