1. MetaTrader 4
Obviously, this is an analog of a desktop trading platform. If you trade on MetaTrader 4 on your computer you can do the same on your mobile device as the application contains most of the functions available on the full version of the trading terminal:
- Various trading instruments, including currency, cryptocurrency, and metals
- Opening and closing orders
- Monitoring of open positions and trading history
- Indicators
The application is very convenient and easy to understand. Perhaps, the only drawback is the lack of the ability to install your own Expert Advisors and indicators. If the built-in tools are not enough for you and you prefer using your own indicator or EA, then your best option would be trading through a VPS server.
2. Myfxbook
An extremely useful app for traders that want to keep everything under control. The resource will help you analyze your trading accounts for any purpose:
- Rate your trading performance
- Test your trading strategy
- Check the relevance of your Expert Advisor, etc.
In addition, on Myfxbook you will find a whole Forex community. There you can find like-minded people that might assist you on your journey to success.
3. Bloomberg
If you want to reduce your trading risks and learn how to raise profits at economic and political events, then you need to stay up to date with the latest news. With Bloomberg, you don’t have to look through numerous news portals. The application will provide you access to the latest relevant events that have an impact on currency pairs and cryptocurrencies.
The application provides the news in real-time. This is an inexhaustible source of useful information.
4. GoForex
An indispensable assistant to any novice trader. In the application, you will find a huge date of knowledge on Forex. The information is presented in a simple and understandable language and intelligibly reveals even the most complex topics:
- Currency pairs and quotes
- What are the charts and how to read them
- Types of Market Analysis
- What is leverage
- The nuances of day trading
- Tips from professional traders
- Copy trading and more
In addition, through the application, you can contact other traders and consult about the choice of a currency pair or trading style. To make sure that you correctly absorb the information received, you can pass small quizzes and evaluate the level of your knowledge.
5. Trading View
The number one choice for fans of technical analysis. Unfortunately, the MetaTrader 4 mobile application, for now, doesn’t fully meet all the traders’ requirements. Trading View will help you provide quality technical analysis.
In the application, you can set different alerts when certain goals are achieved. For example, you will receive a notification when the price passes a certain level. This will help you better monitor the state of the market and respond to its movements in a timely manner.
In Trading View, you can also communicate with other traders and share your opinion about different methods of technical analysis. Perhaps the ideas of one of these traders will help you develop your own unique trading strategy.
6. Forex Trading Hours
If your local time doesn’t coincide with the server time and it is difficult for you to navigate this, then the Forex Trading Hours application will become your main assistant. So you can easily determine when the market will open or close. In addition, the application will send you a notification about the start of the trading session you need.
7. Tradays
A useful alternative to the economic calendar. You don’t have to search different sites for economic indicators. In Tradays, you will find all the necessary information, including the level of influence of the event on your currency pair.
In addition, the application will send you notifications in advance of the upcoming news releases so that you can respond to it in a timely manner.
That's all the apps for today. You don’t have to use this particular list. If you wish, you can find an alternative to these programs if they are more suitable for you. However, this list will give you an idea of which applications, in general, may be useful to any trader. Good luck!