Top Apps for Forex Trading and Analysis

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If you have a smartphone, you don’t have to sit in front of a computer to keep an eye on the markets. Instead, download an app to use on the go. Take a look at these top seven apps for forex trading and analysis.

MetaTrader 5

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MetaTrader 5 is the most popular forex trading platform, and now there’s a mobile version. You can fully manage trade accounts while on the go with this app. This includes looking at your trading history, making transactions, and comparing opportunities on complex charts. Additionally, MetaTrader 5 provides news and alerts to keep you informed of important market events no matter where you are. It’s an excellent app for both forex trading and analysis.

Platforms: Android, Apple, Windows

Cost: Free

TradeInterceptor Forex Trading

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TradeInterceptor Forex Trading is another popular platform for forex trading and analysis. You can choose from several brokers to trade forex, binary options, and commodities all from one interface. This app also gives you access to quotes and charts, trade alerts, and everything you need to be successful in the markets. You can even see Bitcoin prices and charts. The TradeInterceptor app works best on phones with fast data transfers on 4G LTE that have big screens, so you can receive up-to-the-minute info with lightning-speed and easily view and compare data. Smartwatches are not recommended for full features.

Platforms: Android, Apple, BlackBerry, Windows

Cost: Free

Currency Guide by FX

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FX’s Currency Guide is a complete set of tools for traders to analyze the market. You can look at real-time rates and exchanges for over 160 currencies. There are also charts that help you analyze changes for up to five years at a time. One of the best features of the Currency Guide app is the currency game to practice your trading. Users also love the easy-to-use currency converter.

Platforms: Android, Apple, BlackBerry

Cost: Free ($1.49 for full features)

FXCM Trading Station Mobile

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FXCM Trading Station Mobile lets you monitor your account balance and perform a comprehensive range of trading tasks. There are also charts on this app that you can use to help you make decisions with a pinch-and-zoom function. Additionally, FXCM Trading Station Mobile is one of the best apps to use if your smartphone has a small touchscreen. It connects to the fully-featured proprietary desktop version with the same login information.

Platforms: Android, Apple

Cost: Free

Dow Jones Marketwatch

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Dow Jones covers financial news from the stock market to major changes in businesses and the government. With the Dow Jones Marketwatch app, you have access to the news headlines, real-time commentary, and all of the information you could ever need about trade. Most users enjoy the podcasts, charts, and clickable quote data provided by this app. It’s a good companion app for forex platforms.

Platforms: Android, Apple

Cost: Free

SaxoTrader

Image via Play.Google.com

Platforms: Android, Apple

Cost: Free

SaxoTrader is another trading platform you can use on the go. A mobile app by Saxo Bank, it displays live trading bids so what you see is what you get. There is also free market information, charts, and a news feed to keep you updated on the industries where you do business. You can trade futures, stocks, commodities, and forex from several major exchanges. This is a trading tool you don’t want to be without.

OANDA fxTrade

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OANDA was one of the first brokers to create a mobile app for traders, so the organization has had more time to perfect the features of the app. You can navigate through charts, quotes, limits, and account balances with ease. OANDA fxTrade also lets you perform a full range of trading orders while on the go. To use this app, you need a live or practice fxTrade account.

Platforms: Android, Apple

Cost: Free

This is not a complete list of the forex trading and analysis apps that are available to you, but it is a good start to help you with your trading on the go. Keep in mind that many of the apps require memberships, so you’ll have to try several to find the ones that work best for you.

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