Trading stocks these days is no longer as complex as it once was. Over the last decade, investment brokers have gone mobile, and clients can now carry their stock investment portfolios with them on-the-go. As profits go, investors are always interested in putting their money into brokers that offer low commissions on stock trading apps, and here are the top five stock trading apps that are easy to navigate, and that offer the best competitive commissions in the stock trading industry. Let’s check them out.
Robinhood is a trading platform founded in 2016 by Baiju Bhat and Vladimir Tenev. With its headquarters in California, Robinhood offers users a platform to invest in and trade stocks, cryptocurrencies, and other trade options online. Robinhood charges 0.0% of the trade and is run entirely online to remove the need for fees and charges. Robinhood is registered with the federal exchange commission and currently has over 10 million users around the world.
Plus500 is another trading app that offers a trading platform with a negligible fee of 0.6pips per trade. Plus500 is licensed by the Financial Conduct Authority. It was launched in 2008 and now provides a trading platform for people across the world. Plus500 has some of the lowest commissions in the trading industry and offers access to more than 2000 trading instruments. Users can deposit o withdraw funds using a variety of payment methods, including debit and credit cards.
VantageFX was founded in 2009, and since then, it has gone on to become among the top Australian brokers. VantageFX presents a platform to trade shares and other commodities as well as for cryptocurrencies, and what is more? It is available on the MetaTrader 4 app. Vantage FX takes no commissions on trades, and there are no hidden charges.
4. IQ Option:
IQ Option was founded in 2013 by Dmitry Zaretsky. It offers users a very comprehensive trading platform where they can invest in various stocks and commodities for as low as $10. With over 20 million users around the world, it is one of the most used platforms. IQ Option offers a commission rate from between 0.25 % to 2.5 % based on the duration of the investment. Trading is fast, easy, and seamless with the availability of the web, android, and iOS apps and the number of payment methods incorporated.
5. Expert Option:
Expert Option offers its services on the web, mobile, and iOS platforms from where it caters to its 9million+ users. The minimum balance is $10, and users can trade stocks from anywhere in the world. The “Expert” option also has low commission fees (actually, there is none), and traders can select from over 100 instruments to improve their trading. Expert Option is accessible and simple in design and appearance such that newbies can easily navigate the features with minimal help.
As investors seek the best options for trading, we have identified their basic wants –a low commission platform, as well as an easily navigated.