Best Trading Apps in the UK

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Overview

Where trading apps are concerned, the possibilities are endless and traders in the United Kingdom (UK) may feel overwhelmed with which trading app they should choose to meet their trading needs and objectives.

The following list provides an in-depth look at the trading apps that are currently ranking the highest in the UK.

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XM’s MetaTrader suite

XM is a large and popular forex broker that serves more than 2.5 million traders in 196 countries. XM offers traders with a choice in retail trading accounts that can be integrated seamlessly with the MetaTrader 4 or MetaTrader 5 mobile application, available to both Android and iOS.

With these apps, traders have the full advantage to take mobile trading to the next level as they are packed with functions and features, much like that on the desktop and web versions of the platforms.

Traders have access to a range of trading tools, news feeds, in-depth market analysis, charting capabilities, one-click trading, and more.

Pros and Cons

ProsCons
Regulated brokerInactivity fee charged
Negative balance protectionFixed spread accounts not offered
Range of trading strategies allowed 
Free VPS 

Plus500

This app opens the world of CFD and forex trading to many UK traders regardless of whether they are beginners or professional traders.

With the Plus500 app, traders have access to commission-free trades, tight spreads, and low overnight fees and swaps. The Plus500 app is easy to use, and it features handy technical analysis tools, news feeds, market analysis, and more.

Pros and Cons

ProsCons
User-friendly interfaceLimited education
Reliable trade executionLimited trading account options
Easy account funding 
Wide range of tradable instruments 

AvaTradeGo

AvaTrade is a world-class forex and CFD broker that offers a proprietary trading platform that has a plethora of useful features. One of the main benefits of using this app is that traders have access to AvaProtect which means that traders can get their money back on losing trades.

Read an unbiased review on Avatrade here

With the AvaTradeGo app, traders can also watch market trends in real-time, access a range of tradable financial instruments including more than 40 currency pairs, gold, silver, and more. There are also AutoChartist trading signals which are integrated into the app for all forex pairs.

Pros and Cons

ProsCons
MetaTrader 4 access includedSpreads are not the tightest
Options trading offered 
Leverage offered for in-app trading 
Range of tradable financial instruments 

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IG

IG is one of the largest, most reputed brokers in the industry that has been operating since 1974. With the proprietary IG mobile app, UK traders can take the versatility and flexibility of their trading to the next level.

The IG mobile app features an array of interactive charts, technical analysis, and indicators, drawing tools, a helpful search function for economic events, and access to Reuters.

Pros and Cons

ProsCons
Exclusive data offeredAccount verification is time-consuming
Expert analysisLack of telephonic support
Excellent educational toolsHigh fees on stock CFDs
SSL Encryption 

Exness’ MetaTrader mobile apps

Exness is one of the best and most trusted forex and CFD brokers that serves traders from around the world. UK traders are given a choice between the powerful, user-friendly, and highly customizable MetaTrader 4 and MetaTrader 5 trading platforms’ mobile trading apps.

These apps can be downloaded on iOS and Android devices and work in perfect synchronisation with an Exness trading account, offering UK traders the best that mobile trading offers. Traders are given a range of technical indicators, tools for market analysis, and intuitive, comprehensive charting capabilities and functions.

Pros and Cons

ProsCons
Well-regulated and reputable brokerNone noted
Low and competitive trading fees 
Large range of tradable instruments 
Highly acclaimed trading platforms 

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