The best app to use for the stock market is eToro. eToro is a brokerage app, which means you can buy and sell stocks on it after opening a free account. If you want to invest in the stock market, you need to have a brokerage account.
eToro is the best app to use for the stock market because it’s powerful yet easy to use, making it the best option for beginner beginners and more experienced traders. You can research stocks, set alerts, stay up-to-date on the latest news, and invest in a few clicks. Its mobile app is easy to navigate and works well on both iOS and Android devices.
Beyond investing in stocks, you can also buy cryptocurrencies and ETFs from your eToro account.
In addition to being an excellent brokerage app, eToro excels in social investing which is what sets it apart and makes it my top pick for the best stock market app.
Social investing (or social trading) is the combination of social media and stock market investing. eToro essentially invented the category and now dominates the space worldwide, boasting more than 28 million users.
Social investing allows you to easily communicate with, learn from, create strategies alongside, and invest with experienced investors from all over the world.
But that’s not all.
eToro’s flagship feature is CopyTrader, which gives you access to the portfolios of top eToro traders and investors who you can “copy”. You can copy entire portfolios or choose individual trades one at a time.
Given the sheer volume of users on eToro and excellent functionality of this tool (you can filter on traders, strategies, risk profiles, etc.), CopyTrader earned the #1 spot on my list of the best copy trading platforms.
And if you’re still not convinced eToro is the best app to use for the stock market, you can try it and practice investing completely risk free with a Demo Account.
Every new account on eToro is given a Demo Account – a virtual portfolio with $100,000 to practice stock market investing and using the eToro platform.