Best Mobile Forex Trading Platforms

Do you want to invest while on the go, and are wondering if mobile forex trading platforms can really deliver? With the advancements in software during the last several years, many portable applications now rival desktop programs. In fact, many of the best forex trading platforms offered today, also have a mobile version automatically included. This gives you a powerful way to keep up with the markets, and ensures you'll never miss a trade when you're away from your computer.

Rank Mobile Forex Platform Bonus Mobile Platform? Trade Now
1. Up to $1,200 Any
2. Up to 5% Any
3. Up to $1,000 Any
4. Up to $5,000 Any
5. Up to $2,000 Windows Mobile

The platforms that we mention above all have excellent mobile platforms that allow people to trade with their mobile devices anywhere they have service. This makes for one of the most convenient ways to trade forex because of it's accessibilty all over the world. When you're ready, simply choose the best mobile platform for you and get started online today.

Things to Remember With Mobile Forex

To help you discover if trading on your smartphone is right for your needs, let's examine the benefits and features of this approach below:

Not For Everyone

If you are uncomfortable using applications on your smartphone or other portable device, then mobile forex trading may not be a good fit. After all, there are many options and functions on the best forex trading platforms today, and mobile versions are no exception! Programmers have been able to include most of the same features you'll find in the full software suites, giving you the power to trade from the palm of your hand.

Excellent For the Tech Savvy

In contrast, if you love using your iPhone, iPad, Android powered phone or other portable device, mobile trading is perfect for you. It gives you the ability to keep tabs on the market from anywhere you receive data service. This represents a huge paradigm shift for trade execution, as you had to rely on television reports for price information in the past.

In fact, as more and more investors take advantage of mobile trading applications, the action of the market has made a subtle shift. Response to news events is faster than ever before, and you can't afford to be left behind! After all, even if you step out for just a few minutes, you may miss a opportunity for profit in that short amount of time.

Built-In Monitoring

Also, the best forex platforms designed for mobile use often have an extra feature as well. They will alert you if your price or other market conditions are met, meaning you don't have to continually monitor the trading action. How is this beneficial? Often times you have other activities to attend to, such as meetings, presentations or even family errands. This function gives you the ability to have the market with you at all times, yet eliminates your need to watch it constantly.

Multiple Access Points

Another benefit is included in the best trading platforms with mobile versions as well. Several prominent examples, such as MetaTrader5, have the same powerful features in every format offered. This includes the desktop, web-based and even mobile programs. However, many users find it easiest to perform their in-depth market research on their computer, and even prefer it for trade execution. Yet, a mobile platform gives you the option to monitor your open orders, and close them out if you wish. This is a good strategy if you aren't comfortable with trading solely on your smartphone, yet have enough confidence to use it from time to time.

Automatic Backup

Forex trading platforms with multiple formats provide another useful feature too. If you have the ability to access your trading strategy and current price information using several methods, you have a built-in safety net. How so? If your computer crashes or your hard data line stops working for example, you would be able to access this information from your phone's mobile network instead. This gives you the backup you need, to ensure you are always able to control your market positions. This is a crucial benefit, as in mere minutes you can lose or gain thousands of dollars!

Brokers Which Offer Mobile Options

At this point you may be sold on the idea of selecting the best trading platform which has a mobile version included. You might be wondering what brokerage firms currently offer this type of product? Among the available options, a few names stand out from the rest. Easy-Forex, Plus500, eToro and HotForex are just a few, and these will meet your portable needs in superior fashion.

Also, they provide excellent customer service, many funding options and some provide deposit bonuses as well. Therefore, they are worth your time to investigate further, as they are good partners to work with for your trading needs.

So, as you can see from the above discussion, mobile trading systems provide many unique benefits. From built-in monitoring, multiple access points and automatic backup, you will love their many features. Also, many quality brokerage firms now offer the best forex trading platforms with mobile versions, so your choices are no longer limited. So, if you want to keep track of the markets while on the go, a mobile program is a powerful tool to employ!