Trading on-the-go has never been easier with the rise of mobile trading apps. In this article, we’ll take a look at the top seven trading mobile apps by ranking them based on their features, uses, ease-of-use and pricing.
Robinhood is one of the most popular trading apps available today due to its user-friendly interface and commission-free trades.
Uses:
- Trade stocks & ETFs
- Purchase cryptocurrencies
- Access real
- Time market data
Ease-of-use: Robinhood offers an intuitive UI making it easy for first-time investors
Pricing: Commission-free trades but users can upgrade to Robinhood Gold which includes extended-hours trading among other features starting from $5/month
TD Ameritrade Mobile provides a comprehensive suite of investment tools that allow traders to stay informed and manage their investments easily.
Uses:
- Trade stocks ,options & ETFs
- Live streaming CNBC news coverage
- In-depth research reports
Ease-of-use: TD Ameritrade offers an extensive app tutorial upon download
Pricing: No minimum account balance required but commissions apply depending on trade type
E*TRADE Mobile allows investors access to various financial markets while offering several proprietary analytical tools.
Uses:
- Accurate portfolio balancing insights
- Buy/sell securities including options.
- Customizable alerts notifying users of price changes
Ease-of-use: E*TRADE offers an easy-to-navigate interface with helpful demos explaining each feature.
Pricing: Commissions start at $0 per trade for US listed equities/ETFs
Fidelity Investments’ app is known for its simplicity in design coupled with advanced charting capabilities helping traders make informed decisions.
Uses:
- Trade stocks,ETFs & options
- Customizable watchlists & alerts
- Real-time market data
Ease-of-use: Fidelity’s app is designed with the user in mind offering a streamlined experience
Pricing: Commission-free trading for US listed equities/ETFs. Options trades start at $0.65 per contract
The Charles Schwab Mobile app offers investors access to several investment products including mutual funds and ETFs.
Uses:
- Buy/sell securities such as stocks, bonds and ETFs
- Investment research reports
- Mobile deposit option
Ease-of-use: The app provides an easy sign-up process with clear instructions on how to use each feature
Pricing: Free account minimum but commissions apply depending on trade type
6. Webull
Webull allows users to invest in various types of securities while offering advanced charting tools helping traders make more informed decisions.
Uses:
- Trade stocks, options, bonds etc.
- Personalized news feed
- Live streaming financial data
Ease-of-use: Webull’s interface is intuitive and user-friendly making it ideal for beginners.
Pricing: Commission-free trading
7. Merrill Edge
Merrill Edge mobile app enables its clients to manage their accounts easily across multiple devices while providing personalized insights based on individual client needs.
Uses:
- Trading of stocks, bonds, mutual funds etc.
- Detailed market analysis
- Easy-to-navigate UI
Ease-of-use: Merril Edge offers a comprehensive tutorial upon download explaining all features thoroughly.
Pricing: Commissions start at $2.95 per equity trade online
Victoria Mostova
18 August 2023 at 03:02Thanks for sharing the list of top trading apps for mobile devices. It’s great to see Robinhood highlighted for its user-friendly interface and commission-free trades. If anyone’s considering building a trading app like Robinhood, they might be interested in exploring the costs and steps involved. To get a better idea of how much to make an app like Robinhood, they could consult with experienced app development professionals.