In recent years, the popularity of trading in the commodity market has increased substantially. With the advent of mobile technology, traders now have the convenience of accessing trading platforms through various mobile applications available on Android devices. Among the plethora of options available, finding the best app for trading in the Multi Commodity Exchange (MCX) can be a daunting task. In this article, we will explore the features to consider when selecting the best MCX app for Android.
We have compiled a list of 5 Best Mcx App For Android for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
Contents
5 Best Mcx App For Android
1. Commodity Prices
The app serves as an informative resource for individuals interested in commodity prices. It provides real-time quotes for top energy, metals, grains, and livestock commodities futures. The stock market quotes are categorized, with each category featuring a list of goods presented in the form of cards. Each card has its own menu with options, such as the Details option, which provides information about commodity prices and trading, such as ask, bid, high, low, volume, and more, all in real time. Additionally, there is a fully interactive historical stock chart showing data up to 6 months. Another option is the Chain feature, which shows the list of futures for the selected product, with each list item able to be opened for a detailed overview.
The list of goods available includes Energy commodities like WTI Crude Oil, Brent, Heating Oil, RBOB Gasoline, and Natural Gas futures, Metals like Gold, Silver, Platinum, Palladium, and Copper, Grains like Corn, Oats, Rough Rice, Soybean Meal, Soybean Oil, and Soybeans, Livestock like Feeder Cattle, Lean Hogs, and Live Cattle, and Softs like Cocoa, Coffee, Cotton, Lumber, Orange Juice, and Sugar. The exchanges available include NYMEX, CBOT, CMEX, NYB, and CME.
2. Commodities Market Prices
The commodity tracking app allows users to monitor various commodities in one convenient location. The app supports major commodity exchanges and displays different commodities in separate sections such as Energy, Grain, Metals, Softs, Livestocks, and Indices. Users can customize their own list by adding or removing commodity scripts and indices.
The app offers a feature to view full script details for a particular commodity, including open, close, range, and exchange information. Additionally, users can view full screen charts for different durations such as daily or weekly. The app also supports different expiry months and future contracts for up to a year.
For any issues or help with the app, users can contact the developer at codeandro@gmail.com.
3. Commodity Price Online
Commodity Spy is a market tracking app designed for farmers and professional commodities traders. It enables users to track prices and positions of various commodities and receive alerts for any relevant changes. The application focuses solely on current data tracking and does not provide historical data.
One of the key features of Commodity Spy is the ability to set different types of alerts and filters. Users can set alerts for when a commodity’s price increases or decreases by a set amount of time, for tracking price fluctuations, and for commodities that fall outside their range of interest.
Commodity Spy currently offers tracking for several commodities, including Brent Crude Oil Spot, EUR/USD Spot, EUR/CAN Sot, Rapeseed, Milling Wheat, Corn, Wheat, Soybean, Corn, and Soybean Meal. In the near future, the app plans to include more commodities such as Nitrogen Fertiliser Solution UAN 30 Futures, Skimmed Milk Powder Futures, and several others.
The app is ideal for farmers, agronomists, and traders who are trading stocks, commodities, or are looking into future exchange. Users have access to free real-time quotations on the future of energy, metals, grains, and livestock commodities.
Commodity Spy aims to provide a comprehensive list of goods, categorized by energy, metals, grains, livestock, and softs, in the near future.
4. MCX App
MCX is an electronic commodity futures exchange in India that is nationally listed and has permanent recognition from the Government of India. The exchange currently holds a 90% market share and offers fair price discovery and price risk management to the Indian commodity market ecosystem. Commodity trading is conducted across various segments, including bullion, energy, metals, and agri commodities. MCX has established strategic partnerships with several international exchanges, as well as Indian and international trade associations. For additional information regarding MCX and its products, please visit www.mcxindia.com. The Exchange has recently launched its mobile application, MCX App., which enables users to track commodity movements.
The MCX App. presents several features, including Market Data, Top Gainers & Losers, Graph, and Get Quote, to monitor commodity movements.
5. Market Pulse: Traders Superapp
Market Pulse is a share market superapp that provides users with a range of tools for analyzing, learning, and thriving in the markets. The app offers real-time tracking of MCX live commodities’ prices and NSE India stocks, as well as advanced watchlists and charting tools. Users can draw trendlines and Fibonacci retracements, create multiple watchlists, and set real-time alerts based on their trading strategies. Additionally, Market Pulse offers a stock scanner, market news, FNO analysis tools, economic events, and curated content to help users build their knowledge of technical analysis.
The app is designed to help traders make quick, intelligent decisions by providing them with reliable intelligence and real-time data. Market Pulse offers India’s most comprehensive market analysis tools, all in one place. Users can take their analysis to the next level with advanced charting tools, scanning hundreds of stocks within seconds, and easy analysis of candlestick patterns. Furthermore, the app provides an effective trading strategy system that sends smart alerts when trade entry requirements are met.
Market Pulse has recently introduced several new features. Users can now edit technical indicator values, choose from 100 vibrant shades to color their technical indicators, and plot multiple values of overlay and pane indicators. The My Plots menu lets users glance through all their technical indicators and candlestick patterns plotted in a single view. Additionally, users can watch live TV in a picture-in-picture mode while analyzing the markets.