Best Applications for Forex Traders: Four of Them

Ali Qamar

Updated:
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Trading in Forex has become easy, as you can be up to date with quotes, market news, charts, and trading accounts through forex applications.

 

Sort By

4 Providers that match your filters

Payment methods

Trading platforms

Regulated by

Support

Min.Deposit

$ 1

Leverage max

1

Currency Pairs

1+

Classification

1or more

Mobile App

1or more
Recommended

Rating

Total cost

$ 0 Commission 3.5

Mobile App
10/10

Min.Deposit

$100

Spread min.

Variables pips

Leverage max

100

Currency Pairs

40

Trading platforms

Demo
Webtrader
Mt4
MT5

Funding Methods

Bank Transfer Credit Card Giropay Neteller Paypal Sepa Transfer Skrill

Regulated by

FCA

What you can trade

Forex

Indices

Actions

Cryptocurrencies

Raw Materials

Average spread

EUR/GBP

-

EUR/USD

-

EUR/JPY

0.3

EUR/CHF

0.2

GBP/USD

0.0

GBP/JPY

0.1

GBP/CHF

0.3

USD/JPY

0.0

USD/CHF

0.2

CHF/JPY

0.3

Additional Fee

Continuous rate

Variables

Conversión

Variables pips

Regulation

Yes

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

Rating

Total cost

$ 0 Commission 0

Mobile App
10/10

Min.Deposit

$100

Spread min.

- pips

Leverage max

400

Currency Pairs

50

Trading platforms

Demo
Webtrader
Mt4
MT5
Avasocial
Ava Options

Funding Methods

Bank Transfer Credit Card Neteller Skrill

Regulated by

CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA

What you can trade

Forex

Indices

Actions

Cryptocurrencies

Raw Materials

Etfs

Average spread

EUR/GBP

1

EUR/USD

0.9

EUR/JPY

1

EUR/CHF

1

GBP/USD

1

GBP/JPY

1

GBP/CHF

1

USD/JPY

1

USD/CHF

1

CHF/JPY

1

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

Yes

CYSEC

Yes

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

Yes

CBFSAI

Yes

BVIFSC

Yes

FSCA

Yes

FSA

Yes

FFAJ

Yes

ADGM

Yes

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

Rating

Total cost

$ 0 Commission 6.00

Mobile App
7/10

Min.Deposit

$10

Spread min.

- pips

Leverage max

10

Currency Pairs

60

Trading platforms

Demo
Webtrader
Mt4

Funding Methods

Credit Card

What you can trade

Forex

Indices

Cryptocurrencies

Average spread

EUR/GBP

1

EUR/USD

1

EUR/JPY

1

EUR/CHF

1

GBP/USD

1

GBP/JPY

1

GBP/CHF

1

USD/JPY

1

USD/CHF

1

CHF/JPY

1

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

Your capital is at risk.

Rating

Total cost

$ 0 Commission 0.1

Mobile App
10/10

Min.Deposit

$50

Spread min.

- pips

Leverage max

500

Currency Pairs

40

Trading platforms

Demo
Webtrader
Mt4
STP/DMA
MT5

Funding Methods

Bank Transfer Credit Card Neteller Skrill

What you can trade

Forex

Indices

Actions

Raw Materials

Average spread

EUR/GBP

-

EUR/USD

-

EUR/JPY

-

EUR/CHF

-

GBP/USD

-

GBP/JPY

-

GBP/CHF

-

USD/JPY

-

USD/CHF

-

CHF/JPY

-

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

 

The forex market is very volatile, and due to this reason, it is very vital to have useful applications to help you with the latest news, happenings, trading ideas and signals on how to make profits daily.

Almost all forex brokers have their applications; some of them are very popular among traders today. Other forex trading applications give free, quick access and updates on price quotes, news, and charting. Moving forward, here are the four best applications for forex traders today.

NetDania Stock & Forex Trader

One of the best trading applications today is the NetDania & Forex Trader. This application provides quick updates on forex ‘interbank’ rates and price quotes on different commodities in the market.

Not only that, this application offers the latest news from popular sites such as Market News International and FxWirePro – including streaming charts. The app is easy to use, and it’s versatile. You can also set prices on particular stocks, currency pairs, or commodities. You can also modify the menu as per your very own needs. You can download this application on Android and iPhone smartphones.

Bloomberg Business Mobile Application

The Bloomberg business mobile application offers a wide variety of services, but you need to have an active subscription Bloomberg services. This application is an excellent choice for traders who want to have access and be up to date with current market price data, portfolio tracking tools, and of course, the latest market news.

The menu of this application can be customized, and the application’s Watchlist feature allows forex traders to note their present market positions in commodities, stocks, etc.

Thinkorswim Mobile

TD Ameritrade’s Thinkorswim Mobile stands among the most widely used trading applications by forex traders. This application allows traders to trade currencies, commodities, stocks, futures, and options.

However, using this application gives you the eligibility to watch live charts (the charts streaming) that have lots of known technical indicators.

Furthermore, users of this application also can have up-to-date news on businesses, financial markets, and stream CNBC broadcasts. You can also use this application to track your position, accounts, orders, make changes to trading orders/alerts — all through the app.

The application also has a community feature dubbed ‘myTrade community,’ which helps users connect with other traders around the world. More importantly, users can also try out their particular trading methods with the paperMoney trading simulator function on this application. Thinkorswim Mobile is available on iPhone and Android phones.

 

AvaTrade - Established Broker With Commission-Free Trades

Our Rating

  • Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
  • Awarded Best Global MT4 Forex Broker
  • Pay 0% on all CFD instruments
  • Thousands of CFD assets to trade
  • Leverage facilities available
  • Instantly deposit funds with a debit/credit card
71% of retail investor accounts lose money when trading CFDs with this provider.

 

Trade Interceptor

Lastly, one of the most popular trading applications available on both android and iPhones. This application provides different functions such as the eligibility to trade currency pairs, binary options, and commodity futures. The app is straightforward to use and has an interface that gives quick analysis and technical trading tools.

You can also get access to live, streaming price quotes, and price charts. Trade Interceptor also allows you to set price alerts, news releases, and real-time market news.