Get ready to read why we think these are the best Forex trading apps for beginners! A variety of brokers are available in the market from which you can buy and sell currencies without any inconvenience. A reliable broker is someone who often provides you with a native forex trading app to execute your positions.
With the help of the Forex trading app, a trader can access the forex market 24/7 and access fundamental trading tools. Some of the apps often provide you with access to perform withdrawal and deposit functions with just one click.
Right through this guide, we will explain to you the best Forex trading apps for beginners to have a professional experience of trading during the initial stages.
1. Blackstone Futures
On top of the list is Blackstone Futures a reliable broker platform regulated by the FSCA of South Africa. This broker provides multiple tradable instruments to start your trading experience. You can start trading on asset classes such as commodities, indices, equities, futures, and spot forex. Plus, the broker is also available with the best MT4 platform along with their proprietary Cloud Trade platform. Useful trading tools and educational resources are also available for further assistance.
2. eToro
Second on our list, we have eToro, an excellent trading app for beginners to learn more about the inside world of trading. This app is available with various popular digital currencies such as XRP, Bitcoin, and Ethereum.
In addition, some extra features are also part of this app, including unlimited daily withdrawals and real-time market order execution.
Using this app will also help you access best trading tools and catch the latest trading trends available on today’s market. Customized notification for Bitcoin or other cryptos on the checklist is also available.
Best For : Social Media
3. TD Ameritrade’s thinkorswim
For beginner traders, visiting TD Ameritrade’s thinkorswim app is an excellent option to learn the basic skills of Forex trading.
By opening a brokerage account with TD Ameritrade, traders can trade stocks and futures without any inconvenience. It has some latest alerts and CNBC mobile streaming to keep yourself updated with the market news.
Best For : Beginner traders – Day Traders – Retirement savers
4. FOREX.com
FOREX.com has made itself the top leading forex broker in the market due to it’s low spread. This broker is also available with an excellent mobile app system for Android users.
This mobile app has full functionality with advanced charting options, the latest news, and fund management. A trader can also customize the watchlist on the dashboard. They can smoothly watch for the trading positions through this beginner-friendly trading app
Best For : Fresh traders – Active Forex Traders – MetaTrader 4 Users
5. Nadex
On the 4th spot, we have NadexGO™, which is available with advanced trading tools for beginners and advanced traders. This app is available with account management tools, has complete charting & technical analysis with real-time direct market access.
Nadexapp has its main specialization in spreads trading and binary options. Its fee structure is $1 per contract with a $50 maximum cap.
Best For : Binary trading
FAQs
1. Which are the best forex trading apps for beginner traders?
The top 2 best trading apps for beginners are Blackstone Futures, TD Ameritrade, and Forex.com.
2. How can you easily withdraw funds from any Forex mobile trading app?
You have to log into the Client Portal, choose the “add funds “option, and click “withdrawal.”