A CFD (contract for difference) describes a product where one can speculate on the price movements of financial assets without actually owning them. Traders can go long or short using leverage and trade multiple global markets from their desktops or phones.
There has been a rapid expansion of mobile-based trading, bringing us to busily navigate a wide range of options to find the best one. Hence, we’ve compared 10 of the best available CFD trading apps. We examined fees, usability, trading conditions, regulation, security, platform features, and app store ratings. Whether you’re a beginner or a seasoned trader, this guide will help you find the most suitable CFD app.
This is our list of the 10 best CFD Trading Apps:
Broker:
CFD App Availability:
Advantages:
Account:
Android & iOS
- High Leverage up to 1:1000
- RAW ECN Spreads from 0.0 pips
- Fastest execution
- Attractive Bonus Programs
- Copy Trading
- MT4 / MT5
- Personal support 24/7
Android & iOS
- ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:500
- Low Commission from 1.5$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
Android & iOS
- No Minimum Deposit
- Spreads from 0.0 Pips
- 26,000+ Markets
- Leverage up to 1:500
- Low Commission from 2$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Invest Account
- New Zealand regulated
Android & iOS
- ECN/STP Accounts
- Spreads from 0.0 Pips
- Leverage up to 1:1000
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- MT4/5 and Pro Trader
Android & iOS
- Mauritius-regulated broker
- High Leverage up to 1:1000
- Multiple account types
- More than 850 trading instruments
- MT4, MT5, PU Prime App
Android & iOS
- Tier-1 Regulated Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader
Android, iOS
- 5x regulated broker
- Spreads from 0.0 Pips
- More than 10,000 markets
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, IRRES
Android, iOS
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity and fast execution
- MT4/MT5/RTrader/CopyFX
Android, iOS
- Multiple regulations
- Leverage up to 1:300
- No Commission
- High liquidity and fast execution
- 3,000+ tradable assets
- TradingView, MetaTrader 4
Android, iOS
- Regulated by multiple authorities
- Spreads from 0.0 Pips
- Leverage up to 1:200
- Commission from 0% per lot
- 2,100+ tradable assets
- xStation 5, xStation Mobile
Comparison of The Best 5 CFD Trading Apps:
Let’s now look at the ten best CFD trading apps in more detail, with a brief overview and list of key features.
1. StarTrader

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 3.7 |
| Regulators: | SCA (UAE), FCA (UK), ASIC (Australia), FSC (Mauritius), FSA (Seychelles) |
| Minimum deposit: | $5 |
| Supported Trading Platforms: | MetaTrader 4, MetaTrader 5 |
| Maximum Leverage: | 1:500 |
| Available Markets: | Forex, commodities, indices, stocks, ETFs |
| Available Accounts: | Standard, ECN, Star Copy, Social Funds |
| Base Currencies Supported: | USD, CAD, GBP, EUR, SGD, AUD, NZD, HKD |
| Payment Options: | VISA, Mastercard, Sticpay, PM, Wise, bank transfer |
| Deposit/Withdrawal Fees: | N / A |
StarTrader is a multi-regulated CFD broker with 12 years of existence which we found as the best overall. It offers a range of well-known asset classes, including forex, indices, stocks, ETFs, and commodities. The broker’s $5 minimum deposit is quite lower than many others. This makes the company suitable for several trading styles and experience levels.
StarTrader has a simple two-account structure: Standard and ECN (where spreads start from zero). Still, we noticed that the broker shines the most with its passive offerings. Besides the copy trading account, traders have access to a PAMM account through ‘Social Funds’ for long-term fund management.
2. Vantage Markets

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.3/4.3 |
| Regulators | ASIC (Australia), VFSC (Vanuatu), FSCA (South Africa) |
| Minimum deposit | $50 |
| Supported Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Maximum Leverage | 1:500 |
| Available Markets | Forex, indices, commodities, stocks, ETFs, bonds, crypto |
| Available Accounts | Pro ECN, Raw ECN, Standard STP, Cent, Premium, Copy Trading |
| Base Currencies Supported | USD, EUR, GBP, JPY, AUD, NZD, CAD, SGD, HKD, PLN |
| Payment Options | VISA, Mastercard, JCB, China Union Pay, Neteller, Skrill, POLi, BPay, Astro Pay, broker-to-broker, Perfect Money, bank transfer |
| Deposit/Withdrawal Fees | N/A |
Vantage Markets is a derivatives broker from Vanuatu, originally formed in 2009. Like BlackBull Markets, it is supported on the basic MetaTrader packages, as well as the advanced cTrader and TradingView.
We were most impressed by the broker’s range of accounts and payment options. Also, we noticed that Vantage Markets has one of the best-rated apps on the Google Play Store. The app for CFD Trading boasts over 1 million downloads with a 4.3 rating (out of 5) from 7900 reviews.
Pros
- Highly rated app on the Google Play Store
- Reasonable minimum deposit
- Supported on multiple trading platforms
- A wide range of account types is available
- Supports multiple base currencies
Cons
- Slow order execution speeds
3. BlackBull Markets

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5) | 4.9 |
| Regulators | FMA (New Zealand), FSA (Seychelles) |
| Minimum Deposit | N/A |
| Supported Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Available Accounts | ECN Standard, ECN Prime, ECN Institutional, Copy Trader, Invest |
| Base Currencies Supported | USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF, SGD, HKD |
| Payment Options | VISA, Mastercard, Neteller, Skrill, crypto, Airtm, HexoPay, Amex, SEPA, POLi, PaymentAsia, Help2Pay, China Union Pay, Boleto, Beeteller, Astro Pay, bank transfer, |
| Deposit/Withdrawal Fees | No deposit fees, only a $5 withdrawal fee |
BlackBull Markets is a New Zealand CFD brokerage that was established in 2014 It offers over 26,000 markets across popular asset classes, ranging from forex to stocks. The broker’s standard account requires no minimum deposit. However, traders can take advantage of the ‘ECN Prime’ account to gain spreads from zero with a starting balance of $2000.
BlackBull Markets prides itself on a superior award-winning copy trading service boasting elite fund managers and advanced risk management control. You can also use BlackBull Markets on advanced trading platforms like cTrader (with its own dedicated separate app) and TradingView.
Pros
- No minimum starting balance
- Offers an award-winning copy trading service
- Works with MT4, MT5, cTrader, and TradingView
- Supports multiple base currencies
- Provides multiple payment options
Cons
- High deposit requirement for zero spread account ($2000)
- Withdrawal fee applies
4. Moneta Markets

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.7 |
| Regulators: | FSCA (South Africa), FSRA (Saint Lucia), FSA (Seychelles) |
| Minimum deposit: | $50 |
| Supported Trading Platforms: | MetaTrader 4, MetaTrader 4 |
| Maximum Leverage: | 1:500 |
| Available Markets: | Forex, commodities, indices, stocks, bonds, ETFs |
| Available Accounts: | Direct STP, Prime ECN, Ultra ECN, CopyTrader |
| Base Currencies Supported: | USD, GBP, CAD, EUR, SGD, NZD, JPY, HKD |
| Payment Options: | VISA, Mastercard, FasaPay, Sticpay |
| Deposit/Withdrawal Fees: | N/A |
Moneta Markets is a relatively new CFD trading provider launched in 2020. The broker provides over a thousand financial instruments across forex, commodities, stocks, and many others. It focuses on direct or straight-through execution, ensuring users that their orders are processed without manipulation.
Aside from the MetaTrader charting software, Moneta Markets offers its own proprietary trading apps, App Trader and Pro Trader. App Trader stands out for its signals, while Pro Trader is powered by TradingView.
Moneta Markets’ apps are available on Android and iOS, catering to a broad audience. With a competitive 1:500 leverage and $50 minimum deposit, Moneta Markets is a solid choice for a CFD trading app.
5. PU Prime

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.3 |
| Regulators: | FSA (Seychelles), FSC (Mauritius), FSCA (South Africa), ASIC (Australia) |
| Minimum deposit: | $50 |
| Supported Trading Platforms: | MetaTrader 4, MetaTrader 5 |
| Maximum Leverage: | 1:1000 |
| Available Markets: | Forex, metals, indices, commodities, stocks, ETFs, bonds |
| Available Accounts: | Standard, Prime, ECN, Cent, PU Copy Trading, PU Social |
| Base Currencies Supported: | USD, CAD, GBP, EUR, SGD, AUD, NZD, HKD |
| Payment Options: | Credit card, bank wire, crypto, e-wallet |
| Deposit/Withdrawal Fees: | N/A |
PU Prime is a Mauritian CFD broker, launched in 2015, that offers trading in seven distinct markets through the MetaTrader charting software. You achieve high leverage (up to 1:1000) across four primary account types: Standard, Prime, ECN, and Cent.
While the Standard account has a $50 minimum deposit, the Cent account offers a $20 minimum deposit with very similar features.
PU Prime caters to active traders with other accounts, which is what sets it apart from other trading apps. The broker offers two proprietary platforms dedicated to copy and social trading. Overall, we saw it as the best option for traders seeking various accounts under one roof.
6. Pepperstone

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 3.7/2 |
| Regulators: | FCA (UK), ASIC (Australia), CySEC (Cyprus), CMA (Kenya), BaFin (Germany), SCB (Bahamas) |
| Minimum deposit: | N/A |
| Supported Trading Platforms: | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Maximum Leverage: | 1:500 |
| Available Markets: | Forex, commodities, indices, stocks, ETFs, crypto |
| Available Accounts: | Standard, Razor, Pro, Copy Trading |
| Base Currencies Supported: | USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF, SGD, HKD |
| Payment Options: | VISA, Mastercard, MPESA, Paypal, Flutterwave, Neteller, Skrill, bank transfer |
| Deposit/Withdrawal Fees: | N/A |
Pepperstone is a multi-regulated Australian CFD broker that’s been around for almost 15 years. Its app caters to all budgets, with no minimum deposits required to start speculating in hundreds of markets.
Pepperstone is among the few brokers supported by the state-of-the-art TradingView. cTrader is another advanced software that allows you to trade using a Pepperstone account. Furthermore, there is also a dedicated app for copy trading linked to your Pepperstone account.
Pros
- Multi-regulated with several regional offices
- Multi-platform support
- Numerous base account currencies
- Broad instrument selection
Cons
- Restricted leverage in certain areas
- The most poorly rated app compared to the others
7. FP Markets

| Feature | Information |
|---|---|
| Year established: | 2005 |
| Regulators: | ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius) |
| Minimum deposit: | $100 |
| Supported Platforms: | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Supported Operating Systems for CFD Trading App: | Android, iOS, Huawei |
| Maximum Leverage: | 1:30 |
| Available Markets: | Forex, stocks, metals, commodities, indices, crypto, bonds, ETFs |
| Available Accounts: | Standard, zero spread, professional |
| Base Currencies Supported: | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, HKD, ZAR, MXN, BRL |
| Payment Options: | VISA, Mastercard, crypto, Perfect Money, Skrill, Swiffy, bank transfer |
| Deposit/Withdrawal Fees: | N/A |
| Android/iOS rating (out of 5): | 4/3.5 |
FP Markets (or First Prudential Markets) is the oldest broker in our guide, having started in 2005.
The app has a simple account range and requires a reasonable minimum deposit of $100. Another advantage of FP Markets is that you can trade on the MetaTrader, cTrader, and TradingView platforms.
What stood out the most when comparing the FP Markets app to the other brokers was its broad market selection, which comprises eight distinct asset classes.
Finally, it is one of the two brokers in our comparison whose app is available for the Huawei operating system.
Pros
- Multi-regulated
- The app is supported on three popular mobile operating systems
- Traders can open multiple base currencies
- An extensive range of instruments provides
- Many payment options are available
Cons
- Slightly high minimum deposit
- Restricted leverage on retail accounts
8. RoboForex

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.4/4.2 |
| Regulators: | FSC (Belize) |
| Minimum deposit: | $10 |
| Supported Trading Platforms: | MetaTrader 4, MetaTrader 5, RTrader |
| Maximum Leverage: | 1:2000 |
| Available Markets: | Forex, commodities, metals, ETFs, futures, indices, stocks |
| Available Accounts: | ECN, R Stocks Trader, Prime, Pro, ProCent, |
| Base Currencies Supported: | USD, EUR, gold |
| Payment Options: | VISA, MasterCard, JCB, China Union Pay, Western Union, Sticpay, Perfect Money, Neteller, Skrill, Astro Pay, bank transfer |
| Deposit/Withdrawal Fees: | N/A |
RoboForex is a Belizean derivatives broker established in 2009. The first aspect we liked about this CFD app is the wide range of accounts. These include a cent account and a Pro account, both of which offer 1:2000 maximum leverage. While risky, skilled traders can benefit the most from this high-leverage trading with as little as $10.
RoboForex leverages the accessible and familiar software names in MT4 and MT5, catering to all traders, especially those new to trading. All in all, RoboForex stands out primarily for varied account selection and high leverage.
Pros
- Reasonable minimum deposit
- Highly rated app on the Google Play Store
- The app is supported on three popular mobile operating systems
- Wide account range
- Offers a $30 welcome bonus
Cons
- Limited regulatory status
- Few base currencies are available
- Limited platform support
9. Capital.com

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.4 / 4.8 |
| Regulators: | CySEC (Cyprus), ASIC (Australia), FCA (UK), DFSA (UAE), SCTB (Bahamas) |
| Minimum deposit: | $10 |
| Supported Trading Platforms: | MetaTrader 4, TradingView |
| Maximum Leverage: | 1:200 |
| Available Markets: | Stocks, forex, indices, commodities, ESG, cryptocurrencies |
| Available Accounts: | CFD, 1X, spread betting |
| Base Currencies Supported: | GBP, EUR, USD, AUD, PLN, NOK, CZK, DKK, HUF, SEK, CHF, MXN, HKD, AED |
| Payment Options: | VISA/Mastercard/Maestro, bank transfer,, Apple Pay, Google Play, PayPal, Skrill, Neteller, Volt, PRZELEWY, TRUELAYER, TRUSTLY, USDT (crypto) |
| Deposit/Withdrawal Fees: | N/A |
Capital.com is a tech-driven CFD trading broker that was founded in 2016, boasting over 3,000 individual instruments. We noted the benefit of Capital.com’s numerous payment options as it caters to users from many different nations. Opening an account was quick, well-designed, and intuitive, another impressive feature.
This provider also boasts a low minimum deposit ($10) and mainly three accounts. The most interesting of these is the unique 1X account that provides non-leveraged trading. While you can only open long positions, there are no swaps and margin, as you are only using the deposited funds.
10. XTB

| Feature | Information |
|---|---|
| CFD Trading App | Yes, for free |
| Supported Operating Systems | Android, iOS |
| Android/iOS rating (out of 5): | 4.4 / 4.7 |
| Regulators: | FCA (UK), CySEC (Cyprus), FSC (Belize), DFSA (UAE) |
| Minimum Deposit: | N/A |
| Supported Trading Platforms: | MetaTrader 4 (only for existing users), xStation 5 (proprietary) |
| Maximum Leverage: | 1:500 |
| Available Markets: | Stocks, ETFs, forex, indices, commodities, |
| Available Accounts: | Basic, Standard, Pro |
| Base Currencies Supported: | USD |
| Payment Options: | VISA/Mastercard/Maestro, bank transfer, Skrill, Neteller |
| Deposit/Withdrawal Fees: | 1-2% on Skrill and Neteller; $30 fee for withdrawals below $50 |
XTB is a publicly-listed CFD trading broker first launched in Poland in 2002. It offers thousands of instruments across various markets, ranging from stocks to commodities. Despite this sheer range, no minimum deposit is required.
XTB provides two accounts (Standard and Pro) that differ mainly in the type of spreads and execution. However, the broker promotes its investing plans the most as a ‘smarter way to invest your savings.’ More specifically, this is zero-commission ETF investing with no minimum deposit.
All in all, while XTB is quite barebones in the general trading aspects, it is the best investing-based CFD app we reviewed.
Things We Considered Choosing the Best CFD App:
To help you separate the truly best CFD trading apps from the rest, we looked at several factors that impact your trading experience. From broker licensing to fees, platform variety to account types, we evaluated what really matters for traders at all levels. Jump directly to the section you’re most interested in by clicking the links:
- Regulation
- Number of Tradable Markets
- Fees
- App Features
- Account Selection
- Supported Trading Platforms
Regulation
Well-regulated brokers adhere to the highest safety, financial, and data protection standards. You can also rest assured that they will honour your deposit and withdrawal requests and resolve issues fairly, which are some of the pain points of traders.

We favoured brokers that were licensed by top-tier authorities like the FCA, ASIC, CySEC, or similar regulators with a proven enforcement record.
Number of Tradable Markets
A quality CFD app should give you access to a high selection of instruments. The more markets a broker offers, the more opportunities you have to diversify. We prioritised apps that support hundreds or even thousands of tradable assets across multiple sectors and regions.

Fees
We assessed spreads, commissions, overnight fees, and other hidden charges, such as inactivity or withdrawal fees. While all the brokers were competitive on spreads and commissions (as the most recurring charges), we gave extra points to those that also kept non-trading fees low, or eliminated them.

App Features
We looked for apps that support tools like stop-loss and take-profit orders, along with other risk management settings like adjustable leverage.
We also favoured platforms that go the extra mile, offering other features like real-time news feeds, economic calendars, and market sentiment. Other bells and whistles like copy trading or social trading add another layer of functionality.
Finally, live customer support (ideally accessible within the app) was another plus, especially for resolving real-time urgent issues or technical problems.
Account Selection
As with the number of markets, it’s crucial for brokers to provide as many account types as possible. This gives customers different trading experiences. For example, a cent account is perfect for those with less capital. Here, they can trade position sizes that would be less appropriate on a standard account.
Supported Trading Platforms
The best CFD apps go beyond just offering MetaTrader 4 or 5. While those platforms are industry standards for a reason, we gave extra credit to brokers who also support cTrader, TradingView, or custom-built apps with strong mobile and desktop integration. We also looked at platform stability, charting tools, execution speed, and user experience.

What is The Best CFD Trading App For Beginners?
We regard BlackBull Markets, XTB, and Capital.com as the best CFD Trading App for beginners for different reasons.
BlackBull Markets is our top overall pick, thanks to its no minimum deposit requirement, thousands of markets, and access to copy trading. These are some of the features that suit beginners. However, we saw that you can grow with the broker since they offer much more.
XTB shines for beginners with an interest in long-term investing, making it great for those who want to ease into the markets without actively trading. It promotes a clean, user-friendly interface through its proprietary xStation 5 platform. Their offerings are als more stripped down than those of other brokers, which is perfect for beginners.
Finally, let’s include Capital.com as another beginner-friendly broker. It makes the list due to its digital-focused platform with quick and intuitive onboarding. They support only two trading platforms, have three accounts, and a $10 minimum deposit.
What Is The Best CFD Trading App For Professionals?
We found FP Markets and Vantage Markets as the best CFD Trading Apps for professionals. Let’s see why we choose those two brokers:
- FP Markets offers eight distinct markets, a selection fit for experienced traders. The pros will also appreciate its support for MetaTrader, cTrader, and TradingView, the latter two being more advanced than the former. Also, the broker’s minimum deposit is the highest on our list, suggesting a preference for proficient users.
- Vantage Markets is more versatile with seven asset classes and six account types. This gives pros the flexibility to diversify or find an account that’s best tailored for a particular strategy. Like FP Markets, Vantage supports MetaTrader, cTrader, and TradingView, but stands out for its wide range of payment options.
Which CFD Trading App is Suitable For Crypto CFDs?
In our reviews, three brokers stood out: FP Markets, BlackBull Markets, and Capital.com. If your focus is on trading crypto CFDs, you’ll want an app that offers tight spreads and a wide selection of coins.
The spreads of these companies were the lowest compared to the others. Meanwhile, Capital.com boasts the highest range of crypto markets with 523.
How to Use CFD Trading Apps:
CFD trading apps allow you to trade derivatives of popular financial markets like stocks, currencies, and indices on your phone or desktop. The easy part is downloading the app. However, most of the work happens before this process, where you practice and master the art of trading. Assuming you have a proven profitable strategy, you can look at steps to download your preferred app.
- Firstly, create an account with your preferred broker to receive login details.
- Next, determine if you will use an Android or iPhone app. Then, go to the relevant online store to download it.
- Once installed, you will open the app and log into your account (with the details gained during the initial sign up progress). Navigate to a section where you can see the available instruments
- After you have chosen the individual asset or market, click ‘Buy’ or ‘Sell’ depending on the direction you believe it will (based on your strategy). Ensure your position size is appropriate. Furthermore, ensure reasonable stop loss and profit targets are in place.
- You can view their floating profit and loss after your trade or trades are executed. If a stop loss is in place, the position will close automatically in case of a loss. Conversely, it would close automatically at the ‘take profit’ level (in a favourable condition), or you can manually exit the trade.
Can You Trade Forex Via CFD Trading Apps?
Yes, Forex CFDs are often the most actively traded instruments on these platforms. You can speculate on popular major currency pairs like EURUSD and USDJPY, as well as minors such as EURGBP and AUDJPY, and exotics like USD/ZAR and EURTRY.
The leverage in forex is the highest among CFDs for many countries globally (but quite limited in regions like the EU and UK). This means that even small price movements can generate significant gains or losses, making effective risk management crucial.
What Are the Pros and Cons of CFD Apps?
Let’s summarise the advantages and disadvantages of CFD apps.
Pros
- Trading convenience
- Ease of administration
- Quicker access to trading tools
Cons
- Potential for over-leveraging
- Ease of over-trading
- Limited screen size and functionality
Pros of CFD Apps
There is a lot of appeal to having many global markets at your fingertips. Using a trading app means you can take advantage of trading opportunities anywhere in the world with an internet connection.
It’s not only the ease of executing trades that’s a perk, but the ability to perform specific administrative tasks. These include depositing, withdrawing, and transferring funds to different accounts. You can also chat with the relevant customer service on the app.
Traders can save time using tools like position size calculators and economic calendars on their mobile devices instead of using their desktops or laptops for this task.
Cons of CFD Apps
Leverage as low as 1:100 can result in bigger financial losses than intended if a trader isn’t careful. So, you can only imagine how fast this is accelerated on higher leverage. While using as little leverage as possible is the least risky option, CFD trading remains speculative.
The mobile convenience of apps can work against traders. The ease of opening a trade on your phone may induce a habit of trading too frequently. Of course, quantity doesn’t equal quality, so over-trading is usually not profitable.
CFD trading apps have advanced dramatically in recent years. They have as many features as possible to mimic their desktop counterparts.
Unfortunately, due to their limited screen size, they can never fully replace personal computers. Performing technical or charting analysis on a smaller screen is more challenging.
Overall, apps on mobile devices will naturally have less functionality than the same app on a desktop or laptop to accommodate the device’s physical dimensions.
CFD App Trading vs CFD Trading on Desktop:
| CFD App Trading | CFD Desktop Trading |
|---|---|
| Pros: Using an app, from navigation to execution, is noticeably quicker than on a desktop. Apps are more convenient when you’re on the go. | Pros: Due to the wider screen, desktop trading offers a broader view of the charts, enabling more accurate analysis. Due to the larger screen, traders have access to all the features of a particular trading platform. The environment fosters better concentration, as a trader is usually at home or in another place with minimal interference. |
| Cons: It’s a less holistic experience due to the smaller screen size, e.g., slightly fewer features, and the difficulty of gaining a ‘bird’ s-eye view’ of the charts. There is usually greater distraction due to notifications from other apps on the device and the physical environment. | Cons: Desktop trading is less convenient when moving around due to physical constraints. Desktop apps are slightly lower in processing compared to mobile apps. |
| Maximum Leverage | 1:500 |
Fortunately, you can strike a balance by performing your comprehensive analysis on a personal computer. Then, you can use an app where necessary to enter into trades. This works well if you prefer manual execution (instead of pending orders), but may not always be near your desktops.
Afterwards, the app can help show you the current status of your trades. You can, where necessary, close or open more positions on the go.
Are CFD Apps Secure? – Problems When Using Them
For the most part, yes. The one benefit of using regulated, reputable brokers is that they provide the most technically sound and updated apps. Developers will ensure that the app adheres to industry-standard safety protocols, particularly data encryption.
Still, users should ensure their mobile devices are protected from cyber threats. While not very common, hackers may access your banking app while you are attempting to deposit money into your account.
Another issue is large-scale data breaches when a broker mishandles client personal information. These can result in the potential for loss of privacy, fraud, and identity theft for users.
Are CFD Trading Apps Free?
Most CFD trading apps are free to download and use, but trading itself isn’t free. Brokers make money through spreads, commissions, and overnight funding fees. Some may also charge for withdrawals, inactivity, or certain premium features. So, it’s worth checking the broker’s fee schedule before you start trading.
How To Pay Tax On Your CFD Trading App?
Paying tax on CFD profits depends on where you live, as each country has its own tax rules for financial trading. A few examples:
- In the UK, for example, there is capital gains tax once you exceed the annual allowance.
- In Australia, CFDs profits are generally treated as regular income and taxed at your marginal rate.
- Some countries are more favourable, while others may tax every profitable trade regardless of holding period.
Most CFD brokers provide detailed account statements that list your trades, profits, losses, and fees. These can be used when preparing your annual tax return or financial report. It’s important to keep accurate records, as you could offset trading losses against other capital gains in certain countries to reduce your overall tax liability.
Regardless, it’s wise to consult a qualified tax professional in your country to ensure you meet reporting requirements and capitalise on any available deductions or allowances. This way, you stay compliant while keeping more of your trading profits.
Conclusion
CFD trading apps have transformed how traders access the markets. They provide instant execution, advanced charting, and risk management tools right at your fingertips. The best app for you will depend on your trading style, experience, preferred markets, budget, and need for advanced features.
The 10 options reviewed here are among the best in the industry and cater to the needs of every trader. Above all, remember that while CFD apps make trading more accessible, they don’t remove the risks of leveraged trading. Start small, use strong risk management, and grow your confidence before increasing your exposure.
Once again, these are the brokers with the best CFD Trading Apps:
- StarTrader (best overall)
- Vantage Markets (best for offering a huge selection of payment options)
- BlackBull Markets (best for copy trading)
- Moneta Markets (best for trading signals)
- PU Prime (best for its broad account range)
- Pepperstone (best for multi trading platform range)
- FP Markets (best for having a wide selection of markets)
- RoboForex (best for high leverage)
- Capital.com (best for non-leveraged trading)
- XTB (best for investing)
Frequently Asked Questions on CFD Trading Apps
Which is the best CFD trading app for beginners?
We recommend StarTrader due to its low minimum deposit and minimal third-party platform support.
Are CFD trading apps legal?
Yes, in most countries. Some nations may restrict this practice due to regulatory issues. So, one should always verify that one is on the right side of the law.
Can you make money with CFD trading apps?
Yes. However, it is challenging as traders must maintain a high predictive ability using restricted information. This is why CFD trading is considered speculative, since there is always a real risk of losing money (but also the potential to make a significant gain).








