Background
We checked out AppTrader (AT), a registered CFD brokerage that brings its own unique approach to online trading. They create a simple but highly effective trading environment, focusing only on what is necessary for professional level investing. We were impressed by the quality of their trading platform and commitment to client security (which starts with the latest Comodo SSL protection). AppTrader specialises in forex, cryptos, stocks, commodities and indices and offers fixed spreads and instant order execution. Trader education is strong – among the best that we’ve seen – and includes a range of 12 trading eBooks. There are also some great trading tools with 6 trader signals (one for each asset type). Traders have 4 fully segregated account types and multiple language options. Customer service is on a par with the world’s leading brokers. If you are looking for a good all round broker that offers a no nonsense approach to trading, AppTrader could be for you!
Protection & Security
AppTrader is one of the best brokers that we’ve tried out this year. As a registered brokerage it guarantees every client a segregated account, full personal privacy and data protection. The broker’s Comodo SSL security protocols deliver banking level security, protecting both the platform and sensitive user information. The 24/6 customer service and account managers add to trader security and add to the positive user experience. We were very comfortable trading with AppTrader and would have no problem making large deposits and doing high volume trading. Their attitude to client security is completely professional and they have high liquidity and good financial resources.
Global Presence
AppTrader welcomes traders from around the world and is one of the few truly international brokers. The brokerage operates in over 12 languages, which is truly forward thinking and another sign of their professionalism. The multi-lingual approach is great for people who have been unable to trade on other platforms due to language difficulties.
Account Types
Traders have a choice of four account types, plus a demo account. It’s easy to open (and to upgrade) accounts and you can get started with just $250. Account types are designed to bring traders the optimal level of trading tools and benefits for their budget and experience level. There are some really useful facilities, including 1-on-1 Platform Lessons, Educational Video Tutorials and eBooks, as well as Autochartist Market Alerts, Reports, and Forecasts.
Minimum Deposit – $250
Deposits & Withdrawals
AppTrader keeps deposits and withdrawals simple and doesn’t impose any unfair terms and conditions. They accept all major payment methods, as well as regional payment providers. The AppTrader FAQs contains all the info that you need for account management in one convenient location.
Deposit
Depositing at AppTrader is fast, particularly with credit/debit cards. Other methods might take a couple of business days to process. Top tip: If you choose to deposit via bank wire, you should have all the required documentation ready; it can save a lot of time. This rule applies to all brokers.
Withdrawals
AppTrader is a user friendly brokerage and understands that traders expect fast access to their profits. We tested the withdrawal system on three occasions and were pleased by how smoothly everything went. AppTrader’s withdrawals system is quick and simple and there are no hidden fees or account charges. Some payment methods may take a few business days to process.
Trading Platforms
AppTrader’s mobile and desktop platforms are sophisticated but easy to use. We had a good time trying out the platform and were quickly opening x200 leveraged trades on dozens of top assets. All the pricing was in real time and AppTrader gave us fixed spreads on all assets. They have plenty of advanced features and a whole suite of well-designed tools, including live feeds, a social trading feature (which is a great tool for all traders) and one-click order execution, live charts and signals. We also enjoyed the indicators, which alerted us to some strong opportunities. The overall trading experience is highly rated.
Markets & Products
AppTrader offers competitive fixed spreads on thousands of the world’s most traded asset classes. Traders have real time pricing on a huge amount of forex and all of the most volatile cryptocurrency pairs, including less well-known cryptos. It’s a real advantage to find a broker that takes crypto trading this seriously. There are also plenty of stocks, indices and commodities. New assets are added to the platform whenever a new IPO is launched.
Edcuation Center
AppTrader provides one of the better education centers that we’ve seen. There is a range of 12 professional eBooks, introductional courses, advanced courses, as well as signals, video tutorials and a range of other educational resources. We took the time to watch a selection of the films and read the ebooks. AppTrader has clearly invested a lot of money in creating these resources and they are genuinely interesting and packed with useful information. It will be a relief for a lot of traders that all the training they need is in one convenient location and there is no need to go to other sites for trading information.
Customer Service
We contacted AppTrader’s customer service several times with questions about the platform and account management. Unlike some brokers who only offer an email service, AppTrader reps are available by phone and live chat and the service is genuinely 24/5. The reps are also proactive. On one of our withdrawals we didn’t send the correct documentation. A manager called us directly and dealt with the issue before it became a problem, saving us a lot of time and hassle.
Promotions & Offers
AppTrader has the standard welcome offers and promotions for new traders, as well as good offers for market moving events. Serious traders will like the account upgrades, and special deals on extra trading tools and one on one training. The individual tutorials can cover anything from basic lessons on the platform to advanced trading strategies. We really recommend building a good relationship with your account manager.
Trading Tools & Reaserch
AppTrader provides signals for each major asset class (cryptos, forex, stocks, indices, and commodities). These can identify useful trading opportunities. The social trading feature is ideal for both beginners and experienced traders. We got the hang of it in a couple of minutes and had a good time copying other traders. Social trading makes time management on the platform a lot easier. We also recommend their range of signals, price alerts, charts and indicators, but the Economic Calendar deserves a special mention. It gives a full view of the global markets and clearly describes important economic events.
Overall Summary
PLUS:
AppTrader is a top tier registered CFD brokerage. It takes care of trader education and provides innovative trading technology and great platform features. The brokerage is available in 12 languages and draws on assets from every major market. The customer service, account management and site security is excellent. We immediately felt that we were trading in a secure environment, with a customer service team and account managers who take client security very seriously. Their attitude to withdrawals is excellent (there is no pressure to reinvest profits) and the withdrawal system is fast.
MINUS:
Currently AppTrader doesn’t accept traders from the US and Canada, but this is not unusual for registered brokers. We think the brokerage could be improved by adding more webinars and the site design could be more stylish. On the other hand, AppTrader is focused on core trading issues and doesn’t care about cosmetic appearances.
Pros & Cons
Pros
Sophisticated trading platform
Comodo SSL security certification
Competitive fixed spreads
Multilingual site and support
Cons
Currently lacks ETFs and bonds
Not available to US and Canadian traders
No MT4/5
AppTrader
Protection & Security
★★★★★ 5/5
Global Presence
★★★★★ 5/5
Account Types
★★★★★ 4/5
Deposits & Withdrawals
★★★★★ 5/5
Trading Platforms
★★★★★ 5/5
Markets & Products
★★★★★ 4/5
Edcuation Center
★★★★★ 5/5
Customer Service
★★★★★ 5/5
Promotions & Offers
★★★★★ 4.5/5
Trading Tools & Reaserch
★★★★★ 4.5/5
Minimum Deposit - $250
Recent Comments
Stuart B.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
I’ve been trading on the stock markets for 9 years now, and I can truly say that if you are a beginner trader and have never traded before, then start with this broker! This is the most suitable brokerage I’ve traded with and they are better than some of the other trading sites I’ve used in the past. A good education center, effective trading alerts, and an account manager who actually knows what he’s explaining about, and is always ready to assist and help you.
Pros
Cons
Top education and training
The site design is kind of basic
Friendly and helpful customer service
-
Best account manager I ever had
-
Victoria M.
November 17, 2020 08:00
4.8
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
4.6
Education & Research
4.8
Customer Service
5.0
I was very afraid of losing money as I didn’t have a big budget to afford myself to lose. The support agent suggested that I start with the demo account until I understood the trading platform completely. He then said I should make a small test with a real account and then slowly start with Indices and a selection of low-risk stocks and Forex. That was 3 years ago and I’m now up to leveraged forex and bonds trades. I withdrew 4200 euro in profits last week and had the funds in 72 hours in my bank account.
Pros
Cons
Demo account
No bonds or ETFs
Strong education
Not enough webinars
Not enough bonuses
Fast withdrawals
Emma L.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
I’m not the best trader in the world but I am earning more than I lose and I’m getting better most of the time.
I get smart advice from my account manager, but it’s a social trading tool, copying other investors is really making it happen for me and have profits.
Pros
Cons
I love the social trading tool
They could make the site design more attractive
Apptrader lets me withdraw money easily
I would like to try MT4 but they don't have it
I can't think of another con
My account manager is always there for me
Hugo F.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
I have been a trader for 4 years now, and can’t get over the thought that I could have been much wealthier if I was starting to trade 4 years ago earlier.
Pro Webinars, trading reports, ebooks section with VOD tutorials, indicators, and easy trading platform – what else value can you ask for? Not to mention the quick support and the ease of withdrawing funds whenever you need them.
I am convinced I made the correct choice with this broker.
Pros
Cons
Totally professional brokerage
They could add more asset classes
Dedicated account manager - not some random rep
More fundamental analysis tools
Maybe some different platforms
Withdrawals processed the same day
Alfred A.
November 17, 2020 08:00
4.9
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
4.8
Markets & Products
5.0
Education & Research
4.8
Customer Service
5.0
I had gone through so many fraud brokers before, I’ve lost $3000 and I almost lost my hope in online trading. Luckily, I gave the last chance upon this broker, that seemed trusty to me and I took the risk.
Today I know I am in the correct place. Professional trading tools? they have it. I even received a special introductory promotion when I opened my trading account. And the trading itself? Smooth, quick, effective, and easy to understand. Recently I bought my son a new laptop for his studies from the profits. who could imagine it?
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