The Barclays Stockbroker CFD/FST app lets you trade on the move using Contact for Difference (CFD) and Financial Spread Tracking (FST) trading (e.g. leveraged trades in which you can go long or short on a market, specific share price, or other financial instrument). The app allows you to monitor the latest share prices and market movements, research prices via real-time charts, execute trades, view trading history, and view / amend multiple watch lists.

The Barclays Stockbroker app is actually a rebranded version of the recently released City Index and IFX apps, a result of Barclays Stockbrokers white labelling City Index Group's trading service. While the City Index brand will likely be familiar to those who dabble in the stock market, the Barclays brand, thanks to its high street brankches and banking services, is better known amongst the general public.

The mobile app is Windows Phone client for a web based service, although it is possible to sign up from and do all your trading from the mobile app. The app currently only supports trading for certain regions (currently UK, Australia, Singapore, Poland, Germany, Israel, and Hungary) and you will need a Barclays Stockbroker CFD/FST account in order to use the app.

CFD / FST trading uses derivative products that allows you to trade on live market price movements without actually owning the underlying instrument on which your contract is based and, as a result, no stamp duty (tax) is payable on trades (in the UK at least). Such trading can be used to hedge against losses in an existing share portfolio, but can also be used to start trading with relatively small amounts of capital.

CFDs are traded on leverage, meaning you only pay a small amount of the total trade value to open a position (known as margin). Potentially this means you can magnify your return on investment (typically a deposit equal to a margin of 5% is needed), but it's very important to note that potential losses will be magnified in the same way as potential profits. City Index advise that those looking to trade should "ensure they fully understand the risks involved and seek independent advice if necessary".

Windows Phone Store description:

The Barclays Stockbrokers CFD and Financial Spread Trading app allows you to:

• Trade on the move
• Check the latest prices and market movements instantly
• Trade, place and amend orders
• Research prices through real-time charts in the palm of your hand
• View and amend multiple Watch Lists
• Review trade and order history
• Be confident that all your information and transactions are secure

For more information, please visit www.barclaysstockbrokers.co.uk

Barclays Stockbroker CFD/FST can be downloaded from the Windows Phone Store free. The is available for both Windows Phone 7.5 and Windows Phone 8.