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
- FP Markets, ECN trading with leverage up to 1:500.
- Eightcap, Competitive pricing + excellent daily videos.
- Octa, A commission-free broker with a proprietary copy trading service.
- XM, Exception range of assets + negative balance protection.
- BlackBull Markets, Best ECN trading environment, with scalping and hedging.
Best Online Stock Trading Apps in Bangladesh Comparison
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Regulators | ASIC, CMA, CySEC, FSCA | ASIC, CySEC, FCA, SCB | CySEC, FSCA, MWALI International Services Authority | ASIC, CySEC, DFSA, FSC Belize | FMA, FSA |
Year Established | 2005 | 2009 | 2011 | 2009 | 2014 |
Execution Type(s) | ECN/STP | ECN/STP, Market Maker | Market Maker | Market Maker | ECN/STP, No Dealing Desk |
Minimum Deposit | |||||
Average Trading Cost EUR/USD | 1.2 pips | 1.0 pips | 0.9 pips | 0.1 pips | 1.3 pips |
Average Trading Cost GBP/USD | 1.4 pips | 1.2 pips | 1.3 pips | 0.2 pips | 2.0 pips |
Average Trading Cost Gold | $0.16 | $0.12 | $0.30 | $0.19 | $0.90 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based | MetaTrader 4, MetaTrader 5, Trading View | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4, MetaTrader 5, cTrader, Trading View |
Islamic Account | |||||
Negative Balance Protection | N/A | ||||
| Visit Website | Visit Website | Visit Website | Visit Website | Visit Website |
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
Eightcap
In Summary Competitive pricing + excellent daily videosEightcap established itself among the best Forex brokers due to its superb trading infrastructure, excellent order execution amid deep liquidity, competitive fees, and cutting-edge trading tools. Manual traders get a well-designed AI-powered economic calendar, and Eightcap upgrades MT4 via Capitalise AI, which enables algorithmic trading in a code-free environment. MT5 traders benefit from Flash Trader, while the dedicated cryptocurrency solution Crypto Crusher caters to cryptocurrency traders.
Copy traders get the embedded MT4/MT5 services, and Eightcap connects social traders to the active TradingView community. Beginner traders get an outstanding educational and research offering via Eightcap Labs and Eightcap Trade Zone.
Pros & Cons
- Low minimum deposit and high leverage of up to 1:500
- Competitive cost structure
- Excellent technology infrastructure and seasoned management team
- Daily research and quality educational content
- Limited leverage in some areas
Octa
In Summary A commission-free broker with a proprietary copy trading serviceFounded in 2011, Octa is a “Straight Through Processing” (STP) broker, which means they do not have an internal dealing desk. They simply connect buyers and sellers directly. With this model, Octa aims to be more cost-effective than anyone else in the market. They offer low spreads and claim 97.5% of trades are executed without slippage.
Octa offers their clients a choice of three Forex trading platforms: the world’s most popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). All of these can be traded as a desktop application, and on Android and iOS devices.
Octa is an unregulated broker but continues to earn the trust of traders around the globe, with more than 1,500,000 accounts opened. One reason for the ongoing success of this market maker is appealing bonus campaigns. This broker paid out almost $3,000,000 in bonus funds. Octa offers traders the MT4 and MT5 platforms, and a proprietary mobile trading platform. Octa additionally grants their clients Autochartist, but traders require a Silver Level in the Status Program. Traders have a choice between fixed and floating spreads, and the overall cost structure remains competitive.
Asset selection remains the distinct weakness at Octa, making it most suitable for new retail traders. A series of short educational articles offers a basic Forex introduction, and this broker maintains an excellent arsenal of research and analytics tools.
Pros & Cons
- Quick withdrawals and deposits
- 0% commission and no overnight charges
- Space with personalised trading ideas
- Customer Support 24/7
- Mobile copy trading services available only for Android
XM
In Summary Exception range of assets + negative balance protectionI rank XM among the best Forex brokers for beginners as it provides exceptional education, with the live education room available Monday through Friday between 06:00 and 15:00 GMT at its core. Beginners also receive actionable trading recommendations, and the $5 minimum deposit ensures accessibility to all traders, boosted by deposit bonuses.
XM rewards active traders with a four-tier loyalty program and supports algorithmic traders with VPS hosting. The well-balanced asset selection exceeds 1,000 assets, and the proprietary copy trading service pays signal providers up to 50% profit share. Swap-free trading and low trading fees ensure a competitive edge.
Pros & Cons
- Outstanding trading tools and loyalty program
- Low minimum deposit, high leverage*, and competitive trading cost
- Excellent research and education
- Trustworthy and transparent with generous bonuses and incentives
- Inactivity fee
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.
