TOP 10 Best Forex Trading Apps In 2020
Mobile phones played a big role in the popularization process of forex trading. By taking forex to the small screens users can now trade on-the-go but it is important to know the difference between the best forex trading apps. Let’s look at our top 10 picks and try to figure out which app from the list works best for you.
#1 Bloomberg Business Mobile App
Keeping up with the news is very important once you become a professional trader. Bloomberg has been globally accepted as the leading news source for the business world so it shouldn’t come as a surprise that their mobile app is on top of many charts. Global business, stock market and finance news, and trending topics like bitcoin and cryptocurrency are brought to your pockets with the Bloomberg Business Mobile App.
Get Bloomberg Business Mobile App for Android & iOS
#2 Trading Game – Forex Investing Simulator & School
You are probably already aware of the fact that a successful trader needs to practice in a simulated environment first. This is an essential step if you don’t want to come out on the losing end. Trading Game brings forex, and trading as a whole, closer to the user by providing the best simulation experience on the market. Small lessons within the app will keep you informed and well organized while the app itself will take you through the whole trading process. If you are a beginner in the trading world or just want to try out your trading skills, the Trading Game is your best bet.
Get The Best Forex and Stock Trading Game For Android & iOS
#3 BUX
If you are looking for a very light trading app then BUX does the job perfectly. With it you can invest in your favorite stocks within minutes, BUX emphasizes no commission on their trades. That is a good way how to make extra money online. This means that you would be paying no commission on buying or selling stocks but there are some other fees included.
Get BUX app for Android & iOS
#4 eToro
eToro is probably one of the best-known names in the trading world and their app enjoys the same fame on the app stores. With over 10 million downloads, eToro has proven that they are one of the biggest trading platforms out there. Their app allows you to trade on the go. On top of that, eToro doesn’t only offer stocks and forex. Cryptocurrency trading is available with the app as well.
Get The Worlds Leading Social Trading App for Android & iOS
#5 Acorns
Acorn is a bit different than the rest of our list. Rather than offering trading options, Acorns helps you invest spare change. When making everyday purchases in popular markets and shops, the app will automatically allocate any spare change from that transaction to stock investment. You shouldn’t expect to become a millionaire with this app but it is certainly worth checking out.
Get Acorns Trading App for Android & iOS
#6 Yahoo Finance
Tracking the markets and economy-related news can be a hustle and Yahoo Finance tries to make life easier for traders. By offering personalized news alerts, the app lets users curate their own news feed and focus only on the important subjects. If you are looking to stay up to date with stocks and economy, this should be your go-to solution.
Get Forex News App For Android & iOS
#7 Stash
In case you want to give it a try with stocks but don’t want to spend too much, Stash can help with that. The minimal investment is $5 and apart from stock trading, Stash can also help you manage your budget and save money in the process.
Get Best Budgeting App for Android & iOS
#8 Stockpile
Just like the previous app, you can invest as low as $5 with Stash. The app itself offers some useful tips and tricks for beginners. Users can choose between 1,000+ name brand stocks and ETFs. There are no monthly fees or membership costs but they do charge 99 cents per trade.
Get ETFs Trading App For Android & iOS
And that completes our list. We hope it will help you organize your forex trading more efficiently and responsibly. Some of them can help you become better, some can bring valuable information and some may just be in your way but it is up to you to make the perfect combination!
