We want you to trade hand in hand with regulated companies. Reliable and reliable brokers. That's why at OkBrokers we try to make available the best online brokers and, in this article, we tell you what are (in our opinion) the 7 best trading apps.
The analyses of all the trading applications that we are going to list are available on our website. Visit the ‘Online Brokers' tab and learn about its main features. As always, we recommend that you do not be in a hurry, analyze each of the possibilities and start investing when you know the tool and consider that you are prepared. Patience is one of the essential qualities of successful traders.
The best apps to trade
In the opinion of our editors, these are the brokers that offer the most interesting and effective trading apps when trading online.
1. eToro
What to say about the social trading broker par excellence: eToro. Also suitable for iOS and Android, and with its own platform, the online trading app offers the possibility to invest in stocks and ETFs (with 0% commission), cryptocurrencies and CFDs. Millions of users from more than 140 countries have chosen eToro for their investments thanks to their trust, privacy and security.
*CFD service. Between 65% and 76% of traders lose money.
It makes copy trader available to its users. An ideal function for the little showers in the field, which replicates the investments made by the most successful traders. As noted on their official website, the average annual profits of the 50 most copied investors in 2019 were 29.1%.
2. XTB
There are several online trading platforms that you can access through XTB. These include: xStation 5, xStation Mobile. With XTB you can invest with CFDs on Forex (48 currency pairs and spreads from 0.1 pips), indices, commodities (no position maintenance costs), spot stocks, ETFs and cryptocurrencies.
*CFD service. Up to 80.6% of traders lose money
There are two types of accounts: Standard and Pro. Among the main differences, the first allows instant and market execution and the second only market. In addition, the former has no commissions on Forex, indices and commodities and the second does: from 3.50 euros a lot.
3. IQ Option
It can be used on MacOS, Windows, iOS, Android and Linux. The types of assets available are currencies, cryptocurrencies, precious metals, indices and stocks. The minimum transaction is 1 euros and the withdrawal methods are Visa/MasterCard, Bitcoin, Neteller, Skrill and Webmoney. IQ Option was created in 2014 and currently handles operations worth $20 million.
*CFD service. Up to 80.6% of traders lose money
It offers a free demo trading account with a virtual deposit of 10,000. Its level is noted for the awards that populate its shelves: Award of Excellence 2017 (of the Academy of Interactive and Visual Arts), Century International Quality Gold Era Award (of the Business Initiative Directiones Group) and the Best Investment Platform (award achieved at the 2014 Forex Awards).
4. XM
XM, another of the best trading platforms, makes two platforms available to mobile users: MT4 and MT5. Both are available for iPad, iPhone, Android and Android tablet, as well as, of course, for PC and Mac. XM is a good choice if you are looking for a Forex broker (more than 55 global currency pairs), CFDs of indices, commodities, stocks, metals and energies.
*CFD service. Up to 80.6% of traders lose money
In total, more than 1,000 trading instruments with 0.0 spreads from just 0 pips. At the user's disposal it has personal account managers, access to Forex market research, free access to webinars, unlimited access to video tutorials, Forex trading signals, daily technical analysis and 24/5 customer service. It also offers a demo account with a virtual balance of $100,000.
5. IC Markets
If you want to trade Forex from your mobile device, IC Markets is an excellent choice. Through this online broker you can have MetaTrader 4 and MetaTrader 5 for Android, iPhone and iPad. With these platforms on your mobile or tablet you will get Real-Time Forex quotes and CFDs, fullrange of trading orders – including pending orders – trades directly from charts, support for all types of execution modes, full trading history and interactive real-time zoom and scroll charts.
*CFD service. Up to 80.6% of traders lose money
In addition, the trader will be able to consult more than 30 technical indicators of the most popular, multiple timeframes to analyze stocks and price patterns, three types of charts: bars, Japanese candlesticks, line, and adjustable configuration of technical indicators.
6. AVATRADE
We continue with the list of the seven best apps to do online trading with AVATRADE. You have created your own platform for both iOS and Android: AvaTradeGo. With it, the user will enjoy all the advantages of MT4 and will carry out additional actions such as registration, deposits, social trading notifications and much more.
79% of customers lose money. Make sure you can take on the possible losses.
Some of AvaTradeGo's main features are the ability to receive real-time news and trends, directly from your phone and advice for various trading services until you have control of the application. All this combined with the security offered by the various licenses that this broker holds and that are granted by many international regulatory bodies.
7. Plus 500
Available for both Android, iPhone and iPad, thanks to its own platform. It is an online trading broker that has been offering its services to a large number of traders for years. Its figures in 2019 leave no doubt: more than 35 million open positions, more than 200,000 active clients and more than $1.31 billion traded.
76.4% of CFDs retail accounts lose money when trading with this broker.
It allows you to trade Contracts for Difference (CFDs) leveraged on stocks, Forex, indices, commodities, ETFs, options and cryptocurrencies. Among many other features, it has an unlimited and free trial account and bilingual professional support 24/7.
The information presented here about Plus500CY Ltd. and its services is purely generic and derives from reliable sources publicly available or received from Plus500CY Ltd. (entity authorized to operate in Spain through the passport regime, reg. 3848).
Summary of the list of trading apps
These are our favorite trading apps. All are free, work on Android, IOS and Windows devices and also allow you to create a demo trading account. Don't forget to leave yours in the comments.
