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Best Forex Trading Mobile Apps
By:
Updated: Jun 3, 2020
While the best platforms are ones you download to your computer, you don’t always have your PC or laptop handy to manage your account. Wherever you go, you can manage your account online using mobile apps from these online forex brokers.
The Bottom Line: The brokers below represent the best Forex trading mobile apps
Plus500
Regulated By:
Headquarters:Israel
Foundation Year:2008
Min Deposit:$0
72% of retail CFD accounts lose money.
Demo Account:Open Demo Account
Max Leverage:
Publicly Traded:Yes
Deposit Options:Wire Transfer, Credit Card, PayPal, Skrill, Moneybookers
Withdrawal Options:Wire Transfer, Credit Card, PayPal, Skrill, Moneybookers
Products:Currencies, Commodities, Indices, ETFs, Stocks, Futures, Options, Crypto, Forex (CFD)
Trading Platforms:Plus500
Trading Desk Type:No dealing desk
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
Plus500 offers mobile apps for iPhone, iPad, Android, and Windows Phone. Once you download it and log in, you’ll be able to quickly buy and sell foreign currencies, as well as stocks and cryptocurrencies. The iOS version has a current 4.6 star average review. It earns a 4.2 average in the Google Play store.
Other features include real-time market notifications and access to a Plus500 demo account. You can give it a try risk-free using your smartphone anywhere you go. The buy and sell process is intuitive and easy to use.
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IG US – US accounts available:
Regulated By:NFA, CFTC
Headquarters:United Kingdom
Foundation Year:1974
Min Deposit:$250
Your Capital is at Risk
Official Site:https://www.ig.com/
Demo Account:Open Demo Account
Max Leverage:1:50 (NFA), 1:50 (CFTC)
Publicly Traded:Yes
Deposit Options:Wire Transfer, Credit Card, ACH
Withdrawal Options:Wire Transfer, Credit Card, ACH
Products:Currencies, Crypto
Trading Platforms:MT4
Trading Desk Type:Dealing Desk
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
IG US offers trading apps for iPhone, iPad, Android phones, and Android tablets. It’s great to have a dedicated tablet version of the app optimized for screens bigger than you can carry around in your pocket. The mobile app includes most of the same features you get from the full version of the IG platform on your desktop.
IG US allows you to set up custom trading alerts and enter advanced trades. You can get from a chart to the trade entry screen in just one tap and can view both at the same time even on the small screen. The app allows you to view market prices without logging in.
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CMC Markets
Regulated By:
Headquarters:United Kingdom
Foundation Year:1989
Min Deposit:$0
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Demo Account:Open Demo Account
Max Leverage:
Publicly Traded:Yes
Deposit Options:Wire Transfer, Credit Card, PayPal
Withdrawal Options:Wire Transfer, Credit Card, PayPal
Products:Currencies, Commodities, Indices, ETFs, Stocks, Bonds, Futures, Crypto
Trading Platforms:CMC Web Platform
Trading Desk Type:Dealing Desk, Market Maker
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
CMC Markets offers apps for iPhone, iPad, and Android. Mobile apps feature 35+ technical indicators and a live market calendar with push notifications. Features include live streaming prices, custom watchlists, technical indicator drawing tools, order entry, and more useful account management features.
The app carries a 3.5 average rating in the Apple App Store and a low 1.9 rating in Google Play. That is due to user reports of an unstable app and an inability to log in. I imagine that when those issues are resolved, the Android rating should bounce back. Until then, it is ideal for iPhone and iPad users only.
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FXTM
Regulated By:FCA, FSC, FSAR
Headquarters:Cyprus
Foundation Year:2011
Min Deposit:$10
82% of retail CFD accounts lose money
Demo Account:Open Demo Account
Max Leverage:1:30 (FCA), 1:30 (FSC), 1:50 (FSAR)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, QIWI, Webmoney, Maestro
Withdrawal Options:Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, QIWI, Webmoney, Maestro
Products:Currencies, Commodities, Indices, Stocks, Crypto
Trading Platforms:MT4, MT5
Trading Desk Type:No dealing desk
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
ForexTime, or FXTM, has an app available for iOS and Android devices. The new FXTM forex app gives you live currency rates, quick trade entry, and account management tools. Features include advanced charting and an option to turn on one-click trading for the fastest possible execution.
The mobile app includes access to a free demo account and the option to register a new account. The iOS version carries a 4.4 average rating and the Google Play version has a 4.4 average as well.
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AvaTrade
Regulated By:ASIC, CySEC, FSCA, FSA(JP), FSC, BVI, CBI
Headquarters:Ireland
Foundation Year:2006
Min Deposit:$100
71% of retail investor accounts lose money when trading CFDs with this provider
Official Site:https://www.avatrade.com
Demo Account:Open Demo Account
Max Leverage:1:30 (ASIC), 1:30 (CySEC), 1:30 (FSCA), 1:30 (FSA(JP)), 1:30 (FSC), 1:30 (BVI), 1:30 (CBI)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Boleto, QIWI
Withdrawal Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Boleto, QIWI
Products:Currencies, Commodities, Indices, ETFs, Stocks, Bonds, Futures, Options, Crypto
Trading Platforms:MT4, MT5, Proprietary, AvaSocial, AvaTradeGo, AvaOptions, WebTrader
Trading Desk Type:Market Maker
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
AvaTrade’s mobile app is called AvaTradeGO, and is available for iOS and Android devices. The mobile version from AvaTrade includes access to live feeds, social trends, charts, and account management. You can access multiple AvaTrade MT4 accounts and switch between a live and demo account.
The Android version has an average 3.5 rating while Apple’s version carries a 3.8 average. You can add custom watchlists, and get customer support in one of 14 languages if you get stuck.
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About the Author
Eric Rosenbergauthor
Eric Rosenberg is a finance, travel, and technology writer in Ventura, California. He is a former bank manager and corporate finance and accounting professional who left his day job in 2016 to take his online side hustle full-time. He has in-depth experience writing about banking, credit cards, investing, and other financial topics, and is an avid travel hacker.
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