IPhone Spread Betting Increasing In Popularity
The spread betting market continues to gain popularity and keeps reaching record levels of market activity with the latest development being mobile spread trading; in particular iphone spread betting. Although things are a bit different than for conventional shares or forex trading, the principles are pretty much the same. Once has to rely on the rise or fall of asset like currencies, shares, indices, sports or industries but you do not really buy or sell currencies. The mobile phone industry started to make a foothold in the spread betting market just about 5 years ago when IG Index developed a handset application. However, in those early years the functionality of the mobile trading interface was very limited, hampered by technology, low bandwidths and naturally small screens. Now we get challenging advance mobile gadgets produced by top manufacturers. Now leading the charge are the gadgets from Iphone, the Blackberry and the Google androd. It is not hard how all this is changing the mobile phones marketplace, since the bulk of the new mobile phones are now ‘smart’ small computers. About 85 percent of the new models come with a touch screen pad and an advanced operating system.
A year ago, spread betting application gained much popularity with launch of City index for iphone. Companies which used spread betting realized the demand for mobile and followed it.Today, IG Index, CMC Markets, Capital Spreads, GFT, and ETX Capital have all launched iphone spread trading applications. Google Android was the powerful opponent of iPhone. In the mobile phones world, Google announced as everyone expected a phone.However, the announcement referred to more than that – an open source operating system called Android. Using Android the first phone was not really a boom but sales were good.In time, there were more brands who decided to implement this system for their phones, such as Motorola or HTC. The market was not much good; there are rumors that Google will soon come out with a full service phone.iPhone shall be soon replaced by Android trading application, which is now used by IG Index.
Competition will come to an end when the new iphone 4 breaks the record. It seems 2010 was the year of Apple, but the year is almost over. A while ago, the powers at Microsoft framed up the funeral of the iPhone and Apple, leaving the impression that the competition will be buried by the new operating system Windows Phone 7. The event marked the completion of this innovative operating system, considered to be the only chance for Microsoft to take back some of the land lost to Apple and Google. It was found that Windows Mobile 7 launched in October was already implemented by Samsung and HTC. Spread betting providers faced a fierce pricing competition, which will stand idle and are to with the new technology.
Mobile spread trading may be the year for 2011. All the major announcements and projects come to sustain this. Insufficiency of funds make many companies less competitive with the other companies who have already developed mobile trading applications and are using spread betting.Android, Windows Mobile 7 and Blackberry still holds competition with iPhone.Definitely, iPhone will hold control on the market with much market.Will it be City Index or CMC Markets or IG index will have more financial resources.?
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