The best Forex brokers for mobile trading are XTB, IG, Pepperstone, and AvaTrade.
The most important criteria to evaluate the best Forex broker for mobile trading are app usability and features (charts, alerts, news), pricing (tight spreads/low fees), regulation and safety, and education/demo availability.
XTB is the best mobile trading Forex broker overall, thanks to offering a robust and intuitive xStation 5 app with advanced charts and alerts, competitive EUR/USD spreads around 1.0 pip, strong multi-jurisdiction regulation, and integrated education, plus a free demo account.
IG, Pepperstone, and AvaTrade are the top mobile trading Forex brokers for app quality, competitive pricing, strong regulation, and robust education/demo tools after XTB. IG features excellent mobile apps with advanced charting and alerts, tight EUR/USD spreads near or below 1.0 pip, multi-jurisdiction regulation, and robust demos/education. Pepperstone provides excellent mobile apps with advanced charting and alerts, tight EUR/USD spreads near or below 1.0 pip, multi-jurisdiction regulation, and robust demos/education. AvaTrade includes excellent mobile apps with advanced charting and alerts, tight EUR/USD spreads near or below 1.0 pip, multi-jurisdiction regulation, and robust demos/education.
Some of the leading mobile-focused providers (IG, Pepperstone, and AvaTrade) are also regarded among the best Forex brokers in the world thanks to low trading costs, reliable execution, and strong multi-jurisdiction regulation.
XTB
(Best Forex trading app overall)
XTB is the best Forex trading app thanks to its xStation 5 mobile app, integrated streaming news and economic calendar, and in-app traders sentiment readouts. XTB is an exceptional choice for in-app education and sentiment-driven decision-making because xStation 5 embeds long-form lessons and shows the % of traders long and short per instrument, letting other traders learn and gauge market bias directly from the chart instead of switching to separate education or sentiment tools. XTB’s xStation 5 mobile app helps traders stay focused on trading by unifying research, charting, and one-tap order entry into a single, continuous workflow on the same screen.
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XTB Features
The features of XTB are listed below.
- XTB’s xStation 5 mobile app mirrors the web platform with streaming news, an economic calendar, predefined watchlists, and client sentiment.
- XTB’s mobile charts support one-click trading and chart trading with saved drawings and quick indicator management.
- XTB integrates long-form education videos inside the app for on-platform learning.
- XTB no longer offers MT4 or MT5 and focuses fully on the xStation 5 ecosystem.
- XTB average EUR/USD spread is about 1.0 pip on the standard account with no extra commission.
- XTB minimum deposit is $0 with typical starters around $250.
XTB Pros and Cons
Advantages of XTB
The advantages of XTB are listed below.
- No minimum deposit
- Wide selection of assets
- Competitive trading costs
Disadvantages of XTB
The disadvantages of XTB are listed below.
- Small withdrawal fee
- No social or copy trading
- XTB demo account is limited to 30 days
About XTB
XTB is a global forex and CFD broker founded in 2002 and headquartered in Poland. XTB offers trading on over 2,000 instruments including currencies, stocks, indices, commodities, and cryptocurrencies. XTB provides the proprietary xStation platform and is regulated by multiple authorities including FCA, CySEC, and KNF. XTB is listed on the Warsaw Stock Exchange and serves over 897,500 clients worldwide. The XTB CEO is Omar Arnaout since March 2017.
IG Markets
(Best Forex trading app for asset variety)
IG Markets is the second best Forex trading app due to the IG Trading app, 17,000+ mobile-tradable markets, and integrated Reuters news with an economic calendar. IG Markets is an exceptional option for mobile research and market coverage since the app pairs advanced charts and price alerts with direct trading across a vast multi-asset universe, letting you trade forex, major indices (e.g., FTSE 100), individual shares (e.g., Apple), and commodities (e.g., gold) from the same interface. The IG Trading app by IG provides traders with timely news and event-driven notifications so they can react quickly to data releases, earnings announcements, and sudden price spikes without watching the markets 24/7.
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IG Markets Features
The features of IG Markets are listed below.
- IG’s mobile trading app offers advanced interactive charts, drawing tools, and technical indicators in a beginner-friendly layout.
- IG’s app integrates Reuters news, an economic calendar, customizable watchlists, and price alerts.
- IG supports MetaTrader 4 mobile and TradingView connectivity alongside the IG Trading app.
- IG typical EUR/USD spread is around 0.6 to 0.8 pips on the standard account with no commission.
- IG minimum deposit is $0 for most accounts.
- IG demo account provides £10,000 virtual funds with no time limit.
IG Markets Pros and Cons
Advantages of IG Markets
The advantages of IG Markets are listed below.
- Low spreads from 0.6 pips on Forex
- Wide range of financial instruments
- 40 years of experience in the Forex industry
Disadvantages of IG Markets
The disadvantages of IG Markets are listed below.
- No copy trading features
- No social trading features
About IG Markets
IG Markets is a global online trading provider founded in 1974, offering access to over 17,000 financial markets including forex, stocks, indices, commodities, and cryptocurrencies. IG Markets provides proprietary trading platforms alongside MetaTrader 4 and ProRealTime. IG Markets is regulated by multiple top-tier authorities worldwide, including the FCA and ASIC. IG Markets is known for competitive spreads, extensive educational resources, and innovative features like weekend trading. The IG Markets’ parent company “IG Group” CEO is Breon Corcoran.
Pepperstone
(Best Forex trading app for platform flexibility)
Pepperstone is the third best Forex trading app through its multi-platform mobile lineup (MT4, MT5, cTrader, TradingView, and Pepperstone’s own app), synced watchlists and price alerts, and one-tap “close all” plus drag-and-drop orders on charts. Pepperstone is an exceptional option for flexible mobile workflows, since you can choose the app that fits your needs and move between platforms while keeping your watchlists and price alerts synced. Pepperstone’s wide range of trading apps helps traders choose the perfect platform that truly suits their trading needs, covering different execution styles and levels of charting sophistication so you can match the app to how you trade.
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Pepperstone Features
The features of Pepperstone are listed below.
- Pepperstone offers a proprietary mobile app plus full support for MT4, MT5, cTrader, and TradingView mobile.
- Pepperstone’s app includes one-tap close-all positions and drag-and-drop order placement on charts.
- Pepperstone syncs watchlists and price alerts across devices and platforms.
- Pepperstone Standard account EUR/USD spread averages about 1.0 to 1.1 pips with no commission.
- Pepperstone Razor account offers raw spreads near 0.0 to 0.3 pip with about $7 per lot round-turn commission for roughly 0.7 pip all-in.
- Pepperstone minimum deposit is $0 after removing the former $200 requirement.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,10 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
AvaTrade
(Best Forex trading app for fixed spreads)
AvaTrade is the fourth best Forex trading app because of the AvaTradeGO app with Trading Central signals, AvaProtect trade-loss coverage, and companion apps AvaOptions and AvaSocial. The AvaTradeGO app with Trading Central signals at AvaTrade establishes it as one of the outstanding options for signal-assisted and risk-managed mobile trading. AvaTradeGO suggests trade ideas (with TP/SL) and lets you buy loss protection for a defined time window directly from the ticket, so you can see the potential risk and protection cost before placing the trade. AvaProtect protects traders from sharp market moves during the covered period by covering eligible losses on the protected trade beyond the small fee you pay for that protection.
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AvaTrade Features
The features of AvaTrade are listed below.
- AvaTrade’s AvaTradeGO app integrates Trading Central signals with suggested take-profit and stop-loss levels.
- AvaTrade’s AvaTradeGO features AvaProtect to purchase loss protection on trades.
- AvaTrade offers the AvaOptions app for FX options and the AvaSocial app for copy trading.
- AvaTrade supports MT4 and MT5 alongside its proprietary platforms.
- AvaTrade minimum deposit is $100 for live accounts.
- AvaTrade typical EUR/USD spread is about 0.9 pips on the standard account with no commission.
AvaTrade Pros and Cons
Advantages of AvaTrade
The advantages of AvaTrade are listed below.
- Tight fixed spreads from 0.6 pips (0.9 pips for retail traders)
- The mobile apps are well designed
- Can be connected to ZuluTrade and Duplitrade
Disadvantages of AvaTrade
The disadvantages of AvaTrade are listed below.
- High inactivity fees
- The demo account is limited to 30 days
About AvaTrade
AvaTrade is a global forex and CFD broker founded in 2006 and headquartered in Dublin, Ireland. AvaTrade offers trading on currencies, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies. AvaTrade provides proprietary platforms alongside MetaTrader 4 and 5. AvaTrade is regulated by multiple authorities including CySEC, ASIC, and FSA. AvaTrade serves over 300,000 clients worldwide. AvaTrade is known for competitive spreads and extensive educational resources. The AvaTrade CEO is David Dryzin since 2016.
eToro
(Best Forex trading app for copy trading)
eToro is the fifth best Forex trading app due to its social-first mobile app, CopyTrader and CopyPortfolios automation, and a $100,000 virtual portfolio for practice. eToro is an excellent choice for social copy trading. It allows you to mirror top investors and use market-specific feeds to see commentary, trade rationales, and sentiment around each asset you follow. eToro’s social-first mobile app helps traders with diversification and time saving by automating position management across copied portfolios in markets like Forex, indices, stocks, and cryptocurrencies, so your portfolio updates automatically whenever your chosen investors open, adjust, or close trades.
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eToro Features
The features of eToro are listed below.
- eToro’s mobile app centers on social trading with CopyTrader and CopyPortfolios.
- eToro provides ProCharts with real-time quotes and basic technical indicators.
- eToro offers a virtual portfolio with $100,000 for unrestricted practice.
- eToro uses a proprietary platform only and does not support MT4 or MT5.
- eToro minimum deposit typically starts at $50 in many regions.
- eToro EUR/USD spread is usually 1.0 to 1.5 pips with a 1.0 pip minimum and no commission.
eToro Pros and Cons
Advantages of eToro
The advantages of eToro are listed below.
- Great copy trading and social trading features
- Wide range of asset classes
- It allows to buy fractional stocks from $10
Disadvantages of eToro
The disadvantages of eToro are listed below.
- The eToro spreads can be high
- Offers only USD accounts
- Transferring cryptocurrencies to other platforms can be hard
About eToro
eToro is a global multi-asset investment platform founded in 2007, offering trading on stocks, ETFs, Crypto CFDs, commodities, and forex. eToro provides a proprietary web and mobile platform with social trading features. eToro is regulated by multiple authorities including FCA, ASIC, and CySEC. eToro is known for its user-friendly interface, copy trading functionality, and commission-free stock trading. eToro serves over 30 million users worldwide. The eToro CEO and co-founder is Yoni Assia.
Saxo
(Best Forex trading app for advanced order control)
Saxo is the sixth best Forex trading app for its SaxoTraderGO mobile app, 40,000+ instruments accessible on the phone, and advanced charting with professional order types (such as OCO, trailing stops, and IOC). Saxo is a great option for multi-asset trading on mobile since SaxoTraderGO mirrors desktop-grade research, alerts, and complex orders in a clean interface that’s optimized so active traders can quickly switch between analysis, watchlists, and order tickets on a small screen. The SaxoTraderGO mobile app provides traders with cross-asset portfolio control from a single app, so you can view, hedge, and rebalance forex, stocks, and other instruments together instead of logging into multiple platforms.
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Saxo Features
The features of Saxo are listed below.
- Saxo’s SaxoTraderGO mobile app delivers near-desktop functionality with advanced charting and numerous indicators.
- SaxoTraderGO supports complex order types, price alerts, and access to over 40,000 instruments on mobile.
- Saxo focuses on proprietary platforms and does not offer MT4 or MT5.
- Saxo Classic account has a $0 minimum deposit requirement.
- Saxo Classic EUR/USD spread is around 1.1 pips with tighter tiers for larger balances.
- Saxo is a licensed Danish bank regulated by multiple Tier-1 authorities.
Saxo Pros and Cons
Advantages of Saxo
The advantages of Saxo are listed below.
- Regulation and Trust
- Extensive Product Range
- Advanced Trading Platform
Disadvantages of Saxo
The disadvantages of Saxo are listed below.
- High Minimum Deposits for Premium Accounts
- Lack of Spread Betting Options
- Custody Fees in Certain Regions
About Saxo
Saxo is a Danish investment bank and online trading platform founded in 1992. Saxo offers trading in forex, stocks, CFDs, futures, options, and other financial instruments across global markets. Saxo provides proprietary trading platforms and white-label solutions for institutional clients. Saxo is regulated by multiple authorities including the Danish FSA and UK FCA. Saxo serves retail and institutional clients in over 170 countries. The Saxo CEO and co-founder is Kim Fournais.
Forex.com
(Best Forex trading app for TradingView charting)
Forex.com is the seventh best Forex trading app thanks to its proprietary mobile app with TradingView charts, integrated news and economic calendar, and seamless switching between Standard and RAW/Commission accounts. The proprietary mobile app of Forex.com helps traders with consistent analysis and order entry by keeping research, charts, and tickets in one workflow, so you can move from chart analysis to placing or modifying orders without changing apps or layouts. Forex.com is a strong choice for beginner active mobile traders because the app combines the famous TradingView charting with fast execution across 90+ currency pairs and CFDs, giving new traders a familiar interface and plenty of markets to practice on as they gain experience.
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Forex.com Features
The features of Forex.com are listed below.
- Forex.com’s mobile app mirrors the web platform with advanced charting, drawing tools, and an economic calendar.
- Forex.com app allows access to Standard and Raw Pricing accounts within the same interface.
- Forex.com integrates TradingView so clients can trade from TradingView charts.
- Forex.com minimum deposit is $100 for a live account.
- Forex.com Standard account EUR/USD spread typically ranges from 1.0 to 1.2 pips.
- Forex.com fully supports MT4 and MT5 for mobile and desktop.
Forex.com Pros and Cons
Advantages of Forex.com
The advantages of Forex.com are listed below.
- Regulatory Assurance
- Low Forex Fees
- Comprehensive Educational Resources
Disadvantages of Forex.com
The disadvantages of Forex.com are listed below.
- Limited Product Portfolio
- Higher Spreads on Standard Accounts
- No Guaranteed Stop-Loss Orders for U.S. Clients
About Forex.com
FOREX.com is a global forex and CFD broker founded in 2001, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. FOREX.com provides proprietary platforms alongside MetaTrader 4 and 5. FOREX.com is regulated by multiple top-tier authorities including FCA, ASIC, and CFTC. FOREX.com is known for competitive spreads, fast execution, and extensive educational resources. FOREX.com serves over 450,000 clients worldwide. The FOREX.com’s parent company “StoneX Group Inc.” CEO is Sean O’Connor.
CMC Markets
(Best Forex trading app for technical analysis)
CMC Markets is the eighth best Forex trading app due to its Next Generation mobile app, 80+ technical indicators with web-parity charting, and built-in client sentiment and pattern tools. The Next Generation mobile app of CMC Markets places it among the solid options for mobile charting depth. The app delivers near-desktop functionality, including advanced orders and synced layouts, and typical EUR/USD spreads sit around 0.65–0.7 pips on standard accounts, helping keep overall trading costs competitive. The Next Generation mobile app of CMC Markets helps traders with detailed analysis on the go, so you can run multi-indicator chart setups, scan for patterns, and manage orders from your phone without needing to open the desktop platform.
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CMC Markets Features
The features of CMC Markets are listed below.
- CMC Markets’ Next Generation mobile app delivers advanced charting with dozens of indicators and drawing tools.
- CMC Markets app syncs with the web platform and includes client sentiment, price alerts, and rich research.
- CMC Markets app supports complex order types and price depth comparable to desktop.
- CMC Markets has no minimum deposit requirement for standard accounts.
- CMC Markets typical EUR/USD spread is about 0.65 to 0.7 pips on the standard account.
- CMC Markets offers MT4 as an alternative with a reduced product range.
CMC Markets Pros and Cons
Advantages of CMC Markets
The advantages of CMC Markets are listed below.
- Regulatory Trust
- Low Trading Costs
- Extensive Trading Platform
Disadvantages of CMC Markets
The disadvantages of CMC Markets are listed below.
- Complex Fee Structure
- Limited Funding Options
About CMC Markets
CMC Markets is a global online financial trading company founded in 1989 and headquartered in London. CMC Markets offers trading on forex, indices, commodities, cryptocurrencies, and shares through CFDs and spread betting. CMC Markets provides proprietary and MetaTrader platforms for desktop, web, and mobile. CMC Markets is regulated by multiple authorities including FCA, ASIC, and BaFin. CMC Markets is listed on the London Stock Exchange. The CMC Markets CEO is Lord Peter Cruddas.
Plus500
(Best Forex trading app for CFD trading)
Plus500 is the ninth best Forex trading app because of its streamlined mobile app, quick order tickets with clear risk controls (including guaranteed stop-loss where available), and typical EUR/USD spreads around 0.8–1.0 pips. Plus500 is a very good option for straightforward mobile trading since the app prioritizes fast, simple execution and essential alerts over complex toolsets, making it easier for newer traders to focus on price, position size, and risk rather than learning advanced features. Plus500’s streamlined mobile app makes the trading experience more accessible and less chaotic, by keeping order entry and risk settings concise and transparent on one screen, where stop-loss, take-profit, and guaranteed stop options (where available) are clearly displayed.
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Plus500 Features
The features of Plus500 are listed below.
- Plus500’s proprietary mobile app emphasizes a clean interface and fast, simple order entry.
- Plus500 app provides price alerts and supports guaranteed stop orders in some regions.
- Plus500 uses only its proprietary platform and does not offer MT4 or other third-party platforms.
- Plus500 minimum deposit is around $100 depending on region and payment method.
- Plus500 EUR/USD spread is typically 0.8 to 1.0 pips with no commissions.
- Plus500 demo account is unlimited and free to use.
Plus500 Pros and Cons
Advantages of Plus500
The advantages of Plus500 are listed below.
- Well-regulated CFD provider
- Over 2000 tradable CFDs
- Unlimited demo account offered
Disadvantages of Plus500
The disadvantages of Plus500 are listed below.
- Limited Regulatory Protections for Professionals
- Inactivity fees
- Limited deposit methods
About Plus500
Plus500 is a global fintech company founded in 2008, offering online Futures trading services in different markets such as Agriculture, Cryptocurrencies, Metals, Commodities, Forex, Interest Rates, Energy and Equity Indices. Plus500 provides proprietary web and mobile trading platforms. Plus500 is regulated by multiple top-tier authorities including FCA, ASIC, and CySEC. Plus500 is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The Plus500 CEO is David Zruia since April 2020.
Oanda
(Best Forex trading app for nano lot sizing)
Oanda is the tenth best Forex trading app through the OANDA Trade mobile app with TradingView-powered charts, unit-based sizing down to 1 unit, and a $0 minimum deposit. Oanda is a good choice for precision risk control on mobile because the app lets you scale positions exactly to your account size and combine analytics, news, and orders in one place, which helps ensure your position size, stop-loss level, and account balance all line up with the risk per trade you intend to take. The OANDA Trade mobile app of Oanda helps traders with fine-grained position sizing, so you can trade in very small increments (down to a single unit) instead of being forced into fixed lot sizes that might be too large for your account.
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Oanda Features
The features of Oanda are listed below.
- OANDA Trade mobile app integrates TradingView charts with extensive indicators and drawing tools.
- OANDA app allows custom trade sizes down to single units due to OANDA’s flexible lot sizing.
- OANDA supports MT4 and MT5 in addition to the proprietary OANDA Trade app.
- OANDA has a $0 minimum deposit policy for standard accounts.
- OANDA standard EUR/USD spread averages about 1.2 pips on spread-only pricing.
- OANDA Core Pricing account is available in some regions at roughly 0.7 pips all-in including commission.
Oanda Pros and Cons
Advantages of Oanda
The advantages of Oanda are listed below.
- Comprehensive Platforms
- Robust Education
- Highly Regulatory Trust
Disadvantages of Oanda
The disadvantages of Oanda are listed below.
- Higher Spreads
- Proprietary Platform Limitations
- Inactivity Fees
About Oanda
OANDA is a global multi-asset broker founded in 1996, offering trading on forex, CFDs, commodities, indices, and cryptocurrencies. OANDA provides proprietary platforms and API solutions. OANDA is regulated by multiple authorities including FCA, ASIC, and MAS. OANDA is known for competitive spreads, fast execution, and currency data services. OANDA serves both retail and institutional clients worldwide. The Oanda Chief Executive Officer is Gavin Bambury since August 2019.
Comparison of the best forex trading apps
The table that compares the best forex trading apps is shown below.
| Broker | Supported mobile trading platforms | Demo account access | Technical analysis tools | Copy trading integration | Risk management tools |
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| XTB | xStation 5 (proprietary); no MT4/MT5 | Yes; free demo (balance N/A; time N/A) | Advanced charting with indicators and drawing tools; sentiment and news | None | Standard SL/TP; one-click trading; no extras mentioned |
| IG Markets | IG Trading app (proprietary); MT4; TradingView integration | Yes; $10,000 virtual funds; no time limit | Advanced charts with many indicators and drawing tools | None | Price alerts; standard SL/TP |
| Pepperstone | Pepperstone app (proprietary); MT4; MT5; cTrader; TradingView | Yes; free demo (details N/A) | Proprietary app moderate; MT4/MT5/cTrader/TradingView offer advanced charting | Yes; Myfxbook AutoTrade, DupliTrade (third-party) | Standard SL/TP; “close all” shortcut |
| AvaTrade | AvaTradeGO; MT4; MT5; AvaOptions; AvaSocial | Yes; $10,000 virtual funds; 21 days (extendable) | Good charting with Trading Central signals; feature-rich | Yes; AvaSocial, ZuluTrade, DupliTrade | AvaProtect loss protection; standard SL/TP |
| eToro | eToro app (proprietary only) | Yes; $100,000 virtual funds; unlimited | Basic to moderate charts (ProCharts); simplicity focused | Yes; CopyTrader, CopyPortfolios | Standard SL/TP; no advanced order types |
| Saxo | SaxoTraderGO (proprietary); no MT4/MT5 | Yes; $100,000 virtual funds; 20 days | Advanced charting with many indicators and drawing tools | Yes; strategies marketplace/copy trading | Multiple order types and price alerts; no special protections mentioned |
| FOREX.com | FOREX.com app; MT4; MT5; TradingView integration | Yes; $50,000 virtual funds; 30 days | Advanced charting; TradingView charts available | None mentioned | Standard SL/TP; price alerts |
| CMC Markets | Next Generation app; MT4 (alternative) | Yes; $10,000+ virtual funds; time limit N/A | Advanced charting (80+ indicators, drawing tools) | Limited third-party integrations (region dependent); not core | Advanced order types; standard SL/TP |
| Plus500 | Plus500 app (proprietary only) | Yes; $40,000 virtual funds; unlimited | Basic charts and indicators; essentials only | None | Guaranteed stop-loss orders (availability varies); standard SL/TP |
| OANDA | OANDA Trade app (with TradingView charts); MT4; MT5; TradingView integration | Yes; unlimited; virtual balance flexible/top-ups | Advanced TradingView-powered charting with many indicators and drawing tools | None mentioned | Standard SL/TP; flexible unit sizing; no GSLO mentioned |
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
What is the best free Forex trading app?
The best free Forex trading app is Saxo. Saxo stands out with its SaxoTraderGO multi-asset mobile platform, access to over 40,000 tradable instruments, and advanced charting with professional order types such as OCO and trailing stops. These powerful tools and broad market coverage offered by Saxo give cost-conscious traders sophisticated charting and precise order control across a huge range of markets, making it especially attractive in the context of a free trading app.
The best free Forex trading apps typically combine a robust proprietary platform, strong charting and analysis tools, and built-in news or signal features so traders can manage everything on mobile at minimal cost. FOREX.com is a compelling alternative to Saxo thanks to its proprietary mobile app with TradingView-powered charts, RAW Pricing account with near-zero spreads and about $7 round-trip commission, and integrated news and economic calendar that together create a very competitive low-cost trading experience. AvaTrade is another solid substitute for Saxo because the AvaTradeGO app with built-in Trading Central signals, its fixed 0.9-pip EUR/USD spreads with commission-free pricing, and support for MT4/MT5, WebTrader and AvaTradeGO on a single account give traders many of the same benefits they would seek in Saxo while retaining clear, predictable costs.
What is the best Forex trading app for beginners?
The best Forex trading app for beginners is FOREX.com. FOREX.com offers an intuitive mobile app that combines charts, economic calendar and order management in a beginner-friendly layout, mobile-friendly lessons that explain trading basics, and TradingView charting with fast execution on more than 90 FX pairs and CFDs. This blend of a clear interface and bite-size education provided by FOREX.com helps new traders learn quickly while practising on a platform they are unlikely to outgrow.
The top Forex apps for beginners usually focus on a simple interface, integrated educational content, and supportive tools such as trading signals or risk-management features that make the learning curve gentler. AvaTrade is a strong alternative to FOREX.com for newcomers thanks to its comprehensive tutorials, webinars and e-books for step-by-step learning, its intuitive multi-platform setup across AvaTradeGO, WebTrader, MT4 and MT5, and the combination of Trading Central signals and AvaProtect in AvaTradeGO that guide and help protect trades while beginners gain confidence, making it one of the more approachable beginner Forex brokers. XTB also serves as an appealing alternative to FOREX.com, since its xStation 5 platform with a clean, uncluttered interface, integrated education, tooltips, videos, streaming news and economic calendar, and the $0 minimum deposit all work together to give beginners much of the ease and support they would expect from FOREX.com while letting them start with very small amounts.
What is the best Forex trading app with a demo account?
The best Forex trading app with a demo account is Plus500. Plus500 provides an unlimited free demo with no time limit and a resettable or customizable balance, a very simple, clean interface ideal for practising orders and charts, and quick order tickets with clear risk controls including guaranteed stop-loss where available. These demo features and straightforward tools by Plus500 allow traders to practise strategies for as long as they need, get comfortable with charting and order placement, and learn to manage risk with guaranteed stops before committing real capital.
Leading Forex trading apps for demo use tend to offer long-lasting or unlimited virtual accounts, easy switching between demo and live modes, and realistic trading tools so practice closely mirrors real-money conditions. eToro is an excellent alternative to Plus500 because its $100,000 virtual portfolio for risk-free practice, unlimited demo with instant toggle between virtual and real portfolios, and CopyTrader and CopyPortfolios functions let users rehearse copying experienced investors in a realistic environment before moving live, placing it among the most appealing Demo Forex brokers for app-based practice. Pepperstone likewise represents a strong alternative to Plus500, as its long-life cTrader demo that stays active when used at least every 90 days, MT4 and MT5 demos with 60-day access and simple virtual top-ups, and multiple mobile apps across MT4, MT5, cTrader, TradingView and the Pepperstone app give traders demo conditions that resemble the live platforms they might ultimately choose, just as Plus500’s demo reflects its live environment.
What is the best Forex trading app for Android?
The best Forex trading app for Android is Saxo with its SaxoTraderGO mobile app. Saxo’s SaxoTraderGO mobile app is tailored to active traders, giving access to around 40,000 forex and other instruments from the same mobile platform and synchronised research alerts and watchlists so you can monitor and trade your portfolio on the go. This combination of a feature-rich Android app, a huge product range and real-time alerts and watchlists from Saxo allows mobile traders to react quickly to market moves and manage diversified portfolios without being tied to a desktop.
The best Android Forex trading apps typically deliver a smooth mobile experience, high-quality charting and analysis, and integrated news or education so that traders can comfortably manage their accounts from their phones. FOREX.com is a viable alternative to Saxo for Android users because its intuitive proprietary mobile app with TradingView-powered charts for detailed technical work, integrated news, economic calendar and education inside the app, and support for both Standard and RAW/Commission accounts bring together flexibility and analysis in a portable format. AvaTrade likewise stands as an attractive alternative to Saxo, as the AvaTradeGO mobile app with Trading Central signals delivering trade ideas on mobile, the AvaProtect loss-protection feature embedded in the ticket to cap risk on selected trades, and its links to AvaOptions and AvaSocial for options and social trading provide much of the depth and protection traders might seek in Saxo’s Android experience.
How to choose the best Forex trading apps?
Choose the best forex trading apps by evaluating regulatory compliance, platform compatibility across iOS and Android systems, comprehensive technical analysis capabilities, real-time data feeds and market alerts, fast order execution speeds, and unlimited demo account access from established brokers with proven Forex trading infrastructure.
The criteria on how to choose the best forex trading apps are listed below.
- Platform compatibility: Ensure applications support both iOS and Android operating systems to maintain accessibility across mobile devices.
- Demo account access: Select apps that provide unlimited demo accounts with generous virtual balances, such as $50,000 to $100,000, for risk-free practice trading.
- Forex assets availability: Choose platforms that offer extensive currency pair options, as leading brokers provide 40 to 90+ forex pairs alongside CFDs and other instruments.
- Technical analysis tools: Prioritize apps that feature comprehensive charting capabilities, multiple timeframes, and 20+ technical indicators for market analysis.
- Real-time data delivery: Ensure applications provide live price feeds, instant market alerts, and push notifications for timely trading decisions.
- Order management features: Select apps with advanced order types that include trailing stops, guaranteed stops, and good-till-cancelled orders for position control.
- User interface design: Evaluate platforms for intuitive navigation, customizable dashboards, and streamlined trade execution processes that enhance mobile trading efficiency.
- Copy trading integration: Consider apps with social trading features that allow copying successful strategies, for example eToro’s Smart Portfolios or AvaTrade’s AvaSocial.
- Risk management tools: Choose applications that offer position sizing calculators, margin requirement displays, and protective features like AvaTrade’s AvaProtect.
- Execution speed: Confirm brokers maintain fast order processing times, as leading platforms achieve execution speeds under 100 milliseconds for scalping strategies.
How do I choose between different trading platforms for mobile trading?
Your choice of mobile trading platform depends on your specific needs. cTrader suits you if you require server-side trailing stops and Depth of Market (DOM) on mobile, as this platform from Spotware provides these features natively on mobile apps.
TradingView works best when you prioritize advanced charting capabilities. The platform offers over 20 chart types, including Heikin-Ashi, Renko, and Kagi, features Pine Script for custom indicators, and connects directly to brokers like OANDA, FOREX.com, and Pepperstone for trading from charts.
MT4 remains the right mobile trading platform when your broker or Expert Advisor library centers on MetaTrader and you want mainstream features. It provides 9 timeframes, 30 built-in indicators, and 24 graphic objects. The platform has broad broker support and a massive MQL4 ecosystem, though trailing stops work only on desktop.
MT5 offers more built-in capabilities than MT4 for mobile trading. You get 21 timeframes, 38 indicators, 44 analytical objects, DOM functionality, and an economic calendar. The platform supports both hedging and netting position accounting. Like MT4, it runs algorithmic trading on desktop or VPS only, not on mobile.
What charting features should I check when comparing Forex mobile trading apps?
When comparing Forex mobile apps, check timeframes, chart types, and analysis tools. MT4 offers 9 timeframes and 30 indicators; MT5 provides 21 and 38. TradingView supports 20+ chart types like Heikin-Ashi and Renko. MT5 mobile displays multiple charts, offers Depth of Market, and push alerts.
Chart types matter for your analysis style. Most trading apps support candlesticks, bars, and line charts. TradingView offers over 20 chart types, including Heikin-Ashi, Renko, and Kagi, if you need specialized visualizations.
Built-in indicators and drawing tools define what analysis you can perform on mobile. MT4 includes 30 indicators and 24 graphic objects. MT5 provides 38 indicators and 44 analytical objects.
Multi-chart layouts help you monitor multiple pairs at once. MT5 Android displays up to 4 charts on phones and 6 charts on tablets simultaneously.
Depth of Market (DOM) shows order-book views on platforms like MT5 and cTrader if you trade with that information.
Push alerts send price and indicator notifications to your phone. MT5 mobile and TradingView both support this feature for staying informed while away from your desk.
How can I compare risk management tools across different Forex trading apps?
Risk management tools vary significantly across Forex trading apps. You should compare stop-loss and take-profit orders (standard on MetaTrader and cTrader), trailing stops, guaranteed stop-loss orders, account protections, push alerts, margin helpers, and DOM-driven order adjustments.
Trailing stops work differently across platforms. MT4 and MT5 offer trailing stops on desktop only, which means your terminal must stay running. cTrader provides server-side trailing stops across desktop, web, and mobile, and they continue to work after you disconnect. Brokers like IG Markets and CMC Markets offer integrated tools for risk management such as GSL (Guaranteed Stop Loss) orders.
Push alerts on MT5 mobile and TradingView reduce the risk of delayed reactions. These alerts notify you when prices cross levels or when indicator conditions are met. Risk management tools in apps like cTrader mobile show estimated margin and loss at your chosen stop-loss level on the order ticket, helping you maintain consistent risk per trade.
How do I know if MT4 Forex trading apps are good for me?
MT4 Forex trading apps are good for you if you need wide broker availability and prefer straightforward trading tools.
The MT4 mobile platform works with hundreds of brokers worldwide. MT4 gives you access to a massive ecosystem of custom indicators and Expert Advisors written in MQL4. You can find thousands of trading robots, custom studies, and scripts in the MetaTrader marketplace.
You should choose MT4 if you value simplicity in your mobile trading. The platform provides 9 timeframes, 30 built-in indicators (moving averages, oscillators, volume studies), and 24 drawing objects (trend lines, Fibonacci tools, channels). These features cover most discretionary trading needs without overwhelming the interface.
MT4 has important mobile limitations you need to accept, also on mobile. Trailing stops work only on the desktop version, which means your computer must stay running to move stops automatically. The mobile app lacks trailing stops entirely. Expert Advisors run only on desktop or VPS setups, not on phones, as many traders note when reading an MT4 review focused on platform functionality.
When should I choose MT5 Forex trading apps for trading?
You should choose MT5 Forex trading apps when you need more analysis depth than basic platforms provide. MT5 offers 21 timeframes compared to MT4’s 9 timeframes, giving you finer control over chart analysis. The platform includes 38 built-in indicators like moving averages and oscillators, plus 44 analytical objects for drawing trend lines and patterns.
MT5 provides Market Depth (DOM) for viewing order-book style data, also on mobile. The platform supports both hedging and netting position accounting methods, making it flexible for different trading approaches. You get a built-in economic calendar on the desktop that displays events like central bank meetings and employment reports, features often highlighted in an MT5 review for their usefulness to active traders.
MT5 mobile lacks trailing stops, which run only on desktop. You need your desktop terminal or a VPS running continuously to maintain trailing stop functionality.