The 10 Best Forex Trading Apps of 2025: A Deep Dive into Fees, Features & Usability
Finding the right forex trading app can be tough. Hundreds of options exist, each claiming to offer the best tools and lowest fees for your trading needs.
We did all the research for you in this guide. Our team reviews the top 10 apps for 2025 with a focus on what really matters: cost, features, and how easy they are to use.
To help you find your match quickly, here are our top picks.
| Category | Best Forex Trading App |
|---|---|
| Best Overall | IG |
| Best for Beginners | eToro |
| Best for Advanced Features | MetaTrader 5 |
Our Testing Methodology
We believe in being completely open about how we rank these apps. Our ratings come from careful testing, not just opinions.
Our team spent over 80 hours testing these apps hands-on. We opened real and practice accounts, made trades, and tested features on both iPhone and Android to match real trading conditions.
Our main testing areas included:
- Fees & Transparency: We looked at spreads, commissions, overnight fees, and any hidden costs that affect your profits.
- Usability & Design: We checked how easy each app is to use, from signing up to making trades and managing your account.
- Charting & Tools: The quality and number of technical indicators, drawing tools, and analysis features were tested thoroughly.
- Security & Regulation: We focused on brokers with strong regulation. Choosing from reputable forex brokers is key to protecting your money.
- Customer Support: We tested how quickly and well support staff responded through in-app chat, email, and phone.
- Platform Stability: We monitored app speed, trade execution quality, and crash frequency, especially during busy market times.
In-Depth App Reviews
Here is our detailed breakdown of the best forex trading apps to help you compare based on your trading style and experience.
1. IG - Best Overall Performance
Overview and Reputation
IG has been a global leader in online trading since 1974. The company is regulated by major authorities like the FCA (UK) and ASIC (Australia) for strong security. Their app, IG Trading, gets high marks with a 4.1-star rating on Google Play and 4.6 on the Apple App Store.
Key App Features
- Advanced charting with dozens of technical indicators and drawing tools.
- Integrated news and analysis from Reuters and IG's in-house team.
- Real-time price alerts and customizable watchlists.
- Advanced order types, including guaranteed stops.
Fee Structure
IG offers competitive pricing, particularly for its standard account which is commission-free.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 0.6 pips | $0 |
| DMA (Forex Direct) | From 0.1 pips | Varies by volume |
Usability and Experience
We found the IG Trading app to be exceptionally well-designed. The layout is clean and easy to navigate, making it good for beginners. Yet it has enough power for professionals too. Making trades directly from charts worked smoothly, and the "close all" positions feature was very helpful during fast market moves.
2. eToro - Best for Beginners
Overview and Reputation
eToro leads the world in social trading platforms. The app is regulated by the FCA, ASIC, and CySEC, creating a safe environment for millions of users. It gets high ratings for being user-friendly, with over 10 million downloads on Google Play.
Key App Features
- CopyTrader™ technology to automatically copy trades from experienced investors.
- Smart Portfolios offering themed, long-term investment strategies.
- User-friendly interface designed for newcomers.
- Integrated social feed to share ideas with other traders.
Fee Structure
eToro keeps fees simple by building trading costs into the spread. There are no extra commissions on forex trades.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 1.0 pips | $0 |
Usability and Experience
The eToro app is probably the easiest to start using. Sign-up is quick, and the app feels more like social media than a trading platform. The CopyTrader feature works remarkably well - finding top traders and copying them takes just a few taps. It's a perfect starting point for new traders.
3. MetaTrader 5 - Advanced Features
Overview and Reputation
MetaTrader 5 (MT5) isn't a broker but a platform offered by hundreds of brokers worldwide. This upgrade to the famous MT4 offers more advanced tools and markets. With over 10 million downloads and a 4.5-star Google Play rating, it's clearly popular.
Key App Features
- Access to 38 technical indicators and 44 analytical objects.
- Three chart types and nine timeframes.
- Integrated economic calendar and financial news.
- Full set of trade orders, including pending and stop-orders.
Fee Structure
Fees on MT5 depend on which broker you connect it to. Spreads and commissions vary widely.
Usability and Experience
The MT5 mobile app packs a lot of power. It successfully brings a desktop-like trading experience to your phone. While not as sleek as some other apps, its technical tools are unmatched. We were impressed by how many analysis tools fit on a small screen. The interface takes time to learn, though, so it's better for traders with some experience.
4. FOREX.com - Excellent Charting Tools
Overview and Reputation
FOREX.com is well-respected and especially popular in the US. The broker is regulated by the FCA and CFTC, among others. Their mobile app has been greatly improved recently, making it a top choice with strong charting tools.
Key App Features
- Charting powered by TradingView, offering 80+ indicators and advanced tools.
- Integrated performance analytics to review your trading habits.
- Full-featured trade and order management.
- Curated market analysis and news.
Fee Structure
FOREX.com offers several account types for different trading styles, including a commission-based option for tighter spreads.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 1.0 pips | $0 |
| Commission | From 0.2 pips | $5 per 100k lot |
Usability and Experience
The TradingView charts integration makes this app stand out. We found the charting to be the best among all broker-made apps. Drawing trend lines and adding indicators was smooth and precise. The app feels modern and responsive, and syncing watchlists from the desktop version worked perfectly.
5. AvaTrade - Great All-Rounder
Overview and Reputation
AvaTrade is an Irish broker with global reach and multiple top-tier regulations. Its app, AvaTradeGO, has won awards for design and innovation. The platform aims to serve traders of all skill levels well.
Key App Features
- AvaProtect™ risk management tool to hedge specific trades.
- Step-by-step guidance for opening trades.
- Market trends and insights directly within the app.
- Access to over 1,000 financial instruments.
Fee Structure
AvaTrade uses a fixed spread model, which makes trading costs predictable.
| Account Type | Typical EUR/USD Spread | Commission |
|---|---|---|
| Standard | 0.9 pips | $0 |
Usability and Experience
The AvaTradeGO app feels polished and well-made. We especially liked the AvaProtect feature, which works like trade insurance for a small fee. Setting it up was easy. The app shows clear visuals of market trends, making it simple to understand market sentiment at a glance. It balances simplicity and powerful features well.
6. Pepperstone - Low Spreads and cTrader
Overview and Reputation
Pepperstone is an Australian broker known for fast execution and very low spreads. Regulated by ASIC, FCA, and DFSA, it's popular with scalpers and automated traders. While it offers MT5, its cTrader app really stands out.
Key App Features
- Advanced order types, including limit and stop orders.
- In-depth market analysis and detailed symbol information.
- QuickTrade mode for one-tap trading.
- Fluid and responsive charting capabilities.
Fee Structure
Pepperstone's Razor account is famous for its raw spreads plus a small commission, making it one of the most cost-effective options.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 1.0 pips | $0 |
| Razor | From 0.0 pips | ~$3.50 per lot |
Usability and Experience
We tested the Pepperstone cTrader app and were very impressed. The interface looks modern and clean, much better than the older MT4/5 design. Charts felt incredibly smooth, and the detailed order tickets gave excellent control. Setting up price alerts was easier than on most other platforms we tested.
7. OANDA - Trusted and Reliable
Overview and Reputation
OANDA is one of the oldest and most trusted names in online forex, with strong regulation including the FCA and CFTC. Its fxTrade mobile app focuses on performance and reliability.
Key App Features
- Advanced charting with performance overlays and analysis tools.
- Customizable interface to match your trading style.
- Guaranteed stop-loss and take-profit orders.
- Integrated news feed and economic calendar.
Fee Structure
OANDA offers a simple, commission-free pricing model with competitive spreads.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 1.0 pips | $0 |
| Core | From 0.4 pips | $4 per 100k lot |
Usability and Experience
The OANDA app feels solid and built for serious trading. We found its execution exceptionally fast, with minimal price slippage even during news events. The charting tools are powerful and allow complex analysis on the go. While it lacks the social features of eToro, it excels at its main job: providing a stable and efficient trading environment.
8. Plus500 - Simple and Streamlined
Overview and Reputation
Plus500 is a global CFD provider known for its simple trading platform. The company is regulated by the FCA and ASIC and is listed on the London Stock Exchange. Their app is designed for ease of use, making it popular with casual traders.
Key App Features
- Clean, intuitive, and easy-to-navigate interface.
- Free and unlimited demo account.
- Real-time price quotes and alerts.
- Risk management tools like guaranteed stops.
Fee Structure
Plus500's fees are built into the spread, with no commissions on trades.
| Account Type | Dynamic EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 0.8 pips | $0 |
Usability and Experience
The Plus500 app is extremely simple to use. All key information—balance, equity, profit/loss—appears clearly on the main screen. Finding a market and placing a trade takes just seconds. While its charting tools are more basic than competitors like FOREX.com or IG, its streamlined design makes it one of the least intimidating apps for new traders.
9. TradingView - Best for Charting
Overview and Reputation
Like MetaTrader, TradingView is a platform, not a broker. It's widely known for having the best charting tools available. The mobile app lets you connect to supported brokers (like Pepperstone and OANDA) to trade directly from its world-class charts. It has a huge community and over 50 million downloads.
Key App Features
- Best-in-class charts with over 100 indicators and 50+ drawing tools.
- Pine Script language for creating custom indicators.
- Huge social network for traders to share ideas.
- Comprehensive market screener and real-time news.
Fee Structure
The app itself is free, but trading fees depend on the broker you connect. Premium plans unlock more features.
Usability and Experience
Using the TradingView app is great for anyone who focuses on technical analysis. The charts are very smooth, and the number of tools is amazing. We found switching between watchlists and analyzing multiple charts to be effortless. While you need to connect a separate broker for trading, its analysis power is unmatched.
10. Capital.com - AI-Powered Insights
Overview and Reputation
Capital.com is a newer, growing broker regulated by the FCA and CySEC. Its mobile app stands out with an AI-powered analysis tool that gives personalized feedback on your trading behavior.
Key App Features
- AI-powered platform providing tailored trading insights.
- Extensive educational content, including an in-app "Learn to Trade" course.
- Over 75 technical indicators.
- Hedge mode to hold long and short positions simultaneously.
Fee Structure
Capital.com offers competitive, commission-free trading with costs built into the spread.
| Account Type | Average EUR/USD Spread | Commission |
|---|---|---|
| Standard | From 0.6 pips | $0 |
Usability and Experience
The app has a modern and engaging design. The AI feedback feature, eQ, is what makes it unique. After a few trades, it gave us useful tips on our trading patterns, such as diversification and use of stop-losses. This educational element, combined with a smooth interface, makes it a strong choice for traders who want to improve their skills.
Side-by-Side Comparison
To help you decide, we scored each app based on our core testing criteria. This table gives you a quick summary of our findings.
| App | Overall (10) | Best For | Fees (10) | Charting (10) | Usability (10) |
|---|---|---|---|---|---|
| IG | 9.5 | Overall Balance | 9 | 9.5 | 9.5 |
| eToro | 8.5 | Beginners | 8 | 7.5 | 9.5 |
| MetaTrader 5 | 9.0 | Pro Tools | N/A | 9.5 | 8.0 |
| FOREX.com | 9.2 | Charting | 8.5 | 10 | 9.0 |
| AvaTrade | 8.8 | Risk Tools | 8.5 | 8.5 | 9.0 |
| Pepperstone | 9.1 | Low Costs | 9.5 | 9.0 | 9.0 |
| OANDA | 8.7 | Reliability | 8.5 | 8.5 | 8.5 |
| Plus500 | 8.2 | Simplicity | 8 | 7.0 | 9.5 |
| TradingView | 9.3 | Analysis | N/A | 10 | 9.0 |
| Capital.com | 8.9 | Learning | 9 | 8.5 | 9.0 |
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