Investing in Stocks as a beginner can be quite scary. Many online stock trading platforms exist, so many different stocks and you are quite clueless about which to pick. Well, it doesn’t have to be that bad. You can establish yourself in the Stock market in a more faster time. A long time ago, If you ever wanted to invest in stocks, you had to spend a lot on Stockbrokers but now you can do so much more through stock trading apps and online platforms. Even much more convenient with your mobile phones.
There are many different apps that can help you make stock purchases, compare fees and even offer suggestions. Therefore, here are 10 of the very best apps for easy trading of stocks which offer easy to use technology that will help you in this new occupation of yours.
The Acorns is among the best stock trading apps which can be an awesome addition to your stock needs. It allows the use of credit and debit cards to make purchases as well as allows for easy organization of your diversified portfolio. For any beginner who wishes for simple and easy ways to make stock investments without the added stress of trying to figure out the system, then the Acorn trading app is very good for you.
All that is required to use this platform is that you will have to pay a little service fee on a monthly basis which is just a small percentage of your Account balance. Therefore, you are advised to withdraw as quickly as possible so this fee doesn’t eat up all your winnings over a period of time. This app is available for Android phones and iPhones mobile phone.
2. Stock Market Simulator
The Stock Market Simulator app allows you to have a simulated version of the stock market before you start real trading. It simply simulates a US stock market with all of its investments so you can try out again and again until you have gotten a bit feel of the system before you start your real trading. In this virtual market, stocks begin at $10,000 and get updated at every 15 to 20 minutes. You should note that this app doesn’t in any way resemble the real happening, but just helps you learn how to trade online in a practical lesson approach.
SigFig is an online analytical tool that helps track, manage and optimize existing portfolios. With the SigFig stock app, you can get all of these and more. All you have to do is simply sign up, fill out a questionnaire that analyses your objectives in terms of how much risk you may be willing to take, insert and confirm a personalized plan and then lastly, fund your account. As a first-timer, the SigFig app will help you receive trending stock news and keep statistical for you on your chosen companies. You will be able to view all investments directly on your dashboard. Investments are pulled into a single dashboard and offer a real-time view of every stock, mutual fund, ETF and other investment.
The first $10,000 in your portfolio is will be managed free but it will only give you only get a three-year overview of your brokerage accounts, even though some investors prefer a 5-or 10-year look back. You can download here for your Android device or through this link for your iPhone.
4. Motif Explorer
Motif Investing is a platform that analyses stock trends around the world and discerns those that will be investment opportunities. After this the company helps builds portfolios, or motifs, based off related stocks. All you need no is a starting balance of $250 and it charges $9.95 on every portfolio that has about 30 and ETFs. An added advantage is the Motif Explorer app because it allows you to monitor, find and analyze ideas. To download the Motif Explorer app, click here for Android phone or via this link for your iTunes.
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5. Yahoo! Finance
The Yahoo Finance app allows personification as well as a great and exciting overview of Stock trends in a way such as a weather app. The Yahoo! Finance app allows its users to organize portfolios and quotes from many different devices, currencies, stocks trading and so much more. It is ideal for conducting a quick stock check and the push notifications allow you to stay current on breaking news so you can make informed decisions on the companies you invest in. To download the Yahoo Finance app for your android device, go here or click here for iTunes Yahoo Finance stock trading app.
6. TD Ameritrade (Stock Trading App)
The TD Ameritrade app allows access to many different aspects of the Stock market including mobile stock trading, streaming quotes, real-time balances, fund transfers, and up-to-date news and market research. one of such features is the Snap stock feature, which allows users to snap a picture or barcode on any item to find the company name, ticker symbol and stock quote, along with company-related news and charts. To download the TD Ameritrade app for Android phones, click here or use this link to download for your iOS devices. To also make a download for Microsoft, go here.
7. Fidelity Investments
The Fidelity investment app gives you access to trade and track your accounts using your mobile phone and gives you a lot of added features such as the personified home screens, money management tools, advanced charting, daily market videos and option trading. You can transfer funds from any account or even upload a check directly to the account by uploading an image of the check. This app covers every aspect of the U.S stock market and other international stock markets as well. To download this app for your Andriod device then click here, or use this link to download for your iOS device.
The CNBC app is a newspaper like a stock market app. It allows you to have deep insight into breaking stock market news, stock charts, and access to full-length CNBC programs. You can easily personalize this application to also view the only information you wish to access as a top priority over everything else. For your CNBC app download for Android devices, go to PlayStore or download from iPhone store if you wish to download it for your IOS device.
Benzinga app offers investors access to auto-updating stock quotes from any mobile device. It grants access to immediate information, up to date quotes and breaking news. You can also personalize this application to view breaking news push notifications, create watchlists and explore predictive quote search. You can also use the Benzinga Pro app that allows services from basic services to premium services that features an audio news desk and instant analyst Q&A. You can download the Benzinga for IOS devices through this link.
10. Bloomberg Stock Trading App
The Bloomberg stock trading apps allow its users access to breaking financial news and real-time stock for both small and large stock exchanges to suit the individual needs of its users. It is very easy to customize the app so you view just your stocks and have a vantage view of your position in the Stock market as well as investment analysis on your stocks. You can download the Bloomberg mobile app from PlayStore for your Android devices or by getting it from iTunes for your iOS device.
And there you have it’ the 10 best stock trading apps for your needs as a first-time investor. Take advantage of these applications and enjoy a smooth transition into the World of Stocks.
If you do need more information, please place a comment below, let’s talk about it.