Bangladesh experiences a remarkable transformation into an advanced, self-sufficient society with a massive population of young, educated citizens .
This has led to a gradual increase in disposable income and a surge in stock trading demand. I have analyzed the best stock trading apps in Bangladesh. In doing so, I have discovered what Bengali stock traders should look for and how beginners can start trading stocks in Bangladesh. Find out what you need to unlock passive and active income streams from the stock market by reading the findings of my in-depth analysis, including the difference between stocks and stock CFDs.
Top Online Stock Trading Apps in Bangladesh at a Glance
- Exness, Tight spreads + leverage up to 1:2000.
- FXTM, Best all-around broker with high floating leverage and fast execution.
- FP Markets, ECN trading with leverage up to 1:500.
- AvaTrade, Highly regulated, choice of fixed or floating spreads.
- BlackBull Markets, Best ECN trading environment, with scalping and hedging.
Best Online Stock Trading Apps in Bangladesh Comparison
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Regulators | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA | CMA, FCA, FSC Mauritius, FSCA | ASIC, CMA, CySEC, FSCA | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | FMA, FSA |
Year Established | 2008 | 2011 | 2005 | 2006 | 2014 |
Execution Type(s) | Market Maker | ECN/STP, Market Maker | ECN/STP | Market Maker | ECN/STP, No Dealing Desk |
Minimum Deposit | |||||
Average Trading Cost EUR/USD | 0.6 pips | 0.1 pips | 1.2 pips | 0.9 pips | 1.3 pips |
Average Trading Cost GBP/USD | 0.7 pips | 0.2 pips | 1.4 pips | 1.5 pips | 2.0 pips |
Average Trading Cost Gold | 11.3 pips | $0.18 | $0.16 | $0.29 | $0.90 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based | Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+ | MetaTrader 4, MetaTrader 5, cTrader, Trading View |
Islamic Account | |||||
Negative Balance Protection | N/A | ||||
| Visit Website | Visit Website | Visit Website | Visit Website | Visit Website |
Exness
In Summary Tight spreads + leverage up to 1:2000Traders get equity CFDs with ultra-low spreads in a commission-free pricing environment. Leverage is the industry standard 1:20, and financing costs for leveraged overnight positions are low. Exness offers MT4/MT5, the web-based Exness Terminal, the Exness mobile app, and an in-house copy trading service. The cutting-edge trading infrastructure features $5+ trillion in monthly trading volumes from 800,000+ traders. Therefore, I rank Exness among the best stock trading apps in Bangladesh.
Exness is also one of the safest brokers with a well-regulated trading environment and a compensation fund maxed out at €20,000 per claim from the Hong Kong-based Financial Commission.
Pros & Cons
- Instant withdrawals, based on the payment system, from a trusted broker with numerous payment methods
- Multi-regulated broker
- 24/7 multi-lingual customer service
- No education for beginners
FXTM
In Summary Best all-around broker with high floating leverage and fast executionI rank FXTM among the best stock trading apps in Bangladesh. FXTM offers 800 US-listed equity CFDs for traders and 397 US-listed stocks for unleveraged investment portfolios. It makes FXTM an ideal choice for traders and investors alike. Swap rates for leverage overnight positions are reasonable. The dedicated Advantage Stock account for unleveraged stock investments is commission-free, while the equity CFD alternative levies commissions of $0.02 per share per side with a $0.01 minimum commission.
FXTM upgrades MT4/MT5 with Trading Central, the upgrade package from FX Blue, and its in-house Pivot Point Strategy plugin, ensuring traders have an edge.
Pros & Cons
- Excellent commission-based Forex pricing environment and transparency
- Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
- Quality market research and educational content for beginner traders
- A highly regulated broker with a tier-1 license
- Limited choice of commodities
FP Markets
In Summary ECN trading with leverage up to 1:500FP Markets offers 1,000+ equity CFDs on MT5, upgraded with 12 plugins, Trading Central, and Autochartist. The user-friendly FP Markets Trading App is also available. Equity CFD trading is available with a maximum leverage of 1:20 with low swap rates on leveraged overnight positions. Equity commissions are between 0.05% and a $5 minimum and 0.20% with a $2 minimum or $0.02 per share, per side with a $2 minimum. It places FP Markets among the best stock trading apps in Bangladesh.
Copy and social traders can diversify via Myfxbook Autotrade, Signal Start, the FP Markets alternative, and TradingView.
Pros & Cons
- Choice of trading platforms and auxiliary trading tools
- Very competitive cost structure and excellent asset selection
- Low minimum deposit requirement and leverage of up to 1:500
- Well-regulated and trustworthy
- Availability of Iress geographically restricted
AvaTrade
In Summary Highly regulated, choice of fixed or floating spreadsI rank AvaTrade among the best stock trading apps in Bangladesh amid industry-leading beginner education via the Ava Academy, the MT4 Guardian Angel plugin, and the fee-based Ava Protect insurance policy, protecting against trading losses. Traders can use the user-friendly WebTrader and mobile app AvaTradeGO, which includes Trading Central or MT4/MT5. Equity CFD trading has reasonable commission-free fixed spreads between 0.13% and 0.19% with a maximum leverage of 1:10.
AvaTrade also has a high-paying partnership program featuring 70,000+ partners and $250M+ commission payouts, catering to passive income seekers. The balanced asset selection includes equity CFDs and ETF CFDs.
Pros & Cons
- High quality educational offering via AvaAcademy
- Excellent choice of trading platforms catering to various trading needs
- Broad asset selection and cross-asset diversification opportunities
- Well-regulated and trusted broker with oversight from a central bank
- Trading costs competitive but nothing special
BlackBull Markets
In Summary Best ECN trading environment, with scalping and hedgingBlackBull Markets ranks among the best stock trading apps in Bangladesh. It offers institutional-grade trading conditions with Equinix servers in New York (NY4), London (LD5), and Tokyo (TY3), and data feeds from 66+ third-party providers deliver ultra-deep liquidity. The BlackBull Invest service allows long-term buy-and-hold investors to manage unleveraged accounts and dividend portfolios. Competitive commissions include $0.06 per share with a $10 minimum and a 0.40% maximum for US-listed equities.
Equity CFD trading is available on MT4/MT5, and copy traders can use BlackBull Markets CopyTrader, ZuluTrade, and Myfxbook Autotrade. Social traders can connect to TradingView with 50M+ peers.
Pros & Cons
- ECN/NDD execution model with deep liquidity
- Institution-grade pricing for retail traders via proprietary price aggregation
- ZuluTrade and Myfxbook for social trading
- Leverage of up to 1:500
- Limited deposit options
Overview of Best Stock Trading Apps in Bangladesh
Bengali stock traders have hundreds of choices and many of the best brokers in Bangladesh are major global names. However, specifically for local traders focused on equity trading from their mobiles, which are the best stock trading apps in Bangladesh?
I have analyzed dozens of suitable brokers to provide the ones that ensure you have a competitive edge. Find out what your broker should offer you if it genuinely has your best interest at heart.
How to Choose the Best App for Stock Trading in Bangladesh
Traders have different preferences and requirements, but the best brokers for stock trading should all offer apps with a similar core trading environment.
All competitive stockbrokers in Bangladesh should offer the following:
- Regulation - A clean regulatory track exceeding 10+ years and a secure trading environment.
- Low trading fees - Competitive trading fees and swap rates, including positive ones, with commissions not exceeding 0.10%. A volume-based rebate program is also beneficial.
- Trading platforms - Traders should ensure the availability of real-time market data, interactive charts, a user-friendly interface, alerts, and notifications.
- Asset diversity - A balanced choice of liquid assets ensures increased trading opportunities and profit potential.
- Deposits/Withdrawals - No internal transaction fees and low minimum requirements with a choice of e-wallets.
How Can I Trade Stocks in Bangladesh?
Stock trading in Bangladesh requires a brokerage account and capital, but before evaluating the best stock trading apps in Bangladesh, Bengali traders must start with in-depth education. I recommend starting with trading psychology before learning the relationship between leverage and risk management. Studying candlestick formations and chart patterns is another elemental area to master.
Stock Trading in Bangladesh – Pros and Cons
Before traders consider the best stock trading apps in Bangladesh, they should evaluate the pros and cons of stock trading in Bangladesh.
The Pros of Stock Trading in Bangladesh
- Income opportunities capturing global macro trends
- Passive income via dividend portfolios
- Portfolio diversification spanning countries and sectors
- Good internet speed
- Reasonable tax rates compared to many developed countries
- Slowly expanding disposable income
- Acceptable time zone to trade international stocks
The Cons of Stock Trading in Bangladesh
- Well-regulated offshore brokers do not offer Bangladeshi stocks
- No deposits or withdrawals in Bangladeshi Taka
- Most Bengali traders rely on mobile apps for trading, which are less than ideal
- Low internet penetration rate below 45%
- Lack of quality education in Bengali
What Is the Difference Between a Stock and a Stock CFD?
Traders must know the difference between a stock and a stock CFD to avoid unnecessary costs and achieve their trading objective. Stock CFD trading is available from the best stock trading apps in Bangladesh.
The primary difference between a stock and a stock CFD is the former provides ownership of the asset, while the latter is solely for trading purposes. A stock CFD grants access to price action and corporate events like dividend payments and stock splits, but CFD holders do not now own the underlying stock.
A secondary and notable difference is that stock CFD trading, a derivative, is available with leverage, making it an excellent asset for short-term trading. Since overnight leveraged positions incur swap rates, a stock CFD is not ideal for long-term strategies due to high costs.
So, long-term buy-and-hold investors and dividend portfolios should use unleveraged stocks, while short-term traders should use stock CFDs.
Bottom Line
The best stock trading apps in Bangladesh ensure traders have a competitive edge to increase profitability. Beginners should always start with in-depth education before funding a trading account.
