Best Android Apps Forex Brokers of 2024
Written by BrokerNotes.co
March 14, 2024
A Selection of the Top Android Trading Apps
Here are the best forex brokers with Android trading apps.
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| Minimum Deposit | £250.00 |
| Tier-1 Licenses | 8 |
| Tradeable Symbols (Total) | 19537 |
Year after year, IG has shown itself to be the best broker in the forex industry and a fantastic choice for forex traders. Highly trusted and regulated across the globe, IG delivers a wide variety of rich features, market research, and powerful trading tools. IG also offers seamless integration of trading signals into its web platform. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 7 |
| Tradeable Symbols (Total) | 70000 |
Saxo is a highly trusted broker that operates multiple banks and is regulated across the globe. Saxo delivers an incredible cross-platform experience alongside powerful research and a vast selection of more than 60,000 symbols across multiple asset classes. It’s worth noting that minimum deposits at Saxo are steep. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 5 |
| Tradeable Symbols (Total) | 11925 |
CMC Markets is a highly trusted multi-asset broker regulated in multiple Tier-1 jurisdictions. CMC's powerful Next Generation trading platform for web and mobile delivers a huge selection of markets and a fantastic user experience. CMC Markets also ranks highly for its high-quality research and educational content. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 5 |
| Tradeable Symbols (Total) | 40000 |
Charles Schwab is a leader in platform technology and trusted by millions of investors globally with trillions in assets under its brands. Available exclusively to U.S. residents, Charles Schwab's forex offering consists of just over 70 currency pairs, along with powerful research and trading tools. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 9 |
| Tradeable Symbols (Total) | 8500 |
Interactive Brokers is a highly trusted broker regulated across the globe that delivers access to over 100 markets, including forex and CFDs. Its Trader Workstation (TWS) platform offers a variety of advanced trading tools for experienced traders, and IBKR's web-based platform is great for beginner forex traders. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $100 |
| Tier-1 Licenses | 7 |
| Tradeable Symbols (Total) | 5500 |
FOREX.com is a highly trusted brand with a long history of offering forex in the U.S. and across the globe. FOREX.com offers its own flagship trading platforms for web and desktop, as well as the full MetaTrader suite. Though its pricing is higher than average, FOREX.com is a balanced choice for traders of all experience levels. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Minimum Deposit | £100.00 |
| Tier-1 Licenses | 7 |
| Tradeable Symbols (Total) | 13500 |
City Index, part of StoneX Group, is an award-winning, highly trusted broker with a long history of offering forex and CFDs across its global offices. City Index delivers a well-designed mobile trading app and a powerful web platform, as well as a large range of tradeable markets (though pricing is just average). Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | No |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 7 |
| Tradeable Symbols (Total) | 3928 |
OANDA is a highly trusted broker that delivers strong market research and support for a range of third-party plug-ins and platforms (like MetaTrader 4 and the wildly popular TradingView). OANDA’s Trade desktop platform is good, not great, but the mobile version is easy to use and boasts a great balance of features. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Minimum Deposit | $0 |
| Tier-1 Licenses | 2 |
| Tradeable Symbols (Total) | 6200 |
XTB is a highly trusted brand with a proprietary platform (xStation 5) that delivers a rich selection of trading tools. XTB also offers CFDs for a wide range of asset classes, including multiple cryptocurrencies. Beginners will appreciate XTB's excellent educational content and the hundreds of lessons that are available via its Trading Academy. Read full review
| Apple iOS App | Yes |
| Android App | No |
| Proprietary Platform | Yes |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Here are some additional Android trading apps. Möchten Sie diese Anleitung auf Deutsch lesen? Klicke hier
AvaTrade
AvaTrade is regulated by the Central Bank of Ireland and authorized throughout the EEA via passporting arrangements under the MiFID regime (Markets in Financial Instruments Directive). AvaTrade was one of the pioneers of cryptocurrency trading, and they can be traded as currency pairs on their Android trading app.
The following cryptocurrencies are available:
- Bitcoin and Bitcoin Cash
- Ethereum and Ethereum Classic
- Ripple
- Dash
- Litecoin
- NEO
- Monero
Here are some of the benefits of trading cryptocurrency with the AvaTrader app:
- Just 100 units of the base currency that the account is opened in is required to begin trading.
- Traders can either go long to speculate that markets will rise, or short to speculate on markets falling.
- Cryptocurrency trading is leveraged at up to 20:1. So just £10 will expose a trader to £200 worth of the currency. Of course, this also exposes the trader to greater losses if the market moves against them. Traders should be aware of the risks to capital involved before trading with leverage.
- Customer support is available in 14 different languages, 24/7.
- Interactive charts are provided so that traders can perform analyses and studies for each cryptocurrency.
AvaTradeGO is the mobile trading app offered by AvaTrade. It connects to a trader’s MT4 account, providing a mobile-friendly user interface. It can be downloaded from the Google Play Store for Android devices, including tablets and smartphones. In addition to the cryptocurrency Forex pairs, traders can also access CFDs (contracts for difference) on commodities and popular stocks, such as Apple, Google, and Amazon. Insights into the buying and selling behavior of other traders are also a feature available on the platform.
EasyMarkets App
EasyMarkets (formerly Easy-Forex) is a multi-asset brokerage house based in Cyprus. The company offers brokerage services in the trading of currencies, CFDs, and options. Cryptocurrencies are also included in the suite of markets available. EasyMarkets have a mobile trading app that allows traders to take advantage of a novel feature known as dealCancellation.
What is the dealCancellationâ„¢ feature?
The process of trading usually begins with the analysis of an opportunity. Sometimes, some aspects of the analysis can be missed, or an unexpected turn of events can cause the markets to move against the trader in spite of their thorough analysis. With EasyMarkets, the dealCancellationâ„¢ feature gives traders a kind of insurance that protects them against this eventuality as it effectively allows them to undo their trade.
How does dealCancellationâ„¢ work?/
During the process of setting up a trade, where the DealCancellation service is available, a slider will be clearly displayed allowing the user to select it. A green shield logo with a white tick will be displayed on the trading ticket if the risk management function is available for a particular product. Many of the products are eligible, including silver, gold, and popular currencies. The amount that will be required to be paid for the dealCancellationâ„¢ service will vary depending on the recent volatility of the market selected and the value of the trade. It will be displayed on the trading ticket once dealCancellation has been selected and before a trader commits to placing the trade. Once applied, the trader has a 1-hour window to activate their dealCancellationâ„¢ function and get a refund of the capital used in the trade. The price paid for dealCancellationâ„¢ will not be returned.
Other monitoring tools that are included in the app are live price notifications, live market news and customizable charts with a range of technical indicators.
eToro
eToro is a CySEC-regulated broker that is able to offer its services to member states through the MiFID regime. Outside of the EU, they are also permitted to trade in the Republic of South Africa.
Their Android mobile trading app offers all the features that are provided on their web browser platform. The feature that eToro is most renowned for is its patented CopyTraderâ„¢ technology. This allows users to discover traders with top-performing portfolios, and copy their trades automatically. Before deciding which traders to copy, users of the app can view their performance metrics, with month by month graphs, an overall 12-month performance figure, a risk score, and interactive charts, which allow users to apply technical indicators to fully assess the past performance of a trader before they commit to copying their portfolio. Within the app, in order to find a trader to copy, users can click on the Copy People menu option to view the live rankings.
A more recent feature to be added to the eToro platform and available through the mobile trading app is eToro's CopyPortfolio. With this feature, eToro offers funds that can be automatically copied, in the same way that individual traders can be copied with the CopyTraderâ„¢ function. The funds offer specific trading goals and strategies, such as cryptocurrencies, or specific types of stocks, and are provided by eToro or by their fund manager partners.
The social aspect is also carried through into the manual trading functions, with each financial instrument offering the ability for users to comment, or view and respond to comments from others. This feature is particularly useful for less experienced traders who can learn from the insights provided by more experienced traders in the community.
IG Capital Markets
IG Group, owners of IG Markets Ltd are authorized and regulated for their brokerage services within the UK by the Financial Conduct Authority (FCA), with permission to passport their services to countries within the EEA. They also hold regulatory authorization in Australia, Singapore, New Zealand, Switzerland, the UAE, and South Africa. In addition, the Nadex digital options brand operated in the US also belongs to the IG Group. This demonstrates the size, presence, and authority that the group has worldwide – a significant pro for many traders.
One of the standout features of IG Markets Ltd is the asset range available to traders. IG Markets Ltd has arguably one of the widest financial instrument ranges amongst brokers. Just some of the markets on offer include:
- Indices
- Shares
- Forex
- Binary options (digital 100s)
- Conventional options
- IPOs
- Forex
- Commodities
- Bonds
- Interest rates
- Exchange-Traded Funds (ETFs)
- Cryptocurrencies
These markets give traders access to more than 15,000 financial instruments. Traders can spread bet, buy and sell shares, and trade CFDs through their mobile apps. The Android trading app is free to download from Google Play Store and has been downloaded between 500,000 and a million times.
CoreSpreads
Corespreads offers users the facilities for trading CFDs on stocks, indices, commodities and currencies, but are perhaps best known for their financial spread betting product. The Android trading app is compatible with a range of devices, including smartphones and tablets, and replicates the features of their web-based platform, CoreTrader. The app offers real-time quotes, a variety of execution modes, trading history, and pending order capabilities.
Financial spread betting involves speculating on whether the value of the underlying assets will move up or down. As this is a form of betting, any gains made from financial spread betting is free from capital gains tax in the UK, depending on the tax status of the trader.
The Core Spreads parent company, Finsa Europe Ltd, is regulated by the Financial Conduct Authority and authorized to provide its services throughout the EEA.
BrokerNotes.co 2024 Overall Rankings
To recap, here are our top forex brokers for 2024 that offer Android apps, sorted by Overall ranking.
| Company | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Trust Score | Tradeable Symbols (Total) | Read Review |
|
IG
|
9.9 | £250.00 | 0.98 | 99 | 19537 | IG Review |
|
Saxo
|
9.7 | $0 | 1.1 | 99 | 70000 | Saxo Review |
|
CMC Markets
|
9.6 | $0 | 0.61 | 99 | 11925 | CMC Markets Review |
|
Charles Schwab
|
9.3 | $0 | 1.25 | 99 | 40000 | Charles Schwab Review |
|
Interactive Brokers
|
9.9 | $0 | 0.63 | 99 | 8500 | Interactive Brokers Review |
|
FOREX.com
|
9.4 | $100 | 1.4 | 99 | 5500 | FOREX.com Review |
|
City Index
|
9.3 | £100.00 | 1.4 | 99 | 13500 | City Index Review |
|
OANDA
|
8.6 | $0 | 1.61 | 93 | 3928 | OANDA Review |
|
XTB
|
9.1 | $0 | 1.00 | 96 | 6200 | XTB Group Review |
 Swissquote
|
8.7 | $1000 | N/A | 99 | 472 | Swissquote Review |
 eToro
|
8.9 | $50-$10,000 | 1 | 93 | 5461 | eToro Review |
 Capital.com
|
8.7 | $20 | 0.67 | 87 | 3007 | Capital.com Review |
 AvaTrade
|
8.7 | $100 | 0.93 | 94 | 1260 | AvaTrade Review |
 Plus500
|
8.6 | €100 | 1.5 | 99 | 5500 | Plus500 Review |
 FxPro
|
8.1 | $100 | 1.51 | 90 | 2249 | FxPro Review |
 FXCM
|
8.6 | Starts from $50 | 0.78 | 95 | 440 | FXCM Review |
 Trading 212
|
7.7 | €10 | 1.9 | 79 | 8025 | Trading 212 Review |
 FP Markets
|
8.3 | $100 AUD | 1.1 | 87 | 10000 | FP Markets Review |
 ActivTrades
|
7.7 | 0 | 0.98 | 81 | 1267 | |
 ThinkMarkets
|
7.9 | $50 | 1.1 | 92 | 4000 | ThinkMarkets Review |
 Pepperstone
|
8.5 | $0 | 1.10 | 95 | 1726 | Pepperstone Review |
 IC Markets
|
8.2 | $200 | 0.62 | 84 | 3583 | IC Markets Review |
 BDSwiss
|
7.7 | $10-$5000 | 1.6 | 76 | 1081 | BDSwiss Review |
 Trade360
|
7.2 | $250 | N/A | 76 | 1062 | Trade360 Review |
 DooPrime
|
7.8 | $100 | N/A | 83 | 10000 | DooPrime Review |
 TeleTrade
|
7.1 | $100 | N/A | 71 | 500 | Teletrade Review |
 Vantage
|
8.0 | $50 | 1.30 | 90 | 1000 | Vantage Review |
 XM Group
|
8.5 | $5 | 1.6 | 88 | 1394 | XM Group Review |
 Admirals
|
8.5 | $100 | 0.8 | 93 | 8702 | Admiral Markets Review |
 easyMarkets
|
7.3 | $50 | 0.8 | 80 | 230 | easyMarkets Review |
 BlackBull Markets
|
8.0 | $0 | 0.76 | 78 | 26000 | BlackBull Markets Review |
 Tickmill
|
8.2 | $100 | 0.51 | 86 | 725 | Tickmill Review |
 Exness
|
7.4 | $10 | N/A | 81 | 227 | Exness Review |
 Markets.com
|
8.1 | $100 | 1.9 | 93 | 2179 | Markets.com Review |
 Questrade
|
7.8 | $250 | N/A | 86 | 641 | |
 Moneta Markets
|
7.5 | $50 | 1.38 | 72 | 1016 | Moneta Markets Review |
 Octa
|
7.2 | $25 | 0.9 | 70 | 277 | OctaFX Review |
 HYCM (Henyep Capital Markets)
|
7.8 | $20 | 1.2 | 86 | 1199 | HYCM Review |
 Eightcap
|
7.6 | $100 | 1.0 | 85 | 736 | Eightcap Review |
 HFM
|
7.8 | $0 | 1.2 | 86 | 500 | HFM Review |
 ACY Securities
|
7.4 | $50 | 1.2 | 75 | 2200 | ACY Securities Review |
 MultiBank
|
7.5 | $50 | N/A | 84 | 1042 | MultiBank Review |
 FinecoBank
|
8.0 | $0 | N/A | 94 | 9770 | Fineco Bank Review |
 RoboForex
|
7.3 | $100 | 1.3 | 73 | 8400 | Roboforex (RoboMarkets) Review |
 VT Markets
|
7.3 | $100 | 1.2 | 70 | 1000 | VT Markets Review |
 Trade Nation
|
7.7 | $0 | 0.6 | 85 | 1000 | Trade Nation Review |
 TMGM
|
7.6 | $100 | N/A | 83 | 12000 | TMGM Review |
 FXPrimus
|
7.0 | $100 | N/A | 71 | 140 | FXPrimus Review |
 Libertex (Forex Club)
|
6.7 | $10 | N/A | 73 | 300 | Libertex Review |
 Spreadex
|
7.5 | $0 | 0.81 | 71 | 10000 | Spreadex Review |
 Forex4you
|
6.8 | $0 | N/A | 61 | 150 | Forex4you Review |
 TopFX
|
6.7 | Depends on payment method | 1.03 | 67 | 655 | TopFX Review |
 IFC Markets
|
7.2 | $1 | 1.44 | 67 | 630 | IFC Markets Review |
 Xtrade
|
6.9 | $250 | N/A | 74 | 482 | Xtrade Review |
 FXOpen
|
7 | $100 | N/A | 76 | 87 | FXOpen Review |
 iFOREX
|
7.0 | $100 | N/A | 75 | 750 | iFOREX Review |
 Alpari
|
6.8 | $20 | N/A | 68 | 105 | Alpari Review |
 GBE brokers
|
6.8 | $500 | N/A | 71 | 500 | GBE Brokers Review |
 FXGT.com
|
6.6 | $5 | N/A | 69 | 117 | FXGT Review |
 Axi
|
7.1 | $0 | N/A | 82 | 175 | Axitrader Review |
 LegacyFX
|
6.7 | $500 | N/A | 67 | 425 | LegacyFX Review |
 IronFX
|
7.2 | $50 | 1.2 | 83 | 340 | IronFX Review |
 ATFX
|
6.5 | $500 | N/A | 85 | 150 | ATFX Review |
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Methodology
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.