8 Best Free Stock Trading Apps
Technology has revolutionized the way we trade stocks, making it easier than ever to analyze, purchase, and sell stocks from the comfort of your home or on-the-go. In this article, we will discuss the eight best free stock trading apps available in the market today. These apps offer a user-friendly platform, advanced features, and access to valuable resources, allowing investors of all levels to trade with ease.
Robinhood is one of the most popular stock trading apps, offering commission-free trades and access to cryptocurrencies. The app is designed for beginner traders and has a simple and easy-to-use interface. With an extensive range of stocks and ETFs available, Robinhood users can also enjoy fractional share investing and extensive educational resources.
WeBull offers advanced charting tools that cater to more experienced traders while still maintaining a simple user interface. This commission-free app provides access to over 5,000 U.S. stocks and ETFs and offers features like an in-depth stock screener, paper trading capabilities, and pre-market data.
Known for its social trading feature, eToro allows users to follow successful traders’ portfolios and copy their trades automatically. The app offers a wide range of trading options including stocks, ETFs, cryptocurrencies, commodities, indices, and CFDs for global markets.
4. M1 Finance
M1 Finance is an excellent option for long-term investors interested in creating customized portfolios through fractional shares. The app automatically rebalances your investments as you deposit or withdraw money but does not allow for day trading capabilities.
With a strong reputation in the industry, Fidelity offers a robust mobile app with a plethora of features such as customizable news feeds and watchlists. The 0% commissions apply to U.S. stocks with no minimum deposit requirement, making it an attractive option for both new and experienced traders.
6. TD Ameritrade
TD Ameritrade’s app offers a wide range of research and educational resources, ideal for beginner to advanced traders. With stock and options trading available, users can leverage the company’s extensive charting tools and analytics features to make well-informed decisions.
Public is an innovative stock trading app that allows users to invest in fractional shares and opt into their “social investing” feature, enabling traders to learn from others within the community. They offer 0% commission trades on thousands of stocks and ETFs.
8. SoFi Invest
SoFi Invest is a relatively new trading platform that offers both active and automated investing options for its users. With no commissions on U.S. stocks, users can also benefit from the educational resources provided through their app—ideal for beginners looking to learn the ropes of investing.
For investors looking for the best free stock trading apps, these eight options offer a variety of features catered to various skill levels. Ultimately, the perfect app for you will depend on your unique investment goals and preferences. Always conduct thorough research before making any investment decisions to ensure a well-informed strategy in achieving financial success.