3 Best Apps to Buy Stocks in July 2021

With retail trading becoming an increasingly popular activity among millennials and Generation Z investors, finding the right broker has become an important task to get started on this journey.

Fees have now taken the back seat as the primary reason for picking a provider as most brokerage firms have slashed their trading commissions to zero, with other characteristics now being prioritized by investors as is the case of top-notch trading platforms including well-designed and user-friendly mobile interfaces.

The following article shares the 6 best mobile stock trading apps currently available for investors in and outside the United States to help you in short-listing your candidates if you consider yourself a trader on the go.

#1 – eToro

eToro is one of the worlds most popular retail stock trading platforms, currently offering zero-commission trading for thousands of different instruments including stocks, exchange-traded funds (ETFs), commodities, forex, and indexes either directly or via contracts for difference (CFDs).

According to this brokers latest quarterly update, it served over 20 million registered investors from over 100 different countries, offering a user-friendly platform that includes a social feature.

As a social trading platform, eToro allows users to interact and learn from each other by providing an interface through which investors can communicate, share their portfolios with the community, exchange trading and investing ideas, and even copy the portfolios of successful investors within the platform.

An account can be opened with this provider with as little as $200 in most countries while eToro does not charge any fees for deposits. Stocks and ETFs from all over the world can be traded through the eToro platform along with many other asset classes including cryptocurrencies, commodities, forex pairs, and indexes.

The eToro app is available for both Android and iOS devices and most of the features that can be accessed from the web version are also available within the app. iOS users have given the app 3.5 stars through over 5,000 ratings while Android users have given the app a 4-star rating.

This provider is regulated by multiple top-tier jurisdictions including the Financial Conduct Authority (FCA) in the United Kingdom while the firm is headquartered in Israel.

#2 – Capital.com

Capital.com is a UK-based brokerage firm that has been around for 5 years now, offering traders the possibility of transacting with US and UK stocks via contracts for difference (CFDs).

This platform offers access to companies in the United Kingdom – which are often not made available by other providers – while charging relatively low commissions per trade via bid/ask spreads.

With Capital.com, an account can be opened with as little as $20 while this broker offers the possibility of accessing high levels of leverage via CFDs. Since the company is headquartered in the United Kingdom, Capital.com is regulated by the Financial Conduct Authority (FCA) along with other regulatory agencies from Cyprus and Belarus.

Instruments that can be traded with this provider include over 3,000 individual stocks, 53 commodities, 84 cryptocurrencies, 142 forex pairs, and 34 stock indexes – all offered via CFDs.

iOS users have rated the mobile app with 4.7 stars after 1,300 ratings while Android users have given Capitals app a 4.3-star rating as well. Similar to eToro, most of the features that are available in the web-based version are also accessible via the mobile app.

#3 Forex.com

Founded in 2001, Forex.com has become the go-to broker for thousands of customers worldwide. The company is owned by StoneX Group, a US-based publicly traded financial services company that has over 10 years of positive track record in the industry.

The platform is regulated by multiple top-tier agencies including the British Financial Conduct Authority (FCA) and the United States Commodity Futures Trading Commission (CFTC).

An account with this provider can be opened with as little as $100 and trading fees are charged via bid/ask spreads for retail accounts. The portfolio of instruments that can be traded with Forex.com includes 91 forex pairs, 20 indexes, 380 stocks, 29 commodities, and 9 cryptocurrencies – all traded via contracts for difference (CFDs).

Almost 200 users have rated this provider‘s Android mobile trading app with 3.1 stars while iOS users have given Forex.com’s mobile solution a 3.4-star rating. All types of orders and instruments offered by this provider are available from within the app and users can set alerts and notifications for multiple different stock-related events via the Forex.com app as well.

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