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Top 9 Best Forex Trading Apps for iOS & Android in 2025
In this guide
- 1. Top 9 Best Forex Trading Apps for iOS & Android in 2025
- 2. Best Forex Trading Apps Overall for 2025
- 3. Forex Apps, Reviewed & Compared
- 4. Top 9 Forex Trading Apps, Reviewed
- 5. What is a Forex Trading App?
- 6. How Does a Forex Trading App Work?
- 7. What are the Different Types of Forex Apps?
- 8. What to Consider When Choosing a Forex App?
- 9. Best Forex Apps: User Reviews
- 10. Methodology: How Did we Choose the Best Forex Apps?
- 11. FAQs
Looking for the best forex trading apps? I’ve tested all the leading platforms to find the ones that are easy to use, packed with features, and secure.
With over a decade of forex trading experience, I know what matters most: fast execution, user-friendly design, and tools that help you trade successfully.
Below, you’ll find the best forex apps of 2025 to help you trade the world’s largest and most liquid market
1
www.statista.com
https://www.statista.com/statistics/247328/activity-per-trading-day-on-the-global-currency-market/
on the go.
Best Forex Trading Apps Overall for 2025
Copy link to section- eToro: Best for beginners, copy-trading & demo-account
Forex Apps, Reviewed & Compared
Copy link to sectionThese apps represent the best value and user experience of all forex apps I compared.
Sign up by clicking one of the links in the table, or scroll down to learn more about each app and to find out how each one scored on each of my criteria.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
Top 9 Forex Trading Apps, Reviewed
Copy link to sectionWe found 2 forex brokers for users based in
1. eToro. Best for beginners, copy-trading & demo-account
Copy link to section
Overview
We love eToro because it’s a trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.
The far-reaching catalog of more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.
One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. This is a great way to learn and potentially benefit from the expertise of more experienced traders.
If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across stocks, crypto, and options trading markets.
Highlights
| No. of tradable assets | 3600+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC, FinCEN |
Fees & Costs
| Trading fees | Yes, on certain assets |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes, on CFDs |
| Withdrawal fees | Yes |
| Spreads | Yes, on certain assets |
| Conversion fees | Yes, for non-USD currencies |
Pros & Cons
eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.
What is a Forex Trading App?
Copy link to sectionA forex trading app is a specialized mobile application that lets anyone make trades within forex markets.
These bring the power of trading currencies directly to your smartphone or tablet.
Mobile apps provide the flexibility to tap into volatile currency markets and employ trading strategies from anywhere.
For beginners venturing into currency markets for the first time, the best apps for forex trading provide a user-friendly interface and essential features.
Most of the best forex brokers now offer a branded app alongside their web and desktop platforms.
How Does a Forex Trading App Work?
Copy link to sectionAfter downloading a forex app from Google Play or Apple’s App Store, you can open an account with an integrated forex broker with just a few taps on your phone or tablet.
When you’ve verified your account, you can access the app’s many tools and features.
Advanced forex apps also include customizable technical indicators, news feeds, economic calendars, and risk management tools.
Executing a forex trade on an app is simple. First, you select a currency pair and decide whether you want to buy or sell it.
A trade ticket can then be opened and details like margin requirements and leverage can be accessed before entering the market.
The app is linked to your account balance, so the funds required are already available.
Open positions update by the second and reflect profit and losses in real time so you can always stay informed about your trades.
What are the Different Types of Forex Apps?
Copy link to sectionA ‘forex app’ can mean a bunch of different things.
I’ve broken down the most common types of apps that you might be interested in and suggested a few of my favourite examples.
Trading Apps
Copy link to sectionThese are the main types of forex apps that let you execute trades, manage positions, and view live market data.
They’re usually offered by brokers and are a staple for anyone actively trading forex. Here’s a quick rundown of my favourite forex trading apps.
- MetaTrader. MT4 and MT5 are the most popular trading platforms for retail forex traders. They offer powerful charting tools, technical indicators, and automated trading via EAs. I’ve used the MT4 app for over a decade and it’s my go-to for day trading. MT4 and MT5 are the best apps for trading forex on mobile.
- cTrader. The cTrader app is designed for serious traders wanting more insight into market depth. I use this occasionally, but it’s only for the most hardcore and I prefer to use MT4 most of the time. Level II pricing and better execution are two of the cTrader app’s top features.
- Broker apps. Some forex brokers like IG or eToro have their own trading platforms and apps. These apps offer better integration with the broker’s services like deposits and withdrawals but I’ve found they often lack the flexibility and add-ons you get with more dedicated trading software.
Charting and Analysis Apps
Copy link to sectionAs their name suggests, these types of forex apps are focused on analysis and charting as opposed to trade execution.
If you’re looking to analyse the markets from your mobile device, it’s worth using one of the following apps.
- TradingView. TradingView is probably the most popular app for charting among the retail trading community. It offers an incredible range of indicators, and drawing tools, and even lets you create custom scripts if you have those skills. TradingVIew is also one of the best forex trading apps for beginners
- StockTwits. Although StockTwits’ main focus is (obviously) on stocks, it also covers forex. It’s a social platform that lets you connect with other traders. You can discuss trades, post charts, and share opinions. I’ve used it in the past to gauge market sentiment before a major news release.
- Myfxbook. Myfxbook has been around for years and is more of an analytical tool. You can connect your trading account and track your performance over time. I used it early in my career to analyse my trades and improve strategies. It’s one of the best apps to do forex trading analysis.
News and Calendar Apps
Copy link to sectionForex news and calendar apps let you stay updated with the latest economic news and events.
If you’re trading based on fundamentals or news, these apps are some of the most important ones you’ll use.
- Forex Factory. This is a staple for every trader I know. Forex Factory has been around since online trading started gaining popularity and gives you a real time calendar with all major events that may impact the market. I check this app daily and it’s saved me getting caught in surprise moves countless times.
- Bloomberg. For in-depth financial news, the Bloomberg app is probably the best option. While it’s not forex-specific, the quality of economic data and news gives you a broader look at financial markets. This level of reporting is of great help when trading currencies impacted by economic factors, like the USD during Fed announcements.
Trading Signal Apps
Copy link to sectionAnother type of forex app is signals. These apps give you buy and sell recommendations based on expert traders’ analysis.
- ZuluTrade. This platform is one of the original social trading networks and lets you follow other successful traders while copying their trades automatically. I experimented with it years ago, but the performance can vary widely depending on who you follow. While it’s not one of the best trading apps for forex, it’s certainly worth looking into, if you’re a beginner.
- eToro. The eToro app combines brokerage services with signals. It’s the world’s largest social trading platform where you can follow and copy other traders. I like it because it offers transparency into how the top traders are performing. But, it’s still important to thoroughly analyze the traders you’re copying.
Risk Management and Trade Journal Apps
Copy link to sectionJournaling and managing risk are two of the most important factors for long-term success when it comes to forex trading. Luckily, there are lots of apps available that can help you with both.
- Edgewonk. I’ve been using Edgewonk for trade journaling for years and it is an excellent tool for identifying strengths and weaknesses. If you’re serious about improving, journaling is key. With a good trade journal, you’ll be able to track trades in great detail and identify areas you need to improve.
- Risk Calculator. This app is a calculator tool that you can overlay onto your charts. With the calculator, you can work out risk lot size before entering a trade. You can also integrate the platform with MetaTrader and cTrader.
What to Consider When Choosing a Forex App?
Copy link to sectionI’ve covered what an app is and what types there are, but how do you decide between them?
The answer is different for each person – what I value is not necessarily the same as what’s important to you.
Nonetheless, there are a few key things every trader should consider before downloading an app.
Here’s a checklist of the things I think are most important for most people. Use it to help shape your decision.
1. A simple to use Interface
Copy link to sectionAn app with a clunky design that is difficult to use is the most frustrating way to trade.
The first thing I look for is an app I actually enjoy using. Download a few, play around with them, and decide which ones suit you best.
I use demo accounts for this, as well as for trying out different trading strategies.
I need to have used the app a bit before I’m happy to send my money to it.
2. Regulatory License and Investor Protection
Copy link to sectionI’m sure you, like me, want to be able to sleep soundly at night, safe in the knowledge that whatever mistakes you might make trading, you aren’t going to lose your money to some nefarious trading app.
All forex brokers have to follow strict rules in order to provide financial services, and the apps are no different.
Do not sign up for an app that isn’t licensed to operate in the US.
Forex apps must be regulated by financial authorities like the National Futures Association (NFA) or the Securities & Exchange Commission (SEC) in the US.
They should also be part of the Securities Investor Protection Fund (SIPC), which provides deposit insurance in the event that something goes wrong with the app
2
www.sipc.org
https://www.sipc.org/for-investors/what-sipc-protects
(but will not protect your open trades, so bear that in mind).
Here’s a quick tip: you can use the the SIPC database to check that your app is registered.
It lists all registered apps in alphabetical order, or you can use the search bar at the top.
The table below shows which regulators have licensed the top forex apps around the world.
| Region | eToro regulators | Revolut regulators |
|---|---|---|
| Africa | – | – |
| Asia | – | – |
| Australasia | ASIC | – |
| Europe | FCA, CySEC | – |
| International | – | – |
| North America | FinCEN | – |
| South America | – | – |
| View more > | eToro > | Revolut > |
3. An App That’s Safe and Secure on Your Device
Copy link to sectionRegulatory security is one thing, but you should also think about app security.
How does it prevent someone from signing in, pretending to be you? What happens if your phone gets stolen?
Keep an eye out for key security features like two-factor authentication, biometric logins and encryption, because the last thing you want is an app that doesn’t secure your funds and personal data.
4. Access to Tools and Charts
Copy link to sectionWith the right tools and charts, you can spot patterns and make price predictions.
Different traders have different needs, but if you’re a technical trader, you need access to robust charting tools, indicators, and even things like one-click trading.
From my experience, apps like TradingView are excellent for charting on the go.
You get the same access as you will on a web or desktop application, from the palm of your hand. You’re even able to transfer templates, layouts, and more, from the web platform to your app.
For me personally, there’s another thing to consider. It can often be impractical to do detailed analysis from your phone.
I’ve spent hours fiddling around, trying to draw Fibonacci retracements on a small smartphone screen, and it’s simply not the most practical way to analyse a chart.
I’ve yet to find an app that is really effective for small screen analysis (if you have a iPad or a similar tablet, that’s a much better experience).
But for me – and perhaps I’m just old – it’s much easier to do analysis with a mouse rather than your finger).
If you can, use a desktop or web-based trading platform for technical analysis.
App-based trading tools and charts are fine for basic needs, but keep the heavy lifting to big-screen platforms – ideally, split the work so that you do the analysis from your PC and monitor your trades from the app.
5. Fee Structure and Commissions
Copy link to sectionMost apps are free to download and sign up.
However, the overall cost model varies, and you can end up paying a lot more than you need to if you don’t shop around for the best value apps.
For example, some apps charge transaction fees on every trade, which usually range from 1% to 2%, but they can be free on some apps.
The table below compares the cost of trading on the best forex apps.
| Asset | eToro fees | Revolut fees |
|---|---|---|
| Crypto | 1% | – |
| Commodities | From 2 pips | – |
| Forex | From 1 pip | – |
| Index prices | From 0.75 pts | – |
| Stocks | 0% commission | – |
| Stock CFDs | 0.15% | – |
| ETF CFDs | 0.15% | – |
| View more > | eToro > | Revolut > |
Before you sign up to an app, make sure you’re familiar with the fees it will impose for trading, deposits and withdrawals.
You also need to consider the spread – the difference between the buy and sell price of a currency.
As a general rule, the higher the difference between these two prices, the more expensive the app.
You want to find the lowest possible spreads you can, and if you’re a high volume trader like me you can often get better rates.
You’ll have experienced spreads in action if you’ve ever swapped money to go on holiday.
The buy price is typically higher than the sell price, because the company in the middle takes its fee from the difference between the two prices.
A lot of forex apps work the same way. If they don’t charge a flat fee per trade, then you need to hone in on the spreads.
Many apps claim to offer market-leading spreads, but in my experience,D I wouldn’t trust a company’s marketing department to tell me where the value is.
6. A variety of Different Trading Options
Copy link to sectionDifferent apps offer various options so you can personalise your strategy. Here are some of the most popular ways to trade forex.
- Leveraged trading. Leverage is a huge part of trading forex. Currency price swings are so small that you need to place large trades to make money – and rather than putting up all the money yourself you can loan it from your broker. The maximum amount of leverage in the US is 50:1 (i.e. you can make a trade worth $50 by putting up $1 and borrowing the rest).
- Scalping. For those who want to quickly enter and exit the market on a large number of trades to take advantage of small price movements, this should be a strategy of interest.
- Hedging. Some people make trades for the purpose of protecting their current or future positions from downside risk created by adverse market conditions. There are a variety of ways they can do so, such as taking out a buy and sell position on the same currency.
- Shorting. Just as one can take a long position – investing in the belief something will rise in value – they can also take a short position – investing in the belief something will fall in value.
Leverage in particular is an important part of forex trading.
This is a good way of gaining greater exposure to the value of a certain currency, though it also heightens the amount of risk you will face.
I recommend caution when you start to use leverage, as you’ll find yourself borrowing money and making trades worth much larger amounts than normal.
Compare the leverage on offer from different forex apps right here:
| Product | eToro maximum leverage | Revolut maximum leverage |
|---|---|---|
| Stock CFDs | 1:5 | – |
| ETF CFDs | 1:5 | – |
| Forex CFDs | 1:30 | – |
| Crypto | 1:2 | – |
| Index CFDs | 1:10 | – |
| Commodity CFDs | 1:10 | – |
| View more > | eToro > | Revolut > |
Trading with leverage is highly risky and can result in significant losses. We do not recommend that beginners trade with leverage.
7. Additional Features Like Access to a Demo Account
Copy link to sectionThese can be a nice bonus and give some apps a key advantage over their competition.
For those like me, who have traded for a while and it’s more about finding the most convenient app, the right selection of charts and graphs is key
If you’re new to trading, then I highly recommend looking for demo accounts, tutorials and social trading features to help you through the difficult first few months.
Another thing to consider is your access to the latest economic news and data.
Forex prices typically trade in reaction to new data or significant economic events, such as the latest US non-farm payroll data, and having easy access to this information is very important.
Best Forex Apps: User Reviews
Copy link to sectionOne way to choose the best forex app is to look into other people’s experience of using one.
In this article I’ve given you mine, but the more data the better.
I regularly conduct user surveys to gather feedback about your experience of the top apps and this feeds into our final ranking of each service.
Below is a summary of that research, comparing the user reviews, rating, and feedback across each of the top forex apps.
| Review source | eToro rating | Revolut rating |
|---|---|---|
| Trustpilot | 4.4 | – |
| Google Play Store | 4.1 | – |
| App Store | 3.8 | – |
| View more > | eToro > | Revolut > |
Methodology: How Did we Choose the Best Forex Apps?
Copy link to sectionHelping people make better financial decisions is at the heart of our mission at Invezz.
We periodically test more than 63 forex apps to provide our users with clear, accessible guidance on the investing options available. All testing is carried out by our panel of forex experts, analysts, and active traders who sign up to each app, conduct research, and score each service.
Our tests are designed to find foreign exchange apps that offer a beginner-friendly, secure trading experience at a fair price. To supplement our practical testing and experience, we research each service to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.
Each forex app is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.
We work closely with individual apps to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.
