Trade Forex from your smartphone or tablet!
MetaTrader 4 (MT4) is the world's most popular Forex trading platform. Choose from hundreds of brokers and thousands of servers to trade using your MetaTrader (MT4) 4 Android app. Control your account, trade and analyze the Forex market using technical indicators and graphical objects.
Risk Warning: Our programs may involve real trading with a high risk of losing money rapidly. Most retail investor accounts lose money when trading financial products. You should consider whether you understand how various financial products work and whether you can afford to take the high risk of losing money.
TRADING
* Real-time quotes of Forex market
* Full set of trade orders, including pending orders
* All types of trade execution
* Detailed online trading history
ADVANCED TRADING
* Fast switching between financial instruments on charts
* Sound notifications assisting trading
* Customizable Forex chart color schemes
* Trade levels visualizing the prices of pending orders, as well as SL and TP values on the chart
* Free financial news — dozens of materials daily
* Chat with any registered eunic-brussels.euity trader
* Support of push notifications from the desktop MetaTrader 4 (MT4) platform and eunic-brussels.euity services
* Connection with hundreds of Forex Brokers
TECHNICAL ANALYSIS
* Interactive real-time Forex charts with zoom and scroll options
* 30 of the most popular technical indicators among traders
* 24 analytical objects: lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools
* 9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1 and MN
* 3 types of charts: bars, Japanese candlesticks and broken line for efficient trading
Download MetaTrader 4 (MT4) for Android on your smartphone or tablet and trade Forex anytime and anywhere in the world!
To trade using real money, you need to open a real trading account by entering into a separate agreement with a financial company (broker), which has installed the server component of the MetaTrader 4 trading platform. MetaQuotes is a software company and does not provide financial services, nor it has access to MetaTrader 4 platform servers and databases managed by financial companies.
Investing in the financial market is quickly shifting from traditional brick and mortar brokerage. Tech-savvy smartphone users in all parts of the world are increasingly using apps to trade a wide variety of financial instruments including stocks and currencies. Millennials in countries that lead in technology like China continue to show growing interest in US stocks. According to consulting firm Oliver Wyman, China’s online retail trading volume could reach about $ trillion by
With several smartphone operating system (OS) manufacturers existing today, is there a preference of any particular OS among online traders?
An investigation of the most commonly used online trading apps shows that Android and iOS are the main competitors in the online trading space. Windows and Blackberry are great for other uses but many trading apps are not compatible with their configurations. This means you are limited to a few choices of trading apps if you use either Windows or Blackberry smartphones.
The battle, then, comes down to Android vs. iPhone.
Prior to , Android maintained the lead on smartphone use. iPhone has been catching up and closing the gap over the last two years. Now the competition for customers is neck to neck.
With regard to online trading, it is fair to say that both iOS and Android are great for trading Forex. Although there are some differences between them in terms of hardware, security, and of course cost, the choice of one over the other may not have a significant influence on your productivity. It is the characteristics of the specific phone that you choose that determine how well you do your trading activities.
If you are currently stuck on how to choose the best smartphone OS for Forex trading, here is a breakdown of what you should consider:
Trading Forex online is a very sensitive endeavor. A single mistake can mean the loss of a few months’ profits or even the entire capital. It can be tedious and stressful if you experience technical difficulties. A large screen helps a great deal to make trading easier, more comfortable and less stressful.
Screens sized inches and bigger are great choices for online trading. With a large screen you are less prone to make trading mistakes. You also have a good view of the trading interface and can use all the tools and features provided by the application you are using.
The international Forex market does not sleep. You want a smartphone with long battery life so that you can keep on trading. You don’t want a battery that dies while you are in the middle of a trade.
The average battery life for many new Android and iOS smartphones has gone up to more than 12 hours in To ensure that you find a phone that has reliable battery life, take time to read battery specifics. Do not be fooled by the size of the battery. A bigger battery doesn’t necessarily mean longer life.
According to Android Central, the Samsung Galaxy S10+ tops the list of best Android phones for battery life (mAh). Samsung Note 9, the previous leader, is great too and has efficient internal specs but the GS10+ promises to sail you through the heaviest of trading days.
You need a smartphone that will comfortably accommodate mobile trading apps. A 64GB internal storage is recommended as the minimum storage. Lower storage may not sustain Forex trading apps and so you won’t be able to trade on the phone.
Processor speed is another critical property that you should carefully consider when purchasing a smartphone for online trading. Use the quickest phone you can get. Smartphone processor speed can mean making handsome profits or suffering huge losses. A high processor speed makes trading easier and less stressful as well.
Apple and Android may be at war over whose OS is superior. As a Forex trader, however, the supremacy battles aren’t what you should focus on, but rather the characteristics of the particular smartphone you are planning to use for trading. Most of the top Forex trading mobile apps are available for users across the two divides. It is noteworthy that some slight differences may exist between iOS and Android versions of the same trading app. Taking time to read user reviews helps to make sure you get a device that will allow you to use all the features you need for efficient online Forex trading.
Dainan Gilmore is an enthusiastic expert in cybersecurity and works as a Cryptanalyst for Gadget Advisor. More by Dainan Gilmore
Fact Checked By
Jemma Grist
We’ve evaluated countless mobile platforms to bring you our selection of the best day trading apps. Discover the applications that stand out for their:
But don’t just take our word for it, for each day trading app we scored highly, we’ve also compiled ratings from the Apple App Store and Google Play Store so you can see what other traders think.
These are the 5 best apps for day trading based on our findings:
Broker | iOS Rating | Android Rating | Minimum Deposit | Day Trading Markets | Regulators | Visit |
---|---|---|---|---|---|---|
/ 5 | 4 / 5 | $ | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting | ASIC, CySEC, FSCA, ISA, CBol, FSA, FRSA, BVI, ADGM | Visit | |
/ 5 | / 5 | $5 | CFDs, Multipliers, Forex, Stocks, Indices, Commodities | MFSA, LFSA, VFSC, BFSC | Visit | |
/ 5 | / 5 | $0 | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | Visit | |
/ 5 | / 5 | $5 | Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures | ASIC, CySEC, DFSA, FSC, FSCA | Visit | |
/ 5 | / 5 | $ | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | ASIC, CySEC, FSA | Visit | |
/ 5 | / 5 | $ | CFDs, Forex, Stocks, Indices, Commodities, Crypto | FCA, ASIC, CySEC, SCB | Visit | |
/ 5 | / 5 | $ | CFDs, Forex, Indices, Commodities, Stocks, Crypto | ASIC | Visit | |
/ 5 | / 5 | $ | Forex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto | FCA, CySEC, NFA, CFTC, CIMA, CIRO, SFC | Visit | |
/ 5 | 4 / 5 | $50 | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs | FCA, ASIC, CySEC, FSA, FSRA, MFSA | Visit | |
5 / 5 | / 5 | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | FSC, FSA | Visit | |
/ 5 | / 5 | $ | CFDs, Forex, Stocks, Indices, Commodities, Futures | FCA, CySEC, FSCA, SCB, FSC | Visit | |
/ 5 | / 5 | $0 | CFDs, Forex, Indices, Commodities, Crypto | CySEC | Visit | |
/ 5 | / 5 | $0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | FCA, CySEC, IFSC, KNF, DFSA | Visit | |
/ 5 | / 5 | $ | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto | FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA | Visit | |
/ 5 | 4 / 5 | $0 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting | FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA | Visit |
AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere.
"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."
- DayTrading Review Team
AvaTrade is a leading forex and CFD broker, established in and regulated across 9 jurisdictions. Over , users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. + financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.
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Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users.
"eunic-brussels.eu will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "
- DayTrading Review Team
eunic-brussels.eu is a low cost, multi-asset broker with over million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.
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Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. Despite the absence of a proprietary app, these platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.
"Pepperstone is a best-in-class broker. Experienced day traders benefit from razor sharp spreads, ultra-fast execution and + instruments. New traders get user-friendly platforms, rich education materials and 24/7 support."
- DayTrading Review Team
Pepperstone is a leading online broker with over , clients in more than countries. The top-rated brokerage offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC.
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CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between % of retail investor accounts lose money when trading CFDs.XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s + instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand.
"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."
- DayTrading Review Team
XM is a globally recognized forex and CFD broker with 10+ million clients in + countries. Since , this trusted broker has been known for its low fees on + instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.
Visit XM
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from , the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
- DayTrading Review Team
IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than , clients from over countries.
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Where brokers do not offer their own proprietary trading apps, and instead support third-party applications like MT4, MT5 or cTrader, we have shown these ratings from the respective app stores. Also kindly note that ratings from app stores may change.
In recent years, we’ve seen the day trading landscape shift, with more retail investors using smartphones for online trading. In fact, the number of trading app users has risen year-on-year according to Business of Apps.
Application functionality has also improved, where once you could just view portfolios and make basic trades, the best day trading apps today offer the complete package for all types of traders.
However, despite significant investment in app development and varied personal preferences, the key qualities of an outstanding app for day trading remain the same:
We explain these comparison factors and our methodology in detail below…
For intraday traders, where every second can count, selecting a day trading app with a user-friendly design that allows for easy navigation is essential.
The ability to quickly analyze data and execute trades with minimal clicks or fuss is a key feature of top apps. Given the trend of apps like Robinhood, which gamify trading with features like digital confetti when you make a trade, it’s important for serious day traders to avoid such distractions.
We assess the usability of day trading apps by evaluating how they balance providing key information for informed trading decisions, without overwhelming users with excessive data. This approach ensures that the apps we recommend offer an optimal user experience, catering to the specific needs of day traders.
From our many years in the industry, we understand that transitioning from desktop to mobile trading platforms often means compromising on functionality, particularly in charting tools, which are vital for day traders.
Therefore, we look for day trading apps that deliver a comprehensive mobile trading experience, including mobile-friendly charts with numerous technical indicators and drawing tools, as well as a complete range of order types.
Additionally, we value standout features such as SMS alerts and push notifications that provide buy and sell signals or important market updates, improving the overall trading experience.
We’ve found that while most top day trading apps are available on both the Apple App Store and Google Play Store, their performance can vary between iPhone/iPad and Android devices.
For example, during our analysis, E*Trade scored /5 on the Apple App Store but only /5 on the Google Play Store, indicating a less optimal experience for Android users.
Therefore, we prioritize the mobile trading experience on both Apple and Android platforms, blending our own testing observations with feedback from other traders. This approach helps us ensure that the day trading apps we recommend deliver a high-quality experience, regardless of the device.
It’s vital to select day trading apps with low fees, as this can help maximize profits by reducing the ongoing transaction costs that quickly add up in the high-frequency environment of day trading.
In our hands-on assessments, we carefully review the fees associated with day trading in popular markets like stocks, forex, and commodities.
We also consider the needs of different traders. Beginners, for example, may prefer a commission-free model with variable spreads and zero inactivity fees, keeping pricing simple with no penalties if they choose to stop day trading. On the other hand, experienced day traders often prefer models that feature tight spreads and low, fixed commissions.
If you’re still unsure which app to use for day trading, I recommend test-driving a few applications using demo accounts. This will help you find good day trading apps with designs you enjoy, tools you need, low fees, and excellent integration with your mobile or tablet devices.
A day trading app is a downloadable application for your mobile or tablet, allowing you to conduct day trading activities like market analysis, trade execution, and account management.
Some day trading brokers, such as CMC Markets, have built their own apps that offer everything in one package, while other firms, such as IG, have stand-alone apps for different purposes such as trading and education.
There are also brokers, such as Pepperstone, that provide access to popular third-party apps that can be used for charting and day trading, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Based on our findings, 5 of the most popular day trading apps are eToro, Webull, Trading , MetaTrader 4 and MetaTrader 5.
To qualify as ‘popular’ we scoured the Apple App Store and Google Play Store for day trading apps that have been downloaded more than 10 million times with ratings of at least /5 at the time of writing.
eToro is the best day trading app for beginners. As well as providing a fantastically simple interface that we’ve loved using for many years, it offers all the key features of the web platform, from real-time trading to market updates, historical data and in-built support.
Its social trading community is also world-class, allowing beginners to engage with and learn from experienced traders, while the demo account is the perfect entry point for new traders.
CMC Markets is the best day trading app for advanced traders. It’s obvious the broker has invested serious time and money into creating an optimal mobile trading environment in recent years. There’s a huge range of over 12, markets, mobile-optimized charts with more than 40 indicators and drawing tools, plus an easily customizable workspace where you can move, minimize and maximize tiles.
However, where it really stands out is the reliable interface. During testing it was incredibly receptive, creating a fast and stable trading environment that should give serious day traders confidence.
The writing and editorial team at eunic-brussels.eu use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust eunic-brussels.eu
Top 5 Forex Trading Apps for iOS & Android
Forex trading apps are among the most frequently used smartphone software applications in the world today. These apps help active traders to manage their trading accounts and have market information at their fingertips at any given time.
Forex brokers and independent software developers are the main providers of Forex trading software. Android or iOS users have a wide variety of trading platforms to choose from. Essentially, you would need a platform that is easy to use on your device and one that provides you with all the functionalities you need to achieve maximum profitability.
Here are the top 5 Forex trading platforms that have been found to be reliable and efficient by traders:
Bloomberg is a Manhattan-based financial data, media, and software company. It is reputed with leadership in financial market research and has a wide clientele comprising of thousands of investment firms and groups from all over the globe. Bloomberg also offers mobile applications for iOS and Android users including stock and Forex traders.
With its unique Watchlist feature and a customizable menu, the Bloomberg app allows you to monitor your Forex portfolio. The Bloomberg TV, charts, and information summaries are great tools for decision making as you aim at improving the financial position of your portfolio.
MetaTrader is a top-ranking software developer that provides mobile applications for trading financial instruments such as currencies, stocks, CFDs, and futures.
Many Forex traders prefer MetaTrader 5 Forex trading app over other platforms because it supports netting and hedging. These systems enable you to reduce the risk associated with your trades and thus offer a level of protection for your funds. The distinctive features of the iOS and Android Forex trading platforms offered by MetaTrader 5 include Market Depth, which keeps you posted on developments in the global financial markets. You also get access to in-built indicator sets and analytical tools that help you to make informed trading decisions. With just a tap, you can control your account, enter/exit currency trades, and view trading history.
If you are looking for a flexible platform for trading varying financial instruments, NetDania Stock and Forex Trader is a great option. Live charts and latest industry news from Market News International and FxWirePro are some of the information sources the app offers you. In addition, the software give you access to real-time Forex interbank rates, price quotes for other financial securities, as well as trading strategies (for example, target, limit and stop loss).
NetDania trader app is available for Android and iPhone smartphones, and you can use its customizable menu to set preferences for price and trading alerts. Most users review NetDania Stock and Forex Trader as a platform that is fast and easy to use. It is the idea trading app for any trader who wants to maintain a well-diversified portfolio can find invaluable.
Have you been searching for a platform that gives you the liberty of choosing the Forex broker you wish to work with, and keeps you abreast with latest Bitcoin prices?
Trade Interceptor is a world-renown trading platform used by millions of iPhone and Android users. In addition to being able to trade a wide variety of currency pairs, you can engage in the selling and purchase of commodity futures and binary options. Trader Interceptor is ideal for traders of all levels - beginners to experts. If you are just starting out in online trading, the platform allows you to do simulated and backtest trading using historical data.
Access to reliable and timely market information is among the most important aspects of successful online trading. This platform gives you unlimited access to live price quotes and charts, as well as daily real-time market news. Your interface also features technical analysis tools that will help you develop savvy trading skills with time.
With the rise of social trading, eToro has positioned itself as the best platform for social Forex trading. The app has seen investors open more than million trades. It is distinctively different from other top mobile trading apps featured above in that it allows users to replicate other traders' strategies. The trader whose strategy is copied benefits every time his strategy is used by another user and profits are earned.
If you choose to use eToro, the most significant decisions you need to make as a follower is selecting the right trader to follow. The platform provides you with data (biodata, trading history, and so on) on every trader to help followers choose from an informed position. You can also sign up as a trader and enjoy letting others follow your strategy as you collect the profits.
If you think one of the above Forex trading platforms for iOS and Android users meets your requirements of the trading app you need, go ahead and sign up. Use any opportunity to learn more about the platform (like using a free demo account) before committing real money to ensure that you get exactly what you need. Once you have known how to work with any of these top-rated trading apps, you will have made a crucial step toward building a career as a Forex trader.
Tags: top forex trading apps ios android
Foreign exchange trading, known as forex or FX, involves the trading of currencies. The forex markets are the most liquid in the world, making trading opportunities to profit from the changing value of currencies very attractive.
Forex markets trade 24 hours a day, from Sunday 5 p.m. eastern time to Friday 4 p.m. eastern time. Given the nature of the forex markets' active global marketplace, liquidity, and volatility, fast access to market news and information as well as trading platforms is critical for forex trading.
This has made smartphone trading apps extremely popular with forex traders. Active currency traders need and want market news, quotes, charts, and their trading accounts at their fingertips at all times.
The major currency pairs traded in the forex market are active, often volatile, event-driven, and, therefore, very vulnerable to business, political, and economic news that's announced throughout the regular hour trading day.
Nearly all forex brokers offer mobile applications. Some of the individual broker apps are so popular that traders who don't have accounts with the broker still use them. Other popular forex trading apps offer free and easy access to news, price quotes, and charting.
Look for apps that give you the functionality that you need to trade forex effectively. In such fast-paced markets, you may want the edge offered by real-time market updates, advanced analytics and charts, educational tools, and the latest in global market, financial, and business news.
The amount that is traded on the forex market every day.
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, 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. Traders can customize the menu to suit their personal preference for news and price quotes. The app is available for iPhone and Android smartphones.
NetDania Stock and Forex Trader delivers real-time forex interbank rates.
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.
Trade Interceptor's interface offers analysis and technical trading tools, including nearly technical chart indicators. It 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. They can access 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.
With Trade Interceptor, you can simulate trades and backtest trading strategies using historical data.
Bloomberg offers a number of mobile applications for iPhone and Android, but access to some of these requires that users have current subscriptions to Bloomberg services. However, even its basic business mobile app is more than sufficient for 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. Its menu is customizable.
The Watchlist feature lets traders track and analyze their current 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.
Use Bloomberg's mobile app Watchlist to monitor and analyze current positions.
One of the most popular trading apps provided by a broker is TD Ameritrade's thinkorswim Mobile. It's a full-service trading platform that lets TD Ameritrade clients trade currencies, options, futures, and stocks with an easy-to-use interface. Users can access live, streaming charts that they can load with common technical indicators. Traders can even load chart study tools that they created 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. They can make account deposits and modify trading orders or alerts.
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.
thinkorswim Mobile lets you connect with fellow traders through its myTrade community feature.
Forex trading offers opportunities to profit handsomely (though it's not without its risks). To make the most of these opportunities, you must understand how forex markets function and what drives them. You should understand how forex trading works. Serious forex traders may want to get to know the mobile forex trading apps available for smartphones.
Yes, you can. These days, you can trade forex with a mobile forex trading app and a smartphone. These apps do more than allow you to trade while you're on the move. They can help you keep real-time tabs on the markets, global financial and business news, and technical analysis of current and potential investments.
The IG Trading platform app is rated highly for use by beginning forex traders.
In the ever-evolving world of Forex trading, staying ahead of the curve is paramount. The foreign exchange market is a dynamic arena where currency values fluctuate by the second, and being equipped with the right tools can make all the difference between success and disappointment. Enter Forex apps for smartphones – these nifty applications have revolutionized the way traders approach Forex. In this comprehensive guide, well delve into the top 10 Forex apps for smartphones that can empower you to take your trading game to the next level.
If theres one app that stands tall in the world of Forex trading, its MetaTrader 4 (MT4). Renowned for its user-friendly interface and powerful features, MT4 has earned a place of honor among traders worldwide. Whether youre a novice or a seasoned pro, MT4 offers real-time price quotes, advanced charting tools, and customizable indicators. Its the perfect companion for traders on the go.
Building upon the success of MT4, MetaTrader 5 (MT5) takes Forex trading to new heights. With additional timeframes, a plethora of technical indicators, and an economic calendar, MT5 offers a comprehensive toolkit. It also supports trading in various financial markets, including stocks and commodities, making it a versatile choice.
For traders who appreciate the power of visualization, TradingView is a game-changer. This app boasts visually appealing charts and the ability to share trading ideas with the TradingView community. Offering a wide range of technical analysis tools, it allows traders to customize charts to suit their preferences.
If youre looking for an app that combines user-friendliness with a stellar reputation, eunic-brussels.eu should be on your radar. It provides access to a wide range of currency pairs, commodities, and indices. Moreover, the app offers educational resources and research materials to support traders in their decision-making process.
IG Trading is a powerhouse app that caters not only to Forex but also to other financial markets. It delivers real-time market data, advanced charting, and the ability to manage portfolios conveniently from your smartphone.
Currency conversion is at the heart of Forex trading, and the XE Currency Converter app simplifies this process. Offering up-to-date exchange rate information and quick currency conversions, its an indispensable tool for traders dealing with multiple currencies.
NetDania is a comprehensive app that covers both stock and Forex trading. It provides real-time quotes, news updates, and economic calendar events. Traders can set up customizable alerts to stay informed about market developments.
For traders who rely heavily on news and analysis, the Bloomberg app is a treasure trove. It offers breaking news, financial data, and expert analysis from around the globe, ensuring traders are always in the know.
Keeping an eye on economic events is paramount in Forex trading, and the Forex Calendar, Market & News app delivers precisely that. It provides real-time economic data, market analysis, and news updates, helping traders anticipate market movements and make informed decisions.
Thinkorswim Mobile is a robust app designed for advanced traders. It offers advanced charting, technical studies, and a plethora of tools for in-depth analysis. Additionally, the app supports paper trading, allowing users to practice without risking real capital.
Forex apps for smartphones have become indispensable tools for traders for several compelling reasons:
In the fast-paced world of Forex trading, having the right tools at your fingertips can be a game-changer. These top 10 Forex apps for smartphones cater to traders of all levels, offering a variety of features and functionalities. Whether youre new to Forex or an experienced trader, these apps can enhance your trading experience and give you an edge in the market.
Ans. Yes, most of the mentioned Forex apps are available for both Android and iOS platforms.
Ans. Many of these apps offer free versions with limited features. However, premium versions with additional features are often available for a fee.
Ans. Absolutely! These apps typically provide access to a wide range of currency pairs, allowing you to diversify your trading portfolio.
Ans. Yes, a stable internet connection is crucial for real-time data updates and seamless trading execution.
Ans. Apps like MetaTrader 4 (MT4) and eunic-brussels.eu are beginner-friendly and provide educational resources to help beginners get started in Forex trading.
Company | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Mobile Charting - Indicators / Studies | Visit Site |
IG | £ | info | 33 |
I've been reviewing IG for over six years, and I continue to be impressed by IG's powerful suite of mobile applications for everyday forex traders. IG’s flagship mobile forex trading app, IG Trading, won our Annual Award for #1 Mobile App. I find the IG Trading app to be easy to use and jam-packed with powerful features and intuitive trading tools.
IG Trading’s intuitive layout makes it a breeze to navigate between features such as alerts, sentiment readings, trading signals, and highly advanced charts. The app delivers dozens of technical indicators and five distinct chart types. Setting up charts is easy, and zooming in and out across time frames feels quick and precise. IG provides my favorite mobile charts in the industry and IG Trading is a great choice for charting enthusiasts who want to conduct market analysis on the go.
IG also offers the popular MetaTrader 4 (MT4) app for traders who prefer the MetaTrader experience. Traders at IG also gain access to IG Academy, the broker’s standalone educational app. IG Academy features eight interactive courses organized by experience level, each containing nearly a dozen chapters. Read my full review of IG to learn more about why I’ve rated IG so highly for so many years.
Company | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Mobile Charting - Indicators / Studies | Visit Site |
Saxo Bank | $0 | info | 64 |
Saxo Bank's SaxoTraderGO is a favorite of mine and includes everything that forex traders might need to navigate the market. One of the strengths of Saxo Bank’s mobile platform that continues to impress me is how closely the mobile app mirrors the performance of the broker’s web-based platform. Nearly all features found in the web version of the platform are available in the SaxoTraderGO mobile app. Saxo Bank has done a great job unifying the excellent SaxoTraderGO platform experience across devices.
SaxoTraderGO delivers rich charting capabilities and – touching on a theme here – closely matches the experience of the platform’s web-based charts. Charts in the SaxoTraderGO mobile app sync with the browser-based version of the platform. For example, if you draw trend lines and add indicators in the web version, they will appear in the mobile app (and vice versa). The web platform’s economic calendar, educational videos, market news from top-tier sources such as Dow Jones Newswire, and pattern recognition analysis from Autochartist are all accessible on the mobile app.
Saxo Bank was Best in Class in our Mobile Trading Apps category for our Annual Awards and is a true leader in this category. Read my full review of Saxo Bank to learn more.
Company | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Mobile Charting - Indicators / Studies | Visit Site |
CMC Markets | $0 | info | 29 |
CMC Markets' cleanly designed Next Generation mobile app comes packed with research tools, integrated educational content, powerful charts, predefined watchlists, and more. Much like Saxo Bank’s fantastic SaxoTraderGO platform suite, the look and feel of the CMC Markets mobile app closely resembles the web-based version of the Next Generation platform.
I’ve been testing CMC Markets’ platforms since , and it’s clear to me that CMC Markets has invested time and resources in the mobile app’s development. The broker has managed to organize quite a bit of information with limited screen space. For example, charting on the mobile version of the Next Generation platform is just as impressive as the web version. Though fewer technical indicators are available on mobile, the app delivers a powerful charting experience.
Other notable features include research content developed by CMC Markets’ in-house staff, such as the Intraday Update, Morning Call, and Evening Call. I’m also impressed by the app’s predefined watchlists, which I’ve found can be great ways to identify trading opportunities. Overall, CMC Markets simply delivers an excellent mobile trading experience. Read my full review of CMC Markets to learn more.
Using our forex brokers comparison tool, here's a summary of the features offered by the best forex trading apps.
Comparison Tool:Compare 50+ features side-by-side
When choosing a new forex broker account for online trading, consider these five areas of the trading experience:
Yes, if you have a modern smartphone running either an Android or iOS operating system, you can install forex trading apps on your phone. After opening the app, you can log in to your forex account and begin trading from your phone. If you are interested in trading CFDs, there is a range of great mobile options available from some of the top brokers in the industry. Check out our guide to the Best CFD Brokers and Trading Platforms to learn more about CFDs (and to check out our picks for the best CFD brokers).
No, there is no official app or website because the foreign exchange (forex) market is decentralized — that is, there is no single location or site for the market. The forex market consists of central banks and financial institutions such as brokers, dealers, banks, and corporations. Read more on Wikipedia.
Many trustworthy forex brokers do offer mobile apps for trading. There is a wide selection available, including apps that are developed by brokers in-house, as well as apps from third-party developers. To avoid forex scams, you should only use regulated banks and brokers that are properly licensed to offer forex trading services in your country of residence. For example, if you live in the U.K., check the Financial Conduct Authority (FCA) to verify a broker is regulated.
Note: If you're looking specifically for the broker eunic-brussels.eu, it offers both a proprietary app, called eunic-brussels.eu mobile, and the popular MetaTrader 4 (MT4) app. Read our full-length review of eunic-brussels.eu, or check out our MetaTrader guide.
Saxo Bank is our top pick for the best overall forex trading app experience. Saxo Bank’s SaxoTraderGO app is intelligently designed and fits into a unified platform experience across devices by closely mirroring its highly-rated web platform counterpart. Read more about Saxo Bank’s mobile suite in our full-length Saxo Bank review.
Check out a gallery of screenshots from Saxo Bank's SaxoTraderGO app, taken by our research team during our product testing.
Our testing found that IG offers the best smartphone app — IG Trading — for forex trading in IG is regulated globally, and its IG Trading app provides access to a variety of quality trading tools alongside multiple news sources for researching trading opportunities. Charting on the IG Trading app is also rich with features. Check out our full-length review of IG to learn more about IG’s suite of mobile apps.
This gallery of screenshots was taken by our research team while testing IG's highly-rated mobile trading app.
The IG Trading app is an excellent choice for beginners, due to its range of tools, integrated content, and the ability to access educational material from IG Academy and DailyFx (it even has a standalone mobile app for education). IG is a leader in education, making its IG Trading mobile app the best forex trading app for beginners in
As an alternative, Plus's easy-to-navigate app provides the essentials for trading, and makes viewing available markets a breeze. That said, just because an app is easy to use doesn't mean it is easy to make money. It's worth noting that forex trading is only available at Plus via CFDs.
schoolForex trading for beginners
New to trading forex? Check out our guide to trading forex for beginners here. We'll help you pick a forex broker that's great for beginners, and go over some of the forex fundamentals to help jumpstart your forex education.
The MetaTrader platform suite — available for mobile — is developed by MetaQuotes Software Corporation and is the most widely used app for trading CFDs, forex, shares, and other asset classes.
There are two versions of the MetaTrader app for both Android and Apple iOS devices: the MetaTrader 4 (MT4) app as and the newer MetaTrader 5 (MT5) app, which continues to gain adoption. I've written a guide that details the differences between these two trading platforms: check out my MT4 vs MT5 guide. You can also learn more about MetaTrader 5 (and find a great forex broker that offers MT5) by checking out my full MetaTrader 5 guide.
Take a quick look at the MetaTrader 5 Mobile Trading app interface with our video walkthrough:
While MT4 and MT5 are incredibly popular due to their wide availability, many of the best mobile apps are developed in-house by some of the best online brokers, such as Saxo Bank and IG.
Yes, and you shouldn't pay for any courses as there is plenty of high-quality free education available directly from most online brokers, as well as third-party websites (check out my guide to the best free forex trading courses). However, forex trading is not easy — the majority of traders lose money.
To be successful in trading forex, you must learn how to manage risk properly, depending on your goals and the strategy you choose to follow or develop. First, open a free demo account and trade using fake money to learn how the trading platform software works.
Eightcap ReviewTickmill ReviewFxPro ReviewSaxo Bank ReviewPepperstone eunic-brussels.eu ReviewXTB ReviewIC Markets ReviewCity Index ReviewHFM (HF Markets) ReviewTD Ameritrade ReviewSwissquote ReviewFP Markets ReviewFineco eunic-brussels.eu ReviewFXCM ReviewAdmirals RevieweToro ReviewOANDA ReviewTrading ReviewPlus ReviewAvaTrade ReviewCMC Markets ReviewOcta ReviewIG ReviewInteractive Brokers ReviewACY Securities Review
At eunic-brussels.eu, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry.
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
All content on eunic-brussels.eu is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, 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 related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
Steven Hatzakis is the Global Director of Research for eunic-brussels.eu Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Blain Reinkensmeyer has 20 years of trading experience with over 2, trades placed during that time. He heads research for all U.S.-based brokerages on eunic-brussels.eu and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
John Bringans is the Senior Editor of eunic-brussels.eu An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Joey Shadeck is the Content Strategist and Research Analyst for eunic-brussels.eu He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
The mobile application greatly simplifies the very process of trading, which is characterized by a fairly tight schedule. After all, each trader, for sure, it is important to be able to use your time with maximum efficiency. Especially in the case when you combine your trade with other forms of employment (including, with work or study on a full or part-time basis).
It often happens that profitable trade for users in different time zones of our country falls on evening or night. It may be that the presence of the Forex market is extremely necessary in the morning hours. By installing a mobile application on your smartphone running on Android or iOS platforms, while remaining online, you can not break away from other businesses and be efficient as a trader.
With our mobile application for trading binary options, you can trade without leaving your office, while in the car, going on a trip. Yes, and at night in order to carry out trading operations, you do not have to leave the bed and go to the computer - just take your smartphone with you.
The application allows you to configure the gadget notification system, which will promptly alert you about the current position of your account in the market.
Trading binary options is beneficial by itself, and the application only makes it even more comfortable. After all, one touch of the smartphone screen is often enough to make a profitable investment and get a good income. If the trade is positive, you will always receive your fixed percentage of the earned funds when you manage several accounts at the same time, and the potential of payments will vary from 70% to 90%.
The mobile application makes trading more simple and affordable. You can easily adjust through the gadget and trading volumes, and the expiration time, and the category of your assets.
Using our application (Google android and Apple iOS) for trading binary options and the Forex market, you can always count on ease of use of the software, an intuitive interface and maximum functionality.
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