The Best Forex iPad App For Trading Currencies Online: Plus500 and AvaFX

After a slow start in the Apple iPad (and iPad 2) App Store for forex traders, things seem to be hotting up on the currency front over at Apple HQ. There’s plenty on offer for the iPhone and iPod Touch of course (we’ve made our views clear on the best iPhone forex app in another post), but you’d be short changing yourself if you used an app designed for the smaller iPhone or Ipod Touch on an iPad. If you’ve got the bigger screen-why not use it? Here are a couple of our favourite apps for trading on the sofa…

Get The Plus500 Ipad app

Our top choice for ipad forex trading is the Plus500 app. Not only can you can you trade forex from your iPad (its easy to sign up on your tablet too unlike some platforms), but you can also trade stocks (CFD’s), commodities and Indices. The maximum leverage is x50 (which is the maximum we would recommend you trade anywway to be honest) and they offer fixed spreads (no commisions) across all of their currency pairs. EUR/USD spread is only 2 pips. You’ll get up to a 30% bonus on your first deposit.

Get The AvaFX Ipad app

You might also want to try the AVA FX app for iPad and Ipad2, also a very good option with some pretty juicy bonuses to entice new You’ll traders. need to sign up through their website first, as there is no registration on the app. That aside, the app is decent and has all the functionality you’ll need to stay on top of your trades..

Get The ActTrader Ipad app

There are a couple of other companies that have designed apps that make use of the iPad´s big screen. Our other favourites are ActTrader from ForexClub, which as well as offering an iPad, iPhone AND Android app, have some of the most competitive spreads in the industry. The other is Dukascopy who have recently launched a nifty currency trading app called "Swiss Forex Trader for iPad". (They also do an iPhone version- click here and scroll down below the iPhone app info to see the iPad app) and the other is . The Swiss Forex app has an excellent range of analytical tools and it automatically detects your connection speed- the charts are tailormade for mobile browsing. You´ll get good connections on 3g and more oomph on high speed WIFI.

The app neatly lays out all the action across a big range of currency pairs and allows you to chart across different time periods with a rich choice of indicators (MACD, Slow Stochastic, Momentum etc). A real powerhouse. There’s also news, a financial calander, forex TV streams form the Dukascopy head office (movers and shakers etc) and price alerts. We particularly like the analysis section which maps out pivot point levels (standard, Woodie, Fibonacci), movers & shakers , daily sentiment and daily highs and lows.

This app is great to have open by the side of your pc when you are trading. And if you are trading on the sofa, there is no more powerful tool than this application.

Another option is Oanda fxTrade (nice design, limited analytical tools), although we find the iPad app a little slow to load up graphs.
 

Best Forex Broker For Trading Currencies on iPhone or iPod Touch

Many people have an iPhone or an iPod touch these days, and there are are plenty of forex and currency apps available. The iPhone 4S has taken over from its predecessor, and the iPhone 5 is on its way (Sep 2012?). Many of the newer FX online brokers have created platforms for traders with iphones, so they can keep an eye on their open positions while they are out and about.

One of the questions we keep getting asked is :
"Which is the best iPhone or iPod Touch forex trading platform?"

Well, after vigorous test on all of the available apps, we´d plump for EasyForex for it´s simplicity and clear design (excellent for traders up to an intermediate level) and Dukascopy if you are a more experienced trader and need a real powerhouse in your pants that has most of the technical analysis tools and gizmos you´ll need to keep you happy. See below for the full review of both of these apps.

Best Overall i Phone/iPhone 4S/iPod Touch Forex Currency Trading Platform: Easy Forex
Score: 8.7 / 10   Visit Easy Forex		Trade Now on Your iPhone / iPod Touch
An excellent forex app that allows you to trade on the go. Very quick and uncluttered. Good for traders of all skill levels. Currency Rates Real-time charts Inside Viewer™ Financial Calendar Outlooks Your positions Check your Account Statement’s free balance, total margin and profit/loss. Close deals and cancel limit orders.		Full Details of What The Easy Forex App gives you : Currency Rates Real time rates for multiple currency pairs and commodities including Oil, Gold and Silver. Charts We found this feauture particularly powerful: Analyze real-time charts on your touchscreen. Rotate your iPhone to move from vertical to horizontal chart views. Inside Viewer™ A powerful trading tool that gives you a unique market insight. See which currency pairs are most popularly traded, in which direction, and see the aggregate deal structure of all open deals across the platform. Financial Calendar Keep up to date with breaking Economic Indicators. Outlooks Read Daily and Weekly News Outlooks. Positions Get a secure real time report of ‘My Position’ with all your deals. Check your Account Statement’s free balance, total margin and profit/loss. Close deals and cancel limit orders.

We continue to look out for good forex apps. Another star performer on this platform, particularly for power users, is the Dukascopy platform. The design is very clear, and while the complicated technical analysis is best done on your pc, this App has more than enough charting and features to keep you ahead of the game and on top of your deals.

How to Start Trading on your iPhone or iPod Touch
Simply sign up for an account at EasyForex or Dukascopy.

Both the Easy Forex app and Dukascopy applications are then available at the Apple App Store. You´ll need to set up an Easy Forex or Dukascopy account, of course, and you can test the Apps out with a practice accounts.

Dukascopy iPhone & iPod Touch Forex Trading Platform Review
		The Dukascopy FX iphone app is a real power tool for experienced and advanced traders that will allow you to do most of the things that you do on your pc, but on a small screen. We were particularly impressed with all of the charting tools- this cheeky little app has most of the technical analysis tools (MACD, Stochastic Oscillators etc) that you´ll need. Online FX Quotes (20+ currency pairs) Live Charts with technical analysis FX Market News Economic Calendars Dukascopy TV SWFX Sentiment Index Daily High/Low Movers & Shakers Pivot Point Levels Forex Calculator

Dukascopy Launch iPad and iPhone app for Trading Forex Online

We’ve been a great fan of the Dukascopy forex apps for iPads and iPhones, but up until now you have not been able to use them to actually trade. Now they have launched full trading versions at the App Store, which means you can use all of the excellent analytical and graphing features, PLUS you become a Forex iPad trader (or iPhone).

Click here for the Dukascopy iPhone and iPad app.

Swiss Forex Trader – iPhone™ / iPad™ currency trading platform- in our opinion the most powerful forex apps for currency traders online.

This app supports Edge/3G/Wi-Fi connections with an automatic connection control system that modifies data flow size depending on you connection speed.

Main features:

Live, secureconnection
Lowest Forex spreads on the iPad (starting from 0.5 pips)
ECN liquidity (100-200 mio on majors)
Instant order execution
Wide choice of trading orders (including stop / limit / bid & offer )
OCO / merge functionality
Access to the trading reports

Live Charts with technical analysis tools
Forex Market News
Economic Calendars
Dukascopy TV
Daily High/Low
Movers & Shakers
Pivot Points

eToro Launches Android Forex App. What´s the Best Broker for Trading on Android?

Online forex broker eToro announced last year that they would be launching a suite of new tools for traders wanting to deal on their mobile devices and tablets. And here is the first: a new mobile trading app on the Android Market for mobiles and tablets (such as the new Google Nexus S and Samsung Galaxy Tab).

How to Get the eToro Mobile Forex App for Android Phones

- Sign up to eToro HERE – (it´s alot less fiddly doing it on a PC or laptop)
- Register for either a Practice account or a Real account (you can use both on the app)
- Once you have an account, head to "Market" on your Android phone
- Touch the search icon (top right mini-magnifying glass symbol)
- Search "etoro"
- You can then download "eToro Trader" for free
- It will install automatically.

eToro Android Forex Trading app review.
eToro is one of our favourite places to trade, purely down to the design of their trading platforms which give you plenty of customisation options. You can start off on the basic platforms if you are new to forex and progress right up to their advanced desktop platform which gives you most of the analytical tools you´ll need to trade.

And we´re also pretty impressed with the eToro Android Trader, certainly for trading on the go. You can flick between the 3 main trading screens: currencies, commodoties and indicies. Once you are in the trading zone, it´s quick and easy to open up a position or place an order by setting your amount, risk level (leverage x50, x100, x200, x400) and setting your "Stop Loss" and "Take Profit" levels. You can also quickly see all of your open positions, deal performance and orders that you have on the system.

eToro OpenBook
The standout functionality in this App, is the eToro Openbook section, which links you in to all off the trades that are going on in the eToro network. All the deals scroll down the page as they happen, and you can copy any deal by simply clicking on the "Copy" link (which replicates the trade). Careful with this though. We´d recommend doing your own research, and coming up with your own plan. Then use Openbook to ascertain whether any other traders are thinking along the same lines. Of course there are 2 ways of looking at this. Everyone else is wrong, or we´re all geniuses (!)

Click HERE for Etoro OpenBook

Where Can They Improve?
One of the things we like about eToro as a broker, is that they seem to be constantly developing their systems, so I am sure that this won´t be the first version of their Android forex app. So here are our requests for the next version!

• Charting. At the moment, this forex trading app doesn´t have charts. The important thing is being able to trade easily on the go- we´d agree. Even so, we think that the app could do with some more graphics. Even better, if you could trade from the charts and see your "Take Profit" and "Stop Loss" levels. There are some excellent free charting apps for Android though, so you can always use these in conjunction with the eToro Android app. We´d recommend the Swiss Forex app (Dukascopy Forex) or the Trade Interceptor Mobile app (you can link this to an FXCM or a Dukascopy account, but you can also use them for free and unlinked to any account, for the moment at least.)
• We´d also like to see the ability to set a trailing stop on the app, but then that goes for the whole eToro platform. At the moment you have to go in and set this manually.

Overall score: 8.5/10

Now eToro, where´s the app for iPhone, iPod Touch and iPad users? And while you´re at it, you may as well knock one out for Android tablets (Honeycomb 3.0) Windows phones and Nokia running on Symbian (Ovi apps). I hope you have a big development team……

Google Nexus S Android Review. The Best Mobile Phone for Trading Forex?

We have managed to get our hands on the new Google Android phone that has been launched in partnership with Samsung- the Google Nexus S. It’s a nifty phone for sure, but is it any good for trading forex online?

Well, lets start with the actual phone.

If you want a cutting edge piece of kit, the Google Nexus S smart phone has plenty to brag about.  It runs the latest version of Android, 2.3 Gingerbread (run, run as fast as you can- you can’t catch me I’m the Gingerbread man, as the song goes..and this phone is certainly lightning fast). It has a big, beautiful screen, it’s packed with features and being a Google phone, you’ll be first in line for all the new software updates.

The Web browser in Android 2.3 is supersonic, and it easily matches the speed of the iPhone 4’s browser. And, unlike Apple phones, this phone will play Flash content which is a real bonus for forex traders- alot of charting sites and brokers use flash on their webpages to illustrate what happening on the currency markets. It will open up a whole world of information for you if you are on the move.

The Google Nexus S is basically a  Samsung Galaxy S on steriods, with a curvy shape that molds better to your face. It’s a fine phone- probably the most powerful device on the market.

But enough about the phone- what’s it like for trading forex? Well, the iPhone App Store has been running longer, and still had a greater choice of brokers and forex apps than its Android competitors, but we don’t expect this situation to last long. Android phones are forecast to outsell their iPhone rivals in 2011 and beyond, so we fully expect the forex app development to continue to accelerate and to even overtake its rival over the coming year.

There are already quite a few good forex apps in the Android Market app store. For currency pair prices and charting you have the excellent Swiss Forex android app from Dukascopy. We’d also highly recommend Trade Interceptor Forex from Riflexo Jsc for its superb charting (all for free). The beauty of the new Nexus S, is that you can see flash content, so you are going to be able to trade off standard web pages anyway. If you are looking for customised mobile forex apps, there are still more on the iPhone, but we reckon that this situation will reverse shortly. Brokers that have Android apps at the moment include MobiTradeOne, Oanda, FXCM and ActForex.

In summary- in terms of forex, the Samsung Google Nexus S Phone is the champion in waiting. It’s the most powerful phone out there, but you’ll need to wait a few months for the brokers and app developers to catch up. If you are looking for a phone with immediate forex apps, go for the iPhone. If you want a phone that will shortly be leading the pack on forex, we’d go for this latest Android phone. The fact that you can see flash content, and considering the speed of new forex apps development, leads us to hedge our bets that this phone will be the one that everybody else is chasing in the coming months.

Easy-Forex Upgrades its Forex App to be Compatible with iPhone 4 with iOS4

Easy Forex- who in our humble opinion have the best iphone forex app for trading currencies on your iPhone (or iPod Touch) have upgraded their application so that it is compatible with the new iPhone 4 hand sets that use iOS4. This app is FREE from the iTunes App Store. Even if you don´t trade with Easy Forex, we´d recommend the app- you don´t need to trade for real to use the real time charting.

We have included screenshots of the app below

Currency Rates
Get real time rates for multiple currencies and commodities including Oil, Gold and Silver.

Charts
Analyze real-time charts on your touch screen. Rotate your iPhone and go from vertical to horizontal chart views.

Inside Viewer™
Exclusive to easy-forex® this is a great trading tool that gives you a unique market insight on the traders on Easy Forex. See which trading pairs are most popularly traded, in which direction, and see the aggregate deal structure of all open deals.

Financial Calendar
Stay posted with breaking Economic Indicators. Especially good for staying on top of  the fundamentals, find out what is affecting the market as soom as it happens.

Outlooks
Read Daily and Weekly Outlooks from wherever you are.

My positions
If you trade with Easy Forex, login securely and get a real time report of ‘My Position’ with all your deal details. Check your Account Statement’s free balance, total margin and profit/loss. Close deals and cancel limit orders.