Categories: Business

The 4 Best Trading Apps For Novice Traders

If you are a novice trader and you are looking for an app that is efficient and easy to use, you can find several that will meet your criteria.  Most trading apps work on an IOS operating system and the mobile experience allows you to trade in any location where you have access to WIFI or cellular connectivity. Several of the better mobile applications provide users with the ability to chart and graph securities as well as deposit and withdraw their capital.

In addition, as a novice, you will probably want to watch educational material on your mobile trading app as well as receive real-time news that will help you make your trading decisions. Here are some of the best trading apps for novice traders.

IMAGE: PEXELS

NetDania

NetDania provides investors with multiple trading platforms.  They have a very popular mobile app that works on both Android and IOS. You can trade both forex and CFD on their platform. The app provides real-time forex interbank rates and access to quotes on stocks and commodities, such as oil and natural gas. It provides more than 20,000 financial instruments in aggregate. In addition, Netdania provides traders with real-time market news that is global in nature.  The interface is easy to navigate and is a good choice for novice traders.

iFOREX

The iFOREX IOS app is also very popular as it is a customized application that is easy to use. The application is brought to you by one of the leaders in the forex industry. iFOREX leverages of their 20-years of forex experience as a broker and platform designer. The mobile application is IOS based and their browser-based platform allows you to log on where you have access to the internet. Their execution is top notch as traders can make trades using swipe gestures.

iFOREX is a leader in CFD trading, providing investors with a wide variety of instruments. If you are a novice trader, having the capability to trade many products is a must. You can trade forex, commodities, indices, ETFs, and shares on the iFOREX mobile platform. The mobile app also has real-time news and analysis as well as an economic calendar to prepare you for future important releases.

Trade Interceptor

Trade Interceptor is a good choice for novice traders. The app allows traders to execute a suite of securities including currency pairs, commodities, and indices.  You can perform technical analysis, using 100-different indicators on charts that use real-time data. Trade Interceptor allows you to customize your layout, so you can find the feature you need easily. They provide daily economic news calendar and real-time market news.

Bloomberg Capital Markets App

One of the most respected names in capital markets publishing is Bloomberg. This product is great for novice traders, but it does not allow you to execute trades. If you are just trying to get your feet wet and want real-time information, Bloomberg is an excellent tool. The mobile app provides access to global market news, real-time price data, and portfolio management tools.  The app is customizable and allows you to track and analyze positions in several securities including forex, commodities, stocks, ETFs, and indices.

If you are interested in even more business-related articles and information from us here at Bit Rebels, then we have a lot to choose from.

IMAGE: PEXELS
Ryan Mitchell

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