Making Money On The Move

StrategyDriven Practices for Professionals | Making Money On The Move

Want to make money this year? Well, if you’ve thought about buying and selling stock investments but been put off in the past by having to work with a stockbroker and having to pay this stockbroker, then fear no more. Today you can you can enter your own stock trades through a stock broker’s website or stock trading app. Mobile trading from your smartphone or tablet can be done on the go and means you don’t have to be stuck in an office, chained to your computer. You don’t even have to have your laptop, so you don’t necessarily have to chase WiFi signals at coffee shops or a shared workspace. Mobile trading allows you to manage your investments from anywhere that you have service. This means that whether you’re on holiday abroad or just out and about doing everyday activities, you have access to your accounts and trading.

Mobile trading isn’t just a way of checking your account balances or the price action of stocks, it is a way of trading stocks on your phone, executing instantly no matter where in the world you are. Here are a few great apps that you can use to make money on the move.

TD Ameritrade Mobile

TD Ameritrade is one of the largest brokerage firms, and the company offers multiple mobile apps depending on your needs. The basic TD Ameritrade Mobile app gives you much of the power you have on your desktop stock trading app in a mobile experience for iOS, Android, and Windows phones but for a more powerful trading experience, there is the TD Ameritrade Mobile Trader app which is available for iOS and Android.

For beginning and passive investors, the TD Ameritrade Mobile app offers plenty of power for your needs. You can customize your dashboards and screens, access research and advice, transfer funds, get market alerts, and even watch videos teaching how different types of trades and investments work. TD Ameritrade Mobile Trader is better for advanced and active investors, as it is loaded with charts, technical indicators, and analysis to help you make trade decisions and enter on the go.

IQ Option

IQ Option is a top investing application with a clean and intuitive interface, created to meet the needs of the most demanding traders. This platform provides clients with an opportunity to trade 500+ assets: from Forex and indices to commodities and stocks. With IQ Option, EUR/USD, GBP/AUD, CAD/CHF, shares of Tesla, Netflix, Spotify, Alibaba, oil and gold so many more can be traded just as easily and on the same platform.

Acorns

An excellent one for beginners, if you want to invest and have no idea what to do, Acorns is a good one to start with. Once you link your bank account, Acorns will track your regular spending and “round up” purchases, which is then transferred to your Acorns account to invest. You can also transfer funds to your account manually. Once your money land in your account, Acorns will automatically build a portfolio of stock and bond investments based on a brief questionnaire you complete when signing up for a new account. The robo-advisor style app invests exclusively in ETFs to build you a diverse, broad portfolio in line with your investment goals.

To learn more, read Best Mobile Trading Apps by AskTraders.

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