In 2018, AppTrader, an online financial services provider, was launched in Kingstown, Saint Vincent and the Grenadines. The online retail broker allows traders to buy and sell various financial instruments across different asset classes, including forex, cryptocurrency, CFDs, shares, options, commodities, and more. They provide traders with a proprietary trading platform that is available in desktop, web, and mobile versions. The broker’s traders are provided with useful trading tools, educational resources, and a responsive client support team. Their clients enjoy various competitive trading conditions, such as multiple account types, leverage of up to 1:500, zero commissions, demo account, and more. The minimum deposit required to start trading is $250.
AppTrader Review Introduction
In this AppTrader review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including AppTrader.
AppTrader Platforms & Tools
The broker’s clients are allowed to trade the available financial assets using an intuitive trading platform that is developed in-house by the broker’s team of fintech experts. Thanks to its avalanche of valuable features and clean interface, the trading platform is designed to ensure the ease of trading various financial markets. The platform is available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers, and a mobile app that is compatible with Android and iOS devices. The mobile app can be downloaded from the relevant app stores and used to place trades and check trading positions while on the move, provided there is an internet connection.
In addition, to improve clients’ trading experience, the broker provides them with some standalone trading tools, such as AutoChartist, Market Alerts, Forecasts, Dedicated Account Managers, and an Economic Calendar that shows the schedule of future market events along with their expected impacts on the financial markets.
AppTrader Research & Education
There are a plethora of learning resources on the broker’s website. These educational resources are designed to help traders make informed trading decisions, and they include video tutorials, eBooks, learning articles, trading guides, market analysis, an FAQ section, and news that keeps traders aware of the latest events that take place in the financial markets.
AppTrader Trading Accounts
The broker’s clients can choose the account type that best suits their trading needs from a choice of four live trading account options. The account types and their corresponding minimum deposit requirements are as follows: Standard ($100), Premium ($1,000), Platinum ($5,000), and VIP ($20,0000 Accounts. There is a demo account option to help amateur traders to acquaint themselves with the broker’s platform before opening a real account.
AppTrader Account Funding
Bank transfers and various credit/debit cards — MasterCard, Visa, and more — are accepted at AppTrader for account deposits and withdrawals.
AppTrader Customer Service
The broker’s customer support team are available 24/5 via telephone and Live Chat to respond to all clients’ trading inquiries.
AppTrader is not regulated by any known financial authority at the moment. The lack of regulation can discourage some prospective clients from opening a trading account with the broker.
AppTrader Review Summary
Based in Kingstown, Saint Vincent and the Grenadines, AppTrader is a multi-asset brokerage firm that provides traders with a proprietary platform for trading various financial assets. They provide traders with learning resources, helpful trading tools, and the services of a 24/5 client support team. Other essential features of the broker include multiple account types, leverage of up to 1:500, zero commissions, demo account, and more. The minimum deposit required to start trading is $250. There is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this AppTrader review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the AppTrader broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.