Many traders in Egypt 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 Futures Trading App in Egypt for 2024, based on our assessments.
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.
Admirals is a suitable broker for both beginner traders as well as professional traders.
NAGA is a regulated international broker whose terms and conditions are perfect for professional traders and experienced investors with a focus on stocks.
Equiti offers favorable trading terms for both beginners and experienced traders, as well as investors.
Best Futures Trading App in Egypt for 2024
| FBS | FxPro | Admirals | NAGA | Equiti Group Ltd | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, Mobile Trading |
MT4, Mobile Trading, MT5, cTrader, FxPro Edge |
MT4, MT5, WebTrader, Mobile platforms |
MT4, MT5, Mobile Apps, Web App |
EQTrader, MetaTrader4 |
|
Min deposit |
$1 |
$100 |
$250 |
$250 |
$500 |
|
Leverage |
From 1:1 |
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 0.2 points |
From 0 points |
From 0.5 points |
From 0.7 points |
From 0 points |
|
Level of margin call / stop out |
40% / 20% |
25% / 20% |
50% / 0% |
100% / 50% |
100% / 30% |
|
Execution of orders |
Market Execution |
Market Execution |
Exchange execution, Market Execution |
Market Execution |
Market Execution, ECN |
|
No deposit bonus |
$5 |
No |
No |
No |
No |
|
Cent accounts |
Yes |
No |
No |
No |
No |
1
Best Futures Apps in Egypt - 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 Egypt:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders in Egypt:
•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.
2
Best Futures Apps in Egypt - 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 Egypt:
•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 Egypt:
•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.
3
Best Futures Apps in Egypt - Admirals
Admirals was founded in 2001. In more than 20 years of operation, a regional Estonian broker has grown into an international financial group of companies providing access to over-the-counter markets in more than 130 countries, as well as to exchange-traded stock instruments. Following the 2021 rebranding, Admirals became Admirals. The updated platform received new integrated risk management solutions.
The Admirals group of companies comprises:
-
Admirals AU Pty Ltd.
-
Admirals UK Ltd.
-
Admirals Cyprus Ltd.
-
Admirals AS Jordan Ltd.
Regulators of the Admirals group of companies include FCA (UK, 595450), CySEC (Cyprus, 201/13), ASIC (Australia, 410681), JSC (Jordan, 57026), and CIPC (South Africa, 2019 / 620981 / 07).
👍 Advantages of trading with Admirals for traders in Egypt:
•5,000+ trading assets, with stock assets trading on exchange markets available.
•The company’s proprietary social trading platform (copy trading).
•Relatively tight spreads on most assets.
•The company’s own Supreme Edition plug-in for MT4 and MT5, which expands their technical and chart functionality.
•FCA and CySec licenses, which are the most reputable regulators.
•Compensation fund with insurance coverage of up to €20,000 per trader.
•Relatively low initial deposit that provides for opening trades within risk management subject to leverage.
👎 Disadvantages of Admirals for traders in Egypt:
•Restrictions on leverage for retail traders without the “professional” status as required by regulators.
•Withdrawal fee is charged.
4
Best Futures Apps in Egypt - NAGA
NAGA (‘NAGA’) is a trademark of The NAGA Group AG which was founded in 2015. Naga Group AG is a German FinTech company publicly listed on the Frankfurt Stock Exchange. The company implements modern technologies and innovative solutions in order to compete with traditional financial institutions represented by banks and brokers in the investment market. Over 1 million active traders and passive investors currently use NAGA's Group brokerage services.
👍 Advantages of trading with NAGA for traders in Egypt:
•Wide range of trading instruments.
•The opportunity to earn passive income using the social trading platform.
👎 Disadvantages of NAGA for traders in Egypt:
•High spreads on standard accounts.
•Lack of trading bonuses such as a Welcome bonus, account replenishment, etc.
•Limited choice of payment systems for replenishing the balance and the withdrawal of funds.
•The broker does not provide cent accounts.
5
Best Futures Apps in Egypt - Equiti Group Ltd
Equiti is the joint name of the companies that are part of the Equiti Group Ltd. Holding conglomerate, formed in 2008. The regulators that monitor the business units in Europe, Asia, Africa, and North and South America are six international commissions, including FCA 528328 (UK), JSC 50248 (Jordan), FSA SD064 (Seychelles), SCA 20200000026 (UAE), CMA 107 (Kenya), and CBA 0011 (Armenia). Equiti offers its clients online trading of currency pairs and CFDs on favorable terms, access to the most popular platform among traders, MetaTrader 4, and a pool of liquidity from 35 providers.
👍 Advantages of trading with Equiti Group Ltd for traders in Egypt:
•Processing of trades using ECN (electronic communication network) technology without the involvement of a dealing center.
•Operation under the licenses of six regulators and insurance coverage of up to 1 million US dollars per client.
•MT4 and EQTrader trading platforms are available on any device.
•More than 300 assets and no limitations on the use of expert advisors, and scalping strategies.
•Availability of a training demo account and accounts with different minimum deposit sizes.
•The Premiere account allows the client to trade with spreads of 0.0 pips and zero fees on trades with CFDs on US stocks.
•The ability to invest in Multi Account Manager (MAM) trust management accounts, which allow passive investors to earn income without trading independently.
👎 Disadvantages of Equiti Group Ltd for traders in Egypt:
•High minimum deposits on accounts with narrow spreads; e.g., to start trading on the Premiere Account, the client needs to deposit $20,000.
•No bonuses for clients.
•No referral program for retail traders. The company offers remuneration only to introducing brokers (IBs).
Best Futures Trading App in Egypt 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.
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.
Admirals - Education for Investors
Investment Education Online
Information
Educational resources covering topics in trading are available on the Admiral Markets website. They are useful for both the beginner trader and for professional traders.
If you have any questions, use the additional FAQ section, and contact technical support if there is no answer.
NAGA - Education for Investors
Investment Education Online
The company offers educational material. A lot of training materials are available in the Help section, providing access to the Academy, webinars, and analytical tools.
Information available in
the "Help Section"
The company offers a demo account to practice applying the theory of trading with the practical application of independent trading.
Equiti Group Ltd - Education for Investors
Investment Education Online
The educational section of the Equiti Group platform is called Academy. It contains e-books, lessons in video format, and infographics on financial markets. There is also a webinar sub-section. It is currently incomplete, but the company intends to add a comprehensive program of online educational lectures from leading Equiti Capital analysts in the future.
A beginner can open a demo account with virtual currency at Equiti Capital to master the fundamentals of trading currency pairs and CFDs.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Egypt 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 Futures Trading App in Egypt 2024.
| FBS | FxPro | Admirals | NAGA | Equiti Group Ltd | |
|---|---|---|---|---|---|
|
Overall score |
8.28 |
8.5 |
8.43 |
6.2 |
8.25 |
|
Execution of orders |
9.5 |
8.25 |
7.65 |
6.9 |
6.35 |
|
Investment instruments |
6.96 |
8.9 |
9.31 |
6.8 |
8.83 |
|
Withdrawal speed |
9.57 |
6.5 |
8.57 |
5.26 |
9.14 |
|
Customer Support work |
7.58 |
8.9 |
8.2 |
5.11 |
9.04 |
|
Variety of instruments |
7.02 |
9.27 |
8.75 |
7.1 |
8.1 |
|
Trading platform |
9.03 |
9.2 |
8.09 |
6.02 |
8.06 |
|
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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.
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
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.