What is the Best App for Trading?

Today more and more users are referring to their smartphones or mobile devices in general and use them in any situation. There are apps to play on the stock market at any time, even when you are not in front of your PC. The best trading apps allow you to better manage your online investments in any situation, operating wherever you are.

We have prepared a guide specifically for you that deals with the best trading apps.

In fact, when it comes to online investment apps, it’s really hard to find your way around, as the landscape is very broad. That’s why we would like to give you precise indications and suggest which, in our opinion, can be considered the best trading apps.

Let’s find out what information we are interested in right now!

How to choose the best apps

As we have already specified, mobile trading is the protagonist of many applications, each of which has its own characteristics. So how do you choose the best trading apps?

Beyond the typical features of each application, there are some features that you can’t do without if you want to choose the perfect app to invest online.

It is important that the apps work within the legal framework. Always make sure that the app you choose is linked to a broker who has specific licenses. For example, a very important license in terms of permissions is the CySEC.

Usually legal apps are authorized by Consob. Beware, however, of those systems that promise incredible earnings without effort. You could fall into traps that leverage the naivety of users, pushing them to invest even high amounts of money. Always remember that when trading online there is always a risk margin that you have to consider. Some of the key features of the best trading apps are that they are safe and reliable, allowing you to invest even very low amounts.

It is also very important that they are easy to use even for beginners and that they work optimally from a technical point of view. But let’s take a look at the best trading apps.

eToro App

The eToro app is available on Google Play and App Store. It is proposed as one of the best trading apps, which is extremely intuitive. Through this app you can invest in various assets, including stocks, cryptocurrency and commodities. Users who use the eToro app can try a very particular technique, copy trading.

It consists in copying what other users who are already doing with the app are already doing with particular success. Users have at their disposal boards very similar to those of social networks, through which they can get information about the operations carried out by other traders. It is no coincidence that eToro is also known as the online investment social network.

On eToro you can share information about your strategies, so you can make it available to those who want to replicate what you have done. So even users who are just starting out in the investment world can choose skilled users and follow them. All this is also possible through the practical and effective internal search engine, which allows you to select the broker taking into account different criteria.

eToro also presents a demo account that allows you to practice with virtual money, so without risking anything. Then, when you have practiced, you can switch to opening your real account with a minimum deposit of 200 pounds.

Investous App

Wanting to talk about better trading apps, we can’t help but mention the Investous app. The broker is free of charge, in fact it does not provide for the application of commissions.

The relevant app can be downloaded from Google Play and the App Store. You can invest with this app on different assets, from cryptocurrencies to stocks, passing through Forex currencies.

It’s very easy to use, as all you have to do is get the right performance for the asset you are interested in.

You have several alternatives available, including short selling, which is very speculative. Investous also provides training tools, such as a free ebook and a guide on the app to learn the first basic concepts for investing when trading online.

Another possibility offered by Investous is the so-called trading signals. This is a truly optimal service that gives you access to advice on the best positions to open. The advice comes directly from internationally renowned investors.