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:
- Saxo Bank is the winner. User-friendly. Good search function. Good variety of order types.
- Tradestation in the second place. User-friendly. Good variety of order types. Price alerts.
- FXTM. rounded out the top three. User-friendly. Good search function. Modern design.
- SogoTrade, numero quatro. User-friendly. Good variety of order types.
| Name | Company info | App score | |
|---|---|---|---|
| #1 | Saxo Bank | Danish investment bank | |
| #2 | Tradestation | US stockbroker | |
| #3 | FXTM | Global CFD and FX broker | |
| #4 | SogoTrade | US-based stockbroker |
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 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.
#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.
- User-friendly
- Good search function
- Good variety of order types
- No two-step (safer) login
Saxo Bank stock trading app is available on both iOS and Android.
| 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 |
#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 | 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 | 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 | 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.
- Fast
- Fully digital
- Available for residents of almost every country
- Minimum deposit is higher than $500
- Sales team pushy
- Classic accounts available only in a single currency
| 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.
#1 Saxo Bank
Deposit and withdrawal
5 stars
Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
- Free withdrawal
- No deposit fee
- Several account base currencies
- Credit/Debit card withdrawal not available
| 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 |
#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 | Tradestation | FXTM | SogoTrade | |
|---|---|---|---|---|
| Stock markets (#) | 36 | 11 | 2 | 3 |
| ETFs (#) | 3,100 | 2,200 | - | 2,300 |
| 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 |
#2 Best stock trading app 2019
Tradestation
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.
#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.
- User-friendly
- Good variety of order types
- Price alerts
Tradestation stock trading app is available on both iOS and Android.
| 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 |
#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:
| 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 | 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.
| 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.
- Fully digital
- User-friendly
- Slow
| 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.
#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.
- No deposit fee
- Credit/Debit card not available
- Not user-friendly
- High withdrawal fee (for non-US clients $35 /tansaction)
| 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 |
#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.
| Saxo Bank | Tradestation | FXTM | SogoTrade | |
|---|---|---|---|---|
| Stock markets (#) | 36 | 11 | 2 | 3 |
| ETFs (#) | 3,100 | 2,200 | - | 2,300 |
| 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 |
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#3 Best stock trading app 2019
FXTM
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.
Visit broker
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.
- User-friendly
- Good search function
- Modern design
- No two-step (safer) login
- No order confirmation
FXTM stock trading app is available on both iOS and Android.
| 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 |
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:
| 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 | 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.
| 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.
- Fully digital
- Many account types
| 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.
- No deposit fee
- User-friendly
- Credit card deposit and withdrawal
- Most of the withdrawal options charge some fee
| 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.
| Saxo Bank | Tradestation | FXTM | SogoTrade | |
|---|---|---|---|---|
| Stock markets (#) | 36 | 11 | 2 | 3 |
| ETFs (#) | 3,100 | 2,200 | - | 2,300 |
| 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 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.
#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.
- User-friendly
- Good variety of order types
- No order confirmation
SogoTrade stock trading app is available on both iOS and Android.
| 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 |
#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:
| 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 | 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.
| 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.
- Fully digital
- No minimum deposit
- User-friendly
| 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.
#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.
- No deposit fee
- Credit/Debit card not available
- High withdrawal fee
- Only one account base currency
| 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 |
#4 SogoTrade
Markets and products
1 stars
At SogoTrade, you can trade only with US stocks, ETFs, and options.
| Saxo Bank | Tradestation | FXTM | SogoTrade | |
|---|---|---|---|---|
| Stock markets (#) | 36 | 11 | 2 | 3 |
| ETFs (#) | 3,100 | 2,200 | - | 2,300 |
| 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 |
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:
| Saxo Bank | Tradestation | FXTM | SogoTrade | |
|---|---|---|---|---|
| Stock fee class | Low | Low | Low | Low |
| Mobile platform score | ||||
| Account opening score | ||||
| Deposit and withdrawal score | ||||
| Markets and products score |
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.
