Best Stock Trading Apps for Android

Manage your portfolio. Buy and sell. The best Android stock apps do it all.

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Android device owners have plenty of choices when it comes to stock trading apps. From major investment firms to mobile-focused boutique brokerages, odds are there is a platform out there that’s a good fit for your stock trading needs.

However, knowing that every investor has unique goals and preferences, it may be a little complicated to find the right trading app. Our analysis of the best stock trading apps for Android on the market today can help you make an informed choice.

Best Stock Trading Apps for Android of 2020

Robo Advisor Why We Picked It Account Fees Account Minimum
Charles Schwab Best Overall 0% $0
E*TRADE Runner-Up 0% $0
Webull Best Free App 0% $0
SoFi Best for Beginners 0% $1
thinkorswim Best for Experts 0% $0

Charles Schwab: Best Overall

Charles Schwab

The Schwab Mobile app from Charles Schwab ranks as our best overall pick for the best stock trading app for Android. Schwab’s app is robust and packed with features that meet the needs of beginners, experts, and every investor and trader in between. Schwab brokerage accounts include free stock and ETF trades and come with no minimum balance requirements or recurring fees.

The mobile app for Android includes features to monitor and manage your accounts, place advanced trades and monitor trade status, get alerts about your stocks and stocks you follow, research investments with interactive charts, view real-time market data, and even stream CNBC TV.

Some new investors may find an app with so many features to be a bit overwhelming, but intuitive navigation and the ability to drill into the sections you care about most should help ease the learning curve. More experienced traders should find their needs met as well.

  • App name: Schwab Mobile
  • Account minimum: $0
  • Fees: No stock or ETF trading fee.
  • Tradable assets: Stocks, ETFs, mutual funds, options, fixed income, futures
Pros
  • Manage most of your account needs through the app

  • Both beginner-friendly stock trade forms as well as complex trades and advanced charting tools

  • Low account fees and trade commissions

  • Schwab plans to expand advanced platforms with features from TD Ameritrade’s thinkorswim

Cons
  • Some expert traders may find some features less developed than with competing apps

  • High commission for mutual fund trades off of no-transaction-fee (NTF) list

E*TRADE: Runner-Up

E-Trade Logo

E*TRADE was founded in 1982 and sent the first online stock trade order ever in 1983. With so much history with online trading, it’s no surprise that Etrade has a strong offering when it comes to its mobile apps. E*TRADE has no account minimum balances or recurring fees. Stock and ETF trades are commission-free.

The E*TRADE mobile app for Android has a variety of trader-friendly options: 

  • Basic trades and complex multi-legged options trades
  • Third-party research
  • Streaming Bloomberg TV 
  • Breaking news alerts for your portfolio and the markets

Pro-level traders can upgrade to the Power E*TRADE app for more powerful advanced charting and trading features.

E*TRADE has agreed to an acquisition by Morgan Stanley. That means  E*TRADE accounts are likely to become Morgan Stanley accounts in the future. If you are opposed to this, you may want to look elsewhere when choosing a stock trading app.

  • App name: E*TRADE
  • Account minimum: $0
  • Fees: No stock or ETF trading fee.
  • Tradable assets: Stocks, ETFs, mutual funds, options, fixed income, futures
Pros
  • Beginner-friendly, yet robust trading tools that are also useful for advanced traders

  • Enter multi-leg options trades and complex conditional orders

  • Good app for beginners looking to learn more about advanced trading strategies

  • Power E*TRADE app available for expert and professional-level traders

Cons
  • Pending acquisition by Morgan Stanely leaves future of E*TRADEapps questionable

  • No ability to directly trade international stocks

Webull: Best Free App

Webull logo

Webull 

If you want an app that makes your entire investing experience fee-free, Webull could be a good choice. Webull has no account minimums or fees. All stock, ETF, and options trades are free. That includes option contract fees, which most other brokerages still charge for. Webull is a relatively new brokerage, but it offers strong platforms and makes regular updates to offer features important to even the most sophisticated traders.

The Webull Android app gives you tools to manage your entire account and enter advanced trade orders. Webull’s app has support for voice commands. You can enter a trade saying “buy Apple” or other commands to sell or search. The app was built with active and options traders in mind. The Webull app gives you Level 1 and Level 2 quotes and includes some contingent orders such as OCO. These are advanced tools and order types not suitable for most beginners.

Webull isn’t completely free, though; it charges for margin borrowing and short selling. You’ll pay extra for advanced quotes from at least seven different services, but most traders won’t need that type of market data. Most traders will be able to use Webull without paying any fees. That’s great for newer traders learning how the markets work and expert traders looking to save money on options contract commissions.

  • App name: Webull
  • Account minimum: $0
  • Fees: No commissions
  • Tradable assets: Stocks, ETFs, options
Pros
  • Truly commission-free stock, ETF, and options trades

  • Tools useful to active traders that support advanced trading strategies

Cons
  • Relatively few asset-classes supported

  • The interface could be overwhelming for some beginners

  • No online chat support

SoFi: Best for Beginners

SoFi best investment apps

SoFi Invest is a great platform for beginners. It includes easy-to-use web and mobile trading with virtually no fees. SoFi Invest accounts come with no recurring fees and a $1 minimum. There are no fees to trade stocks or ETFs. You can trade cryptocurrency, too, but each trade has a built-in 1.25% fee.

Beginner-friendly features in the Android app include a simple interface, collections of stocks and ETFs that make it easy to navigate popular stocks by category, and simple but useful stock data screens and explanations to complex terms built right in.

Outside of the app, SoFi gives members some valuable features for free: financial planning sessions, career coaching, and community events. With low costs and beginner-friendly features, SoFi Invest is a good choice for beginners.

  • App name: SoFi
  • Account minimum: $1
  • Fees: No commission for stock or ETF trades
  • Tradable assets: Stocks, ETFs, cryptocurrencies
Pros
  • A no-fee account with low minimum balance and no commissions

  • Beginner-friendly mobile app features

  • Added free services for customers

Cons
  • No mutual funds or options

  • Few features for active or advanced traders

  • Crypto trades have fees

thinkorswim

TD Ameritrade

TD Ameritrade accounts have no minimum balance requirement, no recurring fees, and no commission for stock or ETF trades.

thinkorswim has advanced charting features, market news, paper trading (fake money to test trading strategies), and more advanced analysis features. If you are working on becoming an expert, you can chat with a trading specialist at TD Ameritrade from within the app. It also includes a CNBC live stream among other news features.

You can choose between the standard TD Ameritrade app, which is friendly to users of all backgrounds, or thinkorswim, with a TD Ameritrade account. TD Ameritrade is in the process of being acquired by Charles Schwab, but it has announced it plans to keep the popular thinkorswim intact.

  • App name: thinkorswim
  • Account minimum: $0
  • Fees: No commission for stock or ETF trades
  • Tradable assets: Stocks, ETFs, options, futures, forex
Pro
  • Advanced charting tools and analysis

  •  Live support and CNBC news stream in the app

  • All settings and preferences from thinkorswim desktop sync with mobile version

  • Paper money (play money) trading supported

Con
  • May be overwhelming for beginners and new users

  • Pending acquisition by Charles Schwab means accounts are likely to become Schwab accounts in the future

How Do I Use a Stock Trading App for Android?

Stock trading apps for Android make it easy to buy and sell stocks from the convenience of your phone or tablet. With these apps, you can fund a brokerage account and enter orders to buy and sell shares of stock in a matter of seconds.

Most brokerages feature no minimum balance, and many have recently added fractional trading (small slices of stock instead of full shares). 

Android vs. Apple Stock Trading Apps

Android and iPhone users shouldn’t fret too much about different features. Due to the massive popularity of both mobile operating systems, you can typically access the same features on both Android and Apple devices.

Pros & Cons of Stock Trading Apps

Pros
  • Trade stocks from your phone at no added cost

  • Never lose track of market data or stock prices as long as you have an internet connection

  • Many stock trading apps include the same advanced and expert trading features available on web and desktop trading platforms

Cons
  • Smaller screens can make managing your portfolio a little more challenging

  • Not all mobile apps have the same features as you would get on your laptop or desktop computer

How Should I Choose an Android App?

Instead of making your choice based solely on the Android app, it’s a good idea to look at the full feature offering of your favorite brokerages. Because you’ll likely be managing your account with multiple devices, it’s important to review all platforms to make sure they work well for your needs.

In addition to the beginner or advanced trading features you care about most, it’s also important to consider account and trade fees. While fees have been on the way down for a while, many brokerages still find ways to charge customers. Be on the lookout for fees for the types of trades you plan to enter most when choosing an account and app; options trades are typically the first place you’ll find fees.

How We Chose the Best Stock Trading Apps for Android

To choose the best stock trading apps for Android, we looked at more than a dozen different Android mobile apps from top brokerages in the U.S. The primary focus was on fees and features most important to stock traders, including beginners and active traders.

Article Sources

The Balance requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy .
  1. Charles Schwab. "Pricing." Accessed Sept. 7, 2020.

  2. E*TRADE. "About Us." Accessed Sept. 7, 2020.

  3. E*TRADE. "Online Brokerage Account." Accessed Sept. 7, 2020.

  4. Webull. "Trade Fees and Margin Interest." Accessed Sept. 7, 2020.

  5. SoFi. "Crypto Trading: Buy Bitcoin, Litecoin and Ethereum." Accessed Sept. 7, 2020.

  6. SoFi Invest. "Start Investing With $1." Accessed Sept. 7, 2020.

  7. TD Ameritrade. "FAQs: Opening." Accessed Sept. 7, 2020.