All That You Need to Know About The Best Stock Trading Apps of 2022 – Stock is essentially a portion of a company’s ownership. When you purchase stocks, you are effectively purchasing a stake in the company.

Traders typically invest in equities to grow more prosperous. The price of a company’s stock rises along with the company’s value. Investors can benefit from this by making money.

If you own shares in a corporation, you may also receive shareholder dividends. Companies typically pay dividends every quarter. These dividends may be paid out in cash or additional shares.

What exactly does a stock trading apps do?

The app’s main features centre on searching, trading, and keeping track of the stocks you hold. You can access stocks, ETFs, and Bitcoin in the application’s free edition, but you must purchase the paid version if you want to invest in and out of mutual funds.

Understanding a Stock Trading App’s User Population

You will be concentrating most of your design, development, and promotion efforts on the following four types of users:

  • Millennials are still deciding if the stock investment game is right for them.
  • Novice investors with limited experience who want to get started in the market right away.
  • Professionals who value their time and prefer a speedy check-in and check-out process.
  • Tech-savvy individuals that desire a central location for all of their data and analytics.

The journey of investing Apps

Investors have profited from the rapid development of technology by having access to more information, transparency, and investment opportunities than ever before. This technical change was initially more pronounced in desktop trading sessions. Brokers have also concentrated on enhancing these experiences, albeit more investors are choosing to use mobile devices. The functionality, usability, and synchronisation of many app and desktop experiences are therefore extremely similar. The provision of the same investment features across all trading platforms is quickly becoming industry standard.

Despite this, it’s unlikely that more experienced investors and active market participants like traders will ever feel entirely at ease switching to mobile-only services. Chart fans will be frustrated by the physical limits of mobile screens, as well as the frequent absence or weakening of many of the more robust features and tools found on trading platforms. Heavy traders in particular frequently want a greater degree of personalization possible only on a desktop platform.

However, for typical investors, the decision to choose a mobile or desktop investment platform now largely comes down to personal preference. Investors who want to buy-and-hold securities or trade sporadically throughout the year can now do so entirely through mobile apps without missing out on much significance. It is amazing how quickly the market transitioned from trading by phone to trading by computer to trading by smartphone.

Mobile vs. Desktop Experiences

A large portion of traders still utilises desktop trading platforms due to the greater trading experience they offer. But because more retail investors only use apps, brokers can’t just concentrate on the desktop experience. Existing established brokers are forced to concurrently develop their desktop and mobile platforms to compete with mobile-first and mobile-only brokerages.

To achieve this, a lot of brokerages have modified their product strategy to concentrate on developing a uniform user experience across various devices. This means that regardless of the platform you are using, you can typically find similar workflows and essential tools. This comes with a trader-specific caveat because, in comparison to brokerages with platforms geared at typical investors, many desktop platforms designed for aggressive traders have to cut out a lot more when shifting to mobile.

However, as smartphone technology has advanced and more brokers are aligning and synchronising important functions such as analysis, research, screening tools, money movement, and charting across both the mobile and desktop workflows, the amount of this feature reduction has diminished. More recently, sophisticated trading techniques that were previously only available on desktop platforms, such as contingent orders and multi-leg options transactions, have also been made available on mobile apps.

Advantages of trading stocks with an investment app

Accessibility is the main benefit of utilising an investing app to trade stocks. Investment and stock trading are now simpler than ever thanks to investing applications that take advantage of quick advances in mobile technology. Like the majority of people nowadays, you probably always have your mobile device with you, which enables you to respond to market changes and keep an eye on your investments in locations where it previously wasn’t practicable. Mobile trading’s convenience has increased the market’s accessibility for consumers of diverse backgrounds, interests, and experience levels. A trading terminal with four displays is no longer necessary. Entry barriers like price and education have been lowered as a result of increased broker competition and innovation in the form of new apps and platforms. With a supercomputer in your pocket, you can trade appropriately while on the go and have access to the same real-time market data.

Disadvantages of trading stocks with an investment app

Even though desktop versions and investment applications are getting closer to feature parity, some investors are still affected by some functionality limitations. In general, you can anticipate that there will be some product differences between desktop and mobile trade experiences in terms of charting and analysis tools. The gaps vary depending on the investing platform and investor preferences. Additionally, some investment apps leave out asset classes or market exchanges that are accessible on the desktop version. The size limits of mobile devices compared to full computer monitors are another drawback of app-based trading. These elements tend to harm active traders the most, but depending on your tastes and trading tactics, they could hurt any investor.

Worried about using a stock trading app?

Anywhere you are, app-based trading allows you instant access to the financial markets. It’s vital to know your objectives, preferences, and investment plan before thinking about investing via a mobile app. Your personal financial history and educational opportunities can also be taken into account when choosing the best trading platform for you. It’s crucial to assess the broker overall rather than just based on their mobile app.

You could discover that certain platforms offer paper-based accounts to experiment without risking your own money as you compare various programmes. You can gain more knowledge by trying out multiple app-based investment options, allowing you to properly compare and contrast features that suit your preferences. All of these elements might help you choose the app that best suits your needs.

Difference between finance apps and investing apps

There are many more financial apps available, and some brokerages include financial app features in their investment apps. Even while you might be able to integrate your brokerage accounts into a finance app, you cannot trade stocks or other assets through those apps. The ability to research investments, check holdings, and place new orders all within an app is provided by investment applications, in contrast. Most finance apps only can show the balance of your brokerage account as part of your overall financial picture.

Main features that you should look for in a Stock trading app

The following are the top three characteristics you should search for in a stock trading app:

  • Minimum balance necessary.
  • Maintenance fee.
  • Reports on market analysis.

Best stock trading apps

To help you out in finding a perfect stock trading app after conducting several surveys here we are up with a list of the 10 best stock trading apps:

  1. Robinhood

By lowering trading costs to $0.01, Robinhood became the first commission-free stock trading app. If they intended to continue to be relevant to retail investors, other companies in the industry had no choice but to follow.

The service allows commission-free stock trading, commission-free ETF trading, commission-free options trading, and commission-free penny stock trading. On either its desktop trading platforms or its mobile app, Robinhood does not support mutual funds.


  • Free commission trading for ETFs, options, and cryptocurrency.
  • Logical user interfaces
  • Mobile and desktop access.


  • Less investing options.
  • Technical analysis tools at a minimum.
  • No Robo-advisor features.
  1. Webull

When Webull began competing with Robinhood for market share in 2018, it entered the field of stock trading. This stock trading app offers commission-free trades on stocks, ETFs, options, and cryptocurrencies in addition to commission-free trades on stocks.

The company offers access to trade on your smartphone, tablet, or PC, like most investing apps now accessible.


  • No commissions for stock trading.
  • Powerful tools for technical analysis.
  • Accessible to novice and experienced users.


  • No Robo-advisor features
  1. NAGA

For those who are new to trading, many brokers may not be the greatest option. Despite having a limited selection of teaching tools, NAGA does provide Autocopy trading for demo accounts. Because rookie traders can mimic the trades of more seasoned traders, NAGA appears to be a wonderful option for both new and seasoned traders.


  • Broad copy trading platform
  • Very savvy broker in social networks.
  • Offers for MetaTrader 4 and 5.


  • Apply Small Withdrawal Fees

A stock and ETF trading app for beginners,, offers commission-free trading. The stock market app is aimed at Millennials and Gen-Zers who are social media savvy and interested in stock market investment.

The company had previously followed the example set by applications like Robinhood by monetizing Payment for Order Flow (PFOF) or getting paid by clearinghouses for sending trades their way. However, they suddenly stopped doing this.


  • No commissions for trading.
  • Order flow is not compensated.
  • Fractional ownership.


  • Few available investing alternatives
  • No tools or research for investments
  1. SoFi Invest

With the help of the stock market software SoFi Invest, you may buy and sell stocks, ETFs, and cryptocurrency.

The well-known personal finance brand just made a foray into the realm of investing by providing free trades on stocks, ETFs, cryptocurrency, and more. Mutual funds and options trading is not available through SoFi.

You have the option to actively trade or to take a back seat and let the service’s automatic investment capabilities function as a Robo-advisor.

Because you will have a variety of investing possibilities, this stock market app may be a smart place to keep your investment accounts.


  • Free of commission trading.
  • No minimum balance requirements.
  • Options for automatic and DIY investing.


  • No functionality for socially responsible Robo-advisors.
  • No harvesting of tax losses.
  1. Betterment

In taxable accounts as well as individual retirement accounts, you can use the Betterment Robo-advisor platform to purchase fractional shares of ETF index funds like the S&P 500.

Instead of allowing you to buy individual equities, the service will automatically deposit funds into tiny portions of ETFs that track an index that is matched with your portfolio’s goals.

This platform’s characteristics make it one of the finest investment applications for beginners, especially for those wishing to diversify their portfolios immediately as they make account contributions.

This effectively positions the business as a stock market for beginner’s solutions.


  • Investment management without involvement.
  • Portfolio with diversification and automatic rebalancing.
  • List of inexpensive investments.


  • AUM cost
  • Limited ability to influence investment decisions
  1. Acorns

For minors and young adults who want to start with a small amount of money in their investments, Acorns is an app.

These consistent payments and rounded-up deposits from your purchases will eventually expand into a bigger portfolio. As a result, the business is called Acorns: they start little like an acorn and grow big like a giant oak tree.

Acorns have no account minimum because most portfolios start with low funds through the programme.

Users of the Robo-advisor micro-investing app must pay a monthly fee in exchange for the Robo-advisor functionality’s ability to offer investment advice. However, when it invests on your behalf, it doesn’t charge trading commissions.


  • A robot advisor with reasonable costs.
  • Model for fixed fees.
  • Round-ups.


  • For modest balances, high fixed costs
  • No choices for self-directed investing
  1. M1 Finance

As the best Robo-advisor on our website, M1 Finance offers commission-free stock and ETF trades as well as automated stock trading based on your specified investment decisions.

The feature that allows you to set up recurring deposits that are automatically put in your portfolio is what we enjoy best about this software.

By automating your investments into diversified portfolios, having a bank account and associated debit card that offers interest rates that beat the market, and having access to helpful personal finance literature, M1 Finance serves as a stand-alone personal finance software that helps you develop wealth.


  • Self-directed investment capabilities in a robot advisor
  • No commissions for trading
  • Substantial cashback offers on the owner’s rewards card.


  • Only a few trading windows
  • Expensive M1 Plus service tier
  1. Stash

Stash is a personal finance app designed for mobile devices that includes checking and investment choices. As an inexpensive, all-in-one financial platform, Stash qualifies for inclusion on this list.

You can actively choose which stocks to trade even though the programme primarily caters to hands-off individuals wishing to automate their investing. All of this is possible when you make purchases and regular deposits into your account.

For actual novices or those who are under 18, Stash provides custodial accounts. Beginning your investment adventure early will help you accumulate true long-term wealth as your profits compound over time.


  • Self-directed investment capabilities in a robot advisor
  • Diluted shares
  • Provides possibilities for investing depending on values.


  • Tax-loss harvesting is not a feature of smart portfolios.
  • Imposes a monthly fee.
  1.  Moomoo

Stocks, ETFs, and options can all be traded on the commission-free trading platform Moomoo. Moomoo differs from other platforms by prioritising use and simplicity. The stock trading platform offers an integrated platform packed with potent tools to improve your trading insights and abilities, catering to both novice and experienced traders.

Moomoo’s AI tools make it simple to perform tracking and research tasks. Additionally, it offers free resources to help you develop your market awareness and understanding, such as 24/7 financial news selected by moomoo’s editorial team and in-depth market data such as Depth-of-Market and Level 2 Market Data. These tools are offered by the trading platform to help investors make wiser investment choices.


  • Level 2 data is free.
  • Strong stock charting programme that is free.
  • Free of commission stock trading.


  • No Robo-advisor features.

Final thoughts

In recent years, there have been more and more possibilities for Robo-advisors and stock trading. Even if more innovation and competition are wonderful for investors, choosing the platform that best matches your objectives can be difficult. We’ve thoroughly investigated these US-based solutions to identify the best platforms across several categories to assist you to assess the best options available in the market.

With more people choosing to handle their money primarily through tablets or smartphones, the emergence of investment applications has coincided with changes in customer preferences. By concentrating on enhancing their mobile app experiences, stock trading and Robo-advisor companies have embraced this transformation. Although desktop trading platforms for brokers have typically had more features and capabilities than mobile ones, the user interfaces and functionalities are increasingly similar. Investors benefit from a more synchronised experience in terms of alerts, watchlists, and updates thanks to the enhanced consistency between mobile and desktop. It also makes managing your money and keeping an eye on your investment goals easier. If you are so worried about choosing the best investing apps you may choose one among the above-listed apps like Robinhood, NAGA etc.

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