Are you a busy Forex trader on the go? These days, there are many Android Forex apps that can help you analyze and manage your Forex positions no matter where you are! That’s right, whether you’re commuting to work, on your lunch break or simply without the ability to access your broker’s web platform, you can trade there and then on your Android device. There are a number of brokers offering excellent Android apps that will help you to trade just like you’re at your computer, and there are also apps that will help you to stay on top of what’s going on in the markets as well. Here’s the breakdown of the top Android Forex brokers and apps.
Android Forex Apps For Mobile Trading
There are many Android Forex apps that will allow you to manage your trades on your mobile, but the best among these is still the Metatrader 4 Remote app. MT4 Remote allows you the full functionality of the Metatrader 4 platform on your Android device, including opening positions, managing positions, setting stop and limit orders, monitoring Forex charts and more. This app mirrors the functionality of the computer Metatrader platform, meaning that it’s intuitive and easy to use. More importantly, it links directly into your Metatrader 4 trading account.
In terms of Forex brokers that support Android Forex trading, there’s no better broker than Oanda FXTrade. Oanda is a pioneer in the Forex trading world in offering extremely tight spreads and very favorable trading conditions for both new and advanced Forex traders alike. On their excellently designed Android Forex trading app, you will be able to buy and sell up to 54 different currency pairs, view professional charts with certain basic indicators and utilize stop and limit orders for a great deal of trade management sophistication.
If you’re looking for the very best charting functionality in your Android mobile trading platform, then MobiTradeOne is the answer. You will have to open an account with Forex.com, or at the very least be running on their 15 day free trial, but it’s certainly well worth the effort in signing up. With this app, you will be able to access a wide range of technical indicators including Pivot Points, Fibonacci, Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), Parabolic SAR, Bollinger bands, MACD, Commodity Channel index (CCI), Relative Strength Index (RSI), Momentum and Williams %R.
Android Forex Apps For News And Analysis
So what if you don’t want to open up a trading account with one of the brokers above, but you still want to receive top of the line charting functionality, news updates and up to the minute analysis right to your Android phone?
There are a number of apps that allow you to receive live quotes, live charts and even latest news releases, but the best is Trade Interceptor Forex Mobile. This is a free app that allows you to view all the information that you would normally only be able to get through a broker without signing up for any particular broker. So regardless of which broker you are with, you can get the very best Forex trading information directly to your Android phone.
Finally, if all you’re interested in is news updates and analysis, then you can simply download the Forex News app which covers all the major pairs including the EUR/USD, USD/JPY, GBP/USD and AUD/USD, just to name a few. It features all the latest releases from the major reporting agencies, including Reuters.
All in all, there are a great number of Android Forex apps available for you to use to trade on the go or simply enhance your analysis of the markets, and most of these are free! Why not download a couple of them and see how they can help you trade regardless of where you are at any given time?