BabyPips is an educational application for Android that allows users to study information on how the forex market works. The content is mostly oriented towards individual traders.
Studying
Users can access study materials related to online trading. Similar to SHiFT, here it is possible to learn courses and have a clear picture of how the forex market works. There are reviews and news on different topics.
The application allows you to monitor your progress. It is possible to see what you have learned so far. There are trading quizzles that help you test your knowledge. Thus, you can see which topics you have to focus on more.
Tools
There is an Economic Calendar that shows you significant news releases or events which may affect the currency exchange rates. This is helpful when you would like to avoid risks and keep your funds safe.
Moreover, the application provides access to forex market hours. This feature allows you to know about main trading sessions. Last but not least, there are various calculators that tell you about your wins and losses.
Community
It is possible to join a community and have talks on interesting topics. Users may find like-minded people and learn courses together. This also helps to create a competitive atmosphere so that everyone can study more and achieve their goals.
Features
- allows to learn online trading;
- necessary to sign in to access study materials;
- there are useful tools;
- app is free to download and use;
- compatible with current Android versions.