Top 4 Stock Trading Apps 2022: Stock trading has been around for centuries, and to this day, it’s the most popular way for banks and investors to purchase and sell company shares. 

While our grandfathers had to trade stocks by calling up their guys at the brokerage and telling them to buy or sell a specific stock, the process is entirely different in this day and age. 

Nowadays, with the evolution of online investment platforms, traders have more opportunities than ever to make stock trades on the move using their mobile devices. 

However, choosing the stock trading app that you’ll use isn’t exactly easy. You’ll have to consider a ton of different factors and find the app that suits your trading needs the best. 

In this article, we will go over a list of the best stocks trading Apps for 2022 and review each one separately to help you reach a decision. 

Top 4 Stock Trading Apps 2022 – Quick Outline 

For those of you that are running short on time and want to quickly go over our list of the best stock trading apps for 2022, here is a quick outline that you can check out. 

• eToro – The Best Stock Trading App Overall 
• Webull – Great App for Purchasing Stock Slices 
• Robinhood – One of the Best Stock Trading Apps for Beginners 
• SoFi Invest – Good Option for Traders Interested in Additional Financial Products 

Top 4 Stock Trading Apps 2022 – Detailed Review 

After spending hours researching the best stock trading apps and taking factors such as fees, commissions, and advanced features into consideration, this is the list we’ve come up with. 

Let’s get into the nitty-gritty details and review the stock trading apps we believe work best in 2022. 

eToro – The Best Stock Trading App Overall 

While there are dozens of stock trading apps that we find top-notch, the first place for the best stock trading app of 2022 goes to eToro. 

By downloading eToro to your iOS or Android device, you will be able to connect with thousands of different stock markets. 

Aside from offering the most popular stock markets like NASDAQ and NYSE, it also gives you access to foreign markets such as TSE, LSE, and Euronext. This allows traders to purchase both US and foreign stocks, all at a very reasonable price. 

But, traditional stocks aren’t the only thing listed on eToro – you’ll also be able to trade cryptocurrencies, Forex, indices, fiat currencies, commodities, and much more. 

One of the main advantages of eToro is the extremely low fees. You can purchase stocks without paying a commission (which applies to both US and foreign markets). 

Plus, to buy stocks on eToro, you won’t have to spend more than $10, which is incredibly low compared to the minimum amount on other platforms. 

The eToro platform and app interface are very user-friendly and easy to navigate through, making it perfect for even total beginners. If you already have an idea of what stock you want to purchase, you can quickly find it through the search bar. 

When it comes to advanced features, one that particularly stands out is ‘Copy Trading’. As the name suggests, this feature allows users to copy trades from professional investors in real time. 

Just remember, you should always do a thorough check of their profiles and historical success rates before making a decision. 

Additionally, there is also the “Smart Portfolios” feature that might appeal to passive investors. 

This is a premium management service that is handled by experienced eToro teams. The team monitors different markets and industries and copies multiple asset investments based on a predetermined strategy. 

Opening an account on eToro is fairly simple and it won’t take longer than a few minutes. After registering, you will be able to make your first deposit (minimum of $10). 

To fund your account, you can use one of the various payment methods included such as PayPal, credit/debit card, bank transfer, Skrill, Neteller, and ACH. If you are located in the US, you won’t be charged for making deposits. 

Lastly, it’s important to mention that eToro is one of the safest stock trading apps in the industry. It’s regulated by some of the best-known regulatory institutions, including the SEC, CySEC, FINRA, and more. 

Also Check Out: Top 5 Trading Apps in India. All you need to know !!

Webull – Great App for Purchasing Stock Slices 

The next option on our list of the best stock trading apps for 2022 is Webull. 

Webull can be used on both iOS and Android devices and downloading it is completely free. To start your trading journey, you will have to open an account and verify it through a picture of your ID. 

This app doesn’t include a minimum deposit and you can fund your account through either a bank wire or ACH. 

Keep in mind that ACH transfers are free, but bank wires cost between $8 and $25, depending on your location. 

Webull supports a wide range of US stock markets and covers pretty much every equity that can be found on NASDAQ and NYSE. Additionally, investors will also be able to trade a certain amount of ADRs. 

Purchasing US-listed stocks doesn’t come with any commissions, but you will have to pay fees for trading ADRs. 

One of the best things about Webull is that traders can purchase stocks using the fractional ownership pool at only $5 per trade. 

Aside from stocks, you can also buy and sell digital assets, ETFs, and options. 

Even though the vast majority of traders pick the self-directed trading strategy, there are also lots of retirement accounts that you can check out. 

The charting tools are another great addition and they will mostly be useful to traders that are interested in stock option speculations. 

Robinhood – One of the Best Stock Trading Apps for Beginners 

Robinhood stands out as the stock trading app that is the most suitable for beginner investors. Currently, this platform has a few million active US traders and it’s rapidly growing each month. 

One of the main reasons why users opt for Robinhood is because it has an extremely user-friendly interface that’s easy to navigate through and a competitive fee structure. 

No matter which supported stock market you choose, Robinhood doesn’t charge any commissions. This applies to US-listed stocks, crypto assets, ETFs, and options. 

There are also a few ADRs included, but the fees can be a bit higher compared to the industry average. 

When you open an account, you can start trading with only $1 and there is no minimum deposit included. Because of this, Robinhood is also a great stock trading app for those that are looking for cheaper alternatives. 

For instant deposits, there is a limit of $1000, but if you pay for a ‘Gold Account’, the limit is much higher. 

Additionally, the gold account allows traders to take advantage of margin trading services and use comprehensive research tools. 

While Robinhood is suitable for beginner traders, it doesn’t really have much to offer to amateur and professional traders. 

SoFi Invest – Good Option for Traders Interested in Additional Financial Products 

While SoFi Invest doesn’t have a cutting-edge app like our previous mentions, it makes up for it through its variety of advanced features. 

Some of the services that are included are active investing (stock trading), automated investing (digital financial advisor), traditional IRAs, Roth IRAs, lending, saving, and much more. 

Aside from the stock trading platform, SoFi also offers mortgages, student loans, high-yield savings accounts, credit/debit cards, and plenty of other financial products and investment choices. 

Additionally, traders can purchase fractional shares via Stock Bits, one of the platform’s most popular products. 

SoFi Invest is also great for beginners since it includes a lot of educational material (articles, videos, etc.) that can help new investors get the hang of stock trading. 

Top 4 Stock Trading Apps 2022 – The Verdict 

Finding a stock trading app is fairly simple, but finding the best stock trading app for your trading needs – not so much. 

No matter if you’re looking for a platform with the lowest fees, the most advanced features, or one that’s suitable for beginners, our list of the best stock trading apps for 2022 has something for everyone. 

And, if you want an app that combines the best of all worlds – we recommend that you check out eToro. 

For more tips and ideas on investing, check out the Courses section on Fingrad. As always, Happy Investing!

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