6 Forex Trading Applications that are Suitable for Beginners

Forex trading applications are software that must be owned and chosen by forex traders correctly. This is because the trading platform applications provide access to real-time data and analytical tools that every trader needs.

These platforms for buying and selling foreign currencies can take many forms from websites to mobile apps to desktop apps. You can use it as an aid in forex trading. 

Here are some of the best forex trading applications that are suitable for beginners.

MetaTrader 4

The first application that you can use for forex trading is MetaTrader 4. Software company MetaQuotes created this application so that it becomes very popular among traders

How could I not, apart from trading, this forex application also allows easy connection with hundreds of forex brokers? Opening the official website, MetaTrader 4 facilitates technical analysis with a flexible trading system. Apart from that, this app even helps you to get prices in real time. 

Agrodana Future News

Apart from MetaTrader 4, you can also use an application called Agrodana Future News for forex trading. This application is also sponsored by PT Agrodana Futures. You can follow daily business information via Agrodana Future News.

On the other hand, this forex application also offers a simple user interface which makes it easy for traders to use it. More than 5.000 people currently download Agrodana Future News from the Play Store. Are you interested in using it? Download the application now, OK! 

HSB Traders

This application is also good for beginners in playing forex trading. HSB Trader makes it easy for users to check market movements from time to time.

The most important thing reported on the official website is that HSB has full legality from the Futures Trading Regulatory Agency (Bappebti) of the Ministry of Trade of the Republic of Indonesia. So you don't need to worry when using this application. 

TradingView

TradingView is one of the most used trading analysis software in the world. On Google Play alone, this application has been used by more than 10 million users worldwide. Not to mention the number of business video users via the web or iOS.

Currently, the program offers three types of accounts: Professional accounts, Pro+ accounts, and Premium accounts. Subscription prices for these accounts range from $15 to $60 per month, making it an entry-level business app. 

But you don't need to worry, you can use TradingView charts for free on the site. If you use the free version, you can only use limited technical indicators and there are ads. 

Trade Optimizer

If you are interested in using a paid application, you can try the Trade Optimizer application. When you pay, you'll get some great features, such as a 14-hour calculator to help you analyze risk post-trade later. 

NetDania Stock & Forex Trader

This application is considered suitable for beginners. This is because NetDania helps you track currency movements in real time. In fact, as reported by Investopedia, this application is very popular among forex traders. This app does more than just offer real forex news for traders to follow. 

So, those are some forex applications to start trading. It is better to invest at the right time so that financial assets are well maintained. Hope it is useful!