A Comparison of Forex Broker Mobile Apps
Most online forex brokers tend to produce high quality mobile apps. Brokers appreciate the need to trade on the go, and to have access to markets and trades wherever you are. Some brokers have both a mobile responsive website, and a dedicated mobile app, so customers can decide which option best fits their needs. In short, if you want, or need, to trade from your phone or other mobile device, that shouldn’t be a problem.
XM Mobile App
The XM mobile app is available free for iOS and Android devices, and can be downloaded from the App Store or Google Play. It provides traders with a very robust, advanced, and yet simple to navigate trading platform. Login is easy and there is a two-step authentication if you want to withdraw and deposit funds.
The app incorporates most of the same functions as the main platforms, including a choice of languages, and price alerts. You can use all the same order types and limits as on the web trading platform. Finding your way around the app is fairly straightforward and intuitive. It supports MT4 and MT5 trading and has a great search function. The XM app has a four-star rating on Google Play, and a 4.5 rating at the App Store.
Pepperstone Mobile App
Pepperstone offers three mobile trading platforms: MT4, MT5 and cTrader. The MT4 is the most popular, and all versions are available free for iOS and Android devices. The apps provide traders with a very intuitive trading experience, with most of the same features that you would find on the web-based platform. Like many broker apps, however, this one only requires one-step login, which seems a little insecure for an app that allows for real money transfers.
The app includes a choice of languages, though setting this up can be a little tricky. On Android devices, the app will work in the same language you have your device set to, which makes sense, but means you may have to reset that language, to ensure the app has switched to it. You can search for products within the app and execute orders quickly and easily. The Pepperstone MT4 app has a 4.6-star rating on the Google Play Store.
OctaFX Mobile App
The OctaFX mobile app is also available free for iOS and Android devices. It can be downloaded from the App Store or Google Play, and is very easy to install and set up. This app is well designed, and provides traders with a robust and attractive trading platform. OctaFX have created an app that allows traders to place orders, deposit and withdraw funds, activate bonuses, and modify leverage, all right there in the app.
You can also create your account from the app, meaning that keen mobile traders will find they can pretty much trade exclusively from the app, accessing all the features they need, on the go, throughout the trading day. The OctaFX Trading app has a 4.2-star rating on the Google Play Store, with well over 10,000 downloads.