Free Forex software by nextmarkets - Start trading today

Last updated: 20.05.2020
Gerry Celaya
Author:
Gerry Celaya
Adviser
CFD & Trading
Experience
> 25 years

Choosing the right forex trading software is important regardless of whether you’re a newcomer to the foreign exchange markets or an experienced professional looking to try out a new way to invest. At nextmarkets, our app has been purposely designed to offer ease of use, help, advice and real-time investing on-the-go, regardless of where you are in the world.

It’s this flexibility that keeps our customers satisfied – so why not see what the fuss is about today and try out a free, no-obligation demonstration?

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What is the best forex software to use?

If you’re looking for the best forex software free of charge, it’s important to understand that everything from personal preference to trading style could dictate what works for you. There’s currently a growing market for forex apps, and this means finding the right platform can take a little research.

Whether you’re a beginner or an experienced trader who wants to change their current strategy, the best forex trading software for you will offer an easy-to-understand user interface. You will also experience opportunities to learn how the markets work. nextmarkets provides insights and tips from professional traders and security measures which protect your funds.

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Forex trading software on your phone

Gone are the days of being tethered to a desktop computer – the best forex broker apps will facilitate quick and easy trading on your phone, wherever you are in the world. With push notifications, you’ll be at an advantage, as you’ll be able to receive the latest forex news as it happens. This puts you in the perfect position to strike while the iron is hot to capitalise on changes in the market.

A good trading app should provide:

  • Tips to help improve your performance
  • Flexible deposit/withdrawal options
  • An easy-to-use, simplified interface

Understanding forex charting software by nextmarkets

Forex charting software by nextmarkets collects real-time feeds of prices from multiple sources. Any changes in prices are plotted on a chart, alongside any other information which may be of benefit to traders. The beauty of charting software is that it provides users with a means to observe price changes as they happen.

Users can then use additional tools to further analyse whether buying or shorting is a good option. With a forex demo account you’ll be able to scope out whether nextmarkets offers the sort of insights and charts that you’ll need to be able to enjoy a return on your investment. The best apps also offer free virtual currency to put your online broker strategies to the test.

Trading software by nextmarkets

Why is charting software important?

It’s imperative that you choose a forex trading app that provides you with analysis, charting capabilities and other useful features. Without the right opportunities to keep an eye on movements within the market, trading becomes little more than guesswork.

Apps from nextmarkets, which combine all the latest analysis in an easy-to-understand interface with hints and tips from professional traders, make the most sense. They allow you to witness how the experts handle changes while helping you to understand when to trade and why. Handy tips and trading insights are available at a moment’s notice.

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If you’ve taken the time to learn what nextmarkets could offer you, perhaps it’s time to download the app. With a free trading demo, you’ll have access to all of the features our regular users enjoy. Here are just a handful of reasons why nextmarkets makes sense:

  • Free access to the latest forex news, insights and tips
  • A functional app with an easy-to-use interface
  • Free virtual funds with your demo account

nextmarkets is the forex trading app with a difference. Find out why today.

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Can the nextmarkets mobile app deliver detailed technical analysis?

Android and iPhone users will already be fully aware of how powerful modern mobile devices can be. From simple tasks like offering daily reminders to complex domestic duties such as remotely controlling the heating or lighting in your home, nothing is off limits for today’s smartphones. Modern phones and tablets are more than capable of delivering detailed forex analysis, and many apps offer an all-in-one trading and analytics solution.

This means at nextmarkets, you can get advice, check the latest market movements and make an investment with just a few simple taps on your forex signals app. It’s the smart way to keep one step ahead of your contemporaries and enjoy a healthy return on your investments.

Free Forex Software

Getting to grips with forex backtesting software

Forex backtesting software makes use of historical trading data to recreate trading behaviours and reactions to specific forex trading strategies. The end data is then used to measure the effectiveness of a strategy and provides the user with ideas to tweak and change their plans before applying the resulting strategy to real-world conditions.

Backtesting works on the principle that if a trade has performed well in the past, it will also be a success in the future. Most experts consider backtesting a valuable tool. However, it’s important to understand that computer algorithms should always be backed up with a little bit of common sense.

Can automated forex trading software help generate profit?

Automated forex trading software is incredibly useful, as it analyses forex price charts and other market activities. From here, it determines what signals are being given, keeping a digital eye on discrepancies in spreads and price trends which could affect the market.

The purpose of such software is to highlight potentially profitable currency pair trades. Most automated foreign exchange software will determine trades based on pre-set parameters chosen by the user. When a potentially profitable trade is available, apps from nextmarkets can be set to alert the user to make a purchase or sale. With mobile push notifications, you’ll always be in control of the situation.

Learn how to trade with nextmarkets

PayPal: flexibility and security

When it comes to funding your forex trading software, it’s important to choose a platform that offers flexibility. Thankfully, there are plenty of PayPal Forex Brokers that allow you to deposit without having to register your bank details. You can save time by simply using PayPal’s secure payment options instead.

In addition to deposit/withdrawal flexibility, it’s also good practice to choose a forex broker that protects your investments. If a platform doesn’t highlight how it ensures your deposits are safe (such as keeping them in separate bank accounts or offering payment protection) it might be time to go back to square one and start searching for a more trustworthy app.

Best forex trading software platform UK: where to look

It’s possible to download forex trading software for free, and many app creators make claims about offering the best forex trading platform UK-wide. However, it’s important to separate fact from fiction, and one of the best ways to find out whether an app offers what it promises is to check out forex comparison sites.

There are many of these sites which feature in-depth reviews and comments from users which will help you to gain an insight into the following and more:

  • How user-friendly a platform is
  • Whether you can rely on the trading advice offered by the platform
  • Whether the app charges commission or offers competitive spreads
Forex App by nextmarkets

Trading with nextmarkets on a mobile device

Technology continues to progress, which means the days of being tethered to a computer are over. It’s widely accepted that the contenders for the best forex trading platform allow users to make trades via mobile apps. This allows users to keep their fingers on the pulse, making trades at the best possible times.

Even with low-risk forex trades, relative newcomers can expect to enjoy profits in the right market conditions. Beginners are encouraged to use their app of choice to follow the trades of the professionals before developing their own strategy. There is plenty of training and information available on the nextmarkets app in order to make informed decisions.

Downloading free forex trading software: a guide

While you might be tempted to download the forex app you find in the App Store, it makes sense to do a little bit of research to ensure you’re trying out trustworthy software. Apple and Android rigorously test apps before making them available to download in their respective stores. If an app is available via Google Play or Apple’s App Store, you can rest assured that it is virus-free and from a trusted source.

Reputable free forex software won’t take you to third-party websites when downloading or installing. A good way to gauge whether your forex trading software of choice is legitimate is to check out consumer reviews – what the users of an app are saying about it will help determine whether it’s right for you.

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Did you know?

At nextmarkets, we don’t just pride ourselves on offering a great service. We genuinely care about our customers, which is why we protect their investments. When you sign up with nextmarkets, you’ll immediately benefit from this and more:

  • Backing from big-name investors like FinLab and Peter Thiel
  • Protection of funds of up to EUR 20,000 by the Malta Investor Protection Scheme
  • Flexible deposit / withdrawal options

Don’t simply take our word for it – download the nextmarkets app and find out why it’s the UK’s #1 forex platform today.

What the best forex trading platform for beginners should offer

If you’re new to the foreign exchange market, you may find yourself asking “what is forex?”, “what are forex signals?”, “how does the forex calendar work?”, “what are the forex trading hours?” or “how do I understand forex indicators?”

It makes sense to look for a platform that not only facilitates easy forex trading but helps you to learn foreign exchange terminology. Education is key to developing a sense of when to make those crucial forex trades, which is why the best free trading platforms should offer all of the following and more:

  • Clear, concise and insightful content
  • Curated investment opportunities from forex software for free
  • An intuitive interface that makes forex trading easy
Free share trading software by nextmarkets

Diversify your investments with the best free CFD software

Once you’ve perfected your forex trading strategies, you might want to diversify your investment portfolio with contracts for difference. Here you can invest in shares, stocks, indices, commodities and more, with thousands of instruments to choose from.

The good news is that nextmarkets facilitates newcomer CFD trading as well as forex trading for beginners, which means you can enjoy diverse investing from the comfort of one simple app. You’ll even get the same level of support regardless of which market you decide to invest in. With a free CFD demo account complete with €10,000 of virtual currency to try out our platform with, today could be the right time to find out why so many traders are turning to us to invest.

Where to check for the best forex platform reviews

There are plenty of “top ten” comparison sites for forex broker apps which offer insights into which apps are currently offering the most competitive spreads, which are the most user-friendly apps and which offer the best advice. As a general rule, if an app is highly regarded by several trustworthy comparison sites to be the best forex platform, it’s likely to be a safe bet.

Customer reviews on the App Store are also worth checking out because from here you’ll be able to find out exactly what the core users think of the various platforms available. In an age where there’s so much information out there, it’s wise to pay attention to reviews from various sources.

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nextmarkets software for forex traders: mobile or desktop?

If you’re more comfortable watching the forex markets from a desktop computer, it makes sense to choose nextmarkets because we allow for trading and monitoring via a Windows app or web client. Of course, in our busy modern world, there may be times when you’ll need to keep an eye on the markets while you’re on the move, which is where a dedicated app comes in.

Whatever your preference, the best bet is opting for nextmarkets because we allow you to trade from wherever you feel comfortable, whenever it is convenient. Some traders prefer being able to digest all of the latest charts on a larger screen, whereas others like to keep up to date while commuting or otherwise outside of the office.

How Forex works

Forex is short for foreign exchange. This is where traders purchase or sell currency pairings in order to make a profit. Brokers exist to facilitate these exchanges, and some platforms will even offer free advice from professional traders. This expert analysis helps newcomers break into the market, and can help experienced traders to rethink their existing strategies.

Whether you’re interested in capitalising on popular pairings such as GBP/USD or have your eye on profiting from something more unique, download the nextmarkets app that facilitates easy trading from anywhere in the world.

Conclusion: Choose nextmarkets for fantastic trading advice

Want to put your trading skills to the test? There’s no better way to start forex trading than a free demo account from nextmarkets. With our platform, you’ll even get €10,000 of virtual currency to practice with.

If you decide that our platform could work for you, it’s easy to upgrade your account and start investing for real. With our free demo you’ve got nothing to lose – so why not kickstart your trading career by opening a nextmarkets account today?

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