If you are familiar with trading, you know it goes fast. You have to time your trades to be the most profitable. For this reason, you want to be able to trade from your smartphone wherever you are.
There are many trading apps out there, but which one is the best? In this guide, we will take a look at the best mobile trading platforms and trading apps available in the United Arab Emirates.
Best Mobile Trading Platforms and Trading Apps – What to Look For?
Nowadays smartphones are almost as powerful as desktop computers. Traders demand the same trading tools and features found on desktop trading software to be available from their smartphones. So what do the best mobile trading platforms offer? The best trading platforms for mobile trading in our top 5 all offer real-time price feeds, technical indicators, and stock alert notifications.
Whenever you want to start using a trading app, make sure it has all these features to be able to trade the markets in the most efficient way.
Top 5 Trading Platforms For Mobile Trading in overview:
01. eToro: Overall Best Mobile Trading Platform in the UAE
After testing out several mobile trading apps, we found that eToro is the best overall mobile trading platform in the UAE. They offer an easy-to-use trading app that is available for both Android and iOS devices. Via the eToro app traders can trade over 2,400 financial instruments among asset classes like stocks, commodities, forex, and crypto. The app features trading tools like technical indicators, advanced order options, and the eToro Copy Trading feature.
With eToro Copy Trading you can follow other traders and copy their trades on auto-pilot. This is useful for beginner traders and for traders who don’t have the time to follow the markets and their movements all the time. You can open an eToro mobile trading account from $50 (200AED).
02. AvaTrade: The Best Mobile Trading App for High Leveraged Trading in the UAE
AvaTrade is a good runner-up for the best mobile trading platform in the UAE. It is a CFD and forex broker that has been in business since 2006. With the AvaTrade GO trading app, traders can trade over 1,000 different assets, including forex, crypto, commodities, indices, shares, bonds, ETFs, and options.
One of the things that make AvaTrade’s mobile trading platform stand out is the option to trade with leverage as high as 400:1. AvaTrade offers commission-free CFD trading. For this reason, AvaTrade is a well-suited trading app for day traders who wish to scalp the markets.
03. Pepperstone: Best Trading Platform for Fast Execution Mobile Trading in the UAE
If you’re looking to trade the markets in the fastest way possible from your smartphone, look no further than Pepperstone. Pepperstone offers very fast order execution speeds on mobile of less than 30ms. Via the Pepperstone trading app traders have access to level 2 market depth, technical indicators, an economic calendar, and the latest financial news. It is possible to use advanced order settings and receive price level notifications.
Traders can open a CFD trading account or Spread Betting account with Pepperstone. Both give traders access to over 200 CFD instruments among asset classes like forex, stocks, and cryptocurrencies.
04. Interactive Brokers: Best Day Trading App in the UAE
Interactive Brokers is a famous American brokerage firm that offers an excellent day trading app. With this app, traders can trade thousands of stocks, ETFs, forex, bonds, commodities, and cryptocurrencies.
The app contains a financial news feed, market scanners, and a risk navigator tool. This trading app is better suited for experienced traders because it has so many advanced tools. If you are a beginner trader, you might want to try their free day trading simulator app first.
05. Saxo Bank: Best Mobile Forex Trading Platform in the UAE
Saxo Bank is one of the best forex brokers in the world. With their SaxoTraderGO app, traders can manage and execute trades on the go from any mobile device with an active internet connection. They provide a wide range of tradable currency pairs (200+) with maturities from 1 day to 12 months.
Trading forex with SaxoTraderGO is commission-less and Saxo only charges spreads as low as 0,4 pips. Apart from forex trading, traders can also use the SaxoTraderGO app to trade stocks, commodities, and cryptocurrencies.
What is the Best Free Mobile Trading App in the UAE?
The best free mobile trading app is eToro. We found eToro’s mobile trading app to have all the tools and features needed to trade the markets on the go. The eToro mobile trading app is well-suited for both beginner and experienced traders.
How to Choose the Best Mobile Trading Platform in the UAE?
You choose the best mobile trading platform or trading app in the UAE by looking at the features it offers. A good mobile trading platform contains features like advanced charts, technical indicators, and automated trading tools. Most mobile trading apps have these features, but you should also take the fees charged by brokers into account. We recommend only trading with regulated brokers that charge low and competitive fees.
What is the Best Mobile Trading Platform or Trading App for Beginners?
We recommend beginners to use the eToro mobile trading app. This mobile trading platform contains all the features beginner traders need. eToro also provides educational material for beginner traders to get a better understanding of the financial markets.
Which Mobile Trading Platforms can I use to Trade Stocks for Free in the UAE?
The best commission-free trading platforms for mobile trading in the UAE are:
- eToro – Overall Best Mobile Trading Platform in the UAE
- AvaTrade – The Best Mobile Trading App for High Leveraged Trading in the UAE
- Pepperstone – Best Trading Platform for Fast Execution Mobile Trading in the UAE
- Interactive Brokers – Best Day Trading App in the UAE
- Saxo Bank – Best Mobile Forex Trading Platform in the UAE
|#1||eToro||Mobile trading account from $50||4.9 / 5||Best trading platform||Official website|
|#2||AvaTrade||Over 1,000 different assets||4.8 / 5||Best for High Leveraged Trading||Official website|
|#3||Pepperstone||Over 200 CFD instruments||4.8 / 5||Best for Fast Execution Mobile Trading||Official website|
|#4||Interactive Brokers||Financial news feed, market scanners, and a risk navigator tool||4.9 / 5||Best Day Trading App||Official website|
|#5||Saxo Bank||Only charges spreads as low as 0,4 pips||4.9 / 5||Best Mobile Forex Trading Platform||Official website|
Note that most brokers offer commission-free stock trading via their mobile trading platform. However, these brokers have the best available tools and features AND offer commission-free trading.
What is the Safest Mobile Trading Platform or Trading App in the UAE?
All the mobile trading platforms and apps we have discussed in this guide are safe. These are all regulated and licensed brokers by reputable financial regulators like the DFSA, CySec, ASIC, and FCA. AvaTrade is the safest mobile trading platform of them all, as they have their office in Abu Dhabi and are regulated by DFSA.
Which Mobile Trading Platforms or Trading Apps give Free Stocks to UAE Traders?
Robinhood gives you free stocks as an incentive for opening a trading account with them. Webull also does this but is not available in the United Arab Emirates at the time of writing this guide.
What is the Best Trading App for iPhones in the UAE?
eToro is the best trading app for iPhones for traders from the United Arab Emirates. AvaTrade GO is a good runner-up. If you only want to trade forex, SaxoTraderGO is the best choice as a trading app.
What is the Best Trading App for Android Phones in the UAE?
From all the mobile trading platforms that we tested, eToro comes on top of our list of best trading apps for Android phones in the UAE. The other trading platforms discussed in this guide are equally good.
Can I start Trading From My Smartphone with $100 (400 AED)?
Yes, the brokers in this list of best mobile trading platforms each require a minimum deposit of less than $100. This means you can get started with mobile trading with a low initial investment.
What is the Best Mobile Trading Platform or Trading App for Me?
In the table below you can see which mobile trading platform suits you the best.
|Mobile Trading Platform||Best for Type of Trader|
|AvaTrade||High leverage CFD trader|
|Interactive Brokers||(Scalping) Day Trader|
|Saxo Bank||Forex Trader|
How we Rated the Best Mobile Trading Platforms and Trading Apps in the UAE
We rated the best mobile trading platforms and trading apps in the UAE based on several factors. We tested and reviewed their user interfaces, available features, order execution speeds, order types, and fees. This led us to the top 5 best mobile trading platforms as described in this guide.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education and research are all part of our six-month evaluation of a broker’s trading platform.The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
- 1 Best Mobile Trading Platforms and Trading Apps – What to Look For?
- 2 Top 5 Trading Platforms For Mobile Trading in overview:
- 2.1 01. eToro: Overall Best Mobile Trading Platform in the UAE
- 2.2 02. AvaTrade: The Best Mobile Trading App for High Leveraged Trading in the UAE
- 2.3 03. Pepperstone: Best Trading Platform for Fast Execution Mobile Trading in the UAE
- 2.4 04. Interactive Brokers: Best Day Trading App in the UAE
- 2.5 05. Saxo Bank: Best Mobile Forex Trading Platform in the UAE
- 2.6 What is the Best Free Mobile Trading App in the UAE?
- 2.7 How to Choose the Best Mobile Trading Platform in the UAE?
- 2.8 What is the Best Mobile Trading Platform or Trading App for Beginners?
- 2.9 Which Mobile Trading Platforms can I use to Trade Stocks for Free in the UAE?
- 2.10 What is the Safest Mobile Trading Platform or Trading App in the UAE?
- 2.11 Which Mobile Trading Platforms or Trading Apps give Free Stocks to UAE Traders?
- 2.12 What is the Best Trading App for iPhones in the UAE?
- 2.13 What is the Best Trading App for Android Phones in the UAE?
- 2.14 Can I start Trading From My Smartphone with $100 (400 AED)?
- 2.15 What is the Best Mobile Trading Platform or Trading App for Me?
- 2.16 How we Rated the Best Mobile Trading Platforms and Trading Apps in the UAE