Best Forex Trading Apps in 2022 A Real Guide!

The brokerage’s proprietary trading platform, on which it bases its mobile app, includes more than 28 technical indicators and 19 compatible drawing tools. Traders can also compare up to four of IG’s unlimited timeframes in a single chart, split charts into forex trading app multiple frames and set watchlists. That said, forex traders may find the IBKR Lite a bit, well, light in terms of options. Traders can, however, expand the number of currency pairs available with the more than 100 options available for cross-pairing.

OANDA v20 REST allows for automated trading via the OANDA TRADE platforms. Social and copy traders, however, will need to execute trades using MetaTrader 4 in order to make use of the platform’s Signals tool. The forex trading app should have real-time and up-to-date information as this is of high importance in trading. This is mainly because a currency can have changing values within just seconds, and making decisions that are concise is critical.

  • MetaTrader 4 users can also uplevel their trading experience with OANDA by upgrading to “MetaTrader 4 Premium”.
  • FXTM offers users a large number of strategies as guides, profit, and even full control of their investment.
  • XM is also a very experienced and well-trusted forex broker which has been around for over 10 years and served thousands of customers worldwide.
  • Successful virtual trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change continuously.
  • There’s a touch-enabled trade management functionality, as well as split-screen and quad-screen modes so you can keep your eyes peeled on several markets at the same time.
  • Whether you’re just getting started and love your iPhone or have years of experience and can’t part with your Android, there’s a mobile app tailored to your trading strategy and experience level.

Test your trading strategies risk free with an FX demo account, complete with $10,000 virtual funds. Download the latest platforms including our desktop trading platform and MT4. We would like to help you with your issue; however, we require more detail and clarification. Please reach out to us at or send us a message through our live chat to provide us with more detail, so that we can address your concerns. Test your trading strategies risk free with an FX demo account, complete with $50,000 virtual funds. As an alternative, Plus500’s easy-to-navigate app provides the essentials for trading, and makes viewing available markets a breeze.

IG Trading Accounts

Regardless of your preferred platform, OANDA offers all the tools a beginning or advanced trader might want, including personalized charts, performance analytics and layouts. 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.

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. For forex trading, you can’t go wrong with Saxo Bank’s SaxoTraderGO app or IG Trading from IG. Trading 212 is a popular forex trading app which has received an incredible 4.5 out of 5 average rating on Trustpilot over the years. We like 212 because it’s pretty simple to use, has low fees and offers other products besides forex trading should you wish to change your preference in trading. You can download the app for IOS or Android and get started trading forex instantly online. Make sure to check out the latest Trading 212 promo code when you sign up. ESignal is an advanced charting platform which is primarily designed to target active traders who apply technical analysis.

forex trading app

Factors such as spread, fees, and speed at which orders are placed can be tested to give retail traders a reason to deposit funds with them. You can download the app on your mobile from the Google Play Store or the App Store. If you already have an account, simply log in with your existing credentials. If you are new to, you can open an account directly from the app. Alternatively, you can download the app on your mobile from the Google Play Store or the App Store. The only thing missing for me are a just few indicators that I personally prefer.

Try a Demo Account

One of the most popular trading apps provided by a broker is TD Ameritrade’s thinkorswim Mobile. App-based trading is now offered by most forex brokers even if you don’t have an account set up with their main platform. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

forex trading app

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. There are two versions of the MetaTrader app for both Android and Apple iOS devices — including the MetaTrader 4 app as well as the newer MetaTrader 5 app, which continues to gain adoption. Customer support is offered in ten different languages via Live Chat, Telephone, Email and an Online Contact Form. Forex markets are among the largest and most liquid markets in the world. Trade on-the-go with complete control of your account on the Android app or by using the Mobile Web terminal on your iOS device.

Download MetaTrader 4 for Mac

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. The Watchlist feature lets traders track and analyze their current positions in currencies, commodities, stocks, mutual funds, and exchange-traded funds with charts and information summaries. Users can also watch Bloomberg TV live through a streaming video feed. Overall, FxPro can be summarised as a safe broker that provides competitive spreads on Contracts for Difference .

Interactive Brokers’ Trading Accounts

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You can trade in the financial markets without a dealing desk using WebTrader, an easy-to-use web-based trading application, from any location in the world. FX traders who use it can open and close positions online without having to install any software. Besides, using a web browser, traders can keep an eye on bid-ask spreads, place stop-loss and take-profit orders, and keep track of all open positions.

Ratings and Reviews

The mobile version gives you access to create as many demo accounts as you need. Each broker provides traders with a meta trader 4/5 login after capital has been deployed. forex trading app Regardless, paper trading can play a big role in shaping a trader’s career. You get an opportunity to make sure as many rocks as possible have been turned.

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