Best Online Trading App for 2026

Detailed Review of the Best Online Trading Apps

To make an informed choice of a mobile app, you need to read a detailed review of the broker offering it. This will help you to learn more about the company in general and its mobile app in particular. Traders Union experts have prepared the required information to help you make the right choice.

RoboForex is the best broker for a beginner trader

RoboForex is one of the best brokers for novice traders. Practice shows that newcomers choose this company primarily for its reliability and comfortable trading conditions. The minimum deposit at RoboForex is only $10. It is a small amount, but it is enough to understand the trading specifics and understand how the Forex market generally works.

Orders of RoboForex clients are immediately brought to the international market, working according to the "A-Book" principle, excluding a possible conflict of interest with the broker within the system itself.

RoboForex offers its clients the opportunity to invest in ETFs through its proprietary innovative trading platform - R StocksTrader. In it, you will find a variety of charts and quotes updated online for the following instruments: 12,000 stocks, currency pairs, indices, and ETFs. The minimum deposit to get started with R StocksTrader is $100. Additionally, an accessible constructor is built into the platform, which allows you to create trading robots on your own without programming skills. You can test the created Expert Advisor on a demo account.

ETF trading at RoboForex is available with leverage up to 1:20, depending on the selected account type. The minimum commission is 0.25 USD, and the spread is 0.01 USD. These instruments are traded 24/7, and the Stop Out level is 20%. The maximum number of ETF instruments available for investment through R StocksTrader is over 8400.

Another competitive advantage of the RoboForex broker is its innovative liquidity aggregation technology. It is also worth noting that RoboForex uses direct entry of orders to the market - STP, ECN. Advanced technologies for bringing client transactions to international platforms allowed the company to achieve excellent results in order execution speed (90-100 ms) with an average value of this parameter elsewhere in the market is 500 ms. In general, there are no negative reviews on the processing speed in RoboForex.

eToro is a broker for trading, investing and social trading

eToro provides access to investing in assets of various markets. The list of available stock instruments includes nearly 3,000 stocks, 15 indices, 15 exchange commodities and over 250 ETFs. The broker regularly expands the choice of ready-made investment portfolios that are balanced by the risk score and yield percentage. Theme portfolios with stocks (NVDA) and penny stocks of various industries, including energy, electronics, hardware, etc., are available.

eToro clients can also buy and sell stocks of companies that pay dividends. For passive investors, the broker has formed a portfolio of securities of international companies that have been paying dividends to their shareholders for at least 20 years straight. In addition, each eToro client can build his own portfolio or copy one from more experienced traders using the CopyPortfolios service.

Useful services by eToro:‌

• Market hours and events. This is a section on the official website of the broker featuring the trading hours for various instruments and also the dates of important market events.

• Dividend calendar. The calendar shows a list of companies that pay dividends to the holders of their shares. It also specifies the payment dates for different types of dividends – annual and periodic.

• Earnings reports. In this special calendar, you can find information about the expected reporting dates of companies with the highest market cap and the expected earnings per share (EPS).

• Demo account. You can use it to build a virtual asset portfolio, test the trading platform and the services of the company.

• eToro Club. There are five membership tiers:  Silver, Gold, Platinum, Platinum+ and Diamond. Each tier provides members with certain privileges, such as withdrawal fee and exchange fee discounts, a dedicated Customer Success Agent, etc.

• ESG. The ESG scores help investors consider social, environmental and governance indicators and risks, which are not taken into account in the fundamental analysis. Depending on the level of company leadership in its sector, its stocks on the trading platform are lit with one of three colors – green, yellow or red.

DEGIRO is an honest broker for medium and large investments

DEGIRO is a reliable intermediary between traders and major trading exchanges. The broker's clients can invest in stocks, bonds, ETF (trackers), investment funds, options, and other products that are listed on North America, Europe, Asia, and Oceania stock exchanges. Investors are provided with a convenient platform and trading application that allows them to monitor transactions in real-time. The company is chosen for its low trading fees, multiple licenses, and a wide range of assets available for trading. DEGIRO strives to provide clients with a secure trading environment, therefore, ensures the maximum degree of data protection and the investors' assets safety.

You can trade both in the web terminal and using the mobile application. After opening an account, you get access to the current news feed, current market analytics and quotes from the largest stock exchanges in Europe and the world.

Useful services of DEGIRO:‌‌

• Blog. Section with investment ideas, analytical articles, and analyzes of the latest economic and financial events.

• Exchanges’ working hours. Displays the world exchanges working hours, as well as a holiday calendar.

• Investor Academy. A section with investment lessons for novice traders.

Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

SoFi Invest is the company for trade, investment, and financial planning

SoFi Invest is an investment product that offers two types of accounts. The first of these is an active trading account that allows traders to buy securities and cryptocurrencies. The second type of account is an investment account controlled by a robot advisor, which offers users portfolios that are pre-created taking into account the level of risk and available capital. Clients of SoFi Invest have access to planning and wise investing guides, various types of calculators, and daily newsletters.

The broker does not use terminals of third-party software developers but offers a proprietary platform adapted to the various needs of its users. The terminal is presented in two iterations - web and mobile. A desktop version is not available. Through a single application, the company’s clients can manage cash, savings, and investment accounts, as well as arrange loans, credits, and mortgage loans.

SoFi Invest’s useful services:‌

• SoFi Daily Pod. Daily podcasts of stock market news and events to listen to on the SoFi app or on Apple, Spotify, and Amazon.

• Investing 101 Center. A section with information about investing, which will be useful to both beginners and experts.

• Calculators. The broker’s website has special tools for calculating investments, the number of debt payments on loans, and mortgage payments.

M1 Finance is a self-directed investment platform

M1 Finance is designed for self-directed investors who want to build and manage their own portfolios. Clients are not offered consulting services, services for automatic conclusion of transactions, or investment programs in which the investor can participate exclusively, materially, and transfer responsibility for capital management to a third party. To make investing simple and understandable, the company has developed its Pie-based portfolio system, which allows you to track portfolio returns and rebalance the portfolio in one click.

Trading operations are carried out on M1's own platform. The company also offers mobile applications for iOS and Android, so that the user can manage the portfolio from a convenient device and place. There is no fees for using the application and trading platform on a PC.

Useful M1 Finance services:

• Borrow. The company provides an opportunity not only to invest but also to arrange loans with a low interest rate. To borrow on margin with M1, you need a minimum of $2,000 invested, and you can borrow up to 50% of your portfolio's value at a flat rate of 6.25% (rate is subject to change).

• Earn. M1 offers High-Yield Cash Accounts that allow clients to earn competitive interest rates on their cash balances.

• Newsroom. In this section, customers can read the latest mentions of the company in the press, as well as read press releases.