Our Top Forex Trading Apps in the UK

Welcome to the ultimate resource for the best forex trading apps in the UK. We have tested, reviewed and listed the best UK forex apps based on a range of criteria and characteristics.

Forex plays a very important role in the British foreign exchange market and throughout the world. In addition, Forex trading includes international trading and investment. This allows large companies to exchange currency easily and quickly.

According to a study from the Bank for International Settlements, Forex trading brings nearly $ 5.3 trillion a day, which is several times more than in other financial markets. Read on to find out which apps are the best for British forex traders in 2021.

Best Forex Apps for Android and iPhone in the UK

Plus500
AvaTrade
FOREX.COM

Spread on Amazon

Variable

1 pips

Depend on market

Commission

Depend on asset

Withdrawal Fee

€0

€0

0

Minimum Deposit

€100

€100

$250

Time to Withdraw

1-3 Days

1+ Day

1-3 Days

How Many Stocks

1,500+ (CFD)

90

220 (as CFDS)

Platform

Plus500

MT4, MT5 & AvaTradeGo

Forex/MT4

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

Central Bank of Ireland

Cysec, FCA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes the Best Forex Apps for Android and iPhone?

The best forex apps in the UK are a select number of mobile trading software, which have been specially designed for forex trading. Forex trading apps provide quick access to your account, allowing you to check quotes and place orders.

Forex trading not only promotes international trading but is also a profitable investment opportunity. Every day, companies and investors make billions by buying and trading currencies. However, for Forex trading to work, significant experience and skills are required.

Almost all forex brokers offer mobile applications, and some of the individual broker applications are so popular that traders who do not have accounts with the broker still use its applications. Other popular forex trading apps offer free and easy access to news, price quotes, and charts.

We have high expectations for those apps that qualify as the best and only list the three apps that excel at every single thing.

For example, besides our basic requirements, such as licenses, a great selection of forex pairs, and top-shelf trading tools, we want the best forex apps in the UK to offer a unique trading experience.

Therefore, these three apps provide analytic tools with unparalleled accuracy and execution, high-street customer service, and exclusive features that are unique to the brand.

Due to the high standard that these three apps hold, you will see that they also qualify as the best apps in several other categories in this guide.

Other Top Mobile Forex Trading Providers in the UK

IG Markets
eToro
CMC Markets

Spread on Amazon

Min. $2

0.09%

0.08%

Commission

Withdrawal Fee

0%

€25

0%

Minimum Deposit

$250

€100

€0

Time to Withdraw

1-3 Days

1 Day

1 Day

How Many Cryptocurrencies

16 (plus pairs)

12 (plus pairs)

How Many Currency Pairs

80+

47

300

How Many Stocks

12,000+

1,000+

9000+

Platform

MetaTrader 4 + DMA

eToro + eToroX

MT4 + DMA

Mobile App

24/7 Support

Regulation

ASIC

CySEC

ASIC

Based in

The UK

Israel

the UK

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THESE THE BEST ALTERNATIVE MOBILE FOREX TRADING PROVIDERS IN THE UK?

Through mobile apps, you do not need to waste your time now and start doing the trade wherever you are. All you need is Internet access and the right app.

In addition to the three top UK forex apps recommended above, there are a number of forex trading providers that almost made the top three list. These three operators belong to the world’s top-tier of mobile trading providers yet lack something that the top three offer. The mentioned above applications have a number of their advantages, which deserve our attention.

The reason why these apps aren’t the best is not because they’ve failed at something, but rather the opposite. You see, what IG Markets, eToro, and CMC Markets have in common is that they are multi-asset brokers that aren’t only focused on forex trading.

Our alternative apps also allow you to collect the data and analyze them in an easier way. Whether you choose the top 3 or alternative apps, you will stay updated every second regarding forex trading in the new international market.

All three apps are good for both novice and experienced users, with 24/7 support. Moreover, the lack of commission makes the applications more profitable for trading. They are comfortable and easy to use. The number of users of the above offers clearly shows the level of user satisfaction.

For no reason should you ever doubt the legitimacy of the other regulated forex trading providers in the UK.

Best Forex Apps for Social and Copy Traders in the UK

eToro
IG Markets
FXTM

Spread on Amazon

0.09%

Min. $2

Depend on market

Commission

Depend on asset

Withdrawal Fee

€25

0%

0

Minimum Deposit

€100

$250

$100

Platform

eToro + eToroX

MetaTrader 4 + DMA

FXTM/MT4/MT4

Mobile App

24/7 Support

Based in

Israel

The UK

Cyrpus

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes the Best App for Social Traders?

Social forex trading is the act of trading while interacting with other traders in real-time. The idea of ​​making a fortune by copying other seasoned traders from home has many benefits, with the most obvious being the exchange of knowledge. Some people claim that social forex trading may be the best way to invest your risk capital in the financial markets.

If you focus on the right social trading platform, you can significantly impact your profit potential. The one thing that the best apps for social traders have in common is that they offer a platform that allows for user communications.

eToro has a complete social and copy trading platform, where all users can interact with each other and/or copy other more successful traders in real-time. You can choose to copy or mirror good traders by replicating their trades in your own account.

IG Markets, on the other hand, has a vast community where traders can discuss a plethora of trading-related topics on a forum-based platform.

Lastly, FXTM has several social trading features that give added value to beginners, while experienced traders can enjoy an alternative source of income.

Please keep in mind that while social trading can improve your chances of making a profit, there is no guarantee that a social forex app is going to help you in any way. Also, there is always a risk in trading, even when you copy a professional.

Your funds’ security is the most crucial factor to keep in mind when choosing a social trading platform.

Best Easy-to-Use Forex Broker App in the UK

Plus500
FOREX.COM
AvaTrade

Spread on Amazon

Variable

Depend on market

1 pips

Commission

Depend on asset

Withdrawal Fee

€0

0

€0

Minimum Deposit

€100

$250

€100

Time to Withdraw

1-3 Days

1-3 Days

1+ Day

How Many Stocks

1,500+ (CFD)

220 (as CFDS)

90

Platform

Plus500

Forex/MT4

MT4, MT5 & AvaTradeGo

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

Cysec, FCA

Central Bank of Ireland

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes the Best Easy-to-Use Broker App?

There are many uneducated people or beginners in the field of trading who find it very difficult to understand the analysis of currency trading. This requires special applications that will help you understand and study the state of the market and make decisions according to past sales and purchases based on data analysis.

Forex trading does not have a rest day or night. So if you want to profit from trading, you have to either forget about sleep or find a suitable and easy-to-use trading application in the UK.

The best easy-to-use forex apps are mobile trading providers that offer features that make forex trading more accessible and easier for beginners and professionals alike. However, due to the focus on user-friendliness, experienced day traders will likely feel limited by these brokers.

Now, in case you’re looking for a simple yet effective app that will allow you to trade on the forex market regardless of where you are, these three apps are perfect for you.

What they all have in common is a well-designed platform, low initial deposit requirements, a slightly limited yet exciting selection of assets, and, more importantly, tools that are easy to use and comprehend. This helps to simplify your understanding of how foreign exchange trading works.

With that said, these forex apps are not necessarily known for their accuracy of swift execution, and for those of you looking to trade more seriously, there are better options available.

Best Technical Analysis App for Forex Trading in the UK

IG Markets
CMC Markets
eToro

Spread on Amazon

Min. $2

0.08%

0.09%

Commission

Withdrawal Fee

0%

0%

€25

Minimum Deposit

$250

€0

€100

Time to Withdraw

1-3 Days

1 Day

1 Day

How Many Cryptocurrencies

12 (plus pairs)

16 (plus pairs)

How Many Currency Pairs

80+

300

47

How Many Stocks

12,000+

9000+

1,000+

Platform

MetaTrader 4 + DMA

MT4 + DMA

eToro + eToroX

Mobile App

24/7 Support

Regulation

ASIC

ASIC

CySEC

Based in

The UK

the UK

Israel

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes the Best Technical Analysis App?

Every successful trader knows that analyzing and evaluating the patterns of trading data is one of the most important qualities in trading. Technical analysis methods allow you to remove emotions from a trading decision. A good technical analysis system generates buy and sell indicators and helps you find new trading opportunities.

Here are three trading apps that have been designed with the intention of making online trading as efficient as possible for experienced day traders. With the latest technology and up-to-date functionality, these three trading apps provide industry-leading analytic abilities to all of its customers.

If you prioritise accuracy and real-time market data on a huge range of assets, then these apps offer everything you need.

Moreover, these technical analysis applications are not only suitable for short-term trading: you can use them on different timeframes, from 1-minute charts to weekly and monthly charts.

The benefit of using an app like this is that you can analyse markets and trade like a professional wherever you are – at home, at work, while commuting, you name it during dinner.

One of the downsides of brokers with analytic tools of this calibre is that they can be a bit overwhelming for beginners.

eToro is, in fact, the only exception and broker that is just as suitable for beginners as they are for day traders looking for the latest analytic tools in the industry.

Best Forex Trading Apps for Beginners in the UK

eToro
Plus500
FOREX.COM

Spread on Amazon

0.09%

Variable

Depend on market

Commission

Depend on asset

Withdrawal Fee

€25

€0

0

Minimum Deposit

€100

€100

$250

Time to Withdraw

1 Day

1-3 Days

1-3 Days

How Many Stocks

1,000+

1,500+ (CFD)

220 (as CFDS)

Platform

eToro + eToroX

Plus500

Forex/MT4

Mobile App

24/7 Support

Regulation

CySEC

FCA, CySEC, ASIC, MAS

Cysec, FCA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE BEST FOREX TRADING APPS FOR BEGINNERS IN THE UK?

As a beginner, you want to find a broker that allows you to grow as a trader. At first, you want the forex trading app to have basic functionality that you can play around with, even without any previous experience.

While you’re getting more comfortable and efficient (and hopefully profitable), you want the app to provide you with more advanced tools that allow you to improve your strategies.

A convenient mobile application for beginners provides users with access to the cryptocurrency market, trading community, statistics, and updates at any time of the day or week. Users can buy and sell various cryptocurrencies while on the go and manage their accounts with ease.

 

Moreover, the best forex trading apps for beginners all have demo accounts where you can trade under real market conditions but in a risk-free environment.

The convenience of the applications we have selected is that they simplify the work of novice traders. For example, eToro provides you with the ability to copy famous traders’ deals, thus learning from others’ successes and mistakes.

In many ways, the best forex apps for beginners represent the opposite of the best-advanced trading platforms. In other words, these three apps are simple yet effective forex apps for beginner to mid-level traders.

WHAT MAKES A GOOD FOREX TRADING APP?

There is a long list of char acteristics and featur es that separate the best forex trading apps in the UK from the rest. Mainly that they are tightly regulated, offer the best mobile trading platforms, have a great selection of assets, as well as offer trading features that are unique to their specific brand.

Today, the UK market is oversaturated with forex brokers and apps, which is why we have such strict requirements when testing, reviewing and recommending the best UK forex brokers.

ANALYSIS TOOLS

Naturally, you need to be able to analyse the markets you want to trade on. Otherwise, you’ll be trading blindly and never find any real value.

That’s why we recommend that everyone uses a demo account to test brokers’ platforms and analytic tools before depositing their own money. To be frank, that is the only way for anyone to check if a forex app’s analytic tools and graphs are good enough.

FOREX TRADING APP REGULATION IN THE UK

Safety should always be your number one priority and the only way to ensure your safety is to use a regulated and licensed forex app. On the UK market, there is one regulatory body in particular that is tasked with overseeing the industry, issuing licenses, and auditing online brokers and their forex apps, namely the FCA.

The Financial Conduct Authority (FCA) is one of the most well-respected financial regulatory bodies in the world.

They are known to be strict and their licenses are some of the hardest to obtain.

Also, the Central Bank of Ireland is charged with licensing AvaTrade, although that is an exception to the rule. In all other cases, the best forex apps in the UK that we recommend are licensed by the FCA.

DOES IT FIT WITH YOUR TRADING STYLE?

You also want to ensure that a potential forex trading app suits your style and strategy. As a beginner, this can be a daunting task since you’re new to the concept.

Luckily, most forex brokers have great educational materials, you can use to develop your trading skills and analyse the market better. 

Moreover, you can test every broker that we recommend by opening a demo account.This account gives you access to virtual funds that you can use to trade under real market conditions, but in a risk-free environment.

In our opinion, this is the only way to ensure that a particular trading app suits your style and needs.

HOW IMPORTANT IS EDUCATION AND RESEARCH?

Incredibly important. Without education, you cannot expect to improve your knowledge and skills, and without the option to research markets, you won’t be able to find the best value.

Because of this, we include educational and research opportunities in all of our reviews and only recommend brokers that have useful resources on offer. This is especially true for those brokers that qualify as the best forex apps for beginners.

DOES IT OFFER GOOD CUSTOMER SERVICE?

Sooner or later, you will have to contact your trading provider. Maybe you need to ask a question about a feature you haven’t used before or you need help changing your preferred payment method.

Therefore, you want to use a forex app with great customer service that you can reach anytime.

So we’ve chosen the best apps, which have great customer support to help to solve your problems on time.

WHAT ARE THE TRADING COSTS IN THE UK?

Before signing up with any broker, you have to review their fees, spread, and non-trading charges. Not all brokers are created equal and some brokers are more expensive to use than others.

We tend to recommend forex apps that are cost-efficient and as cheap as possible. However, fees and costs differ from broker to broker and market to market. So always make sure that you can afford using the broker in question.

DEMO ACCOUNTS

Most top online brokers and forex apps in the UK have demo accounts. A demo account is a replica of a regular trading account with the one difference that you use virtual funds to trade, thus avoiding all risks, as well as the opportunity to make a profit in real money.

Generally speaking, demo accounts fill two purposes. Firstly, it’s offered so that potential customers can test a specific trading platform before signing up. Secondly, these accounts can be used for practice and strategy development.

Tested Platforms & Brokers - And By Who
  • eToro
  • Markets.com
  • 24Option
  • IQ Option
  • BDSwiss
  • HotForex
  • Trade.com
  • Libertex
  • Plus500
  • XTB
  • InstaForex
  • IG Markets
  • GKFX
  • LionsFX
  • Valutrades
  • XM
  • IronFX
  • Blackwellglobal
  • FPmarkets
  • Amana Capital
  • Admiral Markets
  • Alvexo
  • Bizintra
  • Pepperstone
  • Windsorbrokers
  • HYCM
  • ForexTime
  • FXPro
  • FXGrow
  • AAAtrade
  • Markets
  • IFC
  • iForex
  • FXCM
  • Markets
  • CMC
  • LCG
  • Forex.com
  • Oanda
  • FXCC
  • Finmaxbo
  • Marketscube
  • Trader.online
  • Teletrade
Adam Jarfjord
Senior Editor
With several years of experience writing financial copy combined with an avid interest in forex trading, Adam possesses a superb understanding of the industry.

FAQs

Can I trade using my mobile or tablet device in the UK?
Yes, all of the services recommended above have a mobile trading platform. In most cases, you can download the trading apps on any smartphone or tablet running on iOS or Android. With the fact that these providers are regulated and licensed, their apps are available directly in each respective app store (the App Store & Google Play).
Is the information on forex trading apps current?
We pride ourselves in offering the most accurate broker and app reviews online. To do this, we’re constantly reviewing our recommendations and updating our reviews and ranks. If a broker launches a new feature, loses a license or goes through another major change, you can rest assured that you will find the latest information here.
Are the Best Forex Trading Apps in the UK Safe?
Yes, all of the best forex trading apps in the UK are regulated and 100% safe to use. We only recommend brokers with licenses that also have a great reputation in the industry.
Types of Apps – Web, iOS, Android, iPad
Most brokers offer a trading app for iOS and Android, meaning it can be used on iPhones, iPads, as well as smartphones and tablets running on Android. Some operators offer an app for Windows phones. Also, certain brokers have a fully responsive website that automatically adapts to smartphones when opened in a mobile browser. This means that there are several different forex apps for different devices and usages.
Benefits of Using a Forex App in the UK
There are countless benefits to using a forex app. It’s mainly about accessibility and most forex apps are offered to give traders the ability to check markets, analyse assets, and keep an eye on their positions, regardless of where they are.
Disadvantages of Mobile Forex Trading in the UK
Forex apps are, in a lot of ways, limited, compared to regular desktop platforms and, therefore, not suitable for advanced trading. For example, professional day traders tend to trade on several screens at the same time.
Can I Open a Forex Account from an App?
Yes, all of the leading online forex brokers allow you to register a new trading account from their website or their app. The registration process is exactly the same when opening an account online or on your smartphone.

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