Apps for Stock Market Investment
Understanding the stock market takes some time. You can find helpful websites like https://www.insidertrades.com/ to get some good information that will help you. There are also a number of different apps that help the average consumer to invest in the stock market. There are some that are better than others in terms of usability. These apps are very useful because they allow the average consumer to engage in stock market trading. Stock market trading was once reserved only for those who were experienced in the field. We will discuss five of these applications in detail below.
1. Stash
Stash is headquartered in the same major metropolitan as the New York Stock Exchange itself, New York City. This is a major brand in stock market investment. It has been known to help the average consumer generate significant income through trading. You only have to have a small amount of money in order to trade with Stash.
This is a mobile app that can be accessed via a personal computer (PC) or via a mobile device. You can access Stash through your tablet or smartphone. You will find that the program is user-friendly and very much easy to use. As of July 2020, Stash had about 5 million users.
2. Acorns
What is Acorns? This is a mobile-friendly app that allows the average consumer to trade on the stock market. Like Stash, it requires only a very small amount of revenue to deposit into your account. You can trade in mere dollars on the stock market with Acorns.
It is based in Irvine, California, and has 8.2 million users. There are three different types of accounts – Lite, Personal, and Family. These accounts are hosted for a fee of $1, $3, and $5 respectively. The app encourages the user to invest his or her spare change in order to see financial gains. Their motto is, “From acorns, mighty oaks do grow.” This summarizes the basis of their company, which is that investing small change can result in great financial rewards.
3. TD Ameritrade
This is a trading platform hosted by the well-known TD Bank. They are a brokerage firm. They assist customers in handling their stock market trading activities. It is possible to place your stock market trading account in the hands of a skilled TD Ameritrade broker in order for him or her to make all of the decisions about which stocks to invest in.
It is also possible to simply manage your own TD Ameritrade stick trading portfolio online via the website. The business also had an online application that can be accessed from any mobile device. This platform can be accessed from a personal computer, tablet, or smartphone. As long as you can connect to the internet, you can partake in stock market trading on the TD Ameritrade website.
4. E-Trade
This is one of the best known and highest quality trading platforms available to consumers. E-Trade is part of the Morgan-Stanley banking corporation. They were founded some thirty-plus years ago in 1982. Their original home was Palo Alto, California and they are now headquartered in Arlington, Virginia, near Washington, DC.
E-Trade’s online platform is exceptionally user-friendly. It is very simple to use and can be operated by the average consumer. All that you need in order to trade on this website is a bit of technical know-how and research in the field of investing. The portfolio on this website is easy to manage and trades can be performed at the click of a button.
5. Robinhood
This online stock trading platform is mobile friendly. The app can be downloaded to your Google play store or your iPhone. It is similar to Stash in that it is simple to use and can be done with merely a few dollars and cents.
The company was founded in 2013 in Menlo Park, part of Silicon Valley. Those who use Robinhood can trade stocks, as well as cryptocurrency. Robinhood Cryptocurrency is an off-shoot of the Robinhood app where you can trade Bitcoin and more. This application is easy to use for the average investor. You don’t need years of experience in stock market trading to use this app. You simply need a few dollars and a mobile device.