Thursday, April 12, 2018

Forex Trading App on Smartphones

15 Forex Trading Applications on Smartphones


The forex trading application for iPhone and Android has been popular in recent years to facilitate forex traders to access data in real-time, analyze currency and even trade anytime and anywhere. From platform brokers to educational tools, this article will cover 15 forex applications on free and paid smartphones that can help improve forex traders trading.

Finding and Downloading Apps

Apps for iPhone and Android can be downloaded at their respective app stores and may be used on a number of different hardware devices. IPhone apps can be used on iPhone, iPad, and Mac, in some cases, while Android apps can be used on a variety of devices that support the Google Android operating system.

IPhone apps can be downloaded in the App Store and Android apps can be downloaded from Google Play.

Some forex applications may require Internet access, which is often bundled with smartphones, but may require additional charges for tablets and other devices. Most of the apps featured in this article can work either on wifi or cellular signals, provided Internet access is enabled.

Forex trading application allows forex traders to make transactions on the go. From a proprietary forex broker solution to marketing agnostic applications, forex traders have a wide array of options available to them when placing trading from mobile devices, such as iPhone or Android.

MetaTrader - is the most popular forex broker trading platform in the world available for free on iPhone and Android. This app allows traders to view real-time pricing and real-time quotes, and leverages 30 technical indicators, 7 time frames and 3 different chart types to analyze currency pairs.

Trade Interceptor - is another popular brokers agnostic trading platform available for free on a number of mobile platforms. Like MetaTrader, this app allows forex traders to see real-time deals and place orders. But it also includes unique features, such as the ability to play back the historical market movement to practice trading.

Platform Brokers - many forex brokers offer their own forex trading applications that integrate with their platform. For example, Forex.com recently launched its own FOREXTrader for iPad application that provides trading capabilities, advanced charting tools, news and real-time trading ideas and free analysis to its clients.


Application of Forex Analysis

The application of forex analysis can simplify the feasibility test and facilitate the achievement on the way for forex traders. From excerpts to news to charts, there are many special applications that can improve the default functionality seen in many brokerage applications or forex trading applications.

NetDania Forex - is a free provider for streaming currency and stock data as well as global commodities, combining resources from various news sources and market indices. The app also makes it easy to set prices and trend alerts, and leverage advanced charting with push setup studies and notifications.

Trade Optimizer - is a paid app that provides 14 important trading calculators to help forex traders manage risk, determine position size and perform post trading analysis. For example, an app can quickly tell any forex trader's hopes of trading to add strength to see how quickly profits can accrue.

DJ FX Trader - is a free application from Dow Jones & Company that provides forex news and real-time market discussions to help start trading ideas, while providing insight into the popularity of currencies and other valuable tools for forex traders.

FX360 - is a free application from FX360.com that allows forex traders to track fundamental and technical data for global currencies and markets. This app features live commentary, technical analysis, charting, economic calendar and FX news alert capabilities.

Swiss Forex - is a free application from Dukascopy Bank SA that provides a number of tools for forex traders, including direct quotes, technical charts, market news, economic calendar, TV Dukascopy, SWFX Sentiment Index, daily highs / lows, movers & launchers, pivot point level and forex calculator to make forex trading much easier.

From forex discussion forums to turotial articles, forex articles can give traders easy access ways to learn more on the go. Forex traders can use this resource to learn everything from simple forex basics to complex trading strategies.

BabyPips - provides a free, fun and easy to understand guide for forex beginners to learn how to trade in the forex market. This mobile version of the service provides direct access to the BabyPips.com Forex Forum, where prospective traders go to learn everything from forex psychology to advanced charting techniques.

FX Trader Magazine - is a leading forex magazine published every three months with in-depth macroeconomic reports, fundamental / technical analysis, trading strategy reviews, educational resources, interviews with traders and successful market experts, psychological studies and reviews of tools and resources forex trading sources.

Forex Signal Application

The forex signals application is designed to provide forex traders by buying or selling trading signals, no matter where they place trading. This signal can be very valuable when trying to manage risk and find profitable trading in the forex market. There are many examples of free forex signal service providers on Android such as from Forex Signal 24, Zforex, Market Profit, etc.

FX Trend Radar - is a popular tool for retail traders looking for quick flashes in the forex market from some time frame. Paid apps use easy-to-use detection and dash systems for forex traders to find trends in multiple time frames, from a five-minute graphic to a one-day graph.

FX Retracement Radar - is a popular tool developed by the creators of the Radar FX Trend application, which focuses on identifying technical retracements. Paid applications also include a momentum analysis feature that differentiates retracements with high momentum from normal momentum.

FX Breakout Radar - is the most popular of the three signals forex applications developed by the same company. Forex traders can use this paid app to identify the commonly used channel breaks in the industry. This application provides an easy-to-use interface for identifying in various currency pairs in real-time.

Other apps

There are many other forex applications that traders may want to consider. From the economic calendar to market open / close data, this application can help forex traders stay on top of important information and ensure they place the right trading at the right time.

Forex Hours - is a simple paid app that tells investors when some forex centers around the world are open. traders can use this information to place trading when the best liquidity, and to see which currencies are most likely to be active at what time.

iEconCal - is a paid app that provides a complete economic calendar covering all major economies around the world. Forex traders can use this app to set up alerts when major economic data are released in real-time and keep abreast of information on market movements and currency fundamentals.

Free Forex Bonus Promotion - is a free forex application that provides information on various forex and bonus promotions that are often given by forex brokers to their clients. Examples of forex promotions include No Deposit Bonus, Deposit Bonus, Forex Contest and others. Here you can find it easily, the application can be downloaded here.

Forex applications on smartphones are a great way for forex traders to learn, analyze and trade currencies on the go. 15 forex applications on smartphones covered in this article are some of the most popular apps, but there are hundreds more that provide various services.

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