Stock trading apps are those that allow you to track the accounts and trade from anywhere directly from the mobile device. There are several new features that come in the trading app. These are a management tool for additional money, daily market news, customized home screens, and many other features.
Accessing the financial markets is not an easy task, and you may need a perfect platform for it. We had done a lot of researches to find the best trading apps. In this guide, you will come to know about the best stock trading apps and their features, pros, and cons. It will help you to choose the right one for trading. Let us discuss the best stock trading apps that you need to know for trading.
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Robinhood
The trading app comes with a lot of interesting features, and the best part is that it is free to use. It is available both on iOS and Android devices. The app is designed in such a way that you will not find any trouble in trading.
- Features
- Order management and trade execution
One of the best features of the Robinhood is that they offer the best trade execution options. You will come to know about some of the order management features which will allow you to manage your investments in the company.
- Information related to market
You will get all the information related to the market, and it will be great for you to know about them. It will help you to know which company you need to invest your money.
Pros
- Two-step login
The best part of the app is that it comes with two-step login. It means that your data is protected and no one can access your account with your permission.
- Confirmation
The app will give you the confirmation of the order done by you. You will see an option of the confirmation before checking out.
- Search function
Another great part of the Robinhood app is that it offers great search function. It means that you will not get any trouble in finding the various trading options.
Cons
- No Interactive charts
The chart option in the app is not advanced, so it does not offer great interactive features.
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Saxo bank
It is also best for stock trading as it comes with awesome research tools. There are some options for choosing between different languages. You can find the app both on iOS and Android, and it is free to download.
Features
- Profile management
The great feature of the app is that it will help you to create the best portfolio easily. Moreover, you will get an option for editing the profile.
- Performance indicators
This feature will help you to know about performance and how you can increase the output. It will be great for you to use this feature to know about your position in trading.
Pros
- Order types
There are a huge variety of the order types to help you in choosing the right one for the trading.
- Search function
When it comes to search for the trading options, then this one will offer you a great search function for finding the right one.
- User-friendly
The Saxo bank trading app is user-friendly, which means that you will love the user-interference.
Cons
- Nothing like two-step verification
You will not find anything like two-step verification in this trading app. the two-step verification is necessary for protecting your data and account.
- Fundamental data not present
You cannot check the fundamental data in the app, and it is essential for tracking all the data related to the account.
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IG
It is one of the best trading apps for CFDs and Forex trading. You can go to different levels of trading. It can be easily accessed from both the apple store and play store.
- Features
- Interactive chart
There is an interactive chart offered by the app to know about the position of the stocks.
- CFD trading and forex
The best part of the app is that it offers both CFD and forex trading.
- Pros
- Well-designed
It is designed in such a way that anyone can use it easily.
- Two-step login
Another great thing about the app is that it offers two-step verification for protecting the account.
- Cons
- General feed
You will not find anything like the news feed in the app.
In my opinion, these all are the best apps that you need to know about when it comes to stock trading. It is up to you to choose the right one for your situation.
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