In this article, we will talk about the best trading apps. Nowadays, smartphones accompany every moment of our lives. We can use them to manage many aspects of everyday life and also to trade online.
Let’s be clear: the ability to invest quickly and regardless of where you are is a great thing! If you’re here, it means you want to learn more about it and find out what the best apps are for investing online.
We have been planning to write this article for some time now. As already mentioned, mobile plays a very important role in our lives and it is good to find out more about the options available to those who want to trade online even outside the home, operating wherever they are with safe and free apps.
In this guide, we have chosen to analyse the Apps of some legal brokers, famous all over the world and suitable also for beginners. An example? The famous eToro.
As you can see below, we have also prepared an index. Thanks to it, you will be able to choose and deepen the topics that interest you the most.
eToro App: advantages and how it works
Let’s start talking about the best trading apps starting with eToro (click here to start visiting the broker’s website). Available on Google Play and Apple Store, this broker’s app is extremely intuitive and allows you to invest in various assets (cryptocurrency, stocks, commodities, etc.). However, its particularity is another.
Users who download it can try Copy Trading, a technique that makes eToro unique in the world. What does it consist of? The ability to copy exactly what other successful users have already done. Information about their activity can be obtained through free noticeboards just like those on social networks. eToro, which has entered the lives of millions of traders riding a revolution that goes far beyond the world of investment, is in fact known as the social network of investments.
Notice boards are available to everyone. Each member of the broker can share information about their strategies. The best, so-called Popular Investors, are followed by other users. The latter have the possibility of automatically replicating what the former have done.
Copy Trading, which is very easy to manage through the eToro app (we will soon see the features of the internal search engine), really allows you to start investing even if you are at the very beginning. However, it is clear the importance of choosing Popular Investor really skilled. In this regard, the app’s internal search engine is a good match.
The app allows you to select brokers on the basis of numerous criteria. These include the asset of interest, country, risk profile and period of activity. Investors can also be selected on the basis of the number of users who follow them, a poundamental indicator of the success of individual Popular Investors.
If you really don’t feel confident, the eToro app allows you to practice by opening a demo account. The latter is distinguished by the possibility of operating with virtual money and without risking capital. As soon as you feel ready, you can open your account with real money. With apps, it only takes a few clicks and a minimum deposit of 200 euros.
How the ForexTB app works
When talking about the best trading apps, it is impossible not to mention the ForexTB app. It is another legal broker, free of charge (no commissions applied), appreciated worldwide.
Again, its app can be downloaded either from Google Play or the Apple Store. The app of this highly intuitive online trading platform allows you to invest in a variety of assets, from the main cryptocurrencies to stocks via Forex.
Thanks to this app, you can invest using CFDs (Contracts for Difference). These derivatives, which have been available for 20 years but have only been popular since online trading became accessible to everyone, allow you to speculate on changes in asset prices.
Their use is very simple. To make a profit, all you need to do is guess the performance of the asset you are interested in.
