Albion Online is in a closed beta right now. In GDC 2016, the developer offered a brief look at how the touch interface of Albion Online is going to work. No kidding, it's exactly like how it works on a PC with a mouse. One major correction from this video though, Albion Online is going to be universal. The experience likely won't be as great on the iPhone, but you will be able to play it on any device.
The followings are another three videos of what high-level Albion Online play looks like:
Open World PvP
Hellgates PvP
GvG
The followings are another three videos of what high-level Albion Online play looks like:
Open World PvP
Hellgates PvP
GvG