With the abundance of online trading apps available today, investing in the forex market has become incredibly convenient. However, making a decision can be challenging when it comes to finding the top trading app in Kenya.
In this article, we look at the 5 best trading apps in Kenya you can use in 2024.
1. HFM
HFM is a popular forex trading platform app for novices. Its user-friendly interface, educational tools, and other features allow traders to trade with confidence. Video courses, seminars, articles, and instructions are available on the site.
Traders can practice with virtual funds on HFM’s demo account. This feature helps increase trading skills and confidence without risking real money.
The website offers a variety of major and minor currency pairings to trade. It helps traders make judgements with real-time market data, enhanced charting, and technical analysis.
In addition, HFM offers a mobile trading tool to monitor accounts and make trades on smartphones and tablets.
2. AvaTrade
AvaTrade has a good reputation and a user-friendly design, making it a good choice for forex traders. Video courses, webinars, and textual guidelines are available on the site.
The AvaTrade demo account lets beginner traders practice trading with simulated funds before risking real money. This function is crucial for trading practice and confidence.
The platform offers many major and minor currency pairs, giving traders plenty of diversification choices. Real-time market data, charts, and technical analysis tools aid in trading decisions.
AvaTrade’s mobile trading app helps beginners stay connected and trade on the go.
3. Exness
This easy-to-use platform has many features to help forex traders. Exness’ demo account lets newcomers practice trading with simulated funds without risking real money. Users may also learn Forex trading basics via video lectures and articles on the platform.
Exness offers many main and minor currency pairs to help traders diversify their trading techniques. Trading decisions can be made with real-time market data and technical analysis tools.
Beginners can protect their investments with stop-loss and take-profit orders on the platform.
Exness’ mobile trading software lets users trade and monitor their accounts anywhere.
4. FXTM
FXTM is popular with traders who want a user-friendly, educational platform. The portal has many articles, video lessons, webinars, and educational events.
A demo account lets new traders practice trading with virtual funds at FXTM. Building confidence and competence without real capital requires this feature.
Beginners can trade major, minor, and exotic currency pairs on the platform. Real-time market data, complex charting, and technical analysis help traders make judgements.
Another strength of FXTM is its customer support, which assists traders when needed.
FXTM also has a mobile trading app for traders who want to monitor their accounts and trade from their phones.
5. eToro
eToro’s unique and user-friendly approach makes it a great choice. The social trading focus of eToro is unique. The site lets users trade independently and mimic successful traders’ tactics. This “CopyTrader” tool helps beginner traders learn from and copy more experienced traders.
An extensive teaching centre at eToro includes video courses, articles, and webinars. Forex trading fundamentals novices will benefit from this information.
The website offers a demo account for new traders to practice with virtual funds, lowering risk.
Besides major and minor currency pairs, eToro offers equities and cryptocurrency. For informed trading, real-time market data, charts, and analysis tools are available.
EToro has a simple mobile app for mobile traders.
In conclusion, there are numerous trading apps that you can use in Kenya, but according to research and many reviews, the above-mentioned 5 are the best trading apps in Kenya for 2024.
