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.

android forex

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.

2 Responses to “Google Nexus S Android Review. The Best Mobile Phone for Trading Forex?”

  1. Michael Manning says:

    Just bought one of these from CarPhone Warehouse in the UK. I had a Samsung Android i7500 before- an early Galaxy Android. I was stuck on Android 1.6 Donut..actually could have been 1.5. The Nexus S is like a dream!!!

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