Education Blog by ECA

Top 5 Mobile Apps For Real World Trading

Trading has become one of the new ways of generating income from the comfort of your home. To understand trading, traders need user-friendly mobile apps that are simple to operate. Good mobile apps provide access to real-time trading, market news, charts, and quotes.

TD Ameritrade Thinkorswim

Thinkorswim is the top trading app recommended for active traders. It includes accounts that do not require a minimum balance, and no recurring fee is needed. Thnkorswim also offers various types of investments and accounts. They include rarely supported investments such as E-futures and cryptocurrencies. But it stands out for its contribution by active traders to both professionals and those who want to become experts in active trading.

Thinkorswim gives the same experience across different platforms, whether you access it on mobile or desktop. The app has advanced charts, profit and loss statistics, live CNBC news streaming, advanced trading tools, and chat support where you can get live help from a Thinkorswim trading expert.

SoFi

SoFi Invest is one of the best brokerages in the stock market for new traders. The SoFi app is less robust than other major competitors, but that also makes it easier to understand and navigate if you don’t have a lot of knowledge in the market.

Besides EFTs and stock accounts, SoFi offers retirement and taxable accounts. It also comes with an automated investment platform free of charge and allows you to invest in stock fractions using a product called Stock Bits.

If you are new to the market, SoFi presents a great way to get started with easy access to educational articles on stock account pages.

Fidelity

Fidelity has a variety of investments and accounts that can meet the needs of any investor. Fidelity stands out as a good choice for stock market investors interested in buying and holding long-term stocks.

Trade Interceptor

Trade Interceptor gives traders many choices, including binary options, currency pair trading, and E-futures trading. The visual interface has excellent analysis and technical trading tools, including 100 technical chart indicators. Additionally, Trade Interceptor provides news on the economy and real-time market news updates.

Bloomberg Business Mobile App

Bloomberg’s app has a customizable menu. The app’s viewing feature allows traders to track and analyze their current market conditions in currencies, stocks, joint ventures, commodities, and exchange-traded funds (ETFs). Bloomberg TV allows users to watch live video feeds.

Trading can be risky and frustrating. However, a good trading app can make your experience enjoyable. Choosing the ideal app is very important, especially to beginners. Therefore, thorough research is necessary to find the best application and begin your trading journey.