Your money moves faster
The currency market has been waiting for technology to catch up with traders' desires to make split-second decisions. As a trader, you want to move funds quickly in response to the markets, and fintech lets you do just that.
For example, digital wallets like Skrill now make it easy for traders to move money at short notice. You can use your Skrill wallet across multiple forex platforms, which saves time switching between different accounts.
Mobile trading has also increased the speed at which people move money. Smartphone apps allow you to trade on-the-go and react to uplifts and downturns as they happen.
You’re alerted to sudden changes
Trade alerts, trending news, up-to-the-minute data – all are at the fingertips of traders thanks to technology. Being always in-the-know doesn’t remove the risk of trading currency online, but it helps people feel in control.
What's more, instant access to market insights makes a trade more thrilling. Now, you can track the performance of your investment in real-time.