The iFOREX app a customized web-based browser platform

Deval Shah
Deval Shah

The criteria that determine the best trading app will vary slightly from trader to trader. The most important issue is whether the broker you are choosing is trustworthy. You can decide this by determining how long your broker has been in business, and if they are regulated by an oversight authority.

You also want to make sure that the platform they provide is state of the art.  You want to make sure that the broker provides educational material that teaches your how to trade and also has several analysis tools that you can use to make your trading decision. If you are planning to trade with a desktop, but also need a mobile application to execute trades while you are on the go, then the type of platform your broker provides is also important. Here are the best trading apps

iFOREX

iFOREX is a trustworthy broker that has been in business for more than 20-years. Longevity gives you an idea how the market perceives a broker.  The company is regulated in Cyprus, which is another key statistic.  The iFOREX app a customized web-based browser platform, which has the flexibility of allowing you to logon whether you have access to the internet. The also offer a mobile platform that works in conjunction with the web-based application. The company has set itself apart by offering tight pip-spreads, real-time, market prices which are provided via a direct link, to the interbank arena, and a unique margin policy. They offer 24-hour customer support in multiple languages.

Ava Trade

AvaTrade first came on the scene in 2006 and is located in Dublin, Ireland. The company offers several trading products in more than 150 countries around the globe. The company has offices located worldwide. AvaTrade would be considered a safe trading partner based on the number of years that it has been in business. Additionally, the company is regulated and licensed in the EU and British Virgin Islands, with additional regulation in Australia, South Africa and Japan. AvaTrade offers services in Canada by collaborating with the local broker Friedberg Direct. They have a solid platform, and robust educational offerings. The most unique feature is AvaTrade’s automated trading package that comes bundled with the trading software. They offer forex trading APIs and advanced strategies.

Trade Interceptor

Trade Interceptor is a good choice as it allows investors to execute a suite of securities including currency pairs, commodities and indices.  They have an award for the best mobile platform. The application has a graphing package that allows you to perform technical analysis, using 100-different indicators using real-time data. Trade Interceptor also provides access to live, streaming price quotes. One very nice feature is that they have a mobile app that allows you to test your strategies using historical and real-time data.  The experience that users generally feel while using the trade interceptor mobile application is equal to their desktop application which is very unusual for a trading platform.

 

 

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