Forex trading involves active trading of major currency pairs, which remain volatile during trading. The prices of these currency pairs move with events and release of economic news. As a trader, you need ready access to market quotes, charts, accounts and news feeds. This helps you to take advantage of trading opportunities that might come up. Forex trading apps provide quick access to your account, allowing you to verify quotes and place orders. Below are the top eight mobile apps that will allow you to cash in on new opportunities:
Admiral Markets App
Admiral Markets is a forex mobile trading app that runs on both Android (News - Alert) and iOS. This app allows you to trade stocks, currencies, futures and CFDs at any time and in any location worldwide. In addition, this app informs you of any changes and news in financial markets all day long. Admiral Markets mobile app supports the hedging and netting two-position accounts. It features Market Depth, professional technical analysis and trade orders.
Yahoo Finance
The Yahoo Finance app allows you to stay on top of trading and the stock market. This app is available for both iOS and Android devices. The features of this app include:
IQ Option Forex
This is an efficient and popular trading app that provides interesting features that mirror physical trading rooms. The IQ Option Forex app has a user-friendly interface, making interaction convenient. One of the app’s best features is the negative balance protection. Available for both Apple (News - Alert) and Android devices, this application enables cryptocurrency trading.
eToro
eToro is a forex trading platform where people have opened more than 280 million trades, and the number is increasing daily. This is a social trading platform that allows users to copy trades of other successful traders, making eToro a unique forex trading system. Traders use successful trading strategies of other traders to invest in financial markets. To start trading, you have to invest just USD 200. Once you have come up with successful trading strategies of your own, you can easily attract other traders to follow you and copy your investments. This will help you make additional income on the platform.
NetDania Global Stock and Forex Trading App
The NetDania Global Stock and Forex Trading app is fast and provides a review of the financial market. Features available from NetDania include real-time Bitcoin price quotes, more than 2,200 currency pairs, over 20,000 financial instruments, and trading strategies like target among others. This application provides alerts for entering or exiting the market and real-time market news.
Trade Interceptor
Trade interceptor provides advanced tools required for analysis. A few years back, these tools were only available on desktop computers. 14 types of advanced charts and more than 160 drawing tools and intelligent indicators are offered by this app. Trade interceptor’s features include indices, streaming forex quotes, commodities and precious metals. The application has a touch-chart functionality that allows order placement from the charts and access to real-time news from top global markets.
TD Ameritrade’s Thinkorswim Mobile
Thinkorswim has an extremely intuitive platform that is available for both Apple and Android device users. Navigating the platform and trading currencies on it is easy. This app provides CNBC mobile streaming and news alert for the market. To ensure you are updated on the forex market, this app sends push notifications with trading alerts.
Trading Game
This is probably one of the best applications for gaining market experience and doing demo-trades. Using this app gives you experience that a real market would offer. Trading Game is not only good for new traders who want to learn the ropes of forex trading, but also for experienced traders who want to hone their skills. The app provides lessons on how the forex market operates and helps you know how to come up with successful trading strategies for income generation. To enhance your knowledge of the forex market, make use of the puzzles available from this application.