Best Forex Trading Apps: Trading, Lessons and Practice
Start with the app that lets you practise both ways: hold a real share for the long term and trade a currency with leverage. Then learn the quote, then pick a broker. Ten apps, in that order.
We make the apps marked "Made by our team". Some links earn us a commission. This never decides a product's place in a list. How we choose and make money.
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The full list
1. eToro
Consider for: Exploring copy trading where currency CFDs are available
eToro's virtual portfolio is the one demo on this list where you can practise both ways: hold a real share or ETF for the long term, or trade a currency CFD with leverage, with CopyTrader alongside. Forex is a CFD in eligible countries such as the UK and Australia; the US service has no forex CFDs, and Canadian residents cannot open accounts.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with eToro (shown on etoro.com, checked 21 October 2026). The figure differs by country and changes every quarter. Copied trades can lose money too.
More about eToro
Available in
UK and Australia; EU access subject to local restrictions; US investing service without forex CFDs; unavailable in Canada
Costs
For forex CFDs, check the itemised opening/closing charge, market spread and overnight financing. No separate copying fee. USD investment-account withdrawals cost $5; conversion and local account terms vary.
Platforms
eToro app (iOS, Android), web
Regulated by
UK: FCA. EU: CySEC. Australia: ASIC. US: SEC and FINRA for stocks.
Last checked
2026-10-24
2. GoForex
Made by our team
Learning and practice: Understanding currency pairs before choosing a broker
GoForex pairs short forex lessons with virtual trading. Use it to connect a quote, a position size and a price move before you learn a broker’s order screen.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. FOREX.com's main website shows no loss figure, so check the risk warning on its site for your country before you open an account.
More about FOREX.com
Available in
US, Canada, UK, EU (through Cyprus), Australia, Japan, Singapore and other countries
Costs
US standard plan: spreads from 1.2 pips on major pairs, no commission. RAW plan: spreads from 0.0 pips plus $7 per $100,000 traded. Overnight financing applies.
Consider for: Real forex trading in the US, Canada, UK, EU or Australia
A forex broker with its own mobile app and web platform, and an account you can also trade through TradingView or MT4. It sits lower here because it trades currencies and CFDs only: there are no shares or ETFs you can own outright, so you cannot practise holding anything for the long term.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. OANDA's main website shows no loss figure, so check the risk warning on its site for your country before you open an account.
More about OANDA
Available in
US, Canada (not Alberta), UK, EU, Australia, Singapore and other countries
Costs
Spread-only plan with no commission, or a core plan with lower spreads plus a commission. Overnight financing on trades held past the daily cut-off.
Learning and practice: Practising stock and currency decisions before opening an account
Trading Game, made by our team, combines a virtual market simulator, lessons and AI chart feedback. It suits readers comparing shares with currencies who want to practise without funding a brokerage account.
Free to download. Full news access needs a paid subscription.
Platforms
iOS, Android, web
Regulated by
Not a broker: a news service
Last checked
2026-10
Earlier Bloomberg app screens. Headlines are historical.
8. Revolut
Consider for: Exchanging spending money, rather than choosing a forex dealer
Revolut exchanges currencies for everyday money use. Some regional services also offer investing and CFDs, but a CFD feature does not establish access to forex pairs.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Revolut's main website shows no loss figure, so check the risk warning on its site for your country before you open an account.
More about Revolut
Available in
Check the regional Revolut service and product eligibility
Costs
Depends on your plan and country. Check its fee page for exchange and trading fees.
Platforms
iOS, Android, web
Regulated by
UK: FCA. EU: Bank of Lithuania.
Last checked
2026-10-21
9. Webull
Consider for: Stocks and options, with no forex
Webull supplies charts, share trading and paper practice. Its local US, Canadian, UK and Australian services have different product menus. It is included as a common alternative readers ask about, rather than a forex recommendation.
No commission on US stock, ETF and options trades. Other fees can apply, such as the optional Gold plan.
Platforms
iOS, Android, web
Regulated by
US: SEC and FINRA (stocks)
Last checked
2026-10
eToro first: its demo covers real shares and ETFs you can hold, and currency CFDs where eligible. GoForex second, for the lessons.
Which forex app is best for you?
eToro comes first because its demo is the only one here with both kinds of asset: real shares and ETFs you can hold for years, and currency with , in the countries where it offers them. GoForex is second because a quote has to make sense before any of this does. TradingView supplies charts and . FOREX.com and OANDA are the direct forex brokers, and they sit lower for one reason: they trade currencies and CFDs only, so there is nothing in them to own outright. Trading Game is our broader practice app, across shares, currencies, commodities and crypto.
Bloomberg is for news. Revolut, Webull and Robinhood remain here because readers often ask about them, but they are not substitutes for a retail forex dealer. Their role is explained below.
Older app screenshots. The balances and prices are past examples, not today's markets.
The matcher separates virtual practice from real investing. For live trading, confirm the legal company and instrument available to you, as well as the app name.
Try it yourself
Find the apps that work for you
Pick where you live and what you want to do, such as trade forex or practise only. See which apps match and check the licence link.
US forex shortlist: OANDA and FOREX.com. UK and Australia: also consider eToro currency CFDs, subject to eligibility. Canada: OANDA excludes new Alberta clients; FOREX.com has a separate Canadian business. Practice options: GoForex, Trading Game and TradingView paper trading; check local access.
What would you expect?
What this shows: Only a licensed broker app can place a real forex trade, and which ones you can use depends on your country.
Learning software and broker accounts have different eligibility checks. The matcher uses the country groups shown; it does not confirm local store availability or approve a live account.
Which apps can place real forex trades?
OANDA and FOREX.com provide retail forex accounts through regional companies. The platform and price plan available in the US may differ from the Canadian, UK or Australian service.
eToro’s currency trading uses CFDs. It is relevant in eligible markets including the UK and Australia, while its US investing account has no forex CFDs. It does not serve Canada. The virtual portfolio can help you study copying, but it does not charge the same fees as a real account.
Leverage magnifies losses as well as gains. Compare the same position size, , commission and overnight holding period before funding an account. Other choices, including tastyfx, IG and Plus500, appear in our forex broker comparison.
Which app should you use for practice?
A lesson app and a broker demo solve different problems. GoForex gives you an ordered introduction to currency quotes and trading concepts. Trading Game is useful when you want to compare decisions across shares, currencies and other markets. We own both apps.
TradingView lets you work directly on a chart using paper trading. A broker’s demo is the closer match when your task is finding that broker’s order history, cancelling an order or locating financing costs.
Pick one question for a practice session: can you explain the result after costs, or find and change the stop? Virtual results cannot establish how real orders will fill. Our paper trading guide explains how to make the practice useful.
Do I need a news app like Bloomberg?
News can move currencies fast. A surprise interest rate decision can push a pair up or down in minutes. A news app helps you understand why a price moved.
The Bloomberg app has business news, market data, alerts and watchlists. It is free to download, but many articles need a paid subscription. It can't place trades.
Pick alerts with a purpose. If you study USD/CAD, follow the US and Canadian central banks, not every stock headline. Too many alerts can push you to trade too often.
When a story is about one number, such as a jobs report, look at the real number and what experts expected. The gap between the two often moves the price more than the number itself.
Can I trade forex on Revolut, Webull or Robinhood?
Currency exchange, stock investing and leveraged currency trading are different services.
Revolut: exchanging travel money is not a leveraged forex position. Its German CFD help page currently lists stocks, indices and commodities, not currency pairs. Do not assume that a CFD feature means forex is available.
Webull: its US, Canadian, UK and Australian services focus on investing and trading products such as shares. It is not the retail forex choice in this comparison.
Robinhood: its US investing service offers shares and other assets, not retail spot forex.
If you mainly want to own companies, use our stock app comparison. Check the local product page rather than importing a feature from another country’s app.
How do I choose a forex app safely?
Use this short checklist before you put real money into any app.
Check the licence on your own regulator's website, not just the app store.
Download the app from a link on the broker's official website. Fake apps copy real names and logos.
Find all the costs: spread, commission, overnight fees and withdrawal fees.
Open the demo and practise a full trade, including a stop-loss and closing the trade.
Check that the order screen shows the size, the price and the account clearly on your phone.
Turn on two-factor login (2FA) to protect your account.
Then compare the apps on the same task. For example, try the same practice trade in two apps and see which one explains the costs more clearly.
Use a demo to follow an order from the checks before submission to its final status. If the connection fails, check the order record before sending it again.
How we chose
We compared forex trading apps, practice apps, charting and news apps using public information and each provider's official pages: what it offers, where you can open an account, what it costs, what account and security information it publishes, and what users report. Only then do we check whether an affiliate programme exists. We do not accept payment for placement. Each card shows when we last checked its details; we rechecked the changes on this page on 21 October 2026 and reordered the list on 24 October 2026.
The order is practical. The app where a beginner can practise both holding a real asset and trading a currency CFD comes first, then the lesson app, then charts, then brokers that trade forex and CFDs only, then our broader practice app, then charting and news apps, then apps that do not offer retail forex. Within each group the order is not a ranking. We did not open accounts or test order execution, withdrawals, uptime, support or security. We make the apps marked “Made by our team”. Our About page explains how we choose recommendations.
Questions beginners ask
What is the best forex app for beginners?
For understanding currency quotes, consider GoForex, our lesson and virtual practice app. Trading Game, also ours, adds cross-market practice. A broker demo is more useful for learning that broker’s actual controls. eToro currency CFDs are a non-US option where eligible, not a US forex service.
Can I trade forex on my phone?
Yes, through an eligible broker account. OANDA and FOREX.com provide mobile forex platforms through regional companies. eToro provides currency CFDs only in eligible countries, not the US or Canada. Check position size, costs and account mode before confirming an order.
Can I trade forex on Robinhood or Webull?
Their US investing services are not retail spot forex dealers. Revolut’s currency exchange is a separate service; its German CFD help page currently lists stocks, indices and commodities. Check the instrument list for your country instead of assuming every CFD app offers forex.
Are forex apps free?
A free download does not mean every feature is free. Brokers charge trading and account costs; news and chart apps may sell subscriptions. GoForex has optional purchases, and Trading Game offers a Pro upgrade. Check the local purchase screen and renewal terms.
Is a demo account the same as real trading?
No. A demo uses pretend money, so there is no fear of loss, and fills can look better than in real markets. Use it to learn the app and the costs, not to prove you will make money.
