If you are an investor looking for a stock trading app that can offer you a wide selection of investment resources with the right charges and fees, then you’re on the right page.

Mobile is becoming the best trading platform for most investors. Mobile apps allow you to track your investment anywhere, anytime and for most investors, this means that they can get the latest market alerts and watch their investments whenever and wherever they want.

A great stocking trading app will allow you to buy and sell stocks, get market alerts, follow the price of your trades, transfer funds, and access research and financial advice. While there are many stock trading apps as of today, only a few are able to provide all these features.

We have compiled a list of the stock trading apps that will help you make the right investments and reach your investment goals.

10 Best Stock Trading Apps That You Can Trust

1. TD Ameritrade

try and for good reason. TD Ameritrade offers traders multiple mobile apps with different features that should meet your trading needs.

Its basic TD Ameritrade Mobile app, allows you to trade stocks on your iOS, Android, or Windows device. You can access research and financial advice, get market alerts, and transfer funds through this app.

For experienced investors, the TD Ameritrade Mobile Trader is the best option. It is loaded with more features like charts, analysis and technical indicators aimed at helping you make the right trade decisions.

On the TD Ameritrade mobile platform, you can trade stocks, ETFs, multi-leg options, futures, options, and forex.

However, all these amazing features come at a price. TD Ameritrade charges one of the highest fees in the brokerage industry.  Its margin rates are also higher than other brokers.

Still, it remains one of the best stock trading apps for investors looking to make the right trading decisions and get huge returns.

2. E-Trade

E-Trade offers many advanced trading features that make stock trading quite easy for the active investor. It offers several tools and financial advice to empower investors, especially beginners to meet their investing goals.

E-Trade allows you to invest in preferred stocks, common stocks, futures contracts, options, exchange-traded funds, mutual funds, and fixed-income investments.

To make trading easier, you get automatically populate charts that help you spot potential entry or exit opportunities and a trader service team for support.

While its features could be considered as one of the best in online trading, its pricing plans might put off a lot of investors. E-Trade charges $6.95 for stocks and ETFs. When you make 30 trades per quarter this charge reduces to $4.95.

Charges for options contracts are at $0.75, while future contracts and bonds are billed at $1.50 and $1 respectively.

E-Trade encourages investors to make more trades through its charges which should be fair enough for any active investor. But if you’re a casual investor looking to make a few trades per quarter, then E-Trade might not be the best option for you.

3. Robinhood

Robinhood is one of the best commission-free apps for investors.  By commission-free, we mean that you won’t have to pay any charge when you buy a stock, ETF or crypto.

While Robinhood allows you to invest in stocks, crypto, and ETFs, you won’t be able to find other investment options like mutual funds and bonds on the app.

Still, it remains one of the best apps for automated investing. You can easily create your portfolio or leave it to the app to assign you the best stocks and ETFs based on your investing goals, risk tolerance, and time frame.

Robinhood offers a premium plan to investors looking to make more than just a few trades. On the Robinhood Gold premium plan, you will be provided with access to professional research reports, allowed to make bigger instant deposits and trade on margin.

This premium plan is billed at $5/month. When you get to $1,000, you’ll be charged 5% yearly interest on the amount you use above.

If you’re not interested in margin trading, you can turn it off when you sign up for Robinhood Gold. You can still trade on the platform using its other premium features.

4. Acorns

Acorns is more of a trading app for beginners. After signing up for the service, you will be required to link your bank accounts to the app. When done, Acorns will track your transactions and round up purchases to the nearest dollar.  This is then transferred to your acorns account which you will use to invest.

You can also transfer funds to your Acorns account manually. Once you have funded your account, Acorns will automatically build an investment portfolio of stock and ETFs based on your investing goals and risk tolerance.

Acorns also diversify your investments to increase your chances of making huge returns.

To use the app, you’ll have to sign up for one of their pricing plans. Acorns charges $1, $2, and $3 per month. Each plan offers different features, however, its top plans offer better investment opportunities and provide you with more choices and support.

5. Fidelity Investments

Fidelity Investment is most suitable for advanced or experienced investors. The service recently made all its investment offerings available on mobile devices which should be more convenient for investors who like to track their investments on the go.

Fidelity is best known for its technical support and strives to ensure that investors reach their investment goals. Before you begin trading on the platform, you’ll be walked through the risk of investing in stocks, ETFs or whichever option you are going for.

If you choose to go ahead and invest, you will be provided with a wide range of OTC and pink sheets for trading.

Fidelity also offers an affordable pricing plan. It charges $4.95 which is lower than what many top brokerages are charging for stock trading.

While this app is best suited for experienced investors, new investors can also try it out. The app provides several features and games geared towards teaching new investors about finance and investment management.

6. Charles Schwab

211 Main St. Branch – SF, CA, USA

For $4.95 per trade, Charles Schwab provides you with access to Over the Counter Bulletin Board (OTCBB) and pink sheet stocks.

Swabb offers a wide selection of investment products that will help you build a diversified portfolio. On the platform, you can trade on mutual funds, ETFs, options, futures, closed-end funds, fixed-income investments (bonds and CDs), money market funds, and foreign securities.

The platform also provides you with several tools and resources to make trading easy. Through its tools, you’ll be able to save on investments, get fact-based guidance on stock trading, and enhance your trading skills.

As said earlier, Swabb charges your $4.95 per online equity trade. You won’t be charged any transaction fees or mutual fees while trading. Also, your account isn’t restricted to any deposit minimums and you get 500+ commission-free ETFs that will encourage you to make more trades.

Schwab runs one of the best customer services among online brokerages. Also, it doesn’t charge you a dime to work with any of their financial consultants.

7. Merrill Edge

Merrill Edge is an online trading platform provided by Bank of America Securities. The app offers similar investment products as found in other stock trading apps. On the app, you can trade on stocks, fixed income investments (treasuries, corporate bonds, municipal, and CDs), ETFs, mutual funds, options, and several other investment products.

Merrill offers several features and options for investors looking for a suitable platform to trade stocks. When you sign up on the platform, you’ll be offered $600 for trades (this is only available for new investors who have funded their Merrill Edge Self-Directed account).

On the Merrill Edge app, you can choose to invest yourself or get an investment portfolio balanced by Merrill investment professionals or team up with an advisor that will direct your investments and help you reach your investment goals.

As a self-directed investor, you will be charged $6.95 per trade which is quite high, but you won’t be required to have a minimum investment amount.

If you allow Merrill investment professionals to handle your investments, you’ll be charged a 0.45% annual program fee based on your balance, however, you will be required to make a minimum investment of $5,000.

To team up with an advisor, you will have to make a minimum investment of $20,000. You will also be charged a 0.85% annual program fee on your balance.

All Merrill Edges charges are eligible for discounts that are based on your trading activities.

8. Ally Invest

Ally Invest offers similar stock trading features as seen in other trading apps, however, you might be drawn to this app due to its low fees on trading. While other apps will charge you $4 – $7 per trade, Ally Invest only charges a commission of 65 cents when you trade $4.95 on a certain option. This is far lesser than the pricing plans offered by many top brokerages.

New users also get 90 days of commission-free trades and 500+ commission-free ETFs. On the platform, you can either handle your own investments as a self-directed trader or you can take up a robo-advisor that will manage your investment and help you identify profitable investment options.

With Ally Invest, you get great user experience and several tools that aim to make investing in stocks easier. Also, you wouldn’t have to worry about advisory fees, annual charges, and rebalancing fees when you’re using this app.

9. M1 Finance

Rather than charging you commissions for trading or taking a percentage of your account balance at the end of the year, M1 Finance offers a completely different pricing plan and more tools and resources that make investing a little less complicated.

M1 offers a free plan which should be good enough for new investors looking to try out a few trades. If you want to get more features and tools, you will have to upgrade to its M1 Plus plan.

On its M1 Plus plan, you get 1.5% APY checking, 1% cashback on any purchase with your M1 Plus Visa debit card, 2 daily trading windows, and a 0.25% discount on M1 Borrow.

The M1 Plus plan costs $100 and although the features of this plan might be good enough for most new investors, experienced investors might find its 2 daily trading windows very restrictive.

On all its plans, M1 Finance provides you access to over 6,000 stocks and ETFs through which you can build your own custom profile (or custom pie). You can choose from any 100 Expert pies offered by the app. The portfolios offered by the platform including different types of stocks tailored to meet your investment goals and risk tolerance.

10. Stash

Stash is a great stock trading app for new and experienced investors. Its pricing plans are quite affordable compared to the offerings of other brokerages. Also, it offers just about the same tools and features you can find in other stock trading apps.

On Stash, you get access to over 30 different investment options and investment guidance that will help you make the right decisions. Before you can make an investment, you’ll be required to connect a checking account. The minimum investment amount is $5, also, you will be given access to fractional shares which make investing for small-time investors possible.

Stash charges a monthly fee of $1, with no commissions or management fees. New investors get to use trade for free on the app for the first month. Once your account reaches $5,000, you will be charged 0.25% of your account balance per year.

Wrap Up

These stock trading apps have similar features and pricing plans, but not all of them are great for every investor. We’ve provided you with all the options you should consider when you decide to trade stocks online. You can check out their fees and features and choose the one you think will be best for you.

If you need guidance on trading, you can check out these stock trading guides and investment guides that will help you make huge investment returns even on high-risk investments.