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Must-Have Forex App: Differences Between JustMarkets and MultiBank
If you’ve been tediously looking for the best forex trading apps in the market, you’re in the right place. Today, we’ll talk about what these tools are and how they work, comparing two leading brokers out there — JustMarkets and MultiBank. We’ll delve into the peculiarities of each company’s application, outline the advantages and drawbacks they have, and compare them to simplify your choice and help you make a better decision.
What Is in the Core of Forex Trading Apps?
Before talking about the best apps for forex trading, let’s see what they are about in general.
In simple terms, the Forex trading app is a software app for mobile devices (smartphones, tablets, etc.) that allows you to trade on the Forex market. Via these applications, one can choose among various currencies, check market trends and their dynamics, and manage all the account details anywhere and anytime.
As mobile technology develops, so do Forex trading apps, which are becoming hugely popular among traders. It’s not a surprise for us because mobile apps are convenient to use, flexible, and can be suitable for both pros and newcomers. Forex trading apps offer all (or mostly all) the features you can access on your desktop but at your fingertips. They often feature real-time quotes, insightful news feeds, charting tools, and many other functionalities to improve trading sessions several times.
The Best Forex Trading Apps
Enough of the theory; it’s time to move to more practical insights. Now, we welcome you to check the best apps for forex trading with all their specific features.
About JustMarkets App
JustMarkets is a global broker with a huge following all over the world. The broker is quite popular in Asia, LATAM, Malaysia, Vietnam, and many other countries. Overall, they provide services in 160+ countries, having more than 2 million clients on board.
Not so long ago, the broker refreshed their mobile app and added new functionalities. Let’s see how it looks and works at this moment.
Advantages of Using JustMarkets App
The most beneficial features of the JustMarkets app include:
- Full-cycle trading activity. Via the app, you can initiate and close positions directly, there is no need to use a desktop or switch between platforms.
- MT4 and MT5 platforms. Whether you prefer MT4, or like to trade with MT5, the application gives you an opportunity to choose.
- Popular among traders. The app has 1K+ reviews and a 4.2/5 rating on Google Play.
- Biometric authentication. This platform features biometric authentication that makes it safe and secure.
- Swap-free for everyone. Even people from non-Islamic countries can leverage the JustMarkets swap-free feature.
- Demo account. Before going live, you can try to trade on the JustMarkets demo account with any balance you want.
- Easy account management. You can change account settings, including payment methods, in a few clicks.
- User-friendly charting. Choose between 1K+ indicators or other instruments to be in line with the market.
- Convenient favorites folder. Save your preferred instruments in a specific folder and monitor how their price moves and other changes in 2 seconds.
- 24/7 multilingual support. You can get help with any query by contacting the multilingual support team.
- Insightful analytical resources. Access the hottest news about the market in the Top News block and check the Economic Events section, serving as a calendar of macroeconomic events.
How to Register in JustMarkets App
If you decided to move on with JustMarkets, sign up by following these simple steps:
- Download the app. It’s available on both the App Store and Google Play.
- Install and open. Follow the instructions to install the application and open it.
- Sign up. Then, click ‘Sign Up’ and fill in all the needed personal info.
- Biometric verification. Upload all the needed documents to verify your identity.
- Start trading. Once all is done, deposit funds and start trading.
About MultiBank App
One more powerful tool for Forex trading is the MultiBank app (known as MultiBank-Plus), created by the MultiBank global brokerage platform. The broker has 1+ million clients on board and works in more than 100 countries worldwide. This number is a bit smaller than the JustMarkets’ one, but it is still quite impressive.
There are people all over the world who choose to trade with MultiBank. Vietnam, Malaysia, Asia, LATAM — these and other countries appreciate the broker most of all, but they don’t limit this list.
Advantages of Using MultiBank App
Now, let’s see what features MultiBank broker’s application has to offer:
- All in one app. Like with JustMarkets, in the app, you can accomplish all crucial activities regarding trading, i.e., open, close, and manage your positions.
- MT4/MT5 tools. To trade in the app, you can choose between popular MT4 and MT5.
- Good numbers on Google Play. The app has 700+ reviews and a 4.1/5 rating on Google Play.
- Demo account. In MultiBank, you can trade with a $100,000 virtual balance.
- Swap-free for Islamic countries. People from Islamic countries can use the application’s swap-free feature.
- Intuitive account management. The company’s users have a pretty good impression of the app’s intuitiveness concerning account management.
- Useful and easy charting. Within the app, you can access many indicators and instruments that can change how things work.
- Around-the-clock multilingual support. Whatever question you have, the support team is available for you 24/7.
- Detailed analytical sections. To learn what’s going on with the market, there is the News section, as well as the Economic Calendar for macroeconomic news.
How to Register in MultiBank App
To sign up for the MultiBank application, you must follow these steps:
- Download the app. The app can be downloaded on the App Store and Google Play.
- Install and launch. Once downloaded, install the app and launch it on your device.
- Create an account. Click on ‘Create Account’ and enter all the personal details.
- Begin trading. When you have verified your account, deposit funds and start trading.
Comparative Analysis of MultiBank and JustMarkets Apps
When conducting JustMarkets and MultiBank reviews, a lot of factors come into play. See how we summarized them regarding their apps in the table below.
Feature | JustMarkets App | MultiBank App |
Full-cycle trading activity (open, close, and manage deals) | Yes | Yes |
Trading platform | MT4/MT5 | MT4/MT5 |
Rating on Google Play | 4.2/5 | 4.1/5 |
Reviews on Google Play | 1K+ reviews | 700+ reviews |
Biometric authentication | Yes | No |
Customer support | Multilingual, 24/7 | Multilingual, 24/7 |
Demo account | Yes, unlimited balance | Yes, the balance up to $100,000 |
Swap-free feature | Available for all users | Available, but for users from Islamic countries only |
Charting indicators | 1+ | Don’t specified |
Favorites folder | Yes | No |
Analytical resources | Top News, Economic Events | News, Economic Calendar |
Whatever you choose, JustMarkets or MultiBank, online brokers of this level cannot let you down, as they value their reputation. So, we recommend you not be scared and try each of the mentioned apps or use our comparison to make your own decisions.
FAQ
Both apps offer great educational resources to help traders level up their trading skills. With the JustMarkets app, you can stay updated by monitoring the Top News; in MultiBank, it’s called just News. Also, key economic events can be tracked via the Economic Events section in JustMarkets and the Economic Calendar in MultiBank.
Sure, the applications support this kind of trading, as well as using trading signals. Use these features to make the most of your deals and create a safe trading environment without stress or headaches.
Yes, JustMarkets’ and MultiBank‘s apps are known for their security and simplicity in use. You can easily control your account, change all the details in it, manage settings, and choose desired equity and margin levels to manage risks.