Many traders in Ghana 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 Mobile Trading App in Ghana for 2024, based on our assessments.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.
TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.
Deriv is a broker for beginners and professional traders who prefer to make trades on their own, as well as use auxiliary programs for more efficient trading.
Forex4you is an all-in-one broker for active and passive trading, rates well for both novice traders and professional level traders.
Best Mobile Trading App in Ghana for 2024
RoboForex | Exness | TeleTrade | Deriv | Forex4you | |
---|---|---|---|---|---|
Trading platform |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, MT5 |
Deriv bot, Deriv MT5, Derivix, Deriv Trader, SmartTrader |
MT4, Mobile Trading, MT5 |
Min deposit |
$10 |
$10 |
$1 |
$5 |
No |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:10 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
1.00%% |
No |
Spread |
From 0 points |
From 1 point |
From 0.8 points |
From 0 points |
From 0.1 points |
Level of margin call / stop out |
60% / 40% |
No |
70% / 20% |
100% / 50% |
100% / 20% |
Execution of orders |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution, Instant Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
Yes |
No |
No |
No |
Yes |
1
Best Mobile Apps in Ghana - RoboForex
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
👍 Advantages of trading with RoboForex for traders in Ghana:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders in Ghana:
•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime
•Lack of tools when trading on the R StocksTrader platform
2
Best Mobile Apps in Ghana - Exness
Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 700,000 active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.
👍 Advantages of trading with Exness for traders in Ghana:
•Availability of 8 licenses and a membership in the Financial Commission with its own compensation fund to insure traders against losses;
•Wide choice of account types — Standard, Pro, Cent, Swap Free, and Demo;
•Wide range of CFDs, including over 100 currency pairs;
•Zero deposit and withdrawal fees;
•Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.
👎 Disadvantages of Exness for traders in Ghana:
•The broker’s website offers almost no educational materials;
•24/7 support isn’t available in all languages.
3
Best Mobile Apps in Ghana - TeleTrade
TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:500) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.
👍 Advantages of trading with TeleTrade for traders in Ghana:
•detailed analytical section;
•informative educational section.
👎 Disadvantages of TeleTrade for traders in Ghana:
•no PAMM accounts or other money management options;
•a small range of trading instruments;
•few withdrawal options;
•support is available 24/5;
•withdrawals delayed;
•technical support responds slowly;
•sometimes it takes a long time to verify data.
4
Best Mobile Apps in Ghana - Deriv
Deriv is a brokerage company that started its activities in 1999. Deriv's mission is to make trading accessible. For this reason, the company has low minimum deposit requirements, but high-quality working conditions. DTrader is one of the broker's several proprietary trading platforms. Two others are Deriv bot and Deriv MT5. Deriv offers its clients to trade Forex assets, stocks, indices (including synthetic ones), CFDs, commodities, and options. Deriv is an international broker licensed and regulated by the following bodies: Vanuatu Financial Services Commission (VFSC, 14556), Malta and Labuan Financial Services Authority (MFSA, 71479 and Labuan FSA, MB/18/0024), BVI FSC (SIBA/L/18/1114). The rights of traders are guarded by the Financial Commission, of which Derive is also a member.
👍 Advantages of trading with Deriv for traders in Ghana:
•Low level of the minimum deposit.
•A wide range of payment agents for replenishment of the deposit and withdrawal of earned funds.
•Availability of trading instruments of different groups: currency pairs, stocks, indices, metals, etc.
•Broker regulation by several authorities from different countries.
•Round-the-clock client support.
•Choice of three convenient trading platforms.
•No commission for maintaining a trading account and using its platforms.
👎 Disadvantages of Deriv for traders in Ghana:
•The tutorials provided on the site may not be enough for novice traders.
•Deriv has only a few ways to contact support.
•The broker does not serve clients from several countries, such as the USA, Canada, Malaysia, Israel, and others.
5
Best Mobile Apps in Ghana - Forex4you
Forex4you caters to a wide range of traders, offering different account types, including cent accounts and ECN accounts with tight spreads from 0.1 pips. The broker provides leverage of up to 1:1000, order execution speed from 0.1 sec, and access to over 150 trading instruments, including Forex pairs, indices, commodities, and stocks. Its proprietary copy trading platform, Share4you, allows traders to earn additional income by sharing their strategies or copying successful traders. Additional features like cashback, bonuses, and partnership programs further enhance the trading experience.
Forex4you doesn't accept clients from the U.S., Canada, Japan, and EU countries, but it presents a compelling option for eligible traders seeking a well-rounded trading experience.
👍 Advantages of trading with Forex4you for traders in Ghana:
•best trading conditions for novice traders;
•no trading restrictions on scalping and algorithmic trading;
•the possibility of passive income - social trading platform Share4you;
•the broker has an insurance for $10 million on a contingency basis;
•there are cent accounts with a minimum transaction amount of 2 cents.
•customer support responds to customer inquiries within 8 hours, even on weekends.
👎 Disadvantages of Forex4you for traders in Ghana:
•Relatively high fixed fees on Pro accounts.
•Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.
Best Mobile Trading App in Ghana 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.
RoboForex - Education for Investors
Investment Education Online
A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.
The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.
Exness - Education for Investors
Investment Education Online
Currently, Exness doesn’t provide training for novice traders. If you want to learn basic Forex and CFD concepts, go to the Help section of the website. To develop practical trading skills, open a demo account.
TeleTrade - Education for Investors
Investment Education Online
The TeleTrade website features a large educational section where every trader can find information for successful Forex trading and more. The broker provides information on the basics of analysis, trading strategies, and also offers educational courses, video tutorials. The company also holds webinars.
You can test the knowledge you gained on the TeleTrade website by using a demo account. The broker’s specialists believe it can give novice traders the experience and skills to trade on a live account.
To support traders, a separate analytical section has been created on the website with an economic calendar, news and market overview.
Deriv - Education for Investors
Investment Education Online
The broker's website has a section that contains information useful for both beginners and experienced traders. Access to the information is free, just go to the “Resources” section and select the “Academy” subsection.
All Deriv clients can open a demo account upon registering, practice trading without time restraints, test different trading strategies, and — when ready — open a real trading account.
Forex4you - Education for Investors
Investment Education Online
To support trading, a separate analytical section has been created on the site with tools that will be of interest not only to the novice, but also to professionals.
Every tool listed above can be tested on a demo account.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Ghana 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 Mobile Trading App in Ghana 2024.
RoboForex | Exness | TeleTrade | Deriv | Forex4you | |
---|---|---|---|---|---|
Overall score |
8.61 |
7.58 |
7.19 |
8.48 |
7.44 |
Execution of orders |
8.95 |
9.6 |
3.21 |
9.55 |
8.65 |
Investment instruments |
8.2 |
8.79 |
6.7 |
8.73 |
6.1 |
Withdrawal speed |
9.71 |
8.79 |
7.79 |
9.54 |
6.4 |
Customer Support work |
9.17 |
9.29 |
8.41 |
5.94 |
8.5 |
Variety of instruments |
8.75 |
8.02 |
8.75 |
9.27 |
5.77 |
Trading platform |
6.86 |
1 |
8.29 |
7.82 |
9.22 |
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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.
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.
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.
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.