CFD Trading Apps






Nowadays, investors have several platform options where they can trade contracts for difference – the most versatile being CFD trading apps. With their rise in popularity, new applications are entering the market all the time, making it increasingly hard to know how to find the best of the bunch. In this review, we’ll dive into what CFD trading apps are, how they work, their advantages and disadvantages, plus how to compare them. We’ve also listed the brokers offering the best CFD trading apps in 2025 below.
Top Brokers With CFD Trading Apps
These are the 6 top apps for trading CFDs based on our findings:
Here is a short overview of each broker's pros and cons
- 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.
- 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.
- 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.
CFD Trading Apps Comparison
Broker | iOS Rating | Android Rating | Minimum Deposit | Markets | Leverage | Regulators |
---|---|---|---|---|---|---|
Interactive Brokers | / 5 | / 5 | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | 1:50 | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
RedMars | / 5 | / 5 | €250 | CFDs, Forex, Stocks, Indices, Commodities, Cryptos | 1:30 (Retail), 1:500 (Pro) | CySEC, AFM |
IQCent | / 5 | / 5 | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | 1:500 | IFMRRC |
Dukascopy | / 5 | / 5 | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | 1:200 | FINMA, JFSA, FCMC |
Videforex | / 5 | / 5 | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | 1:500 | - |
Plexytrade | / 5 | / 5 | $50 | CFDs, Forex, Indices, Stocks, Commodities, Crypto | 1:2000 | - |
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."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
FTSE Spread | 0.005% (£1 Min) |
---|---|
GBPUSD Spread | 0.08-0.20 bps x trade value |
Stocks Spread | 0.003 |
Leverage | 1:50 |
Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
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
- With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
- 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.
- IBKR is one of the most respected and trusted brokerages and is regulated by top-tier authorities, so you can have confidence in the integrity and security of your trading account.
Cons
- 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.
- 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.
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
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."
Christian Harris, Reviewer
RedMars Quick Facts
FTSE Spread | 15 |
---|---|
GBPUSD Spread | 0.7 |
Stocks Spread | Variable |
Leverage | 1:30 (Retail), 1:500 (Pro) |
Regulator | CySEC, AFM |
Platforms | MT5 |
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
- RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
- The broker supports a range of flexible payment methods, including wire transfers, credit cards, e-wallets, and notably cryptocurrencies
- 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
- 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
- With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
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. "
Jemma Grist, Reviewer
IQCent Quick Facts
Bonus Offer | 20% to 200% Deposit Bonus |
---|---|
FTSE Spread | 1.4 |
GBPUSD Spread | 0.8 |
Stocks Spread | N/A |
Leverage | 1:500 |
Regulator | IFMRRC |
Platforms | Online Platform, TradingView |
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
- IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
- The broker's 24/7 customer support is fast and reliable, responding within 1 minute during tests
- There's an accessible $0.01 minimum stake for new day traders with a small budget
Cons
- IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
- There's no automated trading support for algo traders
- The market analysis is very basic with limited technical summaries and insights from analysts
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."
Christian Harris, Reviewer
Dukascopy Quick Facts
Bonus Offer | 10% Equity Bonus |
---|---|
FTSE Spread | 100 |
GBPUSD Spread | 0.1 |
Stocks Spread | 0.1 |
Leverage | 1:200 |
Regulator | FINMA, JFSA, FCMC |
Platforms | JForex, MT4, MT5 |
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 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.
- 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.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
Cons
- 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.
- 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.
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 |
---|---|
FTSE Spread | Floating from 0.2 |
GBPUSD Spread | Floating from 0.1 |
Stocks Spread | NA |
Leverage | 1:500 |
Platforms | TradingView |
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 absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
- The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
- Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
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."
Christian Harris, Reviewer
Plexytrade Quick Facts
Bonus Offer | 120% Cash Welcome Bonus |
---|---|
FTSE Spread | 0.8 |
GBPUSD Spread | 0.8 |
Stocks Spread | 5 |
Leverage | 1:2000 |
Platforms | MT4, MT5 |
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
- Despite lacking regulation, Plexytrade provides negative balance protection and reinforces safety protocols by holding client funds in segregated accounts.
- Plexytrade accommodates a range of trading methods and short-term strategies, including scalping, hedging, and automated trading.
- Plexytrade offers among the highest leverage we’ve seen, up to 1:2000, catering to advanced traders willing to forego regulatory protections.
Cons
- With around 100 instruments, Plexytrade restricts the flexibility of investors who prefer to trade across various assets, especially compared to Blackbull with its 26,000 securities.
- Deposits and withdrawals are exclusively facilitated through cryptocurrencies, as Plexytrade does not support bank cards, bank wire transfers, or e-wallets.
- There are no social or copy trading features for inexperienced traders to replicate the trades of more experienced investors, trailing category leaders like eToro.
What Is A CFD Trading App?
To start trading CFDs, you will need to use platform software provided by a broker. This can be accessed via desktop, web platform or mobile app. However, CFD trading using an application allows you to execute trades through a mobile device, such as a tablet or smartphone. CFD mobile trading has revolutionised traditional methods of investing, offering greater control on the go instead of being bound to your desktop.
The best CFD trading applications should offer the same tools, charts, services and markets with the same functionality as the web platform. However, this is not always the case as we will cover later.
How Do CFD Trading Apps Work?
CFD trading apps allow you to trade your chosen instruments with a mobile device wherever and whenever you want. Whether you’re investing from the UK, US or Australia, CFD trading apps offer global access to markets from one mobile trading platform. Your account usually accessed on your desktop should mirror the positions on your mobile app, making for seamless trading wherever you go.
The application will have the same interface as the desktop platform with mobile-optimized charting and technical analysis tools that are specifically designed for Android and iOS operating systems.
To start using a CFD trading app, you’ll need to download it through the app store of your choice. Once you’ve created a CFD trading account, you can explore the markets available and open long or short positions. Plus, you can set up trading alerts to receive in-app push notifications for instant updates on your trades and instruments. CFD trading app notifications allow you to monitor open positions on the platform and close them directly on the application.
Pros Of CFD Trading Apps
- Flexibility: The key benefit of CFD trading apps is the ability to trade on the go. Modern traders do not have to tie themselves to multiple trading screens for long hours. Instead, they have access to a powerful platform within the reach of their pocket.
- Instant Notifications: The best CFD trading apps have a wide range of notifications options, such as trading and price alerts. In this way, you’re able to keep up-to-date with trades instantly without waiting to hop on a web trading platform. CFD mobile traders have the option of setting up push, SMS or email notifications so you never miss a key event, order notification or price alert.
- Ubiquitous: CFD trading apps are becoming much more commonplace as platforms prioritise having mobile solutions. Nowadays, most regulated brokers offer CFD trading apps, so traders don’t have to restrict their options or compromise.
- Improved Technology: Top brokers are constantly developing and enhancing their CFD trading app software to match the tools and charts on the web-based platform. Therefore, the gap between the CFD mobile trading experience and desktop platform is narrowing.
- Full Functionality: CFD trading apps provide access to all the features you need to open, monitor and close your positions at any time and anywhere. Additionally, the best applications provide flexible access to thousands of global markets with fast execution.
Cons Of CFD Trading Apps
- Restrictions: Not all CFD trading apps will have equal access to markets compared to what is offered on desktop trading software. The restricted access can prevent the execution of a trader’s strategy and access to their full product portfolio.
- Connectivity Issues: Mobile connectivity can still be an issue in remote areas, making it difficult to access a mobile app-based CFD trading platform. Connection issues can cause a delay on a live data feed and potentially disrupt traders from placing an order whilst on the go. When the speed of execution is key, a delay in information can make or break trades.
- Limited Screen Size: Typically, web CFD trading software provides data that can be hard to view on a smaller screen. Therefore, traders may find the small screen size a big drawback of CFD trading apps.
How To Compare CFD Trading Apps
When it comes to choosing the best CFD trading apps, there are several factors to consider:
Compatibility
Before you open an account with a CFD trading app, you want to make sure their mobile platform is compatible with your tablet or smartphone. Check whether the application is suitable for an iOS or Android operating system and available for download on the App Store or Google Play Store.
Features
Each CFD trading app has unique features that will suit your personal trading style. Some may require a watchlist or specific order types, while some may need trading alerts or one-click execution. In particular, scalpers may want a selection of charts with up to one-minute timeframes.
Fees
Traders should always consider the transactions costs of a CFD trading app. However, these are likely to be the same as you’d get on a desktop. Regardless of the platform, brokers will usually charge interest for long positions held overnight on CFDs. Commission charges will be a percentage of a trade size e.g. 0.3% or as a minimum charge, like $7. However, some CFD trading apps provide commission-free trading depending on the broker you select.
Market Access
Do you wish to trade CFDs in indices, shares, commodities or forex? Do you want access to the global markets? Some CFD trading apps restrict access to some assets or currency pairs, which you’ll have to consider before opening an account. The best CFD trading apps in the UK, Germany and Australia, such as IG and CMC Markets offer global market access.
Reliability
CFD trading apps need to be dependable, especially when your live funds are on the line. These factors can make or break your profitability. Can you execute instant orders with up to date and live price quotes? You’ll want to ensure that the pricing structure is transparent with no hidden fees. While you don’t need to choose a regulated CFD trading app to enter the market, a licensed provider authenticates the application’s legitimacy.
Security
The best CFD trading apps should take additional steps to ensure account security. Some key features to note are two-factor authentication, SSL encryption and segregated bank accounts. Additionally, regulated CFD trading applications provide an additional layer of compensation should the provider go bankrupt.
Deposit & Withdrawals
Not all deposit & withdrawal times are the same across CFD trading apps. Some brokers will allow instant deposits to your account, meaning you can begin trading right away. However, longer deposit times are common, making same-day trading difficult. Consider, does the CFD trading app provide a wide range of payment methods or your most preferred payment option?
Customer Support
Sometimes, you may encounter issues with the CFD trading app that need to be resolved with urgency. Therefore, it’s vital that you opt for a reliable and responsive customer support team. Nowadays, the best CFD trading apps offer in-app 24/7 support in multiple languages.
Education
Whether you’re a new CFD trader or an experienced professional, CFD trading apps usually offer educational resources. As a leveraged instrument, trading CFDs are highly risky. Therefore, careful risk management should be embedded into your strategy. Make use of stop-losses and buy limit orders so that you don’t run the risk of losing more than you can afford.
Final Word
In this article, we covered how to compare CFD trading apps for iOS and Android and discussed how the flexibility that comes with mobile applications can benefit your strategy. However, traders must also consider the limitations of mobile trading, in particular, connectivity issues and screen size. Whether you’re trading in the US, UK or Australia, choosing the best CFD trading apps can be overwhelming with the wide range of options. Nonetheless, the level of innovation among the best CFD trading apps means that prioritising your investing needs can come first.
FAQs
How Do I Get Started Trading CFDs?
To start trading CFDs, you will need to open an account with an online broker. Brokers facilitate access to the market through CFD trading software. This is provided through web-based, desktop or mobile platforms. You will then need to fund your trading account. CFD trading apps allow you to manage and execute your trades on the go. Plus, you can test out a CFD trading app with a free demo account.
How Do I Find The Best CFD Trading Apps?
Choosing the best CFD trading apps for you will depend on several factors, such as your trading style, skill level and even your country. Therefore, you should consider your priorities during your research. Perhaps commission-free trading is important to you, or an application with a wide range of tools for technical analysis. Some of the best CFD trading apps to download in the UK and Australia from regulated brokers include CMC Markets, IG and eToro.
What Is The Difference Between Web-based CFD Trading Software And CFD Trading Apps?
The main difference between web-based CFD trading software and a mobile application is that you can trade on the go without being tied to your desktop. However, some brokers allow differences in instruments on CFD trading apps vs desktop platforms. Another key difference is the limitation of screen size when comparing a mobile device and desktop. This can make technical analysis difficult for traders that love to dive into the data. Fees, deposit and withdrawal methods should remain the same between platforms, but it is worth noting any differences on the broker’s website.
How Do I Test CFD Trading Apps?
Most CFD trading apps offer a free demo account to test out their platform in a simulated environment with virtual funds. Generally, you will only be asked to input a few simple details, such as your name and email to get started.
Does Barclays Offer A CFD Trading App?
Barclays offers a trading app for novice and experienced investors called Smart Investor, which can be accessed through their mobile banking app. Here, you can invest in thousands of instruments, including derivatives like CFDs.