Best Forex Trading Apps

Best For Earning Cashback on Trades

FOREX.com

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Best For Professional Traders

Interactive Brokers

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Best For Leveraged Trading

Plus500

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Best For Funding Bonus

tastyfx (formerly IG)

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Best For Spread Betting, CFD and Forex Traders

City Index

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Best For Multi-Asset Traders

Saxo

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In today's fast-paced financial markets, having the right trading app can make all the difference for busy forex traders on the go. No matter if you're a beginner looking for a user-friendly interface or an experienced trader in need of advanced charting tools, the best forex trading apps offer seamless execution, real-time data, and essential features to stay ahead.

With so many options available, choosing the right app depends on things like trading fees, security, ease of use, and available technical analysis tools. In this guide, we'll break down the top forex trading apps, highlighting their key features to help you find the best fit for your trading needs.

Best Forex Trading Apps

The apps selected as the best forex trading apps come with competitive spreads, great tools, alerts, watchlists and fast trading speeds. Here's who makes the cut.

Best for Excellent Trading Conditions: FOREX.com

FOREX.com is a highly trusted forex broker with some of the lowest spreads on the market. They have an impressive track record, have been offering trading services to clients since 2001 and are rated as the #1 forex broker for U.S. traders.

Why We Picked It: FOREX.com mobile trading app allows for full functionality. You get the same advanced charting options, news, and fund management as the desktop version all from the palm of your hand. FOREX.com’s mobile trading app is a powerful and feature-rich platform designed for traders who need flexibility and speed while executing trades on the go. With a clean user interface, real-time market data, and a robust suite of trading tools, this app caters to both beginners and seasoned traders alike.

Performance and Execution: FOREX.com’s mobile app delivers solid execution speeds with minimal slippage. Order processing is seamless, even during volatile market conditions. The app is also stable, with minimal crashes or lagging issues.

Key Features:

• User-Friendly Interface: The app is intuitive, with a sleek design that makes navigation smooth and straightforward.
• Advanced Charting Tools: Offers more than 80 technical indicators, multiple chart types, access to TradingView Charts and customizable timeframes.
• One-Click Trading: Enables fast execution, making it ideal for scalpers and day traders.
• Real-Time Alerts & Notifications: Traders can set custom alerts for price movements, economic events, and order executions.
• Risk Management Tools: Stop-loss and take-profit options are easily accessible for controlling trade risks.
• Integrated Market News: Provides real-time news updates and analysis from top financial sources. including Reuters news.
• Multiple Order Types: Supports market, limit, stop, and trailing stop orders.

Best for Experienced Traders: Interactive Brokers (IBKR)

Interactive Brokers (IBKR) offers a highly advanced mobile trading app designed for professional and institutional traders. Known for its deep liquidity, low spreads, and access to a wide range of global markets, the IBKR mobile app provides forex traders with powerful analytical tools, real-time data, and seamless execution.

Why We Picked It: Interactive Broker forex trading app offers real-time forex quotes, interactive charts, risk management tools like stop-loss and take-profit orders, as well as account management features for users to monitor balances and transactions. IBKR mobile also includes financial news and market analysis tools to keep traders informed about market trends and events. Both have a lot of features similar to the web platform.

Performance & Execution: IBKR’s mobile app is known for its precision in order execution, thanks to SmartRouting technology, which minimizes slippage and maximizes trade efficiency. The app runs smoothly with minimal latency, even during high-volatility market periods.

Key Features:

• Professional-Grade Trading Interface: The app is designed for experienced traders, featuring a detailed dashboard and customizable layout.
• Advanced Charting & Technical Indicators: Includes over 100 technical indicators, multiple chart types, and fully customizable timeframes.
• SmartRouting Technology: Ensures best execution by automatically routing orders to the best available market.
• Real-Time Market Data & News: Provides access to live price quotes, market depth, and top-tier financial news sources.
• Multiple Order Types: Supports market, limit, stop, trailing stop, OCO (one cancels the other), and bracket orders.
• Risk Management Tools: Integrated stop-loss, take-profit, and margin monitoring for effective risk control.
• Access to Global Forex Markets: Trade over 100 currency pairs with deep liquidity and institutional-grade spreads.

Best for Beginners Trading CFDs: Plus500

Plus500’s mobile trading app is a user-friendly and streamlined platform designed for forex traders who prioritize simplicity and efficiency. However, it is primarily a CFD or forex futures trading platform.

Why We Picked It: Plus500 provides mobile trading apps for Android and iOS devices, offering real-time price quotes, advanced charting tools, and instant trade execution. With commission-free trading and a clean interface, this app is an excellent choice for both beginner and intermediate traders.

Performance & Execution: Plus500’s mobile app offers smooth and efficient trade execution, with minimal lag and a reliable order-processing system. However, since it is a market-maker broker, traders may experience occasional requotes during volatile market conditions.

Key Features:

• Intuitive & Easy-to-Use Interface: A clean and straightforward design makes navigation effortless.
• Commission-Free Trading: No commissions on trades, with costs built into competitive spreads.
• Risk Management Tools: Includes stop-loss, take-profit, and guaranteed stop orders for better risk control.
• Real-Time Market Data & Alerts: Instant price notifications and market updates.
• Simple Charting & Technical Analysis: Basic indicators and drawing tools for traders who don’t need more complex analysis.
• Leverage Trading: Offers leverage up to 1:30 for retail traders and higher for professional traders (varies by region).
• Quick & Easy Deposits & Withdrawals: Seamless funding options through bank transfer, credit/debit cards, and e-wallets.

Best for Fast Execution: tastyfx

tastyfx has been around since 2019 and is rated as one of the most trusted forex brokers, especially for U.S. based traders. tastyfx offers a suite of mobile apps for forex traders, including their main app IG Trading. The app combines user-friendly design with advanced trading functionalities. With access to over 80 currency pairs and integration with platforms like MetaTrader 4 and TradingView, tastyfx provides a very comprehensive mobile trading experience.

Why We Picked It: tastyfx offers an easy-to-use mobile app with features such as alerts, trading signals, and advanced charts. Its user experience is similar to the one found on the desktop website. The mobile app doesn't cut out any features and allows you to place advanced and multi-step orders. tastyfx's mobile app also provides technical indicators, different chart types, and access to MetaTrader 4.

Performance & Execution: The tastyfx mobile app delivers reliable performance with minimal lag. Users have reported smooth transitions between the web-based platform and the mobile app, even when both are running simultaneously. Order executions are quick, with average execution times around 17 milliseconds.

Key Features:

• Intuitive User Interface: The app has a clean and straightforward design, ensuring seamless navigation and quick access to the most essential trading tools. ​
• Advanced Charting Tools: Traders can utilize detailed charting functionalities with multiple technical indicators, clearing the way for in-depth market analysis.
• Real-Time Market Data & Alerts: Receive instant notifications on price movements and set custom alerts to stay informed about market conditions. ​
• Seamless Order Execution: The app supports fast order placements, including market, limit, and stop orders.
• Secure Account Management: Features like two-factor authentication and 256-bit SSL encryption ensure that user data and transactions remain secure.
• Educational Resources: Access a wealth of educational materials, including webinars and tutorials.

Best for CFD Traders: City Index

City Index, a subsidiary of the NASDAQ-listed StoneX Group Inc., is a trusted broker offering forex, CFDs, and spread betting (UK only). Its mobile trading app provides access to over 13,500 global markets, including forex, indices, commodities, and shares. Designed for both novice and experienced traders, the app combines advanced functionality with ease of use, featuring integrated research, real-time news, market commentary, and powerful charting tools. With its intuitive interface and diverse market insights, City Index stands out as a strong contender in the mobile trading space.

Why We Picked It: City Index mobile apps offer a comprehensive trading experience. Users can create orders, build watchlists, and analyze markets with advanced charts. The apps display positions, orders, and stop losses directly on the charts. Additionally, you'll get real-time Reuters news and a customizable economic calendar.

Performance & Execution: The City Index app delivers reliable performance with minimal lag. Users have reported smooth transitions between the web-based platform and the mobile app, even when both are running simultaneously. Order executions are quick, with average execution times around 0.02 seconds, making them a great option for traders based outside the U.S.

Key Features:

• User-Friendly Interface: The app boasts a clean and intuitive design, ensuring seamless navigation and quick access to essential trading tools.​
• Advanced Charting Tools: Traders have access to nearly 90 indicators and a vast array of drawing tools, facilitating in-depth market analysis directly from their mobile devices.
• Real-Time Market Data & Alerts: Receive instant notifications on price movements and set custom alerts to stay informed about market conditions.​
• Seamless Order Execution: The app supports swift order placements, including market, limit, and stop orders, ensuring traders can act promptly on market opportunities.​
• Secure Account Management: The app features two-factor authentication and 256-bit SSL encryption.
• Educational Resources: Access a wealth of educational materials, including webinars and tutorials.

Best for Advanced Traders: Saxo

Saxo is a well-established trading platform with 30 years of industry experience. They offer a robust trading platform, excellent education resources and advanced charting tools. Saxo lets you trade on a high-performing platform with access to over 70,000+ financial products. They offer a sophisticated mobile trading app, SaxoTraderGO. With a focus on advanced functionality and a broad range of tradable instruments, the app caters to both intermediate and experienced traders.

Why We Picked It: SaxoTraderGO is a top choice for forex traders with a mobile app that closely mirrors the broker's web-based platform, offering nearly all the same features. SaxoTraderGO offers rich charting capabilities, syncs with the browser-based platform, and offers features like an economic calendar, market news, and pattern recognition analysis.

Performance & Execution: The SaxoTraderGO app is recognized for its stability and reliability, offering smooth trade execution with minimal latency. Users have reported efficient order processing and a robust security framework.

Key Features:

• Extensive Market Access: Provides access to over 70,000 financial instruments, including 182 forex pairs, allowing for diverse trading opportunities. 
• Advanced Charting Tools: Offers nearly 90 technical indicators and a wide array of drawing tools, facilitating in-depth market analysis directly from mobile devices. ​
• User-Friendly Interface: Despite its advanced features, the app maintains an intuitive design, making navigation straightforward for users. ​
  Secure Account Management: Implements robust security measures, including multi-factor authentication and 256-bit SSL encryption, ensuring the safety of user data and transactions. ​
• Real-Time Market Data & Alerts: Delivers instant notifications on price movements and allows users to set custom alerts to stay informed about market conditions. ​

How to Choose a Great Forex Trading App

All forex trading platforms and apps aim to fulfill their own niches within the market, but the most reliable and trustworthy trading apps all share the following characteristics.

• Regulatory Status: It is important to have a trustworthy broker who is regulated in multiple top-tier jurisdictions, such as the U.S., U.K., Australia, Singapore, Canada, Hong Kong, Japan, or Switzerland. You can learn more about forex broker regulations here.
• Real-time Updates: A currency’s value can change at a second’s notice, so you’ll need immediately up-to-date value information in order to make the most informed trade possible. It's helpful to be able to set up alerts for currencies when they reach a certain price, software-driven trading notifications and historical data.
• Trading Platforms: Whether you are using the MetaTrader suite or another platform, be sure to choose a trading platform that meets your needs across devices, including on the web, desktop, or mobile app.
• Tools and Resources: Keep an eye out for rich research content, trading tools, and educational materials. Having comprehensive resources in your mobile app can help you make the most of trading opportunities.
• Tradable Markets: Brokers differ in the markets and instruments they offer. Some may offer a limited choice of currency pairs but a wide range of CFDs on various assets. If you trade exotic currencies, you'll want a broker with more forex pairs to choose from.
• Functional for Beginners and Experts: If you are new to forex trading you'll want an app with an easy to use interface that isn't overly complicated. But remember, you won't be a beginner forever. The mobile trading app should allow you to use more advanced charting and analysis tools as you improve.
• Demo Accounts: A free demo account allows you to test a trading app before making a commitment. If the platform suits your needs, you can open a live account. Demo accounts let you try out trading strategies before using real funds.

Trade on the Go with Forex Trading Apps

With the rise of online trading platforms, accessing global markets has never been easier, regardless of your starting capital. Forex trading allows you to begin with small investments, gradually increasing your portfolio as you gain experience and confidence. Choosing the right platform is key—one that aligns with your trading goals, offers the right tools, and supports your strategy. Invest wisely, manage risk effectively, and take advantage of opportunities to grow your investments over time.

Frequently Asked Questions