Top 5 Best Stock Trading Apps for Android

Top 5 Best Stock Trading Apps for Android

Commission free stock trading apps, Most financial services firms, large and small, offer their clients smartphone applications. For immediate access to their banking and investing accounts, many consumers now prefer utilizing their phones. In response to such need, the financial sector has developed. Despite Apple having a 55% market share in the United States, Android smartphones have grown in popularity globally. Millions of consumers continue to use Android devices to manage their portfolios despite Apple’s advantage in the United States. To assist you in selecting the stock trading app that best suits your needs, we’ll examine the top Android trading applications. Best 10 money making apps.

5 Best Stock Trading Apps for Android

  1. Best Overall: E*TRADE
  2. Runner-Up: Charles Schwab
  3. Best Free App: Webull
  4. Best for Beginners: SoFi
  5. Best for Experts: thinkorswim® by TD Ameritrade


App name: E*TRADE & Power E*TRADE
Account minimum: $0
Fees: No stock or ETF trading fee
Tradable assets: Stocks, ETFs, mutual funds, options, fixed income, futures


E*TRADE receives our vote as the best overall Android mobile app. E*TRADE and Power E*TRADE are two of E*TRADE’s mobile applications. The Android applications from ET*RADE are simple to select. Although you may customize both applications to some extent, the E*TRADE app is designed for novice users who trade stocks, bonds, and ETFs. Both applications include excellent design, a variety of trading choices, and competent customer service.

A reputable online broker, E*TRADE, provides commission-free trading for stocks and exchange-traded funds (ETFs). E*TRADE offers its clients banking solutions in addition to a wide range of financial products, such as ordinary and preferred stocks, ETFs, futures, mutual funds, options, and fixed income. E*TRADE was a forerunner in online brokerage and remains so now by giving its clients access to first-rate account management and monitoring features. E*TRADE divides more complicated trading and analytical features into two different applications rather than integrating them into one universal mobile app. E*TRADE Mobile is a more straightforward app, but Power E*TRADE Mobile is a more robust trading platform with more features.

Better charting with deeper technical analysis, up to four-legged option orders, and conditional orders are all features of Power E*TRADE mobile. Both desktop and mobile applications with the same names give traders access to real-time quotations, news, earnings, dividends, and gains and losses.

Additionally, the E*TRADE mobile app provides access to stock and ETF screeners, market news from Bloomberg TV, and third-party research. The mobile platforms offered by E*TRADE are both quite customizable. Additionally, E*TRADE includes a vast library of training resources and associated assistance for traders, enabling investors to gradually gain more expertise and utilize more of E*TRADE’s features.


  • Commission-free trading of stocks and ETFs
  • Excellent educational content
  • No account minimums for regular brokerage accounts
  • Power E*TRADE app offers advanced features for sophisticated traders
  • Strong customer support


  • Commissions on over-the-counter (OTC) stocks, OTCBB, gray market, and OTC-traded foreign securities
  • Fractional shares are only available through robo-investing or a formal dividend reinvestment
  • No access to international exchanges

2. Charles Schwab

App name: Schwab Mobile
Account minimum: $0
Fees: No stock or ETF trading fee
Tradable assets: Stocks, ETFs, mutual funds, options, fixed income, futures


Our second choice for the finest overall mobile app is Charles Schwab. Most investors’ demands are met by the simple-to-use, intuitive Schwab mobile app.

Charles Schwab created a mobile app that satisfies the demands of the majority of users as a pioneer in the online brokerage industry serving a sizable clientele of investors ranging from novice traders to the most experienced. The user is taken to a webpage that displays account balances after completing the login procedure, which offers two-factor and bio metric security options. Users may easily access a variety of services, including a current market overview, your portfolio, news, research, charting, and fundamental data, thanks to an easy user interface.

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The ability to trade four-leg options strategies in addition to ETFs, fixed income, and mutual funds, as well as a variety of order forms, makes it simple for traders to place and monitor orders. The charting in the Schwab mobile app should be improved, and there aren’t many options for conditional orders.

The software functions well overall and is supported by Schwab’s excellent customer service and extensive educational resources. The majority of investors will be satisfied with the Schwab mobile app, but experienced traders will desire more control over their order routing and robust options analysis capabilities. Schwab is a leader in online and mobile applications for regular investors because to its user-friendliness and capacity to provide so much to so many various user types in a single app.


  • Low account fees and trading commissions
  • Easy to check balances and monitor portfolios, trades, and orders
  • Provides access to news, research, charting, quotes, and corporate fundamentals


  • Lacking in order routing controls and advanced options analysis tools
  • High fees for mutual funds outside of Schwab’s no-transaction-fee (NTF) program
  • Limited charting capabilities

3. Webull

App name: Webull
Account minimum: $0
Fees: No commissions
Tradable assets: Stocks, ETFs, options


For individuals looking to trade equities, ETFs, options, or cryptocurrency, Webull offers a very affordable solution. The mobile app for Webull is simple to use and has a slick, contemporary vibe. The desktop and mobile interfaces of Webull are nearly identical and even provide some customization possibilities.

Webull does not attempt to please everyone. Instead, the firm concentrates on stocks, ETFs, options, and cryptocurrencies and operates under a premise where there are no commissions or account fees. Webull does this through a revenue model that mainly relies on payment for order flow. Webull traders are expected to be independent in making orders and maintaining positions because there are fewer items accessible to clients, less instructional materials are available, and there is less support available. WeBull offers few tools for portfolio research, thus users who want to develop an equity portfolio must do it on their own.

With a few modifications due to the smaller screen size for the mobile app, Webull’s Android mobile app and the desktop version are almost exactly the same. Customers may build their own customized quotation boards on the app and instantly access technical and basic information for a certain firm.

The ability to develop online and mobile applications with a clean appearance and that are simple to use and navigate is a benefit of Webull’s narrowly focused platform. Webull’s app only deals with trading and tracking holdings across a small selection of assets, so it doesn’t require a lot of other features to function efficiently. Webull users still have access to the majority of the products they regularly trade (stocks, ETFs, and options) for basically no cost, even though trade execution may be inferior as a result of the dependency on payment for order flow.

Webull does not offer interest on cash balances to account customers. Because rates have been so low, this has not been very obvious, but when the U.S. interest rate curve rises, investors may need to take this into account more seriously in the future. Customers of Webull, however, generally receive a lot for virtually no direct charges.


  • No minimum investment amount
  • Modern and easy to use
  • Complex four-leg options strategies, conditional orders, and different contingent orders available
  • Factional share trading available
  • No commissions for stock, ETF, options, and currency trading


  • Payment for order flow, which can negatively impact price execution for customers, is a key way Webull makes revenue
  • No interest on cash balances
  • Limited educational content for beginning traders
  • No access to fixed income, mutual funds, international equities, futures, or foreign exchange

4. SoFi

App name: SoFi
Account minimum: $0
Fees: No commission for stock or ETF trades
Tradable assets: Stocks, ETFs, cryptocurrencies


Loans, fee-free cash management, debit and credit cards, and other banking features are all contained in the SoFi Android app. Even though SoFi’s app’s automatic and active investing sections lack many advanced capabilities, beginning investors may often find what they need there. Younger investors are catered for in all aspects of active investing, including the app design, pricing point, and accessible assets. Additionally, as you manage more of your finances using SoFi’s accessible solutions, the app itself becomes more useful.

The business strategy of SoFi is designed to appeal to novice investors and is heavily weighted toward automated digital investment management as opposed to active investing. The platform and software serve as a one-stop shop for someone who doesn’t want several accounts across different platforms because the firm also provides personal loans, student refinancing, auto and mortgage finance, cash management, debit and credit cards, as well as insurance.

Since the only tradable assets on the site are stocks, ETFs, and cryptocurrencies, SoFi Active Investing’s selection of products is limited. Fixed-income securities, mutual funds, and more complicated assets like options and futures are prohibited. The tools are restricted even with the resources SoFi provides. There is no stock screener, and the charting does not have technical overlays.

The platform’s emphasis on passive investments sets it apart from other Android-based online brokers we’ve reviewed. The other brokers described in this post do provide robo-advising accounts, but not to the extent that SoFi does.

SoFi is a good option for someone who wants to streamline their finances, but the platform has certain restrictions on the kind of tools and products that are offered. Given the appealing price point and assistance with financial planning, inexperienced, passive investors should have no problems with SoFi for a very long time. As more experienced traders gain understanding of the markets and investment, they may outgrow both the assets available and the trading instruments.


  • Help with money management, goal-based saving, financial planning, and even career counselling is available for inexperienced investors.
  • Access to certified investment planners
  • No account fees or commissions
  • No account required to see potential portfolios, and no investment minimum
  • External account syncing available


  • Limited range of offerings, even for active accounts
  • No tax-loss harvesting
  • Lack of trading tools, screeners, and charting options

5. thinkorswim® by TD Ameritrade

App name: thinkorswim
Account minimum: $0
Fees: No commission for stock or ETF trades
Tradable assets: Stocks, ETFs, options, futures, forex


The extensive desktop trading platform’s analytical and charting features are nearly all condensed into one app by the thinkorswim® mobile platform. Although there is a wealth of information accessible, it may also be altered to better meet your mobile trading needs. Users of TD Ameritrade’s basic app have the option of forgoing these more in-depth options.

The thinkorswim® app from TD Ameritrade is excellent, and both the mobile and desktop versions are available. Additionally, TD Ameritrade offers some of the top programming and instructional resources, including access to trading experts who can assist with positions. Additionally, thinkorswim® features some of the greatest analytical trading tools available, including a great options analyzer that enables users to alter parameters like stock price and days to maturity so they can view changes to profitability graphs in real time.

In addition to a wide range of assets, TD Ameritrade also provides fractional shares, international bonds, and options (including multi-leg options methods). However, fixed income trading is not available on the mobile app. Thinkorswim® users (desktop or mobile) have access to special orders including trailing stops, simultaneous multiple orders, and conditional orders like one-cancels-the-other, which are not available in the standard TD Ameritrade mobile app (OCO).

Additionally, a number of screeners for stocks, ETFs, mutual funds, fixed income, and options are available through thinkorswim® (including a strategy builder). There is no need to set up a watch-list individually on the respective platform in order to sync one created on the web or mobile platform.

Because of the training and support provided by the company, the suite of top-notch analytical tools, and the paper trading account that allows you to practise and build confidence before trading with real money, serious traders and those who want to learn more about trading can benefit greatly from a thinkorswim® account.


  • No commissions on stock or ETF trades, no investment minimums, and no inactivity fees
  • Exceptional educational content and resources, including live support chat with trading specialists
  • Trade analysis tools, including excellent charting tools, and a best-in-class options analyzer
  • Offers a paper trading account


  • Less experienced traders may find the thinkorswim® platform to be a bit complex
  • Does not offer fractional shares
  • No fixed income trading available on the mobile platform

How Do I Use a Stock Trading App for Android?

The best stock trading apps, In recent years, mobile trading has made significant advancements. The streamlined mobile platform of a broker is frequently simpler to use for trading than the conventional desktop platform. The majority of mobile trading applications now use a tab and tile combination that closely resembles the design and functionality of most smartphones. Some features, like pinch-to-zoom charts and tap-to-see trade choices in stock tickers, are practically universal.

Stock trading apps, Additionally news, calendars for economic and earnings announcements, real-time market prices, and basic stock information are all accessible through stock trading applications for Android phones. Some of these features will be accessible from a tab menu at the bottom, while others could need a few taps to reach the appropriate screen.

Most popular stock trading apps, To show your current portfolio, its performance, the status of any orders, and other information, mobile stock trading applications generally employ the same layouts seen on their brokerage’s desktop/web-based products. Users have a variety of order types and frequently use conditional orders when setting their trading orders, and they can opt to purchase or sell a securities at any moment. Even while the tiny screen might be constricting, the majority of apps also offer charting. In summary, you use the mobile app the same way you would a desktop version while acknowledging that it might not have all of the functionality your PC has.

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