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Best trading app UK 2024

The financial world and the way to trade the stock markets have significantly changed over the past few decades. Evolving smartphone technology has caused each investment platform to adapt to form the best mobile app. Which are the best mobile trading apps in the UK? Do the best sites for trading also have the best stock trading apps? Do you want to trade stocks, forex or CFDs?

We reviewed a number of stock market apps, from different brokers, among others, apps from Saxo Bank, Alpari International, FXPro and HotForex that didn’t make the list below. Which is the best trading app UK in 2024? Based on our reviews, we found that the best trading app in UK is eToro. And then IG and PrimeXBT also got their apps in the top three trading apps in the UK market, whereas eToro also has the best investment app for beginner investors.

Here is our list of the three best trading apps in UK:

Editors Choice
SIGN UP 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Runner-up
SIGN UP 64% of retail investor accounts lose money when trading CFDs with this provider.
3rd Best Choice
SIGN UP Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

When we are making the decision about which app to use and which broker to put our funds with, what should we be looking for when we review an app? For some traders it will be the ease of use as a key factor, is it a user-friendly and simple app? But other active traders will want to be able to do lots of in-depth technical analysis whilst they are on the go. If that is you, then you would want an app that has amazing tools for charting, allowing you to have all the functionality that the desktop platform has available. You would probably want the app to be able to sync with the desktop platform.

Is fundamental information and asset classes important in a stock trading app?

For other traders though it could be paramount to have access to fundamental information, news headlines, and reports, that can assist you with your trading strategies. Or you might pick your app or your broker simply on the number of different assets that are available for you to invest in or trade. Other active traders, such as experienced investors, might be very sensitive to how wide the bid/offer spread is or the trading volume permitted.

Depending on your approach and your trading style you will no doubt have differing views on these different factors. But whatever your goals, your needs, and requirements, you should definitely pick your stock trading app and your broker carefully. Getting the right trading and investing app for you might be the difference between failure and success as you make your way through the trading and investing world.

Comparison of the eight best mobile trading apps UK

We have wonderful news for you as a trader. All the nine stock trading apps in the list below are completely free to download. These nine best mobile trading apps for UK are furthermore run by brokers that are correctly regulated. But as always with trading stocks, never invest more than you can afford to lose. Below you can read our reviews of the top nine stock trading apps in UK:

eToro Social Trading App

eToro Quick Facts
Regulated by: FCA, CySEC, ASIC, FSAS
Founded: 2007
Min. Deposit: $100(value may vary according to region)
Active Clients: 15,000,000
HQ: UK, Cyprus, Australia, USA
Payment Methods: Bank Transfer, Rapid transfer
Fees: $5 withdrawal fee. Inactivity fee $10/month.
Pros:
- Fast withdrawal
- 0% commission on US stocks. Other Fees Apply
- Real Cryptos, Stocks
Cons:
- No phone support
- There are some hidden fees even though it is advertised as zero-commission trading.
Score:
5/5
99/100
Best trading app - eToro

The best mobile trading app in the UK because of its social component (copy trading) combined with the best functionality and ease of use. The social component means that you can get access to a community of professional traders who might be trading in the same asset you’re contemplating and thus you can learn from them and copy their trades. For beginners, eToro is a top choice as a trading app.

eToro’s free stock trading app supports real money trading as well as a virtual portfolio. Through this, traders can put their skills to the test risk-free. eToro is a well-regulated broker (regulated by FCA, CySEC, ASIC and FSAS) that has been around since 2006 and the mobile app has been available for many years now. The app has been installed by more than 1 million users and in total eToro has more than 15 million active clients. eToro’s market coverage is extensive, encompassing major asset categories such as stocks, cryptoassets, commodities, ETFs, indices, and a wide selection of currency pairs. Read our full review of eToro Mobile Trading App here…

Open Account Download App 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Saxo Bank Trading App

Saxo Bank Quick Facts
Regulated by: FCA, ASIC, SFC, JFSA, MAS, FINMA
Founded: 1992
Min. Deposit: $0
Active Clients: 100,000+
HQ: Denmark
Payment Methods: Bank Wire, Debit Card, Stock Transfer from other provider
Fees: Trade less than 50,000 units (half of one standard lot) per month and you are charged $3 per side.
Pros:
- 71,000 tradeable instruments
- Highly Regulated
- Very good educational material
Cons:
- Trading platform takes time to get into

Score:
5/5
99/100

Saxo Bank is a solid, well-regulated, and trustworthy European banking entity. It observes strict operating procedures and offers outstanding investor protections. The SaxoTraderGO apps are reliable, functional, and useful for trading on the go.

The SaxoTraderGo mobile trading apps deliver standard functionality in every regard. If you’re an experienced mobile trader, you will find everything where you know it should be.

The mobile platforms allow traders to place and manage their trades on the go. They give them access to integrated charts, complete with a great selection of technical indicators, drawing tools, and time frames. In addition to everything they need for technical analysis, the apps give traders access to news, allowing them to couple their technical skills with fundamental analysis for optimal results. Read our full review of Saxo Bank Mobile Trading App here…

Open Account Download App 64% of retail investor accounts lose money when trading CFDs with this provider.

IG Mobile Trading App

IG Quick Facts
Regulated by: FCA, BaFin, ASIC, FINMA, MAS, DFSA, FSCA, JFSA, FMA, NFA, BMA
Founded: 1974
Min. Deposit: £250
Active Clients: 178,000+
HQ: London, UK
Payment Methods: Credit/Debit cards, Bank Wire, PayPal, FPS Hong Kong Dollars
Fees: Inactivity
Pros:
- Founded in 1974
- One of the most trusted brokers in the world
- Very well regulated
Cons:
- Manual configuration is necessary.
- Only offers 80 tradeable instruments.
Score:
5/5
99/100
IG Mobile App Screenshot

IG is a reputable brokerage that has been providing the British public with investment opportunities since 1974.

The organization is publicly listed, and it is a FTSE 250 constituent. The international side of IG’s brokerage business belongs to IG International Limited, a member of the IG group. The organization has an operating license from the Bermuda Monetary Authority.

IG is regulated by FCA, BaFin, ASIC, FINMA, MAS, DFSA, FSCA, JFSA, FMA, NFA, BMA which is pretty much the entire world. Read our full review of IG Mobile Trading App here…

Open Account Download App Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

PrimeXBT Mobile Trading App

PrimeXBT Quick Facts
Regulated by: SVGFSA (Saint Vincent), ASIC
Founded: 2018
Min. Deposit: 0.001 BTC
Active Clients: 100 000+
HQ: St. Vincent and the Grenadines
Payment Methods: Bitcoin, Credit Cards
Fees: The trading fee for forex, indices and commodities is 0.0001% and 0.05% for crypto assets. Our broker also charges a withdrawal fee of 0.0005BTC, 0.00007 ETH, 0.8 USDT, 0.5 USDC, 2 COV
Pros:
- Up to 1:200 leverage on crypto assets
- Available in 15 languages
- 24/7 Live chat support
Cons:
- No MT4 or MT5 support.
- No phone support.
Score:
4.9/5
98/100

The PrimeXBT mobile apps boast the same capabilities as the no-download, web-based desktop platform that runs on PCs. The compatibility of the trading platform is superb, and its capabilities are impressive. The charting tools the trading platform offers allow for professional-level technical analysis. You can use a plethora of technical indicators, from various oscillators to moving averages, price channels, parabolic SAR, pivot points, etc.

PrimeXBT Trading Services Ltd was founded in 2018 and is financially regulated by ASIC and SVGFSA. It provides live chat support 24/7. The PrimeXBT mobile app also allows you to trade stocks and the crypto markets on the go without submitting sensitive personal information. You can just deposit and withdraw value in crypto. The minimum deposit is 0.001 BTC. Read our full review of PrimeXBT Mobile Trading App here…


AvaTradeGO Mobile Trading App

AvaTrade Quick Facts
Regulated by: Central Bank of Ireland; ASIC; FSCA; FSA; B.V.I; ISA; ADGM
Founded: 2006
Min. Deposit: $100
Active Clients: 10,000+
HQ: Ireland
Payment Methods: MasterCard, VISA, JCB, Paypal, Neteller, Webmoney, Skrill(Not AUS or EU) And many more. See info below.
Fees: None
Pros:
- Fast order execution
- Tight spreads
- Zero commissions
Cons:
- Max Leverage 1:400
- Not FCA Regulated
Score:
4.9/5
97/100
Best trading app - AvaTradeGO

The app AvaTradeGO is very well liked by traders giving it overall very positive user feedback. The app is liked primarily because of the quick download, the offering of a direct chat option with AVA support and a revolutionary risk management tool. Additionally, it also offers access to more than 250 tradable assets and feature leverage of 1:30 on some of these assets.

The AvaTradeGo Mobile App offers fast order execution and tight spreads. AvaTrade is very popular globally and has an outstanding forex trading offering as well as a large variety of CFD instruments. The company was founded in 2006 and is regulated by, among others, the Central Bank of Ireland, ASIC, FSCA and FSA. The AvaTradeGo App provides a user-friendly and feature-rich platform with convenient tools for analysis for traders on both Android and iOS devices. Read our full review of AvaTradeGO Mobile Trading App here…

Open Account Download App 76% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 Trading App

Plus500 Quick Facts
Regulated by: Plus500CY (CySec), Plus500UK (FCA), Plus500AU (ASIC, FMA & FSCA), Plus500AE (DFSA) & Plus500SG (MAS), Plus500EE (EFSA), Plus500SEY (FSA Seychelles)
Founded: 2008
Min. Deposit: $100
Active Clients:
HQ: Israel
Payment Methods: Credit/Debit Card (Visa or MasterCard), PayPal, Skrill (Moneybookers), Bank Transfer, Apple Pay, Trustly
Fees: See more info in review.
Pros:
- Advanced risk management tools
- 24/7 online support.
- 30+ languages.
Cons:
- No phone support.
- Mediocre research tools
Score:
4.8/5
95/100
Best trading app - Plus500

User feedback on the Plus500 app is positive and that is also our impression when doing this review as the app delivers on all its promises. The selection of assets users can trade through the app is amazing. Everything from CFDs on options, commodities, indices, cryptocurrencies (Availability subject to regulation), fiat currency pairs, shares and commodity ETFs.

The app’s dashboard is simple and intuitive and when you’re ready to trade it offers a really handy trading sentiment indicator. Plus500 has been around for 15 years and is absolutely one of the biggest and most trusted brokers out there. If you want global reach this is a top choice, the app is available in more than 30 languages and Plus500 is regulated in more regions than most other brokers out there. Read our full review of Plus500 Mobile Trading App here…

Open Account Download App 80% of retail investor accounts lose money when trading CFDs with this provider.

Markets.com Trading App

Markets.com Quick Facts
Regulated by: FCA, ASIC, FSCA, CySEC, BVI FSC
Founded: 2008
Min. Deposit: $100
Active Clients:
HQ: Cyprus and United Kingdom
Payment Methods: Paypal, Skrill, Neteller, Wire Transfer, Debit Cards, Credit Cards & local methods
Fees: Trading inactivity fee after 3 months (90 days)
Pros:
- Beginner Friendly
- Well established
- Well regulated
Cons:
- No support on weekends.
- High forex fees.
Score:
4.7/5
94/100

Simple and easy to install, the Markets.com mobile app offers enough functionality and technical analysis-oriented features to satisfy traders, from beginners to those who make a living trading CFDs. Users appreciate the intuitiveness of the app and the way it facilitates access to news for fundamental analysis and charts for technical insights. As with many other apps, this mobile app offers a free demo account that allows users to put the app to the test without risking their funds.

Markets.com is a 15-year-old online broker with headquarters in both the UK and Cyprus. It is financially regulated in both the UK with FCA, in Cyprus with CySEC and also in other regions. The Markets.com trading app is beginner-friendly and overall a very solid trading app. Read our full review of Markets.com Mobile Trading App here…

Open Account Download App 67,7% of retail investor accounts lose money when trading CFDs with this provider.

BlackBull Markets Trading App

BlackBull Markets Quick Facts
Regulated by: FMA, FSA
Founded: 2014
Min. Deposit: $0
Active Clients: 10,000+
HQ: New Zealand
Payment Methods: Bank Transfer, Credit Card, PayPal, Neteller, Skrill, Union Pay, RPN Pay.
Fees: Yes, depending on withdrawal method
Pros:
- Up to 1:500 leverage
- Multi award-winning New Zealand broker
- Institutional-grade spreads from 0.0 pips
Cons:
- Not regulated by the FCA
- Withdrawal fee
Score:
4.5/5
90/100
BlackBull Markets Mobile Platform Screenshot

BlackBull Markets offers the rock-solid MetaTrader 4 trading app as their mobile platform. From hundreds of thousands of users, this app has received excellent ratings with 4.8 out of 5 stars for the iOS version and 4.6 out of 5 stars for the Android version. The app offers an impressive selection of basic and advanced features. 

BlackBull Markets’ ECN trading conditions are great, as are the real-time quotes the platform delivers. In 2024 the broker has been around for ten years and it has already got plenty of awards. Great reviews and a lot of rewards are good news for you as a potential client but their regulation could be more robust. Among others they miss regulation by the FCA, however, that also means they can offer an extremely low first-time deposit amount which is great for some beginner traders. Read our full review of BlackBull Markets Mobile Trading App here…


Trade Nation Trading App

Trade Nation Quick Facts
Regulated by: FCA, FSCA, SCB, ASIC
Founded: 2020
Min. Deposit: $0
Active Clients: 8500
HQ: UK
Payment Methods: Credit card, debit card, bank transfer, Skrill, Neteller, PayPal, Local Payment Options
Fees: Overnight financing, spread costs, commission (on ASX stocks), dividend adjustments
Pros:
- Tight, fixed spreads (CoreTrader2 only)
- Regulated by FCA, ASIC, FSCA and SCB
- Loyalty Scheme
Cons:
- No MetaTrader 5 support
- No Live Chat
Score:
4.8/5
95/100
TradeNation Mobile Trading App

The Trade Nation mobile app is easy to download, install, and use. Its charting features are what one would expect from a modern mobile trading app. The apps lack the bells and whistles of learn-to-trade tutorials and talking heads, but that is a plus for many traders. Trade Nation Ltd is a fairly new broker, founded in 2020 and the number of active clients is still small. The broker is well regulated though, it adheres to the rules of both FCA, FSCA, ASIC and SCB.

Some traders like the “razor-thin” spreads the app gives them and the iOS version has received 4.7 stars out of 5 stars. The app offers a good selection of financial instruments with real-time quotes. The simplicity and ease of use are the biggest advantages of Trade Nations trading app and it also offers an interesting loyalty scheme. Read our full review of Trade Nation Trading App Here…

Open Account Download App 67.3% of retail investor accounts lose money

XTB Trading App

XTB Quick Facts
Regulated by: FCA, CySEC, IFSC, KNF, CNMV, CONSOB
Founded: 2002
Min. Deposit: $0
Active Clients: 170,000
HQ: London
Payment Methods: Bank Transfer, Credit Card, e-Wallets: PayPal, Skrill
Fees: Only for Pro accounts
Pros:
- 24/5 Customer Support
- Fractional Shares are available.
- Negative Balance Protection
Cons:
- Limited product portfolio, mostly CFD and FX.
- Fee for inactivity
Score:
4.6/5
92/100
XTB Mobile App Screenshot

Users rate XTB’s xStation mobile trading app highly because of an intuitive interface, fast and on-point trade execution, outstanding charting and superb features such as its trading sentiment indicator and that you’re not constantly logged out, if your phone goes into rest mode, you tap it and you’re right back in the midst of action.

User feedback is very positive and the app has received 4.5 out of 5 stars for the Android and 4.7 out of 5 stars for the iOS version. XTB is a highly reputable broker (regulated by FCA, CySEC, IFSE and more) that has been in the game for more than 20 years, since 2002. XTB Ltd is publicly listed on the Warsaw Stock Exchange. For being such an old broker it has a fairly small number of active clients, but that could be an advantage as they try to give the best offering and support to each of their clients, which can also be seen in the app reviews. Read our full review of XTB Mobile Trading App here…

Open Account Download App 76% of retail investor accounts lose money when trading CFDs with this provider.

How to compare the best stock trading apps

In today’s fast-paced digital world, mobile trading apps have revolutionized the way people invest and manage their financial trading. These trading platforms are user-friendly and they provide easy access to global markets, real-time data, and advanced trading tools, everything presented on your mobile phone. However, with a plethora of stock trading apps available, it can be overwhelming to determine which one best suits your needs.

The most important feature of your mobile forex trading apps or app would be the possibility of cross-platform trading, i.e. you should be able to enter a trade on your desktop platform and close the same trade in the app. Another important aspect to consider is how simple the app is to use. The easier the better. Furthermore, the app needs to make as many assets as possible available for trading, to cater to your trading-related needs. All the reviewed broker trading apps on this page offer individuals with a trading account the opportunity to trade in both stocks, forex and CFDs, however, the number of assets provided for trading in each asset class will vary.

Of course, you also want the app to provide both live and demo accounts. This way, you’ll be able to test the app and practice it before you start trading with real money. In-app copy trading is also a feature you will likely appreciate. However, check with your provider if they offer copy trading. And lastly, on your part, you will need a highly reliable connection to avoid potentially very costly mistakes.

Detailed list of considerations when reviewing the best trading app

Defining Your Trading Goals

Before you dive into the world of mobile trading apps, it’s crucial to define your investment objectives clearly. Are you an experienced trader looking for a sophisticated set of trading tools, including advanced charting and comprehensive technical analysis features? Or are you a novice who needs a simple, user-friendly interface to navigate the financial markets for the first time?

Identifying the purpose behind your trading is the first step in narrowing down your search. This includes recognizing your risk tolerance, trading frequency, preferred investment assets, and the amount of time you plan to dedicate to trading. If you understand your own goals, you will significantly narrow down the list of suitable mobile apps, from which you can find the best stock trading app for you.

Mobile phone with a financial chart and a padlock to illustrate security

Researching Stock Trading App Security

When it comes to deciding on a trading platform, the security of the app should be your prime consideration. Choose mobile apps that utilize advanced encryption technology such as Transport Layer Security (TLS) or Secure Sockets Layer (SSL) to protect your sensitive data and financial transactions. Check if the app is regulated by reputable financial authorities, like the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US. Regulatory oversight ensures that the app adheres to strict guidelines, providing an additional layer of protection for your investments that is absolutely key to minimizing your risk. Also, check if the app has features like two-factor authentication (2FA) and biometric access to further increase your security. For your security, all stock trading apps in the above list of the best trading apps in the UK are financially regulated.

Check the User Interface and Experience

The app’s user interface will play a major role in the overall quality of your trading experience. A well-designed and intuitive stock trading app with a clean layout makes it easier to find information, place trades, and monitor your share trading. Look for stock trading apps that offer customizable dashboards and watchlists, real-time alerts, and easy navigation between different sections. Lastly, a really important functionality is that the investing app should provide a seamless experience across multiple devices. I.e. seamlessly between smartphones, tablets, and desktops, enabling you to switch easily between devices whenever you need to.

Evaluating Asset Variety provided in the app

Diversification of your portfolio is key to successful trading. Your chosen mobile trading app should of course provide access to stocks but preferably also a broad range of other asset classes like bondscommoditiescryptocurrenciesETFs, futures, and options. The best stock trading apps also offer international stocks, allowing you to invest in companies outside your home country. The wider the range of assets the more flexibility you have to build a well-balanced portfolio that will match your personal risk profile and investment preferences.

Look at the available Data and Charting Tools

In-depth market analysis is of course key to making informed trading decisions. All of the best stock trading apps offer advanced data and charting tools and you should not compromise on this. This includes real-time and historical price data, various chart types (like candlestick, bar, and line charts), and a range of technical indicators such as Moving Averages, RSI, MACD, and Bollinger Bands. Most of the best trading apps in the UK also provide features like level 2 market data, trading directly from charts, and backtesting capabilities that let you test trading strategies using historical data.

Considering Trading Fees and Commissions

While stock trading apps offer convenience, they also come with costs. The fee structure can vary widely, with some apps charging per trade, others charging a percentage of your trade volume, and some offering commission-free trades. Look out for other potential costs such as account maintenance fees, inactivity fees, withdrawal fees, and fees for access to premium features (that you really need). Choose a stock trading app with transparent pricing and competitive trading fees that align with your trading frequency and investment strategy.

Mobile phone with a financial chart and a customer support headset

Reviewing Customer Support

Solid customer support is what you would expect of any trading platform, unfortunately, that is not always what is provided. You will need this when you encounter technical difficulties or have questions about the platform. The best stock trading apps provide customer service that is easily accessible through both live chat, email, and phone support. Additionally, it’s beneficial if the app provides a comprehensive FAQ section and educational resources to answer common queries. Consider the support team’s response time, availability (24/7 or specific hours), and ability to effectively resolve issues.

Exploring Trading Tools and Features

All trading apps do not offer the features you need for your trading strategy. Find out what is offered, important ones may be risk management tools like stop-loss and take-profit orders to automatically close trades when the price reaches a certain level, and price alerts to notify you of significant price movements. Other useful features include a demo or paper trading account where you can practice your strategies without risking real money, one-click trading for speedy order placement, and social trading options that allow you to follow and copy trades from experienced traders. Consider your trading style and preferences to choose a mobile app with the right tools to support your strategy.

Make sure of Platform Compatibility

Your chosen app should be compatible with your device’s operating system, whether that’s iOS, Android, or Windows. The app should have the same performance across different devices as well as offering regular updates to fix any bugs and also improve user experience. The best stock trading apps also offer a web-based platform or desktop application, providing you with the flexibility to trade on a larger screen and perform more in-depth analysis.

Investigating Order Execution Quality

Efficient order execution is another critical factor helping you to capture desired prices in extremely fast-moving markets. Research the trading app’s order execution speed, ensuring that your trades are executed promptly without significant delays. Some of the top stock trading apps also offer price improvement, executing your trades at a better price than you expected. In addition, look for the availability of different execution venues such as exchanges and electronic communication networks (ECNs).

Mobile phone with a financial chart and a stack of books

Seeking Educational Resources

Continuous learning is, as you can understand, essential for improving your trading skills. Look for trading apps that provide the most comprehensive educational resources, over time, you will need them. Examples include articles, videos, webinars, and e-books that cover various trading concepts, from the basics of investing to advanced trading strategies. Most good stock apps today provide regular market analysis and commentary from experienced analysts, keeping you informed about the latest market trends and providing trade ideas that could give you valuable insights.

Evaluating Account Types

Trading apps offer different account types to cater to various investor profiles. These can range from cash accounts for simple buying and selling, margin accounts for trading with borrowed money, and retirement accounts with tax advantages. Some stock apps also offer managed accounts where a professional manages your portfolio for you, and thematic investing where you can invest in portfolios focused on specific themes or sectors. Choose an account type that aligns with your trading goals and financial preferences.

Look at User Reviews and Ratings

What can be a better way to judge an app’s performance than through user reviews and ratings? Check the reviews on the app store and other reputable review websites to see what other users like and dislike about the investment app. Look for consistent themes in the reviews, like praise for easy navigation or complaints about slow customer service.

Assessing Available Order Types

Different trading strategies require various order types, and thus you need to understand if the order types offered match your needs. Basic order types include market orders (buy or sell at the best available price), limit orders (buy or sell at a specific price or better), and stop orders (buy or sell once the price reaches a certain level). Examples of advanced order types could be stop limit orders, trailing stop orders, and conditional orders, which will all provide more control over your trade execution. Having access to a variety of order types gives you greater control over your trades and thus is an essential offer in any stock trading app in the UK.

Check out the Deposit and Withdrawal Methods

Your chosen app should offer convenient deposit and withdrawal methods. Examples could include direct transfers from your bank account, credit/debit cards, and e-wallets like PayPal or Skrill. Check the processing time for deposits and withdrawals, as well as any fees charged by the app. Some apps actually also offer nice features like direct deposit for your paycheck and automatic investing of your spare change.

Exploring Real-time Market News

You need to stay informed about the latest news and market updates to be a successful trader. Most trading apps provide live news feeds, market commentaries, and notifications for important economic events. Advanced apps might also offer sentiment indicators to gauge the market mood, analyst ratings for individual stocks, and earnings calendars to track upcoming earnings releases.

Test out the Demo Accounts

Demo or paper trading accounts allow you to practice trading with virtual money, providing a safe environment to learn and test strategies without risking real capital. This is really useful for beginners to familiarise themselves with the app’s features and for experienced traders to for example experiment with new strategies. Check if the demo account replicates live trading conditions and whether there’s a limit on how long you can use it.

Monitoring Customer Reviews on External Sites

In addition to app store reviews, you can look at other external websites and forums for in-depth customer feedback and discussions. These sources should provide you with valuable insights into the app’s performance and customer satisfaction.

Utilizing Analytical Tools

Analytical tools offered by the app is another crucial cornerstone for you to be successful at trading. It’s crucial to select a stock trading app that provides a great deal of useful analytical tools, allowing you, among other things, to dissect market trends, track asset performance, and execute informed trades. Look for apps that offer tools, such as heat maps, charting tools, sentiment and technical indicators, real-time and historical price data, an economic calendar, and correlation matrices. These tools will provide very valuable market insights to you before making your trading decisions.

Analyzing Trading App Performance

App performance, especially during high-traffic periods, is a crucial factor for trading success, imagine if your app fails at the moment the market conditions for making your trade are absolutely right and then turns south! An investing app should load quickly, update prices in real-time, and execute trades without delays. Consider how the app performs during periods of high volatility or market opening and closing times when server load can be high. Most users also require their mobile app to work well over cellular data as they will use trading on the go.

Considering Account Minimums

Some trading apps may require minimum deposit amounts to open an account. Ensure that the account minimum aligns with your budget and investment goals.

Researching App Usability Offline

While most trading activities require an internet connection, some stock apps also offer limited offline functionality, like viewing your portfolio, reading saved articles, or setting up trades to execute when you’re back online. This will definitely help you if you frequently find yourself in situations with a bad internet connection.

Checking Historical App Updates

An app’s update history can indicate the developers’ commitment to improving user experience and fixing bugs. Look for the frequency of updates that fix bugs, add new features, and improve user experience, the higher frequency the better the app is actively maintained. Check user feedback on app updates and compare them to other apps.

Researching Developer Reputation

The developer’s reputation can provide confidence in your chosen stock app’s reliability and security. Look into the developer’s background, including their other apps, how long they’ve been in business, and their experience in the trading sector. Check if they’ve received any awards or recognition from reputable financial publications.

Are trading apps good for stock trading?

A trading app is a fantastic tool for stock trading if used in the right way and with the right functionality, tools, and asset classes for your needs. Let’s look a bit closer to the question.

The digital transformation has brought the world of share trading to our smartphones and thus all the way to our fingertips. This means that trading apps actually have democratized access to the stock market and stock exchanges like never seen before, breaking down the walls that not long ago existed between Wall Street and Main Street. Whether you’re an advanced day trader or a beginner, trading apps will offer an easy, user-friendly interface for you to trade stocks, and also provide you with educational resources to help you learn how to make better trades in the stock market.

Stock apps are generally very convenient and easy to use, enabling trading on the go, no matter where you are or what time it is. With real-time market data, quick execution speeds, and the ability to react instantly to market trends, trading apps have given users a sense of control over their share trading.

But they are not without their caveats. While they have made trading more accessible, they also pose the risk of overtrading due to the ease of access and sometimes oversimplified view of the market. Additionally, while they make trading seem easy, the reality of the stock market’s complexity is not to be underestimated. Trading the stock markets requires deep understanding, emotional control, and a well-thought-out strategy.

It’s important to remember that even the best trading apps are tools, and definitely not guarantees of success. The trading apps should be an additional edge based on accessibility, education, research, and tools that you complement with a balanced investing approach, taking your risk tolerance into account.

Trading apps empower individuals with the tools and resources they need to participate and compete in the financial markets. But as with all powerful tools, they must of course be used responsibly. The key lies in understanding how to use them both effectively and responsibly. Are trading apps good for stock trading? Absolutely, as long as you know the rules of the game and play it wisely.

What is stock trading?

Stock trading is the playground where companies and investors come together, the former to raise capital and the latter to seek profit. But what exactly is stock trading?

In its most essential form, stock trading is the buying and selling of company shares, units of ownership in a company. When you purchase a company’s stock, what you’re actually doing is buying a piece of that company, and betting on its future potential. The stock market acts as a marketplace, putting buyers and sellers together, where these stock transactions can take place.

Prices move up and down, influenced by many factors, with stock traders using various strategies to try to predict these movements. Stock trading will offer both opportunities and risks for both long-term investors and day traders. You have to make careful analysis and informed decisions to be successful in trading stocks.

Trading Apps UK FAQ

Which is the best free trading app in the UK?

The best free trading app in the UK is eToro. It offers a user-friendly interface, a wide range of assets, social trading features, and zero-commission share trading, making it a top choice for investors.

What is mobile app trading?

Mobile app trading refers to the practice of buying and selling financial assets, such as stocks, cryptocurrencies, or forex, using a mobile application. Traders can execute trades, access market data, and manage their investments conveniently from their smartphones or tablets.

Are There Free Trading Apps Available?

Yes, many trading apps offer free access to their basic features. However, some may charge fees for premium features and services.

Which is the best stock trading app?

eToro stands out as the best stock trading app. It offers a user-friendly interface, a wide range of assets, social trading features including copy trading, and commission-free stock trading, making it a very popular choice among investors.

Can I Trade Stocks and Cryptocurrencies on the Same App?

Absolutely! Many trading apps offer access to a wide range of assets, including stocks, bonds, commodities, and cryptocurrencies.

Do I Need to be an Expert to Use Trading Apps?

Not at all! Most trading apps are designed with user-friendliness in mind, making them suitable for both beginners and experienced traders.

Are Trading Apps Regulated?

Reputable trading apps are typically regulated by financial authorities to ensure compliance with industry standards and protect users’ interests.

What is the best UK trading app for Android?

The best UK trading app for Android is eToro. It provides a user-friendly interface, a diverse selection of assets, social trading options, and commission-free stock trading, making it a preferred choice for Android users.

Which stock trading app is best for beginners?

For beginners, eToro is a top choice as a stock trading app. It offers a user-friendly interface, commission-free stock trading, and social copy trading options to help newcomers navigate the stock market.

Who Regulates Stock Trading in the UK?

The Financial Conduct Authority (FCA) regulates British stock markets and trades in stocks. All UK and foreign brokers that operate in this country are monitored by FCA.

Which trading app has the lowest fees?

Freetrade is a cost-effective platform, with no trading or platform fees. It boasts one of the lowest foreign exchange fees, ranging from 0.39% (Plus plan) to 0.99% (Basic plan). However, the free trading account has limited asset choices and stocks.

Happy trading!

For further reading, you can see our reviews of the overall best trading platforms for the UK here.

Our #1 Recommendation: eToro

Best app for beginners

5/5
99/100

Min. Deposit: $100(value may vary according to region)

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51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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