You can now do most day-to-day activities from the convenience of your mobile phone, and so can stock trading and investments.
We have interviewed the famous top trader, Lance Ippolito, to share the top mobile trading apps you can access globally. Lance Ippolito is a trader and educator. He develops trading strategies using institutional order flow, volume confirmation breakouts, and market internals.
The details of the interview can be seen below.
THE TOP MOBILE APPS TO TRADE FROM ANYWHERE
No mobile trading app is perfect. They all have their pros and cons, but in my opinion, the top mobile trading apps are;
The E-Trade mobile app is rated 5 out of 5 stars. The free apps allow you access to real-time quotes and ETF and Stock screeners.
The mobile app for this trading platform is also highly rated at 4 out of 5 stars. Traders can trade ETFs, options, futures, forex, and stocks.
The Fidelity mobile trading app is rated 5 out of 5 stars. It offers advanced options trading strategies and streamlined access to investment research.
It also has a specialized Youth Account with in-app access to educational resources.
The Interactive Brokers mobile app is also rated 4.8 stars out of 5. The app provides a wide range of investment assets and availability to Trade on stocks, futures, options, etc.
It has a low commission, margin rate, and many fundamental and technical trading tools. The app is designed for trading locally and internationally.
TradeStation was founded in 1982. The platform is secure because it is regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC).
Investor protection of up to $500,000 per account is available. The mobile app is user-friendly, with great UI/UX designs.
The First Trade mobile app is highly rated and available on Android and IOS devices. Investors can trade across ETFs, stocks and mutual funds.
The eToro app was founded in 2006. It currently has millions of users in over 135 countries. The eToro platform has thousands of stocks, ETFs, and CFDs across various industries.
The app is available and mobile devices and can be accessed from anywhere. It requires no commission, zero rollover fees, management fees, or additional broker fees.
THINGS TO NOTE BEFORE TRADING ON MOBILE APPLICATIONS
Account Opening And Closure Process
Many mobile trading apps provide a seamless process of opening an account. However, it is essential to ensure that closing is also as easy.
Make Sure It Has All You Need
It is crucial that whichever mobile trading app you use has all the features necessary to achieve your desired results.
Fees And Charges
Most mobile trading apps are free to download and install. Two preliminary charges to look out for before using a mobile trading app are Account Maintenance Charges (AMC) and Transaction Charges.
You cannot avoid these charges. However, you can check that the charges are suitable for you.