Penny stock allows conduct trading through their laptop and internet. It means you may buy and trade at home or anywhere. Besides that, you need the best penny stock app to support your activity. Find and learn it properly from this page.
At least, there are more than one online brokers who are ready to help you. However, you should know how to choose the best penny stock trading apps. Do not worry as everything is available here. Now, you quite sit well and read this page properly.
How do you choose the Best Penny Stock App: Just Pick One from 5 Options
The best penny stock app always focuses on combining between the broker and the application. Apparently, great applications can make you experience bad trading executions without a good broker to support it. On the contrary, great brokers with bad applications also make it difficult to handle your trade. Well, continue talking about the applications for penny stocks. Here are 5 choices as the best apps for you:
1. Ally Invest
Ally Invest comes as the best app for active traders, beginners, and low costs. Clearly, it makes pennies very affordable if you trade more than 30 times in a quarter.
Thus, you can reduce the price per trade from $ 4.95 to $ 3.95. By the way, that makes them one of the lowest flat brokers out there. Ally Invest cares about the user’s mobile experience, with research, tools, and other information available when they are on the go.
The best penny trading app, Robinhood helps low-cost stock trading, beginners, and investors who are on the go. Maybe not too many applications that help you trade for free. However, Robinhood as a small startup allows retail investors to trade stocks for free. Unfortunately, you cannot use this application to trade today or run a complicated strategy. Nevertheless, Robinhood cuts commission fees on penny dollars to make a difference in profit and loss.
3. Interactive Brokers
It comes the best for Forex traders, professionals, and traders often come for various types of orders. Interactive Broker is one of the best penny stock app at the lowest cost. Stock trading costs start from $ 0.0035 to $ 0.005 per share based on volume.
You must choose a flat fee if you want to trade a higher volume. For your information, the Interactive Broker has one of the cool features of adding IBot. Currently, IBot works with Amazon Alexa to allow you to trade with voice commands.
Choose this app that becomes the best for cellular traders and traders looking for research and data. In addition, it is also the best for investors who are looking for a retirement planning guide.
This best penny stock trading app gives you multiple options to fit your trading style through OptionsHouse and E-Trade mobile. The OptionsHouse application provides a companion program to its web-based platform to quickly find and execute stock trading on cents. For advanced traders, they can see the market depth ladder.
On the other hand, the E-Trade mobile application allows you to trade stocks and manage your money. This application makes it easy to move funds around to support your trade. E-Trade mobile also allows you to see Bloomberg TV, third-party research, and the latest news.
Fidelity is the for investor pensions, active traders, premium research, low fees, and mutual funds without transaction fees.
This best penny stock app, especially the Fidelity mobile allow a switch from research to trading in knockoffs. It recommends an application with a solid website to provide exceptional research and educational material. Even better, you can also manage your cash account through this mobile application.
So, you can quickly add funds to your trading account as needed. Fidelity customer service offers 24/7 support via telephone, email and even text. Then what if you learn how to trade pennies using their mobile application? It is simple, you can stop by one of their offices.