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Best Android Apps Forex Brokers of 2024

BrokerNotes.co

Written by BrokerNotes.co

January 05, 2024

A Selection of the Top Android Trading Apps

Here are the best forex brokers with Android trading apps.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • IG
    - 9.9/10 Overall
  • Interactive Brokers - 9.9/10 Overall
  • Saxo Bank - 9.7/10 Overall
  • CMC Markets - 9.6/10 Overall
  • FOREX.com
    - 9.4/10 Overall
  • TD Ameritrade - 9.3/10 Overall
  • City Index - 9.3/10 Overall
  • XTB - 9.1/10 Overall
  • eToro - 8.8/10 Overall
IG
9.9/10 Overall
Minimum Deposit£250.00
Tier-1 Licenses8
Tradeable Symbols (Total)19537

Year after year, IG has shown itself to be the best broker in the forex industry and a fantastic choice for forex traders. Highly trusted and regulated across the globe, IG delivers a wide variety of rich features, market research, and powerful trading tools. Fans of copy trading will appreciate IG’s seamless integration of trading signals into its web platform.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
Visit Site

Join 239,000+ traders worldwide.

(Trading forex carries a high level of risk.)

Interactive Brokers
9.9/10 Overall
Minimum Deposit$0
Tier-1 Licenses9
Tradeable Symbols (Total)8500

Interactive Brokers is a highly trusted broker regulated across the globe that delivers access to over 100 markets, including forex and CFDs. Its Trader Workstation (TWS) platform offers a variety of advanced trading tools for experienced traders, and IBKR's web-based platform is great for beginner forex traders.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
Saxo Bank
9.7/10 Overall
Minimum Deposit$0
Tier-1 Licenses7
Tradeable Symbols (Total)70000

Saxo Bank is a highly trusted broker that operates multiple banks and is regulated across the globe. Saxo Bank delivers an incredible cross-platform experience alongside powerful research and a vast selection of more than 60,000 symbols across multiple asset classes. It’s worth noting that minimum deposits at Saxo are steep.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
CMC Markets
9.6/10 Overall
Minimum Deposit$0
Tier-1 Licenses5
Tradeable Symbols (Total)12074

CMC Markets is a highly trusted multi-asset broker regulated in multiple Tier-1 jurisdictions. CMC's powerful Next Generation trading platform for web and mobile delivers a huge selection of markets and a fantastic user experience. CMC Markets also ranks highly for its high-quality research and educational content.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
FOREX.com
9.4/10 Overall
Minimum Deposit$100
Tier-1 Licenses7
Tradeable Symbols (Total)5500

FOREX.com is a highly trusted brand with a long history of offering forex in the U.S. and across the globe. FOREX.com offers its own flagship trading platforms for web and desktop, as well as the full MetaTrader suite. Though its pricing is higher than average, FOREX.com is a balanced choice for traders of all experience levels.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
Visit Site

A Global Market Leader!

(Trading forex carries a high level of risk.)

TD Ameritrade
9.3/10 Overall
Minimum Deposit$0
Tier-1 Licenses5
Tradeable Symbols (Total)0

TD Ameritrade, part of financial conglomerate Charles Schwab, is a leader in platform technology and trusted by millions of investors globally with trillions in assets under its brands. Available exclusively to U.S. residents, TD Ameritrade's forex offering consists of just over 70 currency pairs, along with powerful research and trading tools.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
City Index
9.3/10 Overall
Minimum Deposit£100.00
Tier-1 Licenses7
Tradeable Symbols (Total)13500

City Index, part of StoneX Group, is an award-winning, highly trusted broker with a long history of offering forex and CFDs across its global offices. City Index delivers a well-designed mobile trading app and a powerful web platform, as well as a large range of tradeable markets (though pricing is just average).

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
XTB
9.1/10 Overall
Minimum Deposit$0
Tier-1 Licenses2
Tradeable Symbols (Total)6010

XTB is a highly trusted brand with a proprietary platform (xStation 5) that delivers a rich selection of trading tools. XTB also offers CFDs for a wide range of asset classes, including multiple cryptocurrencies. Beginners will appreciate XTB's excellent educational content and the hundreds of lessons that are available via its Trading Academy.

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
eToro
8.8/10 Overall
Minimum Deposit$10-$10,000
Tier-1 Licenses3
Tradeable Symbols (Total)3479

Best known for its copy trading platform suite, eToro is a highly trusted broker offering a large selection of cryptocurrency products, CFDs, shares, forex pairs, and a wide range of powerful trading tools. It’s worth noting that eToro is not a discount broker (though it offers zero-dollar commissions for U.S. stocks).

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)No
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No

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 2024 Overall Rankings

To recap, here are our top forex brokers for 2024 that offer Android apps, sorted by Overall ranking.

Company Overall Rating Minimum Deposit Average Spread EUR/USD - Standard Trust Score Tradeable Symbols (Total) Read Review Visit Site
IG logoIG 9.9 £250.00 0.98 info 99 19537 IG Review Visit Site
Saxo Bank logoSaxo Bank 9.7 $0 1.1 info 99 70000 Saxo Bank Review
CMC Markets logoCMC Markets 9.6 $0 0.61 info 99 12074 CMC Markets Review
TD Ameritrade logoTD Ameritrade 9.3 $0 1.25 info 99 0 TD Ameritrade Review
Interactive Brokers logoInteractive Brokers 9.9 $0 0.63 info 99 8500 Interactive Brokers Review
FOREX.com logoFOREX.com 9.4 $100 1.4 info 99 5500 FOREX.com Review Visit Site
City Index logoCity Index 9.3 £100.00 1.4 info 99 13500 City Index Review
OANDA logoOANDA 8.5 $0 1.57 info 93 1744 info OANDA Review
XTB logoXTB 9.1 $0 1.07 info 96 6010 XTB Group Review
Swissquote logoSwissquote 8.8 $1000 N/A info 99 472 Swissquote Review
eToro logoeToro 8.8 $10-$10,000 1 info 90 3479 eToro Review
Capital.com logoCapital.com 8.7 $20 info 0.67 info 87 3021 Capital.com Review
AvaTrade logoAvaTrade 8.7 $100 0.92 info 94 1260 AvaTrade Review
Plus500 logoPlus500 8.6 €100 0.8 (August 2021) info 99 5500 info Plus500 Review
FxPro logoFxPro 8.1 $100 1.51 info 90 2249 FxPro Review
FXCM logoFXCM 8.5 Starts from $50 0.74 info 95 440 FXCM Review
FlowBank logoFlowBank 7.7 $0 N/A info 80 408600 FlowBank Review
Trading 212 logoTrading 212 7.7 €10 1.9 info 79 8025 Trading 212 Review
FP Markets logoFP Markets 8.3 $100 AUD 1.1 info 87 10000 FP Markets Review
ThinkMarkets logoThinkMarkets 7.8 $0 info 1.1 info 92 4000 ThinkMarkets Review
BDSwiss logoBDSwiss 7.7 $10-$5000 info 1.6 info 76 1081 BDSwiss Review
Trade360 logoTrade360 7.2 $250 N/A info 76 1062 Trade360 Review
IC Markets logoIC Markets 8.1 $200 0.62 info 84 3583 IC Markets Review
Pepperstone logoPepperstone 8.4 $200 0.77 info 95 2342 Pepperstone Review
DooPrime logoDooPrime 7.8 $100 N/A info 83 10000 DooPrime Review
TeleTrade logoTeleTrade 7.1 $100 N/A 71 500 Teletrade Review
Vantage logoVantage 8.0 $50 1.30 info 90 1000 Vantage Review
XM Group logoXM Group 8.4 $5 1.6 info 88 1429 XM Group Review
Admirals logoAdmirals 8.5 $100 0.8 info 93 8702 Admiral Markets Review
BlackBull Markets logoBlackBull Markets 8.0 $0 0.827 info 77 26000 BlackBull Markets Review
easyMarkets logoeasyMarkets 7.3 $50 0.9 info 80 199 easyMarkets Review
Tickmill logoTickmill 8.1 $100 0.51 info 83 725 Tickmill Review
Markets.com logoMarkets.com 8.1 $100 1.9 info 96 2179 Markets.com Review
Moneta Markets logoMoneta Markets 7.5 $50 1.27 info 72 1016 Moneta Markets Review
Octa logoOcta 7.2 $25 0.9 info 70 230 OctaFX Review
Eightcap logoEightcap 7.5 $100 1.0 info 85 736 Eightcap Review
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets) 7.9 $20 0.6 info 88 1199 HYCM Review
HFM logoHFM 7.9 $0 1.2 info 86 3500 HFM Review
ACY Securities logoACY Securities 7.4 $50 1.2 info 75 2200 ACY Securities Review
MultiBank logoMultiBank 7.5 $50 N/A 84 1042
Exness logoExness 7.0 $1 0.9 info 71 112 Exness Review
Fineco Bank logoFineco Bank 8.0 $0 N/A info 94 9770 Fineco Bank Review
VT Markets logoVT Markets 7.3 $100 1.2 info 70 1000 VT Markets Review
Trade Nation logoTrade Nation 7.6 $0 0.6 85 601 Trade Nation Review
TMGM logoTMGM 7.6 $100 0.96 info 83 12000 TMGM Review
FXPrimus logoFXPrimus 7.0 $100 N/A info 71 140 FXPrimus Review Visit Site
Libertex (Forex Club) logoLibertex (Forex Club) 6.7 $10 N/A info 73 300 Libertex Review
RoboForex (RoboMarkets) logoRoboForex (RoboMarkets) 7.3 $100 1.4 info 71 12000 Roboforex (RoboMarkets) Review
Forex4you logoForex4you 6.9 $0 N/A info 61 150 Forex4you Review
TopFX logoTopFX 6.7 Depends on payment method N/A info 67 655 TopFX Review
IFC Markets logoIFC Markets 7.2 $1 1.44 info 67 630 ATFX Review
FXOpen logoFXOpen 7 $100 N/A info 80 87 FXOpen Review
Vestle logoVestle 7.0 -1 N/A 78 750 Vestle Review
Alpari logoAlpari 6.8 $20 N/A info 68 105 Alpari Review
GKFX logoGKFX 7.0 $0 N/A info 65 354 GKFX Review
GBE brokers logoGBE brokers 6.8 $500 N/A info 71 500 GBE Brokers Review
Spreadex logoSpreadex 7.2 $0 0.81 info 71 10000 Spreadex Review
FXGT.com logoFXGT.com 6.6 $5 N/A 69 117 FXGT Review
Axi logoAxi 7.1 $0 N/A info 81 175 Axitrader Review
LegacyFX logoLegacyFX 6.7 $500 N/A 67 425 LegacyFX Review
IronFX logoIronFX 7.2 $50 1.2 83 340 IronFX Review
ATFX logoATFX 6.5 $500 N/A info 73 150 ATFX Review
Xtrade logoXtrade 6.5 $250 N/A info 80 142 Xtrade Review

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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.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

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.

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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.

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