Trading and accessing client data through mobile devices has continued to rise over the past few years. Today, millions of online traders depend on apps every day. Below are the most reliable apps for trading online in 2017.
Robinhood
This app gives way to stock trading without any commission fee and has no minimum balances for one to trade. It targets young investors with an average user age of 26 years, most of whom are first time traders. Although experienced online traders may be sceptical about its simplicity and its tendency to attract newbies, it uses geolocation to suggest stocks, sharing insight and trends from other users. So far, it has high rated version updates for both Android and IOS, including a fast option for withdrawals and deposits, as well as a line of credit. Using this app is easy as one is simply required to begin by linking their bank account with the stock. The trade is then executed in real-time.
TradeHero
TradeHero It is one of the best apps for new traders who are seeking to hone some skills in stock trading without financial risk and before getting into the real deal. Although real-time trades are not supported, stock exchanges are stimulated across the globe based on the real-time data. Users are given at least 100,000 dollars to develop their virtual portfolios and compete with others. The winners are then offered a cash prize and listed on the leaderboard. Listed participants then get alerts about the performance of their favourite stocks.
Scutify
With this app, users are allowed to build a watch list and discuss a specific stock through articles and tweets. It enables users to post questions and share the latest news about stock activity. Just like twitter, users can follow each other, respond to scuttles and post images. This app offers premium content from financials, as well as professional analysts. One of the best features about it is that it offers sentiment rankings whereby users can talk about a certain stock.
StockTouch
StockTouch lets investors monitor the market in real-time where stocks can be sorted alphabetically by percentage gains, size, and market capitalization. Users can quickly view information about a certain stock by zooming in to get a clear insight into the market trends. This app uses colour-coded heat maps such a green shades that indicate stocks that are gaining value and red shades for those that are losing. Through this app, users monitor price and volume, enabling them to drill into each stock to see market-related stats and news coverage around the world.
CMC Markets
The CMC markets app is an advanced platform that allows clients to trade on the price movements of indices, shares, treasuries and forex, giving the opportunity to profit from falling and rising market prices. The app has customisable watchlists that sync automatically with your web platform. It also has advanced search capabilities where the CMC markets clients can filter products by performance, country and product type over various timeframes.With the app, clients are exposed to product information such as headline spreads, commission costs, trading hours among others.
E-Trade Mobile
This trading app presents an easy to use interface that lets users make quick trades. It features a voice search function that makes it easy for users to locate stocks in real-time. Just like the TD Ameritrade app, E-Trade mobile gives users the opportunity to trade different securities such as mutual funds, ETFs and stocks. Due to the real-time news offered by sites such as MarketWatch, investors get a wealth of information. The E-Trade Mobile app can be accessed on smartphones and also connected to Apple watch.
TD Ameritrade Mobile
TD Ameritrade is a little expensive but is the most popular stock brokerage app for monitoring market trades. It is also known to offer comprehensive research materials for novices as well as professional investors. The app allows the trading of futures, forex, equities, and options. Users have the chance to communicate with other traders through the interactive market calendar. By scanning the barcode of a particular consumer product, users can gather enough details about the company. According to Amazon ratings, TD Ameritrade has been seen to have the lead in the delivery of quality and diversity of experience.
Many online brokers are of the opinion that mobile investing is more than just maintaining a basic watch list or simply viewing a portfolio. Instead, the brokers have worked towards bringing the full trading experience to mobile.
