Here are some additional Android trading apps. Möchten Sie diese Anleitung auf Deutsch lesen? Klicke hier
AvaTrade
AvaTrade is regulated by the Central Bank of Ireland and authorized throughout the EEA via passporting arrangements under the MiFID regime (Markets in Financial Instruments Directive). AvaTrade was one of the pioneers of cryptocurrency trading, and they can be traded as currency pairs on their Android trading app.
The following cryptocurrencies are available:
- Bitcoin and Bitcoin Cash
- Ethereum and Ethereum Classic
- Ripple
- Dash
- Litecoin
- NEO
- Monero
Here are some of the benefits of trading cryptocurrency with the AvaTrader app:
- Just 100 units of the base currency that the account is opened in is required to begin trading.
- Traders can either go long to speculate that markets will rise, or short to speculate on markets falling.
- Cryptocurrency trading is leveraged at up to 20:1. So just £10 will expose a trader to £200 worth of the currency. Of course, this also exposes the trader to greater losses if the market moves against them. Traders should be aware of the risks to capital involved before trading with leverage.
- Customer support is available in 14 different languages, 24/7.
- Interactive charts are provided so that traders can perform analyses and studies for each cryptocurrency.
AvaTradeGO is the mobile trading app offered by AvaTrade. It connects to a trader’s MT4 account, providing a mobile-friendly user interface. It can be downloaded from the Google Play Store for Android devices, including tablets and smartphones. In addition to the cryptocurrency Forex pairs, traders can also access CFDs (contracts for difference) on commodities and popular stocks, such as Apple, Google, and Amazon. Insights into the buying and selling behavior of other traders are also a feature available on the platform.
EasyMarkets App
EasyMarkets (formerly Easy-Forex) is a multi-asset brokerage house based in Cyprus. The company offers brokerage services in the trading of currencies, CFDs, and options. Cryptocurrencies are also included in the suite of markets available. EasyMarkets have a mobile trading app that allows traders to take advantage of a novel feature known as dealCancellation.
What is the dealCancellationâ„¢ feature?
The process of trading usually begins with the analysis of an opportunity. Sometimes, some aspects of the analysis can be missed, or an unexpected turn of events can cause the markets to move against the trader in spite of their thorough analysis. With EasyMarkets, the dealCancellationâ„¢ feature gives traders a kind of insurance that protects them against this eventuality as it effectively allows them to undo their trade.
How does dealCancellationâ„¢ work?/
During the process of setting up a trade, where the DealCancellation service is available, a slider will be clearly displayed allowing the user to select it. A green shield logo with a white tick will be displayed on the trading ticket if the risk management function is available for a particular product. Many of the products are eligible, including silver, gold, and popular currencies. The amount that will be required to be paid for the dealCancellationâ„¢ service will vary depending on the recent volatility of the market selected and the value of the trade. It will be displayed on the trading ticket once dealCancellation has been selected and before a trader commits to placing the trade. Once applied, the trader has a 1-hour window to activate their dealCancellationâ„¢ function and get a refund of the capital used in the trade. The price paid for dealCancellationâ„¢ will not be returned.
Other monitoring tools that are included in the app are live price notifications, live market news and customizable charts with a range of technical indicators.
eToro
eToro is a CySEC-regulated broker that is able to offer its services to member states through the MiFID regime. Outside of the EU, they are also permitted to trade in the Republic of South Africa.
Their Android mobile trading app offers all the features that are provided on their web browser platform. The feature that eToro is most renowned for is its patented CopyTraderâ„¢ technology. This allows users to discover traders with top-performing portfolios, and copy their trades automatically. Before deciding which traders to copy, users of the app can view their performance metrics, with month by month graphs, an overall 12-month performance figure, a risk score, and interactive charts, which allow users to apply technical indicators to fully assess the past performance of a trader before they commit to copying their portfolio. Within the app, in order to find a trader to copy, users can click on the Copy People menu option to view the live rankings.
A more recent feature to be added to the eToro platform and available through the mobile trading app is eToro's CopyPortfolio. With this feature, eToro offers funds that can be automatically copied, in the same way that individual traders can be copied with the CopyTraderâ„¢ function. The funds offer specific trading goals and strategies, such as cryptocurrencies, or specific types of stocks, and are provided by eToro or by their fund manager partners.
The social aspect is also carried through into the manual trading functions, with each financial instrument offering the ability for users to comment, or view and respond to comments from others. This feature is particularly useful for less experienced traders who can learn from the insights provided by more experienced traders in the community.
IG Capital Markets
IG Group, owners of IG Markets Ltd are authorized and regulated for their brokerage services within the UK by the Financial Conduct Authority (FCA), with permission to passport their services to countries within the EEA. They also hold regulatory authorization in Australia, Singapore, New Zealand, Switzerland, the UAE, and South Africa. In addition, the Nadex digital options brand operated in the US also belongs to the IG Group. This demonstrates the size, presence, and authority that the group has worldwide – a significant pro for many traders.
One of the standout features of IG Markets Ltd is the asset range available to traders. IG Markets Ltd has arguably one of the widest financial instrument ranges amongst brokers. Just some of the markets on offer include:
- Indices
- Shares
- Forex
- Binary options (digital 100s)
- Conventional options
- IPOs
- Forex
- Commodities
- Bonds
- Interest rates
- Exchange-Traded Funds (ETFs)
- Cryptocurrencies
These markets give traders access to more than 15,000 financial instruments. Traders can spread bet, buy and sell shares, and trade CFDs through their mobile apps. The Android trading app is free to download from Google Play Store and has been downloaded between 500,000 and a million times.
CoreSpreads
Corespreads offers users the facilities for trading CFDs on stocks, indices, commodities and currencies, but are perhaps best known for their financial spread betting product. The Android trading app is compatible with a range of devices, including smartphones and tablets, and replicates the features of their web-based platform, CoreTrader. The app offers real-time quotes, a variety of execution modes, trading history, and pending order capabilities.
Financial spread betting involves speculating on whether the value of the underlying assets will move up or down. As this is a form of betting, any gains made from financial spread betting is free from capital gains tax in the UK, depending on the tax status of the trader.
The Core Spreads parent company, Finsa Europe Ltd, is regulated by the Financial Conduct Authority and authorized to provide its services throughout the EEA.
BrokerNotes.co 2023 Overall Rankings
To recap, here are our top forex brokers for 2023 that offer Android apps, sorted by Overall ranking.
Popular Guides
Popular Forex Reviews
Methodology
At BrokerNotes.co, our data-driven reviews of online brokers are based on our own extensive testing of each broker's products and services as well as the qualified observations of our expert editorial team. In conjunction with our sister site, ForexBrokers.com, we’ve published well over 100,000 words of research and collected thousands of data points across hundreds of variables. Our in-depth trading guides are created with the same rigorous, data-driven approach.
Our proprietary Trust Score rating system tracks data from over 100 regulatory jurisdictions to help forex traders understand the regulatory status of their forex broker and choose a broker that they can trust.
Our editorial team is led by Steven Hatzakis, an industry veteran with decades of experience and a deep understanding of the forex market. Our team conducts thorough testing on a wide range of brokers, platforms, products, technologies, third-party trading tools, and mobile apps. We also test for the availability of high-quality educational content, actionable market research resources, and the accessibility and capabilities of mobile platforms. All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing.
Part of our testing process involves in-depth research into commissions and fees. We dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads (we always strive to determine the average spreads for each broker to better serve our readers), and a variety of other fee-based data points.
When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13.
All of the content on BrokerNotes.co is researched, fact-checked, and edited by members of our editorial team. Our ratings and rankings are driven by our independent data collection. We may use generative AI tools to assist in some of the rote aspects of our content production processes, but the substance of our content, as well as our opinions and evaluations are based on our extensive research and product testing. Read our Generative AI policy to learn more.
Our rigorous data validation process provides our readers with quality data they can trust. Click here to learn more about how we test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
BrokerNotes.co
BrokerNotes is powered by a dynamic team of writers, researchers, content strategists, data analysts, editors, traders, and investors. We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money.
Swissquote
eToro
Capital.com
AvaTrade
Plus500
Trading 212
FXCM
FlowBank
FxPro
FP Markets
BDSwiss
Trade360
IC Markets
Pepperstone
DooPrime
TeleTrade
Vantage
XM Group
Admiral Markets
BlackBull Markets
easyMarkets
Tickmill
Markets.com
Moneta Markets
OctaFX
Eightcap
HYCM (Henyep Capital Markets)
HFM
ACY Securities
Exness
Fineco Bank
VT Markets
Trade Nation
TMGM
FXPrimus
Libertex (Forex Club)
RoboForex (RoboMarkets)
ThinkMarkets
Forex4you
TopFX
UFX
IFC Markets
FXOpen
Vestle
Alpari
GKFX
GBE brokers
Spreadex
LegacyFX
IronFX
Axi
ATFX
Xtrade