Stock trading apps are becoming an increasingly popular way to buy and sell shares of stock. These apps make it easy for investors to initiate trades from the comforts of their own homes.
Such apps also provide a wealth of information on individual company’s stocks, including real-time information such as performance and value. There are many stock trading apps available on the internet that offer features that range from simple to extensive.
List of Best Stock Trading Apps:
The List of the best Stock trading app for Beginners has been provided Below:
1. Stock Trader Pro:
Stock Trader Pro is an Android app that lets you track the stock market in real time. It can help you to make smart investment decisions with its advanced features like price, volume, portfolio tracking and alerts. You will also get detailed data of all major stocks with this app.
The best part of Stock Trader Pro is that it can provide you minute by minute updates on daily basis or weekly basis. There are no other apps on play store so far which provide such level of detail for free.
However some users have reported problems while accessing their portfolios on several devices. Make sure your device is compatible before downloading this one!
2. Robinhood – Free Stock Trading:
Robinhood, as the name suggests is a free stock trading application that lets you buy and sell stocks for absolutely free. The app will let you know about your cash balance, account balance, portfolio value and current market valuation.
There are no hidden charges if you choose Robinhood to manage your investments. However there are some limitations with this app too. First of all they don’t have any tutorials so it’s not very easy to learn how to use this one unless you ask someone for help or search on Google!
Second thing worth mentioning here is that their server isn’t reliable most of the times which can be problematic especially when you need to transact quickly (like in case of volatile markets). keep these limitations in mind before downloading this one.
3. Barchart on Demand:
Barchart on Demand is a unique app which offers data for both free users and paid users. The application lets you track real time stock market price movements with charts, watchlists and market news updates along with streaming quotes from major exchanges like NASDAQ, NYSE and LSE (London Stock Exchange).
You can also use Barchart’s Advanced Research Tab to create multiple screeners using technical indicators like MACD, RSI etc. Using the signals tab you can set alerts for any symbol based on user defined parameters and monitor them in real time or as scheduled text/email alerts!
This app provides lots of features but many of these features will be available only if you upgrade to paid version.
4. eSignal Mobile:
eSignal is one of the most popular stock trading apps available on play store. It has already been downloaded by over 1 million users worldwide. With eSignal you can monitor real time market data easily and conveniently like never before! You can use various chart types to track your investments.
The app also provides advanced technical analysis tools which make it easy for seasoned traders to buy, sell or hold their positions based on changing market dynamics. When compared with other stock trading apps, eSignal is more suitable for active traders because they limit the number of charts that free users can see unless you upgrade to premium account.
5. TradeStation Mobile:
TradeStation Mobile is another popular stock trading application which lets you buy, sell and track stocks for free. The app has already been downloaded by over 10 million users all around the world! What makes TradeStation unique is that it also lets you back-test your strategies to see how they will perform in different market scenarios.
You can even build custom automated trading strategies using TradeStation’s visual drag-and-drop tools! With TradeStation you can easily monitor live news, global market sentiment and daily watch lists directly from your mobile phones!
However, this app doesn’t give as much control as some other apps on this list so if you’re looking for some serious customization options then better look somewhere else.
6. Acorns Invest for Beginners:
Acorns is a different kind of stock trading app on this list. It’s more like a micro-investment platform which also provides you with small and medium sized stocks and ETFs to invest in.
When compared with other stock trading apps, Acorns doesn’t provide real time quotes instead it shows the current market prices every 5 minutes (which is good enough for most users).
With Acorns mobile app, you can make micro investments of as low as $5 into diversified portfolios which will let your money grow slowly but steadily over time. You can read more about how this application works on their website .
7. Stash Invest:
Stash Invest is another app that we would like to recommend here. With just $5 deposit, you can get started with investing in stocks and ETFs.
The best part about this app is that it not only lets you invest but also provides very useful financial tips for beginners which will be helpful even if you don’t use this mobile application. You can read more about how Stash Invest works on their website .
8. TradeKing:
TradeKing is another great application for active investors. The best thing about this app is that it charges no fees for trading or making deposits (unlike other stock trading apps) which makes it perfect for regular traders!
You can use TradeKing’s powerful tools like Level II quotes, Market Depth and Option Chains to make informed decisions when buying, holding or selling your securities .
Another useful feature of this app is that you can create watchlists and market alerts to get notified whenever a security on your list hits a certain level.
9. E-Trade Mobile:
E-Trade Mobile is the official app for E-trade, one of the most popular stock trading platforms. This app allows you to trade stocks, ETFs and other securities on your phone with just a few taps!
You can use their extensive charting library, real time news feed and streaming quotes to make informed decisions when buying or selling your securities.
One disadvantage of this app is that they charge $6.95 (per transaction) which might seem bit expensive if you compare it with some other applications in this list like TradeKing (which charges no fees unless you opt for premium account).
Conclusion:
In conclusion, there are many great options for trading stocks, each with its own pros and cons. The app that is right for one person might not be the right option for another, so it is important to research as many as possible to find the perfect fit.
Best Stock Trading App for Beginners:
After reviewing several different options, it seems as though Robinhood offers the best trades without all of the bells and whistles that other apps have. It is a great app for those looking for a no-frills stock trading experience.
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