There are a number of different apps available to traders. Here are some of the best for Android and iOS: Plus 500, eToro, IG trading suite, TD Ameritrade, and the new MetaTrader 5. All of them offer powerful and useful features, but which one is best for you? Read on to find out! And don't forget to share your thoughts in the comments section below! You'll be glad you read this article!
Plus 500
The Plus500 trading platform has a wide range of features that make it easy to use. It also offers several methods for deposit and withdrawal. You can use bank transfer, debit/credit card, and electronic wallet to make deposits. This platform does not charge any fees for deposits. Plus500 accepts a variety of currencies. In addition to USD, GBP, EUR, and JPY, you can also trade in HUF, CAD, SEK, NOK, and SGD. Depending on your needs, you can also choose from various trading accounts.
Plus500 offers 24 hour customer support, which is more than most brokers. Their customer support is multilingual and based in the UK and Australia. Its website supports 32 languages, which allows people to use it from different countries and have more options in terms of payment. The customer support staff works to ensure that your accounts do not lose money, and are ready to assist you at any time. This is a great feature for any trader.
In addition to an easy-to-use platform, Plus500 also features educational tools. It offers a demo account for beginners, which is ideal for learning the ins and outs of trading. You can also view and read a Key Information Document (KID), which outlines the risks involved in trading. The platform also has several videos that teach new users how to use the platform. They can learn more about trading conditions and learn how to use the conditional orders.
The Plus500 WebTrader features an easy-to-use interface and two-step logins. The web platform also offers reports for historical transactions, positions, and fees. It also offers notifications triggered by price moves. The mobile app also offers most of the tools that the web version offers, like the search module and account history. However, it lacks advanced charting tools and a wide range of trading features. For experienced traders, this app may not be the best option.
eToro
eToro has developed a mobile app that makes it easy to trade the forex market from your phone. It offers access to dozens of currency pairs, competitive spreads, and leverage on major, minor, and exotic pairs. All these features make it easy to make profits using this mobile application. The app's simplicity is an attractive draw, and it is designed to make trading easy for anyone. You can also view real-time pricing charts and view dozens of currencies, including the Japanese yen and the Australian dollar.
eToro's mobile app is geared toward beginners and offers commission-free forex trading. Although it is more suited to beginning traders, it does have some features that more experienced traders may find useful. For example, the application's mirroring feature allows you to copy the trade positions of experienced investors, which can be a great way to earn passive income while trading. eToro is fully regulated by the CySEC and FCA and partnered with FSCS and ASIC to provide consumers with financial security and protection.
The eToro app is completely free to download and works on both Android and iOS smartphones. It supports dozens of currency pairs, including cryptocurrencies, emerging currencies, and stocks. You can open a demo account without registering. Moreover, you can view the currency suite and learn the trader's history. Unlike some other apps, eToro offers commission-free trading on almost 45 currency pairs.
In addition to its free platform, eToro also features a social trading system that allows you to invest in eToro traders and receive proportionate trades in return. Although the forex trading market is dominated by speculators, the eToro app allows users to use it on their smartphones without paying any fees. Aside from free forex trading, eToro is also compatible with Android and iOS phones, so you can make decisions on whether or not to use it.
IG trading suite
IG offers users a variety of tools to manage risk. These include advanced charting tools like autochartist and PIA first. They also offer a technical analysis research tool and economic calendar, which can be easily accessed from the sidebar. Traders can also use the IG community to access curated content that includes user stories and educational articles. With IG, a trader can learn about the latest trends and currency markets without the need to visit the IG trading website.
IG has been in business for 46 years, and is listed on the London Stock Exchange. They operate out of 16 countries and have won numerous awards for their high quality services. Setup is very easy, as the company has a form that asks about your trading experience. After submitting it, your account is verified almost instantly. If you are a high volume trader, you may want to consider hiring an account manager.
Another great feature of IG is the extensive list of tradable assets and tools. This app is very easy to use, and is similar to the desktop version. It does not offer touch ID or two-factor authentication, but that does not mean that the app is not suitable for beginners. The app also offers a range of tools and features that can be helpful to traders of all levels. While IG may be a bit overwhelming for beginners, seasoned traders will find it easy to use.
IG offers a range of assets, from digital options to binary equity options. It also offers share dealing, as well as trading in bonds, futures, and ETFs. It offers competitive leverage in these sectors, and its retail clients are given a maximum leverage of 30:1. However, if you're a more experienced forex broker, you'll likely need higher leverage. However, this is a minor inconvenience compared to the other three options.
TD Ameritrade
If you're looking to trade forex, you may want to use the TD Ameritrade forex trading app. This mobile app allows users to trade stocks, complex options, futures, and forex. You can also chat and share your screen with TD Ameritrade's trading specialists. You can also watch a variety of programming through their TD Ameritrade Media Production Company, including CNBC and TD Ameritrade Network. These programs offer in-depth company profiles and streaming content.
Using TD Ameritrade's app for forex trading is easy, and the company's live brokers are trained to give you the best advice. You can chat with a live broker at any time, and the app also offers two-factor authentication and biometric fingerprint scanners for extra security. You can even use facial recognition to identify yourself, and your account is insured by London insurers. You'll have to answer security questions when opening a trading account, but once you've answered these questions, the app is easy to use.
Using the TD Ameritrade forex trading app is easy, and the interface is user-friendly. It lets you submit a limit order, market order, or trailing stop order. It also allows you to enter advanced orders with triggers. And, TD Ameritrade's customer support is second to none. If you have a question, you can contact a live forex representative or visit any of their 250 branch locations nationwide.
In addition to providing powerful trading tools, TD Ameritrade has an extensive array of other services for its customers. You can open an account on the site, research different investments, and place trades. You can even access a range of tools and educational articles on various topics. And TD Ameritrade also offers a Robo advisor service. This is ideal for new traders. These trading apps can be used by both professionals and novices alike.
Oanda
Oanda is an online broker that is regulated by the Financial Conduct Authority and the Australian Securities and Investment Commission. Their revenue comes from commission fees, spreads, and other forms of trading. They accept several methods of deposit and withdrawal, including credit/debit cards, bank transfers, and PayPal apps. Users can also fund their accounts with PayPal accounts and local payments. There is no phone support or live chat on Sundays.
Signing up for an Oanda account is easy. It consists of four steps, including setting a username and password, providing your contact information, and submitting a photocopy of your social security card or recent utility bill. Once you've submitted these documents, you can access the Oanda website. Click on the 'Start Trading' button. Once you've done this, you'll be able to trade with your Oanda account.
Oanda offers extensive research materials.forex broker The content ranges from written articles to digital collections. It covers everything from news and reports to video tutorials and expert analysis. There's even an economic calendar and two-step authentication. The Oanda trade web is simple to use, with multiple trading options and helpful information. The Oanda trade web allows you to make trades directly from your charts. A variety of languages are supported, and you can customize the interface according to your needs.
The Oanda app also makes it easy to trade charts and make use of indicators, price overlays, and other tools. The app's economic calendar and financial announcements are also helpful and updated frequently. Compared to other forex websites, Oanda charges lower commissions for trading and requires only a small fee for the use of its spreadsheet. Its commissions are lower than the competition, and its average noncore pricing is only 1.2 pipes in EUR and US. Oanda is also known for making more profits on trader losses than any other forex website.