Forex app, forex app.

Forex app


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Forex app, forex app.


Forex app, forex app.


Forex app, forex app.


FOREX.Com mobile


Seize the markets from anywhere


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Trade the markets with precision


A variety of advanced order types, the ability to partially close positions and FOREX.Com's exceptional execution help you get the price you want, even on the go.


Stay on top of price action

Quickly view and take action on the most popular markets or build custom watchlists to track and monitor the markets most important to you.


Get notified when your orders trigger


Stay informed of market moves

Take advantage of integrated reuters news, FOREX.Com market analysis and our economic calendar.


Access integrated market analysis, reuters news & a full economic calendar


Manage your account activity

Track open positions, review your trade history, check account balances, get price alerts and more.


Choose between light and dark themes


Fund your account

Stay on top of your balances and easily deposit funds when you need them.


Personalise full-screen charts & analyse markets your way


Trade the markets with precision

Stay on top of price action


Stay informed of market moves


Manage your account activity


Fund your account


Advanced charts by tradingview



  • 10+ chart types including candlesticks, lines and bars

  • 14 timeframes ranging from one minute to one month

  • 60+ technical indicators and drawing tools

  • Ability to save charting preferences and templates for future use

  • Trade and manage orders from the charts

  • Overlay multiple markets using the compare feature



Trade the global markets, your way


Advanced trading


Web trading


The FOREX.Com advantage


Trade with confidence and benefit from the reliability of a trusted broker with a proven record of stability, security and strength.


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Advanced desktop platform


Web trading


Control your trading experience


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Maximum performance


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Professional charting


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Market news & analysis


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Mobile solutions


Don’t have an account? Test drive our platforms with a risk-free demo account.


Try a demo account


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  1. SCOPE OF THIS AGREEMENT. This end-user license agreement is made between GAIN capital group, LLC ("company") and you ("user") governing your installation and use of the forextrader ("software") by completing the registration process to open and hold a foreign currency trading account with company. This agreement protects both the installation and usage of the software and any and all associated software components, media, user guides, and training or education materials, whether in electronic or paper form (collectively the "software product") entered into when you complete the registration process to open said account with company.




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GENERAL DISCLAIMERS. Foreign exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. You should make sure that you understand the risks involved, seeking independent advice if necessary. Increasing leverage increases risk. Contracts for difference (cfds) and spot commodities are not available for US residents. Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. Moreover, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders. There are risks associated with using an internet-based trading system including, but not limited to, the failure of hardware, software, and internet connection. FOREX.Com is not responsible for communication failures or delays when trading via the internet. FOREX.Com employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.


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The charts, data, information, reference to any events or trends and opinions in this report are for general information use or illustrative purposes only and are not intended as an offer or solicitation to any product offered. There is no guarantee that any event or trend is likely to be repeated or that profits will be or are likely to be achieved. FOREX.Com is not rendering investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all these matters.


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  8. Entire agreement. This agreement constitutes the complete and exclusive statement of the agreement between the parties with respect to the software/service and supersedes any and all prior or contemporaneous communications, representations, statements and understandings, whether oral or written, between the parties concerning the software/service.






Download metatrader 4



Download metatrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets. During the first launch, you will be prompted to open a free demo account allowing you to test all the features of the trading platform.


Features of metatrader 4



  • Powerful trading system with support for 3 execution modes and 8 order types

  • Unlimited number of charts and 50+ analytical tools

  • Algorithmic trading, expert advisors and MQL4 IDE

  • Metatrader market where you can buy indicators and trading robots

  • Trading signals allowing you to copy deals of other traders

  • News and alerts informing you of the important market events


Trade forex with the most popular and powerful trading platform.


Metatrader 4 iphone/ipad


Millions of traders have already chosen metatrader 4 ipad/iphone to work in the financial markets anytime and anywhere.



  • Access to forex from anywhere in the world 24 hours a day

  • Connection to 2 000+ broker servers

  • 30 popular technical indicators and 24 analytical objects

  • Full-featured trading system: 2 execution modes and 4 order types

  • Real-time symbol quotes

  • Up to 10 open charts opened simultaneously

  • Financial news

  • Email and chat



Metatrader 4 can now be placed in your pocket allowing you to trade forex at any time!


Metatrader 4 android


There are numerous android powered smartphones and tablets, and any of them can be used to trade forex via metatrader 4



  • Round-the-clock access to the market

  • Connection to 2 000+ broker servers

  • 30 technical indicators and 24 analytical objects

  • Full-featured trading system: 2 execution modes and 4 order types

  • Real-time symbol quotes

  • 3 chart types and 9 timeframes (periods)



Download metatrader 4 android and manage your trading account wherever you are and whatever you do!



Best forex trading app of 2021: trade and invest on your android or iphone


What are the best forex trading apps to trade from your smartphone?


Best forex trading app


The best forex trading apps have become increasingly accessible through the use of apps for mobile devices, such as smartphones and tablets.


This is especially useful when, in today’s interconnected world, the foreign exchange market plays an important role in daily business. It’s a global, decentralized environment where financial institutions and businesses can trade currencies.


According to research from the bank for international settlements, forex trading generates an estimated $5.3 trillion daily - making it larger than other financial markets. Often, it’s dominated by large international banks and corporations, which work around the clock to trade and convert international currencies.


Forex trading also underpins international trade and investments. For instance, if american companies want to import goods from a country in europe, they’ll most likely need to complete transactions in euros. Through forex, these firms can exchange dollars for euros quickly and easily.


As well as enabling trade between countries, forex trading is a lucrative investment opportunity. Every day, companies and investors make billions by purchasing and trading currencies. However, it does take a significant amount of experience and skills to make forex trading work.


That’s where forex trading platforms comes into the picture, automating this common business practice. Essentially, these will search through the market for the best currency trading opportunities. And in this article, we’ve picked out the best forex trading platforms around.



Best forex trading apps 2021


Forex traders need to have constant access to trading accounts and market news to take advantage of unexpected opportunities. Mobile apps are the best way to keep trading when on the move, but mobile trading also has its downsides.


To make this list of the best forex trading apps, we have included the apps that best capture the desktop trading experience. This includes advanced charts, news feeds and live market data.



  • Avatrade - best forex trading app

  • FXTM - best app for automated trading

  • XM - fastest execution speed

  • Hotforex - best app for forex analysis

  • Etoro - best app for social traders

  • Marketsx - most instruments to trade

  • Plus500 - best for non-forex cfds

  • XTB - best regulated forex broker



Best forex trading apps 2021


Last updated on 8 dec 2020

Updated 8 dec 2020

All brokers regulated

All brokers regulated

AvaTrade


With over 200,000 active traders around the globe on the MT4, MT5, and avago platforms, and the award for best trade execution 2016 by the african finance expo, avatrade is a good partner for all types of trader. Avatrade has built its reputation on being a client-focused, dependable broker, and continues to add to that reputation with the recent addition of avaprotect to its product lineup.


With great trading conditions across forex, commodities, cryptocurrencies, etfs, bonds, and equities and boasting FSCA and ASIC regulation, avatrade is competitive with some of the best brokers in the world.


FXTM


FXTM is regulated by the FCA, cysec and the FSCA in south africa and the educational material offered is first-class. By keeping the focus on beginners looking for reasonable trading conditions, the FXTM team of educators and analysts have succeeded in creating a welcoming environment for new traders. Additionally, FXTM are one of the few brokers with 24/7 support, allowing new traders to get set up on weekends or holidays.


For the absolute beginner, FXTM has a great deal of training material to help new traders get started. Materials include articles, videos, webinars and a searchable glossary of new vocabulary. This is an excellent resource and many hours can be spent covering the basics of forex trading. There is an additional set of videos that cover analysis topics, and more detail on chart reading techniques.


FXTM has an open вђњdaily market analysisвђќ section on their website where research analysts post bulletins that connect daily news items with analysis and actionable trading ideas. This can be combined with other sources to achieve a more comprehensive view of global events and the trading opportunities they represent.


The standard account has a minimum deposit of 100 USD and spreads start at 1.3 pips. FXTM also offers a cent account where the minimum deposit if only 10 USD but the spreads will be wider. If you can afford it, I would recommend starting with the standard account.



Download metatrader 4



Download metatrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets. During the first launch, you will be prompted to open a free demo account allowing you to test all the features of the trading platform.


Features of metatrader 4



  • Powerful trading system with support for 3 execution modes and 8 order types

  • Unlimited number of charts and 50+ analytical tools

  • Algorithmic trading, expert advisors and MQL4 IDE

  • Metatrader market where you can buy indicators and trading robots

  • Trading signals allowing you to copy deals of other traders

  • News and alerts informing you of the important market events


Trade forex with the most popular and powerful trading platform.


Metatrader 4 iphone/ipad


Millions of traders have already chosen metatrader 4 ipad/iphone to work in the financial markets anytime and anywhere.



  • Access to forex from anywhere in the world 24 hours a day

  • Connection to 2 000+ broker servers

  • 30 popular technical indicators and 24 analytical objects

  • Full-featured trading system: 2 execution modes and 4 order types

  • Real-time symbol quotes

  • Up to 10 open charts opened simultaneously

  • Financial news

  • Email and chat



Metatrader 4 can now be placed in your pocket allowing you to trade forex at any time!


Metatrader 4 android


There are numerous android powered smartphones and tablets, and any of them can be used to trade forex via metatrader 4



  • Round-the-clock access to the market

  • Connection to 2 000+ broker servers

  • 30 technical indicators and 24 analytical objects

  • Full-featured trading system: 2 execution modes and 4 order types

  • Real-time symbol quotes

  • 3 chart types and 9 timeframes (periods)



Download metatrader 4 android and manage your trading account wherever you are and whatever you do!



Top 4 apps for forex traders


Active currency traders like to have access to market news, quotes, charts, and their trading accounts at their fingertips at all times. This has made smartphone software applications extremely popular with forex traders.


Key takeaways



  • Trading forex has never been easier for individuals, and with many platforms now offering real-time trading through fully-functional mobile apps you can trade on the go.

  • Because of its popularity, app-based trading is now offered by most forex brokers - even if you don't have an account already set up with their main platform.

  • Here we look at just four stand-outs for mobile forex trading.


Forex mobile apps


The major currency pairs traded in the forex market are active, often volatile, event-driven, and, therefore, very vulnerable to economic news announcements that occur throughout the regular 24-hour trading day.


More than $5 trillion


The amount that is traded on the forex market every day.  


Nearly all forex brokers offer mobile applications, and some of the individual broker apps are so popular that traders who don't have accounts with the broker still use its apps. Other popular forex trading apps offer free and easy access to news, price quotes, and charting.


Netdania stock and forex trader


Netdania stock and forex trader is one the highest-rated and most popular apps used by forex traders because of its ease of use and versatility. The app provides up-to-the-minute forex interbank rates and access to real-time price quotes on stocks and commodities, such as gold and silver—more than 20,000 financial instruments in all.  


In addition, the app offers live, streaming charts and the latest market news from fxwirepro and market news international. It also allows traders to set price or trendline alerts on specific currency pairs, stocks, or commodities, and to customize the menu to suit their personal desires for news and price quotes. The app is available for iphone and android smartphones.


Trade interceptor


Trade interceptor is another popular trading app available for iphone and android users. The app provides traders with a host of options, including the ability to trade currency pairs, binary options, and commodity futures through a choice of forex brokers. The interface offers analysis and technical trading tools, including nearly 100 technical chart indicators.


Trade interceptor also provides access to live, streaming price quotes and price charts, including the latest bitcoin prices. Traders can set alerts for price levels or news releases, and the app provides access to the daily economic news calendar and real-time market news. There is also a feature that allows traders to do simulated trading and backtest trading strategies using historical price data.


Bloomberg business mobile app


Bloomberg offers a number of mobile applications for iphone and android, but access to some of these apps requires that the users have current subscriptions to bloomberg services. However, even its basic business mobile app is more than sufficient for most traders whose primary interest is real-time access to the latest market news.


The app offers access to global financial markets and business news, market price data, and portfolio tracking tools. The menu is customizable, and the app's watchlist feature lets traders track and analyze their current market positions in currencies, commodities, stocks, mutual funds, and exchange-traded funds (etfs) with charts and information summaries. Users can also watch bloomberg TV live through a streaming video feed.


Thinkorswim mobile


One of the most popular trading apps provided by a broker is TD ameritrade's thinkorswim mobile, a full-service trading platform application. Thinkorswim allows TD ameritrade clients to trade currencies, options, futures, and stocks with an easy-to-use, on-screen interface. Users can access live, streaming charts that they can load with common technical indicators or even chart study tools that the user has created for themselves.


For up-to-the-minute business and financial market news, users can access live, streaming CNBC broadcasts. Active traders can use the thinkorswim mobile app to monitor their positions, orders and accounts, make account deposits, and modify trading orders or alerts through their smartphones. The mytrade community feature lets users connect and communicate with fellow traders. Additionally, investors can test out their trading strategies with the papermoney trading simulator feature on thinkorswim mobile.



Forex trading apps


The best forex trading apps can make a huge difference to your trading performance in 2021. Whether you need a forex app on android, iphone (ios) or another platform, or you want forex signals, a demo account for practise and simulation or full FX charts on the go – our review of forex trading applications has got you covered.


In a world where everything is interconnected, the foreign exchange market is a pivotal component of day-to-day business. It is a multi-national, decentralised market in which currencies can be traded by financial institutions and businesses.


Top forex trading apps


Plus500 have developed their mobile apps to match the webtrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.


Plus500 have developed their mobile apps to match the webtrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.


Running alongside the advanced and webtrader platforms, the forex.Com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.


Running alongside the advanced and webtrader platforms, the forex.Com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.


IG offer a superb all-round trading app. One of the pioneers of mobile trading, the app has been developed and refined over many years, meaning it is now among the best trading apps, full stop. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.


IG offer a superb all-round trading app. One of the pioneers of mobile trading, the app has been developed and refined over many years, meaning it is now among the best trading apps, full stop. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.


IC markets deliver mobile apps for both their ctrader and MT5 platforms. Both have been developed on android and ios separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC markets is retained across their apps.


IC markets deliver mobile apps for both their ctrader and MT5 platforms. Both have been developed on android and ios separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC markets is retained across their apps.


XM deliver a mobile app for both android and ios that has been specifically tailored to each platform, maximising the functionality of both. The app delivers the metatrader 4 and 5 platforms in your hand, with full trading and charting capabilities. Try it out today.


XM deliver a mobile app for both android and ios that has been specifically tailored to each platform, maximising the functionality of both. The app delivers the metatrader 4 and 5 platforms in your hand, with full trading and charting capabilities. Try it out today.


IQ option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.


IQ option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.


Pepperstone deliver their metatrader4 and 5 platform across both android and ios. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the pepperstone mobile app is a powerful addition.


Pepperstone deliver their metatrader4 and 5 platform across both android and ios. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the pepperstone mobile app is a powerful addition.


FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both metatrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.


FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both metatrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.


Avatrade provide avatradego for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The avaprotect™ feature even adds another layer of risk protection. Download it today.


Avatrade provide avatradego for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The avaprotect™ feature even adds another layer of risk protection. Download it today.


Etoro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via android or ios. Trade the biggest global stocks from the palm of your hand.


Etoro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via android or ios. Trade the biggest global stocks from the palm of your hand.


Fusion deliver their unique, low cost MT5 platform on both android and ios. Both applications offer one click trading, customisable layouts, news and advanced charting. Accounts can be fully managed from the mobile app too.


Fusion deliver their unique, low cost MT5 platform on both android and ios. Both applications offer one click trading, customisable layouts, news and advanced charting. Accounts can be fully managed from the mobile app too.


Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritise this type of trader. The app offers 2100+ markets, zero commission and a free practise account. Download the app risk free and try it out.


Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritise this type of trader. The app offers 2100+ markets, zero commission and a free practise account. Download the app risk free and try it out.


Markets.Com operate marketsx – the bespoke platform, both on webtrader and mobile applications. The app, available on android and ios has been downloaded over a million times.


Markets.Com operate marketsx – the bespoke platform, both on webtrader and mobile applications. The app, available on android and ios has been downloaded over a million times.


The best tools


Every single day, companies and individual investors make billions through the purchasing and trading of currencies. The possibilities are huge, but it does take a substantial amount of skill and experience to be a truly lucrative forex trader.


There are so many things to consider, and so much knowledge to be applied as a trader, as well as a wealth of data to be analysed and interpreted.


This is where forex trading apps come into the frame, helping to make this common business activity accessible for all.


Forex trading apps are usually available free of charge, and can be downloaded on a range of platforms, from android and ios devices, to windows and blackberry.


They are specially designed to take advantage of the features of mobile devices and tablets so that you get a unique experience when using them. If you are a trader, or considering becoming one, you need to know that forex trading apps are an integral part of the modern trader’s daily life, so start exploring them if you haven’t already.


Forex brokers mobile trading app


Types of apps


Forex trading apps are available for a range of the activities required to be a successful forex trader.


Traders need to have a platform to interact with the markets, buying and selling currency pairs with the objective of making the biggest profits possible.


They may also need educational tools to learn their craft and continue their professional development for the long term.


Global news developments are important, because they have a huge impact on the value fluctuations of currencies all around the world.


The analysis of trends and statistics is also absolutely essential, with the thoughts and advice of experts and peers needed to help give insights and perspective on everything that happens.


When deciding on the ‘best’ forex app, each trader will need to identify the most important features for their own trading.


Trading apps


These are the bread and butter of the mobile forex trader. Whatever broker you work with, and whatever platform you use, it is almost guaranteed that you will be able to trade forex on mobile devices.


The trading experience on mobile is not always as fully-featured or effective as the desktop version, but it can be very useful for keeping track of your positions and closing out trades.


The vast majority of modern traders will make use of mobile trading apps, but the professionals will focus their main trading work on desktop devices. Nevertheless, there are those who only trade through mobile platforms, and every broker will offer them to accommodate the needs of different types of trader.


Analysis apps


These are a popular resource for mobile devices, and may be used even more than trading apps.


When you are actively trading, you will need to be paying attention to your trading strategy. This involves running through analysis and checking charts to develop different approaches to the market, and all the good work you do on your mobile can be put to use when you get back to your desk.


These are invaluable tools, and many of them are just as good as anything you will find for your desktop.


Apps have advanced features and can be very easy to interact with thanks to the way mobile devices work, so it’s no surprise they have become the primary source of market analysis for many modern traders.


Market news / event calendar


It is always useful to stay abreast of all the news that is relevant to the forex market, whether you are at your desk or on the move.


By keeping a watchful eye on live data feeds and key market news, particularly if you have an open trade in progress, you can make informed decisions and strategise more effectively.


Generic news apps often have sections for economic or financial news bulletins, but apps which are specially designed for this type of news are likely to have more features for you to sink your teeth into.


They also offer more in-depth and comprehensive news, and may even incorporate analysis alongside news to help you interpret the latest developments.


Demo or practise apps


The majority of traders who are just starting out are trading around their day job. This means they simply don’t have enough hours in the day to sit at the desktop honing their trading skills. Apps designed for beginners include things like live demo accounts with dynamic markets that can be interacted with on your mobile phone. They also involve comprehensive market tutorials and plenty of other materials to keep learners busy and educate them as they travel.


App platforms


Mobile apps are often developed for all major types of device, so android, ios, windows and blackberry. The best apps will make full use of the features available on each platform.


Beyond the device itself however, there are also different trading platforms themselves:


Metatrader 4 (MT4)


Metatrader 4 was the most popular forex platform for most traders until pretty recently. It set the standard for charting and analysis in particular. Traders could develop their own tools and were also secure in the knowledge, that the broker – while having integrations, did not operate (or have power within) the platform.


Metatrader 5 (MT5)


The next iteration of this powerful platform – metatrader 5 – has arrived and while it took a while to happen, many brokers now offer MT5 integration in place of (or as well as) MT4.


Bespoke platforms


Many brokers develop their own trading platform, both on websites and mobile. This gives them to freedom to create exactly what traders want. The downside of course, is that brokers also create apps for what they want – which is for traders to trade as often as possible.


It is a trade-off worth making, as many of these in-house apps are feature rich, configurable and easy to use. Many brands will also offer both an in-house platform, and MT4 and MT5 options. The best of both worlds for traders.


Benefits of using A forex app


The convenience of mobile devices and their apps is the number one feature that app developers seek to tap into, so it is no surprise that forex brokers and other institutions now offer apps to deliver that same convenience. With this in mind, here are some of the main benefits of forex trading apps:



  • Convenience – as we have mentioned, forex trading apps make being a trader far more convenient. In the past, traders could only engage with the market from the office. They could only follow the latest news by scouring the newspapers and watching the television. They could only explore and analyse data by sitting at their desktop. And they could only get advice and analysis by making contacts and checking in with them regularly. All of these functions can be performed by a small selection of mobile apps – in some cases, a single mobile app can perform all these functions.

  • Mobility – not only do forex trading apps make it more convenient to access everything you need as a trader, they also enable you to do it on-the-move. You no longer have to be at your desk or in the office to work – you can keep your finger on the pulse of the markets wherever you are, whatever you’re doing. This is an empowering feature of these apps, making it easier than ever before to be a forex trader.

  • Speed – traders can no react immediately when they see opportunities.



Disadvantages to mobile forex trading


There are many advantages to using mobile apps for your trading work, but it’s important to note the disadvantages too. If you wish to be successful as a forex trader, it is unlikely you will be able to reach your full potential through mobile apps alone. Here are some of the issues traders encounter when working through their mobile device:



  • Screen size – with such a small screen to work from, you’ll feel this limitation. Many traders work with twin desktops, displaying multiple charts and holding several positions concurrently. This simply isn’t possible on a mobile device – even one with a larger screen size.

  • Distractions – mobile devices are designed to give you notifications and enable people to contact you. If you are messaging people and checking social media whilst trading, your focus is divided and you run the risk of making grave errors. If you are using a mobile device to trade, try to minimise the distractions.

  • Execution speed – you won’t be using your mobile device for fast, straight-through processing (STP) trading. The speed of mobile networks is always improving, but there is always latency when compared to trading on your desktop. Furthermore, the general stability of mobile apps makes it a risky thing to do.

  • Over-trading – often, the best move as a trader is to do nothing. The convenience of mobile trading apps can put you at risk of trading too often, taking risks you may not take at your desk. Discipline is key for good trading.



It’s important to use your mobile trading apps in a way that works best. Be cautious about the things listed above, and fit your trading app into your routine.


Demo accounts


If you are considering investing in the stock market, but you don’t feel you have the skills or confidence to dive in yet, then a good practice platform can be a great help.


You will want an app which offers a quality virtual trading experience based on real market data. Learning by doing is the best method of training.


This will enable you to gain valuable experience, build a strong knowledge-base, and get insights into how the trading experience works.


Most brokers will offer demo accounts via their app, and the look and feel will mirror the full trading platform entirely


For the most valuable educational experience, look for an app with a comprehensive feature list. This includes:



  • Covering a large number of assets and markets

  • Supporting stop-loss and limit orders

  • The ability to build a portfolio

  • Advanced charting



Investing news is also available in some apps, along with things like business magazines, in order to provide more in-depth guidance. Multiple graphical interface themes are a nice touch, enabling users to personalise their experience and feel more immersed in the whole process.


Best forex trading apps


The best trading apps will offer a range of features. Each trader may value different things, but when comparing apps there are a huge range of things to consider:



  • Execution speed

  • Platform layout (usability)

  • Security

  • Full version (does the mobile app match the website in all functionality)

  • Deposit and withdrawals

  • Charting / drawing

  • Reliable (no crashes or glitches)

  • Support via the app

  • Well maintained (by the developer)

  • Full range of markets



Other factors might come into play for you personally, but there are some basic level features that every app should delivery.


Analysis tools


When looking for a forex trading analysis tool, you want something that has advanced features that will work for professionals. Mobile apps are superb on this front, helping traders to track the leading currencies and stocks to invest in.


You want a wide range of chart types, intelligence indicators and drawing tools to give you full control over your analysis.


Many analysis tools that made a name for themselves on desktop are now available in mobile app form. They will integrate touch controls brilliantly, and offer split-screen modes to let you observe two or more markets simultaneously.


Modern forex analysis apps will be powered by the cloud, which enables you to access trade data, analysis tools and price alerts wherever you are. They will provide streaming quotes that cover major forex trading, indices, cryptocurrencies, commodities and precious metals. And they will deliver their analysis on all the world’s major markets.


Look out for additional built-in trading tools, such as:



  • Data release alerts

  • Economic calendars

  • Trading simulators

  • Risk scanners

  • Intelligence reports



Look out for extra trust marks like authorisation and regulation by leading finance regulators like the FCA in the UK and the ASIC in australia. These things should guarantee that the information presented is accurate and reliable because the software provider has accountability if they mislead or attempt to manipulate anything in the market.


News / event calendar


News, particularly economic news, will often drive forex prices.


Many apps will deliver an events calendar that will list economic announcements like central bank rate setting meetings or notable figures and reports being released.


While many view this as a ‘nice to have’ feature, it can be invaluable to ensure traders are not caught out by a sharp move after a news release.


What app do forex traders use?


There is no single app that forex traders prefer. A trading app choice will normally come down to a range of factors, such as trading costs, speed and reliability.


The most popular apps however (based on downloads) are trading212 (5.5m), plus500 (5m) and markets.Com (1m)


Which is the best app for beginners?


Beginners should almost certainly head for the forex trading apps that offer a demo or virtual account see list. These practise accounts require no deposit and beginners can learn how to trade without risking any real money.


Once they have gained confidence, traders can open a real money account via the same app, knowing the platform will remain exactly the same.


Can I open A forex account from an app?


Yes. Almost every forex trading app will allow traders to open an account directly from the application.


How does A demo forex trading account work?


Most demo forex apps operate in exactly the same way as the ‘real money’ platform. They give traders a starting balance of ‘virtual funds’. Traders can then make trades with that virtual money, opening and closing trades using any system or style they want to. If trades show a profit, the virtual balance will grow, but losses will reduce their balance – just like a real account.


While there are psychological differences between trading with virtual money, compared to real money – it remains the best way to learn how to make trades.


Are trading apps free?


Brokers do not make any charges for downloading or using their apps. Trading costs, whether via commission or spreads, will be the same on apps as they are on the full online trading platforms.



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