Nowadays, trading has become a thing, especially for millennials. Although not everyone has a knack for this, many are willing to try. Moreover, the number of trading app reviews that you can find out there gives some insight.
Yes, now you can trade simply by your phone. You only need to do a few clicks to trade with your trading app choice. For you who are new to the trading world, but wish to learn some, here are the recommended apps with good reviews.
This is a Row of Trading Applications with Good Reviews
1. TD Ameritrade
Among the number of trading app reviews out there, many mentioned TD Ameritrade. The trading app was placed on the top list of free trading apps on the market. Because the app has numerous capabilities for the best UX for trading.
For once, this app has great customer service to help the users. Then, it also has numerous investment types and you can pick what kind of account you want. Yet, this platform could not help you with fractional shares and crypto trading.
2. SoFi Invest
If you don’t think that you can trade actively, then you can try using SoFi Invest. Because aside from active trading like stocks, this app also offers automated one with a robo-advisory service. Also, you can do crypto trading with this platform.
What makes this trading app unique is that it offers traditional trading and Roth IRAs. Another thing that is worth to note, SoFi is designed for an all-around financial community. Thus, aside from trading, there are also loans, mortgages, and many more.
3. E*TRADE
With E*TRADE, you will get two versions of the app, a regular and an advanced one called Power E*TRADE. Yet, even though there are two versions, both are free to use for traders. The difference lies in what kind of trader you are.
If you opt for an easy-to-use app on a daily basis, then the regular one is enough. But if you are an active trader, then the advanced one is better. Because it is completed with real-time technical analysis.
But a good number of Android users filed complaints about the app, yet not with the iOS users. Also, both versions are not equipped with crypto, forex, or fractional share trading.
4. Fidelity
One unique thing about Fidelity is that this app is not a broker-based app. Yet, it still has a high rating with its user-friendly UX. Hence, it has a high rating from its users for its customizable features.
Thus, every user can customize their app for news feeds or seeing stock research. Also, there's an option for checking deposits and paying bills.
5. Wealthfront
For comprehensive money management, you can access it through your phone, you can try Wealthfront. It has an elegant and sleek UI with wholesome features. Hence, you can get finance guidance, investing, and banking options.
Furthermore, the app for both Android and iOS is on par with its desktop version. You would not find much difference in features, function, and navigation experience. Hence, it is designed to minimize data input and typing.
Those are 5 trading app reviews to give you some insight on which trading app to use. Each app has its own advantages and shortcomings. Thus, make sure to pick the best app that can meet all your needs.