Top 4 Apps for Different Types of Investors
Since you can literally do anything and everything with your phone or tablet these days, it’s 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’re 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 of your investments. It also depends on your experience level and trading style.
Here may be a quick overview of a number of the more popular trading apps:
This one was launched before even the Robin-hood 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. Robin-hood uses only the best security and privacy measures to protect investors’ personal details and assets.
This is a great choice for beginners. College students can cash in of the free management feature, and choose 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 everyone , particularly for more active, versatile traders who need a bigger portfolio.
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 enter single stocks / EFTs, which are utilized into various themes, like “environmental” or “innovation”.
This tool is created by Interactive Brokers, and is available for Zacks Trade members. If you’re not familiar with Zack’s Trade, it’s an excellent platform for active traders and those interested in foreign stock exchanges. There are a spread of investment options to settle on 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.