Finding the best trading app for trading in the European stock market is a rather difficult process. It is important to thoroughly study the functionality of the platforms you like, paying attention to their reliability, cost and reviews of other traders. Below you can find a description of the best platforms for trading on stock exchanges in Europe, which are suitable for beginners and advanced professionals.
- Overview of the best platform apps for trading stocks/futures within the stock market in Europe
- DEGIRO
- European Stock Market Trading Software AvaTradeGo
- NinjaTrader
- capital.com
- Libertex
- eToro
- BCS World of Investments
- Robin Hood
- XTB.com
- Mobile applications for trading stocks, which programs are suitable for Android and iPhone?
Overview of the best platform apps for trading stocks/futures within the stock market in Europe
Thanks to the efforts of developers, the number of trading platforms is growing rapidly every day. When choosing a program, it is better to give preference to options that have wide functionality. It is also necessary to remember that good trading platforms should provide enough tools for computer / technical analysis. Below is a ranking that includes the most trusted apps with an accessible interface.
DEGIRO
DEGIRO is a platform that offers traders the lowest commission on the market, regardless of asset class. The web platform is well designed and easy to use.
Note! DEGIRO allows traders to invest small amounts.
The strengths of the platform include:
- low commission;
- availability of a mobile platform;
- simple interface.
A little frustrating is the limited research tools and the lack of Forex trading.
European Stock Market Trading Software AvaTradeGo
AvaTradeGo is the largest trading platform in Europe. Through the application, users will be able to track social trends from the community of traders. You can deposit funds directly from the program. The wide range of functionality and the ability to receive real-time price and market quote notifications for CFDs on popular stocks are considered significant advantages. With technology exclusive to AvaTradeGO, market trends can be tracked in real time. The strengths of AvaTradeGo include:
- quick and easy setup;
- availability of the option of free deposit/withdrawal of funds;
- Forex competitive commission;
- wide functionality.
At the same time, platform users pay attention to the fact that the broker offers only currency/cryptocurrency/CFD, and technical analysis on smartphones is too complicated for a beginner to quickly master. Otherwise, the application has no shortcomings.
NinjaTrader
NinjaTrader is a great trading platform with advanced research tools to which you can connect a trading account from any broker. Trading and futures commissions are low. NinjaTrader is great for experienced traders. The product portfolio only covers futures and options on futures unless the user connects to an external brokerage account such as an account with Interactive Brokers. The underlying assets of a deliverable futures are stocks and bonds. The main advantages of the platform include low commission, reliability and wide functionality. However, NinjaTrader users are frustrated by the high fees that are charged for inactivity.
Note! There are 2 versions of the terminal: Pro and Lite.
You can download the Ninja Trader trading program from the official website – https://ninjatrader.com/FreeLiveData
capital.com
Capital.com is a trusted platform that allows you to sell and buy stocks commission-free. Traders are only charged the difference between the buy and sell price. For transferring the transaction to the next day, you will also have to pay a commission fee. Immediately after opening an account, users can start trading. The strengths of the application include, first of all:
- high-quality market analytics;
- wide functionality (more than 3000 tools);
- availability of negative balance protection for private clients;
- simple interface.
The lack of an investment account is considered the only drawback of this platform.
Libertex
Libertex is a powerful online trading application. Using this platform, a trader will be able to trade stocks/bonds/currency pairs and other instruments. Libertex provides traders and investors with the ability to trade through an internal trading platform and the popular MetaTrader4, which allows you to automate trading strategies based on technical indicators. The benefits of the program include:
- user-friendly interface;
- zero spreads;
- the possibility of replenishing the account without commission;
- low minimum deposit – 10 euros;
- the possibility of an automatic platform.
The broker offers only one type of account, which is the only drawback of the application.
Note! Libertex is regulated by CySEC and FSC.
eToro
eToro offers commission-free stock trading. The account opening process is fast. Thanks to innovative features, the program can copy the strategies of other traders. eToro is most suitable for active professionals, because for each day of inactivity, a commission of $5 will be charged from the trader’s account. eToro’s strengths include:
- free stock and ETF trading;
- unhindered opening of an account;
- wide functionality.
The disadvantages of the platform are considered to be a high commission for inactivity and poor customer support.
Note! Regulation by the FCA and top-tier ASICs is a good sign that eToro is safe.
BCS World of Investments
BCS World of Investments is considered one of the best applications for buying stocks, which combines technically advanced functionality and ease of use. The service is ideal not only for professional traders, but also for beginners. In the program, you can get acquainted with the current profile analytics and profitable investment ideas. The presence of an optimal interface allows users to create personal cases with fresh investment ideas. The strengths of the app include:
- the ability to control in real time the growth of stock returns;
- low entry to the market – from 1000 rubles;
- extensive functionality;
- original investment ideas that bring substantial income.
The disadvantages of the platform include the insufficiently good work of the technical support service.
Also very frustrating is the recent event related to failures in the system, as a result of which users lost a significant part of the money.
Robin Hood
Robinhood is a popular zero-fee app. Thanks to the regulation of activities by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), there is no doubt about the reliability of the company. Robinhood is the best stock trading platform. The app is absolutely free to use. You will not have to pay a commission for withdrawals and inactivity. Mobile and web trading platforms are user friendly and well designed. Opening an account is easy and fast. Robinhood only provides a limited selection of assets. Customer support is available only by email, so it is unlikely that you will be able to quickly resolve the issue. The set of training materials is small.
Significant advantages of this platform are:
- free trading in ETF shares;
- well-designed platform;
- the ability to quickly open an account.
Limited product range, few training materials, and poor customer support are Robinhood’s main weaknesses.
Note! Robinhood margins are lower than peers. Robinhood does not charge any fees for ACH withdrawals. However, bank transfers are quite expensive: a domestic bank transfer costs $25, while an international bank transfer costs $50.
XTB.com
XTB is the largest trading platform in Europe. The work is carried out under the supervision of several regulators at once. The interface is clear, all the information is presented in an accessible way, which is especially important for novice traders. Before you start your activities, you should familiarize yourself with the block of educational materials, which can be found on the company’s website. Using the platform, a trader gets the opportunity to trade stocks/bonds/indices/currency pairs/commodities, etc.
Note! Commission for 1 lot will be $4.
The strengths of the XTB platform include:
- accessible interface;
- wide functionality;
- providing quality educational materials;
- 24/7 technical support;
- simple and fast registration process;
- quick launch of the platform;
- the presence of screening, heat maps and a built-in economic calendar.
A little frustrating is the inability to use algorithmic trading, back testing, or custom indicators.
Mobile applications for trading stocks, which programs are suitable for Android and iPhone?
Developers create applications for different operating systems. The best platforms for trading in the European stock market that you can download on Android are:
- DEGIRO;
- AvaTradeGo;
- eToro;
- NinjaTrader;
- Libertex;
- BCS World of Investments;
- Robin Hood
The most trusted trading apps in Europe suitable for iPhone are:
- AvaTradeGo;
- eToro;
- NinjaTrader;
- Libertex;
- BCS World of Investments;
- Robin Hood
Trading applications that can be downloaded and installed on your phone: https://youtu.be/Dt2Uh8An8wU Thanks to the efforts of the developers, traders in stocks and bonds can choose the most suitable option for trading platforms in Europe. The applications listed in the article are the best programs to date, which please with reliability, wide functionality and a simple interface. It is important to responsibly approach the process of choosing an application, having studied not only the features of the program you like, but also the reviews of other users.