Stock Buying App [EXCLUSIVE]
The best stock trading apps offer the ability to buy and sell shares of stocks and ETFs with no commissions. They also allow you to research investments, track your portfolio, and easily enter orders to buy or sell.
stock buying app
To make our selections, we considered pricing and fees, investment options, account types, investment platforms, investment research, and educational resources. If you're looking to invest outside of stock trading, see Insider's picks for the best investment apps.
We consulted financial planners, investing experts, and our own wealth-building reporter to inform our picks for the best stock trading apps. You can find the full transcript of our interviews with these experts at the bottom of this page.
We're focusing on what makes a stock trading app and brokerage account most useful. When weighing different apps, it's best to consider pricing, investment choices, account types, and investment research resources.
The best stock trading apps come from brokerages that offer low-fee accounts and feature-filled mobile trading platforms. When compiling the best investment platforms for stock trading, we considered pricing, available investments, account types, and investment research resources. We reviewed more than a dozen platforms.
Charles Schwab's Schwab Mobile is a strong all-around choice for stock traders. It comes with no account minimums and no recurring fees. You can choose between just about any type of investment account you would want and most types of investments. And for stock trades, the app is well-rounded for both beginners and experts. Schwab also offers a no-fee automated adviser, Schwab Intelligent Portfolios, but you'll need at least $5,000 to get started.
The mobile app makes it easy to view your accounts, positions, and balances. You can view market indices and news, research stocks, and enter an array of trade types from the app. One of its features, the Schwab Assistant, gives you voice control to make trades, get quotes, set alerts, and get answers to questions about investments.
TD Ameritrade's thinkorswim is a top stock trading app for active traders. TD Ameritrade features accounts with no recurring fees and no minimum balance. It offers a diverse range of accounts and investments, including some investments that are less commonly supported such as futures, forex, and cryptocurrencies. But it stands out for its active trader offering for both experts and those looking to become experts in active trading.
SoFi Invest is one of the best stock market brokerages for new traders. SoFi's app is less robust than some larger competitors, but that also makes it easy to navigate and understand if you don't have as much experience in the markets.
SoFi Invest offers taxable accounts, retirement accounts, and a more limited set of investment choices. But stocks and ETFs are well represented. SoFi also offers a no-fee automated investing platform, and it lets you invest in fractional shares through a product it calls Stock Bits. In addition, SoFi has now launched options trading.
The stock trading section of the SoFi app offers basic fundamental information and recent price charts for supported investments. Beginners will enjoy browsing through groups of stocks by category to get ideas for how to invest. The app also includes education articles accessible from stock account pages.
If you are brand new to the markets, SoFi offers a way to get started with a small investment and no fees. That's a good combination for learning how to trade stocks. Plus, you can dabble in cryptocurrency trading with more than 27 different cryptocurrencies if you're looking to diversify your portfolio outside of stocks. Crypto transactions will cost you 1.25% each, though.
You can trade stocks without commissions here, and Vanguard offers margin accounts (these accounts let you borrow money to buy more securities) and commission-free options trading for more advanced investors. You'll have to apply for margin trading, though.
Fidelity offers a wide range of accounts and investments that could meet the needs of virtually any investor, but it stands out as a great choice for stock market inventors looking to buy and hold for long-term goals like retirement. It offers a wide range of investing products, including fractional shares.
In addition to common tools that allow you to research and trade stocks, Fidelity offers apps and tools to help you reach retirement goals and other long-term plans. For example, the Fidelity Spire app is a goal-oriented app that encourages good saving and investing habits to reach the goals you've specified.
For expert traders looking for a slick, Wall Street-style trading platform, Interactive Brokers is a great choice. Sometimes called IBKR for short, Interactive Brokers offers multiple types of accounts, including ones that work well for retail investors all the way up to professional and institutional investors. It gives investors access to a very wide range of assets including, of course, stocks.
With Ally Mobile, you can view your investments and enter stock trades with just a few taps. The app includes basic research and charting, recent news, and the ability to quickly enter a trade. It doesn't have as many bells and whistles as some stock trading apps, but it covers the basics and makes it easy to trade for a very low cost.
Plus, investors who prefer automated portfolios might be excited to know that the Ally Invest Robo Portfolio has a $100 minimum and no advisory fees. The only catch is that it doesn't allow for DIY stock trading; it primarily uses ETFs. The account also automatically sets aside 30% of your portfolio as cash to protect you against market volatility.
[The advantage] is being able to have the research you need to make that decision. Look for the app that's going to give you enough of the information that you need to be able to make a wise decision when you're trading stocks.
The best stock market apps need to stand out across all categories: They must be easy to use, have excellent design, deliver a fully featured online trading experience and, not least, offer $0 stock and ETF trades.
For our 2023 Annual Review, we meticulously tested 24 top stock trading apps from 17 brokers and reviewed each one across more than 25 different features. To score high marks, a broker had to provide an excellent stock trading experience across many usability categories. Testing was conducted using an iPhone 12 Pro (Apple iOS).
In our 2023 Review, E*TRADE once again ranked among the best because its apps are easy to use and feature-rich. Our recommendation: use E*TRADE mobile for stock trading and Power E*TRADE Mobile for options trading. Read full review
Features such as real-time streaming quotes, charting with multiple indicators, and synced watch lists are commonly found; other basic offerings might be missing in action. For example, fewer than 50% of stock apps support basic stock alerts.
Interactive Brokers is a perennial standout for its powerful flagship platform, desktop-based Trader Workstation. It offers three apps: the flagship, do-almost-everything IBKR app, GlobalTrader, which caters to beginner global stock investors, and Impact, which focuses on environmental, social and governance (ESG) investing.
IBKR Mobile, though perhaps not best suited for beginners, puts just about any tool or feature an investor may want at their fingertips. Highlights of the app include lightning-quick streaming data, full-featured order entry, portfolio management, and robust charting, with 70 optional indicators and easy customizations. One puzzling drawback is that stock alerts cannot be delivered via push notification and come via email instead.
In our extensive analysis of brokers for 2023, we found the best free stock trading app, as well as the best app experience overall, to be that of TD Ameritrade. The broker offers $0 commissions on trading and two powerful apps: TD Ameritrade Mobile and the powerful thinkorswim app. See our full review of TD Ameritrade.
For beginners in 2023, the best stock trading apps are TD Ameritrade and Fidelity. Between the two brokers, TD Ameritrade has the edge for educational resources and trading tools. Meanwhile, Fidelity stands out for ease of use.
Now that almost all stock apps offer $0 stock trades, we recommend comparing other features to choose the best stock trading app. The most widely used stock app features are watch lists, stock charts, and order tickets, so make sure those are great. To help readers, we include full screenshots of each stock trading app in our broker reviews.
Fun fact: Not all stock trading apps offer real-time streaming quotes. Instead, some apps only refresh stock quotes every few seconds or longer. Watch lists aside, apps like and TradeStation provide excellent stock chart tools and stock alerts functionality. Both brokers offer traders access to several hundred technical indicators in addition to endless customization options.
Yes. Nowadays, most online brokers offer no minimum deposit to open an account, commission-free stock and ETF trades, as well as the availability of fractional shares. As a result, new traders can start trading with a small investment such as $100. To compare features and pricing, use our online broker comparison tool.
Your level of experience with investing and your areas of interest in stock trading will help you identify the best investing app for you. Based on our extensive testing by industry professionals, here are StockBrokers.com's recommendations:
We thoroughly tested key features including the availability and quality of watch lists, charting, real-time and streaming quotes, stock alerts, and educational resources, among other variables. We also look for a fluid user experience moving between mobile and desktop platforms, where offered. Testing was done primarily on an Apple 12 Pro with the most current iOS.
In this review, we are focused on investing apps rather than finance apps. Investing apps allow you to actually buy and sell assets and, in practical terms, are the apps provided by brokerages to trade in your account with them. There is a wider universe of financial apps out there, and some brokerages also offer finance app functions through their investment apps (i.e. external account syncing with financial analysis on your total holdings). The key difference with a finance app is that you cannot trade stocks or assets through those apps even though you may be able to sync your brokerage accounts to the app. In contrast, investment apps enable you to research investments, check positions, and place new orders, all without having to leave the app. Finance apps generally stop at being able to display your brokerage account balance as part of your overall financial picture. Some of the most popular financial apps are budgeting apps, and we review these separately from our investment app reviews. 041b061a72