Foreign exchange trading, commonly referred to as forex trading, involves the fundamental concept of purchasing and selling currencies on a global market. It also involves utilizing the correct tools and resources to make well-informed and astute decisions. Various forex trading apps are now available for Android users, allowing them to navigate the labyrinthine and intricately-
This article will explore the exceptional top 10 best free forex trading apps for Android users to ease their journey into trading.
List of the Best Free Forex Trading Apps for Android
The forex trading app simplifies the process of trading and investing foreign currencies on your mobile device or tablet. The app will allow you to stay connected at all times. The following are some of the top forex trading apps:
1. IG Forex and CFD trading

The IG Trading app is an impeccable forex platform offering comprehensive trading tools and resources. This includes customizable charts, technical analysis tools, and real-time news and analysis. With IG Trading, traders can trade multiple currency pairs, gain access to many educational resources, and hone their trading skills by utilizing a demo account. This will enable them to practice their trading strategies.
IG Forex Trading Features
- Easily customizable charts
- Technical analysis tools
- News and analysis in real-time
- Currency pairs with different values
- Educational resources
- Demo account
2. FXTM (ForexTime)

ForexTime, widely known as FXTM, is an incredibly user-friendly forex trading app with various trading tools. Traders who utilize FXTM can effortlessly trade on multiple currency pairs, gain access to real-time quotes, and set up alerts to stay abreast of any changes in the market. Furthermore, the app offers the additional benefit of a demo account, which enables traders to practice and sharpen their trading skills without risking their capital.
Features of FXTM
- An easy-to-use interface
- There are multiple currency pairs.
- Quotes that are updated in real-time
- A demo account is available.
3. Saxo

Saxo Bank is a broker that exudes trustworthiness and reliability. It is considered a low-risk option with competitive trading fees and has an impressive trust score of 80 out of 99. Saxo Bank also provides traders an expansive array of over 60,000 instruments on their selected accounts. This makes it a favorable choice for traders seeking diversity in their trading options.
Features of Saxo bank
- The product portfolio is extensive
- Great trading platform
- Excellent Research
- Demo Account
4. MetaTrader 4

MetaTrader 4, or MT4, is one of Android’s most popular forex trading apps. Advanced charting and real-time quotes help traders make informed options. MT4 lets traders trade several currency pairings, create market alerts, and view trading history.
Features of MT4
- Advanced charting capabilities
- Real-time quotes
- Customizable indicators
- Multiple currency pairs
- Trading history
5. IQ Option

IQ Option is a forex trading app that offers a simple and intuitive interface, making it easy for traders to execute trades and monitor their positions. With IQ Option, traders can trade multiple currency pairs, access real-time quotes, and set up alerts. The app also offers a demo account, which allows traders to practice trading without risking their capital.
Features of IQ Option
- Simple and intuitive interface
- Multiple currency pairs
- Real-time quotes
- Demo account
6. TradingView

Another popular forex trading app for Android is TradingView. This app offers a wide range of charting tools and indicators, making it easy for traders to analyze the market and make informed decisions. TradingView lets traders create and share charts, set up alerts, and access a community of traders.
Features of TradingView
- Wide range of charting tools and indicators
- Create and share charts
- Set up alerts
- Access to a community of traders
7. Forex.com

Forex.com is a forex trading app offering various trading tools and resources, including customizable charts, technical analysis tools, and real-time news and analysis. With Forex.com, traders can trade multiple currency pairs, access various educational resources, and use a demo account to practice trading strategies.
Features of Forex.com
- Customizable charts
- Technical analysis tools
- Real-time news and analysis
- Multiple currency pairs
- Educational resources
- Demo account
8. City Index

City Index, mobile trading app, has unlimited access to its users. City index spreads betting markets offer flexibility: updated real-time pricing, automated trading view charts, and more. To access mobile apps for Ios and Android, apps in the play store and apple applications are available. City index can be considered a safe broker that provides competitive spreads on contracts of differences. The trust score is 94 out of 100. 1200+ instruments are available.
Features of City Index
- The regulatory system is very good
- Excellent app for mobile trading
9. XTB

XTB is a forex trading app that offers a range of trading tools and resources, including real-time quotes, customizable charts, and technical analysis tools. With XTB, traders can trade multiple currency pairs, access various educational resources, and use a demo account to practice trading strategies.
Features of XTB
- Real-time quotes
- Customizable charts
- Technical analysis tools
- Multiple currency pairs
- Educational resources
- Demo account
10. eToro

eToro is a popular forex trading app that offers a social platform, allowing traders to connect with other traders and copy their trades. With eToro, traders can trade many currency pairs, access real-time quotes, and use a demo account to practice trading strategies.
Features of eToro
- Social trading platform
- Multiple currency pairs
- Real-time quotes
- Demo account
Conclusion
If you’re looking for the best free forex trading apps for android, you have a plethora of options to choose from. Each app has unique features and benefits, allowing traders to choose an app that meets their needs. With these apps, traders can monitor their trades, access real-time quotes, and make informed decisions. We hope this article helps you choose the best free forex trading app to smooth your trading journey.