Many traders in the US use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Forex Trading App in the US for 2025, based on our assessments.
eToro is an international broker for trading and investing in assets, copying trades of experienced market players and earning income on offering your own successful strategy. The activities of eToro are controlled by European financial regulators: CySEC and FCA. The broker offers its clients the opportunity to trade indices with a maximum leverage of 1:20 and ETF instruments with a leverage of 1:5. Size of leverage in eToro can also vary depending on the regulation of the division of the broker you work with.
OANDA is the optimal broker for experienced traders and professionals. However, it should be noted that the broker focuses primarily on English-speaking clients.
Interactive Brokers is a reliable brokerage company that is popular with traders from all over the world. Interactive Brokers offers its clients desktop, web and mobile trading platforms. Client Portal, the web-based trading platform features a convenient and understandable interface. In addition, the company has an IBKR API available for developing custom software. Interactive Brokers programs allows clients to trade products from 160 exchanges including stocks, option, currencies, bonds, funds and more from a single unified platform. The company accepts clients from over 200 countries and territories including the US. Interactive Brokers offers trading platforms and tools to meet the needs of active traders and institutional investors, as well as beginning investors.
IG Markets is a well-known international company focused on financial market services. It is one of the largest CFD and Forex providers. The broker is regulated by reputable supervisory authorities and provides a high level of security for client assets.
GAIN Capital is a company that provides access to financial markets through three large brokers providing services in different countries under different licenses.
1
Best Forex Apps in the US - eToro
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders in the US:
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders in the US:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
Best Forex Apps in the US - OANDA
The name OANDA is an acronym for “Olsen & Associates” or “Olsen AND Associates”. It is registered in the United States and provides its clients with a wide range of financial services in most countries of the world. The company was founded in 1996 and is currently regulated in four jurisdictions. The main regulator of the broker is the UK Financial Conduct Authority (FCA). Oanda Canada is licensed by IIROC. The company has several significant awards to its credit, including a victory in the category "Best Forex Trading Technologies" from the UK Forex Awards, "Best Trading Platform" from FX Week, as well as "Best Customer Service" from the US Foreign Exchange Report.
👍 Advantages of trading with OANDA for traders in the US:
•Minimum deposit from 1 dollar.
•A large selection of the most popular trading instruments.
•Several reliable and reputable financial regulators.
👎 Disadvantages of OANDA for traders in the US:
•Inconvenient and poorly functioning site.
•Lack of cent accounts.
•Lack of bonus programs.
3
Best Forex Apps in the US - Interactive Brokers
Interactive Brokers is among the best-known global online brokers. Based in the US, it has been operating since 1977. Interactive Brokers allows clients to trade products from 160 exchanges including stocks, option, currencies, bonds, funds and more from a single unified platform. The company is regulated by the US Securities and Exchange Commission (SEC), the US Financial Industry Regulatory Authority (FINRA), the UK Financial Regulatory Authority (FCA, 208159), and other international financial regulation commissions. Interactive Brokers has earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com,and many others. Also, the broker is popular in other countries. Here you can read reviews of Interactive Brokers in Canada, Singapore, Australia, Hong Kong, Ireland.
👍 Advantages of trading with Interactive Brokers for traders in the US:
•extensive and free educational resources through the IBKR Campus;
•access to160markets in 36 countries and territories;
•trading in stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
👎 Disadvantages of Interactive Brokers for traders in the US:
•Support service does not work on Saturday;
4
Best Forex Apps in the US - IG Markets
IG Markets has been providing brokerage services for retail traders since 2014. It was established in 1974 in London to work with professional traders. It is a part of the IG Group with representative offices in 17 countries. IG Markets stocks are traded on the London Stock Exchange as a part of the FTSE 250 index. The broker is regulated by FCA (Financial Conduct Authority | the UK), CySec (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission), BaFin (the Federal Financial Supervisory Authority | Germany), FINMA (Swiss Financial Market Supervisory Authority), and NFA (National Futures Association). The IG Group global representative office is supervised by BMA (the Bermuda Monetary Authority). The broker provides services of trading Forex and different CFDs through MetaTrader 4 and its in-house platforms for retail and professional traders.
👍 Advantages of trading with IG Markets for traders in the US:
•Regulated activities and participation in compensation funds;
•No minimum deposit requirements when opening an account with the international division;
•Leverage is available for trading currencies and CFDs;
•Wide range of trading assets and markets;
•Fee rebates for new and active existing clients with large trading volumes;
•Floating spreads from 0.6 pips for retail Forex traders;
•Bonuses for new clients and partnership programs for different client categories.
👎 Disadvantages of IG Markets for traders in the US:
•The broker can reject opening accounts to traders with low capital or insufficient knowledge of derivatives trading;
•Deposits and withdrawals can’t be made with e-wallets, electronic payment systems, or cryptocurrencies;
•Trading conditions differ for various countries, so you have to look for the broker’s website in your country.
5
Best Forex Apps in the US - GAIN Capital
GAIN Capital is a platform for investors. The company includes three subsidiary brokers, which are: City Index, Forex.com, and Daniels Trading.
GAIN Capital has been operating since 1999 and is registered in Poland. The company has eight offices in as many countries, including the USA and Australia. As of 2021, brokers controlled by GAIN Capital have more than 140,000 active accounts. The activities of these brokers are controlled by financial regulators CFTC and NFA (USA), IIRO (Canada), ASIC (Australia), and MAS (Singapore).
👍 Advantages of trading with GAIN Capital for traders in the US:
•Open access to Forex through three large brokerage companies.
•The company offers clients professional capital management; hence it is suitable for investment.
•GAIN Capital's work is controlled by reputable financial regulators in the UK. USA, Singapore, Australia, etc.
•Brokers offer 12,500+ trading instruments.
•Profitable fee policy.
👎 Disadvantages of GAIN Capital for traders in the US:
•Participation in the brokers' affiliate program requires applying with GAIN Capital and its individual consideration.
•24/5 support.
•You can get acquainted with the functionality of your personal account only after verification.
Best Forex Trading App in the US 2025: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
eToro - Education for Investors
Investment Education Online
eToro pays special attention to the education of traders. The broker’s website features information about what copy trading, leverage and margin are. There are also descriptions of how to buy and sell various types of financial instruments.
Upon completion of registration, any trader can create a free demo account with a virtual deposit of $100,000 and practice trading in an entirely risk-free environment.
OANDA - Education for Investors
Investment Education Online
Information
To help the trader, the OANDA website has a separate section, which contains various analytical tools, as well as online training courses and video courses. These materials can be useful for both novice and professional traders.
It is possible to trade on a demo account to test the trading systems.
Interactive Brokers - Education for Investors
Investment Education Online
Information
IBKR believes that well-informed traders have the best chance for success. That’s why it remains dedicated to ramping up traders' knowledge of markets and IBKR tools to aid them on their investment journey.
The redesigned IBKR Campus continues to include courses, webinars, podcasts, and market commentaries to help investors learn about trading, financial markets, and Interactive Brokers' trading tools. There is improved site design and navigation to easily find all trading education features, better performance and overall site speed, live tickers and stock charting, and an updated Traders’ Glossary search. As part of Traders’ Insight, clients can watch or read market commentary and analysis from nearly 100 industry pros.
There is an IBKR Quant Blog for quantitative professionals with an interest in programming, deep learning, API, AI, blockchain and other transformative technologies. There is a podcast series featuring discussions on topics that impact global markets and trading, including Spanish-language content; additionally, there is a “Cents of Security” channel aimed at enabling financial literacy amongst the younger generation. For Traders’ Academy, there are now 110 total English and 15 international courses (representing 9 international languages). That includes 43 new or updated courses and 15 courses have been added from CME.
We highly recommend you use the IBKR trial version to test your knowledge in practice without financial risk.
IG Markets - Education for Investors
Investment Education Online
IG Markets offers various forms of education. It holds seminars and webinars, posts podcasts, and provides access to free online trading courses. The broker’s website contains a special section with articles for novice traders.
IG Markets offers demo accounts that allow new clients to try their skills and strategies without financial risks. Demo accounts help traders master the platform, study markets, and practice trading in real market conditions but with virtual funds.
GAIN Capital - Education for Investors
Investment Education Online
The training at GAIN Capital focuses on the various trading instruments. The broker provides information on stocks, Forex market, indices, commodities, etc. In particular, the company provides information on fundamental analysis, technical analysis, risk management, trading strategies, as well as working with futures.
There are no cent (micro) accounts at GAIN Capital. Therefore, traders can practice only on demo accounts.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in the US choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Forex Trading App in the US 2025.
| eToro | OANDA | Interactive Brokers | IG Markets | GAIN Capital | |
|---|---|---|---|---|---|
|
Overall score |
9.4 |
6.85 |
7.44 |
6.48 |
5.07 |
|
Execution of orders |
9.1 |
6.24 |
6.45 |
5.42 |
2.99 |
|
Investment instruments |
9.7 |
10 |
10 |
10 |
2.5 |
|
Withdrawal speed |
9.5 |
8 |
9 |
8 |
3 |
|
Customer Support work |
9.3 |
5.41 |
6.54 |
4.61 |
5.53 |
|
Variety of instruments |
9 |
6.45 |
7.02 |
6.31 |
8.75 |
|
Trading platform |
9.8 |
4.97 |
5.62 |
4.56 |
7.62 |
|
|
|||||
|
|
|
|
|
- Best Forex Trading App In Tanzania for 2025
- Best Swing Trading App In Portugal for 2025
- Best Mobile Trading App In Poland for 2025
- Best Binary Trading App In Ghana for 2025
- Best Binary Trading App In Czech Republic for 2025
- Best Options Trading App In The World for 2025
- Best Paper Trading App In Asia for 2025
- Best Copy Trading App In Iran for 2025
- Best Mobile Trading App In Iran for 2025
- Best Options Trading App In Egypt for 2025
- Best Copy Trading App In Switzerland for 2025
- Best Swing Trading App In Singapore for 2025
- Best Futures Trading App In Kenya for 2025
- Best Online Trading App In Africa for 2025
- Best Futures Trading App In the Netherlands for 2025
- Best Options Trading App In the Netherlands for 2025
- Best Forex Trading App In Iran for 2025
- Best Copy Trading App In Greece for 2025
- Best Paper Trading App In Kenya for 2025
- Best Mobile Trading App In Brazil for 2025
- Best Bitcoin Trading App In Thailand for 2025
- Best Binary Trading App In the Philippines for 2025
- Top 8 Best Trading Apps In Australia (2025)
- Best Bitcoin Trading App In Brazil for 2025
- Best Paper Trading App In Hong Kong for 2025
- Best Swing Trading App In Japan for 2025
- Best Bitcoin Trading App In the UAE for 2025
- Best Swing Trading App In Malaysia for 2025
- Best Copy Trading App In Bulgaria for 2025
- Best Online Trading App In Bangladesh for 2025
FAQ
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Can a platform function less effectively in the app than in the web version?
The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Related Articles
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.