We’ve reviewed all the trading apps on the market to bring you the best ones. We provide unbiased reviews, bonuses, ratings and downloads for all the top trading apps.
A trading app is an application where you can trade financial markets. This allows users to trade on-the-go as well as being able to quickly access markets and execute a trade. Trading apps are becoming increasingly popular due to their slick functions and advanced features which you can’t get with traditional trading brokers.
There is a wide range of trading apps available on the market for different markets and countries.
These apps are for trading the foreign exchange markets (Forex). The often provide a varied range of leverage on currency pairs as well as charting tools and other useful features.
Stock apps are for those who wish to trade the stock markets. Most stock trading apps allow you to trade all the well-known stocks & shares along with smaller ones with potentially high profit potential.
The exponential rise of cryptocurrency over the past few years has led to an increased demand for apps which provide traders with a place to trade crypto. Most of the time, these apps offer spot trading and occasionally, they offer future contracts (derivatives).
Commodity trading is an evergreen market and therefore, it is an extremely popular trading market. Many trading apps on the market offer leveraged commodity trading.
Index trading apps are apps which let you trade many different instruments at once, all within one app.
All of our trading app reviews are unbiased and comprehensive. Our mission is to bring you the information you need, without all the extra clutter. So, how do we review trading apps?
We use the most current smartphones to test the best trading apps, we do this to see if the apps are optimised for new devices and more importantly – if they work!
We’re currently testing all trading apps on an iPhone 11 for IOS reviews and a Samsung Galaxy S10+ for Google Play (Android) app reviews.
We use the same internet connection for each review to get a true understanding of the app speed. Speed is extremely important when it comes to trading as this can be the difference between a profitable & unprofitable trade.
Firstly, we download the app on an IOS & Google Play Store device for the trading platform we are reviewing.
Next, we register for a standard account on the trading app. Here we take note of how long the process takes along with the required steps. In addition, we use this step as an opportunity to test out the customer support and asking for help filling in the registration form.
Security is paramount when it comes to trading apps. Once we’ve downloaded the app and registered, we then test how secure the sign in process is. Some of the questions we ask ourselves are; ‘Has the app got the latest security methods (FaceID, 2FA etc.)?’, ‘Does the app automatically sign out after every session?’.
We then deposit the minimum amount possible on the trading app in question. As standard, we use a Visa card and if it is not available as a deposit methods, we use the next most popular method. The purpose of this step in the app review process is to see how easy it is deposit and how long it takes.
This is the part we’re really interested in – the trading experience of the app. We open a regular trade for the minimum amount on the said trading app. What are we looking at on this step?
Now that we’ve made a (un)successful trade on the platfrom – we test the support options on the app to see how quickly we can get an issue resolved. For the purpose of the review, we use the same question for each support request to make the test fair.
One of the most important things people value in a good trading app is how easy or not it is to withdraw from the app. For this part of the review test – we withdraw the remaining balance of our account and take note of how easy the process is along with how long the withdrawal takes to show in our account. To make it a fair test – we use the same bank account, withdrawal method and complete it on the same day/time of the week (working day).