Forex trading has undergone a lot of changes and evolution in the past few years. What started as a complicated trading niche has now expanded and become a lot more accessible to interested traders.
If you are considering venturing into forex trading and using an iPhone, multiple applications can help you work things out in no time at all. Although limited, some of the most functional forex trading apps for the iOS platform are worth looking into.
When paired with a reliable broker like tradenation, nothing can stop you from getting started with forex trading and racking in millions in profits if you do things the right way. We have pretty much shortlisted the best trading apps that we think are worth looking into.
This article will explore the best Forex trading apps for iOS platforms that are comprehensive, easy to use, and for the most part free to use as well. So, let’s get this sorted.
Forex.comIf you are a beginner that doesn’t have a lot of ideas about forex trading and want to venture into forex trading, Forex.com is a pretty great option to consider. It is a highly regarded forex broker known for its competitive features and user-friendly platforms.
One of the highlights of this platform is that it offers the lowest spreads in the market, which makes the profitability a lot more lucrative and worth venturing into. Their mobile application is compatible with both Android and iOS devices.
The mobile app of this forex trading platform offers a wide range of functionalities, including access to a variety of advanced features like news updates, fund management, charting options, etc. This enables the traders to stay connected and make the most out of their forex trading experience without any hassle.
One of the notable features of the FOREX.com mobile app is the ability to create customized dashboards and watchlists. This allows traders to tailor their trading experience according to their preferences and easily monitor the markets they are interested in. Also, the accessibility on the mobile app is pretty convenient too, which makes this a worthy platform to look into.
FOREX.com offers a feature-rich mobile app that allows traders to trade on the go while enjoying the same benefits as the desktop version.
- TD Ameritrade’s Thinkorswim
Next up on the list is TD Ameritrade’s Thinkorswim, which is a subsidiary of TD TD Ameritrade’s mobile platform. The platform is perfect for intermediate traders that don’t have the most advanced skills but are better than beginners.
This mobile app is perfect for versatile traders that want to have access to the best trading instruments like forex, stocks, options, and futures in no time at all. The highlight of this app is the user-friendly UI and the intuitive user interface that’s easy to navigate through.
However, the best feature of TD is the news alerts that keep the traders informed about the latest progress in the trading industry. You can get an idea about the real-time market events before you end up making salient investments in the forex trade.
One of the highlights of this app is the direct CNBC mobile streaming, which allows forex traders to watch the live news from their mobile phones without any compromise at all. It also rallies the news directly to the mobile device and from reliable financial outlets.
If you are a forex trader that’s constantly on the go, we’d recommend you give this app a go. It’s comprehensive and helps you make informed trading decisions to rack in profitable deals in the end.
- eToro
Next up on the list of the best forex trading platforms is eToro, which is another online forex trading platform and mobile application. It deals with the trading of a variety of digital currencies, including Bitcoin, Ethereum, XRP, etc.
Like most of the other forex trader apps, even this one offers real-time execution of market orders, allowing them to take advantage of immediate trading opportunities. It also enables the traders to engage in unlimited withdrawals, providing the traders with the salient flexibility they need to work things out.
Much like the other forex trading iOS apps, even this one offers real-time data and enables the users to keep up with the market trends. It also provides the user access to real-time information about the current state of the market, ensuring that the trader is making informed decisions in the process.
Customized notifications are available for Bitcoin and other cryptocurrencies on a trader’s watchlist. This feature ensures that traders stay informed about important price movements and other relevant updates related to their chosen digital assets.
The traders can also get access to in-depth analysis tools, which can help the forex traders make informed trading decisions in the end.
- Nadex
When it comes to forex trading, Nadex is another popular iOS forex trading platform that’s worth considering. If you are on the go and need access to the latest technical analysis tools needed before finalizing a trade, Nadex is the app for it.
The platform offers account management tools, real-time direct market access, and comprehensive charting and technical analysis features. This allows users to monitor the markets, analyze price movements, and execute trades efficiently from their mobile devices.
One downside with the mobile app that many users often struggle with is switching between chart and order entry tickets. So, navigating through the app and getting accustomed to things and features might take a little more time for first-time traders.
In terms of fees, Nadex charges a fee of $1 per contract, with a maximum cap of $50. This fee structure ensures transparent and straightforward pricing for traders. So, that’s another factor you have to be aware of before you use this app to venture into forex trading.
- IG
Last but not least on the list is IG, which is a forex trading app that’s known for its clean and user-friendly mobile application. The platform offers a variety of features, making advanced and multi-step forex trading orders a lot more simplified.
The app also includes personalized watchlists, which users can customize to track their preferred assets and monitor market movements conveniently. For tablet users, the IG mobile app offers specific interface features that optimize the trading experience on larger screens.
The mobile application is ideal for both beginner and advanced traders, offering the users access to a variety of tools and resources that make the trading experience simplified.
The only downside of this mobile application is the lack of rugged security features, which can affect the user experience to an extent. Traders should consider this when using the app and ensure they have implemented other security measures to protect their accounts.
Conclusion
Finding functional, reliable, and comprehensive forex trading apps for iOS devices can be a little complicated. But we have shortlisted the top options in the list that we think are worth looking into. If you are venturing into forex trading and want to gain exemplary footing in the trading field, these are some of the apps that can simplify the process for you. The only thing we’d recommend you do is to keep a check on the app’s compatibility and the individual features.