
Trading is an activity that consists of buying and selling financial assets with the aim of making profits. To trade, you need a platform that allows you to access the markets, analyze prices, execute orders and manage positions.
Today, there are many mobile applications that facilitate trading from anywhere, anytime, with just an internet connection and a smart device.
In this article, we are going to see which are the best trading apps, according to their features, advantages and disadvantages. We will also answer some frequently asked questions on the subject, so that you can choose the app that best suits your needs and preferences.
Meta Trader 4
Trader 4 is one of the most popular and widely used trading apps in the world. It is a platform that offers everything you need to trade on the foreignexchange (Forex), stocks, indices, commodities and cryptocurrencies.
With Meta Trader 4, you can:
- Access to more than 2,000 financial instruments, with real-time quotes and low spreads.
- Use technical analysis tools, such as indicators, oscillators, charts and objects.
- Create and implement automated trading strategies, using the MQL4 programming language and expert advisors (EA).
- Manage your operations quickly and securely, with different types of orders and alerts.
- Participate in the Meta Trader 4 traders’ community, where you can share experiences, tips and signals.
Meta Trader 4 is a free app that you can download here.
eToro
eToro is another of the most famous and recognized trading apps on the market. It is a platform that allows you to invest in a wide variety of financial assets, such as stocks, ETFs, currencies, indices, commodities and cryptocurrencies.
With eToro, you can:
- Invest without commissions or hidden costs, only paying the spread between the bid and ask price.
- Take advantage of financial leverage, which allows you to multiply your capital and potential profits.
- Copy the trades of other successful traders, thanks to eToro’s social trading system.
- Participate in the cryptocurrency market, with access to more than 20 digital currencies and its own wallet.
- Access educational resources, news, analysis and statistics to improve your knowledge and performance.
eToro is a free app that you can download from the official website or from the Google Play and App Store.
GBM
GBM is a trading app that focuses on the Mexican stock market. It is a platform that allows you to buy and sell shares of the main companies listed on the Mexican Stock Exchange (BMV).
With GBM, you can:
- Invest as low as $100 pesos, with no commissions or additional costs.
- Access relevant information on companies, sectors and the market in general.
- Use technical and fundamental analysis tools to make more informed decisions.
- Receive personalized advice, according to your profile and investment objectives.
- Learn about how the stock market works, with courses, videos and articles.
GBM is a free app that you can download from the official website or from the Google Play and App Store app stores.
Robinhood
Robinhood is a trading app that has become very popular in recent years, especially among young investors and beginners. It is a platform that allows you to invest in US stocks, ETFs, options and cryptocurrencies, without paying commissions or costs.
With Robinhood, you can:
- Invest from $1 dollar, with fractions of shares that give you access to high value companies.
- Take advantage of financial leverage, which allows you to multiply your capital and potential profits.
- Participate in the cryptocurrency market, with access to more than 10 digital currencies and its own wallet.
- Access educational resources, news, analysis and statistics to improve your knowledge and performance.
- Receive rewards for inviting your friends, such as free shares or cash.
Robinhood is a free app that you can download from the official website or from the Google Play and App Store app stores.
TD Ameritrade Mobile and Mobile Trader
TD Ameritrade Mobile and Mobile Trader are two trading apps that belong to the same company, TD Ameritrade, one of the largest and most prestigious in the industry. They are two platforms that allow you to invest in a wide range of financial assets, such as stocks, ETFs, options, futures, currencies and more.
With TD Ameritrade Mobile and Mobile Trader, you can:
- Invest without commissions or hidden costs, only paying the spread between the bid and ask price.
- Use technical and fundamental analysis tools, such as indicators, charts, news and alerts.
- Create and implement automated trading strategies, using the thinkScript programming language and expert advisors (EAs).
- Manage your operations quickly and securely, with different types of orders and alerts.
- Access educational resources, news, analysis and statistics to improve your knowledge and performance.
TD Ameritrade Mobile and Mobile Trader are free apps that you can download from the official website or from the Google Play and App Store.
Which trading app to choose?
There are many trading apps that offer different features, advantages and disadvantages. The choice of the app that suits you best will depend on several factors, such as:
- The type of assets you want to trade, whether they are stocks, currencies, cryptocurrencies or others.
- Your level of trading experience and knowledge, whether you are a beginner, intermediate or advanced trader.
- The trading style you prefer, either short, medium or long term, or with automatic or manual strategies.
- The budget you have available to invest, whether it is a little or a lot of money.
- The opinions and reviews of other users who have tried the apps, whether positive or negative.
To help you make a decision, we recommend that you try the apps that catch your attention and compare their functionalities, costs, performance and security. We also suggest that you take advantage of the demo accounts offered by some apps, to practice without risking your real money.