➤ Best Trading Forex App for begginers 2019

➤ Best Trading Forex App for begginers 2019

There are millions of people around the world who are making a living with the Forex market. Even so, that does not mean that it is an easy market to master. There are a lot of variables that you should consider when opening a position and regardless of how much you analyze the market, you may be wrong.

Analyzing the market and determining the best points of entry and exit itself is already complex. And you do not need to add other disadvantages to your trading routine, such as lack of mobility or slow execution of orders. Fortunately, in recent years a new trend has appeared that has been of great help to all operators: mobile Forex trading.

With the advent of mobile devices, now you do not have to spend time in front of a computer to run your operations or analyze the market. All you have to do is open an application on your phone or tablet, and enjoy the same functions offered by desktop software and trading from your smartphone, for example.

However, with so many options available, you may be wondering: What is the best Forex mobile trading platform? For this reason, we have prepared this article to explore the different options available in the market, and determine which is the best for your case.

As you may know, the best platform will depend on your personal trading goals. What might work for a certain operator is probably not right for you. It is important that you not only read the information we are about to present, but that you personally test each software to get an idea of ​​its functions and know the best mobile trading platform.

MetaTrader 4 and MetaTrader 5

MetaTrader 4 and MetaTrader 5 is not only the most popular currency trading software for desktop computers, it is the most used mobile trading platform of the moment. If you are already familiar with Forex, chances are you already know this program.

MetaTrader 4 is a highly recognized software that has a wide range of features and functions to analyze and perform financial operations. The functions of MT4 are so varied and numerous that they go from the backtesting (tests with historical data) to the live tracking of trading signals.

Features of MetaTrader 4 and MetaTrader 5 for mobile

Luckily, this famous platform has been adapted for mobile phones and tablets, and has the same great functions as the desktop version. Among the features of the mobile version of  MetaTrader 4 and MetaTrader 5 you can find:

Tools for technical analysis of the market: these include indicators of trend tracking, oscillators, momentum indicators, different kinds of graphs, etc. MT4 includes more than 50 technical indicators and visual tools that will allow you to apply technical analysis in the same way as you would with the desktop program.

• 9 different temporalities: with MT4 and MT5 for mobile you can apply strategies of any time range, since it has temporalities ranging from 1 minute to 1 month.
• 3 types of execution of orders: of course, instant execution is included here, which is what forex traders mainly look for.
• 24-hour access to the market: one of the great advantages of MetaTrader 4 and 5 for mobile phones is that you can access the market at any time and anywhere. This gives you incomparable versatility.
• Full functionality: Although MetaTrader 4 and MetaTrader 5 are platforms for mobile devices, it does not mean that you have fewer options than your desktop counterpart. Here you can open and close orders in the market, in addition to using advanced positions such as dynamic stop loss and OCA orders.
• Simple and friendly interface: MetaTrader 4 and 5 is designed to be used in the simplest way possible. For this reason, you can open operations directly on the chart and receive alerts about your positions on your device.

Similarly, MetaTrader 4 and MetaTrader 5 are widely recognized platforms for their high level of security. Thanks to its encryption, all communication between your device and servers is protected from attacks by hackers and other unscrupulous people.

For all these reasons, we can say with certainty that MetaTrader 4 and MetaTrader 5 are the best Forex mobile trading platforms. This is a place that has well deserved in the trading community, since it is a highly effective software to perform financial operations.

MetaTrader 4 can be described as the best mobile trading platform. However, there are other Forex applications that can improve your trading with additional features and special features that you will undoubtedly love.

Forex mobile applications

This is a list of mobile Forex trading applications that are worth knowing. All have advantages and unique features that will enrich your trading and make you a better operator.

Forex Hours

It is true. With mobile trading applications you can enter the forex market and trade at any time. However, that does not mean that all the hours of the day are equally profitable to operate.

This is where Forex Hours comes in. This mobile Forex app developed by CodingTrader allows you to easily analyze the different trading sessions of the most important exchanges in the world. So you can find the best hours of operation, with the highest volatility and price fluctuations. In addition, Forex Hours is a great help when it comes to Forex trading on mobile devices as it sends alerts on the opening and closing of markets.

Forex Game

This is a curious mobile Forex application that imitates a real trading environment for you to practice and "play" to be an operator Forex Game presents an imitation of a mobile trading platform with many of the functions that you can find in the software So you can play in the Forex market, buy and sell virtual currencies, and have a lot of fun without risking your money.

Among the features of Forex Game are:

• A mobile Forex platform based entirely on a fictitious environment.
• Immediate access You do not have to create trading accounts.
• Quick update The market information is updated every 5 seconds.
• Competition. Share your achievements with your friends and discover which is the best operator of all!

Forex Calendar, Market & News

Forex Calendar, Market & News is the official application of MyFXBook.com, one of the most important communities in the world of financial trading. This app has several tools to manage your trading account and analyze the currency market.

Among the features of Forex Calendar, Market & News are:

• Investment portfolio: Here you can see all the data related to your trading accounts, such as your equity balance, open positions, account evolution, etc.
• Real-time quotes of different financial instruments: In this application you can receive alerts in real time of more than 60 currency pairs over 9 time periods. So you can keep up to date when trading Forex on your mobile.
• Forex charts: Although your Forex mobile platform must have this feature, it is not too much. Forex Calendar, Market & News has excellent quality price charts and the most important technical indicators such as simple and exponential moving averages, Bollinger bands, etc.
• Market News: As the name implies, Forex Calendar, Market & News presents the most important financial news at the moment of the most trusted sources.
• Market sentiment: Finally, Forex Calendar, Market & News shows you the expectations in the trading community. This way you can prepare yourself better for future trends in the currency market.

Investing.com

This is a Forex mobile trading application that has several interesting features that perfectly complement your main platform. Investing.com is an app with quotes of more than 40,000 financial assets, economic calendar, the most important news in the world, technical analysis tools, among others.

Investing.com is a mobile trading app that you should definitely install on your device.