Stock trading apps are the new normal in all aspects of life. As a result, stock trading companies have adapted to create powerful mobile trading apps to attract customers. It is important to see what the different platforms offer and how well it does at filling orders and providing useful tools for trading. Charting can be done on many stock trade apps; sometimes, you need more than one app to complete the job.
Many people live lifestyles without being glued to their computers, but they still want to manage their financial future. We don’t need to be at home or on the phone with our broker to trade or invest. The apps out there now will cater to every type of investor or trader. Please read below to see the most popular trading apps and what they offer.
List of the Best Mobile Trading Apps
Investing Without Fees With Trading Apps
It’s important to know that it’s bare bones as a broker. Its main draw is the gift card service. The result can be getting your kids interested in trading with the gift of a stock gift card, and I think that’s great.
Stockpile is one of the mobile apps geared toward the younger crowd. As a result, it may not appeal as heavily to the more sophisticated investor. However, it’s not complicated and serves its purpose, especially for new or inexperienced traders.
However, this app doesn’t have real-time trades. Any trade placed before 3 pm will be filled the same day. Any trade placed after 3 pm will fill the following trading day. The selection of stocks available through this app is limited. They do have more than 1,000 stocks available.
However, there are thousands of available stocks if you use brokers such as ThinkorSwim or Interactive Brokers. These brokers are better suited for active traders or investors looking for full access and control and still want great customer service. Read our Stockpile App Review to learn more about their services.
You can rely on any stock board, or you can even join individual chat rooms that are hosted on the site. Some chat rooms are free, but most are only available to premium users. Stocktwits also introduced its Heat Map technology. This shows exactly which sectors are hot and cold for the day. StockTwits even comes with some basic stock charts and fundamental company information. I’d recommend opening Tradingview and Stocktwits, though, as the two apps work well together.
Credibility is the main issue with sites like Stocktwits, FinTwit, or Reddit. You never know if you can believe what a user is saying. Like Twitter, Stocktwits does allow you to see which users have more followers. This is a general indication that people already follow that user’s posts and legitimize what they say more. Still, using Stocktwits to read sentiment and see what other traders say would be best. Please do your due diligence when it comes to making actual trades!
Best Day Trading Apps for Beginners
There’s nothing wrong with getting into day trading. You can easily make a living for many people by doing a couple of daily trades. It only takes about $400 in profit per trading day to reach an annual profit of $100,000.
Not so bad, is it? The best way to approach day trading is to ensure you have the proper tools to give you every edge possible. So, we researched the best day trading apps for beginners.
First, more than investing, day trading relies on technical analysis and short-term trends. Make sure you have a good charting platform to help boost the odds in your favor.
Second, you have to be able to read the market sentiment. Don’t just read news headlines; heading to chat groups or discussion boards gives you a feel for how the market reacts.
Finally, you need a good trading platform that is fast, reliable, and, most of all, free! Without these apps, day trading can turn on you in a hurry.
If you don’t want your account to blow up, check out the three apps we recommend for a successful transition to day trading. Brokers have come a long way with technology. So, the best day trading apps for beginners aren’t a long shot.
Now you can trade on the go. As a result, trading and traveling have become extremely popular. If you want to trade in Hawaii, Antarctica, Bali, or Iceland, you can do so.
2. Webull
Final Thoughts: Trading Apps
StockTwits allows you to keep your finger on the market’s pulse. Trends make for better trading. Stock trade apps such as StockTwits allow you to have the pulse of traders everywhere. Real-time interaction drives excitement to stocks. Traders are hunters of volatility.
Volatility drives price movement. As a result, you can profit (or lose) on a trade based on the interaction of traders from worldwide; remember to follow people you know are trustworthy.
