Ready to start stock trading but not sure where to begin? You’re in luck! Modern stock trading apps make it easy for beginners. These apps have simple interfaces, helpful tools, and allow you to manage your investments from your smartphone. With real-time data, tutorials, and low fees, you’ll have everything you need to trade confidently. In this blog, we’ll look at the best stock trading apps for beginners to help you start your investment journey.
Best Stock Trading Apps for Beginners
1. Robinhood: Best for Beginner to Intermediate Investors
Stocks, Options, ETFs / Crypto
Dec 21, 2023
4.1(481K Ratings)10M+ Downloads
4.2 (4.2M Ratings)
Everyone
English
Robinhood is a user-friendly app perfect for those new to investing. It offers commission-free trading on stocks, ETFs, and options. The app is simple to navigate, making it easy to learn as you go. You can start investing with just a few dollars. Robinhood also provides educational resources to help you grow your investment knowledge.
2. E-Trade: Best for Beginner to Intermediate Stock and Options Traders
Stocks, options, mutual funds
Jan 11, 2024
3.9(42.5K Ratings)1M+ Downloads
4.6 (151K Ratings)
Everyone
English
E-Trade is great for those looking to trade stocks and options with ease. The app offers a range of tools to help you make informed decisions. It has a user-friendly interface that’s easy for beginners to understand. E-Trade also provides educational materials and customer support. You can trade without high fees, making it ideal for new investors.
3. Charles Schwab: Best for Comprehensive Investment Options
Own your tomorrow®
Dec 4, 2023
2.5(25.1K Ratings)1M+ Downloads
4.8 (778.1K Ratings)
Everyone
English, French, Spanish
Charles Schwab offers a wide range of investment options suitable for all levels. The app allows you to trade stocks, bonds, mutual funds, and more. It features extensive research tools and educational resources. The interface is straightforward, making it easy to manage your investments. Schwab also provides excellent customer service to assist you.
4. Acorns: Best for Beginners With Little to Invest
Investing. Banking. Growing
Jan 9, 2024
4.6(295K Ratings)10M+ Downloads
4.7 (883.7K Ratings)
Everyone
English
Acorns is perfect for beginners who want to start investing small amounts. The app rounds up your everyday purchases and invests the spare change. It offers a simple way to grow your money without needing much to start. Acorns also provides educational content to help you learn. It’s a hands-off approach to investing that’s easy to understand.
5. eToro: Best for Social Trading
Trade the world’s top markets
Everyone
eToro is ideal for those interested in social trading. The app allows you to follow and copy the trades of experienced investors. It’s easy to use, making it accessible for beginners. eToro offers a variety of assets, including stocks, cryptocurrencies, and more. The social aspect helps you learn from others and make better trading decisions.
6. Ally Invest: Best for Low-Cost Trading
Save, invest, and manage money
Dec 18, 2023
3.1(26.7K Ratings)1M+ Downloads
4.7 (72.5K Ratings)
Everyone
English, French, Spanish
Ally Invest offers low-cost trading options for budget-conscious investors. The app features commission-free trades on stocks and ETFs. It provides a range of tools to help you make informed decisions. The interface is simple, making it easy to use for beginners. Ally Invest also offers educational resources to improve your investing skills.
7. Betterment: Best for Robo-Advising
Investments & Cash Accounts
Jan 9, 2024
4.7(13.2K Ratings)500K+ Downloads
4.7 (46K Ratings)
Everyone
English
Betterment is a top choice for those who prefer robo-advising. The app creates and manages a personalized investment portfolio for you. It’s perfect for beginners who want a hands-off approach. Betterment offers low fees and easy account setup. The app also provides financial planning tools and educational content.
8. Investing.com: Best for Market News and Analysis
Real time stocks data & news
Investing.com is great for staying updated on market news and analysis. The app provides real-time data on stocks, commodities, and more. It’s easy to navigate, making it simple to find the information you need. Investing.com also offers various tools for technical analysis. It’s an excellent resource for those wanting to stay informed.
9. Stash: Best for Learning About Investing
Simple & Powerful Network Tool
Jan 8, 2024
3.7(103K Ratings)10M+ Downloads
4.6 (252 Ratings)
Everyone
English, Japanese, Korean, Malay
Stash is perfect for those who want to learn about investing while they invest. The app offers a variety of educational resources to help you grow your knowledge. It allows you to start investing with as little as $5. Stash also provides personalized recommendations based on your goals. The interface is user-friendly and easy to navigate.
10. TD Ameritrade: Best for Intermediate to Advanced Investors
TD Ameritrade is ideal for investors with some experience looking to advance. The app offers comprehensive tools and resources for detailed analysis. It supports trading in stocks, options, futures, and more. TD Ameritrade’s platform is robust, making it suitable for more complex trading strategies. The app also provides extensive educational content to help you improve.
11. TradingView: Best for Advanced Charting Tools
From stocks to crypto
Dec 29, 2023
4.7(484K Ratings)10M+ Downloads
4.9 (209.7K Ratings)
EveryoneContains ads Offers In-App Purchases
English, Arabic, French, German
TradingView is perfect for those who need advanced charting tools. The app offers a wide range of charts and technical indicators. It’s suitable for experienced traders looking for detailed analysis. TradingView also allows you to share and discuss ideas with a community of traders. The interface is intuitive, making it easy to use.
12. Fidelity: Best for Research and Education
Investing, Trading, Stocks
Dec 12, 2023
4.4(126K Ratings)5M+ Downloads
4.8 (2.2M Ratings)
Everyone
English
Fidelity is great for those who value research and education in investing. The app offers a wealth of resources, including market analysis and educational content. It supports trading in a variety of assets like stocks, bonds, and mutual funds. Fidelity’s interface is user-friendly, making it accessible for all investors. The app also provides excellent customer support.
13. Wealthfront: Save and Invest
Saving, investing, stocks.
Jan 8, 2024
4.8(6.6K Ratings)100K+ Downloads
4.8 (16.5K Ratings)
Everyone
English
Wealthfront is ideal for those looking to save and invest with ease. The app offers automated investment management tailored to your goals. It’s perfect for beginners who want a hands-off approach. Wealthfront also provides financial planning tools to help you achieve your objectives. The interface is simple and easy to navigate, making investing straightforward.
Conclusion
Starting your stock trading journey can be easy and exciting with the right app. The stock trading apps we’ve discussed are perfect for beginners, offering simple interfaces, helpful tools, and low fees. By choosing one of these apps, you can confidently begin investing and managing your portfolio right from your smartphone. Remember, the key to success in stock trading is to keep learning and stay informed.
Disclaimer
This article is intended for informational purposes only and should not be considered as financial advice. The information provided in this article is based on the author’s personal opinion and experience, and it may not apply to your specific situation. Before making any investment decisions, it’s recommended that you seek advice from a qualified professional. Always do your own research and consider your financial situation and risk tolerance before investing in the stock market. The author and the publisher of this article are not responsible for any losses or damages that may occur from the use of the information in this article.
