Download Stock Trading Apps for Free – So many beginners out there are trying to learn “trading” but they don’t know where to start. Well, if you are the one of them, then you must find the right platform for trading in order to get the maximum result. In this article, we’ll discuss about 10 best stock trading apps for beginners that you can try so that you won’t get confusing when using the platform.
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First of all, what you have to remember when jumping into stock trading is you need to understand the risks. All platform have their own risks, you can’t avoid the risks, the thing that you can do is how to optimize the risks and focus on gaining profit. But I’ll explain that in the different article soon. Let’s focus on the platform first.
10 Best Stock Trading Apps for Beginners Install for Free
1. Webull
Webull is a stock trading application that was launched in 2018. The uniqueness of this application is that it offers multiple stock trading that supports multiple payment options and commissions such as the use of cryptocurrencies.
Webull can be accessed via a smartphone or desktop so that it can make it easier for you to trade in it without needing to hesitate. In addition, Webull has many advanced features that can help you to do a more in-depth analysis when you want to trade stocks well.
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You can also learn about Webull’s features for free first if you don’t want to take the plunge too deep. By studying them in advance, you can make more informed decisions when you want to buy stocks later.
2. Robinhood
In recent years, Robinhood has become one of the most prominent applications in the world of stock trading. One of the advantages of Robinhood is that it does not require users to pay a fee when they trade for stocks and cryptocurrencies. As we know, usually the fees required for each platform are quite large, therefore, this application has become a favorite application among brokers.
On the other hand, Robinhood also has a very responsive and user-friendly application display. Even though it is used by new users, this application is very suitable because novice users will immediately understand its features. Then, Robinhood also has many payment options that can be done such as credit cards or e-wallets such as PayPal.
3. Public.com
Alright, Public.com is a stock investment application that is free of fees or commissions which beginners can use if they want to trade stocks and ETFs easily. What I like most about this platform is, you can start trading stocks with just $1. Of course, this is suitable for students who want to learn about stock investing easily.
There are also many bonuses that are often given every month on this platform. If you are confused, you can read the resources owned by public.com where their articles are very complete on how to start investing in stocks that are easy for beginners and minimize risk properly.
4. Acorns
Just like other platforms, Acorns is also a stock trading application that is very user-friendly, especially for leaders. This app has an excellent feature called Robo Advisor. Robo advisor is a program created to determine the profile of investors according to their interest in investing.
For example, if you are not afraid of losses and focus on profits, maybe almost 70% of your investment funds will be allocated to volatile stocks and vice versa. My advice, if you are just starting out, then take steps where you prioritize losses and profits in a balanced way, so that later you will get safe investment recommendations from the Acorns Robo Advisor.
5. Stash
Stash is a multi-featured stock trading app that claims to be an all-in-one financial platform that doesn’t cost a lot of money. For those of you who are beginners who want to use this application, you can read an explanation of each stock to be purchased, see how the prospects are, as well as the portfolio.
You can choose the type of stock you want to buy easily, in the sense that you can choose it manually or automatically through their program. If you already have sufficient information about the shares to be purchased, then you can select them manually so that you can get the shares you want.
For the rest, you can also check these stock trading platforms:
- M1 Finance
- SoFi Invest
- Betterment
- Vanguard
- Fidelity
You can get the download links through Playstore/AppStore for mobile, and just visit their official website if you want to install the app to your desktop or computer 🙂
What’s The Best Stock That You Need to Buy?
If you’re looking for the best stock that you’d like to buy, make sure you already do some research first about the stock. For example, I’d like to buy Chipotle Mexican Grill Stock because I know the prospect, and doing some analysis when the stock is going down and up. This is the stuff that you have to do before buying the stocks, so from now, just do some research, gather all information, and decide wisely.
That’s all folks about best trading apps for beginners, should you have any other recommendation, please leave a comment. If you want to know more about this topic, you could search the keyword on search engine by using these keywords below:
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