Hello, everyone what in your opinion is the best app for investing or trading out there? Key points in regard to the abovementioned would be: - Reach diversity of financial tools available for a potential user; - Convenient and remarkable UI/UX; - Processing speed; - Low fees and commissions on trading. Thank in advance, guys!!
- Zero fees. However lacks in the features department but great for a first time investor who doesn't want to get killed by trading fees. I use Robinhood to trade but think or swim for my technical analysis.I tried a few of the beginner/small amount investing apps because I didn't know anything about trading really. I wouldn't say it lacks features, it surely has more than others like Stockpile that was a total mess. Robinhood has a great design, it's simple enough to use to learn and discover patterns/learn about the market, has crypto included so people can begin learning and testing that out (the chatroom is painful and unnecessary though) if they are new to the cryptocurrency scene and it actually has a huge amount of knowledge inside of the easy design/management/zero fees. You can see stock performance in increments going back to 5 years and and tap and hold to select a specific time. An easy summary table, about the company and articles related to the stock. For a beginner or someone that wants something easy to use, I'd say it's definitely the way to go.
- Managing investing more like Warren Buffet tells us to. We can all enjoy the dream of throwing money into Robinhood, playing the market, and being a winner - but that isn't what has made our current financial titans (hurr hurr, cheap pun) reach where they are now. This app has given me reason to believe in it over and over. Very responsive team, informative content even for financial professionals, and consistent results.
- If you're looking for something a little different, then I'd recommend checking out WiseAlpha. They are democratising corporate debt bonds and bringing an online marketplace to the corporate debt markets. Previously only available to hedge funds and HNWI, individual investors can now have access to these bonds via WiseAlpha notes. You can start with a minimum £100 investment as well.
- Love WealthSimple, been using it for a year and have saved a bunch of $ in fees. The app is great, the support team is amazing. If you want to get started and get $15,000 managed for free (instead of their regular $5,000) use this link: wealthsimple.com/invite/TRBKHQ (full discolsure: I will also get $10k managed free) Win/Win/Win
- Mel Palmer made this productExo is great because the UX has been built from scratch over the last 2 years, they are super transparent (one all-inclusive fee), app is great for monitoring performance. Plus it manages portfolios every single day, doing daily tweaks rather than quarterly rotations so your portfolio moves with the markets.
- I have settled on BUX mobile app for now. The app is quite basic, but has ok UI, allows to set up alerts and trades are pretty much instant. Bux app also has some social features which are of questionable value for trading :) I usually plan my market strategy on a PC and use Bux only for executing transactions and reacting to alerts. Some technical bits: you trade CFDs in a private market with ability to borrow up to 5x your cash balance.