In this forex trading guide, we would explore the top 5 best android and ios apps for forex trading. These are some of the biggest apps on app stores and playstore owned by some of the biggest financial companies in the world. Forex trading is the trading and exchange of currencies. The four major currency pairs in forex trading are the EUR/USD, USD/JPY, GBP/USD, USD/CHF. There are other commodity currencies which includes AUD/USD, USD/CAD, NZD/USD. With the right tools and strategies, Forex trading can be a profitable venture. A lot of people and organisations are making profits with forex trading and you can also be part of them.
Forex Trading is based on the difference of the prices of currencies in pairs. Currencies move up or down based on a lot of events like major financial news, world economic news, market crash, etc. A Forex trader should ensure that he or she has access to these news and other forex trading resources like charts, trends, etc. Usually when you are trading with a good trading app, you would have access to a lot of forex trading resources that can help you shape your trading decisions. So its key and vital that you select the best Forex app.
5 Best Forex Trading Apps in 2020
On the top of our list is IQ Option which is one of the most recognized FX Broker and forex trading platform with traders all over the world. IQ Options with their wealth of experience have amassed a lot of loyal traders since their existence. They offer a lot of forex trading features on their app to help their traders plan and analyse during trading. They not only allow you trade forex, but you could also trade stocks and other commodities. They also provide demo accounts for forex beginners.
eToro is one of the biggest forex Trading apps popularly used by a lotof people all over the world. eToro prides itself as the world’s leading trading and investment app. This is a very vast app that offers a very large investment portfolio. It allows you invest not only in Forex, but in other investment portfolios like cryptocurrencies, stoks, ETF and commodities. If you are looking for a versatile app that has a lot of trading resources, then eToto is the best. The app is available both on playstore and appstore. With more than a million installs on Playstore, they boast of a large client who place trade on their platform.
FxPro is also one of the top leading and credible forex trading platform that allows you trade forex all over the world. They pride themselves as a true global forex broker. FxPro has been in existence for more than 16 years and have served more than 160 countries allover the world. they accept popular payment methods like credit, debit cards, wire transfer and other popular payment platforms. Trading on FxPro is very easy, all you need to do is to transfer your funds to your fxpro and then start trading with it.
OctaFx is also one of the top credible forex trading apps that has received awards in various countries. OctaFx simplifies the process of trading foprexand also provides its users with android and ios apps that have beautiful interface. The app also comes with a lot of tools that helps you manage your profile, accounts and portfolio. They also offer a wide range of payment methods for their users. They also offer a demo account for beginners to learn and practice trading before moving to live trading. Another unique feature why a lot of users love octaFx is that they provide comprehensive market insights to help their traders.
FBS.com is also another top reliable forex trading broker. And they are also the official Trading parter for FC Barcelona. They offer a lot of trading investment opportunities and currency pairs. Some of the major features of their app includes multiple payment methods, real time statistics and analysis tools, live currency rates, instant deposits and withdrawal and demo accounts for beginners and newbies. FBS is a global broker can you an do business with in any part of the country.