Thursday, January 27, 2022

4 Best Free Trading Signals App for iOS and Android

4 Best Free Trading Signals App for iOS and Android

Trading signal apps have increased in demand and they are renowned for their simplicity.

With trading signal apps, traders can copy trades with a single click, and they also have access to trading signals.

Bitcoin Evolution is an automated trading software that enables everyday people, just like you and I, to make thousands of dollars trading Bitcoin and other cryptocurrencies. The algorithm of this software will scan the crypto markets and will quickly and accurately pinpoint potentially profitable trading opportunities.

We have come to you with the 4 best free trading signal Apps available for both iOS and Android, that will let you get free forex signals, and with which you can take advantage of copy trading functions.

1. eToro

The trading app eToro, offers traders access to the largest social trading network in the world, with a community of more than 4.5 million users.

With such a community of signal providers, it’s safe to say that free forex signals are abundant.

But the main point of eToro is the fact it doesn’t offer Forex only, but to have a wide variety of investment instruments. Through the use of CFDs, eToro allows traders to copy signals on Currencies, Stocks, Indices, Commodities, ETFs, Bitcoin, Ethereum, and other cryptocurrencies.

In addition to this, eToro also introduced some very innovative products, in particular the CopyPortfolios, i.e. a particular type of funds of traders and instruments automatically managed by artificial intelligence.

2. NAGA Trader

There are a lot of companies and platforms offering copy trading services and signals, but not a lot offer these services on the Mobile App. Next on the list is the NAGA Trader App.

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NAGA Trader – formerly SwipeStox – began and achieved success as a mobile app.

One of the peculiarities of NAGA Trader is the ability to go through a list of the best trades generated by the community, observe the parameters (stop and profit), evaluate the past performance of those who have generated that signal, and finally, if desired, by swiping right you can save it in a watch list, by swiping left you can discard it, or by clicking the Copy button you can copy it immediately.

This is why SwipeStox was renamed the “Tinder of trading”. And that’s why, from the time of its launch in early 2016, NAGA Trader grew 500% each month.

NAGA Trader offers many features for Retail Trading, Social Trading, Automated Copy Trading, Crypto Trading, as well as various innovative tools such as the NAGA Portfolios.

3. ZuluTrade

If you are interested particularly in Forex and Copy Trading functionalities, then ZuluTrade might be the most appropriate choice. ZuluTrade was the first Copy Trading Platform ever, and has always been focused on the forex market and the provision of free signals, both manual and automatic.

ZuluTrade, unlike eToro, is not a broker, but it’s a services platform for brokers. This means that, to use its services, with ZuluTrade you can choose the broker you most prefer, or connect the one you already have.

ZuluTrade has also focused heavily on automated copy trading functionality, providing very advanced analysis and portfolio management tools in the ZuluTrade App.

Another positive point when it comes to the ZuluTrade app is that it is very easy to register. The minimum deposit is only $100 and it is easy to connect as long as your broker has a partnership with ZuluTrade. Accessibility is improved by the fact that you can also open an account directly through ZuluTrade but the minimum deposit may vary depending on your choice of broker.

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4. MQL5

MQL5 is considered to be one of the most popular apps when it comes to forex signals, and it offers free forex signals. MQL or MetaQuotes Language is connected to MetaQuotes software, they are behind the MetaTrader trading platforms offered by almost every top forex broker.

The MQL app has the backing of a hugely active community of traders and is supported by both iOS and Android. The app itself along with all other MetaQuotes software is very light and capable of running on almost any device. Through the app itself, you can access both free, and paid forex signals from a range of markets. The MQL app and community cover almost every trading technique with something for everyone.

If the forex signals are not enough, you can of course download EAs for automated trading through MT4 and MT5 that have been made available by the MQL5 community of traders.

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