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Best AI Crypto Trading Apps in the UK July 2024

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Meet Thadeus, a trading guru, brilliant writer, and financial fanatic with years of expertise in the industry. Get ready to learn from his wealth of knowledge.

Article was updated: June 16, 2024
Estimated reading time: 10 minutes

As cryptocurrency gains more traction, technology-driven solutions are becoming crucial. AI-powered crypto trading apps are at the forefront, changing how traders interact with digital currencies. In our detailed exploration, we are shedding light on the top AI crypto trading apps available in the UK. These apps use artificial intelligence to automate trades, analyse market patterns, and provide invaluable insights for crypto enthusiasts. Keep reading to discover the most advanced and dependable AI-based apps that are transforming the way people trade cryptocurrencies in the UK. 

Essence

  • The best crypto AI trading app should employ cutting-edge AI algorithms to analyse market trends, execute trades, and optimise strategies, providing efficient and data-driven decision-making processes.
  • Offering automation, the best apps for cryptocurrency trading should execute trades autonomously based on predefined parameters and market analysis, reducing the need for manual intervention.
  • The best AI cryptocurrency apps in the UK should be hosted by brokers regulated by the FCA for a secure trading environment.
  • Users can often customise trading strategies within crypto trading apps, tailoring approaches to individual preferences and risk appetites.
  • The best AI crypto apps should integrate with external wallets, offering more asset management flexibility.

List of the Best AI Crypto Trading Apps in the UK

  • eToro Overall Best AI Crypto Trading App in the UK
  • XTB – Best AI Cryptocurrency Trading App With no Minimum Deposit Requirement
  • AvaTrade – Best AI Cryptocurrency Trading App for Social and Copy Trading
  • FP Markets – Best AI cryptocurrency trading app For Advanced Traders in The UK

Compare the Best AI Apps for Crypto Trading in the UK

Get ready to explore our comparison table below, where we have outlined AI crypto trading apps UK standout features. We hope it will be of assistance in making your selection.

Best AI Cryptocurrency AppsLicenceSupport ServiceSoftwarePaymentDemo AccountMoney Insurance
eToroASIC, CySec, FCA, FSAS24/5eToro investing platform, Multi-asset platform, Copy TraderDebit card, Bank transfer, eToro Money, Online BankingYesYes (up to $250,000)
XTBFCA, KNF, CNMV
24/5xStation 5, xStation Mobile
Credit/debit cards, Bank Transfer, SkrillYesYes (up to £85,000)
AvaTradeCBI, CySec, ASIC, BVIFSC, FSA, SAFCSA, ADGM, ISA24/5MT4, MT5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, Capitalise.aiCredit card, Debit card, Wire transfer, Paypal, Skrill, NETELLER, WebMoney
YesYes (up to $1,000,000)
FP MarketsCySec, ASIC, FCA
24/7MT4, MT5, cTrader, Iress,Credit and Debit cards, Bank transfer, PayPal, Neteller, Skrill, PayTrust FasaPayYesYes (up to $500,000)

As professional cryptocurrency traders with decades of experience, we understand the importance of trading with an AI crypto app you can afford and feature the right assets. In this regard, we present tables below highlighting vital information on fees and assets across our recommended AI crypto trading apps. We advise you to compare them to ensure you choose the best option.

Fees

Best Crypto AppFeesMinimum Deposit RequirementTransactionInactivity
eToroFrom 2 pips$100£5 withdrawal£10 monthly
XTBFrom 0.1 pips£0Free£10 monthly
AvaTrade0.03 pips£100Free£50 quarterly
FP MarketsFrom 0.0 pips£100FreeNone

Assets

Best Crypto AppForexStocksCommoditiesETFsOptions
eToroYesYesYesYesNo
XTBYesYesYesYesYes
AvaTradeYesYesYesYesYes
FP MarketsYesYesYesYesNo

Our Opinion & Overview of the Best AI Cryptocurrency Trading Apps in the UK

We always test and compare as many AI cryptocurrency trading apps as we could to come up with the best options for our readers. Below, we present our opinion and overview of our top AI crypto trading apps UK for informed decisions. 

1. eToro – Overall Best AI Crypto Trading App in the UK

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After extensive testing, eToro emerged as the overall top AI crypto trading app in the UK. We explored its 33+ cryptocurrencies and investment options in crypto shares, catering to diverse investor tastes. With only spreads as charges and a low $100 minimum deposit, it’s incredibly cost-effective when it comes to cryptocurrency trading. The user-friendly interface, advanced analysis tools, and social trading features heightened our trading journey. 

We also noticed the app’s demo account, which offers hands-on experience to newbies. Besides cryptos, we also explored an additional 3,000+ securities, including forex, stocks, commodities, ETFs, and more. Overall, eToro’s variety of crypto tokens and rich resources cater to all traders’ needs, thus earning it a solid 5-star rating.

eToro Review
TradingGuides Rating:
✔Copy/Social trading
✔Low minimum to fund an account and begin investing
Pros & Cons
Fees
Trading Assets
Pros
  • 0% commission on cryptocurrency trading.
  • CopyTrader platform.
  • Regulated by tier-one authorities, including the UK’s FCA.
  • Various cryptocurrencies are available.
Cons
  • Limited educational and research tools.
  • Does not feature third-party platforms like MT4, MT5, etc.

Types Fee
Minimum Deposit $100
Conversion Fee depends on your payment method, currency, and eToro Club level.
Overnight Fee vary according to the value and direction (BUY or SELL) of your position
Withdrawal Fee all withdrawal requests are subject to a $5 USD fee
Inactivity Fee monthly inactivity fee of $10 USD (charged after 12 months)

  • Stocks – there is a total of 800 stocks offered ranging from the biggest tech businesses in the U.S. to smaller companies from all over the world. Stock trading is always commission-free with eToro.
  • Cryptocurrencies – being one of the first brokers to jump on the cryptocurrency bandwagon, it comes as no surprise that eToro dominates this segment. With more than 20 coins and a number of cryptocurrency pairs, there is enough for all crypto traders.
  • Currency Pairs – in the early days, eToro was just another FX broker and even though they’ve developed since, the broker has stayed true to its roots. As a trader, you can choose between 49 currency pairs ranging from majors and minors to a few exotic ones.
  • Long-Term Investments – unlike many online brokers, eToro is also suitable for long-term investments. For example, their investment portfolios are a great way to diversify your portfolio and limit risk.
  • Additional assets – in addition to the above, eToro provides access to commodities, indices, and ETFs as CFDs. There is also a range of unique assets such as Crypto Portfolios that are only offered by eToro. This means that you can create a diverse portfolio with ease.

2. XTB – Best AI Cryptocurrency Trading App With no Minimum Deposit Requirement

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After conducting extensive research and hands-on testing, we’ve identified XTB as a reliable AI cryptocurrency trading app with no minimum deposit requirement. XTB offers a selection of over 10 digital tokens, including Bitcoin, Ethereum, and Litecoin, thus catering to various trader preferences. Its xStation 5 and xStation Mobile platforms stand out for providing advanced market research tools that enhance both technical and fundamental analysis. Additionally, XTB’s flexibility extends beyond cryptocurrencies, offering a diverse range of assets without imposing any minimum deposit requirements.

During our evaluation of XTB, one standout feature was its competitive interest rates, offering users the potential to earn up to 5% on uninvested funds, specifically 3.8% for EUR and 5.0% for USD. This aspect allows for additional earnings, contributing to an enhanced user experience. Based on our analysis, we give this app a 5-star rating, primarily due to its accessibility, comprehensive tools, and the potential for passive income.

XTB Review
TradingGuides Rating:
✔ Constantly improving trading platforms
✔ Wide range of global markets
Pros & Cons
Fees
Trading Assets
Pros
  • A user-friendly and intuitive design cryptocurrency trading platform.
  • No minimum deposit requirement.
  • Fast trade execution speed.
  • Great research materials.
Cons
  • Cryptocurrency trading costs can be high for low-budget traders.
  • A £10 monthly inactivity fee applies after 12 months of no account activity.

Type Fee
Opening an account $0
Account type: Standard: spread 0.5
Account type: Swap Free: spread 0.7
Forex From 0.1 pips
Stock CFDs commission 0%
ETF CFDs 0%
Crypto commission From 0.22%
Monthly Fee for maintaining an Account Free of charge or up to 10 EUR
Withdrawal fee $0
Deposit fee $0

The broker boasts a wide selection of tradable assets, consisting of 1500+ instruments, including a range of global markets, such as forex, indices, commodities, ETFs, and others.

3. AvaTrade – Best AI Cryptocurrency Trading App for Social and Copy Trading

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Following our extensive exploration and testing, AvaTrade excels as the top choice for mobile social and copy trading. This is primarily due to its amazing AvaSocial and DupliTrade platforms, which we enjoyed using. Crypto traders should take advantage of these platforms to connect with other global traders, follow the best, and mirror positions with increased profit potential. Note that social and copy trading is best for crypto traders who have limited research time, as they rely on other professionals’ strategies and ideas. 

Renowned for its mobile trading capabilities, AvaTrade remains cost-effective, requiring only a £100 minimum deposit. With zero commissions on CFD cryptocurrency trades, the platform offers competitive low spreads. Plus, it features over 15 cryptocurrencies, and the mobile interface mirrors the web platform, ensuring a user-friendly experience. AvaTrade also supports various payment methods, including PayPal, debit/credit cards, and bank transfers, enhancing transaction flexibility and convenience. These and more led us to give it a 5-star rating.

AvaTrade Review
TradingGuides Rating:
✔ One of the most popular brokers in the UK/EU
✔ Quick deposits and withdrawals
Pros & Cons
Fees
Trading Assets
Pros
  • Regulated by the best authorities globally, including the UK’s FCA.
  • Reliable mobile trading platform that is highly rated on Google Play and the App Store.
  • Over 15 cryptocurrencies to choose from.
  • Features DupliTrade social trading platform that connects like-minded traders.
  • ZuluTrade copy trading platform traders can use to follow and mirror expert traders’ positions.
Cons
  • Accessing the copy and social trading platforms requires high minimum deposits.
  • It has a 50 per quarter inactivity fee that kicks in after three months.

Type Fee
Minimum Deposit £100
Inactivity Fee USD Account: $50
EUR Account: €50
GBP Account: £50
Administration Fee USD Account: $100
EUR Account: €100
GBP Account: £100
Deposit Fee $0
Withdrawal Fee $0

AvaTrade impresses with a robust portfolio of over 1250 assets, encompassing a wide range of trading instruments.

Forex – AvaTrade facilitates trading in a broad spectrum of currency pairs, enabling exposure to the dynamic forex market and diverse CFD options.

Stocks and Commodities – The platform offers a comprehensive selection of stocks and commodities, allowing users to invest in companies and raw materials across global markets.

Cryptocurrencies – AvaTrade supports trading in cryptocurrencies, providing access to a multitude of digital assets, including popular ones like Bitcoin, Ethereum, and more.

ETFs, Bonds, Treasuries, and Indices – AvaTrade’s offerings extend to ETFs, bonds, treasuries, and indices, offering diversification opportunities and exposure to various sectors and industries.

4. FP Markets – Best AI Cryptocurrency Trading App For Advanced Traders in the UK

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After thorough testing, we found FP Markets stands to be an excellent choice for advanced AI cryptocurrency traders based in the UK. This AI-powered crypto trading app offers a robust and dependable trading environment, facilitating access to major tokens such as Bitcoin, Litecoin, Ripple, Bitcoin Cash, Ethereum, and more. Additionally, FP Markets allows for portfolio diversification with an extensive range of over 10,000 assets, including shares, forex, commodities, and more.

Advanced traders will find FP Markets appealing due to its wealth of sophisticated trading resources. Accessible across platforms like MT4, MT5, and Iress, these resources comprise powerful charting tools, an array of technical indicators, and advanced order types. With leverage of up to 2:1, there’s an increased potential for profitability, providing enhanced trading opportunities. In comparison to other AI cryptocurrency trading apps, we rate FP Markets at 4.8 stars.

FP Markets Review 2024
TradingGuides Rating:
✔Low trading fees
✔Accounts can be opened fast and easy
Pros & Cons
Fees
Trading Assets
Pros
  • Advanced trading tools for expert traders’ maximum experience.
  • Low cryptocurrency trading fees starting from 0.0 pips.
  • Additional asset classes for portfolio diversification.
  • Features customisable alerts and expert advisors for an ultimate experience.
  • Low minimum deposit requirement (£100).
Cons
  • Limited cryptocurrency offerings compared to what its peers host.
  • You can only trade cryptocurrencies as CFDs.

Type Fee
Minimum deposit $100
Overnight fee $0
Deposit fee $0
Withdrawal fee Depends on payment method
Inactivity fee $0

There are plenty of trading options to choose from on FP Markets. These include 70+ currency pairs, more than 10,000 stocks on global exchanges, 5 cryptocurrency CFDs,  46 ETFs, 19 major global indices, and commodities. The commodities available include gold, silver, oil and more.

What do Other Traders Say?

Traders’ experiences and opinions on Google Play, the App Store, and Trustpilot play a pivotal role in selecting the right AI crypto trading app in the UK. Below, we present real-user feedback we sampled from Google Play, the App Store, and Trustpilot. Feel free to compare these diverse experiences to get a comprehensive understanding before choosing an ideal crypto app.

1. eToro

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The majority of users praise eToro for its user-friendly interface and innovative social trading features within the crypto sphere. Others appreciate its ability to invest in various assets effortlessly and the platform’s unique CopyTrader function.

  • “I just love this app, everything is clear, it’s perfect for all types of investor also for long term invest.” – Dibakar Barua

  • “While providing the services, they did it quickly and proactively. The provides a wide range of functions that are useful while generating monthly and yearly returns. The dashboard is designed to be easy to use and understand” – Nitesh Saini

  • “Etoro is a great place to trade with personalised support. I’m lucky to have Callum as account manager who is always a very useful point of contact which is a key part of my trading experience. Also super chuffed with the occasional VIP experiences!” – Francois Jardin

2. XTB

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Traders admire XTB’s comprehensive crypto trading tools and educational resources embedded within the platform. They highlight the accessibility and ease of trading various cryptocurrencies available through XTB’s platform, along with its competitive spreads.

  • “I have shares in other brokers, but I’m using this app to check prices and charts because it’s simply better. Flawless usability” – Kosciej

  • “Very good app. Customer service is welcoming. Lots of information for new traders available for free. Feel very valued and accepted as a beginner. Best app I have found after trying 10+ others.” – Thomas Ashley

  • “Excellent account managers who keep in touch. Find the app easy to use. Lots of educational content to help me learn. Good use of news and kept up to date with any stock market changes.” – Ross

3. AvaTrade

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We also noticed that AvaTrade earns praise for the robustness of its trading platform. Many traders value the app’s advanced trading tools and analytical features, helping them effectively navigate the financial space.

  • “Mobile application is best to use because it is easy for me rather than working on a computer my phone is often on my hand and easy to use” – Andile M

  • “I was assisted by Alev Nazli. She was very friendly and helpful. Made sure I understood the platform and confirmed that I’m all set to go. She followed up the next day as well. Much appreciated.” – Michael S

  • “Best Broker with the best app for easy and quick deposits and withdrawals. Search feature on the app has for me the latest market news to date. Proactive Account Manager who is ready to go the extra mile. I’m happy at AvaTrade, best broker for sure!” – Menfret M

4. FP Markets

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FP Markets stands out for its extensive range of trading assets and robust trading infrastructure. Traders praise the platform’s reliability and fast execution, which are crucial factors in cryptocurrency trading.

  • “Customer support is really marvelous, my problem was taken seriously and solved within no time. Thanks to the team for their efforts. Great!” – Tariq

  • “The app is user friendly. Even for beginners, it is easy to use, and the customer service live chat is quick in replying.” – Wayne K

How to Start Trading with an AI Crypto Trading App in the UK

How to Start Trading with an AI Crypto Trading App in the UK

If you’re eager to start using an AI crypto trading app, here are five quick steps to get you up and running.

Step 1: Research and Choose a Reliable AI Crypto Trading App
Step 2: Create an Account and Connect to an Exchange
Step 3: Customise Your Trading Strategy
Step 4: Backtest and Optimise Your Strategy
Step 5: Monitor and Adjust as Needed

Begin by researching different AI cryptocurrency trading apps available in the market. Look for reputable and reliable options with positive user reviews and a track record of consistent performance. Consider factors such as supported brokers, security measures, and customisation options. If you have limited time for research, consider our recommended options above, tested and approved by TradingGuide experts.

Once you have selected a cryptocurrency trading app, create an account on its website. Follow the registration process and provide the necessary information. If you want to buy cryptos and take full ownership, ensure your AI crypto app is connected to a reputable crypto wallet to guarantee the safety of your tokens.

After connecting the app to the exchange, customise your trading strategy. Set parameters such as the cryptocurrencies you want to trade, the size of your trades, stop-loss and take-profit levels, and any other relevant trading rules. Tailor the strategy to align with your risk appetite and investment goals.

Before deploying your trading app in live trading, it’s essential to backtest your strategy using historical market data. Backtesting allows you to evaluate how your trading strategy would have performed in past market conditions. Use the insights gained from backtesting to optimise your strategy and make any necessary adjustments.

Once your AI crypto trading app is active, regularly monitor its performance. Keep an eye on the app’s execution of trades and assess its profitability. Be prepared to adjust your strategy if market conditions change or if you observe any unexpected outcomes. Stay informed about market trends and developments to ensure you never miss out on any potentially profitable opportunities.

How to Choose the Right UK AI App for Crypto Trading

Selecting the right AI crypto trading app in the UK involves considering several crucial factors tailored to your trading preferences.

Security is paramount when trading cryptocurrencies using an AI app in the UK. Therefore, look for crypto apps that emphasise robust security measures. For instance, they must be regulated by recognised financial authorities like the Financial Conduct Authority (FCA) to guarantee your funds’ safety. Also, verify if the app implements encryption protocols, two-factor authentication, and follows compliance standards to protect your investments from potential cyber threats.

Seek AI crypto apps with user-friendly interfaces and advanced functionalities. They should provide real-time market data, intuitive charting tools, and seamless order execution across different devices. A smooth trading experience is crucial for effective decision-making.

It is also essential to settle for an AI crypto trading app featuring numerous digital tokens and additional asset classes for portfolio diversification. A diverse selection allows you to explore different investment opportunities, thus mitigating the risks that come with trading a single asset.

Compare fee structures across various cryptocurrency trading apps in the UK. Analyse spreads, commissions, deposit, and withdrawal fees. Transparency in fee policies is crucial to understanding potential costs and avoiding unexpected charges affecting your trading profitability.

Consider apps offering demo accounts, as these are the best platforms to get started and familiarise yourself with AI cryptocurrency trading. Our recommended options above offer demo accounts that are virtually funded to help you explore the world of cryptocurrency and more.

Evaluate the quality of customer support available on a cryptocurrency trading app. Feel free to contact the team with any concerns or questions to gauge their responsiveness via various channels. Remember, reliable and responsive customer support will help you easily sort out any issues and maximise your trading experience.

Research user feedback and reviews from credible sources. Platforms like Trustpilot and app stores can offer valuable insights into the experiences of other users. Understanding their opinions regarding reliability, ease of use, and overall satisfaction levels can guide your decision-making process effectively.

What Is an AI Crypto Trading App?

What Is an AI Crypto Trading App?

An AI crypto trading app represents a game-changer in the investment landscape, merging artificial intelligence into cryptocurrency trading. These apps employ AI algorithms to automate trading decisions, analyse market trends, and execute precise transactions. Using machine learning and complex algorithms, they strive to predict market movements and refine trading strategies.

Functionally, AI crypto trading apps digest extensive historical and real-time market data. These algorithms spot patterns, correlations, and trends, enabling informed trading decisions based on predefined parameters. Furthermore, they continually learn and adapt strategies, aiming to enhance accuracy and effectiveness over time.

AI cryptocurrency trading apps often offer customisable settings, empowering investors to tailor strategies to their risk tolerance, investment goals, and preferred cryptocurrency assets. The ultimate aim of an AI crypto trading app is to streamline trading, reduce emotional biases, and potentially optimise outcomes for users.

What’s the Best AI Crypto Trading App for Beginners?

What’s the Best AI Crypto Trading App for Beginners?

The best AI crypto trading app for beginners should offer an intuitive user interface for easy navigation and streamlined trades. It should provide educational resources or demo accounts to teach trading concepts before investing real money. Security measures like encryption and two-factor authentication are crucial, along with transparent AI algorithms. Beginners must also consider apps with easily accessible and responsive customer support to ensure queries are addressed promptly. 

Top options based on our experience include eToro for its social trading, Plus500 for cost-effective CFD trades, and FP Markets for portfolio management and expert strategies. Overall, the best crypto trading apps for beginners should suit their trading styles and preferences. Therefore, always test a crypto trading app using its demo account and gauge your skill level before trading using real money. 

FAQs

What’s the best free AI crypto trading app?

There are several free AI crypto trading apps in the UK financial space. We recommend some popular options in our mini reviews above. These platforms offer free versions with limited features, allowing users to explore and learn before committing to premium plans.

Are AI crypto trading apps safe?

Yes. AI crypto trading apps can be safe if they employ robust security measures. Look for platforms with encryption, two-factor authentication, and reputable custody solutions for funds. Additionally, research the platform’s track record, user reviews, and regulatory compliance to ensure a secure trading environment.

Can I use AI apps to trade cryptocurrency?

Absolutely. AI apps are designed to assist users in trading cryptocurrencies. These apps leverage machine learning algorithms to analyse market trends, execute trades, and optimise strategies. However, it’s crucial to understand the technology and continuously educate oneself about the market for maximum experience.

Is AI crypto trading legit?

Yes. AI crypto trading is a legitimate method used by traders and investors worldwide. These apps utilise sophisticated algorithms to analyse data and make informed trading decisions. However, while AI can enhance trading strategies, it’s not a guarantee profits. The cryptocurrency market remains highly volatile and unpredictable, so caution and research are essential.

Conclusion

In this rapidly evolving financial space, timing is everything, especially when trading cryptocurrencies using an AI app. Always conduct thorough market research to identify the best entry and exit points. For beginners, we advise you to approach this trading strategy cautiously and start by getting familiar with an app’s demo account. Most importantly, employ continuous learning and risk management controls to boost your skill level and limit massive losses in case a trade does not work out as planned. You should also invest with what you can afford to lose, especially while applying leverage. With time, you will become independent and start reaping the fruits of your efforts.

How we test?

Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.

The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.

Thadeus Geodfrey logo
Thadeus Geodfrey

Is a regular dad trying to be smart about how we play and win in this big game of life. He has worked within the very best of the financial industry producing numerous training resources. He is an experienced copywriter with immense financial background. Now earns a full time living as a Trader, and as our writer.

His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
If he is not trading or writing, he is at the gym.

One Reply to “Best AI Crypto Trading Apps in the UK”

  • Marco R says:

    I've been utilizing the OANDA platform for a considerable period, and throughout this time, I've encountered no issues with payments. Additionally, my selection of OANDA was influenced by its reputation as a trustworthy firm holding licenses from several prominent financial regulators. This ensures traders benefit from an added layer of security and confidence in the platform.

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