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I've been trying out different trading apps with a small amount of money for a while, and honestly, there are quite accessible options now. You don't need thousands of dollars to start; that’s a thing of the past.
The best trading apps I've seen are quite varied depending on what you're looking for. If you're a beginner and want something super simple, MiTrade is practically unbeatable: you start with just $20, the interface doesn't overwhelm you with unnecessary buttons, and it has integrated TradingView charts. Plus, they give you 50,000 virtual dollars to practice risk-free for 90 days. It's like having a professional simulator before risking your real money.
If you already have experience and want more tools, AvaTrade offers MetaTrader 4 and 5, which is a significant change if you're used to those platforms. The minimum deposit is $100, and they clearly distinguish between retail and professional accounts. Plus500 is also at that level: listed on the London Stock Exchange, with over 2,800 assets available, and recently added futures and prediction markets.
XM is interesting if you're looking for very high leverage (up to 1000x, though with high risk). You can deposit from $5 and choose between different account types. eToro is different: it's more for those who want to automatically copy experienced traders. That copy trading thing is useful if you don't know where to start.
The best trading apps really depend on your profile. Beginners tend to be more comfortable with MiTrade because of how simple it is. Active traders prefer AvaTrade or XM for access to MetaTrader and tight spreads. If you want a variety of assets, Plus500 has the largest catalog. And if you're attracted to the idea of learning by copying others, eToro is the obvious choice.
Everyone has different fees; some charge for inactivity, others for withdrawals. The important thing is to read carefully before investing money and to practice first with the demo accounts that all of them offer. Trading always involves risk, so it's not something to jump into without thinking. But if you're looking for the best trading apps to start with a small capital, these five are currently the most highly recommended in the market.