Android gadgets and apps are our bread and butter, and in this article, we’re taking a closer look at online trading using Android devices. More specifically, we’re taking a closer look at the five best cryptocurrency brokers for Android users.
To ensure that our list was as accurate as possible, we started by doing many hours of research on our own. We then contacted the experts running Trading Guide and asked for their take on the best UK cryptocurrency brokers.
The results of our research are outlined in the following article. Also, the list is not in any particular order so you could pick whichever one you think would suit you the best if you want to trade crypto.
eToro is a legendary online broker with tens of millions of customers all across the globe. For many years, this broker has also been spearheading the cryptocurrency industry, offering trading and investment opportunities on a varied selection of cryptocurrencies.
The main characteristic of this broker is all the social trading tools, such as the industry-leading copy trading platform. What’s more, eToro constantly ranks as one of the best trading apps for Android devices.
Google Play Rating: 4,3/5 stars based on 124,675 votes
AvaTrade is the only world-class online broker based in Ireland with a broker license from the Central Bank of Ireland. Similar to eToro, Avatrade also offers automated and copy trading in many different versions.
This broker’s trading app is called AvaTrade GO and it has been rated the number 1 trading app in the world by Global Forex Awards and several other operators in the industry. There are currently 18 cryptocurrencies offered through the app as well as all the tools you need to analyze the market and open profitable positions.
Google Play Rating: 4,3/5 stars based on 9,736 votes
CMC Markets is one of the biggest online brokers based on the number of assets offered, which of course includes cryptocurrencies. The company has a history that spans back to the 1980s and is listed on the London Stock Exchange (LSE) and is a part of the FTSE 250 Index.
Trading with CMC Markets is always a pleasure, regardless of whether you are trading on a desktop or your mobile Android device. And the selection of cryptocurrencies is constantly expanding, resulting in new opportunities being added regularly.
Google Play Rating: 3.5/5 stars based on 2,409 votes
Believe it or not, IG Markets has even more assets on offer than CMC Markets. But that is not the only similarity between the two, because IG Group is also listed on the LSE and is a part of the FTSE 250 Index.
When using IG, you can choose to trade your cryptocurrencies as Contract for Differences (CFD) or use spread betting. The benefit of spread betting for UK traders is that it is tax-free. IG’s trading apps are constantly ranked as some of the best in the world, especially the Android version.
Google Play Rating: 4.1/5 stars based on 16, 352 votes.
Naturally, we also had to list Revolut as one of the top five best cryptocurrency brokers for Android. The reason for this is that the app is operated on a whole other level.
Revolut is not technically an online broker, but more of an exchange. This means that you can buy and sell actual cryptocurrencies instead of speculating on market movements. Keep in mind that this also means that Revolut is not licensed or regulated in the same, strict matter as the other brokers on this list.
Google Play Rating: 4.5/5 stars based on 2,017,667 votes.