Business / Your Money
The best trading apps in the EU
02 Nov 2020 at 10:38hrs | Views
If you want to venture into the European financial market, then here's your chance. The best trading apps in the EU offer you a reliable way to buy and sell stocks online from the comfort of your home or office.
All you need is a smartphone to start trading. But with the emergence of new trading apps nearly every day, choosing the best app to use can be overwhelming even for the most experienced traders.
Here, we present to you a list of the top-rated European apps you can use to start trading right away!
Source: https://bullmarketz.com/best-trading-app-europe/
1. Plus500 - Best Overall Trading App in Europe
Over 200,000 active users can't be wrong in choosing Plus500 as the best trading app in Europe. Plus500 is one of the leading mobile trading apps, thanks to its user-friendly design and competitive spread.
With over 35 million trades in the past year alone, there's no doubt that Plus500 is your go-to option as far as online trading is concerned. It has won multiple awards and been rated the best trading app in Europe by industry experts.
The best part is that it is compatible with both iOS and Android devices, plus it is licensed by all major financial regulatory authorities across Europe.
The only slight issue is that Plus500 charges commissions on stock trading, and you have to deposit a minimum of £100 to start trading.
2. AvaTradeGo - Best for Paper Trading
If you want to practice trading under real market conditions without risking real money, then try out the AvaTradeGo app. This award-winning app allows you to open a virtual account that you can use for practice before trading with real cash.
What we like the most about this app is that it comes equipped with trading robots that will guide you through the steps until you become a pro trader. Moreover, the app does not charge commissions on regular trades.
3. eToro - Best for Beginners
eToro is another great trading app for newbie traders. It works on both Android and iOS devices, but the game-changer is that eToro is presented as a social trading platform where traders can follow each other, exchange strategies, and copy trades.
What is even more amazing is that eToro does not charge commissions on stocks except CFDs. Besides, you can use the app for daily trading as well as long-term investment.
4. CMC Markets - Best Stock Trading App for Android
Traders on Android will just fall in love with the CMC Markets app. As suggested by its name, CMC Markets offers a wide range of assets, including stocks, ETFs, cryptocurrencies, commodities, and forex.
Once you become a trader on this platform you will gain access to over 35 indicators. The app also offers a huge selection of charting tools and push notifications that you can use for smooth execution of your trades.
5. DeGiro - Best for Long Term Investments
If you are searching for an online broker that offers tons of opportunities for European investors, look no further than DeGiro. This app is renowned as the first wholesale stockbroker and one of the world's biggest brokers.
The platform allows you to trade in securities directly off exchanges, and it is ideal for long-term investments rather than daily trading.
The only issue we have with this app is the high commissions they charge on trades.
6. Interactive Brokers - Best for Day Trading
Interactive Brokers is the best app for day trading and for options trading. The app has a foothold in the North American market, but it is slowly finding its way into the European market as well.
Interactive Brokers have a huge selection of securities, including commodities, stocks, ETFs, bonds, options, and hedge funds. Besides, you can combine your options with other securities.
The only downside of this app is the long processing times, particularly for withdrawals.
7. IG Markets - Best Stock App for Europe
For those who love trading in stocks and penny stocks, then do not hesitate to download the IG Markets app. This app is a dominant force in online stock trading not only in Europe but also in the world. They have a large selection of over 16,000 stocks.
To improve your trading experience, the IG Markets app offers dozens of charting tools and signals tailored for newbie and professional traders alike.
So, are you ready to trade in the European market? You have so many options as far as picking the best trading apps in the EU is concerned. You can even get more information on https://bullmarketz.com/best-trading-app-europe/. However, due diligence is always important in the world of stock trading. We highly recommend that you take your time to go through our list before settling for an app that fits your specific needs.
Happy trading!
All you need is a smartphone to start trading. But with the emergence of new trading apps nearly every day, choosing the best app to use can be overwhelming even for the most experienced traders.
Here, we present to you a list of the top-rated European apps you can use to start trading right away!
Source: https://bullmarketz.com/best-trading-app-europe/
1. Plus500 - Best Overall Trading App in Europe
Over 200,000 active users can't be wrong in choosing Plus500 as the best trading app in Europe. Plus500 is one of the leading mobile trading apps, thanks to its user-friendly design and competitive spread.
With over 35 million trades in the past year alone, there's no doubt that Plus500 is your go-to option as far as online trading is concerned. It has won multiple awards and been rated the best trading app in Europe by industry experts.
The best part is that it is compatible with both iOS and Android devices, plus it is licensed by all major financial regulatory authorities across Europe.
The only slight issue is that Plus500 charges commissions on stock trading, and you have to deposit a minimum of £100 to start trading.
2. AvaTradeGo - Best for Paper Trading
If you want to practice trading under real market conditions without risking real money, then try out the AvaTradeGo app. This award-winning app allows you to open a virtual account that you can use for practice before trading with real cash.
What we like the most about this app is that it comes equipped with trading robots that will guide you through the steps until you become a pro trader. Moreover, the app does not charge commissions on regular trades.
3. eToro - Best for Beginners
eToro is another great trading app for newbie traders. It works on both Android and iOS devices, but the game-changer is that eToro is presented as a social trading platform where traders can follow each other, exchange strategies, and copy trades.
What is even more amazing is that eToro does not charge commissions on stocks except CFDs. Besides, you can use the app for daily trading as well as long-term investment.
Traders on Android will just fall in love with the CMC Markets app. As suggested by its name, CMC Markets offers a wide range of assets, including stocks, ETFs, cryptocurrencies, commodities, and forex.
Once you become a trader on this platform you will gain access to over 35 indicators. The app also offers a huge selection of charting tools and push notifications that you can use for smooth execution of your trades.
5. DeGiro - Best for Long Term Investments
If you are searching for an online broker that offers tons of opportunities for European investors, look no further than DeGiro. This app is renowned as the first wholesale stockbroker and one of the world's biggest brokers.
The platform allows you to trade in securities directly off exchanges, and it is ideal for long-term investments rather than daily trading.
The only issue we have with this app is the high commissions they charge on trades.
6. Interactive Brokers - Best for Day Trading
Interactive Brokers is the best app for day trading and for options trading. The app has a foothold in the North American market, but it is slowly finding its way into the European market as well.
Interactive Brokers have a huge selection of securities, including commodities, stocks, ETFs, bonds, options, and hedge funds. Besides, you can combine your options with other securities.
The only downside of this app is the long processing times, particularly for withdrawals.
7. IG Markets - Best Stock App for Europe
For those who love trading in stocks and penny stocks, then do not hesitate to download the IG Markets app. This app is a dominant force in online stock trading not only in Europe but also in the world. They have a large selection of over 16,000 stocks.
To improve your trading experience, the IG Markets app offers dozens of charting tools and signals tailored for newbie and professional traders alike.
So, are you ready to trade in the European market? You have so many options as far as picking the best trading apps in the EU is concerned. You can even get more information on https://bullmarketz.com/best-trading-app-europe/. However, due diligence is always important in the world of stock trading. We highly recommend that you take your time to go through our list before settling for an app that fits your specific needs.
Happy trading!
Source - Byo24News
