finance

Best Stock Trading Apps for Beginner Day Traders

This list showcases the top mobile apps perfect for beginner day traders looking to get a foothold in the stock market. These apps offer a range of tools, from simulations to real-time trading options, making them essential for those new to day trading.

8 Apps
4.5 ★ Avg Rating
Finance Category
Last updated December 2024
Stock Market Simulator & Game

Stock Market Simulator & Game

5.0 ★ Free

Stock Market Simulator & Game is an immersive app designed for both beginners and seasoned traders to explore the stock market environment without any financial risk. The app simulates real-time market conditions, offering users a comprehensive platform to practice trading skills, develop strategies, and understand market dynamics. With a user-friendly interface, it provides detailed analytics and reports, helping users track their performance over time and learn from their decisions. It’s an invaluable tool for anyone interested in honing their trading acumen before stepping into real-world trading.

Best for: Aspiring traders, educators, finance students, individuals looking to improve trading skills without financial risk

Pros:

  • Real-time simulations
  • User-friendly interface
  • Detailed analytics
  • Educational resources
  • Risk-free environment

Cons:

  • Some features are only available with a subscription
Available on
iOS Android
Visit Website
Robinhood

Robinhood

4.8 ★ Free

Robinhood is designed for simplicity, making it an excellent choice for beginners. This trading platform offers commission-free trades of stocks, options, and ETFs. Users have access to a variety of tools and resources that simplify the trading process.

Best for: Hands-on trading experience

Pros:

  • Commission-free
  • User-friendly
  • Mobile first

Cons:

  • Limited research tools
  • No retirement accounts
Available on
iOS Android
Visit Website
TD Ameritrade Mobile

TD Ameritrade Mobile

4.7 ★ Free

TD Ameritrade Mobile caters to beginners with its easy navigation and extensive educational resources. It supports stock trading as well as options and mutual funds, making it an all-in-one app for new traders.

Best for: Expanding trading skills

Pros:

  • Comprehensive resources
  • Versatile trading options

Cons:

  • Complex for very novices
  • Higher fees for some options
Available on
iOS Android
Visit Website
E*TRADE

E*TRADE

4.6 ★ Free

E*TRADE offers robust trading platforms for beginners, with a user-friendly interface and comprehensive resources, including webinars and articles. The app covers everything from basic concepts to advanced trading strategies.

Best for: Gradual learning and real trading experience

Pros:

  • Educational content
  • Versatility
  • Intuitive platform

Cons:

  • Can be overwhelming
  • Paid features
Available on
iOS Android
Visit Website
Webull

Webull

4.4 ★ Free

Webull is an app that delivers an extensive array of tools for stock trading, suitable for beginners. It offers commission-free trades, with a robust set of data and analysis tools, catering well to the needs of day traders.

Best for: Those who want depth in trading tools

Pros:

  • No commissions
  • Comprehensive utility
  • Customizable alerts

Cons:

  • Learning curve
  • Account required
Available on
iOS Android
Visit Website
Yahoo Finance

Yahoo Finance

4.3 ★ Free

Yahoo Finance provides comprehensive financial news, data, and insights that are helpful for any day trader. It integrates real-time stock information, news notifications, and analytical tools to guide new traders through the stock market.

Best for: Staying informed about market news

Pros:

  • Wide coverage
  • Free access
  • Real-time alerts

Cons:

  • Ads on free version
  • Less interactive
Available on
iOS Android
Visit Website
Thinkorswim by TD Ameritrade

Thinkorswim by TD Ameritrade

4.2 ★ Free

Thinkorswim is TD Ameritrade's advanced trading platform that’s now available on mobile for serious beginners. It offers real-time data and an impressive suite of analytic tools, perfect for those ready to dive deeper into trading.

Best for: In-depth analysis learning

Pros:

  • Advanced features
  • In-depth analytics
  • Educational tools

Cons:

  • Overwhelming for beginners
  • Requires TD Ameritrade account
Available on
iOS Android
Visit Website
Acorns

Acorns

4.0 ★ Free

Acorns simplifies investment for beginners, rounding up daily purchases and investing the change. While not a traditional day trading app, it helps build a portfolio quietly and is perfect for new traders interested in passive investment.

Best for: Passive investment starters

Pros:

  • Easy investment
  • Automated financial habits
  • Educational

Cons:

  • Subscription fee
  • Less direct control
Available on
iOS Android
Visit Website

Comparison Overview

App Rating Price Best For
Stock Market Simulator & Game 5 ★ Free with in-app purchases Stock Market Simulator & Game is an immersive app designed for both beginners and seasoned traders to explore the stock market environment without any financial risk.
Robinhood 4.8 ★ free Robinhood is designed for simplicity, making it an excellent choice for beginners.
TD Ameritrade Mobile 4.7 ★ free TD Ameritrade Mobile caters to beginners with its easy navigation and extensive educational resources.
E*TRADE 4.6 ★ free with optional subscription plans E*TRADE offers robust trading platforms for beginners, with a user-friendly interface and comprehensive resources, including webinars and articles.
Webull 4.4 ★ free Webull is an app that delivers an extensive array of tools for stock trading, suitable for beginners.
Yahoo Finance 4.3 ★ free Yahoo Finance provides comprehensive financial news, data, and insights that are helpful for any day trader.
Thinkorswim by TD Ameritrade 4.2 ★ free Thinkorswim is TD Ameritrade's advanced trading platform that’s now available on mobile for serious beginners.
Acorns 4 ★ subscription-based Acorns simplifies investment for beginners, rounding up daily purchases and investing the change.

Quick Tips

  • Start with simulation apps to build confidence.
  • Explore apps with educational resources.
  • Engage in community discussions within apps to learn from others.
  • Utilize apps offering real-time data for practice.
  • Gradually transition from simulation to live trading with caution.

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