Our Top Forex Brokers.
With the Plus500 android app, you can trade all of the forex majors and minors, plus commodoties, indicies and stocks from around the world. You are pretty much covered with this app!
They also have a good iPad and iPhone app.
eToro Android App
Best Android Forex Broker: eToro
After a steady start, Android has now overtaken the iPhone as the most popular operating system for mobile phones (or Smartphones as they are now know). And although the iPad is still the clear leader in the tablet segment, you wouldn´t bet on the Android devices taking over there either, especially with the launch of Honeycomb (Android 3.0) which powers the new tablets on the market such as the impressive Motorola Xoom. Galaxy SIII anyone?
But what is the best forex broker for trading currencies on your Android phone? Well, we have tested quite a few…..
Top of our list for Android forex apps, if you are looking to trade currencies online on your Android smartphone, is eToro (read our full eToro review). The app has just been recently launched, and dovetails nicely with their other platforms. Its got all of the functionality you need to keep on top of your trades while you are out and about, without going over the top on features (let´s face it- most people do their main trading and analysis on their pc or laptop- it´s just easier to analyse charts that way).
You can use this app for your practice or your real trading account, and it make its easy to open & close trades, manage your positions and book orders across currencies, commodities and stock indicies. But the “killer app” within the app is the social forex section called Openbook, where you can get see a running log of all of the trades that are going on across traders who have opted into the system. And if you like a trade that you see, you can swiftly click on “copy” and open a position that is similar.
The eToro Android App
Click HERE for the eToro Android Forex App
On the eToro Android Forex app, you´re able to:
- Open trades & bok orders (currencies, commodities and indices)
- Set your leverage (from x2 to x400)
- Set your Stop Loss & Take Profit
- Monitor your open positions
- Keep track of orders
- Access Openbook – the P2P social forex network where you can mimic trades
- Access Real-time charts
Overall score: 92%. Excellent, and improving all of the time.
eToro Android OpenBook
Click HERE for eToro OpenBook
On eToro Openbook, you are able to see a running “ticker” off all the trades going through the eToro forex trading platform (opted in traders) right on your Android devide. if you spot a trend, and like the look of it, then yuo can copy the trade with a single tap on your phone´s keyboard.
All you need to do then, is to confirm the trade.