For generations, the US inventory market has had a stronghold on the worldwide economic system: the world’s largest companies are listed on Dow Jones, Nasdaq, and the New York Stock Exchange, and it makes up over half of the world’s monetary market. It’s no marvel that many buyers from all all over the world wish to money in on the US inventory market.
If you’re based mostly outdoors of the US however would nonetheless like to purchase US shares, listed here are the most effective apps provided in numerous areas.
The Best US Stock Trading Apps for Users in Europe
1. Trading212
Headquartered in London and controlled by the Financial Conduct Authority, Trading212 goals to democratize monetary markets with an easy-to-use app. The platform permits customers to purchase and promote shares, ETFs, and CFDs on zero fee.
Creating an account on Trading212 is free. However, if you’re a seasoned dealer and you prefer to entry to extra buying and selling options on the platform, you’ll be able to improve to a Pro buying and selling account offered that you simply fulfill the next standards:
- At least one yr {of professional} expertise within the monetary sector, able that has given you information of CFD buying and selling;
- You maintain an funding portfolio of at the very least EUR/GBP/USD 500,000; and
- You have traded with a mean of 10 occasions in every of the final 4 quarters on CFD or Forex in vital dimension with Trading 212 and/or different suppliers.
Download: Trading212 for Android | iOS (free, in-app purchases obtainable)
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2. DEGIRO
As Europe’s fastest-growing stockbroker, DEGIRO is used throughout 18 international locations in Europe and affords a aggressive dealing payment for UK and Europe exchanges. For UK shares, there’s a cap of £5. For most non-UK shares in European exchanges, there’s a payment of €4.00 + 0.05%.
Compared to different on-line brokers on the listing, DEGIRO has extra funding choices. For those that intend to diversify their portfolio, ETFs, futures, leverage merchandise, bonds, choices, and warrants can be found on the platform. Users are additionally capable of create 5 kinds of accounts relying on their expertise: a primary account, energetic account, commerce account, day dealer account, and custody account.
Download: DEGIRO for Android | iOS (free, in-app purchases obtainable)
3. eToro
Branding itself as “the world’s leading social trading and investing platform”, eToro was based in Israel in 2006, however now boasts tens of millions of customers in 140 international locations. eToro is your one-stop platform with hundreds of shares, ETFs, and CFDs throughout totally different industries obtainable for commerce. The app additionally takes zero fee, zero administration charges, zero rollover charges, and nil extra dealer charges.
If you’d prefer to make extra knowledgeable investing selections, eToro additionally has a singular perform referred to as the CopyTrader the place you’ll be able to view what professional merchants are investing in in real-time, and immediately replicate their strikes.
eToro can also be the one on-line dealer on this listing that provides to commerce within the cryptocurrency market, having launched cryptocurrency buying and selling on the platform since 2017. So, when you’re desperate to get your palms on some Bitcoin, Ethereum, and even Cardano, you don’t must create separate accounts on cryptocurrency exchanges like Binance or Coinbase—eToro is the place to go.
Download: eToro for Android | iOS (free, in-app purchases obtainable)
The Best US Stock Trading Apps for East & Southeast Asia Users
1. Tiger
For customers in East Asia in addition to Southeast Asia, Tiger is a well-liked choice. The buying and selling platform supplies entry to customers seeking to commerce equities in not solely the US, but additionally Hong Kong, Singapore, and Australia. There is not any minimal steadiness or deposit required to commerce, and customers who join instantly have entry to market knowledge and a number of inventory vouchers.
Instead of 5 kinds of accounts like DEGIRO, frequent merchants on Tiger might be categorized into three tier ranges. Depending on the variety of shares that you simply order, you could be both a Silver Trader, Gold Trader, or Ace Trader.
To deliver extra merchants onto the platform, Tiger additionally has a promotion the place new customers can obtain free shares from Apple and Xiaomi.
Download: Tiger for Android | iOS (free, in-app purchases obtainable)
2. Moomoo
Moomoo is one other buying and selling platform that’s taking off in Singapore. The platform not solely affords customers entry to the UK inventory market, but additionally entry to the Hong Kong Stock Exchange and A-list shares in China. The vary of investments obtainable on Moomoo is comparatively restricted and should solely be of curiosity to these seeking to put money into shares, ETFs, and choices.
However, Moomoo makes up for this with aggressive buying and selling charges: all trades on the US inventory market are commission-free, and regulatory charges for Hong Kong and China A-list shares are priced from $2 to $3 per order.
Just like Tiger, new customers from Singapore are additionally eligible without cost shares: offered that you simply deposit a sure sum of money, you’ll be able to rating free shares from Apple, Tesla, or the Bank of America.
Download: Moomoo for Android | iOS (free, in-app purchases obtainable)
The Best US Stock Trading App for Users in Australia and New Zealand
1. Stake
Stake permits customers from Australia and New Zealand to purchase and promote shares within the US with out having to open a US-based buying and selling account. Stake has hundreds of shares, mutual funds, and ETFs obtainable so that you can purchase and promote. The app additionally has a referral program the place when you ship a referral code to a pal they usually obtain Stake, each of you’re eligible to win a free inventory from Dropbox, GoPro, or Nike.
In response to widespread demand, Stake can also be within the course of of creating the Australian inventory change obtainable on its platform.
Download: Stake for Android | iOS (free, in-app purchases obtainable)
Buy and Trade within the US Stock Market With These Apps
Given the US’ stronghold on the worldwide economic system, it’s no shock that individuals from all all over the world wish to commerce on the US inventory market, and with the apps above, investing in US shares has by no means been simpler.
If you’re prepared to begin your journey on the earth of investing and finance, simply hop onto your smartphone’s app retailer, and in lower than an hour, you should have Apple’s or Tesla’s shares in your fingertips.
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About The Author
Jie Yee Ong
(65 Articles Published)
Currently based mostly in Melbourne, Australia, Jie Yee has expertise in writing in regards to the Australian actual property market and the Southeast Asian tech scene, in addition to conducting enterprise intelligence analysis within the wider Asia-Pacific area.
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