Mobile applications have simplified many of your daily processes, and can now also improve the way you trade online. With some of the best trading apps, you can give out orders, access historical data, analyze different markets, and do practically anything else that you would otherwise do on a desktop computer. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. What are Trading Apps and What are they Great for? Generally, a good trading app will offer you identical features and services as the main online trading platform. As a result, you'd use your existing login credentials to access your account, and be able to operate your trading account seamlessly. In many ways, trading apps offer a convenient way to monitor your investments, carry out new orders, and stay updated with the latest news. The fact that such a powerful tool is available on your phone at the touch of a button is extremely helpful. At the same time, however, trading apps are not ideal for extensive research or analyses. Your phone's small screen would make such exercises uncomfortable and more difficult. How do Trading Apps Complement Web-based Trading Platforms? The best way to get the most out of your trading app is to use it in tandem with the web-based platform. You could, for example, learn about an interesting stock on your broker's app, and then access your web platform to carry out more extensive research. If the stock shows signs of significant potential, you can then move on to buy it, either through the web platform, or your mobile app. Naturally, you cannot carry your desktop computer wherever you go all day, and after a while, even a laptop feels uncomfortable. Your phone is always with you, so having your trading platform's app installed ensures that you can quickly access your account and manage your investments in real-time. What are Sought-After Trading App Features? Competition between the best trading platforms has led to a significant development of trading apps. Due to the long list of features available in each software, some apps score highly on some features, while others do the same in different features. The most popular trading app features include: Chart Customisation - having interactive chart tools can allow you to find opportunities for potentially profitable trendsTrading Functions - the options which are available to you to give out orders, including buying, selling, and setting limitsAvailability of Market Data - information is power, so apps would ideally have as much historical data as possible, and across as many markets as possibleLatest Market News - in certain trading scenarios, such as day trading, one-hour old news is useless, so the best trading apps need to provide you with on the minute updatesEducational Support- from providing you with daily tips to offering you detailed trading guides, the more support a trading app can offer you, the better Some of the Best Trading Apps Available It can be difficult to choose the right trading app for you, especially given the increasing choice which is becoming available on the Internet. The following trading apps have been identified as superior in one or more features which they offer, and you should choose the app that best suits your trading style and requirements. Plus500 Plus500 is an online CFD trading broker which is authorised and regulated by, amongst others, the Financial Conduct Authority (FCA). The platform offers an extensive list of products, including commodities, ETFs, and Indices. Since its founding in 2008, Plus500 has been offering favourable fees and competitive financing. Its mobile app has proven to be highly successful as it seamlessly complements the web-based platform. User-friendliness With a menu which is easy to navigate, and large, clear buttons, Plus500's mobile app ranks highly in terms of user-friendliness. Available on both Android and iOS operating systems, the app is well laid out and responsive to different screen sizes. Search Functionality Even though Plus500 offers a significant selection of investment products, the menu options make finding what you are looking for a breeze. Products are categorised into different pages, and you can use filter tools to manage search results. If you cannot find what you are looking for, the search option instantly provides you with the closest matches to your query. Variety of Order Types Just like with its web-based trading platform, Plus500's mobile app allows you to carry out a variety of trade orders. Whether you are looking to place a simple market order or looking to include automated orders, such as limit orders or stop-loss orders, the app allows you to do this with just a couple of taps. Price Alerts & Order Confirmations For every single product available on the app you can activate price alerts which are then shown in your notifications page. In this page, you will also find information regarding your orders, including confirmations and information regarding limits that have been reached. You can also set various reminders in the app's in-built calendar. Two-step Login Process The mobile app offers two-factor authentication (2FA) as an optional to all of its users. Activating this feature is strongly recommended as it enhances user security and prevents unauthorised account access. [cta text='Visit Plus500' href='/out/plus500'] CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. eToro eToro is an established online trading platform. One of the best-known features of eToro is its social trading option, which allows less experienced traders to benefit from emulating successful traders. The platform's mobile app shares many of the same great features as the web-based platform. Note that only real cryptos are available in the US. User-friendliness eToro's mobile app is very easy to use and offers several customisation options, including the possibility of creating themed portfolios of your investments. The app is available on iOS and Android and is responsive to different screen sizes. Search Functionality The app is split up to enable fast navigation, so even though you've got access to literally thousands of different assets and markets to invest in, finding what you're looking for is just a matter of a few taps. Additionally, eToro's mobile app includes a handy search function if you need to find something faster than using the menu option. Variety of Order Types The same order types which are available on eToro's web-based platform are also available to you on the mobile app. For each investment, you can buy, sell, or set automatic limits easily, normally with just a few taps. Price Alerts & Order Confirmations The eToro trading app will notify you every time there is a price alert, based on your preferences. Several options located within the same notification screen will help you to proceed with an action. Every time you make an order, you also receive a confirmation through the mobile app. Two-step Login Process Just like with its web-based platform, eToro offers 2FA to all of its users, although the option needs to be activated. This two-step login process is highly recommended to keep your data safe. [cta disclaimer='This ad promotes cryptocurrency within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in some EU countries and the UK., no EU consumer protection. Investments are subject to market risk, including the loss of principal.' text='Visit eToro' href='/out/etoro'] Trading 212 Unlike the other trading brokers in this list, Trading 212 focuses most of its marketing efforts on its mobile app rather than its web-based platform. Since its incorporation in 2013, the company has registered over 14 million downloads of its trading app. Here are some reasons why. User-friendliness Trading 212's mobile trading app is superb, offering seamless navigation between thousands of instruments. The app also scores highly for its data visualisation and customisable asset charts. Search Functionality The mobile app allows you to trade and search through its whole list of markets and instruments. Once you find the asset you are looking for, the app presents you with several options, including viewing historical data. This search function is especially ideal if you are still looking to buy shares but haven't yet pinpointed the right investment. Variety of Order Types Trading 212 offers all the same order types on mobile as it does on its web-based platform. Price Alerts & Order Confirmations Every time you place an order through the mobile app you are notified with a confirmation of price and other details. Trading 212's price alerts are not as sophisticated as the other two brokers in this list, but they serve their basic function well. Two-step Login Process Although Trading 212 does not yet offer 2FA, it implements several security processes to protect your funds and data. Apart from carrying out regular scans and penetration tests, the trading broker operates a 24/7 security operations centre which is continually analysing the system for potential threats. [cta text='Visit Trading 212' href='/out/trading212'] CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.