Top Ten: Trading Apps

In this weeks Top Ten segment I wanted to take a look at some of the best trading Apps. With the prevalence of smart phone technology and the significant development in network access and speeds make trading from your mobile a reality. So lets take a look at some of the best apps to help in our mobile trading lifestyle.

1.Metatrader

The most commonly used charting and trading package among retail traders and offered by the majority of Forex brokers. Metaquotes the software developer behind Metatrader now offer a full suite of mobile trading solutions that mean traders can access their accounts and charts from their handheld device for seamless trade analysis and execution.

2. Forex Hours

This tool offers traders a simple and straight forward view for traders to identify which specific Forex trading centers are open at any given time and the relevant levels of liquidity.

3.FX Retracement Radar

This app is essentially a tool which highlights technical retracements levels for FX pairs dependent on the traders time frame of choice, there is also a proprietary momentum analysis feature which is very popular.

4. Trade Interceptor

Is the the first trading platform environment specifically designed for mobile. The first of its kind every detail was specifically designed with the mobile device in mind, providing the ability to analyze charts execute trades with up to the minute market news and information provided.

5.Netdania Forex

This is an extremely popular tool that offers free x price streaming the app also offers real time market news on an aggregated basis, it also offers a price alert service, charting coupled with technical analysis tools

6.FX360

A tool developed and delivered by FX360.com that allows mobile traders to keep their fingers on the pulse of the fundamental and technical drivers for major Forex pairs, with intuitive charting software and price alerts features.

7. Trade Optimizer

Is an excellent risk management tool which uses fourteen variable that facilitates better risk management information for traders on the move,the app can help traders define sizing,expectancy and compound returns.

8.Swiss Forex

Is a complimentary tool provided by Dukascopy offering an extensive suite of tools from live prices, charting, market news, economic calendar, daily high/lows pivot points and a position sizing calendar

9.FX Trend Radar

This tool gives traders the opportunity to see which Forex pairs are in a trending state dependent upon the traders time frame of choice from five minute charts up to daily charts.

10. DJ FX Trader

This free tool is developed by Dow Jones & Company and allows users to get a complete overview of the Forex markets, the tool has an addition market talk tool which highlights trading opportunities combined with a Forex heat map showing the strongest and weakest currencies at any given time.

 

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