5 Best Trading Apps for Women in Australia

5 Best Trading Apps for Women in Australia

Overview
When most people think about forex trading, they may consider it as an activity that is exclusively reserved for men and large corporations.

However, in recent times, with the advent and development of trading technology, more women have started emerging in forex trading, with many movements out there that encourage more women to start trading forex.

Women have proven to be very successful in forex trading and many successful female forex traders originate from Australia.

Female traders who want to take their forex trading to the next level can continue reading to find out what the best mobile apps for trading in a wide range of financial markets are.

NetDania
NetDania's investment app is free to download on both iOS and Android devices and it receives a well-deserved 4.5/5 on Google Play and 4.7/5 on the App Store.

With this app, women forex traders have access to more than 2,000 financial instruments, more than 10,000 real-time stocks, in addition to the following features:

• A large range of currency pairs
• Real-time news feed
• An economic calendar, and more

PROS       
Range of tradable instruments        
Intuitive and interactive charting
Ability to use auto trading
Supports the use of a variety of trading strategies

CONS
Cannot be used as a standalone app, must be connected to a broker

You might like: Best forex brokers in Australian (reviewed and rated)

FxPro
FxPro mobile trading app is free to download on both iOS and Android devices and it receives an impressive 4.6/5 on Google Play and 5/5 on the App Store.

The FxPro trading app allows traders to manage multiple retail investor accounts while they have access to easy access to opening new accounts.

PROS  
Wide range of asset classes
Advanced security features 
Available on both iOS and Android

CONS
Multi-step confirmation which is time-consuming 
Bonus and promotions not offered

FXTM Trader
The FXTM proprietary trading platform is free to download on both iOS and Android devices. It receives a 3.7/5 on Google Play and 5/5 on the App Store.

One of the key features that the FXTM Trader has is that it supports automated trading and the platform is also designed to cater for both beginner and professional traders.
Traders are given access to a wide range of trading tools and educational materials to help them reach their financial goals. Along with low minimum balance requirements, real-time market data, extensive information on market movements, and a comprehensive news feed, FXTM Trader is one of the best mobile platform apps for beginners, experienced, and professional traders.

PROS 
User-friendly
Fast trade execution
Biometric security options

CONS
Inactivity fee 
Withdrawal fee   
High CFD trading fees

eToro Mobile App
eToro is the leading social trading platform in the industry and its mobile app is nothing short of being the best in the industry. The eToro app offers a wide range of tradable financial instruments across several asset classes including forex, commodities, stocks, cryptocurrency, and more.

This mobile app is also one of the best investment apps for retail investors as well as professional and institutional investors alike. The eToro mobile app receives a 4.1/5 on the App Store and 4/5 on Google Play.

In addition to a range of advanced trading tools, access to several mobile trading strategies, and competitive trading conditions, traders can also expect perfect account integration, a rich and user-friendly interface, and advanced charting capabilities. Learn more about intraday trading.

PROS 
Well-regulated
User-friendly
Innovative trading tools

CONS
Limited educational materials  Wide spreads 

AvaTradeGo
AvaTradeGo is another innovative trading app that offers traders access to a wide range of advanced tools, a range of assets that can be traded, and the advantage of commission-free trading. The overall score that AvaTradeGo has on Google Play is 3.5/5 while it receives a 3.4/5 on the App Store.

PROS 
Quick and easy setup
Competitive fees
Live chat function in-app

CONS
Split-screen mode not supported 
Technical analysis not functional 
in-app Admin fee charged

 

 

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@austindistel