Forex trading is becoming a popular trend in South Africa. Currency trading involves trading of currency pairs which are volatile during the day. The release of economic news and events cause the prices of these major currency pairs to move. As a currency trader in South Africa, you need to make sure that you are ready to access Forex news, charts, market quotes and accounts. This helps you to seize the opportunity that may come your way. Mobile apps for forex trading give quick access to your trading account, allowing you to confirm quotes and place orders. Below are some of the top eight forex trading apps for mobile devices that will help you take advantage of new trading opportunities:
Yahoo Finance – Stock Market & Business News
The Yahoo Finance app is a free stock tracker for both Android and iOS devices. This app allows stock investors to follow the stock market while on the go. You can also track commodities, currencies, cryptocurrencies, bonds, equities, and futures using the Yahoo Finance app. This stock investment application allows you to follow the stocks and shares you care about most and get personalised finance and business news and alerts. You can access real-time stock quotes and financial market updates to stay on top of the market.
Admiral Markets App
Admiral Markets is a forex mobile trading app that is available for both iOS and Android devices. This mobile app allows you to trade futures, currencies, CFDs and stocks anywhere and anytime at your fingertips. Some of the features of Admiral Markets mobile app includes informing traders of any changes and financial markets news throughout the day. This app supports the hedging and netting two-position accounts. Additionally, it features trade orders, professional technical analysis and Market Depth.
IQ Option Forex
The IQ Option Forex App is the popular online mobile trading app. It provides features that reflect physical trading rooms. This app makes interaction convenient and is user-friendly. Features include the negative balance protection. The app allows cryptocurrency trading and is available for both Android and Apple devices.
NetDania Global Stock and Forex Trading App
The NetDania Global Stock and Forex Trading app is available for Android and Apple Smartphones. It provides a review of the financial market. It features more than 2,200 currency pairs, trading strategies, real-time Bitcoin price quotes, over 20,000+ financial instruments. The
NetDania Stock & Forex Trader also provides alerts on studies, trend-lines and real-time market news.
eToro Mobile App
eToro is user-friendly mobile app which gives you access to the cryptocurrency market, community, stats and updates 24/7. You can buy buy or sell crypto on the go and your portfolio will be completely synced to all your devices; mobile, tablet and desktop. The eToro forex trading platform claims to have registered more than 280 million trades and the number keeps on growing. The eToro mobile app allows traders to copy trades of other traders.
The Trade Interceptor is available on iOS and Android devices. It provides access to Forex & CFD trading, including major and minor forex pairs, over 1,000 stocks, 14 indices, precious metals, commodities and cryptocurrencies. Trade interceptor mobile application also provides advanced tools required for analysis.
Trading Game is one of the best mobile trading apps for doing demo-trades and gaining market experience. It gives you the real market experience. The app is available in 8 languages and provides lessons on how the forex market works and helps traders come up with trading strategies. The app is also a good trading simulator for learning Stock & forex trading fundamentals, used by hundreds of thousands of people in South Africa.
TD Ameritrade’s Thinkorswim Mobile
The thinkorswim Mobile app is available for both Android and Apple device users. This top rated trading app lets you place commission free stock, ETF and option trades easily and securely. With thinkorswim Mobile, you get the education, innovation, and support that helps you trade confidently with TD Ameritrade. Features of this app include tracking and modifying watchlists, orders and alerts, including saved orders. It also provides live stream programming from TD Ameritrade Network and CNBC (US, Asia and Europe).
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Zita Zimande is a sports news journalist from the University of Johannesburg. Besides being a sports fanatic, she loves to cook during her spare time.