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 |
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Score: 8.7 / 10
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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.
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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.
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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 |
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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
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[...] 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 [...]
Still testing these forex iphone and ipod apps out. The easy-forex application is the better designed in my opinion (easier to flip around and get chart information and stay on top of your trades), but for power users the Dukascopy application will probably be the best choice. Annoyingly, though, the demo account on Dukas runs out after a while. The easy-forex one just lets you play and play and play. This fx app is worth having even if you don’t trade with these guys. Where are all the Android forex apps???
[...] trading front. There’s plenty on offer for the iPhone iPod Touch, of course (we rate the best iPhone forex app on another post), but you’d be short changing yourself if you used an app designed for the [...]
Would have to agree with your easyforex choice. They have done a nice job of balancing the amount of info you get with the ease of use. I don“t want to do all of my trading on the iphone, I just need something to keep me up to speed and with the ability to ammend my positions if I need to. This app fits the bill.
I downloadad the Dukascopy app- have to say i am pretty impressed. The only problem i have, is that you have to deposit with wire transfer- no CC or web wallet option available
The Easyforex app is great- thks for the tip..although they could narrow their spreads a little. But on balance, i have stuck with them as I love trading on my iPhone and this is the best app I have found so far- reall easy charting. you just flip the phone on its side for the detail