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Best stock trading apps for non-US, non-EU citizens

Jul 2019
Our top 2 stock trading app picks
Saxo Bank
Tradestation

To help you find the best stock trading apps for non-US, non-EU citizens, we went ahead and did the research for you. First, we selected more than 57 quality stock trading apps, then we checked their user-friendliness, stock trading fees, safe login and more. We went deep, so you won't have to.
4 stock trading apps made it to the top. We highly recommend all 4 to you. And now, without further ado...

Our top 4 picks for the best stock trading apps of 2019 for non-US, non-EU citizens:

  1. Saxo Bank is the winner. User-friendly. Good search function. Good variety of order types.
  2. Tradestation in the second place. User-friendly. Good variety of order types. Price alerts.
  3. FXTM. rounded out the top three. User-friendly. Good search function. Modern design.
  4. SogoTrade, numero quatro. User-friendly. Good variety of order types.
Best stock trading apps for non-US, non-EU citizens
Name Company info App score
#1 Saxo Bank Danish investment bank 5 stars
#2 Tradestation US stockbroker 5 stars
#3 FXTM Global CFD and FX broker 4 stars
#4 SogoTrade US-based stockbroker 4 stars

The stock trading apps are always operated by a financial company, usually by a brokerage company. All brokers behind the 4 selected stock trading apps are considered safe. They are regulated by top-tier financial regulators.

What makes a good stock trading app? First, it has to be user-friendly. It also has to offer fair fees. Safe login, product search function, order types, price alert and order confirmation availability are also among the checked factors . Easy to list, but hard to figure it out. We are testing the stock trading apps with real accounts and real money. We know what's up.

Boring, but important stuff: On some of the trading apps you can trade with CFD products. They are complex and very risky, thus not suitable for everyone. You can easily lose all of your invested money. If you don't have clue what a CFD is, start with these CFD trading tips

And now, let's see the best stock trading apps one by one. Starting with the winner, Saxo Bank.

#1 Best stock trading app 2019
Saxo Bank

Best trading platform

Saxo Bank logo

Saxo Bank is a Danish investment bank providing online trading and investments. It is a leading European retail brokerage innovator. Saxo is privately owned, established in 1992, and headquartered in Copenhagen.

Saxo is considered safe as it is regulated worldwide by more than 10 financial regulators, including top-tier regulators, like the UK FCA.

Visit broker

#1 Saxo Bank
App functionality and features 5 stars

Saxo Bank's mobile platform has the same look, user-friendliness, and almost the same functionality than the web platform.
Pros
  • User-friendly
  • Good search function
  • Good variety of order types
Cons
  • No two-step (safer) login

Saxo Bank stock trading app is available on both iOS and Android.

Saxo Bank stock trading app
Saxo Bank Tradestation FXTM SogoTrade
Two-step authentication No Yes No No
# of order types 5 5 3 5
Search function Great Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes No No
User-friendly Great Great Great Great
Best stock trading apps for non-US, non-EU citizens - Saxo Bank stock trading app

More Visit broker

#1 Saxo Bank
Stock trading fees

Saxo Bank stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at Brokerchooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular stocks:

  • Apple
  • Vodafone

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Saxo Bank stock trading benchmark fees
Saxo Bank Tradestation FXTM SogoTrade
Apple benchmark fee $20.0 $2.2 $17.0 $9.9
Vodafone benchmark fee $15.0 - - -

Want to check the pricing by yourself? Here you go:

Saxo Bank stock trading commission
Saxo Bank Tradestation FXTM SogoTrade
USA $0.01/share; min $9.90, but using VIP pricing the minimum can be as low as $3 $0.01 per share; min $1 Commission is charged only for opening a position and it's volume-based $4.88 flat fee/trade, $2.88 above 150 trades/quarter
UK 0.1% of trade value; min £4.99, but using VIP pricing the commission can be as low as 0.05% of trade value Not available Not available Not available
Germany 0.1% of trade value; min €10, but using VIP pricing it can be as low as 0.05% of trade value with €6 minimum Not available Not available Not available

Non-trading fees

Saxo Bank has average non-trading fees.

Saxo Bank non-trading fees
Saxo Bank Tradestation FXTM SogoTrade
Account fee No No No No
Inactivity fee Yes Yes Yes Yes
Withdrawal fee $0 $35 $2 $50

Feel free to check out more about brokerage fees if your want to learn more.

#1 Saxo Bank
Account opening 3 stars

Account opening is available for residents of almost every country and is fully digital.
Pros
  • Fast
  • Fully digital
  • Available for residents of almost every country
Cons
  • Minimum deposit is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
Saxo Bank minimum deposit and time to open an account
Saxo Bank Tradestation FXTM SogoTrade
Minimum deposit $725 $500 $500 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days

You can start the account opening via both the broker website or the app.

More Visit broker

#1 Saxo Bank
Deposit and withdrawal 5 stars

Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
Pros
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
Cons
  • Credit/Debit card withdrawal not available
Saxo Bank withdrawal fee and options
Saxo Bank Tradestation FXTM SogoTrade
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No Yes No
Electronic wallets No No Yes No
Withdrawal fee $0 $35 $2 $50

More Visit broker

#1 Saxo Bank
Markets and products 4 stars

At Saxo Bank you can reach many markets and trade with a lot of different products, except for funds.
Saxo Bank stock market coverage
Saxo Bank Tradestation FXTM SogoTrade
Stock markets (#) 36 11 2 3
ETFs (#) 3,100 2,200 - 2,300
Saxo Bank products and markets beyond stock and ETFs
Saxo Bank Tradestation FXTM SogoTrade
Forex Yes No Yes No
Fund No Yes No No
Bond Yes No No No
Options Yes Yes No Yes
Futures Yes Yes No No
CFD Yes No Yes No
Crypto Yes No Yes No

More Visit broker

#2 Best stock trading app 2019
Tradestation

Tradestation logo

TradeStation is a US broker with a long history dating back to 1982. Its parent company, the Monex Group is listed on the Tokyo stock exchange.

TradeStation is considered safe as it is regulated by a top-tier regulator, the US FINRA. Clients are eligible for the SIPC investor protection scheme which offers up to $500,000 (cash up to $250,000) per account.

Visit broker

#2 Tradestation
App functionality and features 5 stars

TradeStation mobile platform is great. It is very user-friendly and well-designed. You will also find all important functions, like the price alert or order management features.
Pros
  • User-friendly
  • Good variety of order types
  • Price alerts
Cons
None

Tradestation stock trading app is available on both iOS and Android.

Tradestation stock trading app
Saxo Bank Tradestation FXTM SogoTrade
Two-step authentication No Yes No No
# of order types 5 5 3 5
Search function Great Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes No No
User-friendly Great Great Great Great
Best stock trading apps for non-US, non-EU citizens - Tradestation stock trading app

More Visit broker

#2 Tradestation
Stock trading fees

Tradestation stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at Brokerchooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular stocks:

  • Apple
  • Vodafone

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Tradestation stock trading benchmark fees
Saxo Bank Tradestation FXTM SogoTrade
Apple benchmark fee $20.0 $2.2 $17.0 $9.9
Vodafone benchmark fee $15.0 - - -

Want to check the pricing by yourself? Here you go:

Tradestation stock trading commission
Saxo Bank Tradestation FXTM SogoTrade
USA $0.01/share; min $9.90, but using VIP pricing the minimum can be as low as $3 $0.01 per share; min $1 Commission is charged only for opening a position and it's volume-based $4.88 flat fee/trade, $2.88 above 150 trades/quarter
UK 0.1% of trade value; min £4.99, but using VIP pricing the commission can be as low as 0.05% of trade value Not available Not available Not available
Germany 0.1% of trade value; min €10, but using VIP pricing it can be as low as 0.05% of trade value with €6 minimum Not available Not available Not available

Non-trading fees

Tradestation has high non-trading fees.

Tradestation non-trading fees
Saxo Bank Tradestation FXTM SogoTrade
Account fee No No No No
Inactivity fee Yes Yes Yes Yes
Withdrawal fee $0 $35 $2 $50

Feel free to check out more about brokerage fees if your want to learn more.

#2 Tradestation
Account opening 4 stars

TradeStation account opening is fully digital and user-friendly. On the other hand, it takes more days until your account is approved.
Pros
  • Fully digital
  • User-friendly
Cons
  • Slow
Tradestation minimum deposit and time to open an account
Saxo Bank Tradestation FXTM SogoTrade
Minimum deposit $725 $500 $500 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days

You can start the account opening via both the broker website or the app.

More Visit broker

#2 Tradestation
Deposit and withdrawal 2 stars

TradeStation deposit and withdrawal can be improved. As a plus, the deposit is free. However, you can use only bank transfer and there is a high, $35 withdrawal fee.
Pros
  • No deposit fee
Cons
  • Credit/Debit card not available
  • Not user-friendly
  • High withdrawal fee (for non-US clients $35 /tansaction)
Tradestation withdrawal fee and options
Saxo Bank Tradestation FXTM SogoTrade
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No Yes No
Electronic wallets No No Yes No
Withdrawal fee $0 $35 $2 $50

More Visit broker

#2 Tradestation
Markets and products 2 stars

TradeStation gives you access to a wide variety of US products. However, its non-US offer is not competitive. The forex, CFDs and cryptos are missing.
Tradestation stock market coverage
Saxo Bank Tradestation FXTM SogoTrade
Stock markets (#) 36 11 2 3
ETFs (#) 3,100 2,200 - 2,300
Tradestation products and markets beyond stock and ETFs
Saxo Bank Tradestation FXTM SogoTrade
Forex Yes No Yes No
Fund No Yes No No
Bond Yes No No No
Options Yes Yes No Yes
Futures Yes Yes No No
CFD Yes No Yes No
Crypto Yes No Yes No

More Visit broker

#3 Best stock trading app 2019
FXTM

FXTM logo

FXTM or ForexTime was founded in 2011 and it is a global CFD and FX broker. It is regulated by more financial authorities, including the UK FCA and Cypriot CySEC.

FXTM is considered safe because it is regulated by the top-tier FCA.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% 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.

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90% of retail CFD accounts lose money

#3 FXTM
App functionality and features 4 stars

FXTM has a great mobile trading platform, offered by MetaTrader 4. It is well-designed and user-friendly. On the flip side, it lacks the two-step login.
Pros
  • User-friendly
  • Good search function
  • Modern design
Cons
  • No two-step (safer) login
  • No order confirmation

FXTM stock trading app is available on both iOS and Android.

FXTM stock trading app
Saxo Bank Tradestation FXTM SogoTrade
Two-step authentication No Yes No No
# of order types 5 5 3 5
Search function Great Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes No No
User-friendly Great Great Great Great
Best stock trading apps for non-US, non-EU citizens - FXTM stock trading app

More Visit broker
90% of retail CFD accounts lose money

#3 FXTM
Stock trading fees

FXTM stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at Brokerchooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular stocks:

  • Apple
  • Vodafone

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

FXTM stock trading benchmark fees
Saxo Bank Tradestation FXTM SogoTrade
Apple benchmark fee $20.0 $2.2 $17.0 $9.9
Vodafone benchmark fee $15.0 - - -

Want to check the pricing by yourself? Here you go:

FXTM stock trading commission
Saxo Bank Tradestation FXTM SogoTrade
USA $0.01/share; min $9.90, but using VIP pricing the minimum can be as low as $3 $0.01 per share; min $1 Commission is charged only for opening a position and it's volume-based $4.88 flat fee/trade, $2.88 above 150 trades/quarter
UK 0.1% of trade value; min £4.99, but using VIP pricing the commission can be as low as 0.05% of trade value Not available Not available Not available
Germany 0.1% of trade value; min €10, but using VIP pricing it can be as low as 0.05% of trade value with €6 minimum Not available Not available Not available

Non-trading fees

FXTM has high non-trading fees.

FXTM non-trading fees
Saxo Bank Tradestation FXTM SogoTrade
Account fee No No No No
Inactivity fee Yes Yes Yes Yes
Withdrawal fee $0 $35 $2 $50

Feel free to check out more about brokerage fees if your want to learn more.

#3 FXTM
Account opening 5 stars

FXTM account is fully digital, easy, and fast. Your account will be ready within 1-2 business days. There is also a lot of account types you can choose from.
Pros
  • Fully digital
  • Many account types
Cons
None
FXTM minimum deposit and time to open an account
Saxo Bank Tradestation FXTM SogoTrade
Minimum deposit $725 $500 $500 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days

You can start the account opening via both the broker website or the app.

More Visit broker
90% of retail CFD accounts lose money

#3 FXTM
Deposit and withdrawal 4 stars

FXTM offers a great variety of deposit and withdrawal options. From credit card through bank transfer, till electronic wallets almost everything as available. The main disadvantage is that FXTM charges most of the means of withdrawal.
Pros
  • No deposit fee
  • User-friendly
  • Credit card deposit and withdrawal
Cons
  • Most of the withdrawal options charge some fee
FXTM withdrawal fee and options
Saxo Bank Tradestation FXTM SogoTrade
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No Yes No
Electronic wallets No No Yes No
Withdrawal fee $0 $35 $2 $50

More Visit broker
90% of retail CFD accounts lose money

#3 FXTM
Markets and products 2 stars

FXTM offers forex and CFDs for EU clients. Non-EU clients can also trade with cryptos and real stocks from NYSE and NASDAQ. On the negative side, it lacks ETFs, mutual funds, bonds, options, and futures.
FXTM stock market coverage
Saxo Bank Tradestation FXTM SogoTrade
Stock markets (#) 36 11 2 3
ETFs (#) 3,100 2,200 - 2,300
FXTM products and markets beyond stock and ETFs
Saxo Bank Tradestation FXTM SogoTrade
Forex Yes No Yes No
Fund No Yes No No
Bond Yes No No No
Options Yes Yes No Yes
Futures Yes Yes No No
CFD Yes No Yes No
Crypto Yes No Yes No

More Visit broker
90% of retail CFD accounts lose money

#4 Best stock trading app 2019
SogoTrade

SogoTrade logo

SogoTrade is a US-based stock broker founded in 1986 and regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority.

While it is not listed on any stock exchanges and it doesn't have a bank background SogoTrade is considered safe because it has a long track record and it is regulated by top-tier regulators. Clients are eligible for the SIPC investor protection scheme which offers up to $500,000 (cash up to $250,000) per account.

Visit broker

#4 SogoTrade
App functionality and features 4 stars

The SogoApp is user-friendly packed with helpful user instructions. It offers a variety of order types and price alerts as well. On the negative side, it doesn't have order confirmation.
Pros
  • User-friendly
  • Good variety of order types
Cons
  • No order confirmation

SogoTrade stock trading app is available on both iOS and Android.

SogoTrade stock trading app
Saxo Bank Tradestation FXTM SogoTrade
Two-step authentication No Yes No No
# of order types 5 5 3 5
Search function Great Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes No No
User-friendly Great Great Great Great
Best stock trading apps for non-US, non-EU citizens - SogoTrade stock trading app

More Visit broker

#4 SogoTrade
Stock trading fees

SogoTrade stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at Brokerchooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular stocks:

  • Apple
  • Vodafone

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

SogoTrade stock trading benchmark fees
Saxo Bank Tradestation FXTM SogoTrade
Apple benchmark fee $20.0 $2.2 $17.0 $9.9
Vodafone benchmark fee $15.0 - - -

Want to check the pricing by yourself? Here you go:

SogoTrade stock trading commission
Saxo Bank Tradestation FXTM SogoTrade
USA $0.01/share; min $9.90, but using VIP pricing the minimum can be as low as $3 $0.01 per share; min $1 Commission is charged only for opening a position and it's volume-based $4.88 flat fee/trade, $2.88 above 150 trades/quarter
UK 0.1% of trade value; min £4.99, but using VIP pricing the commission can be as low as 0.05% of trade value Not available Not available Not available
Germany 0.1% of trade value; min €10, but using VIP pricing it can be as low as 0.05% of trade value with €6 minimum Not available Not available Not available

Non-trading fees

SogoTrade has high non-trading fees.

SogoTrade non-trading fees
Saxo Bank Tradestation FXTM SogoTrade
Account fee No No No No
Inactivity fee Yes Yes Yes Yes
Withdrawal fee $0 $35 $2 $50

Feel free to check out more about brokerage fees if your want to learn more.

#4 SogoTrade
Account opening 5 stars

Opening an account at SogoTrade is easy, fast and fully digital for both US and international citizens.
Pros
  • Fully digital
  • No minimum deposit
  • User-friendly
Cons
None
SogoTrade minimum deposit and time to open an account
Saxo Bank Tradestation FXTM SogoTrade
Minimum deposit $725 $500 $500 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days

You can start the account opening via both the broker website or the app.

More Visit broker

#4 SogoTrade
Deposit and withdrawal 2 stars

SogoTrade offers free funding. On the other hand, you can transfer money only by bank transfer and non-US clients are charged $50, while US clients are charged $25 for bank transfer withdrawal.
Pros
  • No deposit fee
Cons
  • Credit/Debit card not available
  • High withdrawal fee
  • Only one account base currency
SogoTrade withdrawal fee and options
Saxo Bank Tradestation FXTM SogoTrade
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No Yes No
Electronic wallets No No Yes No
Withdrawal fee $0 $35 $2 $50

More Visit broker

#4 SogoTrade
Markets and products 1 stars

At SogoTrade, you can trade only with US stocks, ETFs, and options.
SogoTrade stock market coverage
Saxo Bank Tradestation FXTM SogoTrade
Stock markets (#) 36 11 2 3
ETFs (#) 3,100 2,200 - 2,300
SogoTrade products and markets beyond stock and ETFs
Saxo Bank Tradestation FXTM SogoTrade
Forex Yes No Yes No
Fund No Yes No No
Bond Yes No No No
Options Yes Yes No Yes
Futures Yes Yes No No
CFD Yes No Yes No
Crypto Yes No Yes No

More Visit broker

Best stock trading apps for non-US, non-EU citizens
Bottom line

You saw the details, now let's zoom out. Here are the best stock trading apps of 2019 for non-US, non-EU citizens:

Best stock trading apps for non-US, non-EU citizens
Saxo Bank Tradestation FXTM SogoTrade
Stock fee class Low Low Low Low
Mobile platform score 5 stars 5 stars 4 stars 4 stars
Account opening score 3 stars 4 stars 5 stars 5 stars
Deposit and withdrawal score 5 stars 2 stars 4 stars 2 stars
Markets and products score 4 stars 2 stars 2 stars 1 stars

Saxo Bank is our winner, the best stock trading app for non-US, non-EU citizens. User-friendly. Good search function. Good variety of order types.
All are considered safe, and a great choice. Pick the winner, or any runner-up and take the next step in your investment journey. Let us know what you think in the comment section.
Still unsure which app and broker to choose? Use the broker finder and find the best app for you or learn more about investing your money.

AUTHOR

Gergely Korpos
Gergely Korpos
Co-founder, CPO
Gergely's aim is to bring more clarity into personal investing. He has 10 years of experience in financial markets with GE Money, KPMG and MOL. He concluded thousands of trades as a commodity trader and financial portfolio manager
Follow Brokerchooser on Twitter

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