13:52 05 February 2019
The stock market is a great way to passively increase your income and/or your savings, but nearly half of Americans don't own any stocks!
We get it. The stock market is intimidating. How does any of it work? Where do you buy stocks? You may not know the answers to these questions. Thankfully though, we now have a preponderance of stock trading apps that make the process of buying and selling stocks, or managing your various retirement funds very simple.
But which is the best stock market app? Keeping reading to get some suggestions.
Robinhood is a great app for stock market rookies looking to get their feet wet with small-time investing. If you don't have a large amount of capital to invest, Robinhood is great because it allows you to invest without paying any fees no matter what your budget is.
It also has a very easy-to-use interface and lets you track individual stocks you're most interested in.
For advanced traders, thinkorswim is a great mobile option for you. This app allows you to trade stocks, as well as options, futures, and forex currencies in real time, thanks to its partnership with TD Ameritrade.
The app also comes with a large news and education section, and also allows you to use fake money to practice with, assuring your future financial success.
If you bank with E-Trade, then E-Trade Mobile should be your one-stop shop for anything related to your finances. Through the app, you can invest in individual stocks, ETFs, and mutual funds.
The app provides you with all the charts and company information you need to make the right decision, too. Lastly, you can also manage your bank account balances and pay bills through the app as well.
If you're looking for a simple to just track Stock Market News related to the Dow Jones and NASDAQ, as well as other international exchanges, then Stock Quote should be your app of choice.
The app provides you with a bevvy on information from various financial news outlets and also gives you earnings reports from any company the app tracks.
To personalize your experience, the app also gives you the ability to create a portfolio of stocks and track them individually.
If you already have an investment account open, then Personal Capital Finance can sync your account with their app and you can manage your holdings straight from your phone.
From there, the app can also measure your the growth of your holdings against major market indices, which allows you to accurately evaluate your investment strategies.
Which Is the Best Stock Market App for You?
Whether you're looking to start trading or manage your existing holdings on the go, one of these programs will be the best stock market app for your needs. We guarantee it.
If you're looking business news or advice, be sure to check out the Business section of our site. You'll find everything you need right there.