Changing currency from one point to another is also known as Foreign Exchange (forex). There are many reasons someone does it. For worldwide online sellers, this is their daily transaction. You might also need it when visiting another country. It’s beneficial to have money in local currencies because not every place could take card payments. According to the Bank for International Settlements, the forex daily trading reached $6.6 trillion in 2019. With that being said, there are numerous currency trading apps that could help you finish the process in just one tap. Here are some trusted recommendations for your next currency trading.

1) MetaTrader

MetaTrader

If you are looking for a currency trading platform with no charge fees, you can try MetaTrader. You will get a lot of benefits from MetaTrader such as wide technical analysis options and a flexible trading system. What’s interesting is that you will get recommendations tailored based on their algorithm. You can also use the mobile app to keep an eye on the chart. 

2) Saxo Bank

Saxo Bank

Saxo Bank is fully regulated and has a legal license for currency trading. Based on a Danish Bank, you can experience online currency trading from any device you have. The interface is also the same between the phone app and the website, making it very easy to operate currency trading apps.

4) Forex.com – Currency Trading Apps

Forex urrency Trading Apps

Forex is a brand of StoneX Financial Ltd which is listed on the NASDAQ stock exchange. It is well-regulated and has been checked by the financial authorities. The reputation of Forex.com as a trading app is very good. You will only need to pay a low fee if you want to start trading. You will also be supported with great research tools that could help you gain profit in currency trading. 

5) PocketOption

PocketOption

Launched in 2017, the company also has a team of professionals. Their vision is to create an innovation in currency trading while still providing quality service. Including IT and FinTech experts. You can access more than 100 global trading assets. The service is available in more than 95 countries and regions globally. You can also trade other investments such as stocks, and cryptocurrencies. 

That is all you need to know about currency trading apps. You can do it from any device you have and you can even teach yourself to do currency trading. The first thing you need to learn is how to manage risk and have low expectations. You also need to create a strategy that will help you reach your goals through currency trading.