Many traders in Iran 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 Futures Trading App in Iran for 2024, based on our assessments.
InstaForex is the best option for traders with any level of experience. For active professional traders, there is a large pool of non-standard technological solutions for more accurate analysis. For novice traders, there are comfortable starting conditions, such as a $1 minimum deposit under the regulation of FSC and a $200 minimum deposit with the broker regulated by CySEC. There are PAMM accounts and social trading for investors.
The broker is focused on cooperation with active traders, regardless of their trading experience.
Conditions of Trader’s Way are mostly suitable for professional traders and passive investors, who use social trading platforms to earn profits.
Interactive Brokers offers more profitable conditions to professionals and is not focused on novice traders.
GO Markets terms are more for experienced traders who prefer to trade CFDs with a little leverage.
Best Futures Trading App in Iran for 2024
| InstaForex | IronFX | Traders Way | Interactive Brokers | GO Markets | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MultiTerminal, Mobile Trading, MT5, WebTrader |
WebTrader, MetaTrader4 |
cTrader, MetaTrader4, Web App, MetaTrader5 |
Trader Workstation, IBKR Mobile, APIs |
Mobile Trading, MT5, MT4, WebTrader |
|
Min deposit |
$1 |
$100 |
No |
No |
$200 |
|
Leverage |
From 1:1 |
From 1:30 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
Yes |
No |
No |
No |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
|
Spread |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
|
Level of margin call / stop out |
30% / 10% |
40% / 20% |
80% / 20% |
No |
80% / 50% |
|
Execution of orders |
Instant Execution |
STP, Market Maker, ECN |
NDD, STP |
Market Execution |
Instant Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
|
Cent accounts |
Yes |
No |
No |
No |
No |
1
Best Futures Apps in Iran - InstaForex
InstaForex is a leading broker with over 7,000,000 clients. The company provides access to 2,500+ trading instruments, including Forex pairs, stocks, indices, commodities, and cryptocurrencies. Clients can benefit from competitive spreads starting from 0 pips, leverage up to 1:1000, and access to non-standard technological solutions like synthetic securities. The average execution speed is 0.1 sec.
The broker offers a wide range of cryptocurrency CFDs, with over 70 instruments available and zero spreads on major cryptocurrencies. Additionally, it supports passive investment options including PAMM accounts, copy trading services, and unique offering - OYS portfolios.
The company provides responsive client support and insurance coverage up to €20,000 under European regulation.
👍 Advantages of trading with InstaForex for traders in Iran:
•2,500+ trading instruments, including non-standard assets, such as InstaFutures and synthetic securities.
•Passive investment products, including PAMM accounts and a copy trading service.
•Non-standard technological solutions such as InstaSpot (P2P spot trading), OYS account, Stock Basket, etc.
•European regulation and IFC compensation fund with guaranteed insurance coverage up to €20,000.
•Comfortable trading conditions, such as a $1 minimum deposit and leverage up to 1:1000, for clients of the FSC-regulated broker.
👎 Disadvantages of InstaForex for traders in Iran:
•Tough conditions for retail European traders due to regulations.
•The time gap between a trade executed by a trader and the one copied to the investor’s account in the social trading service can be up to 15 seconds.
2
Best Futures Apps in Iran - IronFX
IronFX was launched in January 2010 by a team of specialists in finance and software development. Today, IronFX has grown to be among the industry leaders that provide online trading services globally. Customers can use the MT4 advanced trading platforms and trade more than 300 tools from 6 various asset classes. IronFX serves individual as well as corporate clients from over 180 countries. IronFX is highly valued for providing cutting-edge technological innovation on trading platforms and trading tools.
👍 Advantages of trading with IronFX for traders in Iran:
•round-the-clock communication with a multilingual support TEAM on weekdays;
•wide range of trading assets;
👎 Disadvantages of IronFX for traders in Iran:
•the verification procedure can be repeated;
3
Best Futures Apps in Iran - Traders Way
Trader’s Way was established by a group of financial experts and analysts to provide trading opportunities to traders across the globe. Throughout its operation, the broker has been continuously improving the services and technologies it provides, adding new platforms, useful applications, and available social trading platforms. Trader’s Way aspires to meet the trading demands of both active Forex traders and passive investors with various amounts of free equity.
👍 Advantages of trading with Traders Way for traders in Iran:
•Optimal trading conditions for experienced and professional traders: tight spreads and low trading commissions per lot on ECN accounts.
•No trading limitations: hedging, scalping, and use of algorithmic advisors are allowed.
•Availability of several social trading platforms for copying trades of successful traders.
👎 Disadvantages of Traders Way for traders in Iran:
•No cent (micro) accounts.
•Investment in PAMM, MAM, and RAMM accounts is not available.
•Complicated verification process: a new user must provide a certified translation of documents into English.
•The broker does not provide its own analytics to its customers.
•There are no Russian-speaking operators on the online chat.
4
Best Futures Apps in Iran - Interactive Brokers
Interactive Brokers is among the best-known US investment companies, operating since 1977. The broker offers to trade currency pairs, but its basic instruments are stocks, CFD, indices, metals, ETF, futures, and other exchange market assets. You can also trade cryptocurrencies on Interactive Brokers. 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), and other international financial regulation commissions. In 2020, the broker was awarded the "Best Online Broker” (Barron's) and "Best Broker for Economical Investments" (NerdWallet) titles and got five stars in the Online Stock Trading for Traders category (Canstar). 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 Iran:
•wide range of training materials;
•access to 135 markets in 33 countries;
•a huge subset of trading instruments.
👎 Disadvantages of Interactive Brokers for traders in Iran:
•website interface is only partially translated into other languages;
•you have to pay for an inactive account;
•Support service does not work on Saturday and Sunday;
•long and complex registration procedure;
•no cent accounts for novice traders.
5
Best Futures Apps in Iran - GO Markets
GO Markets is an international investment company with several representative offices regulated by СySec 322/17 (Cyprus) and FSC GB19024896 (Mauritius). It specializes in CFD transactions on currency pairs, indices, commodities, and metals. It offers Standard and ECN accounts, MetaTrader 4 and MetaTrader 5 terminals, access to professional analytics, and free training webinars. The GO Markets parent company was founded in 2006 and is regulated by ASIC.
👍 Advantages of trading with GO Markets for traders in Iran:
•The parent company has been in operation for decades and its activities are under the control of several regulators.
•The ability to trade with both classic and ECN accounts.
•Low deposit size on professional accounts.
•Free access to Trading Central analytics and MetaTrader Genesis tools.
•Low trading fees on all account types.
•There are no limitations on trading strategies.
•Free deposit and withdrawal of funds.
👎 Disadvantages of GO Markets for traders in Iran:
•Small maximum leverage of 1:30 on currency pairs.
•There are no cent accounts.
•Low-quality support in online chat.
Best Futures Trading App in Iran 2024: 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.
InstaForex - Education for Investors
Investment Education Online
Information
Educational materials can be found on the broker’s website in two sections. The “Novice Traders” section is designed for traders, who are just starting to grasp an understanding of the financial markets. The “Analytics” section provides additional materials for more experienced traders.
The broker's website contains analytical tools that for all traders from beginner to professional level.
The trader can access all information on the site from both the demo and trading accounts.
IronFX - Education for Investors
Investment Education Online
A section on the official website of the IronFX is devoted to Forex trading education. It offers a wealth of useful content for novice traders, including articles, tutorials, and educational podcasts. Additionally, to assist clients in adapting their trading strategies to market changes, the company publishes market trends and financial news.
To reinforce theory with practice, traders can use the demo account provided by the broker on MT4. The risks of losing funds are eliminated since the trader uses virtual money. The available amount of virtual deposit is $100,000.
Traders Way - Education for Investors
Investment Education Online
There are no education or analytics sections on the broker’s website. A novice trader can find useful information about starting to trade on Forex in the New To The Market, Resources, and Questions and Answers sections. That, however, is not enough for detailed studying of trading basics.
Users can test their Forex trading skills on the broker’s demo account.
Interactive Brokers - Education for Investors
Investment Education Online
Interactive Brokers provides clients with useful information to help novice traders to get Forex training and to help novices and professionals to improve their skills.
We highly recommend you use the IBKR trial version to test your knowledge in practice without financial risk.
GO Markets - Education for Investors
Investment Education Online
The Education section on the website is for traders who need training in Forex trading. It describes the main points of working with currency pairs and offers video tutorials on MT4.
Also, there are forms for signing up for free webinars by specialists from the GO Markets Training Center in the Education block. A demo account is available to solidify theory in practice.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Iran 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 Futures Trading App in Iran 2024.
| InstaForex | IronFX | Traders Way | Interactive Brokers | GO Markets | |
|---|---|---|---|---|---|
|
Overall score |
7.83 |
6.98 |
4.59 |
8.27 |
7.18 |
|
Execution of orders |
8.85 |
6.85 |
5.5 |
6.45 |
5.35 |
|
Investment instruments |
7.1 |
8.87 |
1.71 |
8.96 |
7.31 |
|
Withdrawal speed |
6.9 |
7.23 |
6.29 |
9.43 |
8.57 |
|
Customer Support work |
7 |
7.03 |
4.33 |
7.06 |
7.24 |
|
Variety of instruments |
8.02 |
8.02 |
5.02 |
9.35 |
7.02 |
|
Trading platform |
9.1 |
3.88 |
4.67 |
8.36 |
7.57 |
|
|
|||||
|
|
|
|
|
- Best Swing Trading App In India for 2024
- Best Binary Trading App In Australia for 2024
- Best CFD Trading App In the UAE for 2024
- Best Futures Trading App In Singapore for 2024
- Best Futures Trading App In Morocco for 2024
- Best Swing Trading App In Brazil for 2024
- Best Bitcoin Trading App In France for 2024
- Best Copy Trading App In Spain for 2024
- Best Forex Trading App In Jamaica for 2024
- Best CFD Trading App In Morocco for 2024
- Best Copy Trading App In Iran for 2024
- Best Futures Trading App In Australia for 2024
- Best Bitcoin Trading App In the UK for 2024
- Best Futures Trading App In Botswana for 2024
- Best Swing Trading App In Cyprus for 2024
- Best Options Trading App In the UAE for 2024
- Best Options Trading App In Greece for 2024
- Best Stock Trading App In the Netherlands for 2024
- Best Options Trading App In Sweden for 2024
- Best Apps for Stock Trading in Nigeria
- Best Futures Trading App In Israel for 2024
- Best Options Trading App In Bulgaria for 2024
- Best Online Trading App In Brazil for 2024
- Best Futures Trading App In Canada for 2024
- Best Mobile Trading App In Vietnam for 2024
- Best Stock Trading App In Singapore for 2024
- Best Mobile Trading App In Uganda for 2024
- Best Forex Trading App In Japan for 2024
- Best Mobile Trading App In Tanzania for 2024
- Best Forex Trading App In Singapore for 2024
FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
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.
Are there updates for the apps of brokers?
Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.
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.