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Online stock trading application: the first 4 applications for different types of investors

Since you can do literally anything and everything with your phone or tablet nowadays, it’s not surprising that you can make investments and trade stocks with apps. Why spend a fortune paying a broker to make transactions for you when you can do it yourself? Even if you are not very experienced or knowledgeable, the best online stock trading application platforms come with tips and resources to help you educate yourself better.

You only need one or two good applications to make all your investments. It also depends on the level of experience and trading style.

Here’s a quick rundown of some of the most popular trading apps:

Robinhood

It was launched just before the Robinhood website. It’s free to start using, although you won’t have access to the full range of investments. Recent support for Bitcoin has been added. The interface of the application is intuitive, and the information you need to make decisions is easy to obtain and understand. Robinhood uses only the best security and privacy measures to protect the details and personal assets of investors.

acorns

This is a great choice for beginners. Students can take advantage of the free administration function, and the selected retailers can even receive some “money back”. There are no free surprises and you can make small transactions for only 1 – 3 dollars.

Acorns is not for everyone, especially for more active and versatile traders who want a larger portfolio.

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The good thing about Stash is that it’s not just an online stock trading app – it’s also an educational app that’s designed to help you learn as you go. It allows users to start investing for as little as $ 5 and offers tips on actions that might be right for you as you go. Investments are directed to single actions / TEFs, which are used in various topics, such as “environment” or “innovation”.

Handy trader

This tool is created by Interactive Brokers and is available to Zacks Trade members. If you are unfamiliar with Zack’s Trade, it is an excellent platform for active traders and those interested in foreign exchange. There are a variety of investment options to choose from, including Options, EFT, Bonds, Mutual Funds, etc. To help you make decisions, Handy Trader accepts real-time charts and market data and allows you to place orders either instantly or using an order ticket.

In addition to offering the best online trading application, Zacks Trade and Interactive Brokers offer a web platform for those who prefer to manage transactions on a PC.

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