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Forex mobile platforms - List and review
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forex mobile platforms

Forex mobile platforms
ADVANTAGES AND DISADVANTAGES

  Pros Cons
MetaTrader 4 Mobile
  • reliable and fast
  • the possibility of adding an indicator in the window of another indicator
  • quick management of indicators and objects
  • available Polish
  • very few options for personalizing your settings
  • nothing impresses
cTrader Mobile
  • account balance and position all the time visible at the bottom of the platform
  • changing the view orientation works in each tab
  • possible automatic addition of SL / TP
  • option to change the time on the platform
  • synchronization with the cTrader ID cloud
  • frequent problems with logging in at the mobile link (even with 4G)
  • very non-functional charts
  • The Polish language version is unfinished
  • no extras (news, calendar)
  • no insight into the depth of the market (DoM)
xStation Mobile
  • fast and easy
  • market depth preview (DoM)
  • Polish language version
  • a very readable macro data calendar available
  • reversing / doubling the position with two clicks
  • a small number of available indicators
  • no personalization of appearance
  • Slowly adding SL / TP / TS to the open position
  • messages only in English
SWFX Trader
  • logging in using a fingerprint
  • large buttons for easy operation
  • clear interface
  • possible automatic addition of SL / TP
  • service for Place Bid / Offer orders
  • 10-second charts
  • a very large number of additions (calendars, sentiment, pivotas, messages in Polish, etc.)
  • uncomfortable addition / removal of indicators
  • no TF choice with horizontal chart orientation
  • no possibility to add objects to the graph (eg trend line)
  • no Polish language version
CMC Markets Mobile
  • automatic adding SL / TP to position
  • available price alerts
  • second charts
  • a huge number of functions to configure
  • available Polish
  • intuitive tool management
  • built-in calendar and messages (in Polish)
  • loss limit for trading on OB and express contracts
  • in places too colorful and suffocated
  • unreadable account history
  • insufficient segregation of instruments
  • no possibility to change the color scheme of the platform and charts
  • even the shortest timeout of the application requires a password
  • Occasionally hangs when loading quotes and charts
Trading 212 Mobile
  • very fast possibility to test the demo version
  • platform in Polish
  • the option to change the time zone
  • available price alerts
  • active trade on weekends
  • pleasant to use
  • a large number of AT tools
  • messages available only in English
  • list of instruments not divided into categories
  • non-functional calendar macro

Mobile Forex Platforms - Summary

It will not be a surprise if I write that MetaTrader 4 Mobile is the most rational choice. Rational, and not necessarily the best. It is a platform that is reliable and fast, but without any fireworks. We will not pay anything more than the average trader would not need when monitoring his positions in the queue at the post office. The remaining Forex mobile platforms, despite their underdevelopment, are much more innovative and after eliminating the biggest drawbacks, they can successfully become not only a rational but also an excellent choice.

And so we have a telegraphic shortcut: JForex - a great choice for people who rely on a clean chart. The lack of facilities is a scandalous minus. xStation has disadvantages that prevent a wider analysis on the chart, as well as an interface that interferes with dynamic scalping, which is an ideal choice for traders using something in between - swing trading or slow day-trading. CMC Markets Mobile can be said the most - it has a lot of powerful advantages, but at the same time they are covered by equally big disadvantages. Trading 212 Mobile makes us want to trade and leaves a nice impression but doesn't offer anything groundbreaking. cTrader? Interesting platform, provided it turns on :-). Great for position management, not especially for chart analysis.

The ideal mobile platform? For sure, combining the best features of each of the above, there would be a chance that something perfect would arise. In the meantime, we must bite our teeth and accept some compromises.

What do you think?
I like it
33%
Interesting
58%
Heh ...
8%
Shock!
0%
I do not like
0%
Detriment
0%
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Tags
Recommended, mobile platforms, iphone forex, forex mobile platforms, forex mobile platform, android forex, forex iphone platform, mt4 mobile
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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.