Stock trading apps allow you to trade stocks and manage your portfolio while on the go. These apps are for casual investors or daily traders.
Easy-to-use stock trading apps help you achieve your trading goals, offer customer care, and allow you to transfer money from your bank account to your brokerage account. These best trading apps are cheap and provide a wide range of assets to trade.
TD Ameritrade is the winner because it offers excellent value for money. Beginners and casual stock traders may use the TD Ameritrade Mobile app to manage their money on the go. Expert and elite traders will benefit from the enhanced think or swim mobile app.
With a TD Ameritrade brokerage account, you may trade stocks and ETFs with no minimum balance or fees. Full-featured apps provide account management and trading features. It also has a CNBC live feed.
Fidelity is a leading brokerage for novice investors and long-term investors. It handles a wide range of accounts and investments. When you trade stocks and ETFs for free, you get a lot for your money.
Invest with Fidelity is the official Fidelity app for Android, iOS, and Amazon devices. This software completely integrates your Fidelity investment accounts and transactions. It doesn’t have as many extensive charting choices as other smartphone apps, suitable for beginners who don’t need or desire advanced features.
Webull is a technology-driven trading platform for experienced stock traders. While Webull lacks instructional content, it is jam-packed with other valuable features. Enhanced charting and enhanced quote data add-ons will appeal to aggressive traders.
With so many high-end alternatives, the price is sure to be exorbitant. But Webull is almost entirely free. No fees for trading stocks or ETFs. But just the app may be switched. Other assets like bonds and mutual funds are still unavailable. Webull, compared to the other applications on our list, is relatively new.
Social Finance, or SoFi, is a smartphone app that offers financial services such as loans, savings, and investments. It’s ideal for beginners learning to trade stocks. This brokerage offers commission-free trading and fractional shares with no minimum balance and minimum trade.
The app’s SoFi Invest page includes learning pieces to help new users manage their accounts without feeling overwhelmed.
Not being as widely known as some larger brokerage firms does not imply tastyworks isn’t the best in its area. Its app is all about trading options. Because many options trade on fluctuations in stock prices, tastyworks needs to be on this list even if it isn’t.
Stocks and ETFs are fee-free. Stock and ETF options are priced at $1 each with a $10 maximum per leg. The mobile software is ideal for experienced options traders since the features may confuse and overwhelm newbies. Traders using tastyworks depend on these features to trade rapidly without compromising desktop trading capabilities.
How Do We Pick An App?
Consider your trading history and how you wish to invest when choosing a brokerage and stock trading software.
The most critical areas to evaluate are expenses, tradable assets, account types, and platform usability. Because usability is subjective, you should look at screenshots and even demo accounts before buying.
If unsure, try out two or three applications before settling on one. You don’t need a lot of money to establish one, so you may experiment without endangering your own.