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13 Best Stock Trading Apps for Beginners in 2021

Stock Trading is one of the best investments that you can make. With the development of technology, trading also has become an everyday activity. Many investors need to keep an eye on financial values. Stock trading apps play a vital role in this instance. Now investors have able to monitor their work at any time. The stock trading apps have all the tools and features that allow users to get excellent experience. 

Some of these trading apps are free to use. Beginners can learn more from these apps. Some stock trading apps have features to get experience in trading using paper trading features. As a beginner, it is better to have an idea about trading and start investing. You can easily download the stock trading app onto your Ios or Android devices. 


Which stock trading sites are best for beginners?


1) Investing.com

Investing.com is a stock trading platform. Millions of worldwide people use the investing.com app to stay top of the global financial markets. You get two apps on this platform. The typical stock market app focuses on Forex, stocks, and other stuff. The other app features exchange rates, news, and track stuff like Ethereum. You can track currency exchange rates, stock prices, and other prices throughout the day. You can have a free app for Android and Ios devices. It contains ads. But the subscription version of the app has removed ads, and it costs few dollars. 

Website Android IOS

2) Acorns

Acorns is a top-rated stock tracking app. It is one of the best stock trading app for beginners who don’t have experience in trading. You can easily link your debit or credit card to the account. Then Acorns will round up the total purchase to the next dollar and invest the difference into one of a few ETF portfolios. It invests your money in the low-risk portfolio. 

Acorns have three membership plans. The Lite charges $1 per month, and it includes a taxable investment account. Personal membership costs $3 per month. Here, It has been added to an individual retirement account and a checking account. The Family membership plan costs $5 monthly. It allows you to open investment accounts for kids. 

Android IOS

3) Robinhood

Robinhood is a stock trading app with no fees. It is ideal for beginners. You can trade ETFs, trade stocks, options, and cryptocurrencies. It provides free stock for new users when signed up. This app does not levy any fee for ETFs, trade stocks, options, and cryptocurrencies. So active users who make frequent daily trades can save money. The clean app interface in Robinhood helps users to get a great experience. This stock trading platform offers a subscription service called Robinhood Gold.

This service allows you to trade the pre and post-market starting at 9 am and ending at 6 pm. You get access to Morningstar research reports and larger instant deposits. This subscription service informs you when your account has a $2 000 minimum balance. You have to pay $5 per month for Robinhood Gold. One of the Robinhood stock app’s main drawbacks is the lack of sophisticated charting and technical metrics. 

Website Android IOS

4) Fidelity

If you are a beginner investor, then the Fidelity app is the best choice for you. It is suitable for people who are focusing on retirement investments and long-term investments. This app’s tradable assets are ETFs, stocks, mutual funds, fractional share investing, and more. It supports several accounts, including education accounts, brokerage, retirement, and more. 

Fidelity does not charge any commission fee on options trade, stock, and ETF. You need to pay 65 cents flat fee per options contract, $32.95 for broker-assisted trades, and $49.95 for transaction-fee-bearing mutual funds. There are no recurring fees for many accounts. Fidelity app is compatible with iOS, Android, and Amazon devices. You can find intuitive screens to enter trades and track performance in this app. 

Website Android IOS

5) Trading212

Trading212 is a well-known UK-centric brokerage firm. It allows to trade online or using the mobile app. It covers more than 4000 equities across the UK and international market. It also offers CFD trading services. Trading212 provides fractional stocks. So you don’t need to purchase a full stock. You can invest in a smaller amount. Trading212 app has many features. The ‘auto-invest’ feature allows you to set financial goals and view the way your investments perform against objectives. You can become a good stock market investor by going through the study material available in this app. 

Website Android IOS

6) ‎Thinkorswim

Thinkorswim is a stock app for active investors. You can replace the full desktop trading platform using this app. So now you can make a trade with the mobile. This trading app allows you to test your strategies with paper money before moving into real money. So you can know the risk you have to undergo. 

There are many helpful features in thinkorswim that help you access over 300 technical charts and indicators from anywhere. It allows trading stocks, futures, Forex, and Options. You can sync market scans, advanced conditional orders, and alerts with the desktop. Thinkorswim is a commission-free app. You can easily install this app onto your Android or iOS device.

Website Android IOS

7) Webull

Webull is one of the best stock trading apps. There are advanced charting and optional add-ons for advanced quote data for active and expert traders. This app has a built-in paper trading feature or trading paper money for beginners to practice trading virtually. So you can get practice before moving into actual trade with real money. Webull supports brokerage and IRA accounts. The tradable assets are ETFs, options, stocks, and cryptocurrencies. You need to have a $100 account minimum to get started investing. 

This app is for active stock trading. So more portfolio management and research are required. You can use this trading app to buy and hold investments. Less active users will find it difficult to move with this app. Active traders get a more dynamic, research-oriented interface. You will find many features like research agency ratings, free margin trading, short selling, technical indicators, and financial calendars. Webull sends alerts on price level hits, volume levels, or changes. The financial calendar keeps you informed on upcoming iPOs, earning releases, dividend payouts through the app. 

Webull app is free to use. Also, It is a 100% commission-free stock trading app. You won’t charge any monthly user fee or account maintenance fees. It does not charge any commission or contract fees for online stocks, ETFs, or options trades. You will be charged $8 to $45 for wire transfers.

Website Android IOS

8) Charles Schwab

Charles Schwab is another stock trading app for beginners. You can monitor opportunities and place trades from staying anywhere using its app. Schwab app is available for Android devices, iPad, iPhone, and Apple Watch.  Charles Schwab has many features to ease your trading activities. It enables you to get real-time quotes, in-depth charts, and breaking news. The text alerts and push notifications will help you to stay at the top of your accounts and investments. This app allows you to deposit checks in a snap.

Also, the Schwab assistant will recognize voice commands and ease your work. You can buy fractional shares of any company in Schwab. The minimum purchase amount is $5. This app focuses on your security very much. You can log on to the account using fingerprint, facial recognition, or standard passcode. Industry-standard encryption technology is used to secure your data.

Website Android IOS

9) MetaTrader 5

MetaTrader 5 is a stock trade app. So now you can trade Forex and stocks anywhere at any time. This app allows controlling the account, monitoring the history of trades, buying and selling currencies, and exchanging securities. You can download the MetaTrader 5 app on to your iOS and Android devices. This app has many advanced functionalities. Some of them are customizable chart color schemes, secure and fast charts with other traders, and the creation of group chats and channels. 

Website Android IOS

10) eToro

eToro is a stock trading apps with no fees. You get a wide range of tradable assets here. eToro allows you to trade more than 1700 stocks from 17 international markets. Those include leading markets in the UK, US, Canada, France, Germany, Saudi, and more. It offers commodities, bonds, cryptocurrencies, and Forex other than stocks. You don’t need to bother about the protection of your money. FCA and FSCS safeguard it. You can download the eToro app from Apple Store or Google Playstore. 

eToro app is a well-designed, user-friendly app. It gives a good chance for beginners to get experience in investments. More than 12 million client accounts around the world are available here. You can get alerts on trading prices from the eToro app. One of the main drawbacks of the eToro app is that it is not suitable for advanced traders interested in performing technical analysis. 

Website Android IOS

11) Sofi

SoFi is another best stock trading app for beginners. SoFi stands for Social Finance. It offers banking, loans, and investment using the mobile app. You can learn many things from the learning section articles in the SoFi invest tab in the app. The beginners can know more about the stocks by browsing a collection of stocks and funds. 

You need to have a $1 minimum deposit in the account. Moreover, SoFi allows ETFs, cryptocurrencies, stocks, and fractional shares. It supports several account types, including retirement, self-directed and managed portfolios, and cryptocurrency accounts. It does not levy any charge for ETF trades and online stock. But you should spend 1.25% markup on crypto transactions. 

Website Android IOS

12) TD Ameritrade

TD Ameritrade is one of the best stock trading apps for beginners. It is also helpful for casual stock traders to manage their investments. The basic TD Ameritrade app is well designed for both of them. The upgraded thinkorswim app is focused on a professional style experience. A live CNBC feed is available inside this app. A TD Ameritrade brokerage account offers access to both these apps. 

You don’t need to have a minimum deposit here. It supports multiple accounts, including education, retirement, standards, and other types. Moreover, there is a wide range of tradable assets in TD Ameritrade. Some of them are options, ETFs, mutual funds, bonds, stocks, and more. You don’t need to pay any commission for the online stock, options trade, and ETF. A 65 cent flat fee is incurred per options contract. You will charge $25 for broker-assisted trades and $49.99 for no-load mutual funds. 

Website Android IOS

13) E*TRADE

E*Trade is one of the easiest stock broker app to use for trading. It allows viewing of your investments and trades stocks on your mobile. This app helps to manage your account, place orders, and get news and quotes in real-time. E*Trade app users can set alerts and make watchlists for interesting investments. It has features like price notifications, multi-leg options, ETF screeners, and charting tools. 

The tradable securities are Bonds, Stocks, Mutual funds, Options, and futures. All ETF trades are commission-free. Also, it has two apps, namely E*Trade mobile and Power E*Trade. You won’t find some features in the regular mobile app of E*Trade. Also, this app has higher margin rates. It does not integrate with your bank. This app is available for both Android and iOS devices. Here, you can log on to the app using biometric recognition. 

Website Android IOS

Are trading apps legit?


Most of the stock trading apps are legit. You can easily check on the App Store, whether it has scam alerts. Try to avoid trading apps that have scams. 


What is the best free trading app?


It is a very difficult question to answer. There are many good free stock trading apps. Some of them are Robinhood, Webull, E*Trade, and TD Ameritrade. You will find many other free stock trading apps other than the ones mentioned in this list. You have to consider the requirements and features of the app before selecting the best free trading app. 


What app gives you free stocks?


You will find your free stock at Webull, Robinhood, Acorns, Stash Invest, and Public. Many other apps also provide you with free stocks. 


What is the best trading app in India?


You can find the best trading app in India very easily. I recommend you to try one from Zerodha, 5Paisa, Angel Broking, and ICICI bank. 


What are the best stock trading apps in Australia?


There are several stock trading apps in Australia. Some of them are Aaiz, Sharesight Reader, SelfWealth, Simply Wall Street, and Stocklight. You can select the best one from the ones mentioned in this article too. 


What are the best stock trading apps in Canada?


You can choose a trading stock app from Questrade, Wealthsimple Trade, and Interactive brokers. All of them are the best stock trading apps in Canada. 


What are the best stock trading apps in the UK?


If you are a citizen in the UK, you will find excellent stock trading apps. Some of them are eToro, Plus 500, Trading212, IG, and Capital.com. You can select one of these best stock trading apps to start investments in the UK. 


Summary

Stock trading is a good investment. Anyone can start it by gaining knowledge on trading. Several stock trading apps have been introduced to ease the work of investors. Now experienced traders and beginners can monitor trading activities staying at any place at any time. You will find several features that will make trading much easier. These apps send you notifications to keep you updated. 

It is better to check the fees, available account types, tradable assets, and ease of using the platform to select a stock trading app. You can check two or three platforms before moving to one app. Try to choose the best stock trading app to get the maximum use. 


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