Top Apps for Beginner Investors to Get Started
Getting started with the stock market and investing can be a bit frightening, but luckily there are great apps to help you. You no longer need a broker as you get all the guidance and practice online. What makes these apps great is that many of them allow you to practice without money before you start investing your actual money.
These are the best apps to look at when you are just getting started.
Stock Market Simulator
You can invest virtual funds while playing the US stock market before using your real money. This gives you the opportunity to get a feel for how things work and how you can recognize good and bad stocks. This is a very good way to get an understanding of how the stock market works.
People are loving this app due to its sleek design and user-friendly nature. You can sync your stock portfolio across different devices and you can do quick stock checks before making decisions through the app. This is definitely a good option for beginners after using a simulator.
This app offers a great combination of stock and trading information and news and other news. It is the only place you need to go to find out everything that is going on in the world of finance and other areas.
This is a very good app to use once you are comfortable with the stock market. The app is known for its investment tools and allowing its users to manage and track all their stocks through the app. You will receive updates, news, and advice through the app and get free portfolio management for the first $10 000.
It is always wise to first try a simulator app before you start investing your hard-earned cash. Once you have the understanding ofhow things work, upgrade to a full stock and trading app. Each app has its own way of doing things, so try them out and choose the one that you like.