Want to buy your first shares, compare investments or practise an order? These 12 apps do different jobs. Start with your country and the task you want to complete.
We make the apps marked "Made by our team". Some links earn us a commission. This never decides a product's place in a list. How we choose and make money.
Consider for: Active traders who want full charts on a phone
Schwab's thinkorswim app brings its full charting and trading tools to your phone. Layouts sync with desktop and web, and paperMoney lets you practise with pretend money.
$0 online US stock, ETF and options trades, plus $0.65 per options contract ($0.50 with 30+ trades a quarter).
Platforms
E*TRADE Mobile and Power E*TRADE (iOS, Android), web
Regulated by
SEC and FINRA; SIPC member
Last checked
2026-10
4. Robinhood
Consider for: A very simple first app for US stocks
Robinhood keeps buying and selling simple. It offers stocks, ETFs, options and crypto in the US, and 24-hour trading on some stocks and ETFs five days a week.
$0 commission on US stocks, ETFs and options; small regulatory fees apply. Optional Gold subscription.
Platforms
iOS, Android, web
Regulated by
SEC and FINRA; SIPC member (stocks)
Last checked
2026-10
5. Interactive Brokers
Consider for: Investors outside the US, or anyone trading many markets
IBKR Mobile combines international shares and other markets with currency conversion. GlobalTrader is a simpler stock-focused alternative. A multi-currency account does not automatically permit leveraged forex; check the legal entity and trading permissions.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.9% of retail investor accounts lose money when trading CFDs with Interactive Brokers (shown on interactivebrokers.co.uk, checked 21 October 2026). The figure differs by country and changes every quarter.
More about Interactive Brokers
Available in
US, Canada, UK, EU, Australia and many other countries
Costs
IBKR Lite (where offered): $0 on US-listed stocks and ETFs. IBKR Pro: small per-share fees (for example $0.005 a share, minimum $1) and $0.15 to $0.65 per options contract.
Platforms
IBKR Mobile, IBKR GlobalTrader, web, desktop
Regulated by
US: SEC and FINRA. Canada: CIRO. UK: FCA. EU: Central Bank of Ireland. Australia: ASIC.
Last checked
2026-10
6. Webull
Consider for: Active traders who want detailed data and paper trading
Webull combines detailed charts, options data and paper trading on a phone. It has separate services in the US, Canada, UK and Australia, with different products and prices.
US, Canada, UK, Australia and other local markets; confirm your country on the official site
Costs
US stocks/ETFs: $0 commission. Stock/ETF options: no contract fee; certain index options: $0.50 per contract. Regulatory, exchange and optional service fees can apply.
Platforms
iOS, Android, web, desktop
Regulated by
US: SEC and FINRA; SIPC member. Other countries: a local licence for each Webull company.
Last checked
2026-10-21
7. SoFi Invest
Consider for: Beginners who already bank with SoFi
SoFi puts investing next to banking and loans in one app. You can buy fractional shares or choose automated investing.
$0 commission on US stock and ETF trades. Current schedule: $5 minimum to begin self-directed investing, $25 per six months of login inactivity and $100 outgoing ACATS. Automated advice has separate pricing.
Platforms
iOS, Android, web
Regulated by
SEC and FINRA; SIPC member
Last checked
2026-10
8. Public
Consider for: Social investing and options rebates
Public combines investing research and a community feed with a stock/ETF options rebate programme. Enrolment and the underlying security affect the rebate; a rebate is not a reason to make an extra trade.
US-listed stocks/ETFs: $0 on the standard route. Stock/ETF options: $0; index options: $0.35 per contract plus exchange fees. Optional routing, membership and crypto fees can apply.
Platforms
iOS, Android, web
Regulated by
SEC and FINRA; SIPC member
Last checked
2026-10-21
9. tastytrade
Consider for: Options traders who want low, capped fees
tastytrade is built for active options and futures traders. It has live learning videos in the app and caps what you pay to open an options trade.
US and some other countries through international accounts; not Canada
Costs
$0 on US stocks and ETFs. Options: $1 per contract to open ($10 max per leg), $0 to close. Exchange and regulatory fees apply.
Platforms
iOS, Android, web, desktop
Regulated by
SEC and FINRA; SIPC member
Last checked
2026-10
10. Merrill Edge Self-Directed
Consider for: Bank of America customers
Merrill Edge links investing with Bank of America banking, so moving money is quick. Its app includes Bank of America research and an Idea Builder tool.
$0 online US stock and ETF trades. Options: $0 commission plus $0.65 per contract.
Platforms
iOS, Android, web
Regulated by
SEC and FINRA; SIPC member
Last checked
2026-10
11. eToro
Consider for: Exploring social investing and copying in a virtual portfolio
eToro adds a social feed, CopyTrader and a virtual portfolio to a mobile investing account. It is a choice for studying how copied positions fit together. Products differ between its US, UK and Australian services; it is unavailable in Canada.
Risk warning: outside the US, eToro also offers CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with eToro (shown on etoro.com, checked 21 October 2026). The figure differs by country and changes every quarter. Copied trades and crypto can lose money too.
More about eToro
Available in
UK and Australia; EU access subject to local restrictions; US investing service without forex CFDs; unavailable in Canada
Costs
Check the fee schedule for your country and instrument. Copying has no separate fee, but underlying trade, currency conversion and account charges can apply.
Platforms
eToro app (iOS, Android), web
Regulated by
UK: FCA. EU: CySEC. Australia: ASIC. US: SEC and FINRA for stocks.
Last checked
2026-10-21
12. Trading Game
Made by our team
Learning and practice: Practising stock and currency decisions before opening an account
Trading Game, made by our team, combines a virtual market simulator, lessons and AI chart feedback. It suits readers comparing shares with currencies who want to practise without funding a brokerage account.
iOS and Android; check availability in your local store
Costs
Free to start. An optional Pro plan adds AI coaching and advanced courses.
Platforms
iOS, Android
Account type
Not a broker: it uses virtual money only and holds no client money
Last checked
2026-10-21
Which mobile trading app is best for you?
For a first US stock account, compare Robinhood or SoFi with Fidelity’s research-led approach. If you already use Bank of America, Merrill Edge is worth a look. For detailed charts, compare thinkorswim, Power E*TRADE and Webull. Public and tastytrade deserve a separate look if you already understand options.
Outside the US, start with Interactive Brokers and the local Webull service. eToro adds social investing in eligible countries, including the UK and Australia; Canadian residents cannot open accounts there. Country access does not mean every investment is available.
Still learning what the Buy button does? Trading Game is the virtual practice option in this list. For lessons focused on currency pairs, see GoForex. We own both apps. Neither is a broker.
For a shortlist focused on owning shares, including Canadian choices, see stock trading apps for beginners. The matcher below separates investing from practice.
Try it yourself
Find the apps that work where you live
Pick your country, what you want to buy and what matters most. See which apps match, then check the licence link.
For stocks: ten US brokers, plus eToro where it is available. Canada: Interactive Brokers and Webull. UK: Interactive Brokers, Webull, Robinhood and eToro. Australia: Interactive Brokers, Webull and eToro. EU access varies by country. For virtual practice: Trading Game, made by our team.
What would you expect?
What this shows: Start with the account you can open, then compare the task you need. Practice apps do not require a brokerage deposit.
The matcher is a shortlist from this article. It does not check your age, state, province, account approval or device.
What do trading apps really cost?
Many US brokers on this list advertise $0 online stock and ETF . That is not a worldwide price promise: Interactive Brokers has different plans, eToro prices depend on product and country, and Trading Game is practice software. Compare the other costs for the same transaction.
US options contract fees (index-option exceptions noted)
App
Options fee
Robinhood, SoFi Invest
Check the current contract and regulatory schedule
Webull
$0 on stock/ETF options; $0.50 on certain index options
Public
$0 on stock/ETF options; $0.35 on index options; rebates require enrolment
tastytrade
$1 to open (max $10 per leg), $0 to close
Interactive Brokers Pro
$0.15 to $0.65
Fidelity, Schwab, Merrill Edge
$0.65
E*TRADE
$0.65, or $0.50 with 30+ trades a quarter
Example: buying 10
At $0.65 a contract, you pay $6.50 to buy and $6.50 to sell. At tastytrade you pay $10 to open and $0 to close before other fees. Webull and Public charge no contract fee for stock or ETF options, but their index-option fees differ. Small regulatory fees apply almost everywhere.
Other costs to check:
interest if you borrow money from the broker (margin)
monthly plans, such as Robinhood Gold
fees to move your account to another broker
currency conversion, if your money is not in US dollars
Also ask how the app makes money. Some US apps are paid by trading firms for sending them your orders. This is called payment for order flow. It is allowed in the US, but it is one reason a $0 trade is not always the cheapest. Our brokerage fee guide helps you add up every cost.
How do I check an order on a small screen?
A phone makes trading fast. That is good, but it also makes mistakes fast. Before you tap Buy, check five things on the review screen:
The account. Many people have more than one account under one login.
The product. Check the ticker and the exchange. Similar names can be different companies.
Buy or sell, and how much. Is it a number of shares or a dollar amount?
The order type. A fills at the next price. A fills only at your price or better.
The estimated cost. Does it match what you expected?
Turn your phone sideways and make the text bigger. Can you still see the quantity and the price? If an important number is hidden, that app may not suit you.
Don't tap Buy again straight away. A frozen screen does not tell you whether your order was sent, accepted or filled. A second tap can create a second order.
Wait a moment, then open your order history or activity page.
Look for the order's status: pending, filled, part-filled, cancelled or rejected.
If you can't see it, log in on another device or the website and check there.
Still not sure? Call the broker's support line before you send anything new.
Write down the time and what you saw, in case you need to complain later.
Practise this once in a demo or mode, so you know where the history page is before you need it. Never place a real order just to test what happens when the connection drops.
A frozen screen is not an order result. Check the order history and its status before deciding what to do next.
How do I download the right app safely?
The Apple App Store and Google Play are where you download apps. They are not trading platforms. The broker supplies the service and holds your money.
Start on the broker's own website and follow its link to the App Store or Google Play.
Check the developer name. Fake apps copy real logos and names.
Some brokers have more than one app, such as E*TRADE Mobile and Power E*TRADE. Make sure you install the one you want.
Never install a trading app from a link in a message you did not expect.
Turn on two-factor login (2FA) as soon as the account opens.
Read the privacy details and the in-app purchases before you install. A high star rating alone does not prove the app is real.
Is my money protected if the broker fails?
Protection schemes help if a broker goes bust and your shares or cash are missing. They never cover losses when prices fall.
US: covers up to $500,000 per customer at a member broker, including up to $250,000 in cash. It does not cover forex, most futures or crypto that is not a registered security.
Canada: CIPF covers members' clients, up to $1 million for general accounts.
UK: the FSCS can pay up to £85,000 if an authorised firm fails.
EU: national schemes pay at least 20,000 euros.
Interactive Brokers and Webull use a different company in each country, so the protection depends on which one holds your account. Ask the broker which scheme applies before you deposit.
Limits apply per customer at each firm. If you hold a lot of money at one broker, read the scheme's rules for your type of account.
How we chose
We compared ten US broker apps, eToro for social investing and our Trading Game for virtual practice using public information and each provider's official pages: what it offers, where you can open an account, what it costs, what account and security information it publishes, and what users report. Only then do we check whether an affiliate programme exists. We do not accept payment for placement. Each card shows when we last checked its details; we rechecked the changes on this page on 21 October 2026.
The ten US broker apps come first and are not ranked from best to worst. eToro follows for social investing where it is available, then Trading Game for practice. We did not open accounts or test order execution, withdrawals, uptime, support or security. We make the apps marked “Made by our team”. Our About page explains how we choose recommendations.
Questions beginners ask
What is the best trading app for beginners?
For a first US share purchase, compare the order screens of Robinhood, SoFi and Fidelity. For social investing, eToro is another option where eligible. If you want to practise first, Trading Game uses virtual money and is made by our team. Your country and intended investment decide the useful shortlist.
Are commission-free trading apps really free?
Not completely. You may pay options contract fees, regulatory fees, margin interest, monthly plans and transfer fees. Apps also earn money in other ways, such as interest on your cash and payments for sending orders to trading firms.
Can I use these apps outside the US?
Interactive Brokers and local Webull businesses serve Canada, the UK and Australia. eToro serves eligible UK and Australian readers but not Canadian residents. Robinhood has a UK service, and tastytrade accepts some international accounts. Check the specific product and company before applying.
Is it safe to trade on my phone?
It can be, if you protect the account and check each order. Turn on two-factor login, install apps only from the broker's official link, and read the review screen before you tap. Avoid trading on public Wi-Fi.
Can I practise before using real money?
Yes. thinkorswim has paperMoney, Power E*TRADE and Webull have paper trading, and Interactive Brokers offers a free paper account. Simulator apps also let you practise with virtual money.
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