To help you find the best stock trading apps, we went ahead and did the research for you. First, we looked at the 100 quality online brokers that we cover, then checked their stock trading app and fees. And now, let's see the winners!
Our top 5 picks for the best stock trading apps of 2022:
- Saxo Bank is the winner.
- Webull came in second.
- Robinhood rounds out the top three.
- Questrade is fourth.
- Fineco Bank just made it to the list in fifth place.
| Name | Stock trading app score | ||
|---|---|---|---|
| #1 | Saxo Bank | 5.0 stars | Visit broker |
| #2 | Webull | 5.0 stars | Visit broker |
| #3 | Robinhood | 5.0 stars | Visit broker |
| #4 | Questrade | 4.8 stars | Visit broker |
| #5 | Fineco Bank | 4.7 stars | Visit broker |
What makes a good stock trading app? First, it has to be user-friendly and provide intuitive solutions. It also has to offer fair fees. Safe login, a good search function, a wide selection of order types, price alerts and order confirmation availability are also among the most important factors when selecting the best of the best.
And now, let's see the best stock trading apps one by one. Starting with the winner, Saxo Bank.
#1 Best stock trading apps
Saxo Bank
Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).
Saxo Bank is a global service provider and its subsidiaries are present in the form of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Bank UK.
Being regulated by top-tier financial authorities, and having a long track record and a banking background, are all good signs for Saxo Bank's safety.
#1 Saxo Bank
App functionalities and features
Saxo Bank's user-friendly mobile app has the same look and very similar functionalities as the web platform.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good search function |
The Saxo Bank stock trading app is available for both iOS and Android.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | No |
| Number of order types | 5 | 5 | 5 | 5 | 4 |
| Search function | Great | Great | Great | Mid-range | Great |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#1 Saxo Bank
Stock trading fees
Saxo Bank stock trading fees are average.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| US stock | $10.0 | $0.0 | $0.0 | $5.0 | $4.0 |
| UK stock | $11.2 | - | - | - | $4.1 |
Non-trading fees
Saxo Bank has average non-trading fees.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#2 Best stock trading apps
Webull
Webull is a US-based fintech startup offering zero-fee or discount brokerage services. Founded in 2017, the company is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) as well as the Hong Kong Securities and Futures Commission (SFC).
Webull is regulated by top-tier financial authorities and provides a maximum of $500,000 investor protection, including a $250,000 limit for cash under the Securities Investor Protection Corporation's (SIPC) protection scheme, which are all great signs for its safety.
#2 Webull
App functionalities and features
Webull's mobile app is user-friendly and well-designed. The platform has every feature you may need, including an advanced order panel, price alerts and two-step login.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good variety of order types |
The Webull stock trading app is available for both iOS and Android.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | No |
| Number of order types | 5 | 5 | 5 | 5 | 4 |
| Search function | Great | Great | Great | Mid-range | Great |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#2 Webull
Stock trading fees
Webull stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| US stock | $10.0 | $0.0 | $0.0 | $5.0 | $4.0 |
| UK stock | $11.2 | - | - | - | $4.1 |
Non-trading fees
Webull has low non-trading fees.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
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#3 Best stock trading apps
Robinhood
Robinhood is a US-based, zero-fee discount broker established in 2013. The company is regulated by top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
Besides the brokerage service, Robinhood also introduced Cash Management to help clients earn interest on uninvested funds. Click here for more details on this great and unique service.
BrokerChooser is committed to bringing high transparency and clarity to its customers, including brokers and partners. BrokerChooser's Advertiser Disclosure.
Robinhood published recently its S1 disclosure. If you're interested in analyzing Robinhood's business numbers and how they stack against up other brokers, check this report.
#3 Robinhood
App functionalities and features
The Robinhood mobile platform is one of the best we've tested. It is safe, well designed and user-friendly.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good search function |
The Robinhood stock trading app is available for both iOS and Android.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | No |
| Number of order types | 5 | 5 | 5 | 5 | 4 |
| Search function | Great | Great | Great | Mid-range | Great |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#3 Robinhood
Stock trading fees
Robinhood stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| US stock | $10.0 | $0.0 | $0.0 | $5.0 | $4.0 |
| UK stock | $11.2 | - | - | - | $4.1 |
Non-trading fees
Robinhood has low non-trading fees.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#4 Best stock trading apps
Questrade
Questrade, founded in 1999, is one of the most popular brokerage firms in Canada. It is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF).
Questrade is considered safe because it has a long track record and is regulated by a top-tier regulator.
#4 Questrade
App functionalities and features
The Questrade mobile trading platform is great. It is user-friendly and well-designed.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good variety of order types |
The Questrade stock trading app is available for both iOS and Android.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | No |
| Number of order types | 5 | 5 | 5 | 5 | 4 |
| Search function | Great | Great | Great | Mid-range | Great |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#4 Questrade
Stock trading fees
Questrade stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| US stock | $10.0 | $0.0 | $0.0 | $5.0 | $4.0 |
| UK stock | $11.2 | - | - | - | $4.1 |
Non-trading fees
Questrade has low non-trading fees.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
#5 Best stock trading apps
Fineco Bank
Fineco Bank is an Italian bank, founded in 1999. It is regulated by the Bank of Italy, the Commissione Nazionale per le Società e la Borsa (Consob), and also subject to limited regulation by the UK's Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
Fineco Bank has a banking license, is listed on the Italian stock exchange (Borsa Italiana), and is a constituent of the STOXX Europe 600 stock index.
At the time of our review, Fineco Bank accepted customers from the UK and Italy only. The service is slightly different for UK and Italian customers, e.g. fees are different. In this review, we tested the company's UK services, but we'll highlight all relevant information for Italian customers as well.
Fineco Bank is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, and discloses its financials transparently.
#5 Fineco Bank
App functionalities and features
Fineco Bank's mobile trading app is well-designed and easy to use, and search is a breeze. Like on the web platform, though, alert functions are limited and there's no two-step login.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Good search function | |
| • Modern design |
The Fineco Bank stock trading app is available for both iOS and Android.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | Yes | Yes | No |
| Number of order types | 5 | 5 | 5 | 5 | 4 |
| Search function | Great | Great | Great | Mid-range | Great |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendliness | Great | Great | Great | Great | Great |
#5 Fineco Bank
Stock trading fees
Fineco Bank stock trading fees are low.
It's not easy to compare fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK. By typical trade we mean buying shares for $2,000 and then selling them.
Here is the verdict:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| US stock | $10.0 | $0.0 | $0.0 | $5.0 | $4.0 |
| UK stock | $11.2 | - | - | - | $4.1 |
Non-trading fees
Fineco Bank has low non-trading fees.
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | Yes | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
If your want to learn more, check out our detailed article on the various types of brokerage fees.
Best stock trading apps
Bottom line
Now that you've seen the details, let's zoom out. Here is the summary of the best stock trading apps of 2022:
| Saxo Bank | Webull | Robinhood | Questrade | Fineco Bank | |
|---|---|---|---|---|---|
| Mobile platform score | 5.0 stars | 5.0 stars | 5.0 stars | 4.8 stars | 4.7 stars |
| Stock fee class | Average | Low | Low | Low | Low |
Saxo Bank is our winner, the best stock trading app.
Pick the winner or any runner-up and take the next step in your investment journey. Let us know what you think in the comments section.
Still unsure which app and broker to choose? Use our broker finder tool to find the best app for you or learn more about investing your money.
