Best overall: Charles Schwab
Why Charles Schwab made our list:
Charles Schwab’s Schwab is a strong all-around choice for the mobile stock market like stock market news. It comes with a minimum account and a recurring fee. You can choose between any type of investment account and most types of investments. And for stock trades, the app is well-rounded for both beginners and experts. Schwab also offers a free auto consultant, Schwab Intelligent Portfolio.
The mobile app makes it easy to see your accounts, positions, and balances. You can view stock market news, research stocks, and enter a variety of trading types from the app. A new feature, Schwab Assistant, gives you voice control to trade, quote, set alerts, and acquire answers to investment questions.
Best for active traders: Thinkorswim.
Why thinkorswim made our list:
Thinkorswim is an advanced stock trading app for active traders. TD Ameritrade has accounts with no recurring fees and no minimum balance. It offers a good range of accounts and investments, including some investments that are less commonly supported, like futures, exchange, and cryptocurrency. But it stands for its active trader offer for both experts and people who want to become active trading experts.
TD Ameritrade is the flagship active trading platform Thinkerswim. Thinkorswim gives you an almost identical experience wherever you log in, including desktop or mobile. It includes advanced charting, trading tools, profit, and loss calculation, a live CNBC Newsstream, and chat support where you can get direct help from TD Ameritrade Trading Expert from within the app.
Best for beginners of stock market: SoFi.
Why Sufis made our list:
Sufi Invest is one of the best stock market brokerages for new traders. Sophie’s app is less robust than some of its major competitors, but it also makes it easier to navigate and understand if you don’t have much experience in the markets.
Sophie offers a limited set of taxable accounts, retirement accounts, and investment choices. But stocks and ETFs are well represented. SoFi also offers a free automated investment platform and allows you to invest in partial shares through a product called stock bits.
The stock trading section of the SoFi app provides basic information and current price charts for supporting investments. Investors will enjoy browsing through stock groups by category to get ideas on how to invest. The app also includes educational articles accessible from the stock account pages.
Best without any commission: Webull.
Why Webull made our list:
Webull may be a new investment platform that has made a splash within the active trading market. It offers completely commission-free investment for stocks, ETFs, and options. You can pay for advance data subscriptions or margin loans, but most users will not pay a fee when using Webull.
The Webull mobile app is designed for active stock market traders, although passive investors can certainly benefit. The app features a community section that interacts with other traders and learns more about different functional investment strategies. It takes a couple of minutes to urge familiar with the interface, but it’s manageable.
Best for long-term investment: Fidelity.
Why Fidelity made our list:
Fidelity offers a good range of accounts and investments which will meet the requirements of virtually any investor, but it’s an excellent choice for stock exchange inventors to realize long-term goals such as retirement. It offers a wide range of investment products, including partial shares.
In addition to the common tools that allow you to research and stock market news, Fidelity offers apps and tools to assist you to reach retirement goals and other long-term plans. For example, the new Fidelity Spire app is a goal-oriented app that encourages good savings and investment habits to reach your stated goals.
Fidelity is perfect for beginners as well as experienced, long-term, passive investors.
Best for Expert Traders: Interactive Brokers.
Why Interactive Brokers List Us:
For stock market traders looking for a slow, Wall Street-style trading platform, interactive brokers are a great choice. Sometimes abbreviated as IBKR, interactive brokers offer a wide variety of accounts, including those that work well for retail investors as well as professional and institutional investors. It gives investors access to a really wide selection of assets, including stocks.
IBKR Mobile, a mobile app for interactive brokers, is a great investment platform with the latest trading tools in your pocket. Advanced Quotes and Research has 50 columns of data in a format similar to the desktop platform. It’s state-of-the-art and works best for those with minimal investment experience.