December 6, 2023

Best Forex Trading Apps for iOS and Android in 2025

Given the nature of Forex trading, fast access to trading platforms, market news, and information is of essential importance for successful trades. This has made trading via mobile https://www.xcritical.com/ devices vastly popular with Forex traders, and, as a consequence, app-based trading is now supported by most Forex brokers. 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.

Are there customizable alerts and notifications available in the trading app?

mobile apps in the Forex industry

The orders panel of the app enables forex trading mobile app traders to view their open positions and orders at a glance. Direct deposits and withdrawals can be made on the move via the Wallet section of the app. Classic features like 1-click trading and trading from the chart are available.

Can I Get Rich by Trading Forex in the USA?

  • With more than 250 trading instruments through its intuitive app, AvaTrade allows traders to maximize the fast execution speeds and tight spreads upon trading popular currency pairs.
  • View our US Compare Forex Brokers homepage to see the other tables we have comparing regulated forex brokers in the USA.
  • Regulated and SecureSince Forex.com is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), traders in the U.S. can trade with peace of mind.
  • If you are using Android’s main competitor, Apple, you will need an iPhone, iPad or iPod touch with iOS 12.0 or later to use the iOS mobile equivalent.
  • CMC Markets’ cleanly designed Next Generation mobile app comes packed with research tools, integrated educational content, powerful charts, predefined watchlists, and more.
  • Tastyfx offers an award-winning proprietary platform alongside a mobile app.

Clear and straightforward trading is what this EU-based Forex trading app is all about. There are training resources, an economic calendar, and currency converters so users can trade effectively wherever they may be. The best free Forex trading app, especially if you are new to Forex trading, is MetaTrader 4. It is easy to learn and has plenty of technical analysis tools and functionality. Traders can trade on the AML Risk Assessments go and access their XM accounts, read market news, receive analytics, reach multi-lingual support available 24/7, and make deposits or request withdrawals. 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.

mobile apps in the Forex industry

How does one become a Forex trader in Europe?

Use Bloomberg’s mobile app Watchlist to monitor and analyze current positions. There are several considerations when contemplating trading via an app or desktop platform. Rather than ramming all of the sophistication that can fit into the app, FP Markets have produced a welcoming and intuitive app that facilitates a broad spectrum of traders.

He heads research for all U.S.-based brokerages on StockBrokers.com 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. Choosing the right trading tools is crucial for your success in today’s dynamic markets. Whether you’re trading stocks cryptocurrencies or forex selecting platforms that match your trading style and requirements will significantly impact your results. FXCM’s trading signals service provides trade ideas that can be applied in live currency trading. After subscribing to that service, you will receive suggested entry prices and a clear plan to exit an active position (analysis with stop and limit orders) for as many as 39 currency pairs.

This allowed us to fine-tune the copy trader selection process by filtering traders who meet our specific trading criteria. This allowed us to narrow down over 30,000,000 options to just four, giving us an easier list of traders to validate. EToro is a popular broker in the US after it simplified the process of capitalizing on higher-risk assets like forex and crypto markets through its CopyTrader platform. In our live testing, we found that OANDA’s spreads were decent on the commission-free Standard account, averaging 1.4 pips on EUR/USD. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

You will exchange one currency for another currency type at a bank or any registered foreign currency exchange outlet and pay a relatively high exchange rate. This type of Forex trading will not allow you to use leverage, practice using the demo account, or access educational resources. They must also be responsive and available in various communication channels like live chat, phone, and email. Most of the best Forex trading apps in Europe have available customer support agents 24/7, while others operate five days a week. Most traders use the MT4 mobile app, as most brokers provide it, and it is simple to use.

Then you need technical tools that your trading strategy requires in the trading app. In that case, you want a trading app that allows you to find other traders, copy their signals, and monitor their performance in real-time—preferably all directly from your phone. I have put together a list of features that should be important to you in becoming a more successful trader. In addition, the app offers real-time 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.

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. After our thorough analysis, we concluded that Pepperstone emerged as the top forex trading app for Android devices and smartphones. The MetaTrader app seamlessly combines robust trading tools, a user-friendly interface, and an extensive market availability. Notably, we also named Pepperstone our best Australian forex broker in 2025, considering its spreads, impeccable customer service, and its exemplary MT4 trading app.

EToro’s trading platform can be readily installed from the Google Play Store. It flaunts a whopping 5 million downloads across over 140 nations to further vouch for its popularity. Finally, ThinkMarkets has provided free downloadable trading guides for clients with different trading experiences and skills. The cTrader App for Android devices is the mobile trading version of the cTrader desktop by Spotware Systems Ltd. Listed in the Google Play Store, cTrader for Android has 100,000+ downloads on unique devices. In our experience, cTrader, available through FxPro, is a strong MT4 alternative for Android enthusiasts.

mobile apps in the Forex industry

Yes, you can forex trade on your Android phone as many top-ranking brokers support it. Pepperstone also had low RAW spreads starting from just 0.1 pips for the EUR/USD forex currency pair. One of the Android trading platform with the Lowest Spread Forex Brokers is IC Markets. EToro’s mobile app for Android devices requires Android 5.0 or later, while the app for iPhone, iPad or iPod touch requires iOS 14.0 or later.

The reason ThinkTrader stood out to us, however, is its risk management features and extensive educational resources. Secondly, we also appreciate that the trading platform’s Smart Order Routing ensures that FxPro clients receive the best available price in 100% of the cases. In our books, FxPro’s cTrader takes the cake when considering an alternative to MetaTrader. The FxPro Direct App streamlines account management and offers consolidated fund management solutions. A cherry on top is the dedicated tab within the cTrader Android app for managing push notifications for price alerts – a feature missing in the MT4 app. We especially liked how the app’s clean, straightforward interface made it easy to trade directly from charts and revise orders.

Making trading decisions based purely on these signals rests squarely on your shoulders, and it’s crucial to tread carefully. To us, however, the jewel in eToro’s crown has to be its CopyTrader feature. For those of us who might be taking baby steps into trading or lack extensive experience, this feature lets us peer into the strategies of seasoned traders, mirroring their moves in real time. If copy trading is your game, eToro’s Android app is a definitive must-have. Our highlight, however, has to be the cutting-edge TrendRisk Scanner, a valuable trading signals tool that scans financial markets for high-probability trades. We liked the touch of having the assets ordered by risk/reward ratio to give us the profit potential of each market.

I noted that VPS hosting is also available – allowing traders to run their strategies 24/7 without risk of downtime. The +Insights analytical tool built into the app leverages the Plus500 user base of millions and provides powerful data that can be integrated into trading strategies. The tool provides information on what other traders at Plus500 are buying and selling and reveals community trends. Traders can generate ideas from lists of key data like most traded instruments, most profit-making positions, and most loss-making positions. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.