Forex app for iphone

Forex apps for iPhone.

Forex has come a long way from the London cable. And the newest addition to this web-hosted market is trading through portable computing devices like smartphones. Now as far as smartphones are concerned, Apples iPhone is among the most sought after devices. And individuals interested in forex with an iPhone also want apps which can deal with trading in it. If you are one of them, looking for more on forex apps for iPhone, then you’ve come to the right place.

FAQs on forex apps for iPhone.

Well, there aren’t as many apps compatible with iPhone or rather Apple OS (Operating System) as there are with Android. However, there are a few forex apps for iPhone which cater to anything and everything, i. e. provide a complete trading platform.

These apps are programmed by foreign exchange trading companies and even independent software development companies who simply re-program their Android-based apps for iPhone compatibility. Along with these, there are apps which have hit the market directly from the Apple stable custom-designed for iPhones and their clients. Here are some FAQs regarding a forex app for iPhone: -

Are these apps just as good as Android apps?

Most of these apps are Android-based apps which are made compatible with an iPhone OS. They display the same features as per the OS and are just as functional and user-friendly. There are no differences whatsoever between either other than the way you navigate through them.

Is a forex app for iPhone a complete alternative to a PC software application?

Desktop or laptop based software applications dealing with forex and trading are complete platforms loaded with any and every feature which you may need. A forex app for iPhone may or may not come with all these features given that it has limitations of processing speed and RAM.

But most of these apps can be used in place of a PC especially when the latter is not accessible. This is one of the most important features of a smartphone app; you can access the forex market and even trade in it given that you have a functional internet connection.

Consider that you are stuck in traffic or even in the middle of something. You can easily look up your investment, make changes to it, study up on market futures and forecasts and even place an order through your forex app for iPhone.

Are they safe to use?

Being an online market, every transaction takes place online. So it wouldn’t matter if you’re using a PC or a mobile device. Rather, iPhones and similar smartphones cannot be hacked into or compromised. So, if you’re wondering whether you’re safe while going into your forex account through your iPhone, you definitely are.

Most Popular forex apps for iPhone:

MetaTrader 5, Oanda FxTrade, iCurrency plus, NetDania – these are among the most popular apps used for forex trading on an iPhone. Numerous traders use these apps to stay notified and up-to-date with forecasts, alerts, news and events.

All you need to do now is download any one of these forex apps for iPhone, register to a professional broker and trading firm, sync your trading account and start trading. These apps make forex easy and making a profit in it easier too.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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Guide To Smartphone Forex Apps: Forex Trading And Analysis Apps.

MetaTrader - is the world's most popular broker agnostic forex trading platform that's available for free on the iPhone and Android. The app lets traders view real-time quotes and place orders, as well as utilizing 30 technical indicators, seven time frames and three different chart types to analyze currency pairs.

Forex analysis apps can simplify due diligence and make it easy to accomplish on-the-go for forex traders. From quotes to news to charts, there are many specialty applications that can enhance the built-in functionality seen on many broker apps or forex trading apps.

Top 4 Apps for Forex Traders.

The major currency pairs traded in the forex market are active, often volatile, event-driven and therefore very vulnerable to economic news announcements that occur throughout the regular 24-hour trading day. Active currency traders like to have access to market news, quotes, charts and their trading accounts at their fingertips at all times. This has made smartphone software applications very popular with forex traders.

Nearly all forex brokers offer mobile applications, and some of the individual broker apps are so popular that traders who don't have accounts with 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 used by forex traders because of its ease 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 gold and silver – more than 20,000 financial instruments in all. In addition, the app offers live, streaming charts and the latest market news from FxWirePro and Market News International. It also allows traders to set price or trendline alerts on specific currency pairs, stocks or commodities, and to customize the menu to suit their personal desires for news and price quotes. The app is available for iPhone and Android smartphones.

Trade Interceptor.

Trade Interceptor is another popular trading app available for iPhone and Android users. The app provides traders with a host of options, including the ability to trade currency pairs, binary options and commodity futures through a choice of forex brokers. The interface offers analysis and technical trading tools, including nearly 100 technical chart indicators. Trade Interceptor also provides access to live, streaming price quotes and price charts, including the latest Bitcoin prices. Traders can set alerts for price levels or news releases, and the app provides access to the daily economic news calendar and real-time market news. There is also a feature 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 access to some of these apps requires that the users have current subscriptions to Bloomberg services. However, even its basic business mobile app is more than sufficient for most traders whose primary interest is real-time access to the latest market news. The app offers access to global financial market and business news, market price data and portfolio tracking tools. The menu is customizable, and the app's Watchlist feature lets traders track and analyze their current market positions in currencies, commodities, stocks, mutual funds and exchange-traded funds (ETFs) with charts and information summaries. Users can also watch Bloomberg TV live through a streaming video feed.

thinkorswim Mobile.

One of the most popular trading apps provided by a broker is TD Ameritrade's thinkorswim Mobile, a full-service trading 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 that they can load with common technical indicators or even chart study tools that the user has created 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 communicate with fellow traders. Additionally, investors can test out their trading strategies with the paperMoney trading simulator feature on thinkorswim Mobile.