New features of Interactive Brokers’, mobile app for traders

Newly-added section “Performance Details” for options and spreads became a useful feature for traders who use the application from Interactive Brokers Group, Inc. (NASDAQ:IBKR). This update is an important component for those who would like to keep analytics.

It allows traders to work with Return-to-Risk Ratio, Profit Probability, Delta, Max Return, Max Loss and other attributes of abovementioned instruments. After enabling this section, it will be permanently displayed on the Instrument Details screen.

We also have to mention the previous update of the application. It featured important changes to app’s security namely both IB TWS for Mobile and the IB Key security protocols. These features are effective for trading and for account management of traders. Moreover, developers implemented two-factor authentication because safety and account protection have paramount importance for professional traders.

Another additional feature is about creating spread templates and it is available for all Android devices. Using this template allows traders to analyze and compare spreads, choosing the best suitable option, to analyze bids/asks and much more. Spread Template features are irreplaceable if you would like to manage all available proposals, compare them and choose the best trading strategy. Display of all key information is user-friendly and makes it easier to work with complex multi-leg spread.

To sum up, we have to admit that the IBKR application is a reasonable choice for professional traders who want to control each operation and dig deep with analytics.