Forex trading apps make it easy for forex traders to place trades on the go. From proprietary forex broker solutions to broker agnostic apps, forex traders have a wide variety of options available to them when placing trades from mobile devices, like the iPhone or Android.
MetaTrader - is the world’s most popular broker agnostic forex trading platform that’s available for free on the iPhone and Android. The app lets traders view real-time quotes and place orders, as well as utilizing 30 technical indicators. seven time frames and three different chart types to analyze currency pairs.
Trade Interceptor - is another popular broker agnostic forex trading platform that’s available for free on a number of mobile platforms. Like MetaTrader, the app lets forex traders view real-time quotes and place orders. But it also includes unique features, such as the ability to replay historical market movements to practice trading.
Broker Platforms- Many forex brokers offer their own free proprietary forex trading apps that integrate with their platforms. For example, Forex.com recently launched its own FOREXTrader for iPad™ app that provides trading capabilities, advanced charting tools, real-time news and trade ideas and analysis for free to its clients.
SEE: Strategies For Part-Time Forex Traders
Forex Analysis Apps
Forex analysis apps can simplify due diligence and make it easy to accomplish on-the-go for forex traders. From quotes to news to charts, there are many specialty applications that can enhance the built-in functionality seen on many broker apps or forex trading apps.
NetDania Forex — is a popular free provider of streaming currency rates and global stock and commodity data, combining resources from numerous news sources and market indexes. The app also makes it easy to setup price and trend alerts, as well as utilize advanced charting with studies and setup push notifications.
Trade Optimizer — is a paid app that provides 14 vital trading calculators to help forex traders manage risk, determine position sizing and conduct post-trade analysis. For example, the app can quickly tell forex traders anything from trade expectancy to compounding power to see how quickly profits can grow.
DJ FX Trader — is a free app from Dow Jones & Company that provides real-time forex news and market talk to help originate trading ideas, while also providing insight into currency popularity (heat map) and other valuable tools for forex traders.
FX360 — is a free app from FX360.com that enables forex traders to track fundamental and technical data for currencies and global markets. The app features live commentary, technical analysis, charting, an economic calendar and FX news alert capabilities.
Swiss Forex - is a free app from Dukascopy Bank SA that provides a number of tools for forex traders, including live quotes, technical charts, market news, economic calendars, Dukascopy TV, SWFX Sentiment Index, daily highs/lows, movers & shakers, pivot point levels and a forex calculator to make forex trading a lot easier.
SEE: Forex Tutorial: Technical Analysis & Technical Indicators Guide To Smartphone Forex Apps: Forex Education, Signaling And Other Apps
