Mon. Dec 23rd, 2024

While technology has taken over the middlemen in almost all the sectors, Stock trading hasn’t been left untouched either. There was a time when middlemen were the necessary evil who charged extra-ordinary high commissions. Also, the prices of the stocks change even before the bids could be placed due to the intermediate time. Stock trading applications have taken over the market saving us from our woes. Whether you are a beginner looking to test the waters or a pro, there is an app for stock trading practice that will suit your needs. The only thing that remains is to find the most compatible app for you. Here, we have a list of the best online stock trading app which might be the answer that you are looking for-

  1. TD AMERITRADE MOBILE – The most popular and highest rated application across ios and android users alike, TD AMERITRADE is the best online stock trading app in the market. While this application doesn’t need any minimum deposit and charges no fees for transactions, the basic version is appropriate for the beginners and the premium version pleases all professionals with its aesthetics and features. Giving many additional features like live CNBC feed, TD AMERITRADE provides you data from multiple platforms which ensures that your stock decision making is supported by the most accurate data and figures.
  1. Robinhood – Another application which doesn’t ask you to have any minimum amount as the balance nor does it have any transaction cost, it is one of the best app for stock trading practice at the moment. Surprisingly enough, the application was launched before the website and has a super friendly user interface which makes trading your owned stocks as easy as possible. With the recent addition of support for BitCoins has made it more popular over the cryptocurrency traders. While this application lacks a detailed analysis of the stock, some argue that this is a blessing in disguise as this helps in shutting out noise and helps you concentrate on important decisions.
  1. Stash – One of the best stock trading app for beginners, this application comes with no minimum account balance and has maximum support for the beginners by supporting transactions as low as 5$ which cannot be said for many applications out there.. While they charge a monthly subscription ranging from 1$ to 9$, they make sure that you get value for your money. An application built keeping in mind the education and convenience of new traders irrespective of their background, this app has helped many stock markets enthusiasts to build up their portfolios through its various services.
  1. Acorns – One of the best stock trading app for beginners, Acorns is made with the purpose of helping newbies learn the art of investing. It is a perfect application for occasional traders who are not interested in day trading. They have something called as Robo-advisors which help you along the entire investment process making sure that you do not get caught up with any technical jargon or end up making wrong investments. Acorns doesn’t ask to maintain any minimum balance and provides free management for college students making it one of the best stock trading mobile app.
  1. Fidelity – A wholesome application, it is one of the best stock trading app which is seeking to capture the trends and usage in 2020. With an easy to use interface, this application is very efficiently designed and is bug free. With an interface which is simple to use, Fidelity has made sure that no matter if you are a beginner or a seasoned investor, you go satisfied with all your needs resolved. Fidelity also makes sure that you do not have to go anywhere for your research by providing expert research assistance. With its growing popularity, Fidelity has become one of the best stock trading mobile app for beginners and experts alike.

Conclusion

2020 is a year which comes with a lot of surprises which has taken almost every business online, stock trading world isn’t left untouched either. Cutting a lot of operational costs, stock trading applications are the new trend amongst the stock investors. There are many new applications available in the market which has made it difficult to decide that which application is suitable for your needs and which is not. Keeping this in mind, we have tried to compile a list of best stock trading applications out there.

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