Mobile trading has come a long way in the past couple of years. In fact, today, mobile trading apps for iPhones are becoming more and more similar to desktop trading software. That being said, finding the right trading app can be difficult and not all of them hold the same high standard.
That’s why we put in the time to evaluate, test and review some of the top mobile trading apps on the market, and we’ve collected the results below.
What Is a Trading App?
Before we get started, we wanted to clarify what counts as a trading app. You see, many apps have been designed to help traders improve their opportunities, but that doesn’t mean they are trading apps. For example, an app that delivers the latest and most updated trading news can be used for trading, but it’s not a trading app. Instead, we only focused on apps that are either used to trade or used to improve one's trading directly.
eToro is a world-renowned online broker with a unique trading concept that lets traders copy each other. They also have the world’s leading social trading network which is connected directly to their trading platform.
A few years ago, eToro went through a major redesign and update, and even though their software was good before that, it’s even better now. This is especially true for the broker's iPhone trading app.
Plus500 has been one of the most innovative online brokers in the industry for many years. For example, they were the first broker to start offering CFD trading on Bitcoin, and they were among the first to launch trading software for Windows Phones and Apple Watches.
In addition, Plus500 is one of the biggest brokers in the industry and their mobile trading software has won multiple awards over the years.
All things considered, Plus500 is an excellent pick for any trader looking to trade on their iPhone or iPad.
3. MetaTrader 4 & 5
MetaQuotes is the name of one of the top software developers in the trading industry. Their two main platforms MetaTrader 4 and MetaTrader 5 are widely considered to be some of the best out there, both for desktop and mobile trading.
Today, a long list of the best online brokers rely on MetaQuotes incredible iPhone trading app including Markets.com, Trade.com, and AvaTrade.
Robinhood is one of the newer companies in the industry but also one of the most groundbreaking. So far their software is only available to American traders and it’s mobile-only, meaning you can’t use them on a regular desktop computer or laptop.
They specialize in stock and cryptocurrency trading and really took the industry by surprise when they launched and exploded in popularity within months.
5. TD Ameritrade Mobile
TD Ameritrade is one of the most well-known and established entities in the world of investing and trading, and their mobile app is far better than most of their competitors.
In fact, the TD Ameritrade Mobile app is constantly being awarded and picked out as one of the best trading tools in the world. If you’re looking to trade on the go with an app that is not only practical to use but also fairly priced, then this is the software for you.
According to our research, the above-mentioned iPhone trading apps are among the best on the market right now. Obviously, there are more apps that we could have mentioned, and we could have made the list longer. But if you’re looking for a good trading software for your iOS device to get started with today, these are our top picks.