Staying connected and well-informed in an era of fast technological advancements is important for individuals who want to navigate forex trading. For enthusiasts in Nigeria, the availability of trading applications has revolutionized the way they engage with the market. These tools have not only simplified the trading currency process but have provided real-time data and news updates.
Let’s explore some of the top trading apps so that it will be easier for you to choose the best forex trading app in Nigeria and start your career in forex.
What's in this guide?
1. HFM
HFM (previously Hot Forex), is a full-service brokerage company that provides a wide range of services. They give you access to over 1200 trading markets and offer 18 different trading tools, along with 4 types of trading accounts.
The trading app uses MT4 and MT5 to protect users’ investments. It provides market updates and financial analysis, allowing users to check live rates for forex and stocks from everywhere.
Beginners can download the app from Google Play or App Store, and then open a demo or live account to begin. While the HFM App currently offers only the Premium account, it efficiently manages all your trading accounts.
According to our research, the HFM trading app is the best choice in 2023.
Rating: 5
2. AvaTrade
The second one on our list is the AvaTrade app – a popular trading application that grants entry to diverse stocks, commodities, indices, forex, and other markets. Within a lot of forex trading apps in the market, AvaTradeGo stands out as a good choice, especially for beginners. You can observe real-time market trends, a feature that enhances your trading experience through it. Access important financial information, keep track of social trends, and gain insights into the actions of fellow traders to make smart decisions.
Rating: 4.9
3. eToro
The eToro trading app is a valuable tool for trading various assets, including forex. It provides access to eToro’s platform features such as real-time quotes, analysis tools, and charts. The app is great for cost-effective trading in stocks, CFDs, forex, and cryptocurrencies. It offers commission-free trading for stocks and ETFs, an easy account setup, and an extensive range of cryptocurrencies. You can also manage your account, receive notifications, and execute trades using it on your mobile.
Rating: 4.9
4. Capital.com
Capital.com offers a user-friendly forex trading app, perfect for beginners. Their mobile CFD trading app provides access to more than 3,700 global markets, making it easy to trade major company shares, popular indices, and currency pairs. You can start with a low $20 deposit or use the demo account for practice on your device. The app is regulated by bodies like FCA and CySEC, ensuring a secure trading environment.
Rating: 4.8
Conclusion
For beginners that enter the Forex market, everything can seem complicated sometimes. With a reliable trading app in your hands, anyone can assist with the trading basics as well as have essential tools to start a trading career with confidence.
Don’t forget to compare apps and do your own research to choose the one that will help you most.
