finance

Top 11 Trading Apps for Daytraders

Discover the top 11 trading apps specifically designed for daytraders. These tools offer robust features and easy navigation for those engaged in daily trading. Suitable for both beginners and experienced traders, these apps assist you in staying updated, analyzing markets, and making informed trading decisions.

12 Apps
4.4 ★ Avg Rating
Finance Category
Last updated December 2024
Stock Market Simulator & Game

Stock Market Simulator & Game

5.0 ★ Free

Stock Market Simulator & Game offers a realistic trading experience, designed to educate and entertain users who are interested in understanding stock investments without the risk of losing real money. Whether you're a budding investor or a seasoned trader, this simulator allows you to test trading strategies in a virtual market environment. Featuring live market data, users can experience the highs and lows of trading as they learn to manage a portfolio and improve their trading skills.

Best for: Aspiring investors, Traders looking to practice without risk, Finance students

Pros:

  • Realistic trading experience
  • Educational
  • No risk of real money loss
  • Access to live data
  • Suitable for all levels

Cons:

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

Webull

4.7 ★ Free

Webull offers an advanced trading platform with commission-free trades. It is packed with research tools, real-time market data, and comprehensive charts that cater to the needs of daytraders. The app supports options, cryptocurrencies, and provides 24/7 support to help traders maximize their potential.

Best for: Experienced daytraders

Pros:

  • Advanced research tools
  • Real-time data
  • Commission-free

Cons:

  • Complex for beginners
  • Limited customer support features
Available on
iOS Android
Visit Website
TD Ameritrade Mobile

TD Ameritrade Mobile

4.6 ★ Free

TD Ameritrade Mobile is an all-in-one trading platform for daytraders. It offers comprehensive research tools, educational resources, and access to a wide range of investment products. The app is intuitive and packed with features, including paper trading to test strategies without risk.

Best for: Intermediate daytraders

Pros:

  • Extensive research tools
  • Educational resources
  • Paper trading feature

Cons:

  • Complex for beginners
  • Higher fees on certain trades
Available on
iOS Android
Visit Website
Robinhood

Robinhood

4.5 ★ Free

Robinhood is a commission-free trading app that's perfect for beginners. It features a simple, intuitive interface and allows users to trade stocks, ETFs, options, and cryptocurrencies. The app also provides basic market data and analysis tools to help traders make informed decisions.

Best for: Beginner daytraders

Pros:

  • Commission-free trading
  • User-friendly interface
  • Access to ETFs and options

Cons:

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

E*TRADE Mobile

4.5 ★

E*TRADE Mobile is a robust trading app offering commission-free stocks and ETFs. It provides a variety of research tools, market insights, and educational content. Perfect for daytraders, it features a customizable dashboard and allows quick trade execution to capitalize on daily market movements.

Best for: Advanced daytraders

Pros:

  • Commission-free stocks
  • Customizable dashboard
  • Educational content

Cons:

  • High fees for non-free trades
  • Limited currency trading
Available on
iOS Android
Visit Website
Fidelity Mobile

Fidelity Mobile

4.4 ★ Free

Fidelity Mobile is known for its comprehensive research tools and reliable customer service. The app provides detailed market analysis and the ability to trade a wide range of securities. Daytraders will appreciate its real-time alerts and streamlined interface for quick decision-making.

Best for: Professional daytraders

Pros:

  • Strong research tools
  • Reliable support
  • Real-time alerts

Cons:

  • Complex navigation
  • Some high transfer fees
Available on
iOS Android
Visit Website
TradeStation

TradeStation

4.4 ★ Free

TradeStation is a powerful app known for advanced analytical tools and zero-fee structure on stocks and ETFs. It's tailored for daytraders seeking detailed charting capabilities and real-time market data, allowing for detailed technical analysis and strategic planning.

Best for: Advanced daytraders

Pros:

  • Advanced analysis tools
  • Zero-fee stock trading
  • Detailed charts

Cons:

  • High fees on some transactions
  • Not beginner-friendly
Available on
iOS Android
Visit Website
Charles Schwab

Charles Schwab

4.3 ★ Free

Charles Schwab offers an intuitive mobile trading experience with no fees for stock and ETF trading. It provides a suite of research and analysis tools, as well as educational workshops. Ideal for daytraders, the app supports options trading and provides real-time news updates.

Best for: Daytraders seeking comprehensive tools

Pros:

  • No trading fees
  • Educational resources
  • Research tools

Cons:

  • Complex interface
  • Limited cryptocurrency options
Available on
iOS Android
Visit Website
Interactive Brokers

Interactive Brokers

4.3 ★ Free

Interactive Brokers is a trading app for those looking for lower financing rates and a comprehensive suite of trading tools. It offers access to a wide range of securities and currency trading. Daytraders benefit from its robust analysis tools and efficient trade execution capabilities.

Best for: Experienced international daytraders

Pros:

  • Low financing rates
  • Wide range of securities
  • Robust analysis tools

Cons:

  • Complex setup process
  • Not beginner-friendly
Available on
iOS Android
Visit Website
Merrill Edge

Merrill Edge

4.2 ★ Free

Merrill Edge combines ease of use with a robust set of analytical and research tools, ideal for daytraders. The app offers real-time streaming quotes and customizable alerts to stay on top of market changes and execute trades efficiently.

Best for: Daytraders using Bank of America

Pros:

  • Robust tools
  • Real-time quotes
  • Custom alerts

Cons:

  • Limited for non-Bank of America customers
  • Some feature restrictions
Available on
iOS Android
Visit Website

SaxoTraderGO

4.1 ★

SaxoTraderGO offers a seamless trading experience across a wide range of asset classes. It features interactive charting tools, news feeds, and research material, making it a suitable choice for daytraders aiming for diversity and detailed market analysis.

Best for: Diverse asset daytraders

Pros:

  • Diverse asset classes
  • Interactive charts
  • Extensive research

Cons:

  • High account minimums
  • Complex interface
Available on
iOS Android
Visit Website
Plus500

Plus500

4.0 ★ Free

Plus500 is a user-friendly trading app offering CFDs across a variety of markets. It includes risk management tools and real-time market quotes, perfect for daytraders who need to manage risks efficiently while engaging in quick trades.

Best for: Daytraders focused on CFDs

Pros:

  • User-friendly
  • Risk management tools
  • Real-time quotes

Cons:

  • CFDs only
  • May be risky for beginners
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 offers a realistic trading experience, designed to educate and entertain users who are interested in understanding stock investments without the risk of losing real money.
Webull 4.7 ★ Free Webull offers an advanced trading platform with commission-free trades.
TD Ameritrade Mobile 4.6 ★ Free TD Ameritrade Mobile is an all-in-one trading platform for daytraders.
Robinhood 4.5 ★ Free Robinhood is a commission-free trading app that's perfect for beginners.
E*TRADE Mobile 4.5 ★ Free E*TRADE Mobile is a robust trading app offering commission-free stocks and ETFs.
Fidelity Mobile 4.4 ★ Free Fidelity Mobile is known for its comprehensive research tools and reliable customer service.
TradeStation 4.4 ★ Free TradeStation is a powerful app known for advanced analytical tools and zero-fee structure on stocks and ETFs.
Charles Schwab 4.3 ★ Free Charles Schwab offers an intuitive mobile trading experience with no fees for stock and ETF trading.
Interactive Brokers 4.3 ★ Free Interactive Brokers is a trading app for those looking for lower financing rates and a comprehensive suite of trading tools.
Merrill Edge 4.2 ★ Free Merrill Edge combines ease of use with a robust set of analytical and research tools, ideal for daytraders.
SaxoTraderGO 4.1 ★ Free SaxoTraderGO offers a seamless trading experience across a wide range of asset classes.
Plus500 4 ★ Free Plus500 is a user-friendly trading app offering CFDs across a variety of markets.

Quick Tips

  • Start with a demo account to practice day trading before risking real money.
  • Stay updated with real-time market news and events that could impact trading.
  • Keep a daily trading journal to analyze performance and refine strategies.
  • Utilize stop-loss orders to manage risks effectively.
  • Focus on trading highly liquid markets for better opportunities.

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