Many traders in the World 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 the World for 2024, based on our assessments.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.
FTMO is a prop company for traders with trading experience, hard testing conditions, and attractive conditions for those who go into real trading. FTMO - Pros and Cons for Beginners.
NPBFX is a universal broker providing services on off-exchange financial markets. Trading conditions are suitable for traders with any level of knowledge and opportunities. Investors have access to ZuluTrade social trading.
The trading conditions provided by the company are not suitable for beginners and are more focused on professional traders.
1
Best CFD Apps in the World - RoboForex
RoboForex is a brokerage company that was founded in 2009. RoboForex is a leading software developer in the Forex industry and one of the best Forex brokers based on client reviews.
RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize (license No. 000138/437).
👍 Advantages of trading with RoboForex for traders in the World:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders in the World:
•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime
•Lack of tools when trading on the R StocksTrader platform
2
Best CFD Apps in the World - Exness
The Exness brand is known worldwide due to its profitable trading conditions, high-security level, and wide range of financial instruments. It focuses on trading CFDs, especially currency pairs. Cryptocurrencies, commodities, stocks, and derivative stock indices are also available. Exness offers account types for novice traders, more experienced traders, and professionals. It allows traders to use a variety of strategies including passive ones, such as copy trading and algorithmic trading. The proprietary Exness platform for social trading is used by over 20,000 investors globally. The broker’s activities are legal and its services are available in over 130 countries. Exness is supervised by 8 financial commissions, including CySEC (Cyprus, 178/12), one of the strictest European regulators, and FCA (UK, 730729), FSA (Seychelles, SD025), FSC (BVI) SIBA/L/20/1133, CBCS (Curacao, 0003LSI), FSCA (South Africa, 51024), and CMA (Kenya, 162). The broker offers demo and cent accounts for novice traders, as well as standard and ECN account types for experienced traders.
👍 Advantages of trading with Exness for traders in the World:
•Availability of 8 licenses and a membership in the Financial Commission with its own compensation fund to insure traders against losses;
•Wide choice of account types — Standard, Pro, Cent, Swap Free, and Demo;
•Wide range of CFDs, including over 100 currency pairs;
•Zero deposit and withdrawal fees;
•Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.
👎 Disadvantages of Exness for traders in the World:
•The broker’s website offers almost no educational materials;
•24/7 support isn’t available in all languages.
3
Best CFD Apps in the World - FTMO
FTMO is an international proprietary trading company created in the Czech Republic in 2014. The platform brings traders into its fold and after traders successfully pass a two-step testing regime, FTMO transfers 400 thousand dollars to the trader’s account. Transactions are monitored by FTMO to grow the deposit. There is a payment of 80% at the first stage of real trading. The 90% Profit Split is available only to those FTMO Traders that have reached Scaling Plan. The company works in full accordance with European financial legislation and is under the local regulator.
👍 Advantages of trading with FTMO for traders in the World:
•Quite low testing cost is €155.
•Classic platforms such as MT4, MT5, and Ctrader are familiar to many traders. For these platforms, hundreds of indicators, scripts, and advisers have been developed.
•The starting reward is 80%.
•Diversification of tariff plans. Candidates can choose a demo deposit from 10 thousand to 200 thousand US dollars. There are tariff plans that span from standard to aggressive trading.
•Leverage is up to 1:100.
👎 Disadvantages of FTMO for traders in the World:
•Strict requirements for the test period. The allowable maximum loss is 10% of the deposit amount. The target profit is 10%, for which 1 month is provided.
•There is no information about how the company is funded.
4
Best CFD Apps in the World - NPBFX
NPBFX has been providing brokerage services since 1996. The company initially operated on behalf of NeftePromBank under a license issued by the Bank of Russia. After being rebranded in 2016, the broker refused the license of the Russian regulator and became a member of the Financial Commission, an independent international organization involved in resolving financial disputes with insurance coverage of €20,000 per trader. Today, NPBFX is a broker with an impeccable reputation, operating on the STP/ECN model, which rules out conflicts of interest. The company’s portfolio includes offers for almost every type of client: private traders using traditional strategies, algorithmic traders and scalpers, businesses and funds, and traders who prefer passive investing.
👍 Advantages of trading with NPBFX for traders in the World:
•The broker provides traders with best market prices supported by liquidity from Tier 1 banks and ECN systems, such as Integral, Currenex, and Hotspot;
•Membership in the Financial Commission provides up to EUR 20,000 insurance coverage on deposits of traders;
•social trading with access to the independent ZuluTrade platform;
•Loyal trading conditions. Minimum deposit is $10 with leverage up to 1:1000;
•all strategies are allowed, including scalping, hedging/locking, and algorithmic high-frequency trading on all types of accounts.
👎 Disadvantages of NPBFX for traders in the World:
•compared to other brokers, the speed of copying trades on ZuluTrade is not the fastest;
•no MT5 trading platform, which has unique advantages over MT4;
•There are no licenses from regulators. The broker is a member of the Financial Commission, which does not always support traders and is not authorized to recover fines imposed on brokers;
•no cent accounts.
5
Best CFD Apps in the World - Gerchik&Co
Gerchik&Co was founded in 2015 by Ukrainian traders Oleksandr Gerchik and Ivan Kroshny and began operations in July of that year. Initially, it focused on the Commonwealth of Independent States (CIS, a Post-Soviet Union regional intergovernmental organization consisting of 9 countries in Eurasia) before expanding to the European level.
In November 2015, Gerchik&Co was recognized as the "Fastest Growing Broker" by the Mena 15th Forex Show. Based on the results of an independent vote by Russian Trading Day Money, the company received the "Breakthrough of the Year" award in December 2015, and Oleksandr Gerchik obtained the title of "Best Speaker" in the same month. To protect its clients' interests, the company also cooperates with the Traders Union and the International Financial Commission.
👍 Advantages of trading with Gerchik&Co for traders in the World:
•more than 360 trading instruments;
•permission to use expert advisors and other tools for technical analysis and trade automation;
•high order execution and market operation speed, achieved through collaboration with 15 liquidity providers.
👎 Disadvantages of Gerchik&Co for traders in the World:
•a high minimum deposit of $100, which is inaccessible to beginners.
•MetaTrader 4 and MetaTrader 5 trading platforms;
•no apps for mobile trading, only the mobile version of the website is available.
•small leverage — 1:100;
•many quotes provided by the broker are inaccurate;
•strict user conditions in the Terms of Agreement;
•trading on weekends is not possible.
Best CFD Trading App in the World 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.
RoboForex - Education for Investors
Investment Education Online
A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.
The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.
Exness - Education for Investors
Investment Education Online
Currently, Exness doesn’t provide training for novice traders. If you want to learn basic Forex and CFD concepts, go to the Help section of the website. To develop practical trading skills, open a demo account.
FTMO - Education for Investors
Investment Education Online
There is no training provided on the FTMO website. Access to the Trading Academy can be obtained only after registration from the user account. The Academy has video courses, trading recommendations, and discounts on paid courses for company affiliates. Separate practical information is presented in the blog.
There is a Free Trial account, the conditions for which correspond to the conditions of testing.
NPBFX - Education for Investors
Investment Education Online
The section on the NPBFX website is a powerful analytical and educational tool where professionals can find a wealth of interesting materials.
A demo account allows users to put their newly acquired knowledge into practice.
Gerchik&Co - Education for Investors
Investment Education Online
The brokerage company offers its clients not only trading functionality, but also educational materials that will assist them in understanding the nuances of the Forex market and making their trading more efficient and profitable.
For more effective education, it is recommended to use the acquired knowledge on a demo account. There, you can get practice while avoiding a loss. This method of knowledge consolidation is suitable for both beginners who need training before trading on a real account and experienced traders who are testing a new trading strategy.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in the World 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 the World 2024.
| RoboForex | Exness | FTMO | NPBFX | Gerchik&Co | |
|---|---|---|---|---|---|
|
Overall score |
8.61 |
7.58 |
7.37 |
7.27 |
6.49 |
|
Execution of orders |
8.95 |
9.6 |
8.6 |
8.55 |
2.79 |
|
Investment instruments |
8.2 |
8.79 |
4.89 |
6.27 |
5.97 |
|
Withdrawal speed |
9.71 |
8.79 |
7.21 |
8.29 |
7.43 |
|
Customer Support work |
9.17 |
9.29 |
8.01 |
6.83 |
8.85 |
|
Variety of instruments |
8.75 |
8.02 |
7.52 |
7.67 |
8.75 |
|
Trading platform |
6.86 |
1 |
7.96 |
5.99 |
5.14 |
|
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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.
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
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.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
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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.