Forex apps

13 Forex Apps for Smartphones to Help you in Trading.

Many people have made and lost fortunes by trading on the well known Forex market , and thanks to its success, many developers have created apps for those who want to try their luck at currency exchange. Therefore, those that either want to start learning the Forex trade, or who want to be on top of all the financial news and make quick trades, have at their disposal lots of Forex apps for practically all mobile devices.

These Forex apps for mobile devices come in all shapes and sizes, each bringing new advantages to those that rely on them. If you have used similar services in the past, some of these names will be very familiar, as they are the mobile apps of the respected companies that users have made trades on.

Best Apps for Forex users.

Image Credit: Alphaquantfx.

As mentioned before, there are lots of Forex apps out there. Many of them are available on different platforms, such as Android, iOS, BlackBerry or Windows Phone, which means that practically everyone interested in Forex trading will have the possibility to install them.

Also, keep in mind that some of these apps are specialized in providing one kind of information, and truth be told, it would pretty hard to make one app that would be able to provide everything a Forex trader would need, so if one app does not satisfy your needs, then you might want to look at some others that have other features.

Bloomberg is one of the best known and relied upon sources for financial information of all. Most of the Forex traders that are interested in viewing the latest business news and charts rely on this easy to use app. Its simple user interface and top notch quality have made it a favorite in its field.

Another very respected service that was available for a pretty long time is MetaTrader (Developed by MetaQuotes Software). It’s PC users have always been satisfied with the services’ features and stability, and the mobile apps are living proof that the developers have brought all the functionality of its bigger brothers into the mobile world.

The official Forex app is available for Android and iOS users and it allows them to view rates for over 50 different currencies easily. Its intuitive user interface gives it the advantage, as it is very simple to navigate the app and access all the information that it provides.

Image Credits: Igmarkets.

Another great app for Forex traders is Trade Interceptor. It offers a host of features crafted especially for those who want to do serious trading on Forex or CFD. Its interface is simple to read and it provides live information, graphs and many other tools for analysis.

Scoring a very attractive user interface that is both simple to interact with and provides lots of information, E*TRADE is a very popular app amongst Forex traders. The app features some other tools that might come in handy, such as a voice recorder or a real time list of DJIA, NASDAQ 100 and S&P 500 quotes.

NetDania Forex & Stocks is pretty good app for Forex traders, as it provides real-time stocks value or gold and silver rates. Also, it allows users to view live charts and all of this in a compact, but well designed user interface that works blazing fast and is very reliable.

If you want to trade stocks with the help of a very reliable app that is easy to use and has a awesome looking user interface, then you must try out OANDA fxTrade. The app features live charts, easy buy and sell options and lots of other features that might come in handy to a good Forex trader.

This simple app can come in handy if you ever need a reliable currency converter. Supporting over 160 different currencies, this app can convert from anything to anything else in the blink of an eye. Also, as part of the latest updates, it now supports real-time charts and historical data.

Image Credit: MetaTrader 5.

Apple’s own iTradeMobile app is pretty useful when it comes to Forex trading. It supports up to three CFD and PAMM accounts and it allows users to view real-time data and also buy or sell currency very fast. Being developed by Apple, the app has a premium build and it works flawlessly.

If you plan on having at all times the latest information in the financial world, like live quotes or real-time charts, then you can try out FOREXYARD. This is a very simple to use app that can keep you informed of all the changes between different currencies.

Forex trading is all about anticipating when a currency will be best to buy, so that, in comparison to another currency, you will be able to sell it off for a profit. But knowing when the time is right to make your move is more of an art, and if you know every event and news article about finances and other related areas, you will be able to make great decisions. This app is a great news app for forex Traders.

MBT Mobile is a well known name for Forex traders, as this awesome app allows them to view their account balances easily and also provides top notch information in real time for those who want to be on the lookout for the deal of a lifetime. Also, it allows users to customize what currencies they see, so they can focus on the ones that count.

Even though this app is still in its infancy, it still deserves the attention of interested Forex traders. It features all the ususal features that one might find in any of the other apps, and all of these goodies are wrapped in a very well designed user interface that looks good and moves fast.

Although each of these apps are very well designed and they provide top notch services to all their users, keep in mind that the world of Forex trading is constantly on the move and it pretty hard to get started. Do lots of research before you try to give it a shot.

Also, for those that have been in this business for some time now, they will find these Forex apps very useful, as they provide everything from news to daily currency rates and all kinds of other useful information. If you know other apps that could help Forex traders, leave us a comment and we’ll see to it that it is listed amongst the others.

Guide To Smartphone Forex Apps: Forex Trading And Analysis Apps.

MetaTrader - is the world's most popular broker agnostic forex trading platform that's available for free on the iPhone and Android. The app lets traders view real-time quotes and place orders, as well as utilizing 30 technical indicators, seven time frames and three different chart types to analyze currency pairs.

Forex analysis apps can simplify due diligence and make it easy to accomplish on-the-go for forex traders. From quotes to news to charts, there are many specialty applications that can enhance the built-in functionality seen on many broker apps or forex trading apps.

Best Iphone Apps for Forex Traders.

At the last count, there were over 1 million apps in the app store. The exact numbers are not clear but there’s numerous finance and forex apps to choose from, many of which are free and many of which cost money.

Surprisingly, the free apps are often a lot better than the paid apps. Here are 5 of the best iPhone apps for forex traders:

Bloomberg is one of the top financial news sites in the world and the Bloomberg terminal is what traders at the top of their game rely on for all their news and trading needs. The Bloomberg app delivers up to date market events direct to your phone. Bloomberg are specialists on the financial markets and their free app is the best for news.

Several of the big forex players have their own app but Oanda’s has to be the best for its simplicity and ease of use. The all-black layout makes it super easy to find the markets and charts that you want to trade, and these all link up to your Oanda live or demo account. In fact the demo account on Oanda is one of the best as it has no expiry period. Stop-losses, profit targets and different time frames can all be utilised on screen.

Gorex is another free app for the iPhone. It doesn’t offer trading functionality, instead it provides a graphical representation of a number of forex pairs, indicating their recent movements. The visualisation tree allows you to see just what is going on in the markets at any point in time in a unique and different way.

The app from ForexYard brings the desktop version to the iPhone, it’s an extremely popular interface that does all the things you would expect. Stop-loss orders, real-time quotes, chart indicators and currency overviews are tools that have been made simple and easy to use on the app.

This app costs around $2.50 in the app store although there is also a free version. There aren’t trading facilities on the app but it provides price updates and graphs for over 100 different currencies. That way it’s easy to see what currencies are moving and where they are going.

It is super easy to change currencies and timeframes and to check conversion amounts on the spot. It will also notify you if there have been any drastic changes to the currencies your tracking.

About Author.

You forget possibly the single best Forex news app, Netdania. It also offers price alerts, has institutional banking forecasts, live rates all for no costs. As for charting ability, I would say trade interceptor is the best.

Thanks for your comment. Netdania is certainly one of the best.

I find my MT4 mobile app connected to my broker to be the most useful. It shows my open trades on the charts itself, automatically logs in and easy to trade on.

The other app I’ve used on my mobile for trading is Saxo’s mobile app… terrible.

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Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information.

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