Forex trading has become increasingly popular worldwide as a viable investment opportunity. However, as a beginner, finding the right forex broker and app can be a daunting task. With the abundance of forex brokers and apps available in the market, it can be challenging to choose the right one. In this article, we’ll take a look at the top 10 apps for forex trading beginners that can help make the trading process easier and more accessible.
1. MetaTrader 4 and MetaTrader 5
MetaTrader is the most popular forex trading platform, with MetaTrader 4 and MetaTrader 5 being the two most widely used versions. Both platforms offer advanced charting and analysis tools, along with the ability to automate trades with expert advisors. These platforms also provide access to a wide range of trading instruments, including forex, stocks, and commodities. With a user-friendly interface, these platforms are ideal for beginners.
2. MobileTrader App by RoboForex
The MobileTrader App by RoboForex provides access to trading accounts, real-time quotes, and allows you to open and close trades with ease. This app is available on both Android and iOS devices and offers a wide range of trading instruments, including forex, stocks, and commodities. The app is user-friendly and easy to navigate, making it an ideal choice for beginners.
3. Forex Rates App
The Forex Rates App is an essential app for beginners. This app offers real-time forex rates, charts, and economic news, providing a comprehensive overview of the forex market. The app covers all major currencies and offers up-to-date information on currency pairs, making it an excellent tool for keeping track of market trends and making informed trading decisions.
4. Forex Signal App
Forex Signal App provides real-time forex signals and alerts to traders. This app offers a range of technical indicators, including moving averages and Fibonacci retracements, making it an excellent tool for beginners who want to make informed trading decisions. The app also offers a user-friendly interface and is available on both Android and iOS devices.
5. eToro
eToro is a social trading platform that allows users to follow and copy the trades of successful traders. This platform is ideal for beginners as it offers a range of educational resources, including webinars and eCourses. The platform also offers a user-friendly interface, making it easy for beginners to navigate and trade.
6. TradingView
TradingView is a social network for traders that offers advanced charting tools and technical analysis. The platform also offers a range of trading ideas and strategies from other traders, making it an excellent tool for beginners who want to learn from experienced traders. The platform is available on both desktop and mobile devices.
7. IQ Option
IQ Option is a trading platform that offers a range of trading instruments, including forex, stocks, and commodities. The platform offers a user-friendly interface, making it easy for beginners to navigate and trade. IQ Option also offers a range of educational resources, including webinars and video tutorials.
8. Plus500
Plus500 is a trading platform that offers a range of trading instruments, including forex, stocks, and commodities. The platform offers a user-friendly interface and is available on both desktop and mobile devices. Plus500 also offers a range of educational resources, including webinars and video tutorials.
9. XM Trading App
XM Trading App is a mobile trading app that offers real-time quotes, charts, and economic news. The app also offers a range of technical indicators, making it an excellent tool for beginners who want to make informed trading decisions. The app is available on both Android and iOS devices.