Whether you’re new to the stock market or an experienced trader, stock market apps are making investing easier. Here are the best apps you to try in 2018.
Over half of all US households invest in the stock market.
After years of flatlining, the stock market enjoyed record highs during the last year. Many people took advantage of this by using stock market apps to do their trading.
However, the Google Play Store has over 2.8 million apps, while the Apple’s App Store has over 2.2 billion. This makes it tricky to sift through the junk and find an app you’re satisfied with.
Want to avoid wasting your time installing mediocre stock market apps to your phone?
Read on to find out which three apps are worth checking out this year!
1. TastyWorks
Whether you’re a seasoned trader or a student who wants to start investing, TastyWorks brings plenty to the table.
Experienced traders will appreciate the excellent commissions. This Tastyworks review goes into more detail about the platform’s fees.
Meanwhile, new investors benefit from the app’s gentle learning curve and list of strategies.
The app is also very easy on the eyes, and nothing seems out of place. Its user interface is clean and easy-to-navigate. Plus, you can rearrange the options in your navigation bar.
It’s important to keep in mind that TastyWorks is still in open beta. So there will be even more improvements and additions to the mobile app moving forward in 2018.
2. E*Trade Mobile
E*Trade is one of the biggest names in online stock trading. Even people who are clueless about trading can remember the E*Trade baby commercials from a few years back.
Thankfully, much like its ad campaigns, E*Trade’s mobile app doesn’t disappoint.
E*Trade Mobile is breathtakingly rich in features. Conducting research on the app is easy and intuitive for all investors.
On top of this, you can also stream Bloomberg TV and customize your home screen. The app has all the tools you need to monitor open positions and initiate new trades effectively on the go.
3. Robinhood
Even though Robinhood has only been around for a few years, it’s grown quickly. In fact, it now has over 3 million brokerage accounts, which is only a bit less than E*Trade.
Unlike the other two apps on this list, Robinhood doesn’t have a desktop version of their platform. It’s only available on mobile devices.
Signing up is a breeze, as it won’t take more than few minutes. You can access real-time data as soon as you log in.
It’s free to open an account. Plus, you don’t pay any fees for purchasing or selling ETFs and stocks.
The interface is simple, but the lack of clutter is part of Robinhood’s charm. The app is best for investors who only have a few thousand dollars to invest, not serious traders.
Final Thoughts on the Best Stock Market Apps of This Year
As more and more traders embrace mobile platforms, you can expect new stock market apps to come out. But the three apps listed above are your best bets for 2018.
If you’re new to trading, consider giving TradeHero a go. It’s basically fantasy sports for investors, as you start with $100,000 of virtual currency and try to make your way up the leaderboard. You can also watch educational videos to build up your trading knowledge.
Looking for more finance-related tips and guides? If so, make sure to visit our finance blog!
