Best Forex Brokers With Mobile Trading Apps (2024)

IG - Best mobile app for advanced traders seeking a wide range of asset options on-the-go

IG is a leading global forex broker known for its competitive spreads and excellent platform features. Established in 1974, its long-standing history and reputation in the market instills confidence among traders. Its mobile platform, designed for user-friendliness and packed with diverse asset options, has positioned IG as a trusted choice for advanced traders who seek comprehensive trading possibilities on-the-go in 2024.

Overall Rating		⭐⭐⭐⭐⭐
Min. Deposit		0
Regulation		ASIC, FCA, FSA, NFA, AMF, FMA, MAS, DFSA
Financial Instruments		17,000+, forex, indices, cryptocurrencies, shares, commodities, ETFs, options, interest rates, bonds
Demo Account		Yes ($20,000 in virtual capital)
Max. Leverage		1:200
Trading Platforms		Online trading platform, Mobile trading app, Progressive web app, ProRealTime, MT4, L2Dealer
Open IG Account

IG Mobile App

Celebrated for its multifaceted capabilities, IG's mobile trading app is a potent tool in any advanced trader's arsenal. In the fluid world of forex trading, IG's app adeptly facilitates on-the-go trading, presenting a comprehensive spectrum of tradable assets - a factor that greatly appeals to advanced traders who thrive on diverse investment options.

Key features of IG's mobile software truly stand out. The app furnishes traders with real-time data streaming, allowing them to closely monitor market trends and dynamics, and react swiftly to changes. With advanced charting tools, users can perform in-depth market analysis and glean insights right from their mobile devices.

The user-interface is intuitive and designed for ease of navigation, allowing seasoned traders to manage their portfolios efficiently. Portfolio visualization tools provide comprehensive overviews of holdings, while news streams ensure the latest financial news is always at hand.

Moreover, IG stays committed to customer success by offering advanced risk management tools. Features like stop-loss orders help shield users from unprecedented market swings, aligning with the 'safety first' principle cherished by serious investors.

IG's mobile app allows advanced traders to tap into exciting global trading opportunities anytime, anywhere, thereby balancing convenience with this high-stakes investment world. This renders IG's mobile trading app a preferred choice for advanced traders needing a wide scope of asset options ready to be accessed on-the-go.

Forex.com - Best for forex traders needing instant access to currency markets

Forex.com is a distinguished forex broker that attracts traders worldwide with its robust offerings and competitive spreads. It was established in 1999 and is currently a part of StoneX Group Inc, a publicly-traded company on the NASDAQ. Forex.com has carved its own niche in the forex trading world by offering fast, reliable, and flexible services that are tailored to meet the needs of currency traders.

The broker also distinguishes itself with its comprehensive educational resources, making it an excellent choice for both novice and experienced traders. When it comes to mobile trading, Forex.com has an app that's designed to provide instantaneous access to global currency markets, a factor that's integral to time-sensitive forex trading.

Overall Ratiing		⭐⭐⭐⭐⭐
Min. Deposit		$100
Regulation		ASIC, FCA, FSA, NFA, IIROC, CIMA (offshore), MAS
Financial Instruments		currency pairs, precious metals, energies, indices, bonds, cryptocurrencies and equities
Demo Account		Yes ($50,000 in virtual funds and active for 30 days)
Max. Leverage		1:200
Trading Platforms		Mobile App, Web Trader, MT5
Open Forex.com Account

Forex.com Mobile App

Cementing its place as a power player in the mobile trading space, the Forex.com mobile app offers a blend of functionality, accessibility, and tailored design that provides instant access to currency markets, residing favorably with forex traders.

One of the critical standouts of the Forex.com mobile app is its specialized focus on forex trading. The app avails an extensive range of currency pairs spanning major, minor, and exotic pairs, catering to the diverse trading preferences of its global user base. Its seamless integration with the Forex.com web platform ensures that traders stay synced with their trades, regardless of their location.

In terms of design, the app's intuitive interface allows users to easily navigate through different market data, live charts, news, and rates. Its real-time analytic tools provide crucial insights into market trends, thereby equipping traders with valuable knowledge to make informed decisions.

Notably, the Forex.com app offers SpeedTrader, a feature highly revered by high-frequency traders. It ensures rapid execution, facilitating swift entry and exit from trades, a benefit particularly advantageous in the rapidly changing forex markets. Stop-loss and take-profit orders are also at the helm offering active risk management tools.

Moreover, comprehensive educational resources are readily available right within the app, making it uniquely appealing to beginners and those looking to expand their trading knowledge.

In conclusion, by prioritizing immediate market access, user-friendliness, and robust forex trading capabilities, the Forex.com mobile app ranks as a reliable aid for traders seeking an edge in the currency trading spectrum.

Interactive Brokers (IB) - Best for experienced traders seeking global trading capability

Interactive Brokers (IB) is a renowned forex broker recognized for its extensive range of tradable assets and sophisticated trading platforms. Founded in 1978, this long-standing heavyweight has consistently earned accolades for its commitment towards delivering advanced technology to traders globally. Over the years, it has cultivated a significant base of users ranging from casual investors to large trading institutions.

For mobile trading, Interactive Brokers provides a versatile app, known as IBKR Mobile, that equips traders with advanced trading features, real-time market data, and comprehensive analytics tools, thereby appealing to experienced traders seeking in-depth functionalities.

Overall Rating		⭐⭐⭐⭐⭐
Min. Deposit		$0 (IBKR Account)
Regulation		ASIC, FCA, FSA, IIROC
Financial Instruments		150 markets - stocks, options, futures, currencies, bonds and funds
Demo Account		Yes
Max. Leverage		1:400
Trading Platforms		IBKR Trader Workstation (TWS), IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR API, IBKR IMPACT
Open IB Account

Interactive Brokers Mobile App

Interactive Brokers has earned its esteemed reputation with its advanced technological solutions within the trading sphere, one testament of which is the company's mobile trading app, IBKR Mobile. The application serves as an ideal companion for traders prioritizing global reach and depth of functionality within their mobile trading experiences.

The IBKR Mobile app opens a gateway for users to access markets across the globe. This translates to a remarkable collection of tradable assets spanning across various classes. Users can trade in forex, stocks, ETFs, futures, options, and more, across the world's leading exchanges. Such wide-ranging global access unequivocally positions the IBKR Mobile app as a powerhouse in the realm of versatile trading platforms.

The focus on comprehensive trading functionalities is also evident in the IBKR Mobile app's robust feature set. It boasts a real-time data streaming capability that allows traders to stay updated on market situations. The interactive charts, time and sales data, and other insightful analytics tools help traders efficiently track market trends and make informed trading decisions.

Further enhancing its capabilities, the app provides trading-Algo capabilities. Traders can customize strategies using 'IBot,' an AI-powered tool that facilitates the creation, backtesting, and execution of algorithms.

On the user experience front, the app's intuitive design ensures a smooth trading journey. A customizable watchlist allows traders to monitor selected markets closely, while advanced portfolio management tools provide a clear overview of trade performances.

And as expected from a firm with a clear emphasis on customer empowerment, the IBKR Mobile app contains an extensive range of educational resources and webinars. This feature reinforces IBKR's dedication to fostering growth in its trading community.

In conclusion, the Interactive Brokers' mobile app, with its advanced functionality and global trading capabilities, is an exemplary tool for traders seeking depth and versatility in their mobile trading experiences.

AvaTrade - Best for traders starting out and requiring educational tools

AvaTrade is a prominent online forex and CFD broker with a reputation for providing a high-quality trading experience to its clients. Founded in 2006 in Dublin, Ireland, AvaTrade has since grown to serve over 200,000 registered users worldwide, executing more than two million trades a month covering various asset classes including Forex, cryptocurrencies, commodities, indices and stocks.

Known for its robust regulatory oversight from various global financial authorities, AvaTrade aims to provide a secure and transparent trading environment for its clients. For mobile traders, AvaTrade offers a suite of high-quality mobile trading platforms, such as AvaTradeGo and the ever-popular MT4 platform, designed to provide traders with an intuitive, feature-rich trading experience on the go.

Overall Rating		⭐⭐⭐⭐
Min. Deposit		$100
Regulation		ASIC, FSA, FFAJ, CBI, FSCA
Financial Instruments		1250+, forex, stock index, stock, commodities, ETFs
Demo Account		Yes ($10,000 in virtual capital, lasts for 21 days and can be renewed upon request)
Max. Leverage		1:30 (retail), 1:400 (professional)
Trading Platforms		MT4, MT5, WebTrader, AvaTrade Go
Open AvaTrade Account

AvaTrade Mobile App

Delivering a holistic trading experience on-the-go, AvaTrade's mobile app has produced a strong market reputation. Emphasizing security, user-friendliness, and comprehensive educational resources, AvaTrade presents a desirable mobile platform for newcomers navigating the trading world.

AvaTrade's commitment to bridging the knowledge gap for less experienced traders is laudable. The mobile app curates an impressive array of educational content that encompasses trading tutorials, webinars, and e-books primed for different learning preferences. This way, novice traders can gain foundational knowledge and develop trading prowess at their own speed. The app also provides a free demo account which gives fledgling traders the opportunity to practice their strategies and understand the dynamics of financial markets without risking real money.

The app follows a simplistic design, boasting an intuitive user interface that facilitates easy navigation across various sections. This approachable design ensures that the platform is not intimidating for beginners, helping them become accustomed to the rigours of trading with ease.

Traders can access an amalgamation of tradable assets including forex, cryptocurrencies, indices and more, offering a diversified trading experience. The real-time market updates keep users abreast of market trends and provide them with a pulse of global financial markets.

The app is also enriched with advanced charting tools for technical analysis - a essential component in crafting effective trading strategies. The Risk Management features like stop loss, take profit, and price alerts equip users with necessary safeguards against potential losses, which is a great bonus for newcomers in forex trading.

Additionally, AvaTrade's dedication to creating a secure trading environment is reflected in their mobile app as well. It's underpinned by robust security measures, guaranteeing the safety of users' funds.

In conclusion, AvaTrade's mobile trading app offers a harmonious blend of comprehensive educational tools, user-friendly design, and trustworthy security measures, making it an ideal choice for novice traders seeking a sturdy start in their trading journey.

eToro - Best for traders interested in social trading

eToro is a global social trading platform that stands out for its innovative approach to trading, with a focus on social and copy trading. Coined as the world's leading social trading network, eToro was founded in 2007 with the vision to make trading accessible to everyone, and to reduce dependency on traditional financial institutions. It has since attracted millions of users from over 140 countries.

Offering a wide variety of assets such as forex pairs, stocks, commodities, and cryptocurrencies, eToro provides a unique platform where traders can share their investment strategies, follow each other's portfolios, and even copy the trades of successful traders, turning trading into a more collaborative and educational experience. This unique blend of trading and social media is delivered through a user-friendly interface, including a mobile app that ensures users never miss a beat.

Overall Rating		⭐⭐⭐⭐
Min. Deposit		$10
Regulation		ASIC, CySEC, FCA
Financial Instruments		3000+, Stocks, Cryptocurrencies, Currencies, Commodities, ETFs
Demo Account		Yes
Max. Leverage		1:30 (retail)/1:400 (professional)
Trading Platforms		MT4, eToro proprietary platform
Open eToro Account

eToro Mobile App

Cultivating a cutting-edge amalgamation of trading and social interaction, eToro's mobile app creates an unprecedented trading environment. Designed with an inversion of traditional solitary trading in mind, the app brings a shared experience to the forefront, rendering it an attractive choice for those intrigued by the nuances of social trading.

Unsurprisingly, the hallmark of eToros mobile platform is its treasure trove of social trading features. Social feeds within the app operate much like a conventional social media platform, providing users with the means to follow and interact with other traders globally. Users can participate in trading discussions, share trading ideas, and acquire firsthand knowledge from experienced traders. The app bolsters this sense of community by allowing one trader to follow another's portfolio, examining their investment strategies and gaining insights.

Particularly noteworthy is the 'CopyTrader' function. This unique feature of eToro allows users to replicate the trading decisions of successful investors, effectively operating on an 'if they win, you win' principle. For novice traders or those testing new markets, this functionality can serve as a valuable tool for learning and risk reduction.

The app's plethora of tradable assets spanning forex, commodities, stocks, cryptocurrencies, and more facilitate a diverse trading environment. Coupled with real-time price tracking and interactive charting features, eToro provides all essential necessities for comprehensive trading.

The design of eToro's mobile app aligns with the company's ethos of making trading a more accessible field. The interface is clean, intuitive, and user-friendly, ensuring that traders of varying skill levels can navigate it with relative ease.

From an educational standpoint, the mobile platform also offers a vast range of resources, including video tutorials, podcasts, and market news for advancing user trading acumen. Added to this is the opportunity for risk-free practice with the help of eToro's virtual portfolio feature.

On the whole, the eToro mobile app delivers an enriching trading experience that extends beyond mere trading transactions. By integrating social involvement and collaborative learning into its core structure, eToro's mobile app truly stands out as a unique frontier in the mobile trading world.

Pepperstone - Best for traders requiring superior customer support

Pepperstone is a leading global forex broker that has been operational since 2010. Based in Melbourne, Australia, Pepperstone is renowned for its low-cost trading and lightning-fast execution speed. With its extensive range of tradable financial assets, it caters to a diverse clientele comprising both novice and seasoned traders. A stalwart of technological innovation in trading, Pepperstone offers advanced platforms including MetaTrader 4, MetaTrader 5, and cTrader.

Pepperstone further caters to the needs of mobile traders by offering a competent mobile trading app that combines user-friendly design with powerful functionality, predominantly focusing on forex trading while also providing access to a variety of other asset classes. The firm's unwavering commitment to outstanding customer service has bolstered its reputation within the industry, making it a preferred choice for many traders globally.

Overall Rating		⭐⭐⭐⭐
Min. Deposit		$200
Regulation		ASIC, CySEC, FCA, DFSA, SCB (offshore)
Financial Instruments		1000+, forex, cryptocurrencies, shares, ETFs, indices, commodities
Demo Account		Yes
Max. Leverage		1:30 (EU retail)/1:500 (Professional)
Trading Platforms		Trading View, MT4, MT5, cTrader
Open Pepperstone Account

Pepperstone Mobile App

Equipped with a highly intuitive interface, along with powerful trading tools, Pepperstone's mobile app emerges as an impressive platform for traders on-the-move. Its mobile app mirrors the organizational commitment to technological innovation and user-friendliness that Pepperstone is renowned for.

Pepperstones mobile app allows users to trade in a slew of financial markets, including forex, CFDs, commodities, cryptocurrencies, and indices. Despite offering such diverse asset classes, the app's primary focus is on forex trading, accommodating a broad range of currency pairs that appeal to various trading styles and strategies.

For traders who need to stay updated, the app provides real-time pricing and order execution, ensuring that market fluctuations dont result in missed opportunities. The live charting feature, which includes numerous useful indicators and tools for technical analysis, allows traders to delve deep into market analysis, making informed trading decisions straight from their mobile devices.

The introduction of the MetaTrader 4 and MetaTrader 5 platforms within the mobile app provides a seamless transition between desktop and mobile trading, preserving the familiarity of the MetaTrader interface. This cross-compatibility is a boon for active traders, enabling them to manage their trades cohesively across different devices.

However, one of the most distinguishing features of Pepperstone and its mobile application is the excellent customer service the company provides. Regarded highly for its client-centric approach, Pepperstone ensures that users receive expert, prompt, and personalized help whenever required. They offer 24/5 customer support through various means, including phone, email, and live chat, addressing technical issues and trading queries with utmost care and professionalism.

Additionally, the mobile app features an extensive FAQ section and numerous educational resources, reinforcing Pepperstone's aim to provide exemplary customer service not just through direct support, but also through proactive user education.

In conclusion, with its user-friendly design, extensive trading capabilities, and superior customer service, Pepperstone's mobile trading app stands out as an ideal platform for traders seeking a well-rounded, efficient, and supportive mobile trading experience.

XM - Best for flexibility in trading conditions and risk management

XM is a renowned online forex and CFD broker that has made a name for itself with its comprehensive suite of trading platforms and personalized client service. Founded in 2009, XM operates under the trade name Trading Point of Financial Instruments and offers the ability to trade in various markets, including forex, commodities, equity indices, precious metals and energies. It has thus attracted over 2.5 million clients from virtually every country in the world. XM prides itself on a strict no re-quotes and no rejection of orders policy, offering 99.35% of all trading orders executed in less than a second. It also provides a robust mobile trading platform, enabling clients to access real-time market data and execute trades anytime, anywhere. XM's dedication to facilitating a high-quality trading experience for its clients is apparent in its 24/7 client support and extensive educational resources.

Overall Rating		⭐⭐⭐⭐
Min. Deposit		$5
Regulation		ASIC, CySEC, FSC (offshore), DFSA
Financial Instruments		1000+, forex, CFDs on indices, commodities, stocks, metals and energies
Demo Account		Yes
Max. Leverage		1:1000
Trading Platforms		MT4, MT5, XM WebTrader
Open XM Account

XM Mobile App

Synonymous with speed, flexibility, and dependability, the XM mobile app emerges as a trustworthy platform for traders seeking streamlined access to global financial markets.The XM mobile app offers users access to a host of markets, including forex, commodities, equity indices, precious metals, and energies. With over seven asset classes and hundreds of instruments at traders' fingertips, the app embodies true versatility for a comprehensive trading experience.Built to reflect XM‘s no re-quotes policy, the mobile app’s execution speed is impressive. The vast majority of trades are executed in less than a second, ensuring that traders capture their desired trade conditions in real-time. This serves as a significant advantage in highly volatile markets, where speed and precision determine trading success.One of the foremost considerations in trading is risk management, and XM's mobile app is designed with multiple tools to empower prudent risk management practices. These include instant order placement, trailing stops, stop-loss and take-profit functions, all of which can be customized as per a trader's risk tolerance and strategy.The app is powered by MetaTrader 4 and MetaTrader 5, widely acclaimed trading platforms that bring sophisticated charting and analysis tools to the user's smartphone. The availability of multiple chart types, timeframes, and in-depth technical indicators balance the app's versatility with technical profundity. These tools equipped within the app, combined with real-time market feeds, arms traders with requisite data for precise market analysis.User experience is a clear focus in the UX design of the XM mobile app. Its interface is intuitive and easy-to-navigate, making it approachable for traders of all experience levels. However, despite its user-friendly blueprint, it does not compromise on functionality, delivering comprehensive features that experienced traders seek.In terms of educational resources, XM‘s mobile app extends the broker’s commitment to trader education. A vast array of interactive learning materials, market analysis, and webinars are readily accessible within the app, allowing traders to upgrade their trading knowledge and skills continually.Exceptional customer service is another highlight of the XM mobile app. Responsive and readily accessible, XM's customer support is available 24/7 and caters to clients' queries with timely and professional assistance.

In conclusion, the XM mobile app stands out as a solid enabler of comprehensive, flexible, and enlightened trading. Its stellar trade execution speed, diverse trading tools, and robust risk management features translate into an app that is well-suited for both beginning traders learning the ropes and experienced traders seeking advanced functionality.

Choosing the best forex trading app can seem daunting with so many options available. Don't worry, we are here to help you navigate the process!

Trading Style

Beginner: Prioritize user-friendliness, educational resources, and demo accounts. Platforms like eToro and AvaTradeGoexcel in this area.

Intermediate: Balance ease of use with advanced features like technical indicators, order types, and research tools.IG and Forex.comoffer a good balance.

Experienced: Focus on powerful trading tools, market data, research capabilities, and competitive fees. Interactive Brokers (IB) and Pepperstone cater to this segment.

Platform Features

Asset Variety: Do you primarily trade forex, or are you interested in CFDs, cryptos, or other assets? Choose a platform offering your desired instruments.

Trading Tools: Technical indicators, charting tools, order types, risk management features, and research tools are crucial for informed trading.

User Interface: A clean and intuitive interface is essential for comfortable and efficient trading, especially on mobile devices.

Commissions & Spreads: Compare fees to find a platform that fits your budget and trading volume.

Additional Considerations

Regulation: Choose a platform regulated by reputable authorities like the FCA, SEC, or ASIC for security and peace of mind.

Customer Support: Reliable and responsive customer support is important for resolving any issues.

Demo Account: Practice trading and test the platform before investing real money.

Tips: There's no one-size-fits-all solution. Compare various platforms based on your individual needs and preferences. Reading the above detailed reviews, checking comparison tables, and trying demo accounts can be helpful.

If you're a beginner in forex trading, you might find eToro's mobile platform to be a good fit. The app is known for its straightforward and user-friendly interface, making it easy to navigate even for novices.

Moreover, eToro provides a unique social trading feature, allowing new traders to learn from and copy the trades of experienced traders. Its rich educational content, including tutorials, guides, and market updates, can also be valuable for those who are new to forex trading. 

A good Forex trading mobile app should have the following features:

User-friendly interface: The app should be easy to navigate, even for beginner traders. A clean, intuitive design can greatly enhance the trading experience.

Broad range of assets: The app should provide access to a wide range of currency pairs so that traders can diversify their portfolios.

Quick order execution: In the rapidly moving forex market, speed of execution is crucial. The app should be able to execute trades quickly and smoothly.

Charting and analytical tools: The app should provide a wide range of charting tools and indicators to help traders analyze the forex market and make informed decisions.

Real-time market updates: The app should provide real-time updates of market prices and trends. This will help traders react promptly to market changes.

Secure and reliable: Given the sensitive nature of trading data, the app should offer strong security measures. It should also function reliably without crashes or bugs.

Education resources: Especially for beginners, educational resources such as tutorials, webinars, and articles on forex trading can be incredibly helpful.

Risk management tools: Features like stop loss orders and take profit orders can help traders manage their risk effectively.

Demo account: A feature that allows users to practice trading with virtual money before they start risking real money can be beneficial, especially for beginners.

Responsive customer service: A good app should be backed by an efficient customer service team to assist traders if they encounter any issues or have any queries.

	Mobile Trading	Desktop Trading
Portability	High, can be used anywhere with internet connection	Limited, requires being at a desk
Screen size	Smaller, may limit detail of analysis or multitasking	Larger, beneficial for complex charts and multiple trades
Speed of execution	Dependent on device performance and internet connection	Typically faster with stable internet connections
Features and tools	Adequate for basic trading, sophistication increasing over time	Usually more advanced features and customization options
Battery Life	Limited, dependent on device	Not applicable
User preference	Convenient for quick trades on-the-go	Preferred for complex trades or analysis

Yes, it's possible to use multiple Forex trading mobile apps at once. Some traders may choose to do this in order to take advantage of different features or services offered by each platform.

However, running multiple apps can make trading more complicated and it's important to keep track of all your trades across multiple platforms. Also, it can be more demanding for your mobile device in terms of processing power and battery life.

Most Forex trading apps are free to download and use. However, brokers make money through spreads (the difference between the buy and sell price) and commissions on trades.

Some may also charge fees for inactivity, withdrawal, overnight financing also known as “swap” or “rollover” fees, and for access to premium features or resources. It's important to read the terms and conditions of a trading platform before you begin trading to understand all the potential costs.

While special training is not strictly necessary to trade Forex on mobile apps, it is advisable to have a clear understanding of the basics of Forex trading and the functionality of the trading app before starting.

Many brokers provide educational tools like video tutorials, webinars, and demo accounts that simulate real trading on their platforms, allowing you to gain experience and learn how to trade before actually risking real money. Using these resources can significantly improve your understanding and skill in Forex trading, making it a good idea to invest time in training and education.