If you are interested in getting started with stock trading but aren’t sure how to get started, here are five of the best trading apps for beginners in Europe that will help you take your first steps into the financial markets.
The best trading apps for beginners will make your life as an investor easier, while also saving you time, money, and energy. This list of the top 5 trading apps will help you find the right app to suit your needs as you work to grow your portfolio of investments and get the most out of your investing activities. Don’t waste any more time looking for the right app; start investing today with one of these five great trading apps!
IG – Best Trading Apps for Beginners
Brokerage apps are convenient but can feel complicated and even intimidating to beginners. If you’re just getting started, keep it simple with IG’s platform—it’s easy to use and intuitive, so you don’t have to be a computer programmer or an investment expert to understand how it works. It’s also inexpensive: $6 per month if you open an account with just $100.
This is the best trading app for beginners in Europe and I think it should be the first choice for any new traders starting out because it offers a user-friendly interface, is simple to use, and is easy to navigate. It also has an excellent customer support team that is available 24/7. This is another reason why this app should be your first choice over other apps because they have been designed specifically with new traders in mind so they can get started on the right foot.
ZuluTrade – Trading App for Beginners
ZuluTrade is an extremely easy-to-use platform that allows you to start trading on over 40 global markets using just one or two trades. It has apps available on both Android and iOS, making it very accessible—no matter where you are in Europe. ZuluTrade is also totally free to use, which makes it a viable option for beginner traders.
This is an app-based trading platform that has been developed to make it easy for traders to get started in trading. The app is available on both android and iOS devices and can be used from anywhere in Europe. It’s free to use, making it an attractive option for those looking to get started on a budget. This platform isn’t only designed with beginners in mind though; experts have rated it.
This app makes it possible to trade on more than 40 markets from anywhere in Europe. The platform uses a selection of currency pairs, including AUD/USD, EUR/GBP, and GBP/JPY. It’s also popular with beginner traders because there are no trading fees – or any other trading apps like ZuluTrade, as long as you use one of their own bank accounts to fund your trades. If you choose not to use one of their bank accounts, you will be charged $5 per trade by ZuluTrade; however, there is no charge if you deposit money into your account via PayPal or credit card.
XM
XM is a division of financial giant Morgan Stanley, and one of several leading CFD providers. CFDs are a type of derivative, meaning it’s a security that changes in value according to another market. In XM’s case, they work with forex pairs to allow users to speculate on price movements in foreign exchange markets without actually owning them. In addition to offering low costs compared to other forex brokers, XM provides a huge number of assets—currency pairs alone run into thousands. This will be crucial if you’re an active trader or short-term speculator: you’ll be able to profit from fluctuations at all times. For more information on how the best trading app for beginners Europe can benefit you, get in touch today!
eToro
eToro is an investment platform that offers a variety of different products including stocks, commodities, indices, and even cryptocurrencies. eToro is best suited to beginner traders because it allows you to trade these assets class-for-class. For example, if you wanted to buy EUR/USD, you could use your eToro account to do so without having to figure out how much each euro is worth in US dollars. It’s a simple approach that makes eToro accessible for beginners; though there are many more advanced features available for more seasoned investors as well.
When you’re just starting out, however, there are a few things you should keep in mind before investing your hard-earned money. One of the most important considerations is how much you plan to trade and with what frequency. Because eToro doesn’t require a minimum deposit or account balance, it’s easy to get started. But if you’re planning on making several trades per day (or even multiple times per week), then it might be worth looking into other platforms that offer more advanced features like margin trading or stop-loss orders.
The second thing to consider is whether or not eToro supports your local currency. At present, eToro only supports US dollars, British pounds, and Euros; though additional currencies will be added over time as well.
IC Markets
IC Markets is one of our top recommendations when it comes to trading apps. This app allows users to trade binary options, Forex and CFDs. The platform has been around since 2013, so you know that it’s secure. This particular trading app also offers great research tools and customer support. There are charts and a news feed on each page as well as a watchlist option so you can keep track of everything that you need in order to make successful trades. If you’re looking for an easy-to-use app, then we suggest checking out IC Markets first. You can check out some other options too if you have time—we have plenty of them on our page about the best trading apps for beginners in Europe.
Conclusion:
If you’re just starting out in trading, it can be tricky to understand exactly how to invest your money. Luckily, there are a variety of trading apps available that will make investing simple and straightforward. No matter what you’re looking for — if you want to invest without stocks or if you want to get started with day trading — there’s an app here that’s right for you. Trade stocks, futures, and options on popular trading platforms including MetaTrader 4, NinjaTrader, and more!
Read More: 5 Awesome Easy to Use Trading Apps UK (2022 UPDATED)