Five best Forex trading apps in the UK

One of the key components that most online trading brokers offer UK traders these days is access to mobile trading platforms, allowing traders access to their trading activities and accounts from anywhere in the world.
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Published 31st Aug 2021, 17:00 BST
Updated 31st Aug 2021, 17:02 BST
Five best Forex trading apps in the UKFive best Forex trading apps in the UK
Five best Forex trading apps in the UK

From the hundreds of trading apps available to UK traders, the following have emerged as the best in 2021 with a FREE forex - foreign exchange - no deposit bonus, writes experts Forexsuggest.

FXTM Trader

FXTM is a reputable and multi-regulated ECN and STP broker that offers its trading services to traders from around the world. UK traders can expect some of the following features from the FXTM Trader App:

* Quick and hassle-free deposits and withdrawals

* Conversion calculators

* Trading signals

* Pivot point strategies

* Market forecast

* News and Market analysis

Pros: User-friendly; All-in-one mobile trading platform; Fast trade execution; Low Forex trading fees; Biometric security – fingerprint.

Cons: Inactivity fee charged; Withdrawal fee charged; High CFD trading fees charged; US clients not allowed.

Plus500

Plus500 offers UK traders with a proprietary mobile trading app which can be downloaded and installed on Android and iOS devices. The features that traders can expect when they use the Plus500 app are:

* The use of stop and limits

* Easy account monitoring

* Multilingual 24/7 professional and dedicated support.

Pros: Well-regulated; Wide range of assets to trade; Quick and easy account funding.

Cons: Limited education; Limited account options.

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MarketsX

MarketsX is the proprietary trading platform of Markets.com, a reputable and popular online trading broker that offers traders with access to more than 2,200 financial instruments spread across several asset classes.

The MarketsX app provides traders with an advanced analysis, more than 50 technical indicators, oscillators, and sentiment data. MarketsX allows for instant trade executions, setup and modification of alerts, positions, and more. The MarketsX app can be downloaded and installed on any Android and iOS devices including smartphones and tablets.

Pros: Well-regulated; Tight spreads offered; Wide range of tradable assets; Fast and free withdrawals.

Cons: High minimum deposit.

xStation5

xStation5 is the proprietary trading platform for XTB, a reputable, award-winning, and well-regulated online trading broker that caters for traders from around the world. The features that traders can expect when they use xStation5 are:

* Powerful charting tools and capabilities

* The ability to use one-click trading

* Real-time performance statistics

* Advanced trading calculators

* Live newsfeed

* Dark mode when trading at night or when the device’s battery is low

Pros: Well-regulated; Tight spreads offered; Low minimum deposit required; Beginner-friendly.

Cons: XTB only offers two mobile platforms.

eToro mobile trading app

eToro is the leading online social trading platform that offers UK traders with a large range of financial instruments, advanced trading tools, and the ability to use the app on Android and iOS devices.

The eToro mobile app is intuitive and it matches the desktop platform perfectly, providing UK traders with an immersive and user-friendly experience spread across the entire eToro asset range.

Pros: Well-regulated; User-friendly and intuitive; Innovative trading tools offered.

Cons: Limited education; Wide spreads.

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