Bitcoin has been around since 2008. However, it didn’t become a principal investment tool until 2016. Today, one if five adults has traded, bought, or sold cryptocurrency.
Forex trading is another popular investment method that allows investors to conduct trades in international markets.
Forex and crypto trading are at the forefront of investing strategies. Forex has been a longstanding enterprise for the exchange of currencies for many reasons. Meanwhile, cryptocurrency is gaining ground as a legitimate form of currency.
Many apps allow investors to make forex and cryptocurrency trades. Which ones are the best? Here is a list to help you get started.
Saxo Bank – The Premium Forex and Crypto Trading Experience
Saxo Bank provides a rich experience through their app, with access to lots of information to help inform your trading decisions. This app is perfect for investors that seek an active investing experience. This app was made for investors that intend to generate income through their investments.
The app provides access to over 40,000 types of securities, including cryptocurrency and forex. It is also one of the safest apps to use, licensed in six tier-1 jurisdictions.
This app is not ideal for forex trading for beginners. The minimum deposit to begin investing is $2,000. Platinum and VIP accounts each require deposits of $200,000 and $1,000,000, respectively.
IG – Forex Trading for Beginners and Professionals
IG is a prominent name in forex trading thanks to its new platform.
The app is easy to navigate and provides tools that make it accessible to experienced and beginner investors alike. Its simple design helps minimize confusion and displays the information that is most important to help you facilitate your transactions.
The app also has a search function that allows users to find assets by typing in their names. It also lets users search assets by category.
IG is the premier forex trading app thanks to its intuitive, bug-free design.
CMC – Accessible to Everyone
CMC is an excellent investment platform with a minimum deposit of zero dollars. No matter who you are, you can start your investing journey with this app.
Whether you’re just starting or have prior experience, the app comes with research and trading tools. Investors can maximize their investments with the app’s utilities or learn as they go through its research tools.
It is useful for both crypto and forex trading. However, this app doesn’t have the function of direct purchases of cryptocurrencies. Users can, however, purchase CFDs to speculate on the price of cryptocurrencies.
Your Lifestyle Guide
Forex and crypto trading is an excellent way to make money, whether you’re looking for another source of income or generating money over the long term. No matter your financial goals, Saxo Bank, IG, and CMC are three of the best apps to help you meet those goals.
Each one has different tools and functions to help you, and the best choice for you will depend on your goals.
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