Leading 4 Apps for Forex Traders

The major currency pairs traded in the forex market are active, often volatile, event-driven and so very at risk of economic news announcements that occur for the regular 24-hour trading day. Active currency traders love to gain access to market news, quotes, charts and their trading accounts at their fingertips all the time. It has made smartphone computer programs remarkably popular with forex traders.

Nearly all forex brokers offer mobile applications, and some of this individual broker apps are incredibly popular that traders who don’t have accounts with all the broker still use its apps. Other popular forex trading apps offer free and easy access to news, price quotes and charting.

NetDania Forex and Stocks
NetDania Forex and Stocks is one the highest-rated and most popular apps utilized by forex traders due to the simplicity of use and versatility. The app provides up-to-the-minute forex interbank rates and access to real-time price quotes on stocks and commodities, such as for instance gold and silver – more than 20,000 financial instruments in most. In addition, the app offers live, streaming charts in addition to latest market news from FxWirePro and Market News International. In addition it allows traders to create price or trendline alerts on specific currency pairs, stocks or commodities, and to customize the menu to match their personal desires for news and price quotes. The app is present for iPhone and Android smartphones.

Trade Interceptor
Trade Interceptor is yet another popular trading app designed for iPhone and Android users. The app provides traders with a number of options, like the capacity to trade currency pairs, binary options and commodity futures through a selection of forex brokers. The interface offers analysis and technical trading tools, including nearly 100 technical chart indicators. Trade Interceptor also provides access to call home, streaming price quotes and price charts, including the latest Bitcoin prices. Traders can set alerts for price levels or news releases, as well as the app provides use of the daily economic news calendar and real-time market news. Additionally there is an attribute that allows traders to do simulated trading and backtest trading strategies using historical price data.

Bloomberg Business Mobile App
Bloomberg offers a number of mobile applications for iPhone and Android, but usage of many of these apps requires that the users have current subscriptions to Bloomberg services. However, even its basic business mobile app is much more than sufficient for some traders whose primary interest is real-time use of the newest market news. The app offers access to global financial market and business news, market price data and portfolio tracking tools. The menu is customizable, plus the app’s Watchlist feature lets traders track and analyze their present market positions in currencies, commodities, stocks, mutual funds and exchange-traded funds (ETFs) with charts and information summaries. Users may also watch Bloomberg TV live through a internet video feed.

thinkorswim Mobile
Perhaps one of the most popular trading apps supplied by an agent is TD Ameritrade’s thinkorswim Mobile, a full-service trading and investing platform application. thinkorswim allows TD Ameritrade clients to trade currencies, options, futures and stocks with an easy-to-use, on-screen interface. Users can access live, streaming charts they can load with common technical indicators and on occasion even chart study tools that the consumer has established for himself. For up-to-the-minute business and financial market news, users can access live, streaming CNBC broadcasts. Active traders can use the thinkorswim Mobile app to monitor their positions, orders and accounts, make account deposits, and modify trading orders or alerts through their smartphones. The myTrade community feature lets users connect and keep in touch with fellow traders. Additionally, investors can try out their trading strategies utilizing the paperMoney trading simulator feature on thinkorswim Mobile.

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