Smart money
Best financial apps for iPhones. Find them in the apps section of your Apple iTunes store.
BlackGold
As crude oil and petrol prices reach new highs, you need a specialised app to keep up with fluctuating prices and volatile markets. BlackGold gives you updates and charts for five basic groups: crude oil, petrol, gold, silver, natural gas and heating oil. Charting functions include intraday, long-term charts and overlays of trading indicators, statistics and bands.
Risk Manager Mobile
Should you risk all of your money on a single, hot trade? Effective risk management is an important investment discipline, and this app helps you practise it by determining the right position size each time you trade stocks. It is easy for private investors to understand, as it uses a straightforward method ('the 1 per cent rule') and easy-to- understand presentation. Input your risk per trade, capital at risk, starting and stop loss price and target price and Risk Manager Mobile will calculate the recommended size of your trade and estimate your profit and loss
PortfolioLive
Users rate it as one of the most useful stock quote and portfolio management apps covering US-listed companies along with support for dozens of international exchanges. The developers claim they have fastest and most stable stock quote engine for the iPhone with real-time data where available. Key features include multiple portfolio management with full trading capabilities. Screen layouts and an integrated financial news reader are easy to read and easily customised. Charting tools can also be modified to suit your needs using many templates. Multiple currency support with daily updating of rates can be applied through all portfolios.
