5 Best CFD Trading Apps Compared (Top List 2025)

CFD trading apps are all the rage these days. They allow you to trade the most popular markets anywhere globally on the go. Let’s compare the five best CFD trading apps here. Here’s a quick list for a teaser in this guide.

This is the list of the five best CFD Trading Apps:

Comparison of The Best 5 CFD Trading Apps:

Let’s look at the five best CFD trading apps in more detail, with a list of key features and a brief overview. 

1. BlackBull Markets

Feature	Information
Year established:	2014
Regulators:	FMA (New Zealand), FSA (Seychelles)
Minimum deposit	N/A
Supported Platforms:	MetaTrader 4, MetaTrader 5, cTrader, TradingView
Supported Operating Systems for CFD Trading App:	Android, iOS
Maximum Leverage:	1:500
Available Markets:	Forex, stocks, commodities, futures, indices, crypto
Available Accounts:	Standard, zero spread, professional, social trading
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
Android/iOS rating:	No/4.9

BlackBull Markets is a CFD brokerage from New Zealand that was established in 2014. We consider it the winner among the other trading apps. Firstly, it offers over 26,000 markets across popular asset classes, from forex to stocks. 

The broker’s standard account requires no minimum deposit. However, traders can use the ‘ECN Prime’ account, which has a starting balance of $2000, to gain spreads from zero.

BlackBull Markets prides itself on a superior copy trading service, and it was awarded ‘Best Copy Trading Broker’ at the 2023 Forex Expo Dubai.

You can also use BlackBull Markets on advanced trading platforms like cTrader (with its dedicated separate app) and TradingView. Our overall assessment shows that it is the most complete CFD app, whether you trade solo or seek to copy-trade.

2. Vantage Markets

Feature	Information
Year established:	2009
Regulators:	ASIC (Australia), VFSC (Vanuatu), FSCA (South Africa)
Minimum deposit:	$50
Supported Platforms:	MetaTrader 4, MetaTrader 5, cTrader, TradingView
Supported Operating Systems for CFD Trading App:	Android, iOS
Maximum Leverage:	1:500
Available Markets:	Forex, indices, commodities, stocks, ETFs, bonds, crypto
Available Accounts:	Standard, zero spread, professional, cent, premium, social 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
Android/iOS rating (out of 5):	4.3/4.3

Vantage Markets is a derivatives broker from Vanuatu that was formed in 2009. Like BlackBull Markets, it is supported by the basic MetaTrader packages and the advanced cTrader and TradingView.

We were most impressed by the broker’s range of accounts. While the others generally provide standard, zero-spread, and social trading accounts, Vantage Markets also has a cent account. 

This is a lower-risk account where you can trade position sizes denoted in cents. While the starting balance is $50, this is quite reasonable and below the average. Also, we noticed that Vantage Markets has one of the best-rated apps on the Google Play Store. The app boasts over 1 million downloads with a 4.3 rating (out of 5) from 7900 reviews.

Overall, little separates Vantage Markets from the other brokers except for its varied account types.

3. 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.

4. RoboForex

Feature	Information
Year established:	2009
Regulators:	FSC (Belize), CySEC (Cyprus)
Minimum deposit:	$10
Supported Platforms:	MetaTrader 4, MetaTrader 5
Supported Operating Systems for CFD Trading App:	Android, iOS, Huawei
Maximum Leverage:	1:2000
Available Markets:	Forex, commodities, metals, ETFs, futures, indices, stocks
Available Accounts:	Standard, zero spread, professional, cent, social trading
Base Currencies Supported:	USD, EUR, gold
Paybment Options:	VISA, MasterCard, JCB, China Union Pay, Western Union, Sticpay, Perfect Money, Neteller, Skrill, Astro Pay, bank transfer
Deposit/Withdrawal Fees:	N/A
Android/iOS rating (out of 5):	4.5/4.3

RoboForex is a Belizean derivatives broker established in 2009. The first aspect we liked about this app is the wide range of accounts. These include Cent and Proaccounts, 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 new ones.

Like Vantage Markets, RoboForex has an impressive 4.3 rating (out of 5) from 7900 reviews and over a million downloads. Overall, RoboForex stands out primarily for its high leverage and varied account selection.

5. Pepperstone

Feature	Information
Year established	2010
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
Supported Operating Systems for CFD Trading App:	Android, iOS
Maximum Leverage:	1:500
Available Markets:	Forex, commodities, indices, stocks, ETFs, crypto
Available Accounts:	Standard, zero spread, professional, copy trading, social 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
Android/iOS rating (out of 5):	3.7/2

Pepperstone is a multi-regulated CFD broker from Australia that’s been around for almost 15 years. Its app caters to all budgets with no minimum deposits for one 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 (a separate app is available). 

Furthermore, a dedicated app for copy trading is linked to your Pepperstone account. Overall, Pepperstone is a complete package of features and boasts an excellent reputation among CFD traders.

Things We Considered Choosing the Best CFD App:

• Regulation
• Number of Tradable Markets
• Fees
• Account Selection
• Supported Trading Platforms

Regulation

Our first reference point when reviewing these CFD trading apps is regulation. This is crucial for many reasons. Firstly, well-regulated brokers adhere to the highest safety and data protection standards. Rest assured that they will honour your deposit and withdrawal requests. 

Finally, licensed brokers maintain ethical and fair treatment in all their trade interactions. The more regulatory licenses a broker has, the better their reputation.

Number of Tradable Markets

A broker with a high selection of instruments provides traders with the most opportunities and diversification options.

Fees

Generally, CFD brokers are competitive regarding recurring trading costs (spreads or commissions). However, we also considered other potential fees, such as those related to depositing and withdrawing, favouring those with no charges.

Account Selection

As with the number of markets, brokers must 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

As with the other variables, the more, the merrier. While many CFD brokers work with MT4 and MT5, it’s a selling point to be supported on different trading platforms.

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. You can do this without owning the asset in question and be able to buy or sell it at will.

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 a proven profitable strategy, you can look at the steps to download your preferred app.

• Create Account: Create an account with your preferred broker to receive login details.
• Download App: Next, determine whether you will use an Android or an iPhone app. Then, go to the relevant online store to download it.
• Log In: Once installed, you will open the app and log into your account (with the details gained during the initial sign-up process). Navigate to a section where you can see the available instruments.
• Trade: After you have chosen the individual asset or market, click ‘Buy’ or ‘Sell’ depending on the direction you believe it will go (based on your strategy). Ensure your position size is appropriate. Furthermore, ensure reasonable stop losses and profit targets are in place.
• Check Analytics: Now that your trade or trades are executed, you can view their floating profit and loss. If a stop loss is added, 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.

What Are the Pros and Cons of CFD Apps?

Let’s summarise the advantages and disadvantages of CFD apps.

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.

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.	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: 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.

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.

Conclusion

The CFD trading app space is ultra-competitive. However, the five options reviewed here are among the best in the industry.

• BlackBull Markets is our #1 choice in this trading app comparison guide. Their key benefits include multi-platform integration and zero minimum deposit. We were also impressed by the reception of BlackBull Market’s copy trading.

• Vantage Markets was a notch higher than the rest in its range of account types, including a cent account (also available with Roboforex).

• FP Markets may appeal to traders seeking the most markets on one platform.

• RoboForex stands out for offering the highest leverage.

• Last but not least, there is Pepperstone. This is also an excellent trading app favouring traders who want to trade through this broker on advanced platforms like cTrader and TradingView.

Frequently Asked Questions on Forex Trading Apps