Best stock trading apps for non-US, non-EU citizens for 2020

Tradestation
4.7
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Saxo Bank
4.8
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Interactive Brokers
4.9
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Best stock trading apps for non-US, non-EU citizens for 2020

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 67 quality online brokers, then we checked their stock trading apps, stock trading fees, tradable markets 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 2020 for non-US, non-EU citizens:

  1. Tradestation is the winner. User-friendly. Two-step (safer) login. Good variety of order types.
  2. Saxo Bank in the second place. User-friendly. Two-step (safer) login. Good search function.
  3. Interactive Brokers. rounded out the top three. Two-step (safer) login. Good search function. Good variety of order types.
  4. TradeStation Global, numero quatro. Two-step (safer) login. Good search function. Good variety of order types.
Best stock trading apps for non-US, non-EU citizens
Name Company info Stock trading app score
#1 Tradestation US stockbroker 4.8 stars
#2 Saxo Bank Danish investment bank 5.0 stars
#3 Interactive Brokers US discount broker 3.5 stars
#4 TradeStation Global UK-based global broker 3.5 stars

The stock trading apps are always operated by a financial company, usually by a brokerage company.

What makes a good stock trading app? First, it has to be user-friendly and provide great functions. 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 a 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, Tradestation.

Tradestation Logo

#1 Best stock trading app 2019
Tradestation

4.7

Tradestation is a US stockbroker founded in 1982. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients are eligible for up to $500,000 (cash up to $250,000) investor protection per account.

Tradestation is considered safe because it has a long track record, discloses its financials, and its parent company, the Monex Group is listed on the Tokyo stock exchange.

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#1 Tradestation
App functionality and features
4.8

Tradestation's 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. On the other hand, the search functions could be better.
Pros Cons
User-friendly Limited search functions
Two-step (safer) login
Good variety of order types

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

Tradestation stock trading app
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Two-step authentication Yes Yes Yes Yes
# of order types 5 5 5 5
Search function Mid-range Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes
User-friendly Great Great Mid-range Mid-range
Best stock trading apps for non-US, non-EU citizens - Tradestation stock trading app

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#1 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 markets, the US and the UK.

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 app fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $1.0 $10.0 $1.0 $1.5
UK stock - $9.6 $7.2 $2.4

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

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

Tradestation stock trading app pricing
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $0.01 per share; min $1 $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. $0.007 per share, min $1.5
UK stock Not available 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min £6 + 0.05% of trade value for trade value more than £50,000; fixed £6 for trade value less than £50,000 0.12%, min £1.5

Non-trading fees

Tradestation has high non-trading fees.

Tradestation non-trading fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Account fee No No No No
Inactivity fee Yes Yes Yes No
Withdrawal fee $35 $0 $0 $0

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

#1 Tradestation
Account opening
5.0

Tradestation account opening is fully digital, user-friendly, and fast. On the other hand, the minimum deposit is $500 and multiple base currencies are only available for futures accounts.
Pros Cons
Fast $500 minimum deposit
Fully digital Multiple base currencies only for futures accounts
User-friendly
Tradestation minimum deposit and time to open an account
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Minimum deposit $500 $10,000 $0 $1,000
Time to open account 1 day 1-3 days 1-3 days 1 day

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

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#1 Tradestation
Deposit and withdrawal
1.8

Tradestation's deposit and withdrawal could be better. For example, you can only use bank transfer and there is a high withdrawal fee. On the upside, the deposit is free and withdrawal through wire transfer is fast.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies High withdrawal fee
Quick deposit and withdrawal - within 3 days
Tradestation withdrawal fee and options
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No No No
Electronic wallets No No No No
Withdrawal fee $35 $0 $0 $0

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#1 Tradestation
Markets and products
2.7

Tradestation gives you access to a wide variety of US products, but its non-US market coverage is not competitive. Also, forex and CFDs are missing.
Tradestation stock market coverage
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Stock markets (#) 5 28 78 78
ETFs (#) 2,300 3,100 13,000 13,000
Tradestation products and markets beyond stock and ETFs
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Forex No Yes Yes Yes
Fund Yes Yes Yes Yes
Bond Yes Yes Yes Yes
Options Yes Yes Yes Yes
Futures Yes Yes Yes Yes
CFD No Yes Yes Yes
Crypto Yes Yes Yes Yes

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Saxo Bank Logo

#2 Best stock trading app 2019
Saxo Bank

4.8

Saxo Bank is a Danish investment bank founded in 1992, providing online trading and investments. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK Financial Conduct Authority (FCA). 

Saxo Bank is a global service provider. In the different regions, its subsidiaries are present in the form of separate legal entities. The services offered by each entity might change slightly especially in case of their fees and products available to trade. In this review, we tested Saxo Bank UK.

Saxo Bank is considered safe because it has a long track record, has a banking background, and is regulated by top-tier financial authorities.

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#2 Saxo Bank
App functionality and features
5.0

Saxo Bank's user-friendly mobile platform has the same look and almost the same functionality as the web platform.
Pros Cons
User-friendly None
Two-step (safer) login
Good search function

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

Saxo Bank stock trading app
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Two-step authentication Yes Yes Yes Yes
# of order types 5 5 5 5
Search function Mid-range Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes
User-friendly Great Great Mid-range Mid-range
Best stock trading apps for non-US, non-EU citizens - Saxo Bank stock trading app

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#2 Saxo Bank
Stock trading fees

Saxo Bank stock trading fees are average.

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 markets, the US and the UK.

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 app fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $1.0 $10.0 $1.0 $1.5
UK stock - $9.6 $7.2 $2.4

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

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

Saxo Bank stock trading app pricing
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $0.01 per share; min $1 $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. $0.007 per share, min $1.5
UK stock Not available 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min £6 + 0.05% of trade value for trade value more than £50,000; fixed £6 for trade value less than £50,000 0.12%, min £1.5

Non-trading fees

Saxo Bank has average non-trading fees.

Saxo Bank non-trading fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Account fee No No No No
Inactivity fee Yes Yes Yes No
Withdrawal fee $35 $0 $0 $0

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

#2 Saxo Bank
Account opening
2.6

Saxo's account opening is fully digital, user-friendly, and available in most of the world. On the other hand, the minimum deposit is high in certain countries, and account verification can take longer.
Pros Cons
Fully digital Minimum deposit is high in certain countries
User-friendly Relatively slow account verification
Available in almost every country
Saxo Bank minimum deposit and time to open an account
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Minimum deposit $500 $10,000 $0 $1,000
Time to open account 1 day 1-3 days 1-3 days 1 day

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

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#2 Saxo Bank
Deposit and withdrawal
4.8

Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
Pros Cons
Credit/Debit card available Electronic wallets are not available for deposit or withdrawal
Free withdrawal
No deposit fee
Saxo Bank withdrawal fee and options
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No No No
Electronic wallets No No No No
Withdrawal fee $35 $0 $0 $0

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#2 Saxo Bank
Markets and products
5.0

Saxo Bank's product portfolio is great. It covers all asset classes and a lot of markets globally. Mutual funds and crypto are the only areas where its selection could be improved.
Saxo Bank stock market coverage
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Stock markets (#) 5 28 78 78
ETFs (#) 2,300 3,100 13,000 13,000
Saxo Bank products and markets beyond stock and ETFs
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Forex No Yes Yes Yes
Fund Yes Yes Yes Yes
Bond Yes Yes Yes Yes
Options Yes Yes Yes Yes
Futures Yes Yes Yes Yes
CFD No Yes Yes Yes
Crypto Yes Yes Yes Yes

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Interactive Brokers Logo

#3 Best stock trading app 2019
Interactive Brokers

4.9

Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

As it has licenses from multiple top-tier regulators, the broker is considered safe. Also, having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.

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#3 Interactive Brokers
App functionality and features
3.5

The Interactive Brokers mobile trading platform has a lot of functions and a useful chatbot, but its user interface could be better.
Pros Cons
Two-step (safer) login User interface is a bit complex
Good search function
Good variety of order types

Interactive Brokers stock trading app is available on both iOS and Android.

Interactive Brokers stock trading app
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Two-step authentication Yes Yes Yes Yes
# of order types 5 5 5 5
Search function Mid-range Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes
User-friendly Great Great Mid-range Mid-range
Best stock trading apps for non-US, non-EU citizens - Interactive Brokers stock trading app

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#3 Interactive Brokers
Stock trading fees

Interactive Brokers 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 markets, the US and the UK.

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:

Interactive Brokers stock trading app fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $1.0 $10.0 $1.0 $1.5
UK stock - $9.6 $7.2 $2.4

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

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

Interactive Brokers stock trading app pricing
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $0.01 per share; min $1 $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. $0.007 per share, min $1.5
UK stock Not available 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min £6 + 0.05% of trade value for trade value more than £50,000; fixed £6 for trade value less than £50,000 0.12%, min £1.5

Non-trading fees

Interactive Brokers has average non-trading fees.

Interactive Brokers non-trading fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Account fee No No No No
Inactivity fee Yes Yes Yes No
Withdrawal fee $35 $0 $0 $0

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

#3 Interactive Brokers
Account opening
3.4

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the online registration is complicated and account verification takes around 2 business days.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most accounts types Confusing messages throughout the process
Interactive Brokers minimum deposit and time to open an account
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Minimum deposit $500 $10,000 $0 $1,000
Time to open account 1 day 1-3 days 1-3 days 1 day

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

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#3 Interactive Brokers
Deposit and withdrawal
2.5

Interactive Brokers offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
First withdrawal each month free
Interactive Brokers withdrawal fee and options
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No No No
Electronic wallets No No No No
Withdrawal fee $35 $0 $0 $0

Visit broker More

#3 Interactive Brokers
Markets and products
5.0

Through Interactive Brokers you can access an extremely wide range of markets, with every product type available.
Interactive Brokers stock market coverage
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Stock markets (#) 5 28 78 78
ETFs (#) 2,300 3,100 13,000 13,000
Interactive Brokers products and markets beyond stock and ETFs
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Forex No Yes Yes Yes
Fund Yes Yes Yes Yes
Bond Yes Yes Yes Yes
Options Yes Yes Yes Yes
Futures Yes Yes Yes Yes
CFD No Yes Yes Yes
Crypto Yes Yes Yes Yes

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TradeStation Global Logo

#4 Best stock trading app 2019
TradeStation Global

4.6

TradeStation Global is the brand of TradeStation International, which is based in the UK and regulated by the top-tier FCA. TradeStation International is the subsidiary of TradeStation, and an introducing broker of Interactive Brokers (IB).  

Therefore, TradeStation Global is a combined product of TradeStation and IB. You can reach IB's markets almost at IB's fees. You can trade on both IB's and TradeStation's desktop platform. The customer service is by TradeStation. 

Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed on the Tokyo Stock Exchange.

 

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#4 TradeStation Global
App functionality and features
3.5

You can use Interactive Brokers' IBKR Mobile as a mobile trading platform. It has a lot of functions and a useful chatbot, but its user interface could be better.
Pros Cons
Two-step (safer) login User interface is a bit complex
Good search function
Good variety of order types

TradeStation Global stock trading app is available on both iOS and Android.

TradeStation Global stock trading app
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Two-step authentication Yes Yes Yes Yes
# of order types 5 5 5 5
Search function Mid-range Great Great Great
Price alerts Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes
User-friendly Great Great Mid-range Mid-range
Best stock trading apps for non-US, non-EU citizens - TradeStation Global stock trading app

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#4 TradeStation Global
Stock trading fees

TradeStation Global 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 markets, the US and the UK.

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 Global stock trading app fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $1.0 $10.0 $1.0 $1.5
UK stock - $9.6 $7.2 $2.4

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

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

TradeStation Global stock trading app pricing
Tradestation Saxo Bank Interactive Brokers TradeStation Global
US stock $0.01 per share; min $1 $0.02/share; min $10, but using VIP pricing the minimum can be as low as $3 $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. $0.007 per share, min $1.5
UK stock Not available 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min £6 + 0.05% of trade value for trade value more than £50,000; fixed £6 for trade value less than £50,000 0.12%, min £1.5

Non-trading fees

TradeStation Global has low non-trading fees.

TradeStation Global non-trading fees
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Account fee No No No No
Inactivity fee Yes Yes Yes No
Withdrawal fee $35 $0 $0 $0

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

#4 TradeStation Global
Account opening
2.8

TradeStation Global's account opening is fully digital and fast. On the negative side, the process is complicated and there is a high, $1,000 minimum required deposit.
Pros Cons
Fast Minimum deposit is higher than $500
Fully digital Not user-friendly
TradeStation Global minimum deposit and time to open an account
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Minimum deposit $500 $10,000 $0 $1,000
Time to open account 1 day 1-3 days 1-3 days 1 day

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

Visit broker More

#4 TradeStation Global
Deposit and withdrawal
2.5

TradeStation Global offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
No charge for the first withdrawal every month.
TradeStation Global withdrawal fee and options
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No No No
Electronic wallets No No No No
Withdrawal fee $35 $0 $0 $0

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#4 TradeStation Global
Markets and products
5.0

With TradeStation Global, you can access the same range of product types and exchanges as at Interactive Brokers. This selection is one of the widest among online brokers.
TradeStation Global stock market coverage
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Stock markets (#) 5 28 78 78
ETFs (#) 2,300 3,100 13,000 13,000
TradeStation Global products and markets beyond stock and ETFs
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Forex No Yes Yes Yes
Fund Yes Yes Yes Yes
Bond Yes Yes Yes Yes
Options Yes Yes Yes Yes
Futures Yes Yes Yes Yes
CFD No Yes Yes Yes
Crypto Yes Yes Yes Yes

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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 2020 for non-US, non-EU citizens:

Best stock trading apps for non-US, non-EU citizens
Tradestation Saxo Bank Interactive Brokers TradeStation Global
Stock fee class Low Average Low Low
Mobile platform score 4.8 stars 5.0 stars 3.5 stars 3.5 stars
Account opening score 5.0 stars 2.6 stars 3.4 stars 2.8 stars
Deposit and withdrawal score 1.8 stars 4.8 stars 2.5 stars 2.5 stars
Markets and products score 2.7 stars 5.0 stars 5.0 stars 5.0 stars

Tradestation is our winner, the best stock trading app for non-US, non-EU citizens. User-friendly. Two-step (safer) login. Good variety of order types.
All stock trading apps are considered 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.

Gergely Korpos

Gergely Korpos

Co-founder, CPO

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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