In recent years, many brokers have started to develop applications as trading activities begin to move from personal computers to mobile devices. Now, trading can be done anywhere and anytime with your mobile phone.
The coronavirus pandemic some time ago has pushed brokers even further to compete in optimizing their smartphone services, especially when it comes to communicating with their clients However, the majority of recommendations for best forex trading apps are Android-based. For this reason, we will specifically discuss recommended trading apps for iOS users.
Disclaimer: the list of applications in this article is sorted according to the highest rating in January 2024. Ratings may change in the future.
1. ThinkTrader (Apple Store Rating: 4.8/5)
ThinkTrader, a multi-asset trading platform from ThinkMarkets, can directly access a variety of trading products such as major and minor currency pairs, more than 1500 stocks, 16 indices, precious metals, commodities, and cryptocurrencies. The platform offers full-featured technical analysis with price charts, popular technical indicators, and various time frames. Not only can you see up to 4 charts on one screen but you can also deposit and withdraw directly on this app.
ThinkTrader introduces unique features such as the Trend-Risk Scanner, a market scanner that identifies high-accuracy trading ideas. This platform also provides real-time news from FX Wire Pro. For South African traders, ThinkTrades offers access to over 700 JSE-listed shares & ETFs as an FSCA-regulated platform.
2. MetaTrader 4 (Apple Store Rating: 4.8/5)
MetaTrader 4 allows you to trade and analyze financial instruments with various technical indicators. Real-time requote, pending orders, and trading via charts are some of the features that this platform also provides.
In MetaTrader 4, you can use advanced tools such as customizable charts and the ability to display four charts simultaneously on the iPad. The platform also offers push notifications from the desktop platform and MQL5 community services
3. OANDA (Apple Store Rating: 4.7/5)
The OANDA mobile app is a user-friendly platform and has won many awards. You can access major and minor currency pairs with tight spreads starting from 0.0 pips, instant quotes, and free charts. In fact, you can also deposit or withdraw directly from this broker's app.
In terms of credibility, OANDA has been trusted for more than 25 years in the industry. OANDA is a broker that is regulated in various countries with a commitment to transparency and client protection. You can take advantage of 24/5 multilingual customer support when you have questions or complaints about this broker.
4. TD Ameritrade Mobile (Apple Store Rating: 4.5/5)
Monitor markets anywhere with the TD app Ameritrade Mobile so you can find out market positions and trends. You can also enjoy the convenience of transferring funds and making deposits with Face Scanner or Touch ID technology for better security. There is also educational content available, including videos about investment strategies, stocks, and options trading.
Customize your style by setting the Positions page and watchlist according to your preferences. The TD Ameritrade Mobile app offers a comprehensive and secure trading solution that is available on iPhone, iPad, and Apple Watch®.
5. eToro (Apple Store Rating: 4.3/5)
eToro is a trusted platform used by millions of people around the world, offering transactions and deposits using cryptocurrencies such as Bitcoin, Ether, and Litecoin. If you open an account with the eToro app, you can earn commission-free investment profits in popular US stocks and ETFs.
With a minimum deposit of $10, you can join the eToro community to share strategies and utilize the CopyTrader technology. There is also a demo account with $100,000 in virtual funds if you want to explore eToro's features risk-free. Within this platform, you will find a variety of powerful tools for market research, technical analysis, and ProCharts.
eToro prioritizes security and privacy as it holds licenses from FINRA, SEC, and FinCEN in the United States.