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Best Paper Trading App in Egypt for 2025

Updated: February 19, 2025

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Fact-checked by

Mirjan Hipolito

Cryptocurrency and stock expert

Go to broker

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1
Best Paper Apps in Egypt - Interactive Brokers

Interactive Brokers is among the best-known global online brokers. Based in the US, it has been operating since 1977. Interactive Brokers allows clients to trade products from 160 exchanges including stocks, option, currencies, bonds, funds and more from a single unified platform. The company is regulated by the US Securities and Exchange Commission (SEC), the US Financial Industry Regulatory Authority (FINRA), the UK Financial Regulatory Authority (FCA, 208159), and other international financial regulation commissions. Interactive Brokers has earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com,and many others. Also, the broker is popular in other countries. Here you can read reviews of Interactive Brokers in Canada, Singapore, Australia, Hong Kong, Ireland.

👍 Advantages of trading with Interactive Brokers for traders in Egypt:

•extensive and free educational resources through the IBKR Campus;

•access to160markets in 36 countries and territories;

•trading in stocks, options, futures, currencies, bonds, funds and more from a single unified platform.

👎 Disadvantages of Interactive Brokers for traders in Egypt:

•Support service does not work on Saturday;

STUDY REVIEW

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2
Best Paper Apps in Egypt - ETrade

The Etrade broker is a subsidiary of Morgan Stanley, the financial conglomerate, which has been operating since 1982. Today, E*TRADE is the leading online platform for financial instruments trading on the world's major exchanges. It offers operations with stocks, options, futures, bonds, ETFs, as well as investments in mutual funds. The broker is a member of FINRA (CRD#: 29106/SEC#: 8-44112), SIPC, NFA (0401545), and the FDIC, and provides services according to its license with the SEC, the US Securities and Exchange Commission.

👍 Advantages of trading with ETrade for traders in Egypt:

•Fully adaptable to e-commerce through its mobile applications.

•No commissions when working with stock options on American exchanges.

•Twenty-four/seven customer support via online chat.

👎 Disadvantages of ETrade for traders in Egypt:

•The Forex market tools are not available for trading.

•Training is provided in English only,

•Leverage is limited and cannot exceed 50% of the trader's personal funds.

•You cannot open a demo account to test the broker's conditions.

•There is no support, the website is only in English.

STUDY REVIEW

3
Best Paper Apps in Egypt - Tastytrade

Tastytrade is a brokerage company that strives to allow its clients to trade single-handedly, without managing the account or copying transactions of other traders. To make self-investing a reality, the company has created a separate platform with a humongous library of learning materials. Tastytrade (Tastyworks) is controlled by bodies such as the Financial Industry Regulatory Authority (FINRA, CRD#: 277027/SEC#: 8-69649 ), the National Futures Association (NFA, 0492333), and the Securities Investor Protection Corporation (SIPC).

👍 Advantages of trading with Tastytrade for traders in Egypt:

•No minimum deposit. The client independently chooses how much to deposit to the trading account.

•A vast array of educational materials for which the broker has allocated a special platform it calls the Tastytrade.

•The company offers clients flexible trading accounts with different functions. Any of the three offered accounts have varieties, so the trader can choose the option that suits him the most.

👎 Disadvantages of Tastytrade for traders in Egypt:

•To gain access to trading, the user must go through a snail-paced registration procedure and provide a list of documents that the broker requests.

•To open a trading account and start working, a client must have an open account with an American bank.

•The broker does not allow clients to test trading on a demo account; only a real trading account can be opened.

STUDY REVIEW

4
Best Paper Apps in Egypt - Brokerpoint

Brokerpoint is an international broker providing its services in more than 33 countries. The company is part of Interactive Brokers LLC and provides services under the German Banking Act. Brokerpoint is a member of the Securities Investor Protection Corporation (SIPC). Brokerpoint GmbH is regulated by the German BaFin (80176133). In 2020, the broker received “Best Futures Trading Broker” and “Best Customer Service Broker-Dealer” awards.

👍 Advantages of trading with Brokerpoint for traders in Egypt:

•Clients gain access to a variety of international markets and exchanges.

•The broker offers a wide range of trading assets.

•Traders have access to mutual funds to generate passive income.

•Multilingual support service: the broker’s staff provide assistance in 20 languages.

•Trading is available 24/7 both from a personal computer and mobile devices.

•Before starting trading, traders can open a demo account and check the broker’s trading conditions, their skills, and test different trading strategies.

👎 Disadvantages of Brokerpoint for traders in Egypt:

•There are few ways to deposit and withdraw funds.

•The broker does not provide training materials to clients.

•Traders are not credited with bonuses for trading, and there are no referral programs or contests either.

STUDY REVIEW

5
Best Paper Apps in Egypt - J.P. Morgan

The J.P. Morgan Self-Directed Investing service is in the brokerage division of JPMorgan Chase & Co Financial Corporation, and it offers investment services through JP Morgan Securities LLC (JPMS). The broker is part of one of the largest and oldest financial services corporations in the United States, with a reputation for transparency, accountability, and reliability. The broker provides services of long-term and retirement investment in securities within the USA market, services of active trading, and portfolio algorithmic investing. Trading assets are stocks of companies, ETF-fund shares, options, securities of retirement and investment funds, treasury notes, bills, US, corporate, and municipal bonds, derivatives, secondary market assets, etc.

👍 Advantages of trading with J.P. Morgan for traders in Egypt:

•Flexible and clear tariff policy. For private investing the deposit is from $1, for automatic portfolio investing the deposit amount is from $500.

•Strict regulation. The SEC regulates J.P. Morgan Self-Directed Investing, and it is a member of FINRA CRD#: 79/SEC#: 801-3702,8-35008 and SIPC (the investor compensation fund). The broker is also subject to an annual external audit and is controlled by an exchange auditor.

•Offers trading accounts and retirement accounts.

•Automated Investing is an investment option that ensures that an investment portfolio follows the criteria set by the investor. The brokers’ analysts manage the portfolio.

•Additional products. Every broker's client can take advantage of other investment and financial offers from concessional lending to the development of a personal financial plan and trust management services.

👎 Disadvantages of J.P. Morgan for traders in Egypt:

•The services are only available to U.S. residents. Possible schemes to work through intermediary funds/companies lead to a significant increase in the trade cost.

•Emphasis on financial products. Technological trading tools go into the background.

STUDY REVIEW

Best Paper Trading App in Egypt 2025: 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.

Interactive Brokers - Education for Investors

Investment Education Online

Information

IBKR believes that well-informed traders have the best chance for success. That’s why it remains dedicated to ramping up traders' knowledge of markets and IBKR tools to aid them on their investment journey.

The redesigned IBKR Campus continues to include courses, webinars, podcasts, and market commentaries to help investors learn about trading, financial markets, and Interactive Brokers' trading tools. There is improved site design and navigation to easily find all trading education features, better performance and overall site speed, live tickers and stock charting, and an updated Traders’ Glossary search. As part of Traders’ Insight, clients can watch or read market commentary and analysis from nearly 100 industry pros.

There is an IBKR Quant Blog for quantitative professionals with an interest in programming, deep learning, API, AI, blockchain and other transformative technologies. There is a podcast series featuring discussions on topics that impact global markets and trading, including Spanish-language content; additionally, there is a “Cents of Security” channel aimed at enabling financial literacy amongst the younger generation. For Traders’ Academy, there are now 110 total English and 15 international courses (representing 9 international languages). That includes 43 new or updated courses and 15 courses have been added from CME.

Information available in the "Education" section

Information not on the Interactive Brokers website

IBKR Desktop (13 lessons so far)

Forex Analysis

ForecastEx

World Map Screener

Introduction to Growth

Introduction to Dividends

Getting Started at IBKR

Discover Tool (6 lessons each describing a third-party software/tool)

Introduction to Growth Investing

Options Essentials

Retirement

Introduction to Momentum Investing

We highly recommend you use the IBKR trial version to test your knowledge in practice without financial risk.

ETrade - Education for Investors

Investment Education Online

Information

The broker offers a library on the site to introduce the basics of stock trading to novice traders. It provides reviews, analytics, news, expert opinions, and useful tips to improve your trading efficiency.

Information available in the Education Section

Information not available at the ETrade site

Market reviews and analytics

Forex Terminology

Economic calendar

Descriptions of trading strategies for the Forex and stock markets

News

Fundamentals of risk management

Expert advice and expert opinion

Trading psychology

The broker doesn’t have a demo account, but the knowledge gained academically can only be applied in practice using real assets.

Tastytrade - Education for Investors

Investment Education Online

Information

The broker Tastytrade (Tastyworks) is open to cooperation with novice users and those traders who already have experience in trading. In addition to favorable trading conditions, the company has created a special platform Tastytrade, where traders and investors can learn, be inspired by the examples of other traders, study historical data and discuss the market situation in live chat sessions. There is a lot of educational materials on the Tastytrade platform, and a trader with any experience can find something interesting and useful for himself.

Information available in the Education Section

Information not available at the Tastytrade site

Glossary

Educational podcasts

Educational courses

Educational videos

Trivia

Articles on option strategies, portfolio management, probabilities, statistics, and trade management

TastyTrade LIVE

Video on trading, asset management, and working on options or exchanges

Tastytrade (Tastyworks) does not allow its clients to open a demo account and test trading conditions, knowledge gained and different trading strategies risk-free.

Brokerpoint - Education for Investors

Investment Education Online

Information

Brokerpoint provides traders and investors with information exclusively about the markets and exchanges available to them, as well as an overview of instruments and trading strategies. There is no training section per se.

Information available on Brokerpoint’s website

Information not available on Brokerpoint’s website

Overview of markets and products

Articles about the features of different trading instruments

List of international markets and exchanges available to traders from different countries

Training courses for traders and investors

Access to free webinars for broker’s clients

Articles about trading psychology

List of useful literature for clients

Glossary

A section with useful materials, news and trade reviews

Brokerpoint clients have access to a demo version of a trading account. Using a demo account, clients can check the broker’s trading conditions without financial risks.

J.P. Morgan - Education for Investors

Investment Education Online

Information

J.P. Morgan Self-Directed Investing is the investment brokerage division of JPMorgan Chase & Co. Therefore, the Financial Education section applies to the entire corporation and contains information not only about trading and investing, but also about personal finance in general.

Information available in the Financial Education section

Information not available on the J.P. Morgan Self-Directed Investing website

Lots of information about personal finance, the use of credit cards, benefits of mortgages, investment rules, etc.

There is no separate section on investing and trading

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 Paper Trading App in Egypt 2025.

	Interactive Brokers	ETrade	Tastytrade	Brokerpoint	J.P. Morgan
Overall score	9.1	8.3	7.5	6.5	5.05
Execution of orders	8.8	8	7.29	6.29	4.84
Investment instruments	9.4	8.6	7.71	6.71	5.26
Withdrawal speed	9.2	8.4	7.35	6.35	4.9
Customer Support work	9	8.2	7.65	6.65	5.2
Variety of instruments	8.7	7.9	7.13	6.13	4.68
Trading platform	9.5	8.7	7.87	6.87	5.42
	Study Review	Study Review	Study Review	Study Review	Study Review
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FAQ

Do all brokers offer mobile apps for iOS and Android?

Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.

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.

Can a platform function less effectively in the app than in the web version?

The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.

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.