Since you can literally do anything and everything
with your phone or tablet these days, it is not surprising that you can also
make investments and trade stocks with apps. Why spend a fortune paying a
broker to make trades 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:
Robinhood
This one was launched before even 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 the information you need to help make decisions is
easy to get a hold of and understand. Robinhood uses only the best security and
privacy measures to protect investors' personal details and assets.
Acorns
This is a great choice for beginners. College
students can take advantage of the free management feature and select retailers
can even get some "cash back". There are no surprise frees, and you
can make small trades for just $1 - $3 dollars.
Acorns isn't for everybody, particularly for more
active, versatile traders who want a bigger portfolio.
Stash
The good thing about Stash is that it isn't just an
online stock trading app - it's also an educational app that is designed to
help you learn as you go. It lets users start investing with as little as $5
and offers tips on which stocks might be right for you as you go. The
investments go into single stocks / EFTs, which are utilized into various
themes, such as "environmental" or "innovation".
Handy Trader
This tool is created by Interactive Brokers and is
available for Zacks Trade members. If you are not familiar with Zack's Trade,
it's 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, etc. To help you with your
decision-making, Handy Trader supports real-time charts and market data, and
allows you to make orders either instantaneously, or by using an order ticket.
In addition to offer the best online stock
trading app, Zacks Trade and Interactive Brokers offer a web platform for those
who prefer to handle trades on a PC.
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