Trading apps have changed the game of trading. Remember when you needed a computer to trade? The development of the smartphone has revolutionized trading with the use of mobile apps. Trading apps are available at the click of a button. As a result, you can trade on the go no matter where you are. However, make sure you learn stock trading before jumping into mobile apps.
Apps are the new normal in all aspects of life. As a result, trading companies have adapted to include mobile apps with their platforms. It is important to see what the different mobile apps offer and how well it does at filling orders. Charting can be done on many trading apps.
Many people live active lifestyles. As a result, you're not always available to trade at your computer. The need for mobile apps has always helped to alleviate the need to be at a computer at all times.
In the past, if you could not be at your computer, you could not trade. However, trading has evolved with the changing of technology. Hence the ability to trade on the go with trading apps.
StockTwits is a trading app available to traders. It could be described as Twitter for stock trading. In fact, StockTwits has been around for years as an online forum for traders. It's growing all the time. As a result, it can be noisy.
Many times, having a good stock trading service to turn to can help to filter the noise. This trading app has added trading rooms to their service. However, you do have to pay for any trading rooms you join. Although, you can avoid hearing too much noise being selective with rooms; especially as a new trader.
It can be overwhelming to see the information coming at you at a fast clip. Hence having a good stock market community can help with clarification. Many times pumping of a stock occurs on mobile apps such as this one. It can be difficult to know who to trust.
However, if you've taken the time to learn stock trading, then you won't be fooled by the pumper. Remember, charts don't lie. As a result, never place a trade based off seeing someone's post. Many times, you'll see someone promising that stock XYZ is going to fly. With so much noise do your due diligence.
StockTwits does allow you to keep your finger on the pulse of the market. Trends make for better trading. Trading apps such as StockTwits allow you to have the pulse of traders everywhere. Real time interaction drives excitement to stocks. Traders are hunters of volatility.
Volatility drives price movement. As a result, you can profit (or lose) on a trade based off of the interaction of traders from all over the world. Again, remember to follow people you know are trustworthy.
Read our StockTwits Review to learn more about this social media app for trading.
The Stash App is one of of the trading apps designed for investing. The more you learn stock market trading, the better at investing you'll be. Investing uses the same principles as trading however, with different goals and time frames.
For example, day trading is going to happen all in one day whereas investing is the longer-term option. Our stock market courses are available to teach you different trading strategies, including investing.
A great element to the Stash App is that it's great for beginners. The Stash App allows for hands on training. In fact, this app is designed to help new investors learn as you while knowing where your money is being invested.
Traditional investing is put in the hands of an account manager. Using trading apps like Stash App give you complete control. You're in charge of where your money goes.
With mobile apps such as the Stash App, you can trade stocks, ETFs and bonds all based on sectors. Another thing you can do with Stash App is bundle stocks, bonds and ETF's. Did you know that all you need is $5 to start? They're that reasonably priced.
If you're new to investing then the Stash App is for you. Stash App is geared for new investors who want to learn how to invest on their own. Read our Stash App review to learn more about what you can expect.
Investing.com is a trading app that is awesome for market research right on your phone. You can read articles, watch the market and even trade stocks. We love it here at the Bullish Bears because it's simple and easy to use.
If you've been on our site, you know that we encourage all our members to do their own research before buying a stock. Never place a trade on someone's recommendation without first doing research. That will save your brokerage account.
Trading apps like investing.com allow you to have all the information you need at your fingertips while on the go. Many times, trading has the perception of being hard. As a result, having a way to do research in an easy manner is a plus.
You have access to news as soon as it hits the wire. As a result, if you know something before others in our trading rooms, you can share it and everyone wins. Investing.com is a great tool to add to your bag. With active global forums you'll always have your pulse on the market.
In fact, investing.com has multiple global markets and is multilingual. As a result, anyone can take advantage of what they have to offer. There are a lot of ads however. If you don't want to see any, they do offer a $39.99 a year option. That removes all ads from articles you read.
Read our Investing.com App Review to learn more about them.
Acorns is different than most trading apps. It's a way of saving loose change and in turn, investing it. However, it's all done on your phone. It's taken the old school approach of saving change and cashing it in and modernizing it.
Acorns rounds up purchases made on linked debit or credit cards. The change is added into your Acorn account. In other words, each purchase made is rounded to the nearest dollar. You're asked if you'd like to transfer the difference into your Acorns account. It's a great way to save and invest.
In fact, Acorns has added a retirement option known as Acorns Later. As a result, you can fund an IRA account through them to plan for the future.
If you can provide a valid college email, college students can use the app for free for four years. After that it's a fee of $1 a month on a taxable investment account, $2 for retirement funds and $3 for their checking account.
If you're a college student, struggling to save, or don't want to be active in your investing, mobile apps such as Acorns are for you. It's free to open an account and all you need is $5 to start investing.
Sure the fees seem small, however, they can wipe out any gains if you have a small balance. The fees being taken out each month add up. Hence it might not be a good fit for small accounts. Read our Acorns Investing Review to learn more.
Stockpile is a part of the trading apps family geared for the younger investors. This online broker comes with an usual twist. Stockpile offers gift cards that can be used towards the purchase of stocks and ETFs.
The CEO of Stockpile came up with and implemented this concept. He wanted to give his family gifts that lasted. As a result, he came up with the idea of giving stock gift cards. The more expensive stocks can be pricey so you can use stockpile gift cards towards the purchase of stocks.
You can buy the gift cards on the Stockpile website as well as certain grocery stores and retailers. They have low commission fees. However, they don't offer options trading or mutual funds.
It's important to know that as a broker it's very bare bones. Its main draw is the gift card service.The result can be getting your kids interested in trading with the gift of a stock gift card.
Stockpile is a part of the mobile apps geared toward the younger crowd. As a result, it may not appeal as heavily to the more sophisticated investor. However, it's not complicated which serves its purpose; especially to new or inexperienced traders.
This app doesn't have real time trades, however. Any trade placed before 3 pm will fill the same day. Any trade placed after 3 pm will fill the following trading day. The selection of stocks available through this app is limited. They do have more than 1,000 stocks available.
However, there are thousands available if you use brokers such as ThinkorSwim or Interactive Brokers. Read our Stockpile App Review to learn more about what services that they offer.
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