10 Best Stock Market Apps For Investing! 

How do people buy and sell parts of big companies? It happens in the stock market, a bit like a big online bazaar. Special apps help people trade these “parts,” called stocks or shares, right from their phones. This blog will introduce you to some of the best stock market apps.

Think of these apps as your digital shop to buy and sell tiny pieces of companies. We’ll explain what makes each app special, who it’s best for, and things like fees and minimum money needed to start. Remember, this is just to learn, not to give financial advice. Always ask a grown-up before investing real money.

 

1. Robinhood 

  • Why we like it: Robinhood is known for being super easy to use, even if you’re just starting. It’s like a simple game interface. They also let you buy small pieces of expensive stocks, called fractional shares. Imagine buying just a small piece of a big chocolate bar if you can’t afford the whole thing!
  • Who is it best for?: Beginners who are new to investing, people who want to try with small amounts of money, and those who want to buy fractional shares of popular companies.
  • Fees: Robinhood offers commission-free trading. This means you don’t pay extra money every time you buy or sell. This is a big plus for beginners.
  • Minimum balance required: You usually don’t need any minimum amount to start with a regular Robinhood account. You can start with whatever amount you are comfortable with.

 

2. Stash 

  • Why we like it: Stash is great for learning about investing. They have lots of lessons and information to help you understand how the stock market works. It encourages long-term investing, like saving money in a piggy bank for a long time. They also have a feature that lets you automatically invest small amounts regularly.
  • Who is it best for?: People who want to learn while they invest, those who want to invest for the future (like for college or a house), and people who find it hard to save money regularly.
  • Fees: Stash uses a subscription model, where you pay a small monthly fee to use the app. They have different plans with different features. Check their website for the latest prices.
  • Minimum balance required: Stash usually lets you start investing with a very small amount, which is great for beginners.

 

3. E*TRADE 

  • Why we like it: E*TRADE is a very well-known and established company. They offer many different types of investments, not just stocks. They also have good research tools if you want to learn more about companies before you invest.
  • Who is it best for?: People who are a bit more serious about investing, who want to invest in many different things, and who like to do research before they invest.
  • Fees: E*TRADE offers commission-free online trading for stocks and ETFs. There are small fees for option contracts.
  • Minimum balance required: E*TRADE generally does not have a minimum balance requirement for brokerage accounts.

 

4. NerdWallet

  • Why we like it: NerdWallet is like a helpful guide to all things money. It’s not a trading app itself, but it helps you compare different brokers, bank accounts, and other financial services. It’s a great place to start your research.
  • Who is it best for?: Anyone who is trying to learn about different financial products and wants to compare them side-by-side. It’s perfect for doing your homework before choosing an app.
  • Fees: NerdWallet is free to use. They make money from advertisements and partnerships with financial companies.
  • Minimum balance required: NerdWallet doesn’t require any money to use.

 

5. IBKR Mobile (Interactive Brokers) 

  • Why we like it: IBKR Mobile is a powerful app made for people who trade a lot and want to invest in markets all over the world. They have lots of advanced tools and features.
  • Who is it best for?: Experienced traders who need lots of features and want to invest in different countries. It’s not the best choice for beginners.
  • Fees: IBKR has a complex fee structure that changes depending on how much you trade. They often have very low fees for active traders.
  • Minimum balance required: Interactive Brokers usually don’t need a minimum balance, but some special accounts might.

 

6. SoFi – Banking & Investing 

  • Why we like it: SoFi combines banking and investing in one app. You can manage your bank account and invest in stocks and crypto all in one place. It’s like having a bank and a stock market in your pocket.
  • Who is it best for?: People who want to manage their money and investments together in one app. It’s convenient for people who like everything in one place.
  • Fees: SoFi offers commission-free stock trading.
  • Minimum balance required: SoFi Invest typically does not have a minimum balance to start investing.

 

7. Firstrade 

  • Why we like it: Firstrade is known for having very low fees, which is great for people who want to save money on trading costs. They also offer a good range of investment choices.
  • Who is it best for?: People who are looking for the lowest possible fees and still want access to many different investments.
  • Fees: Firstrade offers commission-free trading for stocks, ETFs, and options.
  • Minimum balance required: Firstrade generally does not have a minimum balance requirement to open an account.

 

8. tastytrade 

  • Why we like it: tastytrade is mainly for people who trade options, which are more complicated types of investments. They have lots of videos and lessons to teach you about options.
  • Who is it best for?: Experienced traders who are interested in learning and trading options. It’s not recommended for beginners.
  • Fees: tastytrade charges a per-contract fee for options trading.
  • Minimum balance required: tastytrade usually does not have a minimum balance requirement.

 

9. Webull 

  • Why we like it: Webull has a modern and easy-to-use design, like a new smartphone with cool features. They also give you access to research and information about the market.
  • Who is it best for?: Beginners who want a user-friendly app and active traders who want good tools and information.
  • Fees: Webull offers commission-free trading for stocks, ETFs, and options.
  • Minimum balance required: Webull usually doesn’t require a minimum balance for a cash account.

 

10. Trading 212 

  • Why we like it: Trading 212 is popular in Europe and is becoming available in more places. They also offer commission-free trading and have a simple interface.
  • Who is it best for?: Beginners and people who want to invest in international markets.
  • Fees: Trading 212 offers commission-free trading for stocks and ETFs.
  • Minimum balance required: Trading 212 often has very low or no minimum deposit requirements.

 

Conclusion: Best Stock Market Apps

Choosing the right stock market app depends on what you want to do and how much experience you have. If you’re just starting, Robinhood, Stash, or Webull are good places to look. If you’re more experienced, E*TRADE or IBKR Mobile might be better. 

Always do your research and talk to a trusted adult before investing real money. This information is for learning only and not financial advice.

 

FAQs:

  • What is the stock market?
    It’s a place where people buy and sell parts of companies (stocks).
  • What are stock market apps?
    They are apps that let you buy and sell stocks from your phone.
  • Are these apps safe?
    Most reputable apps are safe, but it’s important to do your research and choose a well-known company.
  • Do I need a lot of money to start investing?
    Some apps let you start with small amounts, especially with fractional shares.
  • Should I use these apps without learning more? 
    It’s important to learn about investing before you start. 

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