For CFDs on a phone in Hong Kong, we pick the Pepperstone app: it has real-time price alerts, flexible charts and stop-loss and take-profit set by price, lots or order duration, and you can fund an HKD account from it. None of our three picks lists FPS as a deposit method.
Short answer: Pepperstone's app is our pick for its risk controls and HKD accounts; Capital.com's app is a strong second for simplicity.
Pepperstone app: price alerts and push notifications, multiple timeframes, AI-sorted market categories and stops set by price, lots or duration.
Pepperstone also runs MT4, MT5, cTrader and TradingView apps, so you can trade the same account on another app.
Capital.com's own site shows ratings of 4.7 on the App Store and 4.6 on Google Play.
FPS is not among the deposit methods listed by Pepperstone, Capital.com or XS.
Capital.com accepts Google Pay in HKD; Pepperstone accepts cards, Apple Pay, Google Pay, PayPal, e-wallets, crypto and bank transfer.
Funding an app account from Hong Kong
Many Hong Kong traders expect to top up with FPS, the Faster Payment System. None of our three picks lists it. Pepperstone's deposit page lists cards, Apple Pay, Google Pay, PayPal, Neteller, Skrill, crypto from $18 and domestic bank transfer, all without a Pepperstone fee. Capital.com's help centre lists bank transfer, cards, Apple Pay, Google Pay, Neteller and Skrill for Hong Kong, with Google Pay accepting HKD.
Two rules apply everywhere: pay from an account in your own name, because Pepperstone does not accept third-party payments, and fund in the same currency as your trading account where you can, so a bank or card does not convert your money twice.
Our app pick
Its own app with alerts and detailed risk controls, plus MT4, MT5, cTrader and TradingView mobile apps on the same Pepperstone account; offshore, no SFC licence.
XS publishes no loss percentage; its risk warning says it is possible to lose all your capital.
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
What's the best forex trading app?
For forex on a phone, we would use Pepperstone on the cTrader or MT5 app with a Razor account, because both show raw prices and fixed commissions clearly. If you prefer one simple screen, Pepperstone's own app shows your margin, stop and take-profit before you confirm. The forex app matters less than the account behind it: check that the app you choose supports the account type and base currency, HKD for example, that you opened.
Which broker has the best mobile app for trading CFDs?
We rate Pepperstone's app best for risk control: you can set stop-loss and take-profit by price, by lots or by order duration, and get real-time price alerts and push notifications. Capital.com's app is the easier one to learn and is rated 4.7 on the App Store on its own site. Before choosing, test both in demo on your own phone, because chart readability on a small screen varies more than any feature list suggests.
Which CFD trading app is best for day trading?
Day traders need speed and clear costs, so we would use the cTrader app at Pepperstone. Commission is a fixed $6 round trip per forex lot, index CFDs carry no commission, and the app shows depth of market. On a phone, keep your trade count low and stops pre-set; tapping in and out on a small screen leads to mistakes. Set alerts for the Hong Kong open at 09:15 and the US open, then decide at your desk.
Which trading app is best for trading gold?
For gold on a phone, Pepperstone's app or MT5 app works well, and spot gold trades from 01:01 to 23:59 server time, so most of your waking day is covered. On the Standard account gold has no commission; on Razor you pay from $3.50 per lot per side for spreads from 0.08. Set a price alert near key levels instead of watching the screen; gold can move $20 an ounce in minutes after US data, and that is $20 even on a one-ounce 0.01-lot position.
Which trading app is best for trading the Hang Seng index?
For HK50 on the move, use Pepperstone's app or its MT5 app. HK50 is quoted at a 5-point spread with no commission, and Hang Seng Tech is available on MT5 and cTrader. The index trades in three blocks, morning, afternoon and an evening session to 03:00 Hong Kong time in summer, so set alerts for the breaks. If you need weekend Hang Seng prices, only IG's Hong Kong-facing service offers them among the firms we checked.
Which trading app has the lowest spreads?
Spreads belong to the account, not the app. On Pepperstone, a Razor account shows raw forex spreads from 0.0 in any of its apps, while a Standard account adds a 1-pip mark-up instead of commission. That means the same app can show different prices depending on your account. Compare total cost per trade, spread plus commission, rather than the spread on the screen; TradingView is the one Pepperstone platform reserved for Razor accounts.
Which CFD trading app is best for beginners?
For beginners we lean to Capital.com's app or Pepperstone's own app on a Standard account. Both put stops and position size on the order ticket, and neither charges commission on most markets, so costs are easy to follow. Capital.com adds guaranteed stop-loss orders, for a fee that is charged only if the stop is triggered, which Pepperstone does not offer. Start on the demo and keep leverage low.
Which trading app lets me deposit with FPS?
Among Pepperstone, Capital.com and XS, none lists FPS among its deposit methods, so we cannot recommend an app for that. Pepperstone's app takes cards, Apple Pay, Google Pay, PayPal, Neteller, Skrill, crypto and bank transfer. Capital.com accepts Google Pay in HKD for Hong Kong clients. If FPS is essential, check the funding page of any broker you consider, and confirm the receiving account is in the broker's own name before you pay.
Is the Pepperstone app good for trading gold and indices?
Yes, with one limit. The app covers spot gold, silver, HK50, NAS100, US30 and the other index CFDs, with price alerts and stops by price, lots or duration. Hang Seng Tech, however, is named only for MT5 and cTrader, so use those apps for HSTECH. On costs, indices carry no commission on either account, and gold carries commission only on Razor. The app does not offer guaranteed stops.
Pepperstone app vs IG app: which is better?
It depends on what you trade. IG's Hong Kong-facing site advertises more than 17,000 markets and weekend trading on the Hong Kong HS50, which Pepperstone does not offer. Pepperstone's edge is pricing choice: Razor raw spreads with fixed commission, and the option of moving to cTrader, MT4, MT5 or TradingView on the same account. Both firms serve Hong Kong through offshore entities, Bermuda for IG's CFD accounts and The Bahamas for Pepperstone's English site.
Published 2026-10-21. Informational only, not investment advice. CFDs are leveraged products and most retail accounts lose money.
Our app pick
Simple, well rated
XS app plus MetaTrader