Best Mobile/Trading Apps Forex Brokers (Top 10) In 2021
If you are tired of using a desktop or your browser for trading in forex, then it is time you make a switch to mobile trading apps. Almost all leading and big forex brokers these days have trading apps for mobile devices using which clients can get on with their trading activities from the comfort of their homes. However, not all mobile trading apps have similar features or have the same standards. While some forex brokers provide superior trading apps that almost mirror the ones found on desktops, others provide limited features in using which traders may feel frustrated in the long run.
With technology playing an important role in how you trade in the forex world, it has become important for traders to choose a mobile trading platform that is compatible with their devices and meet their requirements comfortably. In using the right tools for trading purposes through your mobile device/apps, you can be sure of not missing out on a single trade. Our experts have done all their research and have come out with a list of the best mobile trading apps that are promising in 2021. Use these apps on your mobile devices and be sure of carrying out the forex trade as you have never done before.
Table of Contents
Best Mobile/Trading Apps Forex Brokers in 2021
Owned by Trading Point Holding, XM is a reputed FX and CFD broker that came into existence in 2009. XM is regulated by IFSC in Belize, ASIC in Australia, and CySEC in Cyprus. Opening a trading account with XM is easy and hassle-free. The trading platforms of XM are fast and user-friendly and come with a wide variety of educational tools and resources. For users who are new to trading, there’s a demo account to take advantage of.
- Easy and fast account opening
- Low withdrawal and CFD fees
- Sapines ad labore duius nunc
- Vast educational tools
- Price alerts
- User-friendly service
- Good customizability
- Inactivity fee
- The search function can be improved
Exness was founded in 2008 and has since then made rapid progress in the financial world. The growth of this company has been so spectacular that it has become a market leader in few regions of the world within a short period after it came into existence. The company is known for its commitment towards providing clients with lots of choices in the currency pairs and low fees. Exness is also well-known for its marketing campaigns and is currently in a sponsorship deal with Real Madrid, a popular football team in the world.
- Tight spreads
- Regulated by both FCA and CySEC
- More than 130 currency pairs across different platforms
- Client funds are kept in segregated accounts
- A variety of deposit and withdrawal methods
- MT4, MT5, Exness Terminal, and Web Terminal platforms
- No multi-currency accounts
- Narrow choice of markets
HotForex has been in the operation since 2010 and enjoys the distinction of serving more than 1,500,000 clients across the world. Its more than 200 employees are scattered across the world assisting clients in solving their problems in 27 languages. In the last few years, HotForex has taken full advantage of massive growth in the forex world and has managed to increase its market share.
- A wide variety of trading tools
- Lots of account types
- Plenty of promotions and bonuses
- Opening an account is simple and hassle-free
- Lots of options for deposits and withdrawals
- Availability of educational resources
- No Islamic account
- No guaranteed stop-loss feature
This St. Vincent and Grenadines-based forex broker has been in the business since 2011 and has the distinction of serving more than 1,500,000 clients based in more than a hundred countries. OctaFX follows STP (Straight-through processing) model in the market and gives a lot of choices for clients through its MT5, MT4, and cTrader platforms. The cost structure of the broker is competitive and is based on a commission-free EUR/USD spread that is 0.4 pips.
- Low minimum deposit
- Well-regulated broker
- In-depth educational tools
- Excellent mobile trading platform
- Lots of asset choices
- Automated trading
- Options for deposit and withdrawals are limited
- US clients are not allowed