The best trading app for iOS users
No matter where you are, you can trade forex as long as the trading app is installed on your phone。What is the best trading app for iOS users?
No matter where you are, you can trade forex as long as the trading app is installed on your phone。What is the best trading app for iOS users?
Today, the global foreign exchange market is worth about 2.$409 trillion, with a daily market volume of more than 6.6 trillion dollars。It is the largest financial market in terms of value, liquidity and trading volume。So if you are looking for good investment opportunities, forex trading may be the right solution。Generating profits in the vast Forex market may not be easy, but fortunately, there are now many tools that can really help you improve your trading。
Mobile trading apps make forex trading easier and accessible to anyone。Unlike in the past, you don't have to be a billionaire to participate in the Forex market, you just need a smartphone and install a trading app to make money。From the hundreds of mobile trading apps available around the world, we have listed some of the best apps for iOS users based on important factors such as spreads, trading speed, features and advantages, and resources。
MetaTrader
MetaTrader is the most popular choice among retail traders。Most traders like Metatrader because of its simplicity and impressive platform speed。In addition to the desktop version, MetaTrader is also available for mobile users。The mobile app provides trading of various assets such as forex, stocks, futures, options, etc。
Its latest version, MetaTrader 5, currently ranks 157th in the US App Store financial category, with a rating of 4 from 17,100 users..7 / 5。
In addition to this, the app also provides a lot of market analysis based on real-time data charts to monitor prices and market conditions。Novice traders definitely like the demo account function, which allows you to develop trading skills without risking any funds。At the same time, professional traders can enjoy the application's advanced charting and analysis capabilities, and you can even design your own trading indicators using the platform's programming language MQL4。
Like other trading applications, MetaTrader allows you to open positions with instant execution.。Another valuable feature is the level of customization。An unlimited number of tools are available on the app, so you can create settings that match your trading strategies and preferences, and even set custom audio notifications as reminders to take action。
Demaili Securities
Founded in 1975, Demerit Securities is one of the top brokers in the United States with a long track record and is regulated by top institutions such as the SEC, FINRA and CFTC.。The online broker has its own desktop trading platform called Thinkorswim, which is very popular among traders.。
For mobile trading, Demaili Securities offers two applications for different levels of expertise and trading objectives.。These apps are available on Android and iOS, and are supported on Apple Watch devices。
The app is currently ranked 100th in the financial category of the App Store in the United States and gained 4 out of 109,500 users..5 / 5 rating。
Similar to desktop platforms, mobile platforms are user-friendly and easy to use。It requires two-factor authentication to log in, provides powerful search capabilities, and offers a wide range of trading products, including stocks, forex, ETFs, bonds, futures, and cryptocurrencies.。Order types are also similar to web platforms, including market, limit, stop-loss market, stop-loss limit and trailing stop.。As for order limits, there are multiple options available: Day, GTC, Fill or Kill (FOK), and All or Nothing (AON)。
Overall, Demaili Securities is a good place for U.S. traders to start building trading portfolios。You can use a large number of courses and learning resources to improve your skills。You can start to fund your account, there is no minimum deposit for a basic cash account (the amount may vary depending on the type of account), and you can withdraw the funds you earn at no additional cost, except by wire transfer or bank transfer.。
ThinkTrader
ThinkTrader, formerly known as Trade Interceptor, was released in 2017。Initially, the software was only accessible from the desktop, but it was expanded to eventually be available on mobile phones as well。ThinkTrader offers a wide range of trading products including Forex, Indices, Cryptocurrencies, Precious Metals, CFDs, Stocks and Commodities。
The app is currently rated 4 by 474 users.8 / 5。
ThinkTrader offers a range of useful features for traders of varying proficiency, some examples include economic calendars, price notifications, intelligence support and risk scanners。There are currently 14 advanced charts and 160 smart indicators and drawing tools。It's worth noting that the ThinkTrader app is powered by cloud-based support that allows you to access analytics data and price notifications across multiple devices。You can get notifications even if the application is not running。
Another important feature of the app is one-click ordering, which can close multiple orders at the same time with just one click。It also enables you to make instant transactions without having to confirm an order。It's worth noting that ThinkTrader is an internal product of ThinkMarkets, which itself is a highly regarded broker.。
As a multi-asset online brokerage, ThinkMarkets offers a wide range of trading assets from Forex to Precious Metals, Commodities, Indices, Stocks and Cryptocurrencies。The Australian-based broker was founded in 2010 and has since opened more headquarters in London and regional offices in Asia Pacific, the Middle East, North Africa, Europe and South America.。
Along with its historical operations, ThinkMarkets has received numerous awards and recognition in various aspects.。They recently won the Best Value Broker Award in Asia at the 2020 Global Forex Awards。
Standard account average forex spread for traders who open an account with ThinkMarkets from 1.From 2, while ThinkZero offers 0.Best trading experience at 1 point spread。However, traders may want to take into account that ThinkZero charges 3 per side for every 1,000,000 trades..$5 commission。
As a global online brokerage firm, ThinkMarkets operates under the supervision of multiple financial regulators, for example, ThinkMarkets Australia is managed by TF Global Markets (Aust) Limited and licensed by the Australian Financial Services Authority and the Australian Securities and Investments Commission (ASIC), ABN: 69158361561。ThinkMarkets UK is registered with the Financial Conduct Authority (FCA) under the name TF Global Markets (UK) Limited (No.09042646)。
ThinkMarkets is always committed to improving its trading environment through a variety of advanced products.。Auto trading enthusiasts can use free VPS hosting, while enthusiastic traders who want to experience outside the MetaQuote platform can try ThinkMarkets' proprietary platform ThinkTrader。
The trading platform offers 3 different interfaces designed for web desktop, tablet and mobile display。In addition, custom tools such as more than 80 drawing tools and more than 125 technical analysis indicators can even be accessed via mobile screens, which will undoubtedly provide a new mobile trading experience.。
In terms of market updates, the ThinkMarkets deal will be accompanied by news from FX Wire Pro, which is known for its strict policy of adhering to objective news reporting and providing critical, credible information in real time.。Information areas covered by FX Wire Pro include economic commentary, technical-level reports, currencies and commodities, central bank bulletins, energy and metals, and event-driven bulletins。
For payment methods, ThinkMarkets provides gateways through bank transfers, credit cards (Visa and MasterCard), Skrill, Neteller, POLi online banking, BPay, and Bitcoin wallets。
All in all, for a company that has been in business since 2010, ThinkMarkets has been quite successful in terms of legal status and trading technology innovation.。As an additional guarantee of safety for traders, the broker highlighted its commitment to a $1 million insurance protection plan, which is achieved through ThinkMarkets and Lloyd's of London insurance policies, in the unlikely event of bankruptcy Provide up to $1 million in protection for customers' funds。
FXTM
FXTM or ForexTime is a globally renowned CFD and Forex broker founded in 2011.。The broker is considered safe because it operates under the supervision of a number of financial institutions (FCA and CySEC), including UK financial institutions.。Today, FXTM operates in more than 180 countries and has more than 3 million users worldwide.。
FXTM provides a fast and easy way to conduct foreign exchange transactions on the trading platform, which can be accessed through desktop, web and mobile phones。The mobile app specifically supports Android and iOS, so iPhone and iPad users have full access to it。
FXTM mobile app has many interesting features for beginners and professionals。For example, beginners can access educational materials to improve their trading skills。At the same time, advanced traders can use sophisticated trading tools and flexible leverage to support their strategies.。
To start using the software, you simply register an account, submit verification documents and deposit some funds before trading。There are a variety of trading products to choose from, including Forex, Stocks, CFDs and Cryptocurrencies。You can easily find details of each asset and even get daily reviews from the company's market research team。
Originally launched in 2011, FXTM's unique vision is to offer unparalleled superior trading conditions.。Opening an account with FXTM also gives you access to advanced education and advanced trading tools in the Forex industry。
FXTM is now registered with the UK Financial Conduct Authority with registration number 600475, the company is also regulated by the Cyprus Securities and Exchange Commission with CIF licence number 185 / 12 and licensed by the South African Financial Conduct Authority (FSCA) with FSP number 46614.。
FXTM has 1 million registered accounts and more traders join every day。The company continues to strive to improve its performance and has won many awards such as the World Finance Award for Best Trading Experience 2019, the International Finance Award for Best Online Forex Trading Company in Nigeria 2018, the Hexun 2018 Reputable Investor Education Forex Broker Award, Fxeye.Com 2018 China Foreign Exchange Brand Award, etc.。
As a responsible broker, FXTM determines leverage (expressed as a ratio of trade size relative to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through an appropriateness assessment. It also supports leveraged trades up to 1: 1000。
As for spreads, FXTM offers 0.The low spread from 1 o'clock, so traders can withdraw profits at the beginning of the trade。With headquarters in several countries, the company uses No Trading Desk (NDD) technology and works with reliable liquidity providers to deliver the best bid and ask prices.。
For beginners, there is an automated trading tool called algorithmic trading。Traders can develop their own trading strategies or adopt the strategies of other traders when trading at FXTM。In addition, the strategy is also applied to automated trading systems, such as smart trading systems, so that traders don't have to worry about losing opportunities without observing the market and still make profits。
Three types of ECN accounts using MT4 and MT5 trading platforms。There are also mobile and tablet app trading platforms。In addition to offering multiple account variants, FXTM also makes every effort to ensure that customers receive the excellent support they deserve, so that their trading experience is optimal and user-friendly。
FXTM also offers a variety of products, in addition to more than 50 foreign currencies, gold, silver, commodity futures (oil) CFDs, ETF CFDs and indices.。
The broker also provides education on basic concepts of the forex industry。Traders can read all the concepts offered in the form of e-books, video tutorials, articles, webinars and forex seminars。The FXTM website is available in 17 languages for traders to understand Forex。
Traders can also choose from a variety of payment methods, including credit cards (Visa, Mastercard, Maestro) and e-wallets (Neteller, Skrill, Western Union)。For withdrawal of funds, traders do not have to pay a fee of 2 hours to 2 days。Traders can ask further questions via live chat and contact the administrator via email, FXTM has a question and answer page on Forex trading。
FXTM is known for its favorable trading conditions。By using the application, you can operate with fixed and variable spreads。Transactions are processed almost immediately, and there are plenty of free trading tools you can use to make better decisions.。There is also a demo account that allows users to test the platform and practice trading with virtual currencies。
In summary, the FXTM mobile trading app is suitable for all types of traders。The interface is clean and easy to navigate. It is also available in more than 10 languages including Arabic, Indonesian, Chinese, English, Russian, Spanish, and Thai。
Features of Reliable Trading Applications
When choosing a new mobile trading application, you need to ensure that the application has at least one of the following characteristics:
Real-time update
Currency prices can change within seconds, which will definitely affect your trading performance。If you want to achieve success in trading, you must always be aware of the latest developments in the market。Therefore, make sure that the trading application provides real-time data and fast execution to avoid missing any opportunities。
teaching materials
Forex trading is actually far from easy。In addition to practice, skills need to be improved by learning different strategies, analytical methods and trading indicators。A good trading platform is a platform that really cares about customers and lays the foundation for their success。Therefore, tutorials and learning courses that cover at least the basics of Forex trading should be provided。
Low point difference
The spread is basically a commission that the provider collects from the user。Although the number is usually small, it may cause a considerable burden after a period of time。Therefore, you should try to keep it as low as possible, and you should also make sure that the amount is not too unrealistic to prevent being deceived。
Conclusion
The foreign exchange market is no longer exclusive to large traders, governments and institutions, you only need to install a trading application on your phone to access it and obtain substantial benefits。As described in this article, there are several important factors to consider when choosing the right trading application。There are many great trading apps, but not all of them will meet your needs。
Therefore, before registering, make sure that the app offers trading conditions that suit your trading style。Finally, do not forget to consider the risks before trading and only use the funds you can afford to lose。
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