You need money to make money the old sayings goes. And yet, now you can turn your phone into a money-making machine by trading stocks with the Best Stock Trading Apps for Android in the USA.
These apps help you invest better and smarter than just hitting buy or sell based on gut instinct – although we do recommend learning about fundamental analysis and reading charts before starting.
Picking the best stock trading app is tough – there are so many out there and they all claim to be awesome! Luckily for you, we’ve gone ahead and dug up the top ten free stock trading apps at this time that will let your money start working harder (and smarter) for you.
Ready to take control of your investments? Let’s go!
eTrade has been a name in the world of online stock trading for years. While they do offer a web version, eTrade’s real power is in their mobile app where you can buy and sell stocks with ease. The interface is clean and well-laid out for ease of use – something that new traders will appreciate. It’s important to note that this fee-based broker doesn’t let you purchase penny stocks or mutual funds yet, but if you want free stock trading USA then there are none better.
We’ve recommended Scottrade plenty of times on this site already, but it bears repeating since they’re really one of the best deals in terms of low commission and high-quality service. With no fees for trading stocks and ETFs, free paper trading accounts, mobile apps, and a great web platform – Scottrade packs so much value it’s one of our top picks for new traders.
Robinhood is one of the newest names on this list, but we believe it’s also one of the best stock trading apps available. This app allows you to buy and sell USA-listed stocks and ETFs with zero fees – which means more money for you! Robinhood doesn’t offer a web service at this time and you can only trade on your phone (iPhone or Android) – still if the fee-free stock trading is all you’re looking for then look no further.
eToro is a little different than the other stock trading apps on this list. It’s actually more of a social network/trading portal where you can create and watch other traders work to see what they’re doing right or wrong. You can also make your own trade ideas and find out if anyone is interested in buying them from you, which is a pretty cool feature. If you’re looking to socialize with other traders, give eToro a try.
#5 TD Ameritrade Mobile Trader
TD Ameritrade has been in the game for quite some time now and they’ve got an excellent mobile app that allows you to trade stocks, ETFs, options and even mutual funds – all without fees! The interface is easy to learn and use, plus you can trade on the go if you’re always on the move.
Fidelity has been around for decades and they mean business. They offer some of the best tools available for day trading and their platform is more than up to the task. With Fidelity your trades are free and you can trade up to 5:1 leverage, something not available on many other apps. If you’re looking for a serious stock trading app that has bells and whistles then give Fidelity a look.
Vanguard is another well-respected name in the world of online trading. This broker offers fee-free trading on over 100 ETFs and you can trade all but five Vanguard funds without your usual $7 commission. You’ll get access to free paper trading accounts, 24/5 customer support, and multiple phone apps for Android and iOS devices.
#8 Charles Schwab Mobile
Charles Schwab is of the original online brokers and it shows – their mobile app is one of the best available for Android users. With Charles Schwab’s app, you can trade stocks, ETFs, options, mutual funds, fixed income investments, futures contracts, and much more. There are no fees to use the app or your Charles Schwab accounts and you’ll get support for real-time quotes, market updates, technical analysis and more.
#9 E*TRADE Mobile
E*TRADE is another well-known online brokerage that has a solid mobile app to go with its website. For Android users the E*TRADE Mobile app gives access to your livestock quotes, market news, and watch lists – you can also trade stocks and options on the go without fees! This is a good app for traders of all levels.
#10 SoFi Invest
SoFi is a newer brokerage in the stock trading app world, but they’ve come out of the gate with a great platform. You can trade stocks free and use over 100 different ETFs without paying a cent in fees! There’s no account minimum to get started either so anyone can give SoFi Invest a try.