Stock trading remains a thing in 2022 that requires the best apps for trading stocks. Of course, incorporating the best tool for the trade optimizes the chance to harvest a better outcome in the end. It gets a bit trickier to find the appropriate app any trader can use because there are so many of them out there these days. Even the list of the best apps requires a thorough consideration to decide which one to eventually use. These are some of the best apps in this particular field of trading.
Best Apps for Trading Stocks in 2022
1. Wealthfront
Those who are looking for the best trading apps for cryptocurrency in the form of a digital-only experience will need Wealthfront. This app is known as the best-automated app for investing. Thus, it provides a lot of help for both beginners and experts alike. The overall design of the app is sleek and elegant and focuses more on the experience of the users when doing the trade. Even in the mobile version, it remains smooth and straightforward to use. Moreover, the tools are highly comprehensive.
Thus, it is easy to say that Wealthfront is undoubtedly one of the best investment apps out there today. Since the mobile experience is at its best, it is the best one for mobile users. Furthermore, the Self-Driving Money within this app is beneficial for a lot of traders. It allows traders to automate financial matters by incorporating a rules-based approach smartly. Yet, it comes with a pair of setbacks as well. It has no human financial advisors and there are no discounts even for larger transactions.
Read also: Recommended Apps for Stocks Trading for Beginners
2. Interactive Brokers
The next one on the list of the best choice of apps to excel in stock trading today is the so-called Interactive Brokers or IBKR. It is known to perform best for active traders. One of the fundamental reasons is that the mobile version of this app brings almost the entire functionalities of the desktop app. Thus, any active trader can do as many things as possible anywhere and anytime with it. Highly experienced traders who knew TWS very well can use this app at ease in no time.
In terms of its order execution processing, it offers outstanding performance in real-time. Furthermore, it comes with a low margin of interest rates. Nevertheless, few things remain available only on the desktop version. Yet, it is enough to bring the most out of any trader to use the mobile app. Undoubtedly, it comes as one of the best apps for trading stocks. Keep in mind that it may not be suitable for beginners in stock trading due to its comprehensive features and tools.
3. TD Ameritrade
This particular app offers many things to sit on the list of the best stock trading platform. Regardless of the differences in its mobile and desktop versions, it all comes with a deep feature set in both. Even the mobile version of the app is easy to understand in no time. It comes as a dynamic alternative to the mobile version. Its workflow is slimmer in the mobile app. It allows traders to focus on the matter of buying and selling at a specific time. It can be a primary platform for everyone.
All of the updates, charts, and customizations are always synchronized in both the desktop and mobile versions of TD Ameritrade. It allows traders who are frequently on the go to keep tabs on the trading environment. Unfortunately, some of the platforms are only available in one of the versions. Thus, hybrid users of this app can find it rather difficult to optimize their trade only on one of the platforms. Apart from that, this app is a decent choice for traders, especially stock traders.
A bit more about this app, it is also the best one for beginners. It is a common thing for starters to seek out the best apps for seamless stock trading. The wide range of educational tools in the app is the reason it is perfect for beginner traders in the field. More importantly, it comes with easy to use interface as well as learning pathways for starters. So, there should not be any issue for beginners to incorporate this app and start trading appropriately.
Nevertheless, it is crucial to understand that its disadvantages can be quite something to consider. It offers no fractional share trading at all. Furthermore, it comes with low interest on any uninvested cash.
The Final Words
Choosing a particular app to trade stocks is not an easy thing. Moreover, it is impossible to stick to an app since the first time doing the trade. Many inevitable changes produce better apps time after time. At the moment, those are some of the recommended choices of the best apps for trading stocks in 2022. There is no need to be afraid of trying to sue those apps first and decide which one is the best later on.