on the crypto
To trade online it is not necessary to have a desk and a fixed computer. Thanks to the latest technological advances, it is now possible to trade with applications for mobile devices, such as smartphones and tablets.
Of course, for eye health, it is always better to have a bigger screen in front of you, especially if you need to monitor the markets in search of profitable opportunities, but now that smartphones and tablets have also grown in size, this gap is no longer so clear.
Trading means in its simplest exception, buying an asset at a low price and then reselling it at a higher price to make a profit. To trade, today it is no longer necessary to have a desktop or laptop PC, because the best brokers offer more than enough trading apps to trade via mobile phones and tablets.
The trading apps also allow users to access platforms via mobile, in a more comfortable and convenient way than on a desktop PC. First of all, because through these mobile apps the platforms are always at hand; and also because the app is perfect to run on the smallest screen of a mobile or tablet.
For this reason, if your favorite broker offers you the possibility to download a trading app on your device, do it without hesitation because you can be sure that it is a better solution than accessing the platform via mobile web browser.
The best trading apps for smartphones and tablets
There are many brokers who today bet on trading from mobile devices by offering their traders trading apps cutting edge. They therefore combine advanced desktop trading platforms with trading apps to be downloaded directly to smartphones and tablets, both iOS and Android.
There are mainly a couple of trading apps that we have decided to put under the magnifying glass for the number of positive reviews received and the number of downloads. In the following sections, we will examine these apps in detail, meanwhile we tell you that it is:
- eToro
- Libertex
How to create an account with eToro
eToro offers all its clients one of the best trading apps in the industry. The trading app of this broker offers everyone the possibility to do mirror trading with social features, bitcoin trading and day trading.
In this way you can also do automatic trading following the professional traders of the platform, a useful way for beginners who can learn how to trade without risking too much and without a trading course.
An advantage offered by eToro is to be able to test its platform with a demo account, which does not require any deposit. Its app is optimized for both iOS and Android devices and can be downloaded from the official page or from the respective stores.
All this is not surprising, as eToro can be considered a giant in this sector and its site also offers a huge trading library to learn the basics.
To download the app:
- Log in to the official website from your web browser or search for eToro on your store
- Download and install the trading app on your mobile device
- If you are not registered, choose a real money account or demo mode and proceed with the registration
- Now you just have to practice in demo or launch yourself immediately on real markets with real money
How to create an account with Libertex
Libertex is another trading apps that offers excellent service. Its cfd trading platform is one of the most popular in the world, and has been downloaded by millions of users from their respective stores, who have also often and willingly given it an excellent rating.
- To find the Libertex trading app, just go to the Apple Store or Google Store and type Plus500 in the address bar. To install it, all you have to do is click on the Install button.
- After launching the platform on your mobile device, all you have to do is log in and you will see in your balance the virtual amount that has been credited to you.
- At this point you can practice forex trading, cryptocurrency trading and commodity trading with a beautiful, fast and easy to use app.
What are the advantages of a trading app over a mobile browser app?
In addition to offering fewer constraints, the trading apps offered by the best brokers in the world also allow traders to negotiate whenever they want or feel the need, just have their smartphone or tablet with them.
Using an application, you can have at your disposal all the features present also in the desktop counterpart for fixed computers and moreover, you can trade with an easy and fast platform, without envying anything to PC software.
The trading apps also allow you to stay up to date on the latest market news, offering daily news on the trend of the main markets or those preferred by the user.
In addition to improving the navigability of trading apps, the developers of these applications are committed to developing increasingly reliable and secure apps. In addition, all or almost all are available for a "road test", or with demo mode to try them out before registering.
In reality, there is no set path to choose the best trading apps, which are then the ones that best suit your needs, but you can certainly follow our advice.
- First of all, if you want to start doing general trading, rely on regulated, legal and internationally recognized broker apps. Specifically, check if the brokers chosen have certificates such as the CONSOB ones for Italy or a CySEC license valid throughout Europe.
- If on the website of the broker you are considering, there is no complete reference to these supervisory bodies, then this is already a good indication to change direction.
- Like many other markets, even in online trading there is no shortage of scammers, who through bogus mobile applications promise to make you buy a beach house or a luxury car overnight. The truth is that trading doesn't mean getting that rich in no time and anyone who tells you otherwise, just wants to scam you.
You must know that to make money with trading it is necessary to sweat, study and gain a lot of experience. No trader is perfect, everyone makes mistakes, even the best ones, but those who are successful are not those who close all positions with a plus (impossible) sign, but those who close more positive than negative positions.
What techniques to use to invest in trading apps
In trading it is impossible to eliminate risk entirely. The best trading apps we have described below specify this quite clearly. Trading it means risking losing your capital, even in full.
Even if you use the apps of the best online brokers, this does not mean that you cannot lose your capital 100%. For this reason, we suggest you use some useful expert trading techniques, which will help you manage your money better.
Money Management
This trading technique consists of splitting your capital across many small trades, rather than one or two positions. With Money Management, no more than 5% of your capital is placed on each single position. In this way the risk is greatly reduced, but it is never eliminated!
From what has been said up to now, it is clear that the cardinal principle for choosing the best trading app is that of legality. Then everyone is free to rely on the broker they prefer, based on their preferences. Some choose eToro, for example, for the social trading features offered, others Plus500 for other reasons, and other traders choose other legal apps for various personal reasons.
Definitely…
Ultimately, our advice is to choose trading apps that are perfectly suited to your needs, but which are above all offered by legal brokers such as those proposed in this article. Not only are eToro and Plus500 reliable, there are many others, but they are certainly two of the best for beginners, as they offer secure, easy-to-use and mobile trading apps.
