Best Mobile Stock Trading Apps for Android Robinhood vs Bloomberg vs MSN Money ... and 12 more
Edited by Jay
The days when investors had to relentlessly hound their brokers or scour the financial sections of their local newspapers, in an attempt to stay on top of the markets have since passed. Today's technology has completely revolutionized the stock and commodity trading industry, and as such, has opened up a new world to newbie investors.
With an updated Android device, users can now get all the investment and stock information they can handle, directly on their phones or tablets. This gives investors tremendous power and with the right education and training, could help generate profitable returns.
Remember that the apps discussed below are only meant to compliment sound and thoroughly thought out trading strategies, they can in no way decide for when to enter or exit the markets.
Method 1: Robinhood
The Robinhood mobile stock trading app for Android is a pretty popular choice among investors.
By cutting out the all the overhead that traditional brokerage houses carry, Robinhood can offer its user's commission free trading, in addition to a wealth of other useful features.
- 1FinanceType.
- 2Features.
- Buy and sell stocks for free.
- View market data and quotes in real-time.
- Custom pin authentication for additional security.
- Create a customized stock watch list with historical data.
- 3Cost/Fees.
- Free version.
- 4
Method 2: Bloomberg
Bloomberg offers users comprehensive business, financial, and market data in real-time.
As one of the world's most trusted sources of investing and finance, Bloomberg is a great tool for those heavily in the market, or those just looking to keep up to date with financial news.
- 1FinanceType.
- 2Features.
- Get all the latest market data on; Equity Indexes, futures, bonds, commodities & currencies
- Easily monitor your portfolio with a custom watchlist.
- Access to a library of featured financial and investing video content.
- Track and manage all your positions with a variety of performance charts.
- 3Cost/Fees.
- Free version.
- 4
Method 3: MSN Money
MSN Money for Android is an all-encompassing finance and investing mobile app that packs in the data while keeping things simple for the user.
With a personal Watchlist setup, users can ensure their holdings are doing well while watching additional investment opportunities.
- 1FinanceType.
- Create a customized Watchlist and add all your current positions or potential future investments.
- Track all the main indexes around the world.
- Get all the latest news and information on; commodity prices, currency exchange rates, and major companies.
- Sync your personal watch list with MSN money and all your devices.
- Free version.
Method 4: E*TRADE Mobile
E*TRADE Mobile brings users real-time streaming quotes and the ability to make trades directly from their Android device.
A complete mobile investing tool that gives users the options to customize a personal watchlist, along with the app's dashboard and layout.
- 1FinanceType.
- 2Features.
- Up to date company, investment and financial news.
- Manage your portfolio with up to 19 columns of data.
- Efficient and streamlined trading.
- Educational video content on securities.
- 3Cost/Fees.
- Free version.
- 4
Method 5: Moneycontrol Markets on Mobile
Moneycontrol Markets on Mobile is a quick-performing stock trading app that keeps investors in the know by offering all the latest financial news, in multiple languages.
On top of the language support, Moneycontrol also provides text-to-speech options to convert those investment articles to audio, for easier consumption.
- 1FinanceType.
- 2Features.
- View all the latest quotes; F&O, mutual funds, commodities and currencies from BSE, NSE, MCX, and NCDEX.
- Voted as India's #1 mobile investment app.
- Access to interactive charts, graphs, and historical data.
- Monitor and track your personal portfolio with precision.
- 3Cost/Fees.
- Free version.
- 4
Method 6: Stock Trainer - Virtual Trading
Stock Trainer virtual trading app is the perfect tool for individuals that want to learn the ins-and-outs of trading stocks, without having to invest any real money.
Although Stock Trainer is for learning and practicing, it still utilizes all the same market data as any other trading or investing app.
- 1FinanceType.
- 2Features.
- Learn how to trade with a real market simulator.
- Test out investment potential before spending money.
- Uses real stock market data and news.
- 3Cost/Fees.
- Free version.
- 4
Method 7: NetDania Forex & Stocks
NetDania Forex & Stocks turns a user's mobile device into powerful trading assistant that notifies users on when to enter or exit positions (based on user's settings).
Stay on top of all your trades with a user-friendly interface that's designed for viewing multiple charts, multitasking, and split-viewing.
- 1FinanceType.
- 2Features.
- Share trade information and strategies with fellow investors within the NetDania network.
- Easily make custom scripts to catch patterns and trends (no programming experience required).
- Create free demo trading accounts.
- 3Cost/Fees.
- Free version.
- 4
Method 8: CNBC
CNBC's mobile finance app for Android is a well-rounded news, business, and investment tool that gives users a wide range of powerful options.
Keep yourself fully updated on your investments with CNBC's comprehensive, round the clock coverage.
- 1FinanceType.
- 2Features.
- Full access to live-streaming charts, stock quotes, and prices.
- Customized push notification for breaking news.
- Create a custom watch list and track all your stocks and favorite companies.
- Get real-time finance and business news via CNBC live streaming (US residents).
- 3Cost/Fees.
- Free version.
- 4
Method 9: StockMarkets
StockMarkets by Teletrader is another high rated, full-featured stock and investment app that brings all the global market information directly to your mobile device.
For an active investor, StockMarkets truly is an all-in-one tool that offers full customization for watchlists, prices, and news alerts.
- 1FinanceType.
- 2Features.
- Use a Google/Yahoo account to import Google/Yahoo finance portfolios.
- Covers the world's leading stock exchanges
- Display profit and loss for multiple portfolios.
- Monitors assets with personalized watchlists.
- Auto push notifications on price changes (upper/lower limits).
- 3Cost/Fees.
- Free version.
- 4
Method 10: TradeKing Mobile Investing
The TradeKing® Mobile Investing app for Android allows users to trade stocks, options, and to keep current with all relevant financial and business news.
TradeKing® is an entirely free trading app with responsive features and interactive charts to help guide user's investment moves.
- 1FinanceType.
- 2Features.
- Up to date market news and analysis.
- Set custom stock alerts and notifications.
- Utilize advanced charts and investment ideas.
- 3Cost/Fees.
- Free version.
- 4
Method 11: StockTwits - Stock Market Chat
StockTwits for Android helps quickly bring users up to speed with the latest finance and market trends from around the world.
Get tips, insights, news, advice, and a great deal more to help increase those returns and minimize those losses.
- 1FinanceType.
- 2Features.
- Real-time feeds on company updates and profiles.
- Easily sort your watch list by gains/losses, a-z or trending, and performance.
- Peruse trending stocks and news via real-time feeds.
- 3Cost/Fees.
- Free version.
- 4
Method 12: thinkorswim Mobile
TD Ameritrade's thinkorswim Mobile gives users the power to buy or sell stocks from anywhere they please, all from their preferred mobile device.
With powerful trading technology condensed into a single mobile app, users can trade and analyze day-in-day-out, round the clock.
- 1FinanceType.
- 2Features.
- Painlessly manage all your positions and accounts from one place.
- Get customized event and news alerts and notifications.
- Access to live chat rooms where users can discuss their investment ideas and strategies.
- View complete performance and risk data analysis.
- 3Cost/Fees.
- Free version.
- 4
Method 13: Betterment
As one of the largest independent robo-advisors, Betterment helps users safely manage and grow their assets and wealth with intuitive investment technology.
With a user base of 200,000 and counting, Betterment's reputation for helping user's get the highest returns continues to expand and flourish.
- 1FinanceType.
- 2Features.
- Real-time monitoring of investments and stocks.
- Secure account access with pin code protection.
- Simple and easy to navigate portfolio management.
- 3Cost/Fees.
- Free version.
- 4
Method 14: Learn - how to invest in stocks
The Learn app by Rubicoin is an investment training mobile app that helps users learn all about US stock and commodity trading.
All lesson plans are broken down into smaller, easier to digest sections with minimal industry or technical jargon.
- 1FinanceType.
- 2Features.
- Lessons are designed by a professional investor with over twenty years experience.
- 40 no-fluff lessons with no quizzes or tests.
- Lessons are provided in both text and audio.
- 3Cost/Fees.
- Free version.
- 4
Method 15: Penny Stocks
The Penny Stocks mobile app for Android is a useful tool to pinpoint potentially profitable penny stocks, by suggesting which stocks are worth watching.
This app is useful for strategy and studying purposes; it's not meant to send alerts or notifications on live price fluctuations.
- 1FinanceType.
- 2Features.
- Covers penny stocks on the NYSE, NASDAQ and AMEX.
- End-of-day data, not live real-time.
- Easily search for stocks under $5, $2 and $1.
- 3Cost/Fees.
- Free version.
- 4
Whether you're new to the market or have been investing for years, using a good, reliable mobile stock trading app can significantly help to keep things neatly organized. Investors literally have instant access to all the latest news and updates happening within the financial and business world. Being on top of what's happening, as it happens, is key when it comes to entering and exiting the markets at ideal times.
Please remember that any form of investing carries a certain amount of risk. If you're new to the stock market, it's probably best to practice with a few apps before you actually purchase or get into any real positions. Seek the advice from a professional, shadow other investors and read and observe.
If you have problems with any of the steps in this article, please ask a question for more help, or post in the comments section below.