Almost all people already understand the importance of investment, especially in a big country like the USA. Therefore, there are many trading apps in the USA that can help and make it easier for people to invest. For Example, starting Wealthfront, TD Ameritrade, InteractiveBrokers, Tastyworks, and Fidelity.
All of these applications are based in the USA, but some of them can be accessed in several countries. There are many reasons why these five applications are so widely used in the USA, such as low commission prices, complete features, and others. If you want to know more about trading apps in the USA, here is the review.
Recommendations for Popular Trading Applications in The USA
1. Wealthfront
For those of you who are looking for a comprehensive trading app, this is the right app for you. In addition, this application has a friendly and simple interface that makes it easier for you to access it. The app also provides financial guidance, goal setting, account aggregation, and banking options to make it easier for you to use.
In addition, these features make it easier for you to navigate your portfolio. This application allows you to optimize your financial goals and make it easier to control your financial journey only through a smartphone.
2. TD Ameritrade
The various features in this application are neatly arranged and the menu is easy for you to understand. With a simple design, it's no wonder that the US and several other countries use this trading application.
Through this application, you can focus on what investment instruments you need. Then, it will also be easier for you to sell, buy, and monitor the entire portfolio. The app also offers extensive investment and trading functionality.
3. InteractiveBrokers
If you are an active trader, this is one of the trading apps in the USA that you can choose from. You will have access to all available asset classes, from live coin trading to cryptocurrencies. The app also provides a transparent pricing structure with several free trades that will benefit you.
Moreover, a fraction of the cents per share you trade at a maximum cost of 1% of the traded value. There is application analysis and investment research in this application that allows you to find investment opportunities that suit your needs.
4. Tastyworks
For those of you who want to take an active trading role, you can use this application. This is because this application allows you to be able to trade more than just stocks and bonds. Through this application, several types of trading have low fees that will benefit you.
For example, for ETFs, stock options, and cryptocurrencies, the maximum fee is only USD 10 per transaction. So, if you are an active trader who wants to move large amounts of money, you can do so at very low costs.
5. Fidelity
One of the biggest brokers in the USA and even in the world is Fidelity. This is because you can make all your investments through this application. For example, you can open a retirement account, a conventional brokerage account, a savings education plan, and so on.
This application also makes it much easier for you as a novice trader. Moreover, this application does not have a minimum balance requirement and there is no minimum amount for you to invest in mutual funds through Fidelity. Then, this application also allows you to trade split stocks so you can invest at an affordable price.
That's an interesting review about trading apps in the USA that you can use as a reference. All of them have attractive features and make it easy for you to invest in just a few clicks. Although all of these applications are good, choose a trading application that suits your financial condition and financial goals.