Best trading app in Malaysia

Which is the best trading app in Malaysia? Do the best sites for trading also have the best apps? Do you want to trade stock, forex or CFDs? Do they offer Islamic accounts?

We reviewed a number of apps, among others, apps from BDSwiss, Alpari International, FXPro and HotForex that didn’t make the list below. These reviews have been updated in January 2022. Based on these reviews we found that AvaTradeGo app is the best trading app for traders from Malaysia. And then OctaFX and BlackBull Markets also got their apps in the top three trading apps in Malaysia.

The wonderful news for you as a trader is that all the six trading apps in the list below are completely free and they all offer Islamic accounts. The 6 best trading apps in Malaysia are:

  1. AvaTradeGo Trading App
  2. OctaFX Trading App
  3. BlackBull Markets Trading App
  4. XTB Trading App
  5. Capex Trading App
  6. FBS Trading App

These six mobile trading apps for Malaysia are furthermore run by brokers that are correctly regulated and thus you can feel safe about your money. But as always with trading, never invest more than you can afford to lose. Below you can read our reviews of these top six trading apps.

Best trading app - AvaTradeGO

1. AvaTradeGO Trading App.

The app AvaTradeGO is very well-liked by traders because of the quick download, the offering of a direct chat option with AVA support and it also offers access to more than 250 tradable assets. The brokerage AvaTrade also offers a tremendous welcome bonus of 40%! Visit AvaTrade
Read more…

OctaFX Mobile App Screenshot

2. OctaFX Trading App.

The OctaFX cTrader mobile app puts an astounding amount of relevant information at your fingertips, when and where you need it. Still, it is a very simple and straightforward solution for trading on the go, with a few additions of extra features.
Visit OctaFX
Read more…

BlackBull Markets Mobile Platform Screenshot

3. BlackBull Markets Trading App

BlackBull Markets offers the rock-solid MetaTrader 4 trading app as their mobile platform. From hundreds of thousands of users, this app has received excellent ratings with 4.8 stars out of 5 for the iOS version and 4.6 stars out of 5 for the Android version. The app offers an impressive selection of basic and advanced features. Visit BlackBull Markets
Read more…

3. easyMarkets Trading App.

The easyMarkets mobile trading app has accrued mostly positive reviews from its users. The charts come with a wealth of technical indicators, such as Bollinger Bands, various MAs and oscillators. Reliability comes to mind as a very strong advantage of this trading app. Visit easyMarkets
Read more…

XTB Mobile App Screenshot

4. XTB Trading App.

Users rate XTB’s xStation mobile trading app highly because of an intuitive interface, fast and on-point trade execution, outstanding charting and superb features such as its trading sentiment indicator and that you’re not constantly logged out, if your phone goes into rest mode, you tap it and you’re right back in the midst of action. Visit XTB
Read more…

Capex Mobile App Screenshot

5. Capex Trading App

Capex’s mobile platforms work as advertised and as one would expect a modern mobile trading app to work. They offer superb charting, many interesting trading tools, and access to news to aid with technical analysis. Visit Capex
Read more…

6. FBS Trading App

FBS is one of the older brokers. Established 12 years ago, it has grown into a mainstay of the online trading/CFD scene. It is present in 150 countries, and it has entered into partnerships with some of the world’s top football clubs. Visit FBS
Read more…

Markets.com Mobile App Screenshot

7. Markets.com Trading App.

The markets.com mobile starting interface is simple and smooth, which is nice. The selection of stock-based CFDs is outstanding! More than 2,000 such assets are available. As far as currencies go, the app supports both majors, minors, and exotics. However, based on user feedback, this app shows some problems e.g. with charting functionality and technical indicators. Visit Markets.com
Read more…

8. Oanda Trading App

Oanda is a large, reputable and well-regulated trading destination and financial service provider. It offers NDD execution, supporting a satisfactory selection of tradable assets. Visit Oanda
Read more…

What to look for in the best trading app in Malaysia

The most important feature of your mobile trading app would be the possibility of cross-platform trading, i.e. you should be able to enter a trade on your desktop and close the same trade in the app. Another important aspect is how simple the app is to use. The easier the better. Furthermore, the app needs to make a wide variety of assets available for trading, to fulfill all of your trading-related needs. All the reviewed trading apps on this page offers trading in both stocks, forex and CFDs, however, the number of assets provided for trading in each asset class will vary.

Of course, you also want the app to provide both live and demo accounts. This way, you’ll be able to test the app and to practice in it before you start using it for real money trading. In-app copy trading is also a feature you will likely appreciate. And lastly, on your part, you will need a highly reliable connection to avoid potentially very costly mistakes.

AvaTradeGO Trading App

Like most online FX/CFD brokers, AVATrade has made available mobile apps for Android and iOS devices.

The apps, which essentially look the same and work the same way, are fairly run-of-the-mill. They offer access to more than 250 tradable assets and feature leverage of 1:30 on some of these assets.

AvaTrade AvaProtect

New revolutionary risk management tool. With AvaProtect, clients can now have their trades protected from market risk. For a small initial fee clients can now protect their trades during a specified time and AvaTrade will reimburse the loss on their protected trade. This feature is available for all FX pairs as well as Gold and Silver.

AvaTradeGo App

The Android version is obviously the more popular. More than 500,000 people have thus far downloaded it. While there are some complaints regarding overall usability, technical analysis features and some practices on the part of the broker, the majority of the user feedback is positive.

Downloadable for free, AvaTradeGO is only 19MB big. It can be installed in under a minute and it comes with a great practice mode option, which can be activated just as quickly.

AvaTradeGo App

It makes after all perfect sense for traders to put the app to the test in virtual money mode before they use it to invest real money.

Opening a position through the app is as simple and straightforward as possible. All one has to do is to navigate to the market section and select a currency pair/tradable asset.

The dashboard of the app features a horizontally scrollable watchlist as well, so tracked assets and currency pairs can be traded directly from there.

AVA Trade app assets

A relatively standard Menu button in the top left corner provides access to the Trade History, one’s open positions, the Market section, as well as to the My AVA Account section.

The app also offers a direct chat option with AVA support, as well as a number of technical tools, such as Pivot Points, MACD, RSI, and a handful of other indicators. Charts can be viewed in landscape mode.

The latest version of the AvatradeGO Android app introduced a few improvements concerning the design of the homepage and a few other features.

  • The homepage of the app now lets users choose from two display options.
  • App navigation has been improved and a new instruments summary page has been added.
  • The “hot” trading instruments are now displayed in a separate list.

With the improvements, the size of the app has increased a bit.

As mentioned, the iOS version of the app is a lot like the Android one. Interestingly, size-wise, it is much heftier. iPhone and iPad users will have to download 109.6MB – rather surprising given the relatively simplistic nature of the app.

The iOS app is available in an impressive number of languages. Besides English, French, German, Italian, Chinese, Spanish, Russian and Arabic are all supported.

Upon its launch, the iOS app used to feature a $12,500 bonus. Traders can access the Education Centre through the app, to brush up on their trading skills on the move.

The latest version of the AvaTradeGO mobile app introduced a few tweaks as well. It improved app usability and security by adding an app lock with fingerprint/pass-code. It has made the Market Buzz, Economic Calendar and Featured Ideas available directly through the menu.

Both mobile apps support real money deposits and withdrawals, as well as account registration. The Market Trends feature is claimed to be a technology unique to the AvaTradeGO platforms.

Start trading with the AvaTradeGO Trading App now.



OctaFX offers the fastest trade executions in their trading app

OctaFX used to feature a cTrader-based mobile trading app for Android as well as iOS. Although the cTrader app is still available in the Play Store and the Appstore, it looks like the broker has replaced it with what it calls an official Forex trading tool.

The app lets users make deposits and withdrawals. Through the OctaFX mobile app, clients of the broker can also manage their profiles and a multitude of trading accounts. They can use Demo accounts, real money accounts, and contest accounts.

OctaFX Mobile App Screenshot

The broker boasts that its new app is lightning-fast, and it works seamlessly on the go, wherever the user may take it.

What does it mean to manage accounts in OctaFX’s interpretation? Through the new app, users can:

  • Edit and recover passwords
  • Create new trading accounts
  • Enable swap-free mode
  • Add play money funds
  •  Tinker with leverage
  • Make real money deposits, track their statuses and view their deposit histories

The app also covers the other trading platforms of the broker, so they can use MT4, MT5, or CTrader with it.

Those who wish to trade at OctaFX through the mobile app, have to download it in the Google Play Store, create an OctaFX account through it, choose a trading platform like MT4, MT5, or CTrader, and proceed to trade having made a deposit. The app is only available in the Play Store, and only users from some geographic locations can download it.

What do OctaFX Users Like About the App?

Based on user feedback available on the app, it is safe to say that it has thus far been successful. More than 33,000 people bothered to rate the app, giving it a score of 4.2 out of 5. Those who like it have pointed out some of the strengths of the app.

  • The app is fast and highly responsive. New users can create accounts quickly, and some of them have mentioned the responsiveness of the OctaFX live support fondly.
  • Some users have found the app to be an excellent tool for trading education.
  • Other users appreciate the speed with which their withdrawals went through.
  • Still others appreciate the trading conditions the app offers, such as the low spreads, the lack of commissions and fees on trading as well as deposits and withdrawals. Arguably, the trading conditions have little to do with the app, however.
  • The trading interface of the app is attractive and easy-to-use.

Inevitably, when many people use an app, some will dislike it for one reason or another. Some of the problems that OctaFX’s mobile traders have pointed out are:

  • Some users have complained of lag and the slow opening of positions.
  • Other users have found problems with the functionality, although connectivity problems and the impossibility to launch a trade are overarching issues.
  • The slow opening of positions leads to slippage and trades being locked in at the incorrect price.
  • Lag is allegedly also a problem when users attempt to close trades.  

More than 5 million people have downloaded the app thus far. At 33MB, the app takes only a few seconds to download and install.

The Strengths of the OctaFX Mobile App

Its compelling trading platform integration has to be the main strength of the OctaFX mobile app.

Besides monitoring their statistics and managing their trading accounts, users can access the trading platform of their choice through the app.

The app also allows users to cancel their previous deposit, and view their detailed account operation history, through the use of relevant filters. Users can also activate their bonuses and view statistics on their completed and active bonuses.

The app features integrated market insights, so users can scan the news, receive trading tips, and analyze weekly forecasts. In addition to the mentioned features, the app also offers access to an integrated profit calculator. Through this feature, traders can check the profitability of various trading instruments, analyze potential profits and losses, monitor prices, and calculate profits for all compatible trading platforms. The tool also helps traders understand the trading fees, swaps, and profits their trades may entail.

How to Open a Position through the OctaFX Mobile App

Assuming that you start at the dashboard displaying one of your watch lists, there are two ways to launch a trade.

  • You can tap one of the assets in your watch list, opening up the chart page of the said asset. From there, you are free to perform your technical and fundamental analysis. Once done, all you need to do is to tap the Buy or Sell button. As soon as you do, the app fills your order and posts your ticket at the bottom of your screen.
  • The other way is to tap the Buy or Sell button directly on your watch list. In this case, the app opens a “create order” page, where you can choose your order type, set your take profit and stop loss, the quantity, and you can even attach a comment to your order. When done, just tap the “Place Order” button at the bottom of your screen.

You can keep an eye on your open positions in the Positions section. And yes, you can close them all at the tap of a button if you elect to do so.

OctaFX Mobile App Create Order Screenshot

Special Features

The broker runs a series of trading contests that allow traders to win real money prizes through Demo accounts.

With a Demo account, traders do not need to provide as detailed a range of personal information as they would have to otherwise. Also, they do not risk any real money.

The OctaFX Trading App Deposit-Control feature is perhaps the most interesting special feature of the app. Through it, traders can control their equity and their trades. The tool shows traders how much money they need to deposit to keep their existing trades alive or open specific new ones.

The fact that it has integrated a wide range of trading platforms makes the OctaFX Mobile App a rather unique one. This novel approach has expanded the capabilities of mobile trading significantly.

Conclusion

The OctaFX mobile app looks like a decent solution for those who want to trade on the go. The platform offers impressive integrations of trading platforms as well as powerful trading tools. Most users seem to like it, though there are quite a few dissenting voices.

The app undeniably has some weaknesses, mostly stemming from connectivity and lag issues.



BlackBull Markets Mobile Trading App

BlackBull Markets offers a good selection of trading platforms to complement its real ECN trading conditions. Unlike most other brokers, BlackBull has not developed its proprietary mobile trading platform. Instead, it uses MT4 as its “flagship” trading platform as well as its mobile option for iOS and Android devices.

BlackBull Markets Mobile App Screenshot 1

MT4 is the most popular and powerful trading platform. The fact alone that a broker uses it lends that broker some degree of credibility and legitimacy. The Android version of the MT4 platform that BlackBull Markets uses has thus far been downloaded more than 10 million times from the Google PlayStore. Out of all these users, more than 610,000 rated and reviewed the platform, giving it an overall rating of 4.6 out of 5 stars. These statistics speak volumes about the capabilities and reliability of the MT4 Android platform.

For all practical purposes, the Android version of the platform replicates the full functionality of the desktop-based version.

Most of the feedback that users leave on the platform is positive. What do MT4 traders like most about the BlackBull Markets platform?

  • The Android platform is the recipient of frequent updates. Most users say that the mobile platform has improved since the last time they used it.
  • Some traders appreciate that once they open a trade, they do not have to wait for it to expire to lock in the profits. They can close trades manually when they want.
  • Convenience is one of the top reasons so many traders have given the platform a 5-star rating.
  • Despite its functionality and power, the app is surprisingly easy to use.
  • Some users say that the app works outstandingly well, even through poor connections. Others, however, feel that it lags even through excellent connections.

The problem with feedback is that people who like the platform and feel satisfied with it do not feel motivated to leave a review. This explains why even the positive reviews teem with constructive criticism, recommendations, and requests.

That said, some traders genuinely dislike the MT4 mobile trading platform.

  • For some traders, the app misfires by closing all the open trades at the same time. In some cases, it simply ignores the Take Profit, failing to close when it reaches it.
  • In other cases, the platform does not allow the opening of Demo accounts.
  • The platform may log people out and not allow them to log back in using the same credentials.
  • Some traders do not like the way MetaQuotes have designed the platform.
  • The mobile platform may freeze for some traders when they attempt to take profits.
  • Others have complained about the way their drawings behave when they switch time frames. The trend lines seem to act out of order.

The iOS version of the MT4 platform has earned a rating of 4.8 stars out of 5. Some iOS users have complained, however, that some of the features of the app are more difficult to use than in the desktop version.

The Strengths of the BlackBull Markets App

The app offers an impressive selection of basic and advanced features. Opening an order through the app is as easy as selecting the right asset, tapping it, and then selecting the new order option. From there, traders can set the variables of the trade, such as the order type, the TP/SL, the deviation, etc. Launching the trade is as easy as clicking the Buy or Sell button.

  • The app supports outstanding charting and technical analysis tools.
  • It offers a multitude of order types, such as instant execution, Buy Limit, Sell Limit, Buy Stop, Sell Stop.
  • It also supports a full set of trading orders.
  • Traders get real-time quotes of the Forex market through the app.
  • The platform offers a detailed trading history, giving traders a thorough insight into their past moves.

As mentioned, the charting features of the platform are outstanding. It covers all the technical analysis-related bases, as well as a few nice perks on the side, such as:

  • Zoom and scroll options for the interactive charts
  • 24 drawing tools
  • Sound notifications
  • Nine time-frames
  • Visual representations of pending orders, Stop Losses and Take Profits on the charts
  • Financial news to give a hand with fundamental analysis
  • Chart-based switching between financial instruments
BlackBull Markets Mobile App Screenshot 3

Special Features

Given that this platform is the most popular online trading platform in the world, supporting hundreds of brokers and having tens of millions of users, we can hardly talk about features that would surprise anyone.

As far as special features go, however, we enjoyed the ring-like on-chart quick menu that makes it possible for traders to switch time frames, add shapes, and select technical indicators in the blink of an eye, without ever having to look away from the chart.

Conclusion

MT4 is a trading platform with a rock-solid reputation. Millions of traders use it worldwide, and the feedback they give on it is overwhelmingly positive. The charting features of the MT4 mobile platform are unparalleled. The same goes for the order types it offers.

BlackBull Markets’ ECN trading conditions are great, as are the real-time quotes the platform delivers.

MT4 mobile supports scores of tradable assets and allows traders to switch between trading instruments, directly from the chart.

Traders can perform technical- as well as fundamental analysis directly through the platform.



XTB Trading App

XTB’s xStation mobile trading app looks good, it works well, and users seem to appreciate it. Moreover, the app does not log you out every chance it gets. Even if your phone goes into rest mode and exits the app, as soon as you tap it, you are back in the midst of the action. We have always found the constant logging out annoying with mobile trading apps. This one has addressed the issue.

As mentioned, the user feedback of the app is outstanding. More than 7,000 users bothered to rate the Android version, and they have rated it a 4.5 out of 5. The iOS version has accrued 1,500+ ratings. Its current score is 4.7 out of 5, which is also impressive.

What do users love about the XTB mobile app?

  • The charting is outstanding. It is easy on the eyes and it comes with some powerful technical indicators.
  • The overall layout of the interface is intuitive. Thus, it is a great fit for beginners as well as pros.
  • Trade execution is fast and on-point.
  • The app offers some superb unique features, such as its trading sentiment indicator.

There are, of course, some complaints about xStation mobile as well.

  • Some users feel that the developers designed the app to facilitate mistakes when opening positions. We cannot fully agree with this assessment.
  • In landscape view, the chart is bigger and more detailed, but the Buy and Sell buttons are not available. You need to switch back to portrait mode to use those.
  • Some people have issues with the loading of the app. Such problems are likely due to individual incompatibilities and technical issues.
  • After reinstalling the app, some users have lost their settings.
  • The lack of detailed reports regarding account activity seems to be a problem as well.

The size of the Android version of the XTB mobile varies from on device to another. It should not take more than a few seconds to download and install on any reasonably recent mobile device.

As usual, the iOS version is bulkier. At 74.6 MB is it still not too big as iOS apps go. The apps support several languages and national currencies.

XTB Mobile App Screenshot

What are the Strengths of the XTB Mobile App?

Besides the fact that it is loved by most of its users, xStation mobile belongs to a reputable brokerage.

  • It features excellent 24/5 support.
  • A free Demo version gives would-be traders a handsome amount of virtual currency to give the app thorough testing.
  • The app comes with several customizable features. It lets traders switch between light and dark themes, showcase their positions on the charts, etc.
  • It supports price alerts. You can set it to send you an alert when the price of an asset hits a certain level.
  • It is superbly transparent. The Trader’s Calculator details every variable pertaining to a trade before you open a position.
  • Comprehensive education is part of the XTB mobile trading experience as well.
  • The charting and technical analysis capabilities of the platform are outstanding.
XTB Bitcoin Mobile App Screenshot

How to Open a Position with the XTB Mobile App?

Placing an order is as simple as tapping on the asset of your choice, bringing up the chart, running your technical and fundamental analysis, taking a peek at the sentiment indicator, and then tapping the Buy or Sell button.

The app then asks for confirmation (you can remove this feature), and your position goes live.

The app details the spread and it allows you to set a take profit and stop loss before launching your order.

Special Features

Users can customize the dashboard of the app, adding their preferred tradable assets.

The most interesting feature of the app is the trading sentiment indicator. It gives traders an idea of how their peers feel about certain tradable assets. The Sentiments section showcases the sentiment scores of several tradable assets. This way, you get a bird’s eye view of what is bullish and bearish. You can get to the chart page by tapping on any of the assets in the Sentiments section. Launching your order is just a matter of a couple of taps from there.

XTB Mobile App Screenshot 4

The Economic Calendar feature is most welcome as well. Through it, you gain a much better understanding of the price-moving market dynamics.

XTB Mobile App Screenshot 5

The Education section features location-geared content, delivered in the national language of the country in which you are. This is a boon for most users, but it can be a pain if you are an expat who does not master the local language yet.

Conclusion

The XTB mobile app is a well-put-together mobile trading solution from a reputable brokerage. While it is not perfect, it is a great way to trade the markets on the go.

The overwhelmingly positive user feedback tells you all you need to know about the quality of this app.

Capex Mobile Trading App

Founded in 2016, Capex is a relatively young online FX/CFD brokerage. Despite its tender age, the broker is well-regulated, and its services are in line with the expectations of most of its users.

In 2018, Capex picked up several awards. The speed of its growth up to that point had been impressive. The quality of its dealing room and the transparency of the operation also made waves in the online trading industry.

The mobile side of Capex’s brokerage reproduces well the functionality of the desktop/web-based trading platform. The mobile apps are available in Android and iOS versions, offering similar features.

Capex Mobile Trading App

What do users appreciate about Capex’s mobile apps?

  • Most users think that the mobile apps are easy to use, with simple and highly functional interfaces. The apps do not offer a way to contact Capex support directly, however.
  • The platforms are easy to navigate, and offer a good selection of tradable assets.
  • The apps are beginner-friendly.
  • Capex support takes good care of clients, even those with small accounts.
  • Some users believe that Capex’s apps are hands-down the best apps the industry currently has to offer.
  • Many have praised the trading tools Capex has made available through its mobile apps.

While the overwhelming majority of user feedback on the App Store and Play Store is positive, there are always a handful of complainers. What do users not like about Capex’s mobile apps?

  • For some reason, some Capex users have perceived the Capex mobile apps as poorly suited for beginners.
  • Others have called the customer service unsatisfactory.
  • A few others have found the old version of the app better than the current one.

The Google Play Store rating of the platform is just 3.8 out of 5 stars, although the majority of the feedback is positive.

iOS users like their version of the platform more. They have granted it a rating of 4.5 out of 5. They have found the platform unique, fun, well-designed, and well-suited for technical analysis.

Why would you want to use Capex’s mobile platforms instead of other brokers’ mobile solutions?  

  • The broker is well-regulated. It is registered with an impressive selection of local regulatory authorities and regulated by Cyprus’ CySEC. The corporate entity behind the Capex brand is Key Way Investments Ltd, possessor of CySEC license #292/16. This license makes Capex MiFID-compliant.
  • The broker offers a great selection of tradable assets through its mobile apps.
  • Most users find the apps fun and simple to use.
  • The broker keeps its traders’ monies in segregated accounts. It is also a member of the Investors Compensation Fund.

The Strengths of the Capex Mobile Platforms

Capex’s mobile apps allow the opening and closing of trades, and support deposits and withdrawals. They are standalone solutions to mobile trading and not some complementary extensions of the desktop/web platform. Through the apps, traders can create and implement their risk-management strategies.

  • The app offers over 2,000 tradable instruments. To make heads and tails of such a generous selection, it gives traders many tools to group and categorize the assets. It lets users create personalized watchlists. In addition to that, it features separate sections for Top Risers, Top Fallers, Top Volatile, Top Traders Trend, 7 Days Uptrend, 7 Days Downtrend, and other assets.
  • The broker has made available some of the world’s most popular assets through CFDs, such as oil, gold, bitcoin, silver, Facebook, etc.
  • Capex’s trading conditions are excellent. The spreads are tight, and the leverage is generous.
  • The broker offers negative balance protection.
  • The mobile apps allow for the handy monitoring of all relevant variables of a trade, such as margin, equity, and balance. The app features a detailed trading history.
  • On OTC markets, Capex supports commission-free trading.
  • The charting features are excellent. Remember to look at your charts in landscape mode to get the most out of them.
  • Customer support is available in 21 languages.
  • Traders using the mobile apps have several deposit options at their disposal.
  • Capex supports one-click trading coupled with superb trade execution.
Capex Mobile Trading App
Ca

Special Features

The Capex mobile apps acquit themselves well of trader expectations. That said, they do not excel in the special features department.

In addition to the trend-based asset categorization, the broker also offers a Demo account that hands traders $10,000 in virtual money. To access the Demo account, download and install the app, tap the options button in the bottom right corner, and select Switch to Demo. If you decide to make a real money deposit, you can switch back to real money in a similar way.

Conclusion

Capex’s mobile platforms work as advertised and as one would expect a modern mobile trading app to work. They offer superb charting, many interesting trading tools, and access to news to aid with technical analysis.

The public loves the apps. Feedback on the available features is plentiful and mostly positive.

Downloading and installing the apps takes a few seconds. Once you complete the verification process, you can start to trade for real money.

Capex’s trading conditions are great, and its execution is outstanding.



FBS Mobile Trading App

FBS is one of the older brokers. Established 12 years ago, it has grown into a mainstay of the online trading/CFD scene. It is present in 150 countries, and it has entered into partnerships with some of the world’s top football clubs.

  • It is the main partner of Leicester City.
  • It acts as the official trading partner of FC Barcelona.

FBS has earned many accolades and industry awards. Thus far, more than 17 million clients worldwide thought FBS worthy of their trust.

  • In 2018, the brokerage won the Most Transparent Forex Broker Award.
  • In 2017, it picked up an award for its exhaustive and well-put-together education section.
  • In 2016, its outstanding customer service earned it another award.
  • Overall, the broker can boast 60 international industry recognitions.
FBS Mobile App Screenshot

What are FBS’ strengths besides experience and a good reputation?

  • The broker is a regulated entity that can operate legally in most global jurisdictions.
  • It offers its clients negative balance protection.
  • It takes input from the client to decide the former’s level of Forex trading experience. It then only lets clients create account types that suit their expertise.
  • FBS offers 24/7client support in a wide range of languages.
  • The broker has implemented a rich selection of trading tools and features that give users full control over their trading accounts.

FBS signs up more than 7,000 real traders every day.

The broker’s support staff solves a client’s request for assistance every 30 seconds. The average response time of the FBS support is 30 seconds.

The broker’s client retention is impressive. Over 80 percent of its traders decide to continue using FBS’ services after their first contact.

Although there are risks involved in online trading, many of FBS’ traders are profitable. According to the official site of the broker, a client makes a profit withdrawal every 20 seconds.

What do people like about FBS? The majority of user reviews at portals like Trustpilot are positive.

  • The live chat support of the broker is popular with many clients.
  • FBS maintains a Telegram channel, where its in-house pros offer technical and fundamental analysis that many users appreciate.
  • Many feedback providers say that they never had problems withdrawing their profits from FBS.
  • The education section of the website is popular as well. Traders seem to love FBS’ webinars.

The negative feedback tends to focus on real or alleged withdrawal problems.

FBS is a regulated broker with licenses from the IFSC of Belize and Cyprus’ CySEC.

The Strengths of the FBS Mobile Trading Platform

FBS’ trading platform is proprietary, and the same goes for the mobile version, which is available for free for Android and IOS-based devices.

FBS Mobile App Screenshot

The main selling point of the FBS mobile platform is simplicity. The broker claims that its trading platform is as powerful as MT4 but much simpler. Why would you want to trade through this proprietary platform?

  • The FBS mobile platform offers access to a wide selection of the most traded instruments.
  • The mobile platform covers Forex trading, metals, and other commodities, as well as a special selection of cryptocurrency-based CFDs.
  • The app is easy on the eyes and graphically pleasing. It is also highly functional.
  • FBS’ mobile app lets traders manage their orders and account settings easily.
  • Traders can also use the app for technical and fundamental analysis on the go.
  • The app takes up a little more than 10 MB of space, and traders can download/install it within a few seconds.
  • FBS’ mobile app supports Take Profits and Stop Losses.

Traders can use the mobile platform to make instant deposits and withdrawals through all the methods the broker supports, such as:

  • Neteller
  • Wire transfers
  • Skrill
  • Bank cards

Special Features

The technical analysis features of the mobile platform are simple and impressive. As soon as you start up the app, it offers to take you through its features step-by-step while giving you access to excellent educational material for beginners and pros.

Through the mobile app, traders can access a handy economic calendar. By using this calendar, they can do some fundamental analysis and stay on top of tradable real-world events as they unfold. The calendar supports filters through which you can select the economic events that present interest to you.

FBS Mobile App Screenshot

The interface of the calendar offers valuable information on the current and forecasted impact of the event on trading instruments and currency prices.

The mobile app is available in Demo mode. This mode lets traders test all of its features, providing 10,000 units of virtual currency for trading.

Conclusion

FBS is excellent for mobile trading. Its trading platform may be proprietary, and it may not have the clout or reputation of MT4, but it works well and is great for technical and fundamental analysis.

The broker is regulated, and its reputation among traders is good. The selection of “legacy” tradable assets on the platform is good. But when it comes to trading cryptocurrency-based CFDs, FBS is second to none.



Happy trading!

Please share all the comments you might have on these trading apps in the comment field below. Which is the best trading app in Malaysia according to you? And do you feel that the best trading app for beginners would be the same app?

Please comment below


  1. I’ve been reading a lot and watching plenty of YouTube video tutorials on how to do forex copy trading. I hope to learn soon and start trading myself.

Your email address will not be published. Required fields are marked *