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Best Forex Trading Apps For Beginners: Reviewed And Ranked

Let’s review and rank the best forex trading apps for beginners in 2024. With increased mobile usage in recent years – forex trading apps make it easier to keep up with the latest industry trends, news, and price movements. Many reputable forex brokers for beginners support mobile apps to trade in real-time from anywhere in the world. As an FX trader, choose trusted forex trading apps to benefit from mobile trading platforms 24/7. Based on your preferences, you can select between news apps, platforms, mobile solutions, and algo trading broker software to practice in the beginning. Keep reading to review and rank the best forex trading apps for beginners in 2024.

IG Trading: Best Platform For Education Support

IG Trading is one of the top-ranked forex apps for beginners. With access to IG Academy and DailyFX, this regulated forex broker provides comprehensive educational material to beginners. These educational sources cover both fundamental and advanced trading concepts. You can access multiple technical indicators and five distinct chart types to make profitable trades. Comparing IG and Oanda, the IG Trading app features an intuitive layout to access multiple features. In fact, you can set up charts and jump across multiple time frames with complete precision. Of course, professional charting enthusiasts like you can take advantage of IG Trading to analyze market trends on the go. Indeed, IG Trading is among the most reviewed forex broker apps for beginners.

FXTM: Automated Forex Trading Platform

FXTM is ranked as one of the best forex trading apps for beginners looking for an automated platform. A trusted automated FX currency broker – FXTM operates in 180+ countries in 2024. You can access FXTM’s trading app on multiple devices – including iOS, Android, Mac, and Windows. In addition, FXTM also supports flexible leverage for skilled traders looking to increase their earning potential. Meanwhile, beginners like yourself can access a range of educational resources to make more informed trading decisions. You can easily automate FXTM’s app to execute trades within a few milliseconds – supporting high-volume trading goals. Definitely, consider FXTM as one of the trusted FX broker apps for beginners for automated trading.

eToro: Popular Copy Trading App

In our eToro broker review, the company is ranked one of the best forex apps for copy trading in 2024. With 500+ instruments, this mobile app offers an all-in-one brokerage platform to copy trade both minor and major currency pairs.

Leverage Avatrade or eToro broker’s copy trading tool to automatically mimic experienced professionals’ moves. Additionally, you can copy multiple traders’ positions altogether with different strategies to maximize profits. Based on the copy trade asset selection, some of the fees may vary. As per eToro copy trading broker review, you’ll need to deposit a minimum amount to start copy trading with their application.

Moreover, eToro’s copy trading app is equipped with all the required drawing tools, indicators, analysis, and news. Furthermore, on a single screen, you can monitor multiple positions and charts. Certainly, consider one of the best forex apps eToro for copy trading in 2024.

RoboForex: Best For Metatrader Users

Another one of the best forex trading apps in 2024 for MetaTrader users is RoboForex. This multi-asset forex broker supports MT4/MT5 trading platforms with 1000+ users. With multiple language support, you can trade contracts for differences (CFDs) and forex. You can even download the RoboForex mobile app on iOS and Android to access MT4/MT5 platforms on the go. The platform supports intuitive applications and is fully featured to develop and optimize trading strategies. You can also mimic profitable moves from experienced MT4 traders to capitalize on the latest market trends. Additionally, the broker doesn’t charge any inactivity and deposit fees on your forex trading accounts. Plus, there are no commission charges on CFD trades. Surely, consider RoboForex as one of the best forex trading apps for MetaTrader users in 2024.

HFM: Best FX Trading App For Forex Analysis

Another best-reviewed and ranked forex trading app for beginners in 2024 is HFM. HFM offers beginners to trade on Forex, shares, ETFs, cryptocurrencies, commodities, indices, and bonds. This broker’s easy-to-navigate HF app includes in-app fund transfers, advanced charting, and access to their copy-trading account. You can also access their market news stream which provides the latest analysis of CFDs on forex, commodities, stocks, and indices. Plus, the HF app includes analytical tools, trading calculators, an economic calendar, and daily market analysis, which is a great resource for beginners. Additionally, FX also offers a dedicated section for copy-trading which helps you to monitor funds and manage your portfolio. Indeed, HFM is the top-reviewed and ranked forex trading app for beginners in 2024.

Discover some of the best forex trading apps for beginners in 2024. Choose the IG Trading mobile application to leverage advanced trading tools including alerts, signals, and charts. For automated trading platform support, you can consider FXTM Forex Broker. As one of the best copy trading platforms, you can consider eToro to mimic experienced professionals’ moves. MetaTrader users can choose RoboForex brokers with intuitive application support. If you want to learn forex analysis, HFM has one of the best FX trading applications with advanced tools. Follow the points above to find the best forex trading apps for beginners.

Author of this article

Picture of Chad Axelrod

Chad Axelrod

Chad Axelrod is a professional forex trader and market analyst with 15+ years of industry experience. Starting his career on Wall Street, he quickly realized his passion for writing and finance, working with a national publication for a decade. Through his posts, reviews, and broker comparisons - he believes beginner and seasoned traders should make informed decisions while selecting a broker. Leading the team at BrokerageToday.com, Chad prioritizes publishing unbiased and transparent reviews for traders in the industry.

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