Forex (foreign exchange) trading is a global market where traders buy and sell currencies to profit from daily currency fluctuations. While trading currencies on your smartphone may seem daunting, you can easily access this multi-trillion pound market by utilising the best forex apps uk. It’s essential to choose an app that offers advanced functions, a trusted platform and user-friendly features. Prioritise FCA-approved apps to ensure compliance and a secure trading environment. Also, select an app that aligns with your individual needs for a personalised experience.

The best forex apps uk superior charting tools that are optimised for mobile devices. They offer responsive horizontal views and dynamic graphs to provide a seamless user experience. They also support multiple technical indicators and drag-and-drop drawing tools for more complex analysis. They are also compatible with both Android and iOS devices. Additionally, many top forex trading apps in the UK feature free demo accounts that allow users to trade virtual currency without risking real money.

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Other important features of the best forex apps uk include economic news and research. These can help you anticipate market movements before they happen. For instance, if the Bank of England is expected to cut interest rates, this can cause the value of the pound to decrease. Hence, it’s helpful to have a forex trading app that provides insights from sources like Reuters or Autochartist.

IG, for instance, is an FCA-regulated broker with a comprehensive forex trading platform. This platform allows you to trade over 8,000 financial instruments including forex, stocks, commodities and indices. It also features competitive spreads, starting at 0.6 pips on EUR/USD. Moreover, it holds your funds in segregated accounts that are never mixed with Admirals’ assets.