Many traders in Europe use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best CFD Trading App in Europe for 2024, based on our assessments.
Eightcap has favorable working conditions due to a large choice of instruments, tight spreads, high leverage, and no withdrawal fees. Integration with popular trading platforms and basic deposit/withdrawal options greatly facilitates work with the broker and reduces the entry threshold. In addition to comfortable conditions and low financial costs, traders get free educational materials and special services for technical analysis. Some solutions, like Capitalise.ai, have no constructive counterparts. A relative disadvantage is the absence of opportunities for passive income. Also, the broker works only with CFDs, so other groups of trading instruments are not available.
FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.
FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience. Broker's clients are protected from negative balance; their activities are carried out in comfortable conditions and with competent professional support.
The broker is suitable for traders with a basic trading experience, who are prepared to start trading on a real account right away.
ForexMart is a broker for those who value a wide range of trading instruments as well as quick support. This company is a good choice for both new and experienced traders who work from PCs and smartphones.
Best CFD Trading App in Europe for 2024
| Eightcap | FBS | FxPro | 4XC | ForexMart | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5 |
MT4, Mobile Trading |
MT4, Mobile Trading, MT5, cTrader, FxPro Edge |
MT5, MT4, WebTrader |
MT4 |
|
Min deposit |
$100 |
$1 |
$100 |
$50 |
$1 |
|
Leverage |
From 1:30 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
|
Spread |
From 0 points |
From 0.2 points |
From 0 points |
From 0 points |
From 0 points |
|
Level of margin call / stop out |
80% / 50% |
40% / 20% |
25% / 20% |
100% / 50% |
30% / 10% |
|
Execution of orders |
Market Execution |
Market Execution |
Market Execution |
Market Execution |
Market Execution |
|
No deposit bonus |
No |
$5 |
No |
$50 |
$150 |
|
Cent accounts |
No |
Yes |
No |
No |
Yes |
1
Best CFD Apps in Europe - Eightcap
Eightcap is a leading Forex and CFD broker, offering over 800 trading instruments, including currency pairs, cryptocurrencies, indices, stocks, and commodities. With tight spreads starting from 0 pips, leverage up to 1:500, and no withdrawal fees, Eightcap provides a competitive trading environment. The broker is regulated by top-tier authorities such as ASIC and FCA, ensuring a secure trading experience.
Comprehensive educational resources, advanced analytics, and innovative functionality such as code-free automated trading through Capitalise.ai and enhanced order execution with FlashTrader distinguish the platform from others.
Though Eightcap does not offer passive income opportunities or joint accounts, it is a popular choice for those seeking a reliable and feature-rich broker.
👍 Advantages of trading with Eightcap for traders in Europe:
•The broker is registered in the Bahamas and Seychelles, and is regulated by the Securities Commission of the Bahamas (SCB, SIA-F220), ASIC (391441), FCA (921296), CySEC (246/14). Also, it partners with many proprietary firms;
•Traders need to deposit only $100 to open a live account, and the broker imposes few trading limits on its clients;
•Hundreds of the most popular CFDs are available, and the pool is constantly expanding;
•Eightcap provides one of the most profitable trading costs with really tight spreads;
•Almost all options for depositing/withdrawing funds are available and the broker does not charge a withdrawal fee;
•The broker’s clients can work through any of the three top trading platforms, including mobile versions of the MetaTrader solutions;
•The company provides high-quality training, extensive analytics, and its own developments for automated trading.
👎 Disadvantages of Eightcap for traders in Europe:
•No joint accounts, copy trading, referral program, or other options for passive income;
•Eightcap has some regional restrictions. For example, some services are not available in Australia;
•The broker's technical support is efficient and competent, but it is not available on weekends.
2
Best CFD Apps in Europe - FBS
FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.
👍 Advantages of trading with FBS for traders in Europe:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders in Europe:
•no cryptocurrency;
•auto copying is not available;
•no PAMM accounts;
•not suitable for short-term trading, such as scalping;
•the support service works in a limited number of languages;
•only two real accounts.
3
Best CFD Apps in Europe - FxPro
FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.
👍 Advantages of trading with FxPro for traders in Europe:
•Negative Balance Protection of a client on a real account is a unique broker service. It has an automated transaction monitoring and a risk management system, the capital is guaranteed not to go into a negative balance;
•insurance of client funds at the expense of the broker participation in an investor compensation fund;
•beginner traders will be able to access tested advisors;
•a full package of services is available to the client regardless of the balance of his account;
•VIP account holders are offered a personal manager and get a Free VPS;
•company capital exceeds 100 million euros;
•offers swap-free accounts for customers whose religious beliefs do not permit swapping eg. Islamic traders;
•the reliable trading environment provided by the competent educational and research department.
👎 Disadvantages of FxPro for traders in Europe:
•it is not the best choice for beginner traders who are looking for their first broker as the minimum deposit of $100 is considered high;
•difficulties registering in an affiliate program.
4
Best CFD Apps in Europe - 4XC
4XC offers access to trading Forex, metals, indices, oil, forward contracts, and cryptocurrencies, over 80 trading instruments in total.
4XC provides competitive conditions such as leverage up to 1:500 and spreads starting from 0.0 pips. The broker supports multiple account types including Standard, Pro, and VIP, each tailored to meet different trading needs and strategies.
For passive investing, the broker provides PAMM accounts and social trading service. The Signal Centre at 4XC enhances trading with premium AI signals integrated via the easy-to-use Acuity Trading Tool plugin, which seamlessly integrates into MetaTrader 4/5 platforms. Also, the broker provides additional free trading signals on its website.
👍 Advantages of trading with 4XC for traders in Europe:
•Attractive trading conditions for beginners. Minimum deposit is USD 50 with leverage up to 1:500. This amount is enough to open a position on some assets within the rules of risk management;
•Relatively narrow spread: from 1 pips on the Standard ECN account;
•Good educational opportunities: structured courses for beginners, advanced traders and experts.
👎 Disadvantages of 4XC for traders in Europe:
•Withdrawal fee (except for the VIP account). Withdrawals are limited to one transaction per day;
•The FAQ section does not fully answer the questions of a potential trader.
5
Best CFD Apps in Europe - ForexMart
ForexMart is a company that operates globally, except for the United States, North Korea, Myanmar, Sudan, and Syria. The company is part of the TradoMart Ltd group. It was registered in 2015 in Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC, 266/15), and is a member of the European Securities and Markets Authority (ESMA). This broker provides clients with access to Forex currencies and other trading instruments such as futures contracts for stocks and precious metals.
Over the years, ForexMart has won many awards including “The Best New Broker in Europe 2016” from the International Financial Journal (IFM). A year earlier, ForexMart was named “The Most Promising Broker in Asia”, according to ShowFx World.
👍 Advantages of trading with ForexMart for traders in Europe:
•a diverse range of over 100 trading instruments. In addition to Forex currency, clients can use cryptocurrencies, as well as futures contracts for metals and stocks;
•the company’s official website contains a wealth of useful trading tips and educational materials.
•interesting partner programs for those looking to make extra money, as well as the option to invest in auto-copy trading.
👎 Disadvantages of ForexMart for traders in Europe:
•customer service is available 24/5;
•not suitable for scalping;
•few investment opportunities;
•no MT5 platform;
•a small set of analytical tools in comparison with some of its competitors;
•no PAMM accounts;
•not all trading advisors work stably.
Best CFD Trading App in Europe 2024: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
Eightcap - Education for Investors
Investment Education Online
Some brokers try to help traders in researching trading on certain markets. This is an advantage because only successful traders constantly engage in self-learning, and not just blind trading alone. Studying materials by industry experts, reading specialized books, and attending webinars taught by experienced trainers provide useful knowledge, which is then applied in practice to create successful trading strategies. Eightcap refers to brokers that offer a comprehensive educational system and materials presented in different formats. Most of the basic information will be extremely useful for novice traders, while professional market participants can receive up-to-date analytics and unique expert materials.
In some reviews, traders note the absence of structured training and its narrow focus. Experts agree with this, but Eightcap provides a very significant amount of information for trading CFDs, which compares favorably with most of its competitors.
FBS - Education for Investors
Investment Education Online
The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.
To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.
To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.
FxPro - Education for Investors
Investment Education Online
Information
The information in the Education Section of the broker’s website is structured in a way to provide maximum information to both novice traders and professionals. For novice traders, the website offers basic courses on fundamental and technical analyses, reviews of indicators, and articles on the psychology of trading. For professionals there are news, daily analytics on individual assets, and market dynamics.
Any trader can test the tools on a demo account.
ForexMart - Education for Investors
Investment Education Online
The ForexMart website includes a multi-page education brochure titled “The 10 Behind Forex Trading”, which is published in the relevant section and available in an electronic version.
Note: The Presentation section also includes a wealth of useful information, such as a step-by-step guide for opening a trading account.
ForexMart suggests beginning with a demo account to put theoretical knowledge into practice. This provides novice traders with the confidence, skills, and experience needed to begin trading on the real market, while also lowering the risk of making mistakes. To support traders, there is up-to-date analytical information, which, as well as educational materials, can be found on the official website in the Tools tab. The analytical section includes Economic News, Market Analysis, and an economic calendar.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Europe choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best CFD Trading App in Europe 2024.
| Eightcap | FBS | FxPro | 4XC | ForexMart | |
|---|---|---|---|---|---|
|
Overall score |
7.69 |
8.28 |
8.5 |
6.08 |
6.23 |
|
Execution of orders |
7.9 |
9.5 |
8.25 |
4.41 |
2.93 |
|
Investment instruments |
8.5 |
6.96 |
8.9 |
5.51 |
6.91 |
|
Withdrawal speed |
7.6 |
9.57 |
6.5 |
8.47 |
8.14 |
|
Customer Support work |
7.2 |
7.58 |
8.9 |
6.12 |
5.98 |
|
Variety of instruments |
8.02 |
7.02 |
9.27 |
8.02 |
6.72 |
|
Trading platform |
6.9 |
9.03 |
9.2 |
3.95 |
6.7 |
|
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FAQ
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Does the functionality of apps differ from that of the web version?
It depends on the broker. A good quality mobile app replicates the functionality of the web version either fully or as much as possible.
Are there updates for the apps of brokers?
Yes. Mobile apps of brokers are regularly updated and it is very important to update them in the view of proper operation of services.
If I remove the app from my phone and then reinstall it, will I lose the information?
No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.