Our time is valuable, and the world moves fast, so you want to make sure you can quickly and easily check on your investments at a moment’s notice. That’s why we’ve put together a list of the best stock-trading apps for both iOS and Android. As always with investing, be aware that your own capital is at risk, and you should never invest money you aren’t prepared to lose.
Named the U.K.’s top stock-trading app in 2016, Trading 212 is a fantastic option even if you’re based in the U.S. It gives you access to trading a wide variety of markets, including the U.S., U.K. and German markets. Ten trades a month are completely free, making this a fantastic option for anyone who trades lightly and tends to hold their properties for dividends rather than making money through constant trading. After the 10 free trades in a month, you’ll pay 1.95 British pounds (about $3) plus 0.05% per deal. You can also trade cryptocurrency, and there’s access to a live chat for support. A free lifetime practice account that follows the real market can help you learn the ropes if you don’t yet have the necessary funds.
SoFi Invest’s official app lets you trade stocks, ETFs, and cryptocurrencies while charging no account fees and letting you earn cash-back rewards if you take its debit card. There are no trading fees or commissions, and it doesn’t set account minimums you have to invest, so it’s ideal for smaller investors who don’t have as much capital to throw around. It also offers trending functionality that lets you see the most popular stocks and funds, and you can even use its automated investing feature if you’re not sure which stocks or assets to choose yourself. Additional banking services are also available, such as personal loans and student loan refinancing.
Plus500 holds the distinction of attracting more than 100,000 new European investors in 2016, making it one of the most popular apps out there. Plus500’s app is full of tools that help you survive in the cutthroat world of stock trading. It features no commissions, a Guaranteed Stop tool to ensure you don’t lose out, and negative balance protection, which means you can’t lose more than you have invested. You can transfer funds into your account by credit card, PayPal, or bank transfer, and you can trade cryptocurrecy and commodities, as well as the usual stocks.
Schwab Mobile (free)
This app offers the mobile version of Charles Schwab’s investment platform, letting you invest in a wide range of financial instruments. This includes stocks, ETFs, mutual funds, and options, with the app letting you research potential investments and track the latest market news before you take the plunge with any particular asset. The wide range of information on offer makes the app great for people with a bit more time to spare to research possible investments, whereas newcomers may find it a little daunting at first. That said, the app is highly comprehensive once you get stuck in and also includes a variety of banking options, letting you deposit checks and also manage your 401(k), for example.
Hailed as the hot new stock-trading app, Robinhood boasts a slick interface and zero commissions. There’s no minimum amount, so you can start with whatever you want, and there’s no waiting period. Trade U.S. stocks, crytocurrency, and commodities, and learn how to trade as you go thanks to Robinhood’s personalized feedback and recommendations. For the moment, you’re stuck trading only through the app, but there is a web app on the way. Refer friends and you’ll both benefit with free stock from some of the world’s largest companies.
TD Ameritrade is one of the biggest financial service companies and brokerages in the United States, and its Thinkorswim stock-trading app reflects its breadth of experience and expertise. You can trade not only stocks using the apps, but also more complex futures, options, ETFs, and forex (i.e., currencies). The app lets you tailor more advanced orders and create stop loss orders, for instance. There’s no commission to pay on trades, while the app adds a number of helpful extras, such as the ability to chat with trading experts in real time. It’s very comprehensive, including in-depth company profiles, livestreaming financial programming, and a practice mode for anyone who wants to trade without actually risking money.
Founded in 1946, Fidelity Investments is one of the big boys of investments and stock trading, and the apps it offers reflect those years of experience Fidelity. The app allows you to trade stocks, exchange-traded funds, mutual funds, and more, while also offering more general fiscal management, with videos and news articles featuring financial advice that should help you to manage your money even better. It also provides you with market research so you can stay informed, and allows users to open new 401(k) or brokerage accounts. It’s something of an all-in-one app that will serve many investors well.
Focused on everyone from beginner traders to older hands, E*Trade is one of the most popular stock-trading apps in the United States. It provides commission-free trading and lets you trade stocks (listed in the U.S.), ETFs, mutual funds, and options, among other things. If you’re unsure about which assets or funds to go for, you can mirror professionally-compiled portfolios, while the app also lets you chat with advisors if you need extra help. Other nice options include the ability to set alerts and watchlists for particular stocks, and the educational tools are also very helpful if you’re new to finance and don’t understand all the jargon.
Get a more personal edge with Capital.com’s personalized A.I.-driven app, which provides you with all the news and guidance you need to ensure your investments mature and grow. Capital.com has access to a huge amount of investment areas, including more than 700 markets, cryptocurrencies, and commodities. You’ll also get real-time tracking of your investment, 24-hour withdrawals, and negative balance protection to make sure that you can’t lose more than you’ve put in. It might not have some of the bells and whistles that other apps on this list offer, but it’s a solid stock-trading app that works smoothly and seamlessly.
Looking to gather the funds needed to invest? Having some spare cash is always a good idea, and our favorite budgeting apps can help. If you’re interested in Bitcoin, check out our handy guide to get you started.