Every broker in our rankings has a competent mobile app. The real question is what a phone should be used for.
Phones are good at
- Monitoring open positions and margin
- Adjusting stops and takes
- Closing positions in a hurry
- Price alerts
Phones are bad at
- Multi-timeframe analysis
- Precise order entry under pressure
- Anything involving an EA (they run on servers or desktops, not phones)
App highlights
OANDA and CMC ship the strongest charting on mobile; the MT4/MT5 mobile apps are uniform across brokers and fine for position management; IBKR Mobile is the most capable multi-asset app but the busiest.
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One rule
Decide on the desktop, manage on the phone. Traders who open positions from bed consistently regret it.