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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