Growth of Mobile Trading

DailyFX

Growth of Mobile Trading

The online trading revolution has transformed the financial industry. Not so long ago investors had to call a regular land line to speak to a live broker in order to place a trade. That all changed in the 1990s with pioneers like E-Trade and Charles Schwab, who gave online stock traders access to more information along with decreased trading costs. By the mid-1990s 20% of the nation’s population was investing in stocks thanks to online trading. Now the “Trading App” revolution has created Mobile Trading services not just for stock trading, but also for the Forex Market – the largest trading asset class in the world.

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