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Since you can do virtually anything and everything from your phone or tablet these days, it should come as no surprise that you can also invest and trade stocks with apps. Why spend so much money on paying a broker to trade for you when you can do it yourself? Even if you are not very experienced or knowledgeable, 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 experience level and trading style.
Here is a quick overview of some of the more popular trading apps:
Robin Hood
It was launched even before the Robinhood website. It’s free to start using, although you won’t get access to the full range of investments. Recent support for bitcoin has been added. The app interface is intuitive and it is easy to find and understand the information you need to help with decision making. Robinhood uses only the best security and privacy measures to protect investors’ personal details and assets.
chestnut
This is a great option for beginners. College students can take advantage of free management access, and select retailers can get some “cash back” as well. No wonder it’s free, and you can make small trades for only $1 – $3 dollars.
Acorn isn’t for everyone, especially more active, versatile traders who want a larger portfolio.
stash
The cool 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. It lets users start investing with as little as $5 and suggests which stocks might be right for you. Investments go into single stocks/EFTs, which are used in different themes such as “environment” or “innovation”.
hand dealer
This tool is created by Interactive Brokers, and is available to ZacksTrade members. If you are not familiar with JackTrade, it is an excellent 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, and more. To help you make your decisions, Handy Trader supports real-time charts and market data, and also allows you to place orders. immediately, or by using an order ticket.
apart from offering the best online stock trading appZacks Trade and Interactive Brokers provide a web platform for those who prefer to handle trades on PC.
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