Interactive Brokers adds Options Wizard to GlobalTrader mobile app
Electronic trading major Interactive Brokers has added Options Wizard to its GlobalTrader mobile app.
The tool will be of use to those traders who are interested in trading options but are not sure where to start. Enter your outlook on the future of the underlying’s price movement and the wizard presents some standard strategies that you can filter by aggressiveness, Probability of Profit, Max Gain and more.
Interactive Brokers has recently introduced option trading in GlobalTrader.
Those willing to trade options should go to the Quote Details window and tap Options. Traders can use the easy to use but powerful features to select Expiries, Buy/Sell and Calls/Puts. Tap a strike price to explore an option further, create an order, or add a leg to a strategy.
IBKR GlobalTrader, a simple mobile trading application for investors to trade stocks around the world, was officially introduced in March 2022. With a streamlined design, the app is easy for novice investors to use, and powerful enough for experienced stock traders.
Investors can open an account in minutes and start trading stocks on over 80 stock exchanges in North America, Europe and Asia. Investors trading with IBKR GlobalTrader benefit from Interactive Brokers’ global expertise.
Developed specifically for global investors, IBKR GlobalTrader conveniently lets investors make deposits in up to 23 different currencies. These deposits are automatically converted at interbank rates into the currency needed to buy and sell stocks across markets and geographies. For investors seeking global diversification but unsure of what to invest in, the IBKR GlobalAnalyst scanner helps investors identify investment opportunities worldwide. Investors can then use the IBKR GlobalTrader app to quickly take advantage of them.