What Is the Best Mobile Stock Trading App?

Denise Wilkinson

If you’re interested in trading stocks, you’ll want to have a mobile app that allows you to buy and sell from anywhere. But with so many options available, it can be tough to know which one is the best. In this article, we’ll take a look at some of the top mobile stock trading apps available and compare their features.

Robinhood

Robinhood is a popular app that’s known for its commission-free trades. This app also offers a clean and easy-to-use interface that makes it simple to invest in stocks, ETFs, options, and cryptocurrencies. Robinhood also provides access to market data and news.

Pros:

  • No commission fees
  • Easy-to-use interface
  • Provides access to market data and news

Cons:

  • Limited customer support options
  • No mutual funds or bonds available for trading
  • Not ideal for more advanced traders who require more complex analysis tools

E*TRADE Mobile

E*TRADE Mobile is another popular app that offers commission-free trades along with other investment options such as mutual funds and bonds. This app also provides access to real-time data and news along with research tools such as analyst reports.

Pros:

  • No commission fees on stocks, ETFs, or options trades
  • Offers mutual funds and bonds trading options along with stocks and ETFs
  • Provides access to real-time data and news along with research tools such as analyst reports.
  • Cons:

    • The interface can be clunky at times with too many features
    • The app is not as intuitive as some other options
    • Requires a minimum account balance of $500 for most features

    TD Ameritrade Mobile

    TD Ameritrade Mobile offers commission-free trades along with a wide range of investment options including stocks, ETFs, options, mutual funds, and bonds. This app also provides access to research tools such as analyst reports and news.

    Pros:

    • No commission fees on stocks, ETFs, or options trades
    • Offers a wide range of investment options including mutual funds and bonds along with stocks and ETFs
    • Provides access to research tools such as analyst reports and news.
    • Cons:

      • The interface can be overwhelming for new users who are not familiar with trading terms and concepts.
      • The app is not as intuitive as some other options
      • The mobile app lacks some features available on the desktop version of the platform.

      Fidelity Mobile

      Fidelity Mobile is another popular app that offers commission-free trades along with investment options such as stocks, ETFs, mutual funds, and bonds.

      Pros:

      • No commission fees on stocks, ETFs, or options trades
      • Offers a wide range of investment options including mutual funds and bonds along with stocks and ETFs
      • Provides access to real-time data and news along with research tools such as analyst reports.
      • Cons:

        • The app may be too complex for new traders
        • The mobile app lacks some features available on the desktop version of the platform.
        • The customer support options are limited.

        Conclusion

        While each of these apps has its own unique features and drawbacks, Robinhood seems to be the best choice for beginners looking to get started with mobile stock trading. Its easy-to-use interface, commission-free trades, and access to market data and news make it a great option for those just starting out. However, if you’re an experienced trader looking for more advanced analysis tools or a wider range of investment options, you’ll want to consider one of the other apps on this list.