Since you can literally do anything with your phone or tablet these days, it’s not surprising that you can also invest and trade stocks with apps. Why spend a fortune paying a broker to trade for you when you can do it yourself? Even if you don’t have a lot of experience or knowledge, the best online stock trading app platforms come with tips and resources to help you better educate yourself.
You only need one or two good apps to make all your investments. It also depends on your level of experience and trading style.
Here’s a quick overview of some of the most popular trading apps:
Robin Hood
This was launched even before the Robinhood website. It’s free to start using, although you won’t have access to the full range of investments. Recent support for Bitcoin has been added. The application interface is intuitive and the information you need to help make decisions is easy to obtain and understand. Robinhood uses only the best security and privacy measures to protect investors’ personal data and assets.
acorns
This is a great option for beginners. College students can take advantage of the free management feature, and select retailers can even get some “cash back.” There are no free surprises, and you can make small transactions for just $1 – $3 dollars.
Acorns is not for everyone, especially more active and versatile traders who want a larger portfolio.
Booking
The great thing about Stash is that it’s not just an online stock trading app, it’s also an educational app designed to help you learn on the go. It allows users to start investing with as little as $5 and offers advice on which stocks might be right for you as you go. Investments go into individual actions/EFTs, which are used on various topics, such as “environmental” or “innovation.”
Handy Trader
This tool was created by Interactive Brokers and is available to Zacks Trade members. If you’re not familiar with Zack’s Trade, it’s a great platform for active traders and those interested in foreign stock exchanges. There are a variety of investment options to choose from, including options, EFTs, bonds, mutual funds, etc. To help with your decision making, Handy Trader supports real-time charts and market data, and allows you to place orders instantly or via order ticket.
In addition to offering the best online stock trading app, Zacks Trade and Interactive Brokers offer a web platform for those who prefer to handle transactions on a PC.