Which is the Best Trading App?
If you are wondering about what are the best trading apps for iOS, we have listed below six of them:- Schwab Mobile– This is one of the best stock market apps available for iOS devices. There are no minimum balance requirements, no commissions for ETF or stock trades, and no recurring fees. It allows all kinds of investment including requirement and taxable accounts. It also provides support for common investments outside of the stock market. SoFi– This is a great option for beginners dabbling in stock trading. You can sign up easily and navigate through the markets to pick your first stock. There is no fee either for active stock market accounts or managed accounts. There are no commissions for ETF or stock trades as well. It gives access to high-risk cryptocurrency trading but does not offer any support for mutual funds. thinkorswim– This is meant for expert traders who are looking for more advanced resources and investment tools. The accounts come with no recurring fees, no minimum balance, and no commission for stock or ETF trades. The app offers you every option or feature that is available on this website version. Webull– This app also does not require any minimum balance or charge account fees or commissions. ETF, stock, and options trades are commission-free. You may need to pay for wire transfers or margin borrowing but there are no charges if you are just making investments. This app has features like voice prompts to make a quick trade order easily. Betterment– This is helpful for those who want to invest but do not want to pick stocks on their own. When you sign up, you need to answer simple questions about your investment goals, risk tolerance, and age. Based on the same, an expert-designed portfolio will be created for you by investment professionals. This app charges 0.25% for a standard account and 0.40% for a premium account which includes unlimited access to an expert financial advisor. Both accounts will invest funds in low-cost ETFs helping you keep your costs down. Firstrade– This app seamlessly allows the management of the portfolio. You can trade ETFs, stocks, options commission-free from your iOS device directly. Since it is a large brokerage, you are required to open a brokerage account. You can monitor profit and loss in real-time. Investment in stocks is subject to market risk. We would recommend you to check the above-mentioned apps and decide for yourself which is the best trading app as per your requirements. Let us know in the comments section below what are the best trading apps for iOS which you have been using but we have missed incorporating them into the list.
