You are using an older browser version. Please use a supported version for the best MSN experience.

The Best Trading Apps for New Investors: Robinhood and Beyond

GOBankingRates Logo By John Csiszar of GOBankingRates | Slide 2 of 11: Robinhood was the first popular trading app to unveil zero-commission trading, and it remains among the industry leaders. Many of Robinhood’s features have now been copied by other apps, but it continues to innovate with a focus on making its service user-friendly and easy to use. Robinhood does allow fractional share trading, which not all zero-commission apps do. In addition to free stock and ETF trading, Robinhood also offers commission-free cryptocurrency trading. Robinhood’s interface is also helpful for beginning investors as it allows them to customize their news feeds and alerts. For example, you can elect to receive push notifications if one of your stocks moves by 5% or 10%, or if a stock you are watching hits a predesignated target price. Read: Robinhood Review: Is This the Right Platform for You? See: 10 Cheap Cryptocurrencies To Check Out

Robinhood

Robinhood was the first popular trading app to unveil zero-commission trading, and it remains among the industry leaders. Many of Robinhood’s features have now been copied by other apps, but it continues to innovate with a focus on making its service user-friendly and easy to use. Robinhood does allow fractional share trading, which not all zero-commission apps do. In addition to free stock and ETF trading, Robinhood also offers commission-free cryptocurrency trading.

Robinhood’s interface is also helpful for beginning investors as it allows them to customize their news feeds and alerts. For example, you can elect to receive push notifications if one of your stocks moves by 5% or 10%, or if a stock you are watching hits a predesignated target price.

Read: Robinhood Review: Is This the Right Platform for You?

See: 10 Cheap Cryptocurrencies To Check Out

© PeopleImages / Getty Images

More from GOBankingRates

GOBankingRates
GOBankingRates
image beaconimage beaconimage beacon