Nowadays most stock brokers offer a free trading app, making for a more convenient trading experience. But what are the best trading apps Ireland to use in 2021?
Mobile trading apps give you total control of your trading account no matter where you are. In this beginner’s guide, we’ll reveal the best trading apps Ireland of 2021, as well as the key metrics you need to consider when choosing the right one for your needs.
Best Trading Apps Ireland 2021 List
Here’s a quick look at the best trading apps Ireland that made our top-ten list for 2021:
- eToro – Best Stock Trading App with 0% Commission Stock Trading
- Libertex – Best forex trading app 2021
- Avatrade – Best stock trading app for beginners
- Fineco – One of the best trading apps Ireland 2021
- Plus500 – Best stock trading app with low fees
- Degiro – Best trading app Ireland for international shares
- Revolut – Leading free trading app
- Goodbody – Best trading app Ireland offering access to 1,000+ shares
- Davy – Best stock trading app with great research features
- Interactive Brokers – Best stock trading app with low trading fees
Wondering what the best stock brokers Ireland are? Read our comprehensive 2021 guide to find out.
Top Trading Apps in Ireland Reviewed
Learn how to start trading stocks and other assets using the best trading apps Ireland. In this section, we review the best trading apps across the board in 2021. Read on to learn more.
1. eToro – Best Stock Trading App with 0% Commission Stock Trading
Launched in 2006, eToro is a leading social trading platform that offers a free trading app that’s compatible with Android and Apple devices. Boasting a client base of more than 20 million, eToro offers the best stock trading app across the board.
eToro is a global CFD and forex broker, meaning it also offers the best forex trading app in 2021. Users have access to 17 international stock markets, copy trading features, heaps of CFD assets, and a fully-fledged free trading app.
Furthermore, you’ll get access to not only UK stocks but also an array of other financial markets. For example, you can buy US stocks without paying a penny in commission, as well as stocks from Germany, Sweden, Japan, Canada, and other major exchanges. eToro also offers the best cryptocurrency trading app, with a native crypto wallet so you can hold your digital assets in a secure hot wallet.
If you want to trade stocks using a short-term investing strategy, you can use leverage and go short. The mobile app is compatible with iOS and Android devices, and it allows you to access all of the same account features as the broker’s desktop platform. eToro accepts debit/credit cards, bank accounts, and e-wallets as payment methods.
eToro also offers heaps of educational materials and guides, so it’s one of the leading trading apps for beginners.
Is eToro safe?
You’ll need to fund your account with a minimum deposit of $50, which includes a 0.5 percent conversion fee for non-USD deposits. Because the entire platform is denominated in US dollars, you won’t have to worry about fluctuating exchange rates when trading US equities. Finally, eToro is regulated by the FCA, CySEC, and ASIC, and you can add two-factor authentication as an extra degree of account protection.
|Inactivity fee||$10 per month after 12 months of no login activity|
|Stocks markets||Access to 17 international stock markets|
|Tradable assets||CFDs, Forex, Commodities, Cryptocurrencies, real Stocks and ETFs, indices|
|Available Trading Platforms||Web-based trading platform, mobile trading app compatible with Android and Apple devices|
68% of retail investor accounts lose money when trading CFDs with this provider.
2. Libertex – Best forex trading app 2021 with low spreads
Libertex is one of the few best trading apps Ireland we’ve seen that doesn’t charge a bid-ask spread. Spreads are at the heart of brokerage costs, therefore making this one a game-changer. For those unsure, the market spread is the difference between the buy and sell prices of the underlying asset.
If the spread is 1 percent, for example, you will be at a 1 percent loss as soon as you place an order. Although Libertex charges commissions, they are usually between 0 and 0.5 percent. As a result, Libertex may be the best option if you’re seeking a free trading app.
It’s worth noting that Liberex is more than just a low-cost trading app. This CFD broker, on the other hand, allows you access to a wide range of popular assets and markets. Stock CFDs, commodities CFDs, Forex CFDs, and cryptocurrencies CFDs are just a few examples. Libertex has several research and analytical tools as well. This best trading app Ireland also has heaps of educational materials that are ideal for beginners.
Is the Libertex free trading app safe?
Experienced forex traders will be pleased to learn that you can access MT4 at Libertex. It’s as simple as downloading the MT4 app and logging in with your Libertex credentials. Libertex has a long history of providing online trading services, dating back to the late 1990s. Additionally, this free trading app is fully regulated by CySEC.
|Commission||0%-0.5% for stocks CFDs|
|Withdrawal fee||€1 for credit/debit card, 1% for Neteller, free for Skrill|
|Inactivity fee||€10 per month after 6 months|
|Stock Markets||With a Libertex brokerage account, you’ll have access to 50+ stock CFDs with the highest market volatility and liquidity. These include the blue-chip stocks of the US markets and major stocks of companies listed on European and Latin American markets.|
|Tradable assets||CFDs, forex and crypto CFDs, stock CFDs, commodity CFDs, stock indices, ETF CFDs, Options CFDs,|
|Trading Platforms||Libertex gives you access to its native web-based trading platform and mobile trading app, as well as MT4 and MT5.|
75.3% of retail investor accounts lose money when trading CFDs with this provider.
3. Avatrade – Best stock trading app for beginners
AvaTrade is a trusted Forex and CFD broker that was established in 2006 and is regulated by many financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Central Bank of Ireland. With an AvaTrade brokerage account you can trade FX, CFDs, and cryptocurrencies with no commissions.
Clients in the United Kingdom can download the top-rated MetaTrader 4 and MetaTrader 5 platforms for Windows and iOS. You can also trade minor, major, and exotic currency pairs using the Web-based version and free trading app.
You can buy and sell more than 55 currency pairs and a variety of CFDs with an AvaTrade trading account. Stock index CFDs, stock CFDs, ETF CFDs, commodities CFDs, bond CFDs, and more are available.
AvaTrade also offers social trading through ZuluTrade and DupliTrade, two reputable third parties. Both of these financial services enable you to mimic the strategies of other traders. To get started, ZuluTrade has a minimum investment of $500, whereas DupliTrade requires a minimum deposit of $2,000 to get started.
AvaTrade offers an inexpensive way to buy and sell CFDs and forex. The fees are included in the bid-ask spreads. Additionally, there are no deposit fees, withdrawal fees, or account fees, thus non-trading fees are also quite inexpensive. On the other hand, after three months of inactivity, a $50 inactivity fee is charged every quarter.
Is AvaTrade a secure platform?
The Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Japanese Financial Services Agency (FSA) are just a few of the financial regulators that authorize AvaTrade.
If the broker goes out of business, you may be entitled to up to €20,000 in compensation. AvaTrade also provides negative balance protection, which means you can never lose more money than you put in.
AvaTrade fees – Breakdown
|Inactivity fee||$50 after 3 months of inactivity and a $100 administration fee after one year.|
|Stock Markets||AvaTrade provides access to 625+ stock CFDs|
|Tradable assets||Forex, CFD trading – index CFDs, stock CFDs, commodity CFDs, Bond CFDs, ETF CFDs.|
|Trading Platforms||WebTrader, MT4 and MT5, AvaOptions, AvaTradeGo. AvaTrade also provides access to social trading via two third-party platforms, DupliTrade and ZuluTrade.|
71% of retail investor accounts lose money when trading CFDs with this provider.
4. Fineco – One of the best trading apps Ireland 2021
Fineco Bank is one of the best trading apps Ireland that’s listed on the Italian stock exchange. The fact that you can trade both real shares and stock CFDs is something we particularly like about the broker. As a result, Fineco Bank caters to both short-term and long-term trading strategies.
You can buy stocks listed on UK markets via the free trading app for 2.95 € per trade via its share dealing service. This online broker also gives you access to a mix of global markets in addition to UK stocks. The trading costs will vary slightly depending on which exchange you want to gain exposure to.
Payments and Regulations
Nonetheless, all traditional share purchases will be subject to a 0.25 percent annual fee. If you want to go long or short on stock CFDs, this best stock trading app allows you to do so commission-free. You’ll also have access to leverage and the ability to short-sell your chosen stock.
If you want to trade other assets, Fineco Bank provides CFDs on forex, indices, bonds, and much more. In terms of compatibility, the free trading app is free to download on iOS and Android devices. When it comes to deposits, the minimum amount is only 100 €. The Fineco Bank stock trading app is licenced by the FCA, so there should be no concerns about safety.
66.01% of retail investor accounts lose money due to CFD trading with this provider.
5. Plus500 – Best stock trading app with low fees
Plus500 is a CFD broker based in the United Kingdom that is well-known for its low fees. It has variable spreads that are among the most competitive. It also does not charge any commissions or fees for deposits or withdrawals.
This best stock trading app offers a diverse set of instruments, including a large selection of stocks from around the world. The Plus500 free trading app allows you to trade stocks, ETFs, indices, forex, commodities, and options.
Payments and regulations
One of the best features of Plus500 is that it provides an unlimited demo trading account, allowing you to use the paper stock trading app and spend as much time as you want familiarizing yourself with the platform. It also accepts a wide variety of payment methods, including e-wallets like PayPal.
Plus500 is a UK-licensed broker that is listed on the London Stock Exchange, which makes it extremely safe and secure. The platform is simple to use, but if we had any criticisms, they would be that Plus500 has fewer trading tools and features than other top-rated trading apps such as eToro and Libertex.
DEGIRO is a low-cost online stock broker with headquarters in Germany and the Netherlands. It was established in the Netherlands in 2008. DEGIRO and flatexDEGIRO Bank AG merged in early 2021 to form Europe’s largest online execution-only broker with a proprietary banking licence. DEGIRO is governed by the Financial Conduct Authority in the United Kingdom.
Trading fees are typically calculated as both a fixed fee and a percentage of the traded volume. Trading stocks on UK markets, for example, costs 1.75 € plus a 0.014 percent commission. DEGIRO also has low non-trading fees, such as no account fees and no inactivity, deposit, or withdrawal fees.
When it comes to payment methods, you’ll have the option of using bank transfers or e-wallets. DEGIRO provides tradable assets ranging from stocks and ETFs to bonds and futures. This best trading app Ireland does not offer CFDs or forex trading.
7. Revolut – Leading free trading app
Revolut is a fast-growing fintech business that specialises in banking and payment services. It was founded in 2015. The company’s commission-free stock trading service, Revolut Trading Ltd, was founded in 2019.
Revolut has been approved by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Client assets are protected up to $500,000 (including $250,000 for cash claims) under the Securities Investment Protection Corporation (SIPC) insurance. Revolut is regulated by the Financial Conduct Authority in the United Kingdom.
There are three account types to choose from, each with different stock trading fees. If you choose the standard account, for example, you’ll get one free stock trading every month. Revolut charges 1 € per transaction once you’ve used up your free trade for the month.
You’ll only be able to purchase and sell equities listed on US exchanges, cryptocurrencies, and some precious metals with Revolut’s limited asset portfolio.
This award-winning stock broker is a renowned financial services firm based in Dublin. For more than a century, it has been serving and strengthening its client connections. “We are a full service, investment-led organisation delivering wealth management, asset management, and investment banking services,” according to the Goodbody website.
Goodbody offers over 1,000 different shares across ten distinct worldwide markets. As one of Ireland’s best stock trading app, you can trust Goodbody to keep your share trading account safe, secure, and transparent when it comes to fees and costs. The account must have a minimum balance of €5,000.
You’ll be able to buy and sell shares and some exchange-traded funds (ETFs) via your tablet or mobile device, as well as follow and manage your investment portfolio on the go, thanks to its user-friendly free trading app.
9. Davy – Best stock trading app with great research features
Davy Select, based in Dublin, was founded in 1926 and is one of the leading stock brokers in Ireland. This best trading platform Ireland is regulated by the Central Bank of Ireland. Davy Select is a Davy Group execution-only brokerage that provides a comprehensive variety of wealth management services.
Davy Select has above-average stock and ETF commissions compared to other trading apps. For example, for UK and Irish equities, the commission is 0.5 percent of the total trade value + €14.99 per trade. If you want to trade equities on US and German markets, you’ll have to pay 0.06 percent of the whole trade value plus a €25 settling fee per trade.
When it comes to payment methods, the only option that is accepted are bank transfers. While the non-trading fees are relatively minimal, there is a 50 EUR inactivity fee charged per quarter. You’ll be able to trade stocks, ETFs, funds, and bonds, among other things.
Davy Select provides a user-friendly trading platform that includes secure two-factor authentication. On the other hand, the platform isn’t customisable, and there’s no mobile trading app.
10. Interactive Brokers – Best stock trading app with low trading fees
Interactive Brokers, one of Ireland’s leading stock brokers, was established in 1978. This online stock broker is regulated by many financial regulators throughout the world, including top-tier ones like the UK’s Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).
Interactive Brokers has a volume-tiered fee structure for stock trading. It’s calculated per share or as a percentage of the overall trade value. If you trade equities listed on UK exchanges, for example, you’ll pay a commission of 0.05 percent of the trade amount.
Payments and fees
Interactive Brokers supports 23 account base currencies available, which is great for traders who want to buy and sell assets in a variety of currencies. Although there are no deposit fees, the deposit options are limited to only bank transfers.
Interactive Brokers is one of the most popular stock trading apps since there are no account fees, no inactivity fees, and no withdrawal or deposit fees to pay. You’ll be spoiled for choice if you want to diversify your portfolio. This online stock broker offers over 75 stock markets and over 13,000 exchange-traded funds (ETFs).
Trading Apps in Ireland Comparison
We’ve gone over the best trading apps Ireland, but how do they compare in terms of prices and features? Let’s take a closer look.
|Best trading app Ireland||Available assets||Pricing Structure||Fee for trading Amazon stock||Fee for trading EUR/USD||Payment methods|
|eToro||Real Stocks, curreny pairs, stock index CFDs, stock CFDs, ETF CFDs, Commodity CFDs, Cryptocurrencies, copy trading||Bid-ask spreads||0% commission on stocks
No markup, ticketing fees or stamp duty, overnight financing fee for CFD positions held overnight after standard market hours
|0% commission, typical spread of 1 Pips||Credit/debit cards, e-wallets, bank transfers|
|Libertex||Stock CFDs, crypto CFDs, forex, commodities CFDs, ETF CFDs||Low commissions||-0.0003%||0.0% commission and zero spreads||Credit/debit cards, e-wallets, bank transfers|
|AvaTrade||Currency pairs, stock index CFDs, stock CFDs, ETF CFDs, commodity CFDs, bond CFDs, cryptos||The fees are built into the spreads||Typical spread: 0.13%||Spread (retail): 0.9 pips||Credit/debit cards, e-wallets, bank transfers|
|Fineco Bank||Real stocks, ETFs, 50+ forex pairs, Mutual funds, Bonds, Options, Futures, CFDs||Commissions||$3.95 per trade for US stocks||Typical spread: 0.8 pips||Bank transfers|
|Plus500||Forex pairs, stock index CFDs, stock CFDs, ETF CFDs, commodity CFDs, cryptocurrencies||There is no commission: everything is built into the spread||Typical spread: 0.75%||Typical spread: 0.01%||Credit/debit cards, e-wallets, bank transfers|
|Revolut||US stocks, cryptos, some precious metals CFDs||Variable Commission depending on account type||The standard account offers 1 free stock trade per month||N/A||Credit/debit cards, bank transfers, electronic wallets such as Apple Pay, and Google Pay.|
|DEGIRO||Does not offer CFDs and forex. Supports real stock trading, ETFs, mutual funds, bonds, options, futures||Low commissions||€0.5 + $0.004/share||N/A||Bank transfers, e-wallets|
|Goodbody||1,000+ shares covering 10 global markets||Commission||0.5% per trade||N/A||Via cheque or electronic transfer|
|Davy||Real stocks, ETFs, mutual funds, bonds||Commission||0.06% of trade value plus a €25 settlement fee per trade||N/A||Bank transfer|
|Interactive Brokers||Real stocks, ETFs, forex, funds, bonds, options, futures, Stock CFDs, stock index CFDs, cryptocurrencies||Fixed-rate commissions, and tiered price plans||$0.005 per share||0.20 basis point of the trade value||Bank transfer|
If you’re wondering how to buy shares in Ireland, read our in-depth beginner’s guide for everything you need to know.
How We Rank the Best Trading Apps
Range of assets
You should choose trading apps that cover the tradable assets you want to trade based on your risk tolerance and investing goals. You can hedge against volatile market conditions by diversifying your portfolio. As a result, eToro is an excellent choice because it covers 17 international stock markets and heaps of CFDs. It also provides commission-free CFD trading, fractional share trading, and copy trading.
The best trading apps Ireland allow you to buy and sell a range of financial instruments with low fees and 0% commission. While the likes of eToro, Libertex, and AvaTrade have low spreads and commissions, bid-ask spreads and overnight financing fees still apply.
You’ll also want to consider non-trading fees. These include charges such as deposit fees, withdrawal fees, inactivity fees, and account fees. Therefore, you’ll also need to consider these types of fees before choosing the best trading app Ireland.
Buying and selling assets via stock trading apps is something that’s become increasingly popular in recent years. The best trading apps Ireland allow you to manage your portfolio, trade assets anytime and anywhere, interact with other traders, and deposit funds with one swipe of a finger.
Arguably the best trading app Ireland, eToro’s free trading app is user-friendly and allows you to set up real-time price alerts. This means you’ll always be in the loop, ready to make the most of unique trading opportunities as they materialize.
Regulation and security
Most trading apps are fully regulated and offer cutting-edge account protection. For example, thanks to the UK’s FCA, CySEC, and ASIC, eToro is one of the leading trading apps offering top-notch security. This includes two-factor authentication and biometric authentication. Moreover, the best trading apps make it their business to hold all clients’ funds in segregated bank accounts.
The most seasoned, experienced traders use trading tools to optimize their investing strategies. Furthermore, technical indicators, real-time quotes, market news, economic calendars, charts, past performance, fundamental data, are all tools in an expert’s trading arsenal.
As such, the leading trading apps act as identical versions of their desktop and web trading platform counterparts. This means you’ll have access to state-of-the-art trading tools while you’re out and about. The best stock trading apps allow you to buy and sell assets anywhere, at any time.
Some trading apps are better suited to more experienced traders. For example, MetaTrader 4 is an advanced trading platform ideal for seasoned forex traders and day traders. That isn’t to say that beginners can’t use the platform, however, there are better options out there if you have little to no trading experience.
All in all, we found that eToro offers a user-friendly trading platform. You’ll even have access to a paper trading account, otherwise referred to as a demo account. This way you can practice buying and selling assets with $100,000 worth of virtual funds in a risk-free simulated trading environment. The best part is that you’ll be learning how to use the platform without investing any of your hard-earned cash.
The best customer services allow you to track the progress of your open tickets, save records of your solved issues, browse through FAQs, and submit questions. With that in mind, we found that eToro offers great customer support that’s fast and reliable. You can contact eToro’s customer service team via live chat, or its online ticketing system where you receive feedback by email.
How to Get Started with an Irish Trading App
If you’re ready to start trading with the best trading app Ireland, we’ll guide you through the process from start to finish.
Step 1: Download and Install the eToro App
First and foremost, visit the official eToro website and download its innovative trading app. This way you’ll be able to trade and invest any time, anywhere, and switch between your laptop, desktop, tablet and mobile smartphone with ease.
Step 2: Open Account and Upload ID
The next step involves creating a new brokerage account by entering your details and choosing a username and password.
As eToro is a regulated broker, you’ll need to go through the KYC process to verify your account. The verification process is simple and fast, just upload copies of your passport and a recent bank statement as proof of identity and address.
Step 3: Deposit Funds
Funding your account is also very straightforward. If you want your funds to be credited to your account instantly you’ll need to use a credit card, debit card, or e-wallets such as PayPal or Skrill. Alternatively, bank transfers typically take between 3-5 business days.
When it comes to non-trading fees, there are no deposit fees to pay. However, there is a small $5 withdrawal fee.
Step 4: Buy Stocks
With your account now verified and funded, you can start trading assets such as stocks and ETFs. You can either browse through the selection of financial instruments, or you can use the search bar at the top of the dashboard to find exactly what you’re looking for. But what are the best stocks to buy now in Ireland?
We’re looking to buy Apple stocks in this example. You will be presented with an order box after tapping on the ‘Trade’ option. Enter the amount you want to invest in USD. We’re interested in buying $50 worth of AAPL shares, as you can see in the sample below. This is possible because eToro supports fractional share trading.
Last but not least, tap on the ‘Open Trade’ button to execute your trade.
Best Trading App Ireland – Conclusion
Trading apps let you buy and sell assets, manage your portfolio, and deposit funds from your mobile device. If you’re looking for a convenient way to trade stocks and other assets, the best trading apps Ireland might just be the answer.
Throughout this guide, we’ve covered the best trading apps you can use right now. Consequently, we found that eToro is the best stock trading app as it offers passive trading via CopyTrader and CopyPortfolios, as well as commission-free trading.
eToro – Best Stock Trading App Ireland with 0% Commission
68% of retail investor accounts lose money when trading CFDs with this provider.