Best Stock Trading Apps

The best stock trading apps may seem impossible to discern with the current market saturation. Like most things in today’s technology-absorbed world, trading and investments have become an everyday activity via mobile and portable devices. The top and safest stock trading apps in the world are easy to navigate, secure and offer the full experience found on desktop devices. This review will discuss some of the best stock trading apps, including those offering penny stocks and virtual trading options. We will also outline how to compare trading applications and the key differences vs desktop trading. Below is a list of our top-rated mobile stock trading apps.

Best Stock Trading Apps

These are the 5 top apps for stock traders based on our findings:

  1. AvaTrade - iOS & Android
  2. Deriv.com - iOS & Android
  3. Pepperstone - iOS & Android
  4. XM - iOS, Android & Windows
  5. IC Markets - iOS & Android

Best Stock Trading Apps Comparison

Best Stock Trading Apps Comparison
Broker iOS Rating Android Rating Minimum Deposit Regulators Visit
AvaTrade logo
- ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM Visit
Deriv.com logo
$5 MFSA, LFSA, VFSC, BFSC Visit
Pepperstone logo
$0 FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB Visit
XM logo
$5 ASIC, CySEC, DFSA, FSC, FSCA Visit
IC Markets logo
$200 ASIC, CySEC, FSA Visit
Eightcap logo
$100 ASIC, FCA, xCySEC, SCB Visit
LiteForex Europe logo
$50 CySEC Visit
DNA Markets logo
$100 ASIC Visit
FOREX.com logo
$100 NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA Visit
eToro logo
$50 FCA, ASIC, CySEC, FSA, FSRA, MFSA Visit
RoboForex logo
$10 IFSC Visit
IG logo
$0 FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA Visit
Quotex logo
$10 - Visit
Vantage logo
$50 FCA, ASIC, FSCA, VFSC Visit
FxPro logo
$100 FCA, CySEC, FSCA, SCB, FSC Visit

#1 - AvaTrade

Why We Chose AvaTrade

AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere.

"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."

- DayTrading Review Team
  • Mobile Apps: iOS & Android
  • iOS App Rating: 4.3 / 5
  • Android App Rating: 4 / 5
  • Demo Account: Yes
  • Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
  • Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
  • Automation: Yes
  • Bonus: None

Stock Exchanges

AvaTrade offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • Deutsche Boerse
  • Euronext
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • Russell 2000
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

#2 - Deriv.com

Why We Chose Deriv.com

Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users.

"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

- DayTrading Review Team
  • Mobile Apps: iOS & Android
  • iOS App Rating: 4.2 / 5
  • Android App Rating: 4.5 / 5
  • Demo Account: Yes
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Minimum Deposit: $5
  • Automation: Yes
  • Bonus: None

Stock Exchanges

Deriv.com offers trading on 5 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Dow Jones
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange

#3 - Pepperstone

Why We Chose Pepperstone

Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. Despite the absence of a proprietary app, these platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.

"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."

- DayTrading Review Team
  • Mobile Apps: iOS & Android
  • iOS App Rating: 4.4 / 5
  • Android App Rating: 4.1 / 5
  • Demo Account: Yes
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Automation: Yes
  • Bonus: None

Stock Exchanges

Pepperstone offers trading on 22 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

#4 - XM

Why We Chose XM

XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand.

"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."

- DayTrading Review Team
  • Mobile Apps: iOS, Android & Windows
  • iOS App Rating: 4.7 / 5
  • Android App Rating: 3.9 / 5
  • Demo Account: Yes
  • Regulator: ASIC, CySEC, DFSA, FSC, FSCA
  • Platforms: MT4, MT5
  • Minimum Deposit: $5
  • Automation: Yes
  • Bonus: $30 No Deposit Bonus When You Register A Real Account

Stock Exchanges

XM offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

#5 - IC Markets

Why We Chose IC Markets

IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView  platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.

"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."

- DayTrading Review Team
  • Mobile Apps: iOS & Android
  • iOS App Rating: 3.1 / 5
  • Android App Rating: 4.2 / 5
  • Demo Account: Yes
  • Regulator: ASIC, CySEC, FSA
  • Platforms: MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
  • Minimum Deposit: $200
  • Automation: Yes
  • Bonus: None

Stock Exchanges

IC Markets offers trading on 12 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500

What Are Stock Trading Apps?

Before we can compare the best stock trading apps, we should discuss what they are. A stock trading app is a piece of computer software designed to run on a mobile or portable device, such as a phone or tablet. Applications allow users to perform specific tasks while on the go. Today, convenience and accessibility are paramount behind the introduction of apps to the online trading world, gone are the days that investors across the globe were reliant on desktop servers for the latest price movements.

Originating in the 19th century, traders were initially dependent on a printing telegraph using alphabetical characters. In 1867, a modification of the telegraph system was specifically modified for the stock market. This allowed investors access to recent price information without having to be present at a stock exchange. This so-called ‘stock ticker’ was used until the 1960s, before being replaced by computers and data networks.Best apps for learning stock trading

The best apps today for daily stock trading allow investors to access direct-to-market information from devices wherever they are. Traders can access all education, news, transaction history, payment methods and more, directly from a portable device. All that is required is an internet connection. Today they have become an integral part of the modern-day investor. Even the most experienced traders have welcomed mobile trading to their everyday routines, with the latest information being accessible 24/7. The apps are generally a dialled down version of platforms found on desktop devices. Existing accounts can be connected and used interchangeably between desktops and applications.

Stock Trading Apps Vs Desktop Clients

It is becoming increasingly important for day traders to be continuously active and present, particularly when trading in a highly volatile market. Because of this, there is a growing need for constant access to live investment accounts, 24/7. So, let us understand the main differences between trading with desktop clients vs the best stock trading apps.

Visual Limitations

A desktop monitor will always be the first choice to view technical analysis tools and charts. Subtle details may be more difficult to observe on a stock trading app, particularly when viewing on a smaller smartphone. Interactive charting will be important here. Ensure that the mobile stock trading app of choice allows for zooming, scrolling and resizing where necessary.

Always On

The best stock trading apps allow for complete account management, wherever you are in the world. Gone are the days that trading can only take place whilst sitting at a desk in front of a monitor. Stock trading apps have allowed traders to connect wherever and whenever with just a requirement of a stable internet connection. Set price alerts or notifications to ensure you never miss out on an opportunity again.

Execution

Technology advancements have allowed global brokerages to employ the best server systems. Traders can now access almost instant trade execution speeds from a desktop device. This is not always the case for mobile clients, even on the best stock trading apps, due to the parameters required to select and execute investment orders.

How To Compare The Best Stock Trading Apps

There is an abundance of mobile trading applications available. Choosing the right one can be difficult and there are many factors to consider. Check out the top parameters we recommend comparing below.

Chart Types

Access to mobile charting is vital to succeeding with online stock trading via apps. Those that provide virtual charts with the same level of customisation offered on desktop devices will be superior. The three main types of technical analysis charts are; bar, line and candlestick. These will help you make informed decisions across forex, commodities, stocks and indices markets. Watch out for those apps that provide interactive charting with the ability to drill into information.

Security Technology

Downloading a stock day or long-term trading app adds a security layer as personal details must be registered, reducing the likelihood of hackers. The best stock trading apps use additional password protection options, such as two-factor authentication (2FA). Login options with fingerprints or face identification also provide an additional step to enhance the safety of trading via an app. This is particularly important on a portable device with the additional risk of theft or data privacy hacking. Always log out of trading accounts at the end of a session on a mobile app.

Sophistication

The best stock trading apps will enhance your overall experience, supporting decision-making and guiding informed choices. Mobile trading applications should not bombard traders with information, yet provide easy navigation to materials and data like market updates, trends, news updates and price tickets. App interfaces should offer clear navigation tools with digestible information. It should be simple to trade and view technical analysis tools.

Accessibility

The majority of the popular app providers grant access to both iOS and Android users. Nevertheless, some apps will differ in terms of interfaces. The TD Ameritrade mobile app, for example, has been recognised as falling short of expectations with its inferior APK interface and functionality. It is worth checking reviews to make sure your choice of device won’t impact your access to all the features.

Assets

The best mobile trading apps will provide a variety of tradable instruments and assets across several markets. Being able to access varied trading instruments within one application will be advantageous vs several apps or accounts with different brokers to create a diversified portfolio. Assets may include stock trading, crypto, penny stocks, commodities and more.

Safety

Cybersecurity vulnerabilities are a major concern when using even the best stock trading apps. The safety of the app will be determined by where it is downloaded and the developing institution. Always download applications from recognised names such as Google Play or the Apple App Store. Look out for strong app source characteristics, including well-developed terms of service, a comprehensive troubleshooting FAQs section and easy-to-find contact information. Some of the most secure stock trading apps today include Robinhood and Acorns.

Regulation

As with stock market trading via an online broker, it is best practice to ensure that a mobile app is authorised and regulated by an established financial body. The best stock trading apps in the UK will be regulated by the Financial Conduct Authority (FCA). Under this authorisation, traders can be assured of negative balance protection, access to compensation schemes and data privacy via AML and KYC protocols. Other well-regarded regulators across the world include CySEC, ASX, and FINRA. To qualify for a regulatory license, mobile trading apps must follow stringent security measures aimed at keeping client funds safe.

Execution Speed

The best stock trading apps will provide instant action to allow investors to enter a trade. The execution should be as efficient as trading on a PC device such as a Mac. The payment collection should also be prompt, with instant fund clearance for electronic payments. The fastest trading platforms include TradeStation, Interactive Brokers and TD Ameritrade.

Fees

The top brokers tend to offer a commission-free trading environment. This is great for traders wishing to execute regular investments. The best free stock trading apps for beginners and experienced traders will also not charge non-trading fees. This includes inactivity charges, account maintenance, deposit and withdrawal fees, or an app download charge.

Pros Of Stock Trading Apps

Cons Of Stock Trading Apps

Final Word On The Best Stock Trading Apps

Although the best stock trading apps have significant advantages, including constant accessibility, there is a complementary relationship between desktop and mobile platforms. Both offer favourable trading conditions which will result in a better trading environment for certain markets, strategies and users. Be sure to check out our list of 2024‘s best stock trading apps, here.

FAQs

What Are The Best European Stock Trading Apps?

The best stock trading apps for residents in Europe include Saxo Bank and Degiro. Both apps are user-friendly, offer 2-factor authentication and technical analysis tools. These are both available to traders from Germany, UK, Ireland and more in 2024. Global reach includes Australia, Malaysia and UAE.

What Are The Best Stock Trading Apps For Beginners?

The best stock apps for beginners include Webull, SoFi and Robinhood. All offer a basic investing option with self-directed navigation and automated options.

What Are The Best Apps For Stock Market Trading In India?

The best stock trading and virtual stock option trading apps available to traders in India include Zerodha KITE, Upstox Pro and Angel Broking. These have positive customer reviews logged throughout 2024.

What Are The Best Stock Trading Apps With No Fees?

Recognised stock trading apps with commission-free trading options include E*Trade, eToro, Robinhood and Firstrade. Although these offer no trading fees, it is important to understand and compare the other features available.

What Are The Best Stock Trading Apps Available In The USA?

Top-rated trading applications available in the USA include Robinhood, Fidelity and Webull. All offer advanced search functionalities, login security and user-friendly interfaces and navigation systems.