Best Forex Trading Apps of 2021: Our Comprehensive Review
Are you in search of the best forex trading app for 2021? Look no further than this comprehensive review, where we cover everything from powerful trading tools to helpful customer support.
Forex trading has become increasingly popular in recent years, thanks to its accessibility. With the right app, anyone can trade forex from anywhere in the world. But with so many options out there, how do you know which one is the best?
In this review, we share our top picks for the best forex trading apps of 2021, based on our research and expertise. We've tested and evaluated each app to help you make an informed decision.
Criteria for Evaluation
We evaluated each forex trading app based on the following criteria:
- User interface
- Range of trading tools and features
- Customer support
- Security and regulation
- Deposit and withdrawal options
- Overall reputation in the market
Keep these criteria in mind as you read through our reviews.
Top Picks for Best Forex Trading Apps
- MetaTrader 4 (MT4)
MT4 has long been a popular choice among forex traders, and for good reason. This powerful platform offers a range of advanced charting tools, customizable indicators, and expert advisors to help you maximize your profits.
With a user-friendly interface and a range of trading tools, MT4 is an excellent choice for both novice and experienced traders. Plus, it's available on both mobile and desktop, making it a convenient choice for traders who are always on the go.
- MetaTrader 5 (MT5)
MT5 is the successor to MT4 and offers even more advanced features, including improved charting capabilities, advanced risk management, and enhanced order management.
MT5 also offers a more user-friendly interface, with an easy-to-navigate design that makes it accessible for all traders, regardless of experience level.
Forex.com is a well-regulated and established platform that offers a range of forex trading tools and features. These include access to more than 80 currency pairs, customizable trading platforms, and extensive educational resources.
Forex.com also offers 24/7 customer support and fast and reliable trade execution. Plus, it's regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), making it a safe and secure choice for traders.
- TD Ameritrade
TD Ameritrade is a well-known US-based trading platform that offers a range of forex trading tools and features, including access to more than 70 currency pairs, advanced charting tools, and extensive educational resources.
Additionally, TD Ameritrade offers a robust mobile app, making it a convenient choice for traders who are always on the go. It also offers 24/7 customer support and a range of deposit and withdrawal options.
- IG Trading
IG Trading is a popular choice among traders, thanks to its user-friendly interface and extensive range of trading tools and features. These include access to more than 80 currency pairs, customizable trading platforms, and advanced charting tools.
IG Trading is also regulated by the Financial Conduct Authority (FCA), making it a safe and secure choice for traders. Its customer support is available 24/7, and it offers a range of deposit and withdrawal options.
Each of these forex trading apps offers a range of tools and features that cater to different trading styles and needs. Whether you're an experienced trader or just starting, there's an app on this list that will meet your needs.
When selecting a forex trading app, remember to consider factors such as user interface, range of trading tools and features, customer support, security and regulation, and deposit and withdrawal options.
As always, it's important to do your own research and evaluate each app based on your unique needs and preferences. We hope this review has helped narrow down your options and given you a better idea of what to look for in a forex trading app.