There is nothing you can’t do with your phone or tablet these days. You can even buy and sell stocks and mutual funds, invest in real estate, do Forex trading, get tips and recommendations from the world’s leading experts that the average investor will be privy to. But, to get started, you need to pick the best stock trading app for beginners.
Since your investment goals are not the same as every other beginner, the right app for you might not be the same as other people’s. Always consider your level of risk and how much money you are safely willing to put into the account. If you don’t have much money to start with or want to start small until you begin gaining experience, look for a trading app with a low minimum requirement for opening a new account.
Look for a brokerage that includes an easy-to-navigate interface, accessible educational resources, low fees, attainable minimums, and little to no commissions.
Here are a few options for the best stock trading app for beginners:
E*Trade
This app is one of the first trading apps, so it’s a pioneer in the industry. However, it’s done an excellent job of keeping up with the times. There are now two apps: E*TRADE: Invest. Trade. Save. for beginners and Power E*TRADE for more advanced traders. Invest in mutual funds, US-listed stocks, ETFs, Options, etc. There is fraud protection to keep your info and money safe and secure.
TD Ameritrade
TD Ameritrade is a highly-rated app for beginners due to all of the information and resources it gives users. New investors can learn all they need to know with the educational material, including 200+ instructional videos.
Fidelity Mobile App
This app is a candidate for the best stock trading app for beginners. It has features like a cutting-edge design, customized news and content, market and research information, an interface with simplified navigation, and so much more. Trade stocks, ETFs, mutual funds, and Options anytime you want, from anywhere.
Handy Trader – Zacks Trade
The Handy Trader app is for Zacks Trade users who want to buy and sell while on the go. It has a Secure Login System on iOS and Android. In addition, it uses SmartRouting technology so that more experienced users can route their orders at the best price to attain optimal execution.
Beginners may find Handy Trader helpful since it offers access to fundamental data and independent analyst reports, trade stocks, bonds, mutual funds, and options worldwide. Zacks Trade offers the best stock trading app for beginners interested in trading on 91 exchanges in 19 countries.