The Best Brokerage App depends on one's trading style. For example, the Most Experienced Trader wants to be able to reach out to the most investors, while the Swing Trader wants a platform that is easily navigated. Which of course are just variations of who you are, and how your personality factors into your trading style. In other words, which broker you choose depends on you!
If you are a beginner then your best brokerage app should be one that is designed specifically for beginners. There are a plethora of apps available for both the iPhone and the iPad, from the very simple to the extremely complex. Some are free, some have minor fees and some even charge a small monthly fee. But in my opinion, the best stock trading app for beginners is one called TradeStation investor.
This is because it provides all the best features for analyzing stocks, as well as the best brokerage app feature to date – the full-screen video analysis tools. I don't know if it's the graphics or the simplicity, but the trading videos that come with the app are the most informative and visual tools you can use. I recommend watching them at least three times, first as a beginner. Once you are more confident with the market, you can make full use of the video analysis tools in the analysis tab on the home screen. The videos will provide you with very detailed information, and help you invest in Forex and/or stocks using technical and fundamental analysis tools.
Another important factor in choosing the best brokerage app for beginners is the security of using an app for free on your iPhone or iPad. Rob Booker's Doubling Stocks is a great app for beginners, providing low-cost stock picks from his extensive research database. As well, it is free to download and provides great value with its simple layout, excellent security options and low cost per stock pick.
For most people though, the best option for learning trading stocks and investing is by hiring a professional stock trading advisor. These advisors offer up-to-date and reliable picks from a large pool of experts. Some of these stock trading advisors charge a small monthly fee. They also offer valuable advice on how to invest in individual stocks and how to choose your own trading style.
These advisors are recommended for most intermediate-advanced traders. For intermediate-advanced investors, stock trading platforms such as TradeStation or Quicken may be ideal. These platforms have many analytical tools that are especially useful for traders looking to improve their investment results. These types of investing apps include trend analysis tools, moving averages, moving average convergence divergence (MACD), and RSI indicators.
The most popular stock trading platforms out there all include these powerful analytical tools. If you're a beginner looking to get started with investing, then there are many good free stock trading platform apps available. One of the best ones for beginners is the TradeStation Money Market. This trading platform is easy to understand and use, even for beginners. In fact, beginner traders can start trading right away on this free stock trading platform. There are other great money trading platforms out there that are also free to download for beginners.
Finally, for intermediate-advanced traders, there are a few excellent online trading platforms that are available for free. These include eToro, FAP Turbo, TradeStation Forex and Super Trader Pro. These apps offer advanced features and analytical tools that are especially helpful for those new to online investing and online trading platforms. Before downloading an investing app, make sure it fits your needs!
