For Australian traders we pick the Pepperstone app, which lets you trade over 1,350 CFDs from full-screen charts, set stops by price or lot size and see margin and conversion rates before you execute, with MT5, cTrader and TradingView mobile as alternatives on the same account. Capital.com's app is the pick for beginners who want an AI assistant and trade reviews.
Short answer: Pepperstone's app for range and platform choice; Capital.com's app for built-in help and guaranteed stops.
The Pepperstone app works with both Standard and Razor accounts and carries perpetual CFDs.
One-tap trading in the Pepperstone app opens positions without a confirmation step, so switch it off if you're new.
Capital.com's app has an AI assistant, price alerts and a review of each closed trade.
MT5 mobile is available from Pepperstone, Capital.com and IC Markets.
Both firms' apps are covered by their ASIC licences and negative balance protection.
Safety settings worth turning on
Pepperstone supports two-factor authentication with an authenticator app, and withdrawals must be approved within an hour by email or a 2FA code. Turn 2FA on before you deposit.
Pepperstone's app also offers one-tap trading, which executes instantly without a confirmation screen. That is useful for experienced traders and risky on a phone in your pocket; leave it off until you need it.
Best CFD trading app
Trade 1,350-plus CFDs from charts, set stop-loss and take-profit by price, lots or duration, and see margin before you execute.
Pepperstone's Australian site does not publish a retail-loss percentage. Its AU risk warning: "Trading CFDs and margin FX is risky. It isn't suitable for everyone."
Best app for beginners
Capital.com's app has an AI assistant, alerts, stop-loss and take-profit from the chart and a breakdown of each trade after it closes.
Capital.com's Australian site does not publish a retail-loss percentage. Its AU risk line: "Most traders lose money."
Pepperstone, Capital.com and XS are our partners. We may earn a commission if you open an account through our links. That does not change the facts on this page.
Your questions, answered
best trading app
For CFDs in Australia, the Pepperstone app: it trades every market on your account, including perpetual CFDs at weekends, shows margin, balance and conversion rates before you confirm, and has real-time alerts and watchlists. If you already use MT5 or TradingView on a computer, their mobile apps connect to the same Pepperstone account instead.
What features should I look for in a CFD trading app?
Look for five things: stop-loss and take-profit you can set before the trade opens, a clear margin and equity display, price alerts, two-factor login and withdrawal approval, and the full product range rather than a cut-down list. The Pepperstone app ticks all five; also check whether a tap executes instantly or asks you to confirm.
which trading app is the best
The best app depends on what you trade. For CFDs with raw pricing, the Pepperstone app or MT5 mobile on a Razor account. For CFDs with guaranteed stops and no commission, Capital.com. For owning ASX and US shares rather than CFDs, a share-trading app such as IG's or CMC Markets', both of which advertise $0 brokerage on some markets.
Are broker trading apps as good as desktop platforms now?
For watching positions, adjusting stops and placing simple trades, yes. For running Expert Advisors or cBots, no: automation needs MT4, MT5 or cTrader on a computer or VPS that stays on. Phone screens also make it easier to misread a price or tap the wrong button, so check every order ticket.
Best trading app in Australia 2026
For Australians the local details matter as much as features: an AUD account, PayID and BPAY deposits, an Australian phone line and a licence you can check on ASIC's register. Pepperstone's app covers all four, with support on 1300 033 375, and Capital.com's on +61 3 8658 0539. Check those before comparing chart tools.
What is the best forex trading app in Australia?
For forex on a phone we'd use the Pepperstone app or MT5 mobile with a Razor account, for raw spreads from 0.0 pips plus AUD 3.50 per side. The app shows conversion rates before you trade, useful when your account is in AUD and the pair is EUR/USD. Forex closes at the weekend, so alerts set for Monday's open are worth having.
Which CFD trading app has the lowest spreads?
Spreads depend on the account, not the app. Pepperstone's app on a Razor account shows raw spreads from 0.0 pips, with commission charged separately; the same app on Standard shows wider spreads with no commission. Capital.com's app is spread-only. Compare the total cost of a trade, not the number on screen.
What is the best trading app for beginners in Australia?
Capital.com's app is the gentlest start: an AI assistant answers questions about markets and features, every closed trade gets a review of entry, exit and position size, and you can add a guaranteed stop. Pepperstone's app on a Standard account is simple too. Either way, start on demo, because Pepperstone's TMD says CFDs don't suit people with no trading experience.
Which trading app is best for trading gold?
The Pepperstone app, because it carries spot gold, gold forwards and GOLD-PERP, which trades over the weekend when spot gold is closed. Spot gold starts at 0.08 on Razor. If you trade gold on a phone around big US data, consider Capital.com's guaranteed stop, since gold can gap through an ordinary stop.
Which trading apps include TradingView charts?
TradingView's own app lets you trade through a connected broker; Pepperstone (Razor accounts) and Capital.com both connect. Pepperstone's own app uses its own charts, with multiple timeframes and trading from full-screen charts. IC Markets and Fusion Markets also connect to TradingView.
Can I trade on MT5 from my phone with an Australian broker?
Yes. Pepperstone, Capital.com and IC Markets all support MT5 on iOS and Android. At Pepperstone, MT5 mobile works with both Standard and Razor accounts and carries perpetual CFDs. You can't run Expert Advisors on the phone app, though; they need desktop MT5 or a VPS.
Which trading apps offer a free demo account?
Pepperstone and Capital.com both offer free demos you can use on their apps. Pepperstone's demo has an unlimited virtual balance, and you can open one on any of its five platforms from the client area. Capital.com's demo has no expiry. Practise placing stops and closing trades on the phone before going live.
Published 2026-10-21. Informational only, not investment advice. CFDs are leveraged products and most retail accounts lose money.