1. Guide To Smartphone Forex Apps: Introduction
  2. Guide To Smartphone Forex Apps: Forex Trading Apps
  3. Guide To Smartphone Forex Apps: Forex Analysis Apps
  4. Guide To Smartphone Forex Apps: Forex Signaling Apps
  5. Guide To Smartphone Forex Apps: Forex Education Apps
  6. Guide To Smartphone Forex Apps: Conclusion

The foreign exchange, or forex, market is open 24 hours per day and six days per week, which means that traders need to be ready to capitalize on opportunities anytime, anywhere. While forex traders were forced to sit behind a desk in the past, modern traders take advantage of mobile apps for iPhone and Android that enable them to access real-time data, analyze currencies, and place trades from the convenience of their phone.

SEE: Forex Platforms Comparison Tool

Should you trade forex on your phone?

You can find and download these forex apps and others in the Apple App Store or Google Play, but there are some important caveats to consider before getting started.

  • Connectivity - Mobile phones may have spotty reception and/or connectivity to cellular or wireless networks. When trading on mobile devices, it's important to ensure that you have a reliable connection to avoid potentially costly mistakes.
  • Security - Most mobile apps have security measures in place to prevent unauthorized access, but unlike desktop computers, phones can be easily stolen. You should ensure that your phone is secure to prevent account access if it's stolen.
  • Technology - Mobile apps may have various bugs and other technical issues that aren't present in desktop apps. It's important to ensure that everything is working smoothly before relying on apps to place live trades.

Keeping these factors in mind, let's take a look at some of the most popular forex apps that can help you execute trades, analyze the market, capitalize on opportunities, and improve your knowledge of the markets.

SEE: Raising Taxes To Subsidize Rural Internet

Guide To Smartphone Forex Apps: Forex Trading Apps
Related Articles
  1. Tech

    Top Forex Trading Apps

    A brief overview of the top apps that help forex traders with on time information, charts and more.
  2. Small Business

    Can You Get Rich Creating Apps?

    The good news for both kinds of apps is that people use them a whole lot. The bad news is that the majority of mobile device users download no new apps each month.
  3. Small Business

    How To Start A Successful App Business

    How to start a business creating apps, how other profitable business have done it, and the most important things to consider.
  4. Small Business

    The Most Successful App Companies

    The rapidly expanding mobile-app industry is worth billions of dollars. Its growth has led to huge success for some firms and very little for many more.
  5. Trading

    Top 4 Apps for Option Traders

    Discover some of the most popular apps that options traders use so they can stay on top of market opportunities and manage their investments.
  6. Trading

    5 Best Apps For Active Traders

    Investors are increasingly relying on their mobile devices to trade and do research. Here are five apps worth checking out.
  7. Financial Advisor

    The Dangers Of Using Personal Finance Apps

    You should think twice before downloading any app that requires your bank account login or other personal information.
  8. Insights

    Who Is Winning the Battle of the Smartphone Apps ? (FB, GOOG)

    Of the top 10 apps ranked by unique monthly visitors in June 2016, 80% are either owned by Facebook or Google. The other two are Pandora Radio and Amazon Mobile.
Frequently Asked Questions
  1. Can coupon in fixed-income security effect bond yield maturity?

    See how fixed-income security investors can expect to use coupon on semi-annual payments if the bond or debt instrument is ...
  2. How are savings bonds taxed?

    Learn who is responsible for reporting U.S. EE savings bond interest for taxation and when the interest can be reported for ...
  3. What is the difference between inflation and deflation?

    Determine how inflation and deflation affect prices, employment, loans, and the central banks. Economies frequently teeter ...
  4. How does the foreign-exchange market trade 24 hours a day?

    Trading in the forex is not done at one central location, but is conducted by phone and electronic communication networks ...
Trading Center