Investment is a great way to rake in copious amounts of cash as long as you have a sound head on your shoulders, understand the market, and are willing to take some risks. 2018 brings plenty of opportunities to become a more informed and educated investor thanks to the following Android investment apps:
This app enables investors to purchase fractional stock shares. So, if the thought of spending money on a company trading at $1,000 per share freaks you out, Stockpile lets you invest in 0.10 shares worth $100. Although the minimalistic interface offers limited analysis and research capabilities, the app more than makes up for it by charging a mere $0.99 for each trade made and requiring a minimum investment of only $5.
However, keep in mind that Stockpile prevents you from buying companies trading below $6. Thus investors wishing to trade penny stocks should check out another investing app. Thankfully, the app possesses the unique feature of allowing users to send gift cards for stocks, thereby permitting investors to send shares or partial stock shares to someone. The recipient is allowed to exchange that particular stock for something different.
This RSS app allows you to follow different news sources in a single spot. Investors often find it challenging to stay updated on the latest goings-on in the finance market. Feedly helps overcome that disadvantage as it lets users follow multiple finance news websites and blogs. You can either read the content individually or organize it in a huge feed for scrolling through at your convenience. The app is easy to use and helps you compile your stock market news sources under one handy platform.
3. Investing.com Apps
There are two amazing investing apps available from Investing.com – a regular stock market app and the other about cryptocurrency. While the first one consists of news regarding forex, stocks, and so on, the second one features updates on exchange rates and can track Bitcoin and another cryptocurrency. Both these apps are handy and possess streamlined layouts with lots of information. You can download the apps for free with advertising. However, to remove the ads, you must opt for a subscription.
JStock remains a strong investment app that supports 34 separate stock markets and allows you to analyze your stocks. What’s more, you can view a charted history of your stocks going back a decade. Once you sign on for the premium service, new features will be unlocked, including unlimited usage and cloud storage integration. Plus, a news section also becomes available that helps you keep track of all the developments in the stock market.
Despite being one of the more recently released apps for investing in the Android market, MyStocks has gained quite a large following thanks to the various features on offer. Some of them, such as real-time charts and quotes of funds, stocks, currency exchanges, ETFs, and futures, prove extremely useful. You can change the settings so that the app alerts you whenever a particular stock attains a specific price. The material design of the app makes it user-friendly. Investors can download the free version of MyStocks or purchase the pro version for a reasonable $2.99.
6. Capital.com App
The app from Capital.com helps you manage trades easily. The platform has been carefully designed to fulfill the requirements of investors, both new and experienced. Negative balance protection means whenever the market moves against you, and your account will be protected against dropping below zero. Any potential losses will be limited to the balance in your account. All the user data gets processed in a secure regular environment that is compliant with PCI DSS. Plus, sensitive data receives full protection, and all your funds remain separate from the company’s in segregated accounts. More details you can find.
7. NetDania Forex and Stocks
This is a top-rated investing app for one simple reason – it offers comprehensive details on 10,000 stocks and 2,000 currency pairs. You can even lookup details on 20,000 financial instruments too. This app also lets you set alerts, save vital information in your portfolio, and read country-specific market news. The overall look of the NetDania app is also worth noting with its clean and efficient design.
8. SigFig Wealth Management
The SigFig app can be used to note stock prices and track investments. You may even use this app to invest in SigFig and help them take care of your portfolio more effectively. The company charges an annual fee of 0.25 percent with zero trading fees. That’s about as good a deal as it gets. The clean design of the app manages to push lots of details without compromising on the layout.
The first thing you notice about this investment app is its beautiful layout and material design. The app lets you create stock watch lists, sort stocks by their gains and losses, and monitor trending stocks over a period of time. It’s a lot simpler than other investing apps, so you should have no trouble getting the maximum benefit out of this streamlined tool. StockTwits can be downloaded and used completely free of cost. There are plenty of day traders in the StockTwits community wanting to know about the technical analysis processes; learn with them.
Unless you’ve been living under a rock these past few years, you’ve obviously heard about Bitcoin. While cryptocurrencies are a lot riskier than standard investments, Coinbase makes it quite easy to purchase and sell Bitcoin. Investors also have the opportunity to sell Ethereum and Litecoin from the same account. The simplistic nature of the interface means that you won’t have to struggle with tracking prices, and transactions can be made easily using your credit card or bank account. No wonder, Coinbase reached the top spot on the Android App Store for several days with these great capabilities.
So, there you have it – a list of the ten best investment apps for the Android platform that can build you a fortune. It all comes down to selecting the right app that meets your requirements.