TOP-10 Mobile Apps for Forex Traders
The foreign exchange market is fast-moving, ever-changing and highly competitive. It’s the world’s largest market with turnover of over $5 trillion per day. A trading platform is a core instrument which lets investors and traders open, manage and close market positions. Nowadays, it’s easier to get access to real-time updates on Forex anytime and anywhere thanks to the increased availability of mobile trading apps. Their major strengths are high efficiency, low performance requirements and ease of use.
The choice of the right app would greatly contribute to your market opportunities, speed, and accuracy of your response to price movements, comfort, and security while trading, etc. So, let’s review some of the most popular Forex apps currently available.
The foreign exchange market is fast-moving, ever-changing and highly competitive. It’s the world’s largest market with turnover of over $5 trillion per day. A trading platform is a core instrument which lets investors and traders open, manage and close market positions. Nowadays, it’s easier to get access to real-time updates on Forex anytime and anywhere thanks to the increased availability of mobile trading apps. Their major strengths are high efficiency, low performance requirements and ease of use.
The choice of the right app would greatly contribute to your market opportunities, speed, and accuracy of your response to price movements, comfort, and security while trading, etc. So, let’s review some of the most popular Forex apps currently available.
- MetaTrader 5 is a platform for mobile online trading on the Forex and Stock markets. The app allows traders to connect to brokers’ servers, receive stock prices and currency exchange rates, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations. The app is free. Compatibility: iOS, Android
- FXOpen TickTrader is a free Android application for mobile Forex and Exchange trading via the Internet. FXOpen TickTrader offers real-time market data, including pricing and charts, for all new and existing FXOpen customers. With the mobile application Forex traders can easily and quickly receive the latest economic and financial news, currency rates, access charts and market analysis online. The app allows users to trade on FX / Crypto Demo or Live accounts. Compatibility: Android
- Forex Tutorials is a Forex training app that consists of seven chapters and covers a range of topics from currency price influences to graphic tools understanding and applying credit leverage correctly. The application has a built-in trading simulator for practicing your skills and dive into online trading world with no risk of losing real money. Compatibility: Android, Windows Phone
- Investing.com offers a set of financial tools covering a variety of global and local financial instruments: real time data, economic calendar, personalized portfolio, alerts, news and analysis, financial tools, global indices, and more. It’s one-stop-shop for traders and investors. Compatibility: iOS, Android
- Fxhours is an app that monitors the opening hours on the Forex market in user’s local time, shows the overlapping times, counts DST for each market automatically and accesses to Forex agenda. It also provides such features as pip value calculator, Forex calendar, currency prices, alerts for open markets, real-time charts, currency converter and more. Compatibility: Android