For this list, we have searched and tested several forex brokers with platform for Android.
We opened live accounts and deposited between $4,000 and $8,000 with each broker respectively. We placed real trades in each market to get the full picture of the spreads offered. We also reached out to customer support to resolve the problems we encountered while trading. Finally, we withdrew our funds to see if there are any issues with the deposit/withdrawal processes.
We selected the best forex brokers with a trading platform for Android based on our trading data and experience as a trader.
What is Trading Platform on Android?
The Android operating system is a mobile operating system developed by Google Inc.; the operating system is based on a modified version of Linux kernel. Android is primarily designed for smartphones and tablets.
- Android trading platforms are typically applications installed on mobiles or tablets.
- The majority of forex brokers and trading software providers have developed compatible trading apps for both Android and iOS devices. Read more on Best Trading Apps by the link brokertested.com/forex-trading-app
- However, limited screen size and device processing power are major drawbacks; so smartphones are primarily used as additional monitoring devices to the main desktop or web-based trading software.
The choice of the operating system should depend on traders’ preferences. The device doesn’t impact the trading performance.
Here is a comparison of Android and iOS:
| Android | iOS | |
| Customisation | ✔️ | ❌ |
| Affordable | ✔️ | ❌ |
| User Friendly UI | ❌ | ✔️ |
| High-level Security | ❌ | ✔️ |
Best Forex Trading Platforms Android
Most forex brokers offer Android and iOS applications of their trading platforms
To compile this list, we have reviewed and tested several forex brokers with platform for Android. We opened real accounts and deposited money with each broker. Then we placed real trades to see the full picture of offerings.
- IC Markets – Best trading platform Android Overall
- Pepperstone – Best Forex Trading Platform for Android Tablets
- FxPro – Best Forex Trading Platform for Android Phones
- ThinkMarkets – Best Beginners Trading Platform for Android
Best Trading Platform Android Overall
We picked IC Markets as the best forex brokers with the platform for Android overall.
Founded in 2007, IC Markets is Australia-based forex and CFD broker offering hundreds of tradable instruments in forex pairs, indices, stocks, commodities and cryptocurrencies. The broker is licensed by top tier regulatory bodies including CySEC and ASIC.
IC Markets offers all its platforms – MetaTrader 4/5 and cTrader – as applications on Android-based devices. IC Markets android apps give full access to tight spreads from 0.0 pips with fast execution speeds and a user-friendly interface. These apps give all the tools for effective technical analysis with over 30 indicators for market research.
Best Forex Trading Platform for Android Tablets
We picked Pepperstone as the best forex trading platform for Android tablets.
Since its establishment in 2010, Pepperstone has built a top-tier online brokerage with a highly competitive and full-featured trading portal that offers to trade in forex, indices, stocks, commodities, and cryptocurrencies.
Pepperstone’s MetaTrader 4/5, cTrader, and TradingView platforms are available on Android-based tablets with an inbuilt Autochartist tool and access to more than 30 indicators and EAs.
A minimum deposit of 200 units of currency base tailored with a 500:1 leverage level enables users to get into the game.
Best forex trading platform for android phones
We chose FxPro as the best forex broker with a platform for Android phones.
Operating since 2006, Fxpro is a global CFD and spread betting brokerage company. FxPro is one of the leading Forex Brokerage in terms of clientele and size, serving retail as well as institutional clients from around 170 countries through 1,866,000 trading accounts.
FxPro offers MT4/4, cTrader, and FxPro proprietary platform available on Android. With FxPro, traders can get streaming mobile news with major headlines that will impact markets. This allows them to follow market developments on the go in real-time.
FxPro provides traders with a good mobile charting experience. They offer multiple time frames and easy access to trading indicators like moving averages.
Best Beginners Trading Platform for Android
We chose ThinkMarkets as the best beginner’s forex trading platform for Android.
This broker was first established in 2010 as ThinkForex and then rebranded into ThinkMarkets. It is a leading CFD provider with top tier regulations across the globe offering tight spreads and high leverage of 200:1.
The broker offers MT4/5 and ThinkTrader Android-based apps with over 80 indicators, 50 drawing tools and chart types. ThinkTrader offers trading with spreads as low as 0.4 pip and allows clients to stay up-to-date with real-time market news. Moreover, ThinkMarkets provides high-quality educational materials for novice traders to hone their trading skills.
Top Android Trading Platform List
Apart from the above-mentioned list of brokers, here is a list of Android trading platforms:
| Forex Broker | Android Platform | Test Details | Broker Review |
| FxPro | MetaTrader4, MetaTrader5, cTrader or FxPro apps | Deposit Amount: Over €5,000 Total Trade: 15 trades | FxPro Review |
| ThinkMarkets | MetaTrader 4, MetaTrader 5, ThinkTrader | Deposit Amount: Over €5,000 Total Trade: 15 trades | ThinkMarkets Review |
| Pepperstone | MetaTrader 4, MetaTrader 5, cTrader | Deposit Amount: Over €6,000 Total Trade: 12 trades | Pepperstone Review |
| IC Markets | MetaTrader 4, MetaTrader 5, cTrader | Deposit Amount: Over €5,000 Total Trade: 12 trades | IC Markets Review |
| BlackBull Markets | MetaTrader 4, MetaTrader 5 | Deposit Amount: Over €4,000 Total Trade: 12 trades | BlackBull Markets Review |
| XTB | xStation Mobile | Deposit Amount: Over €5,000 Total Trade: 12 trades | XTB Review |
| Vantage FX | MetaTrader 4, MetaTrader 5, Vantaged App | Deposit Amount: Over €5,000 Total Trade: 15 trades | Vantage FX Review |
| XM | MetaTrader 4, MetaTrader 5 | Deposit Amount: Over €5,000 Total Trade: 12 trades | XM Review |
| Saxo Bank | SaxoTraderGo, SaxoTraderPro | – | Saxo Bank Website |
| IG Markets | IG Forex | – | IG Markets Website |
| Forex.com | forex.com | – | Forex.com |
| CMC Markets | MetaTrader 4, CMC mobile app | Deposit Amount: Over €5,000 Total Trade: 12 trades | CMC Markets Review |
| FXTM | MetaTrader 4, MetaTrader 5, FXTM Trader | Deposit Amount: Over €6,000 Total Trade: 12 trades | FXTM Review |
| Fortrade | MetaTrader 4, MetaTrader 5, Fortrader | Deposit Amount: Over €5,000 Total Trade: 12 trades | Fortrade Review |
FAQ and More on Android Trading
Many traders have a lot of questions related to trading. We tried to give comprehensive answers to some of the most important queries related to the trading platform for Android.
Free Android Trading Platforms
Most of the Android trading platforms are free of charge; however, for third-party app providers, brokers might require subscription payment.
Android Crypto Trading Platform
There are two ways of trading cryptocurrencies: either on an exchange basis with an electronic crypto wallet or on a CFD basis as most forex and CFD brokers offer.
Here are some of the brokers offering crypto CFD trading on Android:
- Saxo Bank
- AvaTrade
- Pepperstone