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Business News›Industry›Banking/Finance›Finance›5 Best Stock Trading Apps 2022
with Low Fees


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5 BEST STOCK TRADING APPS 2022 WITH LOW FEES

SECTIONS
5 Best Stock Trading Apps 2022 with Low Fees
MediawireLast Updated: Jan 28, 2022, 11:20 AM IST

If you plan on trading stocks full time, choosing the best stock trading app
that meets your trading needs is a key consideration.

This guide highlights the best stock trading apps available to traders in the
financial market and the metrics to consider when selecting these applications.
The Best Stock Trading Apps for 2022
We have reviewed below some of the best stock investment apps you can use to buy
shares.

 * eToro - Overall Best Stock Apps
 * Webull - Best Stock App for Beginners
 * Stash - Best Stock Trading App for Automated Investing
 * Charles Schwab - Best Stock Market App for Zero Minimums
 * TD Ameritrade - Best Stock Market App for Multiple Account Types

Top 5 Stock Apps Reviewed

Our top 5 stock apps were chosen based on user-friendliness, fees, regulations,
payment methods supported, and the overall trading experience.
⦁ eToro - Overall Best Stock Apps






The eToro app ranks number in our list of the best stock trading apps this year.



You get access to 17 global markets and exposure to over 3,500 tradable assets,
including stocks, commodities, exchange-traded funds (ETFs), contracts for
differences (CFDs), bonds, indices, and options.

Coupled with this is you get to enjoy zero commission ETF and stock trading,
further boosting your investing prowess in the long run. eToro remains one of
the best stock market apps for Android and iPhone users as over 23.2 million
traders enjoy the platform’s unique offerings.

eToro employs state-of-the-art security measures to safeguard user funds and
details. The platform is regulated by the UK’s FCA, ASIC, and CySEC.

Deposit and maintenance fees do not incur charges, but eToro charges $5 for
withdrawals. eToro also offers a copy trading tool called CopyTrader, allowing
new users to mirror the trading strategies and successful trades of more
advanced investors.

Payment supports on the platform include bank wire transfer, credit/debit card,
PayPal, Skrill, Neteller, and several others. The minimum deposit varies
according to a user’s region, but US and UK users can get started with as low as
$10 as an initial deposit.

Pros
⦁ Heavily regulated
⦁ Zero deposit fees
⦁ CopyTrader functionality for profit maximisation

Cons
⦁ Dollar-denominated accounts
>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.

⦁ Webull - Best Stock Trading App for Beginners







Webull is one of the best stock trading apps because of its user-friendly
interface. The US-based global financial trading provider offers a clean and
easy-to-use interface that appeals to new and seasoned stock traders.

On offer are options, stocks, ETFs, and American Depository Receipts (ADRs).
Webull has zero commission trading for all tradable assets and zero minimum
deposits. The company Webull is regulated by the US Securities and Exchange
Commission (SEC), FINRA, and is a top member of the Securities Investor
Protection Corporation (SIPC) which covers funds loss up to $500,000.

As per payment methods, you can easily fund your account through a regular bank
transfer, credit/debit card, and other e-wallet solutions.

Pros
⦁ Zero account minimums
⦁ Insurance coverage up to $500k
⦁ Ease-to-use

Cons
⦁ Unclear fee structure
>>> Buy Stocks on Webull <<<
Your capital is at risk.

⦁ Stash - Best Stock Trading App for Automated Investing






In terms of trading strategy choice, Stash is a top contender for the best stock
trading app. Stash is geared towards making investing in the stock market easy
for beginners. The firm presents users with a choice between a do-it-yourself
(DIY) investing or an automated experience with the robo-portfolio advisers.
Regarding fees, Stash charges a $3 management fee for automated investing and $1
- $9 per month. The investment expense ratio is 0.06% for smart portfolios and a
1% instant transfer fee. However, you can use the regular standard fee to enjoy
zero fees.



Pros
⦁ Offers both DIY and automated investing
⦁ Large portfolio of tradable assets
⦁ Multiple account types

Cons
⦁ Fee structure is high

⦁ Charles Schwab - Best Stock Market App for Zero Minimums







Charles Schwab is another well-known zero-commission brokerage firm and a top
stock app for users just starting stock investment. Charles Schwab offers access
to 30 international markets, with 12 of those committed to top-traded foreign
markets with real-time quotes.

Other perks include fractional share investing with as little as $5 in the S&P
500 companies. In addition, Charles Schwab allows zero minimums and offers a
high-quality investment app with the Schwab Global Account.
Pros
⦁ Access to 30 global markets
⦁ Minimum trades of only $5
⦁ High-quality investment app

Cons
⦁ Margin rates are high

⦁ TD Ameritrade - Best Stock Market App for Multiple Account Types





TD Ameritrade comes with a slew of top-notch services for new and advanced
investors. The TD stock app has advanced features to help users manage their
investments and place trade while on the move. Also, experienced traders can
switch to the Thinkorswim mobile app for a more sophisticated trading
experience. The Thinkorswim app comes with real-time price updates and a stock
screener.



TD Ameritrade is regulated by the SEC, FINRA, and the Commodity Futures Trading
Commission (CFTC).

Pros
⦁ User-specific mobile trading experience
⦁ Offers extensive research resources
⦁ Advanced trading tools

Cons
⦁ Fees are a bit on the high side

The Best Stock Trading Apps Compared







>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Stock Trading App for You
Below are some factors you should consider when selecting the best stock apps.
⦁ Regulation
Regulation should feature prominently on your list when selecting the best stock
trading app. You can easily find this information on the broker’s website. We
recommend only using a stock trading app that is regulated by tier-1 global
bodies as this makes the platform more accountable to investors.

⦁ Range of stocks
Stock range should also be chalked up in your list. The more range of stocks you
can pick from, the more trading opportunities you can enjoy.

⦁ Fees
Fees are a major issue for many traders. Only use a stockbroker with reasonable
fees with zero hidden charges. Now, almost all online brokers offer 0%
commission trades. This should not be enough. Check out their deposit,
maintenance, withdrawal, and inactivity fees to know how much you will be
charged at a go.
⦁ Tools & Features
A feature-rich platform will go a long way in helping you make better investment
decisions. Look out for research resources. eToro offers one of the best tools
for trading called the CopyTrader. This tool allows inexperienced traders to
turn a profit by mirroring the successful trades of their more advanced
counterparts.

⦁ User experience
The ease of using the stock trading app should also be considered. You should
look at user reviews for the selected broker to learn what others feel about it.
A highly intuitive interface makes it easy to place trades at the right time.

⦁ Payment method
The best stock trading apps offer a rich array of top payment methods for
deposit and withdrawal. Some of them should include credit/debit cards,
ApplePay, Google Pay, PayPal, Skrill, Neteller, and a few others.

How to Use a Stock Trading App
The steps below will show you how to get started on one of the best stock apps
this year.

⦁ Open an account with eToro





Navigate to the eToro website and click on ‘Join Now’ to open the registration
page.
⦁ Verify account
eToro requires new users to complete the know-your-customer (KYC) process. To do
this, submit a snapshot of your driver’s license or official passport. Also,
submit a recent copy of your utility bill or bank statement for proof of
address.



⦁ Deposit





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Click on the action tab and tap on the ‘Deposit Funds’ button to open up the
deposit page. Select a payment method and insert a minimum value of $10. Click
on ‘Deposit to conclude the process.



⦁ Buy Stocks






>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.



Search for the stocks you want to buy by typing in the ticker symbol. Click on
the relevant popup result and click on ‘Trade’ to open up the order page. Insert
how much you want to buy and click on ‘Open Trade’ to conclude the transaction.
Remember to set your stop-loss (SL) and take-profit (TP) positions.


Conclusion
This guide has shown you what to look out for in choosing a stock trading app
and the best stock investment app in 2022.

We recommend using eToro due to the competitive fees and CopyTrader
functionality. This way, you can easily copy the successful trades of more
experienced traders and profit.

>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.


Disclaimer: Content Produced by CryptoPR




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