This will be a short guide to start your journey into the world of online trading. The fastest way to do this is by using your phone, which has been a constant feature of our lives for decades now, and which offers stock apps along with all the others. In this guide, we will see the best apps of 2021.
What are the best apps for free trading in 2021?
The stock market is growing every year, as is the number of apps that promise to be able to change your life through online trading. Because of this, it can be difficult to navigate to either application.
What is the best app for social trading?
First of all, you have to distinguish on which market, iOS or Android. In addition, it is not easy to answer this question immediately, since it depends a lot on the personal preferences of the professional. That’s why we’ve put together the best stock market apps, in a handy list that lets you choose the app that looks best to you. In any case, if you want to do a deeper reading where each request is analyzed in detail with all the pros and cons, we have collected all the data on this site, which we strongly recommend you to visit if you want to have a view. overall and more complete on the subject: scholarship application.
eToro: the best application
It appeared around 2007 on the market, and since then it has not stopped growing. It has more than 6 million customers between France and the rest of the world, it is approved and under the control of all the major financial organizations, such as the FCA. This trading platform is accessible on both Android and iOS, which allows all users to use it. The main appeal of the app is the social commerce functionality, which allows you to interact directly with top investors and possibly copy their successful investment, allowing you to grow personally and literally make money. Its interface is extremely intuitive and not at all difficult, despite several customization options. If you don’t feel comfortable starting to trade online as a beginner, there is also a mode called demo where you are provided with play money in order to familiarize yourself with the platform.
What’s interesting about this app is that there are 0% commissions on stock trades, and as to the applicable spreads, they vary a lot depending on the asset you have chosen to trade. Be careful, however, if you stop using your account, you will go into inactive status, which will impose a commission of $ 10 per month. We therefore recommend that you stay active at all times. The only downsides to this app are the lack of very advanced trading tools (but that’s more for the experienced investor), and also the five dollar withdrawal fee, as most users tend to withdraw in blocks. of 10,000 dollars.
In conclusion, we strongly recommend that you start using eToro so that you can start investing for free in 2021, given the ever increasing explosion of the online financial market.