Magnet FX Trader
Trading anywhere
Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
This app allows users to trade various financial instruments like forex, gold, and indices from anywhere, anytime. It offers a demo account for practice, real-time charts, and advanced analytical tools. The platform emphasizes transparent and secure trading with order tracking.
What's New in Magnet FX Trader
1.1.0
October 24, 2022
New app logo design Enhance performance
FAQ
What financial instruments can I trade with Magnet FX Trader?
Magnet FX Trader allows you to trade forex, gold, silver, US indices, and oil all within a single application. This provides a comprehensive trading experience for various market interests.
Does Magnet FX Trader offer a way to practice trading without real money?
Yes, Magnet FX Trader includes a demo account that allows you to practice your trading strategies without any financial risk. This is ideal for beginners to learn the platform and for experienced traders to test new approaches.
What analytical tools are available in Magnet FX Trader?
The app provides 30 of the most popular technical indicators and 24 analytical objects, including lines, geometric shapes, Gann, Fibonacci, and Elliott tools. These features aid in in-depth market analysis.
How does Magnet FX Trader ensure trading transparency and security?
Magnet FX Trader ensures transparency and security by providing a trading journal that tracks every order transaction within the system. This allows users to monitor their activity and maintain a clear record of their trades.
What timeframes and chart types does Magnet FX Trader support?
The application supports nine different timeframes, ranging from M1 to MN, and offers three types of charts: bars, candlestick, and line charts. This flexibility caters to various trading styles and analytical preferences.
What is the risk associated with trading on Magnet FX Trader?
Trading on Magnet FX Trader involves real trading with a high risk of losing money rapidly. It is crucial to understand the principles of forex trading correctly before engaging in live trading.
On which devices can I use Magnet FX Trader?
Magnet FX Trader is available for iPhone, iPad, and iPod devices. The app is designed for mobile trading, allowing you to access markets on the go.
When was Magnet FX Trader last updated?
The latest version of Magnet FX Trader, 1.1.0, was last updated on October 24, 2022. This indicates the app is actively maintained, though the last update was some time ago.
