Trading has become one of the most practiced practices by new entrepreneurs who seek to take advantage of one of the largest and multimillion dollar markets in the world, which is Forex, which is basically the currency market or exchange market in which It finds practically all the items, currencies, currencies and an endless number of values that each day have different prices, with which all those who speculate with it can win or lose money.
There are many ways to trade Forex and trade. There are many online platforms that are available for this, as well as apps that have numerous tools to evaluate charts and buy or sell currencies or items in the market. Below we list the 5 best applications for trading for Android.
Below you will find a series of the best apps for trading on Android smartphones. It is worth noting, as we always do, that all the ones you will find in this compilation post are free. Therefore, you will not have to fork out any amount of money to get one or all of them.
However, one or more may have an internal micropayment system, which would allow access to premium features and access to more features, among other things. Similarly, it is not necessary to make any payment, it is worth repeating.
On the other hand, first of all, from Androidsis We do not encourage you to invest in any platform, be it Forex or any other site that represents a risk to capital. Keep in mind that the currency market and everything related to trading has to be carried out with knowledge and experience; otherwise, the investment of money intended for this may be lost. Also, that everything that is done is under the responsibility and conscience of each one ... Now, with that said, these are the best apps for trading on Android phones.
MetaTrader 4
If you are a connoisseur of the world of trading or have ever heard of it, you may be familiar with the name MetraTader 4. And this is one of the apps most used by traders to operate in the Forex market, even above its sister MetaTrader 5, which is a newer version of this that was created by the same developer.
With MetaTrader 4 it is possible to use a lot of different brokers. With MetaTrader 4 it is possible to make purchases and sales easily. This app has different graphs and indicators that help to carry out an analysis of possible price rises and falls, so it is perfect for predicting and knowing when it is good or not to make a purchase or sale of assets, currencies, securities and more. .
It is simple, having a Pretty simple user interface. However, it offers everything you need to make calculations and estimates. It also allows you to keep track of everything that happens with operations. Trading has never been easier. It also allows you to see the market price in real time and is compatible with hundreds of brokers, among which are the most popular, used and safe in Europe and other parts of the world. Some of its main features include the following:
- Quick to switch between the different charts of open trades.
- Customization and adjustment of the colors of the Forex charts.
- Notifications and notices.
- Possibility of adjustment and configuration of parameters such as Take Profit (TP) and Stop Loss (SP).
- Possibility of communicating through chat with any trader registered in MQL5.community.
- Over 1,200 assets to choose from.
- Possibility of opening a real and demo account.
- It is very light, weighing in at just under 10MB.
IQ Option
Another excellent app for trading is IQ Option. However, IQ Option is not only an application, but also a broker as such, so it has its own policies and commissions, although the good thing about this platform is that it has quite low commissions and offers the possibility of handling hundreds of assets, securities, currencies, commodities and more.
One of his specialties is binary options, which work in a similar way to the operations of purchase and sale of assets and currencies, since in these it is only necessary to predict if a price or value rises or falls in a short time previously determined by the same user. It is, without a doubt, another of the most used applications to operate in Forex, apart from also being a safe broker and regulated by different respectable bodies.
XTB
XTB is a broker with about 20 years of operation and experience. Its app is one of the most complete tools for Forex beginners and experts.It is simple, but it does not dispense with various charts, lines, guides and indicators that help predict and manage the operations of hundreds of assets, securities, commodities, currencies and more.
Has more than 5,000 instruments, among which you can also find shares of companies such as Facebook, Apple and Amazon, and cryptocurrencies such as Bitcoin, Ethereum or Ripple. It also accepts operations with raw materials such as Gold, Oil, Coffee and Copper, and popular and commonly used currencies around the world such as the US dollar and euro.
Libertex
This is a fairly practical and feature-rich trading app that, Due to its simplicity, it is very similar to MetaTrader 4. It has numerous tools that allow you to open and close positions, as well as manage them easily, quickly and intuitively thanks to the graphs it shows, which allow you to make and make good decisions when monitoring different assets, currencies and more. .
Plus500
Plus500 is one of the most used brokers in the world, and one that is also regulated by many agencies. Its commissions are low, at the same time that its app is one of the best to trade today and control operations and more than 2,000 assets.
