Best Day Trading Apps
We’ve evaluated countless mobile platforms to bring you our selection of the best day trading apps. Discover the applications that stand out for their:
- User-friendly design
- Low fees for day traders
- Mobile-optimized charts and analysis tools
- Excellent compatibility with Apple and Android devices
But don’t just take our word for it, for each day trading app we scored highly, we’ve also compiled ratings from the Apple App Store and Google Play Store so you can see what other traders think.
Top Apps For Day Trading In 2025
These are the 10 best apps for day trading based on our findings:
-
1
FOREX.comiOS & AndroidActive Trader Program With A 15% Reduction In Costs
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$1000.01 Lots1:50NFA, CFTCForex, Stocks, Futures, Futures OptionsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentralWire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH TransferUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN -
2
Interactive BrokersiOS & Android
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$0$1001:50FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFMStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, CryptocurrenciesTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentralCheque, ACH Transfer, Wire Transfer, Automated Customer Account Transfer Service, TransferWise, Debit CardUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF -
3
RedMarsiOS & Android
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
€2500.01 Lots1:30 (Retail), 1:500 (Pro)CySEC, AFMCFDs, Forex, Stocks, Indices, Commodities, CryptosMT5Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, VisaUSD, EUR -
4
IQCentiOS & Android20% to 200% Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$250$0.011:500IFMRRCBinary Options, CFDs, Forex, Indices, Commodities, CryptoOnline Platform, TradingViewCredit Card, Debit Card, Wire Transfer, Bitcoin Payments, Ethereum Payments, Visa, MastercardUSD, EUR -
5
OANDA USiOS & AndroidCFDs are not available to residents in the United States.
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$00.01 Lots1:50NFA, CFTCForex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)OANDA Trade, MT4, TradingView, AutoChartistWire Transfer, Visa, Mastercard, Debit Card, ACH TransferUSD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD -
6
CloseOptioniOS & Android$10 Welcome Gift
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$5$1National Bank of GeorgiaBinary Options on Forex & CryptosOwnPayPal, WebMoney, Mastercard, Perfect Money, Wire Transfer, Bitcoin Payments, Ethereum PaymentsUSD -
7
DukascopyiOS & Android10% Equity Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$1000.01 Lots1:200FINMA, JFSA, FCMCCFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary OptionsJForex, MT4, MT5Neteller, Wire Transfer, Mastercard, Skrill, Visa, Maestro, Credit Card, Debit Card, Apple Pay, Bitcoin Payments, Ethereum PaymentsUSD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN -
8
VideforexAndroid20% to 200% Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$250$0.011:500Binary Options, CFDs, Forex, Indices, Commodities, CryptoTradingViewSkrill, Perfect Money, Bitcoin Payments, Neteller, Credit Card, Visa, Mastercard, Ethereum PaymentsUSD, EUR, GBP, AUD, RUB -
9
BinariumiOS & Android
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$5$1Forex, Stocks, CryptosOwnQIWI, Yandex Money, Bitcoin Payments, Neteller, WebMoney, Wire Transfer, Visa, Mastercard, Credit Card, Debit CardUSD, EUR, AUD, RUB -
10
PlexytradeiOS & Android120% Cash Welcome Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$500.011:2000CFDs, Forex, Indices, Stocks, Commodities, CryptoMT4, MT5Bitcoin Payments, Ethereum PaymentsUSD, EUR
Here is a short overview of each broker's pros and cons
- FOREX.com - Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love.
- Interactive Brokers - The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform.
- RedMars - RedMars doesn’t offer a proprietary platform, which might be a consideration for beginners. The only choice is MetaTrader 5 (MT5), available for desktop, web, and mobile. The lack of support for MT4, cTrader, or TradingView is disappointing, with MT4 easier to use than MT5, cTrader sporting a more user-friendly interface, and TradingView proving excellent due to its advanced charting and community-sourced indicators.
- IQCent - IQCent offers mobile trading directly through major browsers with an intuitive design that we love. You can navigate your account, browse assets and trade binaries in a few clicks. Straightforward access to the copy trading feature at the bottom is also a bonus, alongside the interactive charts which you can pinch to zoom.
- OANDA US - OANDA’s app stands out for its deeply customizable interface, ensuring you can tailor every aspect of the trading experience to your strategy, from setting custom notifications to adjusting chart sizes and overlays. This level of personalization, combined with the ability to quickly react to market changes, manage risk, and stay informed with alerts on significant market events, makes it a category leader.
- CloseOption - CloseOption’s TradeRoom stands out as a fantastic option for beginners, with its streamlined design minimizing the learning curve. It’s super easy to place short-term trades from 5 seconds with basic charting tools at your disposal. Tutorials and frequent updates with video demonstrations also enhance the experience, while weekly contests are available to skilled traders on the go.
- Dukascopy - Dukascopy continues to stand out in the mobile trading arena with an easy-to-use app that offers short-term trading on popular assets, including forex, stocks, and indices. It offers trading signals, price alerts, and over 50 technical indicators, outperforming most competitors’ charting tools. With 24/7 in-app support, it’s a top choice for serious mobile traders.
- Videforex - Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience.
- Binarium - Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.
- Plexytrade - Rather than developing its own app, Plexytrade offers its 100+ instruments on the MT4 and MT5 mobile platforms. While MetaTrader is favored by experienced traders, the absence of a proprietary trading app results in a steep learning curve for beginners. It also means deposits, withdrawals and account management have to be completed through the Plexytrade website, leading to a less complete mobile trading experience.
Best Day Trading Apps Comparison
| Broker | iOS Rating | Android Rating | Minimum Deposit | Day Trading Markets | Regulators |
|---|---|---|---|---|---|
|
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/ 5 | / 5 | $100 | Forex, Stocks, Futures, Futures Options | NFA, CFTC |
|
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/ 5 | / 5 | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
|
|
/ 5 | / 5 | €250 | CFDs, Forex, Stocks, Indices, Commodities, Cryptos | CySEC, AFM |
|
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/ 5 | / 5 | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | IFMRRC |
|
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/ 5 | / 5 | $0 | Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA) | NFA, CFTC |
|
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/ 5 | / 5 | $5 | Binary Options on Forex & Cryptos | National Bank of Georgia |
|
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/ 5 | / 5 | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | FINMA, JFSA, FCMC |
|
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/ 5 | / 5 | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | - |
|
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/ 5 | / 5 | $5 | Forex, Stocks, Cryptos | - |
|
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/ 5 | / 5 | $50 | CFDs, Forex, Indices, Stocks, Commodities, Crypto | - |
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Christian Harris, Reviewer
FOREX.com Quick Facts
| Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
|---|---|
| Mobile Apps | iOS & Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Forex, Stocks, Futures, Futures Options |
| Minimum Deposit | $100 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
Cons
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
- FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Interactive Brokers Quick Facts
| Mobile Apps | iOS & Android |
|---|---|
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Minimum Deposit | $0 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- The TWS platform has clearly been built for intermediate and advanced traders and comes with over 100 order types and a reliable real-time market data feed that rarely goes offline.
- While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.
- There's a vast library of free or paid third-party research subscriptions catering to all types of traders, plus you can enjoy commission reimbursements from IBKR if you subscribe to Toggle AI.
Cons
- Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
RedMars
"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."
RedMars Quick Facts
| Mobile Apps | iOS & Android |
|---|---|
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
| Minimum Deposit | €250 |
| Account Currencies | USD, EUR |
Pros
- The broker is one of a limited number of firms to offer an account specially designed for VIPs with premium support and invites to exclusive events
- Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
- Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
Cons
- While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
- With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
- RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
IQCent
"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "
IQCent Quick Facts
| Bonus Offer | 20% to 200% Deposit Bonus |
|---|---|
| Mobile Apps | iOS & Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Minimum Deposit | $250 |
| Account Currencies | USD, EUR |
Pros
- Keen traders can take part in trading contests with cash prizes
- There's an accessible $0.01 minimum stake for new day traders with a small budget
- The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies
Cons
- There's no automated trading support for algo traders
- The broker is not overseen by a respected regulator, though this is common among binary options firms
- The market analysis is very basic with limited technical summaries and insights from analysts
OANDA US
"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."
OANDA US Quick Facts
| Mobile Apps | iOS & Android |
|---|---|
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA) |
| Minimum Deposit | $0 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD |
Pros
- Beginners can get started easily with $0 minimum initial deposit
- There's a strong selection of 68 currency pairs for dedicated short-term forex traders
- Day traders can enjoy fast and reliable order execution
Cons
- The range of day trading markets is limited to forex and cryptos only
- There's only a small range of payment methods available, with no e-wallets supported
- It's a shame that customer support is not available on weekends
CloseOption
"CloseOption is a good pick for traders seeking a user-friendly binary options platform with high payouts and joining bonuses."
Tobias Robinson, Reviewer
CloseOption Quick Facts
| Bonus Offer | $10 Welcome Gift |
|---|---|
| Mobile Apps | iOS & Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Binary Options on Forex & Cryptos |
| Minimum Deposit | $5 |
| Account Currencies | USD |
Pros
- Multiple global payment methods are available
- New traders can get started with a $5 minimum deposit
- Free demo account
Cons
- Clients need to deposit $50,000+ to qualify for the best payouts
- CloseOption is not regulated by a well-regarded trading authority
- Binary options are only available on fiat and digital currencies
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Dukascopy Quick Facts
| Bonus Offer | 10% Equity Bonus |
|---|---|
| Mobile Apps | iOS & Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Minimum Deposit | $100 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- Dukascopy offers tight spreads starting from 0.1 pips, leverage up to 1:200 (depending on the jurisdiction), and volume-based commissions that reward high-frequency traders.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
Cons
- Some account types, such as the MT4/MT5 accounts, require a higher minimum deposit of $1,000, which may not be ideal for traders with smaller budgets.
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
Videforex
"Videforex will serve traders looking for a no-frills, easy-to-use platform to speculate on the direction of popular financial markets through binaries. With a sign-up process that takes a matter of minutes and a web-accessible platform, getting started is a breeze. "
William Berg, Reviewer
Videforex Quick Facts
| Bonus Offer | 20% to 200% Deposit Bonus |
|---|---|
| Mobile Apps | Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Minimum Deposit | $250 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- Videforex regularly runs trading contests, offering practice opportunities and cash prizes to beginners and experienced traders, with position sizes from just ¢0.01.
- Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, bringing it in line with competitors like IQCent.
- Videforex is one of the few brokers with 24/7 multilingual video support, providing comprehensive assistance for active traders.
Cons
- The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
- The absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
- Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
Binarium
"Binarium has been designed with simplicity in mind, featuring a fast, fully digital sign-up process and an intuitive platform and app with 4 chart types and 12 indicators. With binaries spanning 5 minutes to 3 months, it caters to short- and medium-term traders."
Binarium Quick Facts
| Mobile Apps | iOS & Android |
|---|---|
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | Forex, Stocks, Cryptos |
| Minimum Deposit | $5 |
| Account Currencies | USD, EUR, AUD, RUB |
Pros
- Binarium has the best education centre we’ve seen amongst binary options brands, complete with information on core topics like trading basics and account options, plus professional video guides to using the platform.
- Binarium claims to segregate client funds with EU banks, meaning traders’ money should not be misused and providing an important layer of protection, which is especially relevant given its offshore status.
- The $10,000 demo account, deposit-doubling welcome bonus, smooth sign-up, and 24/7 support make for an attractive onboarding experience.
Cons
- Despite being operational since 2012, Binarium is an unregulated broker with limited transparency on its website, raising safety concerns and potentially putting your capital at risk.
- Binarium has some way to go to match the investment offering of binary firms like Quotex, with a particularly weak selection of around 20 currencies and 3 cryptocurrencies.
- Payouts of up to 80% are on the low side of binary options platforms based on our evaluations, which may deter traders looking for the possible best returns, though you can get back up to 15% of losing trades.
Plexytrade
"Plexytrade is a newcomer in the brokerage scene with attention-grabbing features like 1:2000 leverage, zero spreads on select instruments and fast execution speeds of less than 46 milliseconds. However, the absence of regulation is a significant concern, while the non-existent research and educational tools place it far behind industry frontrunners."
Plexytrade Quick Facts
| Bonus Offer | 120% Cash Welcome Bonus |
|---|---|
| Mobile Apps | iOS & Android |
| iOS App Rating | / 5 |
| Android App Rating | / 5 |
| Demo Account | Yes |
| Instruments | CFDs, Forex, Indices, Stocks, Commodities, Crypto |
| Minimum Deposit | $50 |
| Account Currencies | USD, EUR |
Pros
- There are various VPS packages starting from $50 per month, but they become complimentary once specific deposit thresholds are reached.
- US residents are accepted as clients, distinguishing Plexytrade as one of the rare offshore brokers that cater to US-based traders.
- Despite lacking regulation, Plexytrade provides negative balance protection and reinforces safety protocols by holding client funds in segregated accounts.
Cons
- There are no research and educational materials, falling short of alternatives like IG, while access to the economic calendar is restricted to clients with balances of $500.
- Plexytrade lacks regulation in major jurisdictions, significantly increasing the risks of opening an account and depositing funds.
- There are no social or copy trading features for inexperienced traders to replicate the trades of more experienced investors, trailing category leaders like eToro.
Where brokers do not offer their own proprietary trading apps, and instead support third-party applications like MT4, MT5 or cTrader, we have shown these ratings from the respective app stores. Also kindly note that ratings from app stores may change.
Comparing Day Trading Apps
In recent years, we’ve seen the day trading landscape shift, with more retail investors using smartphones for online trading. In fact, the number of trading app users has risen year-on-year according to Business of Apps.
Application functionality has also improved, where once you could just view portfolios and make basic trades, the best day trading apps today offer the complete package for all types of traders.
However, despite significant investment in app development and varied personal preferences, the key qualities of an outstanding app for day trading remain the same:
We explain these comparison factors and our methodology in detail below…
They Are Easy And Enjoyable To Use
For intraday traders, where every second can count, selecting a day trading app with a user-friendly design that allows for easy navigation is essential.
The ability to quickly analyze data and execute trades with minimal clicks or fuss is a key feature of top apps. Given the trend of apps like Robinhood, which gamify trading with features like digital confetti when you make a trade, it’s important for serious day traders to avoid such distractions.
We assess the usability of day trading apps by evaluating how they balance providing key information for informed trading decisions, without overwhelming users with excessive data. This approach ensures that the apps we recommend offer an optimal user experience, catering to the specific needs of day traders.
- Our firsthand experience with the CMC Markets app reveals its significant investment in recent years, resulting in an intuitive and user-friendly design that we love. The app simplifies market analysis and trade management for the full spectrum of traders, offering a seamless experience that earned it one of our annual awards.
They Offer The Tools You Need To Day Trade Effectively
From our many years in the industry, we understand that transitioning from desktop to mobile trading platforms often means compromising on functionality, particularly in charting tools, which are vital for day traders.
Therefore, we look for day trading apps that deliver a comprehensive mobile trading experience, including mobile-friendly charts with numerous technical indicators and drawing tools, as well as a complete range of order types.
Additionally, we value standout features such as SMS alerts and push notifications that provide buy and sell signals or important market updates, improving the overall trading experience.
- Our time testing the FxPro app has been excellent, particularly for its advanced yet user-friendly charting functions and huge selection of technical indicators. The mobile interface allows easy customization of charts, and the split-screen feature is a real plus, enabling simultaneous viewing of charts and trading data on one screen.
They Provide Seamless Compatibility With Your Device
We’ve found that while most top day trading apps are available on both the Apple App Store and Google Play Store, their performance can vary between iPhone/iPad and Android devices.
For example, during our analysis, E*Trade scored 4.6/5 on the Apple App Store but only 2.9/5 on the Google Play Store, indicating a less optimal experience for Android users.
Therefore, we prioritize the mobile trading experience on both Apple and Android platforms, blending our own testing observations with feedback from other traders. This approach helps us ensure that the day trading apps we recommend deliver a high-quality experience, regardless of the device.
- Our evaluation of AvaTrade solidifies its position as a top-tier day trading app. It impressed us with its smooth and flawless performance during our tests, and this excellence is mirrored in its equally high ratings on both the Apple App Store and Google Play Store.
They Offer Excellent Pricing For Day Traders
It’s vital to select day trading apps with low fees, as this can help maximize profits by reducing the ongoing transaction costs that quickly add up in the high-frequency environment of day trading.
In our hands-on assessments, we carefully review the fees associated with day trading in popular markets like stocks, forex, and commodities.
We also consider the needs of different traders. Beginners, for example, may prefer a commission-free model with variable spreads and zero inactivity fees, keeping pricing simple with no penalties if they choose to stop day trading. On the other hand, experienced day traders often prefer models that feature tight spreads and low, fixed commissions.
- Pepperstone continues to deliver competitive pricing for day traders. We’ve found the commission-free Standard account to be a decent option for entry-level traders, but it’s the Razor account for experienced traders that really stands out. With average spreads of just 0.3 on the USD/JPY and a reasonable $3.50 commission per lot per side, it’s a particularly attractive choice, especially when combined with the rebate program for active traders.
If you’re still unsure which app to use for day trading, I recommend test-driving a few applications using demo accounts. This will help you find good day trading apps with designs you enjoy, tools you need, low fees, and excellent integration with your mobile or tablet devices.
FAQ
What Is A Day Trading App?
A day trading app is a downloadable application for your mobile or tablet, allowing you to conduct day trading activities like market analysis, trade execution, and account management.
Some day trading brokers, such as CMC Markets, have built their own apps that offer everything in one package, while other firms, such as IG, have stand-alone apps for different purposes such as trading and education.
There are also brokers, such as Pepperstone, that provide access to popular third-party apps that can be used for charting and day trading, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
What Are The Most Popular Day Trading Apps?
Based on our findings, 5 of the most popular day trading apps are eToro, Webull, Trading 212, MetaTrader 4 and MetaTrader 5.
To qualify as ‘popular’ we scoured the Apple App Store and Google Play Store for day trading apps that have been downloaded more than 10 million times with ratings of at least 3.5/5 at the time of writing.
What’s The Best Day Trading App For Beginners?
eToro is the best day trading app for beginners. As well as providing a fantastically simple interface that we’ve loved using for many years, it offers all the key features of the web platform, from real-time trading to market updates, historical data and in-built support.
Its social trading community is also world-class, allowing beginners to engage with and learn from experienced traders, while the demo account is the perfect entry point for new traders.
What’s The Best Day Trading App For Advanced Traders?
CMC Markets is the best day trading app for advanced traders. It’s obvious the broker has invested serious time and money into creating an optimal mobile trading environment in recent years. There’s a huge range of over 12,000 markets, mobile-optimized charts with more than 40 indicators and drawing tools, plus an easily customizable workspace where you can move, minimize and maximize tiles.
However, where it really stands out is the reliable interface. During testing it was incredibly receptive, creating a fast and stable trading environment that should give serious day traders confidence.
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Article Sources
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