Top Investment Apps to Keep You Ahead in the Mobile World
The advent of mobile technology has had a major impact on people’s day-to-day lives, especially in the field of finance. Today, investors trust their smartphones and tablets more than their laptops. This shift is significant and has prompted app developers to work hard to meet the needs of these investors. Below are some of the best investment apps on the market, designed to help you stay on top of your game.
This free app is perfect for investors who want to gather important financial news, global market stories, prices in real-time and daily analysis of the market on the go. It offers quick access to new stories with MarketWatch, making it easier to remain updated with everything you need to know.
Pros: The quick access to news stories is a valuable tool for any investor.
Cons: The app requires users to swipe up and down to check out the latest market update, which is spontaneous compared to swiping left and right, a common feature in other apps.
Forbes is a trusted name in the financial world. Its app provides video interviews, panel discussions, investment articles, and features relevant to the market, making it essential for investors.
Pros: Forbes app provides a good insight about the world of finance from valued professionals. It’s constantly updated with current news features, enabling you to save favorite videos and features.
Cons: The app takes a disappointingly long time to open, and some sections are empty. The interviews with top experts in the field aren’t lively, and the video freezes just as you become captivated in an interview.
Bloomberg is perfect for providing up-to-the-minute information on stocks, bonds, commodities, and currencies all over the world. Besides trackers for this information that you can customize as you see fit, the app also offers breaking news and headlines from Bloomberg’s global journalism network. The app presents these features in an easy-to-use, highly eye-pleasing package.
Pros: Bloomberg provides lots of customization options, stock summary and graphs that help investors make an informed decision.
Cons: Users with wide portfolios may need more information than what Bloomberg app provides. Users can’t hide news sections that are not relevant.
SigFig stands out for going the extra mile to provide such services that can make it your most trusted adviser. SigFig will give you all the information about hidden fees, overcharges, drifting funds, and other problems that you might use to neglect. SigFig also offers suggestions to optimize your gains.
Pros: This app gives you the best way to look at your stocks and other investments. Shows everything clearly, in the best format, and suggests better investments according to their automatic algorithms.
Cons: Many other investment apps offer complete services for storing and checking investment data and updating your portfolio, and SigFig is no exception.
If you’re one that uses analyst ratings as part of your research, AnalystRT is for you. This app includes analyst ratings for thousands of stocks, allowing you to create a watch-list for stocks that you’re considering buying.
Pros: With Analyst Rating Tracker, you can track Buy, Sell, Hold stocks ratings given by research analysts from the world’s largest banks and research firms in the palm of your hands.
Cons: There is no website interface for the data, meaning you cannot access the same info from the website.
This app features a unique view of global stocks and exchange-traded funds (ETFs). Users can change the way the app categorizes stocks between percentage gains, market capitalization, volume, and alphabetic.
Pros: This app has a very attractive, responsive graphical interface that provides a quick view of the market trends, charts, and summary information.
Cons: You can’t monitor ETFs, mutual funds, or stocks not categorized in the top 100 of their sector.
Technical traders will love this app. In this app, users can view bar, line, candlestick, or wave charts with various indicators. They can even include trend lines, remarks, rays, sections, and zigzags.
Pros: All the news, posts, and opinions from more than 200,000 users of ST can be viewed at the right of the screen.
Cons: Some functionality just doesn’t respond, and some technical indicators are missing.
This app is an all-in-one app that doesn’t only allow investors to get real-time price quotations for almost any stock, ETF, mutual fund, or option, but also allows them to buy and sell them.
Pros: Voice recognition, barcode scanning, educational videos, research reports, and additional chart features are added in this app.
Cons: Once orders are executed, there is no functionality available to easily close out positions from the menu.
Motif Investing helps investors make investment strategies in a safe environment. The app uses themed portfolios to explain the ups and downs of the financial markets, providing a valuable learning experience.
Pros: Motif does offer investors the opportunity to essentially create their own ETFs.
Cons: Motif doesn’t offer the trading tools and research opportunities of some traditional brokerages.
Personal Capital simplifies procedures by giving you a platform to organize all of your investment information in one convenient place. The app’s greatest deal is its simplicity and effectiveness; it will shorten your broad financial status into a concise summary.
Pros: Personal Capital can be used on your computer, smartphone, or tablet, making it easy to check or track accounts on the go.
Cons: There isn’t much bad about this app. It’s exceptional for a free tool.
StockTwits is like Twitter for traders. Along with the Twitter-style feed, some traders also post charts and videos offering free technical analysis. If you’re a short-term broker, this app is very useful to watch, and best of all, it’s free.
Pros: StockTwits is ideally suitable for those who need a social network to keep them updated in to what other investors are thinking and doing.
Cons: The Twitter feed doesn’t update often enough, and the stream doesn’t automatically update.
The CNBC Real-Time app gives you free access to real-time stock prices – before, during, and after market hours from both the New York Stock Exchange and NASDAQ Marketplace.
Pros: The app also lets you receive CNBC breaking news alerts, top news stories and analysis, and access the latest CNBC business video clips, interviews, and market updates.
Cons: The ads in this app are problematic and exhausting. The current version has ads that take up 10% of the content space, making it less user-friendly than previous versions.
The Daily Stocks app can provide you with all the technical updates in the market and is aimed to focus on trends in the marketplace built on some technical analytical techniques. This kind of information is mainly the field of fairly serious traders.
Pros: Daily Stocks works great in landscape and portrait mode. Landscape mode shows you a little more information and it’s very easy to use.
Cons: There is a lack of international markets data information, meaning that non-US investors will find it somewhat inadequate.
Yahoo Finance app is a complete finance place. It delivers breaking news, related market synopses, lending rates, and other financial news. The app also offers segments for investing, news, and estimation, personal finance, and tools for chasing the market and creating an online portfolio.
Pros: Yahoo Finance is comprehensive and has information for every investor, regardless of experience or knowledge.
Cons: The data loading issues and the overall usage make it not nearly as user-friendly.
Stock Guru is a robust engine that delivers real-time study for nearly 7,000 stocks. Users can analyze risk, drive, and financial power, and a unique guru rating that sums up all of the data for those who don’t want to dive into the details.
Pros: This is the only hedge fund holding tracking app in the market to view hedge funds.
Cons: One downside of this app is that it doesn’t have enough hedge funds in the database.
The world is going mobile and fast, and the role of mobile technology is increasing, especially in finance. With the right investment app, investors can get real-time updates, breaking news, and analysis on the go. The above apps are great for tracking investments, portfolio management, research, and staying up to date with the financial world. Whether you’re a beginner or an experienced investor, there’s an app to suit your needs.