The 5 Best Trading Applications For Forex Traders 2019
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The 5 Best Trading Applications for Forex Traders 2019

Estimated Reading Time: 4 minutes

Michael Fasogbon

Updated:


Forex trading is now easy as you can be up to date with market news, quotes, charts, and trading accounts through forex applications.

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

 

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Forex Traders

Almost all forex brokers have their applications; some of them are very popular among traders today.

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.

Other forex trading applications give free, quick access and updates on price quotes, news, and charting. Moving forward, here are the five best apps for forex traders today.

  • 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 the latest market news, market price data, and portfolio tracking tools.

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

  • ForexTime FXTM

ForexTime FXTM is one of the best trading applications out there for forex traders. The application is safe to use foreign exchange trading.  One of the best features of this app is the fact that it is designed for both professionals and beginners.

The flexible leverage in the app allows you to boost your earning potentials. Still, if you want to become a professional in this area, then you can get a wide range of educational materials to learn from.

At the moment, it is possible to have both fixed and variable spreads with this application and withdraw your earnings very fast. Additionally, the software is user-friendly, and it doesn’t clog.

ForexTime FXTM allows traders to trade with millisecond execution rates. It is compatible with all devices.

  • Trade Interceptor

Forex Traders

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.

Trade Interceptor has a plethora of built-in trading tools. It is essential to know that this application is authorized and regulated by the FCA in the United Kingdom. The app can be downloaded on all Android and IOS devices.

  • Stock Trainer

Stock Trainer is the app to use if you want to invest in stocks and financial instruments but scared to do so.  It is essential to know that this application offers a virtual stock-trading experience for every trader.

This application has a wide range of features, and it covers twenty stock markets. It also provides support for stop-loss and Limit orders.

The application is available on Android and IOS devices.

 

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  • MetaTrader 4

MetaTrader 4 has lots of financial instruments plus interactive charts. It also has lots of tools and news for forex traders. With MetaTrader 4, you can switch between different commercial devices.

There is also a plethora of analytical instruments, including Gann, Fibonacci and Elliott tools. The application is available on Android and IOS devices.

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