The Best Mobile Trading Apps in Germany

Mobile Stock trading via Apps in Germany is no longer the preserve of a small elite. Thousands of Germans are realizing its potential as a more autonomous and flexible way to trade than on PC. However, the growth of accessible stock trading apps is also driving the boost.

But not everyone knows which are the best stock trading apps in Germany. So, if you’re new to investing into stocks or daytrading, follow our guide to understand the best stock trading apps for Germans and make the right choice.

The Best Mobile Trading Apps in Germany

  • Best Trading App for Beginners:  Etoro
  • Best Trading App for Android: Skilling
  • Best Trading App for iOS: XTB

 


eToro – The best trading App for Beginners in Germany

 

eToro was founded in 2006 and today is considered one of the best stock trading apps on the market. Its accessibility and superb features have made it a hit with its 13m+ users.

Regulation

eToro is regulated by the German BaFin Federal Financial Supervisory Authority and other most highly-respected bodies worldwide, including the Australian ASIC and the Financial Conduct Authority FCA in the UK

Tradable Assets

eToro offers access to 17 global markets for trading stocks, with over 1,700 options available. This wealth of choice makes it one of the most popular and accessible trading apps for stocks, while the platform also offers services in:

  • Forex
  • Crypto
  • Bonds
  • Tradable commodities

The diversity of its offering is what draws many users in and keeps them there. Apps with a more limited range of services tend to give users less chance to make significant gains and provide a less complete learning experience than eToro.

Stocks can be bought and sold as usual or traded as CFDs. Note that CFDs are highly technical financial instruments and, unless you’re well-versed in how they work, CFDs can easily lead to significant losses. Only experienced traders should work with CFDs.

Fees

eToro doesn’t charge commission fees for buying and selling stocks. This sets it apart from the competition and is a major reason we consider it one of the best stock trading apps. It charges no fees for deposits, either, which is why it’s so popular with smaller-scale investors and day traders.

Withdrawals have a very affordable fee of $5, while inactivity fees only come into play after a year of absence and are set at $10 per month. It’s an extremely cost-effective and beginner-friendly platform.

Usability

You can use this platform on a computer or a smartphone. The eToro app is well-designed, loads quickly, and allows you to manage your portfolio on the move. It’s got everything we’d ask for in a trading app.

The site and app are protected by excellent security, allowing users to trade confidently. The platform’s customer service is also considered very good by its users.

Additional Features

 

eToro lets you set up personalized alerts and offers good educational resources for beginner users. It also has a wonderful feature called eToro Copy Trading, which lets inexperienced traders copy the moves of their more experienced counterparts. It lets you see their past decisions and is a great analytical resource in itself but also allows for easy, reliable decision-making if you’re pressed for time.

Pros:

  • Very well-regulated
  • Easy-to-use, accessible app
  • Access to numerous markets
  • No commission or deposit fees
  • Cheap withdrawals
  • Great security
  • Superb Copy Trading feature
  • Good resources
  • A diverse range of other trading services
  • Good customer service

Cons:

  • Fewer analysis features than some more expensive services

Skilling – The Best Trading App for Android in Germany

 

Established in 2016, Skilling is looking to break the mold with a service geared towards learner traders and making stock trading apps more accessible.

Regulation

Skilling is regulated by the FSA (Financial Services Authority) and CySEC. It’s considered a secure and trusted platform by traders across the globe.

Tradable Assets

Skilling is one of the most varied stock trading apps on our list. It allows users to trade stocks, CFDs, Forex, Cryptocurrencies, commodities, and indices. It’s considered a top platform for CFD trading and offers more Crypto options than many other brokers.

Fees

Skilling offers competitive spreads on both fiat and Crypto investments, keeping its fees relatively low. It doesn’t charge for withdrawals and a regular account has a minimum deposit of just $100.00.

Usability

The company was born later in the digital age than many other platforms, and this is reflected in the sleek design and incredible accessibility of its stock trading app. Navigation is straightforward, and keeping track of your portfolio is extremely easy, with ultra-fast loading times.

Additional Features

Skilling offers a free demo account, which we applaud in any broker. This allows users to gain familiarity with the app before creating a regular or premium account. The platform also offers great analytical tools.

Pros:

  • Well-regulated
  • Huge variety of tradable assets
  • Low fees
  • Intuitive app
  • Free demo accounts are available
  • Strong analytical tools
  • Very secure
  • Great customer service

 

Cons:

  • Less intensive regulation than some other brokers


Capital.com – The Best Trading App for Stock CFDs

Capital.com was founded in 2016. It serves over 2m users worldwide and prides itself on its cutting-edge trading tools.

 

Regulation

Capital.com is authorized and regulated by the FCA, ASIC, and CySEC. It has a reputation as a highly trusted broker and is popular with many experienced traders.

Tradable Assets

This platform specializes in stock CFDs and has a phenomenal range, with over 4,000 options for traders to choose from. This selection is drawn from a range of the most prestigious financial markets worldwide. It’s one of the top stock trading apps for CFTs for this reason – note that it doesn’t offer conventional stock trading.

Capital.com also offers Forex services, as well as indices and EFTs. This makes its offering more varied and accessible to less experienced users.

Fees

There’s no commission as such on Capital.com – rather, the fees come in the spread you pay when trading stock CFDs. However, it’s worth noting that this platform offers extremely tight spreads and, for experienced traders specializing in CFDs, these “fees” are negligible compared to what you’ll find on many other platforms.

Usability

This is one of the most user-friendly stock trading apps around. While the platform offers numerous features, they’re easy to access and well-displayed whether you’re on a computer or mobile. It’s compatible with MT4 and also provides a bespoke trading platform. Its live updates and notifications are lightning-fast, and it offers great all-around functionality.

Additional Features

Capital.com prides itself on embracing cutting-edge technology to assist its userbase. To this end, we highly recommend its advanced analysis tools and AI-based alert system. It also offers more traditional educational services like webinars, learning programs, and technical indicators.

Pros:

  • Very well-regulated
  • Excellent app
  • Superb educational resources
  • Top analysis tools and alerts
  • Tight spreads
  • Secure platform
  • Great customer support

Cons:

  • Doesn’t offer traditional stock trading
  • CFDs are very high-risk

XTB – The Best Trading App for iOS in Germany

XTB was founded in 2002 and offers services in stock CFDs, Forex, and EFTs. It is a well-regarded broker with headquarters in London and Warsaw.

Regulation

XTB is regulated by the FCA and is also listed on the Warsaw Stock Exchange. As a publicly listed company, it is subject to regular checks and audits to ensure it is financially compliant, making this a highly-trusted broker.

Tradable Assets

Like Capital.com, this broker specializes in stock CFDs rather than conventional options. It offers access to top global financial markets, typically with a low spread.

Traders can also use XTB as a platform for Forex and EFT trading.

Fees

XTB doesn’t charge deposit or withdrawal fees, which is a great start. As it uses stock CFDs, a commission isn’t charged directly but factored into the spread. As noted, these spreads tend to be pretty tight, keeping commission fees low.

However, the platform charges higher-than-average fees for access to its stock CFD trading service. These are well worth it for many users in terms of the platform’s usability, assets, and additional features, but may seem steep for novices.

Usability

This is one of our favorite stock trading apps, with fast loading times and an open, accessible layout. It makes it very easy to open an account and keep track of your investments, while the app’s notification features are straightforward and always punctual.

Additional Features

XTB has great charting tools and a news feed that is regularly updated with useful information. It has solid educational resources and analysis tools, with the only drawback being a slight lack of fundamental data.

Pros:

  • Well-regulated and trusted platform
  • Very secure
  • Superb mobile app
  • Useful additional tools
  • Extra services include Forex and EFTs
  • No deposit/withdrawal fees

Cons:

  • Higher fees for stock CFD trading
  • Fundamental data could be improved

 

What to Look For in the Best Stock Trading App in Germany ?

Below you’ll find our guide to discerning the best stock trading apps from the merely average.

How Is It Regulated & Is It Secure?

Highly-regarded regulators include the: 

  1. German BaFin Federal Financial Supervisory Authority
  2. Securities and Exchange Commission (SEC) in the U.S.
  3. The Financial Conduct Authority (FCA) in the UK
  4. ASIC (Australian Securities and Investment Commission) in Australia
  5. CySEC (Cyprus Securities and Exchange Commission)

Trustworthy stock trading apps will make this information easily accessible on their website. Likewise, it should be easy to find the security systems a platform uses on its website. If this information is not listed, we do not recommend using that app and instead choose one of the options we covered in this guide.

What Tradable Stocks Does It Offer?

Traditional stock options are the best choice for beginner and intermediate traders – brokers offering a wide range of these from top markets are a great start. Even highly experienced traders often prefer traditional tradable stocks.

Stock CFDs are much higher-risk but can be lucrative if you know how they work. However, never trade stock CFDs unless you’re 100% sure you know what you’re doing.

Is It User-Friendly?

Stock trading apps should:

  • Load immediately
  • Offer helpful notifications
  • Be easy to navigate
  • Be equally accessible on a computer or mobile

If an app doesn’t meet these criteria, it might be time to look elsewhere.

What Are Its Fees?

We’d all rather pay lower fees, but it’s worth noting that high fees frequently allow access to better analytical tools and real-time information. Compare any platform’s fees with its additional content.

What Additional Features Does It Provide?

Strong analytical tools, access to signals, and research features are an integral part of any high-quality stock trading apps. Platforms may also offer unique features of their own – check them out and see what’s useful.

Does It Offer Educational Resources?

Educational materials are an important part of a trading platform, especially if it’s aimed at novice traders. Good educational resources are also a great indicator that a site is legitimate.

What Payment Methods Does It Offer?

Major payment methods such as Visa and MasterCard are accepted by most providers, although some won’t accept PayPal. Some platforms allow you to deposit and withdraw using Crypto, so check the options available.

Is Its Customer Service Accessible?

Before you sign up, make sure you know when customer service is available for traders. It’s also worth looking up customer service reviews for any platform: look for common positives and complaints.

How to Get Started With Mobile Stock Trading Apps in 5 Steps

Now that you know which are the best trading apps, are you ready to get started? Let’s walk through these five quick steps to getting you set up on the best stock trading apps.

1. Pick Your Platform

Now you’re confident that you know which platform’s features suit you best, it’s time to settle on a decision. Pick your platform and load up the website.

2. Create An Account

Creating an account is straightforward on the top stock trading apps and only requires a few details.

3. Download the App & Log In

Keep track of your investments on the go. Download the mobile app and log in to receive important notifications.

4. Make Your Initial Deposit

Some platforms have a minimum deposit, though this is typically quite low for standard accounts. Go with what you feel comfortable with.

5. Start Trading

Now it’s time to take advantage of the educational resources and analytical tools available to you. Do your research, check your options, and start making smart trading decisions.


Verdict

The most popular mobile stock trading apps are known for their transparency and accessibility. Top authorities regulate these platforms, and they provide helpful information for beginner and expert traders alike. Most of all, they’re recognized by their users as an effective part of starting your stock-trading journey. 

If you’re new to trading, you can’t go wrong with any of the options on this list. Pick your platform from this guide and start investing in your finances today.