Gone are the days when trading stocks required getting on the phone and yelling, “Buy, buy, buy!” and “Sell, sell, sell!” Thanks to the magic of mobile apps, you can quickly master the stock market with a few swipes on your cellphone instead of screaming yourself into a frenzy.
Here at Investor Junkie, we’ve looked at a ton of stock broker platforms. And we’ve realized some apps are better than others.
This is our roundup of the best stock trading apps for 2019.
Fidelity has really come out on top lately. The broker blew us away by announcing that it was doing away with minimums and fees. We have a pretty good idea that this decision was spurred on by fee-free apps such as Robinhood, which are geared toward a new generation of traders. However, with Fidelity, not only do you get free trades, but you also get the brokerage’s comprehensive investing and banking services, along with access to high-level research and tools.
We’ve found Fidelity’s mobile app impressive. While logged in, you can see real-time market quotes, read up-to-the-minute news stories, use charting tools to compare stocks and, of course, monitor your entire portfolio. You can also use Fidelity’s banking features to deposit checks and pay bills.
Fidelity’s apps are available for Amazon, Android and Apple devices, including the Apple Watch and even Apple TV.
If you're looking for a one-stop-shop banking and investing service, Fidelity Investments is for you. However, despite its stellar mobile app, the service lacks the functionality of other online brokers.
- Cheap Trades
- Commission-Free ETFs
- Large Selection of Investment Options
- Credit Options Plus Cashback
- Bill Payment
- No Minimums
- Lacks Functionality
- High Margin Rates
We’re big fans of TD Ameritrade. The broker offers a huge menu of investment options, from forex trades to options, to penny stocks Plus, there’s no minimum deposit required to open an account.
TD Ameritrade also offers a fantastic app experience. You’ll find not one, but a suite of apps. There’s the basic Mobile Trading that allows you to do nearly everything you can do on your desktop on your Apple, Android or Windows device. Then there’s the thinkorswim Mobile app, which harnesses the power of TD Ameritrade’s popular platform. The Mobile Trader app is for traders who need powerful functionality.
TD Ameritrade is a popular online stock broker that features low pricing and no minimum deposit. It also offers a generous selection of commission-free ETFs and educational tools that should make it a hit with new investors.
- Commission-Free ETFs
- Easy-to-Use Interface
- Research and Education
- Short-Term Trading Fees With ETFs
Usually, we’re waiting for websites to launch mobile versions. With Robinhood, it was the other way around. The app actually existed before the platform at Robinhood.com rolled out.
With an app-centric business model, Robinhood was designed to appeal to Millennial investors. And it’s a great way to get started trading, given the fact that its basic tier of service is totally free.
With Robinhood, you can trade not only stocks but also options, exchange traded funds (ETFs) and even cryptocurrencies right from your mobile device. Robinhood lacks the bells and whistles you’ll find with, say, Fidelity, but hey! It’s free!
Robinhood is a stock broker with a slick design and appealing price tag -- it's free. Believe it or not, you can also make commission-free options and cryptocurrency trades as well. However, the platform is limited when it comes to functionality.
- Free Trades
- Easy to Use
- Options Trading
- Market News Notifications
- No-Fee ACH Transfers
- No Minimum Deposit
- No Retirement Accounts
- Poor Customer Service
- Limited Functionality
- Not Intuitive
- Potentially Delayed Data
- No Mutual Funds or Bonds
E*TRADE might be the grandaddy of online discount stock brokers, but that doesn’t mean its app is stodgy. In fact, we’ve been particularly impressed with the functionality of its Apple and Android platforms.
With E*TRADE’s mobile device apps, you’ll find all the functionality of the brokerage’s powerful desktop trading platforms at your fingertips. That means access to stocks, penny stocks, options, ETFs, mutual funds, bonds, forex trades and futures, as well as access to tools and research.
E*TRADE may have been a pioneer in the online discount broker space, but it's still one of the best bets for active traders. It has easy-to-use platforms, great customer service, and quick trade execution. However, it's not the cheapest platform on the market.
- Comprehensive Trading Platform
- Best User Interface
- Low Minimum Deposit
- Accommodates Different Investor Levels
- Expensive Trading Fees
- Oriented Toward Active Traders
If you’re just learning how to trade stocks but don’t have a lot of cash, Stash is a good place to start. You can get started in investing in ETFs or individual stocks for as low as $5.
Although there’s a desktop platform, Stash works best as a mobile app.
Stash is a good microsavings platform for newbie investors, with great educational tools and a low minimum required deposit. Unfortunately, its fees run a bit high, making it costly for smaller accounts.
- More Investment Options
- Low Fees on Larger Accounts
- Low Minimum Deposit
- Delayed Trading Execution
- Costly for Small Accounts