What's the best Forex trading app? If you're a currency trader looking to get in on the action, there are some definite contenders. However, you need to realize that each of these apps has something unique to offer, and they also have their pros and cons. So what are some of the best Forex mobile trading apps, and what factors should you weigh in when deciding which one is right for you?
Best Forex Mobile Trading App: Admiral Markets App, by Banks. This is a leader in the currency industry, and it allows its users to invest in cryptosurfers, futures, stocks, and options across hundreds of worldwide exchanges. It even provides traders with real-time forex trading signals and quotes from more than 70 different exchanges. Users can even set up a practice account at Banks and make extra money through the app.
Best Forex Mobile Trading Application: TradeStation Forex Master. This is another premier forex trading program for both beginners and experts. Its design and features make it very easy to use for beginners, while its advanced features and charting tools will impress traders of all experience levels. This platform has a demo mode, which allows you to trade without risking any real money.
If you're already comfortable with using computers and the internet, you'll find this
forex trading app fairly intuitive. And the fact that it's offered at no cost makes it even easier to give it a try for beginners without worrying about losing any money. Best Forex Mobile Trading Application: TradeStation Forex Master.
With the ability to trade in multiple currency pairs through its extensive options and forex trading strategies, TradeStation Forex Master provides a valuable resource for traders of all experience levels. A great way to learn about the markets, this app lets you develop and implement your own strategy in real-time. You can also learn more about signals and strategies from experts using this forex trading app.
Best Forex Trading App: ACM Forex Trading Expert. If you're looking for the ultimate mobile trading app, look no further than ACM Forex Trading Expert. This expert advisor allows you to trade the forex market both in the future and today. With the app, you can set both stop-loss and take-profit limits, as well as set triggers for major currency pairs.
For example, if you see that a particular currency pair is rapidly falling, you can set the app to sell that pair so that you can get rid of the negative impact before it turns a significant loss. If you're bullish on that particular currency, the app will purchase some of that pair's assets so that you can profit in the short-term. Number Two: FXCM – The Foreign Currency Center. For those with an established trading career, FXCM is a fantastic option for mobile trading apps.
This network allows you to make trades with brokers across the globe at the same time. With access to over two hundred brokers, you can open up multiple accounts and place trades as you please. For traders who enjoy having the latest information, the free mobile trading experience offered by FXCM is an excellent choice.
Number Three: MT4 Forex Trading Station. If you're looking for a simple but effective forex trading platform, look no further than MT4 Forex Trading Station. Available for download from the Android Store, this mobile app allows you to trade currencies with ease. The interface is clean, simple, and straightforward, and the platform can be accessed anywhere you have an internet connection.
You can place live trades on the platform from anywhere with an internet connection as long as you have a smartphone that has access to the Internet. If you have an android smartphone that doesn't have access to the internet, you can simply plug in your Google Maps account and you will be able to see your trades in real time.
Number Four: Capital Market Daily. If you're a serious trader who wants the most up to date information on financial news and events, then Capital Market Daily is the one for you. For a one time fee, subscribers have access to a number of expert advisors, news sources, and market overviews.
If you're new to trading the forex market, or if you want to get a refresher on your strategies, these free apps provide an unparalleled opportunity to learn from the experts. There are many more excellent financial news and market apps available, so look around to find the one that's right for you.