Best Swing Trading App for 2025

Detailed Review of the Best Swing Trading Apps

To make an informed choice of a mobile app, you need to read a detailed review of the broker offering it. This will help you to learn more about the company in general and its mobile app in particular. Traders Union experts have prepared the required information to help you make the right choice.

XM Broker — CFD-broker that is comfortable to be with

The XM Broker team decided to concentrate directly on providing active trading services. Constantly improving platform technology and data transfer, XM Broker has been able to achieve good results in this direction. The company offers more than 1,000 different trading instruments. XM Broker is one of the few brokers that added to classical instruments such assets as cotton, palladium, CFDs for shares of individual companies - there is everything for building complete correlation trading systems and a diversified investment portfolio. In the future, the addition of cryptocurrencies is expected.

RoboForex is the best broker for a beginner trader

RoboForex is one of the best brokers for novice traders. Practice shows that newcomers choose this company primarily for its reliability and comfortable trading conditions. The minimum deposit at RoboForex is only $10. It is a small amount, but it is enough to understand the trading specifics and understand how the Forex market generally works.

Orders of RoboForex clients are immediately brought to the international market, working according to the "A-Book" principle, excluding a possible conflict of interest with the broker within the system itself.

RoboForex offers its clients the opportunity to invest in ETFs through its proprietary innovative trading platform - R StocksTrader. In it, you will find a variety of charts and quotes updated online for the following instruments: 12,000 stocks, currency pairs, indices, and ETFs. The minimum deposit to get started with R StocksTrader is $100. Additionally, an accessible constructor is built into the platform, which allows you to create trading robots on your own without programming skills. You can test the created Expert Advisor on a demo account.

ETF trading at RoboForex is available with leverage up to 1:20, depending on the selected account type. The minimum commission is 0.25 USD, and the spread is 0.01 USD. These instruments are traded 24/7, and the Stop Out level is 20%. The maximum number of ETF instruments available for investment through R StocksTrader is over 8400.

Another competitive advantage of the RoboForex broker is its innovative liquidity aggregation technology. It is also worth noting that RoboForex uses direct entry of orders to the market - STP, ECN. Advanced technologies for bringing client transactions to international platforms allowed the company to achieve excellent results in order execution speed (90-100 ms) with an average value of this parameter elsewhere in the market is 500 ms. In general, there are no negative reviews on the processing speed in RoboForex.

IC Markets is a broker for many strategies and trading styles

IC Markets allows all trading styles that, combined with STP and ECN account types and low fees, enables traders with many strategies for beginners and experiences to close trades with a profit. The broker is suitable for both mid- and short-term strategies, including scalping.

IC Markets doesn’t prohibit the usage of expert advisors for algorithmic trading and ensures high order processing speeds in the ECN network for their efficient work. Liquidity provided by such reputable providers as National Australia Bank (NAB) provides for trading with the best market quotes. Servers located in London LD5 and New York NY4 allow traders to minimize execution delays.

IC Markets allows traders to choose trading platforms convenient for them. They range from the simplest MT4 mobile apps to desktop cTrader and MT5 with advanced analytical tools. The minimum deposit is $200 and the broker’s leverage allows traders to execute trades with larger amounts than they have.

Tools to improve trading efficiency:

• Forex calculators. These tools are used to calculate the exchange rate, pips, fees, and margins;

• Web TV. This tool offers daily updates from the New York Stock Exchange, current technical analysis, and data from Trading Central.

Deriv is a broker that offers trading in contracts for difference and options

Trading synthetic indices, known as Derived indices, and cryptocurrencies is available 24/7, while other instruments are available 24/5. In EU countries, the broker offers two trading platforms - MT5 and Deriv Trader. MT5 is designed for trading Forex and CFD assets with leverage. On Deriv Trader, you can trade with Multipliers options, which is a type of trading where a trader cannot lose more funds than those involved in the trade, even when using leverage. Moreover, if the position does not become unprofitable, increased profit is paid out due to leverage.

The Multipliers contract type allows for reducing losses without limiting potential profits. The standard leverage provided for CFD trading increases the trader's purchasing power and the potential loss size.

Useful Functions of Deriv:

• Online margin calculator. With it, traders can calculate how much funds are needed to open and maintain a trading position in the MT5 platform;

• Options trading robots. Ready-made bots for effective strategies are available, as well as a constructor for creating your own robot from blocks;

• Deriv community. In it, the broker's clients can communicate and share experiences, trading strategies, and ideas;

• Demo account. It is available on the classic MetaTrader 5 platform and the broker's proprietary platform.