CFD Trading Apps

CFD trading apps allow investors to manage their trading activity from a mobile device. The best applications offer hassle-free deposits and withdrawals, interactive charting and analysis software, plus straightforward order execution. In this guide, we rank and compare the top CFD trading apps for UK investors. All of the applications listed below can be downloaded for free when you open a CFD trading account with the respective broker.

Best CFD Trading Apps

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Found 68 Brokers
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
FTSE Spread
0.5 pt
GBPUSD Spread
1.0 var
Oil Spread
0.02
Stocks Spread
0.13 Abv Market
FCA Regulated
No
MT4 Integration
Yes
Trade on a range of CFDs with competitive spreads and leverage
FTSE Spread
Variable
GBPUSD Spread
1.0 pip average
Oil Spread
Variable
Stocks Spread
NA
FCA Regulated
No
MT4 Integration
Yes
XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments on their trading platforms.
FTSE Spread
0.08%
GBPUSD Spread
0.1 pips
Oil Spread
0.03
Stocks Spread
0.2% Var
FCA Regulated
Yes
MT4 Integration
No
Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
FTSE Spread
1 pt
GBPUSD Spread
0.0 via ECN
Oil Spread
2.8 pips (Var)
Stocks Spread
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs on popular indices, shares, forex, crypto & commodities. Award winning platform, zero commission, free education and low spreads.
FTSE Spread
1.2
GBPUSD Spread
1.0 but 0.0 on Raw Account
Oil Spread
1.0
Stocks Spread
1.0
FCA Regulated
No
MT4 Integration
Yes
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
FTSE Spread
1.5 pts (var)
GBPUSD Spread
2.1 (var)
Oil Spread
0.05 (var)
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.
FTSE Spread
1 pt
GBPUSD Spread
0.5 pips
Oil Spread
1 pt
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
FTSE Spread
1 pt
GBPUSD Spread
1.1 pips
Oil Spread
3 pips
Stocks Spread
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs in a range of financial markets.
FTSE Spread
2
GBPUSD Spread
1.5
Oil Spread
0.13
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
No
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
FTSE Spread
2 pts
GBPUSD Spread
0.5 pips
Oil Spread
6 pips
Stocks Spread
0.1% Each Side
FCA Regulated
No
MT4 Integration
Yes
Capital.com offer CFDs and Forex CFDs on a huge range of assets, with competitive spreads and zero commission on unique platforms, including the fully functional mobile app.
FTSE Spread
1.3 pt
GBPUSD Spread
1.3 pips
Oil Spread
0.06 pips
Stocks Spread
0.1% Var
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs with up to 1:2000 leverage.
FTSE Spread
N/A
GBPUSD Spread
2
Oil Spread
5.2
Stocks Spread
From 0.1
FCA Regulated
No
MT4 Integration
Yes
FXChoice offers leveraged CFD products on a breadth of financial markets.
FTSE Spread
1.25
GBPUSD Spread
98 - 107
Oil Spread
30 - 49
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
FTSE Spread
1.56 pts (Ave)
GBPUSD Spread
0.64 (Ave)
Oil Spread
3.1 pips (Ave)
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
FTSE Spread
GBPUSD Spread
0.9 (MT4)
Oil Spread
3 pips
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on oil, currencies, indices, and stocks
FTSE Spread
-
GBPUSD Spread
From 0.1
Oil Spread
From 0.0
Stocks Spread
From 0.0
FCA Regulated
No
MT4 Integration
Yes
Invest in the markets with online CFDs.
FTSE Spread
0.77
GBPUSD Spread
1.3
Oil Spread
0.09
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Diversify trading portfolios with contracts for difference available on multiple financial markets.
FTSE Spread
From 0.4
GBPUSD Spread
From 0.6
Oil Spread
From 3.0
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Finq.com offers highly leveraged CFD products
FTSE Spread
2.0 pts
GBPUSD Spread
From 1.0 pip
Oil Spread
5.0 pips
Stocks Spread
<0.25%
FCA Regulated
No
MT4 Integration
Yes
CFDs are available across multiple financial markets.
FTSE Spread
Not offered
GBPUSD Spread
0.9 pips
Oil Spread
4-15 pips
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
No
FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.
FTSE Spread
1.3 pts
GBPUSD Spread
0.3 (var)
Oil Spread
9 pts (var)
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on forex, indices, shares, precious metals, and energies.
FTSE Spread
1 - 2.3
GBPUSD Spread
0.0 - 1.5
Oil Spread
Variable
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
FTSE Spread
0.7
GBPUSD Spread
0.4
Oil Spread
0.03
Stocks Spread
From 0.4
FCA Regulated
Yes
MT4 Integration
Yes
Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.
FTSE Spread
2 pips
GBPUSD Spread
1.3 pips (var)
Oil Spread
0.05
Stocks Spread
4 pips
FCA Regulated
Yes
MT4 Integration
Yes
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
FTSE Spread
1 pt
GBPUSD Spread
0.9 pips
Oil Spread
3 pips
Stocks Spread
0.1% Var
FCA Regulated
Yes
MT4 Integration
Yes
IronFX offers online trading in forex, stocks, futures and commodities
FTSE Spread
GBPUSD Spread
Oil Spread
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
Dukascopy is a Swiss-based forex, CFD, and binary options broker
FTSE Spread
166
GBPUSD Spread
N/A
Oil Spread
5.1
Stocks Spread
Start from 0.1
FCA Regulated
No
MT4 Integration
Yes
CFDs are supported for US stocks, equity indices, currency indices, energies and metals.
FTSE Spread
5
GBPUSD Spread
0.5
Oil Spread
3
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
FTSE Spread
1 pt
GBPUSD Spread
0.9
Oil Spread
3.0
Stocks Spread
.10% Var
FCA Regulated
Yes
MT4 Integration
Yes
Go long and short on popular financial markets via the RaceOption platform
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
FCA Regulated
No
MT4 Integration
No
TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
FTSE Spread
4.0
GBPUSD Spread
1.4
Oil Spread
0.0
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Anzo Capital clients can use MetaTrader 4 to trade CFDs on stocks, equity indices, crude oil and precious metals with competitive price levels.
FTSE Spread
1.1
GBPUSD Spread
0.3
Oil Spread
0.0
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes
Rockfort Markets clients can trade a range of CFDs with high leverage rates, covering crypto, forex, commodity and international equity markets.
FTSE Spread
GBPUSD Spread
0.6
Oil Spread
Variable
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on stocks, indices and commodities.
FTSE Spread
Not Available
GBPUSD Spread
From 0.5 pips
Oil Spread
From 1.6 pips
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
AdroFX offers margin trading on CFDs across popular financial markets.
FTSE Spread
From 9.0
GBPUSD Spread
From 0.5
Oil Spread
N/A
Stocks Spread
From 5.0
FCA Regulated
No
MT4 Integration
Yes
Trade thousands of different assets with leveraged contracts for difference.
FTSE Spread
0.5
GBPUSD Spread
2.0
Oil Spread
4.4
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Contracts for difference are offered on popular financial markets with tight spreads.
FTSE Spread
1.0
GBPUSD Spread
0.6
Oil Spread
3.5
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Buy and sell across the financial markets with leveraged CFD products.
FTSE Spread
0.84
GBPUSD Spread
0.64
Oil Spread
1.6
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on multiple financial markets including FX, indices & shares.
FTSE Spread
0.50
GBPUSD Spread
2.3
Oil Spread
0.05
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
CFDs are available on hundreds of markets including FX, indices, shares, & commodities.
FTSE Spread
1.7 - 2.95
GBPUSD Spread
0.8
Oil Spread
0.03 - 0.08
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Buy and sell CFDs on the financial markets.
FTSE Spread
10.4
GBPUSD Spread
0.8
Oil Spread
5.2
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs with tight spreads and leverage.
FTSE Spread
11.9 - 12.0
GBPUSD Spread
0.1 - 1.8
Oil Spread
0.12 - 0.19
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Leveraged CFDs are available in several financial markets.
FTSE Spread
0.9
GBPUSD Spread
1.3
Oil Spread
0.02
Stocks Spread
N/A
FCA Regulated
Yes
MT4 Integration
Yes
Leveraged CFD products are available in multiple financial markets.
FTSE Spread
1.3
GBPUSD Spread
1.2
Oil Spread
0.03
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade leveraged CFDs on a range of financial markets
FTSE Spread
From 0.1
GBPUSD Spread
From 0.1
Oil Spread
From 0.1
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade on contracts for difference with up to 1:30 leverage.
FTSE Spread
0.2
GBPUSD Spread
1.1
Oil Spread
0.01
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs with up to 1:30 leverage in multiple markets.
FTSE Spread
2
GBPUSD Spread
2
Oil Spread
0.04
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
FTSE Spread
0.31
GBPUSD Spread
0.49
Oil Spread
0.03
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on thousands of markets, including forex, indices, shares, and commodities
FTSE Spread
0.8
GBPUSD Spread
1.3
Oil Spread
0.03
Stocks Spread
0.5
FCA Regulated
Yes
MT4 Integration
Yes
Zero Leverage Digital CFDs have a daily fee of approx. 1 pip and forex CFDs leverage up to 1:40
FTSE Spread
N/A
GBPUSD Spread
0.9
Oil Spread
N/A
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
No
Trade on a range of leveraged CFD products at HYCM.
FTSE Spread
Not offered
GBPUSD Spread
From 0.1 + $4 per round
Oil Spread
From 2 pips
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs on currency pairs, indices, & commodities with tight spreads.
FTSE Spread
1.2
GBPUSD Spread
0.2
Oil Spread
4
Stocks Spread
N/A
FCA Regulated
Yes
MT4 Integration
Yes
Trade online CFDs with up to 1:30 leverage.
FTSE Spread
0.9
GBPUSD Spread
0.4
Oil Spread
50
Stocks Spread
0.02 USD
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs with leverage across multiple markets.
FTSE Spread
N/A
GBPUSD Spread
0.5
Oil Spread
0.05
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFD products in financial markets.
FTSE Spread
1
GBPUSD Spread
Floating from 0
Oil Spread
0.3
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes
A suite of contracts for difference are available across popular markets with up to 1:500 leverage.
FTSE Spread
Floating from 0.2
GBPUSD Spread
Floating from 0.1
Oil Spread
Floating from 0.05
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
No
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
FCA Regulated
Yes
MT4 Integration
No
Fondex offers leveraged CFDs on a wide range of popular financial markets.
FTSE Spread
1.4
GBPUSD Spread
0.71
Oil Spread
6.71
Stocks Spread
Start from 0.01
FCA Regulated
No
MT4 Integration
No
You can take positions on a range of popular trading markets
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
FCA Regulated
No
MT4 Integration
No
Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients
FTSE Spread
1.0 pts
GBPUSD Spread
0 pips (Via Razor)
Oil Spread
2.0 pips
Stocks Spread
From 0.0 pts for US shares
FCA Regulated
Yes
MT4 Integration
Yes
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
FCA Regulated
Yes
MT4 Integration
No
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
FTSE Spread
1.3 pt
GBPUSD Spread
2 pips
Oil Spread
5 pips
Stocks Spread
0.2% Var
FCA Regulated
Yes
MT4 Integration
No
Start trading on the financial markets with up to 1:500 leverage using competitive CFDs.
FTSE Spread
Not offered
GBPUSD Spread
From 0.1
Oil Spread
From 0.1
Stocks Spread
From 0.1
FCA Regulated
No
MT4 Integration
Yes
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
FTSE Spread
1 pt
GBPUSD Spread
2 pips
Oil Spread
5 pts
Stocks Spread
0.24% Var
FCA Regulated
Yes
MT4 Integration
No
Leveraged CFD trading is available on major financial markets.
FTSE Spread
From 0.0
GBPUSD Spread
From 0.0
Oil Spread
From 0.0
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Invest in traditional and emerging markets in line with your broker's supported assets.
FTSE Spread
Broker dependent
GBPUSD Spread
Broker dependent
Oil Spread
Broker dependent
Stocks Spread
Broker dependent
FCA Regulated
No
MT4 Integration
Yes
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
FTSE Spread
13
GBPUSD Spread
0.7 var
Oil Spread
4 pts
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on forex, indices, & commodities
FTSE Spread
0.7
GBPUSD Spread
0.2
Oil Spread
0.3
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes

CFD Basics

Contracts for differences (CFDs) are agreements whereby a trader and broker must pay the difference in the price of an underlying asset between when the contract is purchased and when it is sold. A trader can make a profit from purchasing CFDs if they correctly anticipate the direction that the price of the chosen underlying asset, such as British Airways (AIG) stock, moves in. If the trader anticipates a price rise, they ‘go long’. If the trader anticipates a fall in price, they ‘go short’.

How CFD Trading Apps Work

CFD trading apps are essentially a one-stop shop for managing investments. Some brokers use outsourced software, such as MT4, while others develop their own, in-house applications. The best software is compatible with iOS and Android devices and can be downloaded for free when you register for an account.

Importantly, retail traders are increasingly scanning the markets and opening and closing positions from their smartphones or tablet devices, instead of their desktop computers. In fact, over half of retail trades in 2021 were executed on mobile devices. As a result, CFD brokers are investing in their trading applications to ensure they offer a user-friendly trading environment with a suite of tools and features to aid decision-making.

Top CFD trading apps

RoboForex CFD App

Comparing CFD Trading Apps

We have compiled a list of the key factors to consider when choosing a CFD trading app:

  • Speed: Does the app offer the best execution speeds? Good quality software will offer ultra-fast executions, helping to protect profits and limit losses in volatile markets.
  • Regulation: Is the CFD broker regulated by the UK’s Financial Conduct Authority (FCA)? This is a sign that the brand is trustworthy and reliable. Alternatively, are they licensed with another reputable financial agency, such as the Australian Securities & Investments Commission (ASIC) or the Cyprus Securities & Exchange Commission (CySEC)?
  • Compatibility: Is the software compatible with your mobile device, be that an iPhone, Android or Windows device? Check if the application is available on the Apple App Store or Google Play. Most brokers also provide free download links on their websites.
  • Fees: Does the CFD trading app offer competitive spreads and commissions? The top providers offer spread-only accounts and trading solutions that combine spreads and commissions. Also check for other fees, including overnight charges, deposit and withdrawal fees, plus subscriptions for additional tools, such as copy trading software.
  • Range of markets: Which underlying assets can you speculate on? Can you trade on FTSE-listed stocks and currency pairs with the GBP, for example? Alternatively, look for access to international markets.
  • Security: Does the CFD investing app offer two-step authentication? Traders can be a target for hackers. Make sure the app you download offers data encryption and two-factor authentication. This is particularly important if you opt for a broker’s proprietary software over a well-known app like MetaTrader 4.
  • Payment methods: Can you deposit and withdraw from the mobile app? Also check the list of available payment options. The top brand support deposits via Visa, Mastercard and wire transfer, plus eWallets like PayPal, Skrill and Neteller. An increasing number of brands are also accepting Bitcoin payments. Look at payment timelines too. The best brokers offer instant deposits and withdrawals within 48 hours.
  • Customer support: How can you reach the customer support team if you experience an issue? The best CFD trading apps have a built-in live chat terminal or links to social media forums. Also check opening times. Leading brands offer 24/5 or 24/7 customer support.
  • Learning tools: The best apps offer integrated resources to support your CFD trading journey. These could be free webinars, blogs or live forums where you can ask questions of other traders. These are great places for beginners to find out about risk management and different trading strategies.
  • Features: Can you access copy trading tools? Does the app offer advanced charting, stock scanners or forex heat maps? Check for tools and features that will upgrade the trading experience.
  • Leverage: How much purchasing power does the CFD trading app provide? FCA-regulated firms usually cap leverage to 1:30 unless you qualify for a professional account.
  • Demo account: Can you test drive the app and broker with a free demo account? This is a good way to check you are comfortable with the application and trading conditions before risking real funds.
Best CFD trading app software

Skilling CFD App

Trading Apps Vs Desktop Terminals

The best CFD trading apps essentially replicate the fully-featured desktop platform. This means users don’t have to compromise on the breadth and quality of tools when moving to their mobile device. The top applications provide mobile-optimised charts and graphs, ultra-fast execution speeds and real-time news and alerts. The result is that traders can find opportunities and manage orders while on the go.

Of course, the smaller screen on a mobile or tablet device can affect the trading experience. This is particularly true for technical traders who may rely on multiple charting views alongside historical data. This sort of in-depth financial analysis can prove tricky on a 6-inch iPhone screen.

As a result, many traders prefer to supplement their desktop trading activities with their mobile app. So detailed market research can be conducted on the desktop platform while clients can monitor positions and amend trade parameters from their mobile or tablet device.

Benefits of CFD Apps

  • Constant access: CFD trading apps offer around-the-clock access to traditional and emerging financial markets. This means clients can view the latest market activity in the crypto space over the weekend, for example. Traders simply need a stable internet connection.
  • Information: Trading apps provide up-to-date information that can inform investment decisions. This is particularly important with CFDs which do not typically have fixed expiries – it is up to the trader to choose when to exit a position. Having access to the latest news and market data can support trading decisions.
  • Account management: CFD apps allow users to manage their trading account and portfolio while on the move. Clients can deposit and withdraw funds, claim bonuses and promotions, or engage in copy trading while on the commute to work.
  • Compatibility: Almost all the best online brokers offer free CFD trading apps that can be downloaded to both iOS and Android devices. This also means clients have more choice when choosing a provider.

Drawbacks of CFD Apps

  • Screen size: Many traders prefer larger monitors when conducting detailed technical analysis. Some mobile devices also struggle to run large applications which can cause lags and delays, affecting the user experience.
  • ‘Always on’: CFD trading apps enable investors to always be tapped into the markets. And while this can be positive, it can lead to reactive decisions that don’t align with the original strategy or trading plan.
List of best CFD trading apps

CMC Markets CFD App

Getting Started

CFD trading apps have revolutionised retail trading. Investors can now scan the markets and manage positions while on the go. To get started, use our guide above to find a suitable brand. Alternatively, choose from our list of the best CFD trading apps in 2022. Simply follow the sign-up link to create an account, then download the trading app from the respective app store or directly from the broker’s website.

FAQ

Is A Desktop Platform Better Than A CFD Trading App?

Desktop terminals offer access to larger monitors which can help with detailed technical analysis, especially if you run multiple charts and graphs simultaneously. Importantly though, CFD trading apps do not have to be an alternative to desktop investing; rather a complimentary solution for managing trading activity and positions while on the go.

What Is The Best CFD Trading App?

The best CFD trading app will ultimately come down to personal preference. With that said, MT4 is popular. Skilling and CMC Markets also offer user-friendly trading apps which receive excellent customer reviews and ratings.

Do CFD Trading Apps Take Commission?

This will depend on the pricing model of the online broker. Some firms, such as eToro, offer commission-free trading, while other platforms charge a lower spread with a fixed commission on top. As a result, it’s important to consider all trading costs when choosing a provider.

Are CFD Trading Apps Good For Beginners?

There are CFD trading apps that offer features that are suitable for beginners. These can include free educational resources, market watchlists, platform tutorials, plus copy trading tools. Axi is a good option for new traders.

Is CFD Trading Safe?

All trading involves risk, including speculating with contracts for difference. The leverage element of CFDs, in particular, can lead to large losses. As a result, it’s important to use effective risk management strategies and the alerts and tools available in your trading app. See our guide to CFD trading for more information on managing risk.