Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Best Forex Brokers with IOS Trading Apps

The world today is quite interconnected; the Forex market has a major role in daily business. Foreign exchange trade is dominated by big international banks and corporations, which work 24/7 trading and converting international currencies. Each day, companies and investors generate billions through buying and selling currencies. On top of enabling trade between countries, Forex trading has over time become a lucrative investment opportunity.  However, it requires a lot of experience and skills to be in a position to make lucrative Forex trades. This is where Forex trading software and apps come into the picture, to automate this thriving business practice.

Today it is easy to download apps customized for trading in the FX markets on one’s iPhone or iPad via Apple's iTunes. The services accessible range from being able to make a trade, checking whether world currency rates have changed, and discovering updates on market news or macroeconomic releases. There are several financial apps available for iPhone or iPad users, both free of charge and paid for.  For more information on iOS Forex brokers check the table below.

  • Key information
  • Trading
  • Payment systems
  • Trading platforms
  • Trading instruments
  • Support
  • Trading accounts
  • Account settings
  • Spreads
  • Promotion
Filter
Company#LogoForex brokerFoundedRegulatedReviewsPayment systemsBroker type(?)Min. DepositMax.
leverage
Live spread
Interval:
Live
spread
EUR/USD
Live spread
Interval:
Live
spread
GBP/USD
Live spread
Interval:
Live
spread
USD/CHF
Live spread
Interval:
Live
spread
USD/CAD
Live spread
Interval:
Live
spread
USD/JPY
Live spread
Interval:
Live
spread
AUD/USD
Live spread
Interval:
Live
spread
NZD/USD
Live spread
Interval:
Live
spread
EUR/AUD
Live spread
Interval:
Live
spread
EUR/CAD
Live spread
Interval:
Live
spread
EUR/CHF
Accepting US traders?Account
1Forex.combest broker2001
FCA, CFTC

Regulated

47

Payment systems

ECN, MM
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
2eToro2008
ASIC, CySEC

Regulated

60

Payment systems

NDD, STP
50 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
3TD Ameritrade1975
FINRA, SIPC
7
DMA
2000 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
4Saxo Bank199226

Payment systems

ECN, STP
10000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
5IG1974
ASIC, FCA
17

Payment systems

DMA, MM
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
6LMFX2015-26

Payment systems

NDD
50 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
7OANDA1996
ASIC, FCA
25
-0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
8CMC Markets1989
ASIC, FCA
34

Payment systems

NDD, STP
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
9Interactive Brokers1977
FCA, CFTC

Regulated

13

Payment systems

MM
10000 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1
10ActivTrades2001
FCA, CNMV
149

Payment systems

NDD
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
11City Index2001
ASIC, FCA
16

Payment systems

NDD, ECN
250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
12XM.COM2009
ASIC, IFSC

Regulated

80

Payment systems

MM
5 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
13FxGlory2012-22

Payment systems

NDD, MM
1 $1:3000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
14AXITrader2007
ASIC, FCA
14

Payment systems

NDD
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
15XTB.com2002
FCA, CNMV
6

Payment systems

NDD, STP
250 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
16RoboMarkets2012
CySEC
56

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
17RoboForex2009
IFSC
37

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
0 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
18Forex4you2007
FSC
33

Payment systems

NDD, STP
20 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
19NordFX2008
SEBI, VFSC
106

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
20Plus5002008
ASIC, FCA
42

Payment systems

NDD
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
21HYCM1977
FCA
191

Payment systems

MM
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
22FBS2009
IFSC, NAFD
107

Payment systems

ECN, STP
1 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
23FxPro2006
FCA, CySEC

Regulated

185

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
24EXNESS2008
FCA, CySEC
98

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
0 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
25Swissquote1996
FINMA
41

Payment systems

STP
1000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
26FP Markets2005
ASIC, CySEC
21

Payment systems

DMA
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
27FXCM1999
ASIC, FCA
23

Payment systems

NDD
0 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
28AVATrade2006
ASIC, CBI
66

Payment systems

NDD
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
29Admiral Markets2001
FCA, CNMV
25

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
30IQ Option2013
FSA
26

Payment systems

NDD
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
31FxGiants2015
FCA
43

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
50 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
32Vantage FX2009
ASIC
18

Payment systems

ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
33Instaforex2007
RAUFR
99

Payment systems

NDD, ECN
1 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
34Alfa-Forex2016
CBR
18

Payment systems

NDD
0 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
35FIBO Group1998
FSC, CNMV
37

Payment systems

NDD, MM
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
36Alpari1998
IFSC, NAFD
42

Payment systems

ECN
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
37Markets.com2006
CySEC
14

Payment systems

NDD
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
38FXOpen2005
ASIC, FCA
111

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
1 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
39GrandCapital2006-18

Payment systems

STP
10 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
40AMarkets2007
FSA
87

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:3000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
41Dukascopy Bank SA1998
FINMA
17

Payment systems

ECN
1000 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
42Dukascopy Europe2010
FCMC
20

Payment systems

ECN
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
43Just2Trade2006
CySEC
60

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
44DeltaStock1998
BNB
23

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
100 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
45IFC Markets2006
FSC, CySEC
42

Payment systems

STP
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
46HotForex2010
CySEC, FSC
94

Payment systems

NDD
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
47IC Markets2007
ASIC
33

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
48FXDD2002
MFSA
10

Payment systems

NDD, ECN
250 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
49Finpari2013
CySEC
3

Payment systems

NDD, STP
100 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
50AAFX Trading2014
ASIC, FSA
241

Payment systems

NDD, ECN
100 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
51LiteFinance2005-43

Payment systems

ECN
50 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
52BCS Forex2006
FSA
17

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
1 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
53ForexMart2015
CySEC
26

Payment systems

ECN
1 $1:5000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
54Fortrade2013
FCA, FSCS

Regulated

25

Payment systems

-100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
55EasyMarkets2001
ASIC, CySEC
14

Payment systems

MM
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
56Orbex2010
CySEC
33

Payment systems

ECN
500 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
57Hantec Markets2009
FCA
16

Payment systems

NDD
1000 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
58ForexChief2014
VFSC
127

Payment systems

ECN, STP
1 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
59ICM Capital2009
FCA
6

Payment systems

-200 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
60Octa FX2011
FCA, FSA
30

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
61Fort Financial Service2010
IFSC
4

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
62FreshForex2004
KROUFR
86

Payment systems

NDD, MM
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
63NPBFX1996
IFSC
25

Payment systems

NDD, STP
10 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
64BMFN1988
ASIC, FCA
13

Payment systems

NDD, DMA
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
65Core Spreads2014
FCA
20

Payment systems

NDD
1 $1:240N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
66City Index Singapore2006
MAS
5
MM
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
67Degiro2008
BaFin
10
NDD
0 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
68GO Markets2006
ASIC
17

Payment systems

NDD
200 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
69Yadix.com2010
FSC
66

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
70Forex.ee2004
FSA
9

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
71Tickmill2014
FCA, SIBA
12

Payment systems

NDD
25 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
72FXPRIMUS2009
CySEC, VFSC
13

Payment systems

STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
73PSB Forex2016
CBR, NAFD

Regulated

8
NDD
1500 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
74ICE FX2015-11

Payment systems

STP
30 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
75FriedbergDirect2008
IIROC
12

Payment systems

NDD, STP
0 $1:33N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
76TrioMarkets2014
CySEC
12

Payment systems

ECN, STP
500 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
77iOCBCfx2004
MAS
9
NDD
1000 $1:35N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
78UOB Kay Hian2000
MAS
8
NDD
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
79KE Forex1972
MAS
10
NDD
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
80Pepperstone2010
ASIC
17

Payment systems

ECN
200 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
81Haitong2010
MAS
10
NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
82FXCitizen2010
VFSC
12

Payment systems

NDD, ECN
10 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
83Land FX2013
FCA, FSCS

Regulated

12

Payment systems

NDD, ECN
300 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
84PhillipCapital UK1975
ASIC, FCA
9
NDD
200 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
85Ak Investment1996
SPK
13
NDD, DMA

Broker type

  • NDD
  • DMA
  • MM
1000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
86InvestAZ2010
FSP, SPK
10
ECN
100 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
87Corner Trader2012
FINMA
10
MM
1 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
88Abshire-Smith2011
FCA, FSCS
11

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
89ArgusFX2000
CySEC
11

Payment systems

STP
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
90Ayondo2008
FCA, BaFin
11

Payment systems

NDD
100 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
91Bacera2009
ASIC
12

Payment systems

MM
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
92BogoFinance2006
CySEC
12

Payment systems

NDD
100 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
93Capital Index2014
FCA, CySEC

Regulated

5

Payment systems

NDD, STP
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
94CMG2015
ASIC
20

Payment systems

-250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
95Colmex Pro2010
CySEC
16
NDD, ECN
2000 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
96Darwinex2012
FCA
11

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
97eTrader2014
CySEC
12
NDD
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
98Flatex1999
BaFin
11
NDD, MM
0 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
99Fullerton Markets2015
FSP
19

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
100FX882016
CySEC
3

Payment systems

ECN
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
101FXCC-
FCA, CySEC
163

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
102FX Choice2010
IFSC
8

Payment systems

NDD
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
103FxGrow2008
CySEC
7

Payment systems

ECN, STP
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
104GMG Markets2015
FCA
4
NDD, STP
200 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
105HMS Markets1972-4
NDD
1000 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
106Infinox Capital2009
FCA
11

Payment systems

ECN, STP
100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
107iTrader2012
IFSC
5

Payment systems

NDD
250 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
108Mex Exchange2012
ASIC
5

Payment systems

NDD, ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
109FXPCM2007
FSC, DFSA

Regulated

3

Payment systems

NDD, ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
110Rakuten Securities Hong Kong2002
SFC
3
NDD, STP
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
111RietumuFX1992
FCMC
9
NDD
1000 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
112TFI Markets1999
CySEC
5
NDD
50 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
113FinmaxFX2017
CROFR, VFSC
24

Payment systems

MM
250 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
114CommSec1998
ASIC
5
DMA, MM
10 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
115MultiBank Group2005
ASIC
4

Payment systems

ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
116Finam Forex1994
CBR, NAFD

Regulated

5

Payment systems

NDD, DMA
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
117Alvexo2014
CySEC, SIBA
12

Payment systems

ECN
0 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
118AETOS2007
ASIC
8

Payment systems

NDD
250 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
119Key to Markets2010
FCA, FSP

Regulated

9

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
120Trading.com2018
FCA
7

Payment systems

ECN
5 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
121BDSwiss2012
CySEC, FSC
14

Payment systems

ECN
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
122ATC Brokers2005-4
ECN
2000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
123ACY.com2011
ASIC, VFSC
5
ECN, STP
--N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0
124-Capex2018
CFSFA, DMCC

Regulated

4

Payment systems

DMA, MM
50 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0


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5 (1)

Forex brokers with IOS trading aPPS

Over the years, Forex traders were quite accustomed to sitting in front of their desktop computers. However, just like several other industries the Forex trading market has well entered the mobile brigade applications world and since offers traders the convenience of trading on mobile devices such as smartphones and tablets. What was on offer started at a pretty slow pace but it seems as though  Forex brokers and other industry-related businesses are now getting in on the action. This comes as no surprise really because we all love to use our mobile devices for keeping our daily lives on track.

Advantages of Trading on iOS

  • User friendly; FX trading on iOS using apps is quite efficient as one can manage his assets with the aid of simple-to-usee navigational and operational tools. The apps allow you to multi-task and manage several accounts at a go. Many of the iOS apps provide options for being operated in various languages to help facilitate trading for all Forex market investors.
  • It can be used on the move; With mobile share trading, you can now trade on the go from almost anywhere at any time. There is no time or geographical restriction for trading with iOS apps provided you can access a good internet connection. You can access your trading account with real-time alerts from these apps. You can make trading on the go from wherever you are ensuring that you make the purchase and sales at the very best time. In Forex trading every second counts given the volatility of certain market conditions, mobile apps ensure that a trader makes the play at the right time.
  • They are Secure - Apps are sure not to compromise the safety and security of a trader's funds or transaction details. Many are developed with encryptions and firewalls to combat fraudsters and hackers.  As far as the trader's info is concerned they are assured of their safety.
  • Absolute freedom – With the best mobile trading platforms installed on a mobile device you have the freedom to trade Forex whenever and wherever in the world you may be.
  • Flexibility – For many people, trading on the Forex market is a second job, which means the flexibility that mobile trading offers is a big advantage.
  • Expert recommendations – The advice of many expert Forex traders is to take advantage of mobile Forex trading. Many consider it to be the future of Forex trading.
  • Bonuses – Many of the best Forex apps available for download offer some very attractive additional bonuses.
  • Free and easy – If something is free it’s always worth giving it a go, especially as it won’t cost anything if it doesn’t measure or fit up to your standards. Most mobile apps come with free offers to sign up and a trial version.
  • Check for interface -This is so important when you look for the best mobile app for trading. The interface should provide the freedom to operate with multiple languages and to trade on different stock markets. The app should be also customizable so that the end user can customize the same to better match the trading requirements.
  • Professional help offered -Reputable Forex trading and brokerage firms are expected to possess information about various stock trading processes and the advantages of using good trading platforms and mobile apps. It is thus advisable to seek the counsel of a professional trading firm for the trading process to bear fruit. They can advise on which is the best mobile app for trading depending on the trader's needs. Mobile apps bring updates about the stock market to your fingertips to make the right decisions. This assures you with good returns on investment.

Disadvantages of Mobile Trading

There are also growing concerns and reasoning that mobile trading may not be such a great idea after all when it comes to managing trades, the points outlined below should be considered by a trader the next time they reach for a phone to trade.

Small Screen Size and Display

The size of the screen or monitor on the device you use for trading matters a lot.  Some trades even use several large LED display screens. Using a large screen size comes in handy because it has a large display that allows the trader to see my chart. Many traders like using 23" display screens that aren't too small or big but just enough. The LED technology is also a huge plus over older LCDs when it comes to visual fatigue. LED screens allow traders to spend long durations at a go of time monitoring theirs without tiring out their eyes.

If one compares this to the screen on an iPhone. Much as the resolution may be great, the tiny size of the screen is a real hindrance as far as analyzing your charts is concerned. In effect,t a trader may be seeing a great price pattern on their iPhones yet this may not look as good on a desktop and vice versa. For this reason, it is advisable to use an iPad which is much preferred due to the larger screen size. among the benefits of trading raw price action is being able to remove the indicators that clutter your chart. These indicators take up a lot of space on your screen, so removing them allows you to see the entire chart – a huge benefit if you want to trade price action. Using an iPhone to trade Forex makes this impossible. Even if you remove the indicators from your charts, the small screen size will be a limiting factor when it comes to identifying favorable price patterns and trade setups.

It is Prone to Distractions

There is plenty of information and educational materials on what trading strategies work best online. A random internet search with Google will pull up thousands of pages, each one showcasing a different strategy. However, few of these discussions are ever directed at letting traders know what a proper trading environment consists of. Among the most critical elements for a conducive trading environment are sound and sight. When it comes to the environment in which you trade, these are by far the two most sensitive and have the most drastic impact on a trader's performance either positively or negatively. For sound, one needs to listen to either classical music or soft, ambient soundtracks which are similar to the tracks you might hear at a spa. This kind of music helps a trader attain a  relaxed, neutral state of mind so that they can focus on trading. On the contrary when it comes to mobile trading which can be done in a taxi, or a shopping store. Regardless of where it is, the audible and visual distractions are endless. It might be the noise of traffic, people talking, or loud music, all of which will distract you from your primary focus – trading.

Too Convenient for Your Own Good?

The convenience that comes with mobile trading is enticing, many people opt for the apps because they are convenient to access. The mobile trading idea is all set up based on convenience meaning that the trader can easily check in on their positions and get in or out of the market and send pending orders from anywhere at any time. However,r when someone were to consider the extreme ease of the process it makes traders reluctant to take time and make a proper analysis of the market before they enter a trade. This is akin to the fast food of Forex trading which isn't good for the trader's health yet why do they keep consuming it? simply because it's convenient after all we all know that fast food isn't good for us yet it has remained relevant over the years because it's convenient. The fast food companies benefit from selling it more than the consumers when one comes to think about it. But put into context, what if your broker’s mobile trading platform fits a similar mold? What if that platform has been made so convenient that it is detrimental to the health of your trading account?

Not Very Effective

Platforms for mobile access are often generated from platforms written for PCs. You might get the functionality, but you don’t always get comparable performance, especially if the platform developers have not properly optimized their software for use with cell phones. Likewise, PCs still have the edge overall when it comes to convenience in opening a trade. These disadvantages have not deterred a considerable number of traders from adopting the mobile platform for trading Forex. Just be prepared psychologically to deal with the higher probabilities of delayed price feed updates, order execution, and duplication of order submission.

Overtrading

Overtrading is the biggest enemy to Forex traders and this is especially true now that mobile Forex trading is a reality. Having access time to the trading account is both a blessing and a curse for retail traders. Trading has a psychological component that many ignore and great traders can go busted only because of greed and fear, things that do not necessarily relate to a trading setup or rationale. Forex markets spend most of the time in consolidation and some traders, due to human nature, feel the need to be in the market all the time. Only because the market is open doesn’t mean one needs to take a trade.

Examples of iOS Forex Trading Apps

MT4

MetaTrader 4 is the most popular Forex trading platform across the world, so it makes sense to use the same platform when trading from your mobile. Over 300 dodgy trading apps were recently removed from the AppStoree after the Australian Securities and Investments Commission (ASIC) discovered unlicensed operators, so you can rest assured that most available are dependable.  Search for a MetaTrader 4 app that is fully regulated by the ASIC to stay safe. This will allow you to open, edit, and close positions, deal through charts and set stops and limits. Benefit from all the best features of the MT4 desktop from the palm of your hand.

Bloomberg Business

Information and data are key to being successful trading Forex and the Bloomberg Business App offers real-time access to the latest market news. A subscription to Bloomberg services is required but it can be worth it, as the app can be customized to track and analyze current market positions in currencies you trade. Along with portfolio tracking tools, you can stream Bloomberg TV through it as well. It’s up-to-date and compatible with all Apple devices including the iPhone X and Apple Watch 2.

Rate Alerts

There are various add-ons and standalone apps useful for traders. For those using short-term strategies, rate alerts are essential to stay updated with any currency price changes. The likes of XE Rate Alerts provide instant notification when your set currency pairs reach a desired rate, helping you stay on top of things. With certain MT4 mobile platforms, rate alerts and alarms come included as an optional add-on.

Eikon

The Thomson Reuters Eikon app for Apple devices offers more than just the latest market prices. It uses unique data visualizations that use both real-time and historical data and multiple currency pairs and analytics tools to help traders make informed decisions. A messaging community of over 200,000 financial professionals is also connected through the app.

Forex Economic Calendar

Optimized for iOS 11 and regularly updated, the Forex Economic Calendar app is one of the best on the market. Forecasts on currency rate changes based on important upcoming events along with explanations specific to your chosen currencies are provided, leading to a greater understanding. Choose from more than 20 of the most traded currencies to track, including events that may impact upon them in the future.

iOS Forex Brokers

InstaForex

Founded in 2007, InstaForex has grown to become a reputable Forex broker in the world offering Forex, CFDs, and even binary options. The brokerage company offers more than 100 currency pairs and 88 CFDs. Since its inception, the company has accrued more than 7 million clients. It is regulated by the CySEC and is allowed to operate in the European zone. InstaForex is great for novice Forex traders as it allows a minimum deposit of 1 USD. The company also offers news, technical & fundamental analysis, blog posts,s and other types of information to help their clients become better traders.

XM

XM is a firm owned by Trading Point Holdings Ltd, a company that is based in Cyprus. It is a globally renowned firm and one of the primary reasons is because of the number of regulators that regulate it. These include CySec, FCA, ASIC, and even FSP from New Zealand. There are several instruments that investors can trade at XM. These include equity indices, currencies, commodities,s and even precious metals among others. The company offers two types of accounts namely; a micro trading account and a standard account. All of the accounts allow you to trade with a minimum deposit of only $5. It also offers more than 100 financial instruments to choose from with no commissions and hidden charges.