Mobile Trading

My pet peeves about CMC Mobile MarketMaker; no charting facility is a big downside as well as weak mobile phone reception: CMC Mobile MarketMaker is a smart innovation by CMC Markets the giant CFD provider. I say "smart" because this tool 'helps' traders with their business of trading and also 'helps' CMC Markets' bottom line. Although CMC Markets Mobile software is practical and useful, as a trader you are simply introducing yet another trading risk if you choose to trade with this tool which is widely available for GPRS enabled mobile phones.

I think this piece of software is a very smart move on behalf of CMC markets, probably the biggest CFD provider in the world. Personally, I think Mobile Market Maker is simply another route of temptation to overtrade. And when you overtrade – who wins? The broker, CMC Markets of course. Others may argue it is a win-win situation since CMC Markets practically invested their efforts in this mobile phone software so traders can trade wherever they want whenever they want.