Smartphones have become an integral part of anyone’s life in that we are using it for pretty much anything nowadays. This is also true for stock traders because apps can give them a lot of power just by using their phones and their fingertips in having the fastest and the best online stock broker.
If you want to engage in stock trading and you want to make sure that you stay on top of the game, then here are some of the best apps that you can install in your phone in 2018:
1.TD Ameritrade Mobile
This app is made by one of the largest American Brokerage Firms. They’re really successful in what they’re doing so they’ve created something that will make the lives of stock traders much easier.
There are actually two variants of their applications. One is the TD Ameritrade Mobile App. This application allows you to do some things that some of the desktop stock trading software can do like tracking your investments on the go, transferring funds to your account, and there is also an option for push notification so that you will get alerts based on the time you’ve set.
The other one is the TD Ameritrade Mobile Trader App, which allows you to do a lot of investing on the go. Not only that but you are also given the option to look at investment charts in real-time, look at some analytics, just to name a few. This app is intended for more seasoned traders.
This application is best suited for beginners. The Acorns Trading app acts like a normal stockbroker in that whenever some funds are deposited in your account, the app can run you through the entire process.
The AI is pretty good and it will help build you a diverse stock portfolio that you can help grow as time progresses. Do note that the app only trades for exchange-traded funds which are best suited for novices anyway.
If you want to ditch the training wheels and invest on your own, then you can have a good companion by using the Stash App. This app not only lets you invest, but it will also give you useful information, especially for beginners.
With as little as $5, you can start investing and the application will give you some tips on how to grow your money as well. The application also comes with a knowledge base complete with articles that you can read about stock trading as well.
If you want to use a simulator because you want to try your hand in trading without actually investing real money, then TradeHero is for you.
This application works really well as it gives you a $100,000 stock portfolio to play with. It actually simulates how the real stock market moves and you can invest accordingly, all without running into some financial risks.
Nobody has a lot of money when it comes to buying trading apps, so if you’re one of those people who wants a free solution but still comes with a pretty nice package, then Robinhood is definitely the de-facto choice.
This app is free and it lets you start trading immediately. Note that it doesn’t give you the ability to try just about any investment (like Mutual Funds), but you can invest using Stocks, Exchange-Traded Funds, and you can even use Bitcoin as well.