Apps Like Robinhood

Apps Like Robinhood

Today, mobile devices are high-end portable computers that you can use for everything from networking, watching TV to trading. Mobile trading is blowing up thanks to great trading apps like Robinhood, which is a famous trading app that offers safe, seamless trading on the move.

But, if you’re looking to sign up on another platform with equally great features, or you simply want to take a look at other alternatives, we have compiled a list of five high-quality apps that are worthy of your attention.

Webull

Trading is a lot like playing casino games online. There’s a certain degree of risk involved when you’re making an investment, and it is essential to find a reliable platform that suits your preferences and budget.

Compared to iGaming, traditional games investing in the stock market, for example, is a long-term activity, and you’re looking to earn an ROI after a specific period. If you want to get into trading and want to trade on the move, your choice is of great importance.

Webull is a great trading platform for active traders and offers many options for its users, including commission-free trading of stocks, cryptocurrencies, and ETFs. One of the advantages of trading here is that you aren’t required to make a minimum deposit to start trading, but if you want to claim a free stock bonus, you need to make a minimum deposit on the platform.

In case you want to invest in cryptocurrencies, the following options are available Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Also, there are plenty of training resources for beginners, such as trading courses and demo-trading account.

But, still, this app is best suited for experienced and intermediate traders. It’s also worth mentioning that they offer a high customer support level every day via email or through the in-app live-chat facility. You can download this app for free from Google Play and the App Store.

E*TRADE

Experience traders developed this app specifically to simplify trading, so it’s a good option for newbies. This app is excellent for someone that’s just starting because it offers extensive research information along with opportunities to watch breaking news, Bloomberg TV, and access a massive library of educational resources.

Another useful feature is the ETF screeners, which allows you to spot investment opportunities. You can trade stocks, ETFs, futures, complex options, and more. In case you’re a more experienced investor, you should check out the Power E*TRADE app, which offers more advanced features. E*TRADE is available for download for Android and iOS devices.

Moomoo

Moomoo is an excellent commission-free app that you can use to trade stocks, ADRs, ETFs, and other opportunities. Besides, you can also invest in international stocks. It has several smart features that make trading on the platform easier. Members will access advanced analytical tools, real-time data, pre-market data, intelligent charts, and other great features.

Besides, it offers conditional, AI-driven alerts that notify you whenever there’s a change in indicators, for example. So, there are plenty of resources to support you in making smart decisions regarding your finances. What’s more, there’s no minimum deposit that you need to make to set up an account on the platform. You can download the app for your Apple and Android devices, and it is also available for Mac and Windows.

SoFi Invest

SoFi Invest is an automated investing platform that is also ideal for beginners. It’s a user-friendly app where you can trade shares, ETFs, cryptocurrencies, and other options. What makes this app unique is that it offers fractional shares – Stock Bits. Stock Bits are significant if you aren’t ready to buy total shares and learn more about trading online.

Also, another advantage is that you don’t pay account fees or annual fees. Also, users can apply for student loans and personal loans on the platform. When it comes to cryptocurrencies, there are three options available – Bitcoin, Ethereum, and Litecoin. You can download SoFi Invest for Apple and iOS mobile devices.

Fidelity Investments

Fidelity Investments is a well-established, award-winning wealth management company that takes pride in offering top-notch financial services, products, and a high customer service level. The app provides customized news, content, and timely information about your investments. You can trade stocks, multi-leg options, ETFs, and more. On top of these options, it’s also a great app because there is a wide selection of mutual funds. Otherwise, you can set up timely, customizable alerts. You can get the app from the App Store or Google Play.

Final Thoughts

As an increasing number of individuals are looking to get into trading, the number of online trading platforms will keep growing. So, now more than ever, it’s essential to pick a reliable trading app. As we mentioned earlier, there’s always a level of risk involved when investing in cryptocurrencies, stocks, or other options. But, whether you’re a rookie or a more experienced investor, take the time to do your research, compare the features of several platforms before you sign up on a trading app. 

The ideal app for you is the one that suits your budget, financial goals, and it offers a seamless trading experience on the go. But it’s equally important to improve your trading skills and knowledge to continually make the best decisions for you and your financial situation.

Cristina Macias
Cristina Macias is a 25-year-old writer who enjoys reading, writing, Rubix cube, and listening to the radio. She is inspiring and smart, but can also be a bit lazy.