Best stock trading apps in the US for 2020

Robinhood
4.5
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Fidelity
4.9
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Webull
4.4
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Best stock trading apps in the US for 2020

To help you find the best stock trading apps in the US, we went ahead and did the research for you. First, we selected 59 quality online brokers, then we checked their stock trading apps, stock trading fees, tradable markets and more. We went deep, so you won't have to.
5 stock trading apps made it to the top. We highly recommend all 5 to you. And now, without further ado...

Our top 5 picks for the best stock trading apps of 2020 in the US:

  1. Robinhood is the winner. User-friendly. Two-step (safer) login. Good search function.
  2. Fidelity in the second place. User-friendly. Good search function. Good variety of order types.
  3. Webull. rounded out the top three. User-friendly. Two-step (safer) login. Good variety of order types.
  4. Tradestation, numero quatro. User-friendly. Two-step (safer) login. Good variety of order types.
  5. E-Trade. User-friendly. Good search function. Good variety of order types. Just made it to the list with being number five.
Best stock trading apps in the US
Name Company info Stock trading app score
#1 Robinhood US zero-fee discount broker 5.0
#2 Fidelity US stockbroker 4.8
#3 Webull US discount broker 5.0
#4 Tradestation US stockbroker 4.8
#5 E-Trade US stockbroker 4.5

The stock trading apps are always operated by a financial company, usually by a brokerage company.

What makes a good stock trading app? First, it has to be user-friendly and provide great functions. It also has to offer fair fees. Safe login, product search function, order types, price alert and order confirmation availability are also among the checked factors . Easy to list, but hard to figure it out. We are testing the stock trading apps with real accounts and real money. We know what's up.

And now, let's see the best stock trading apps one by one. Starting with the winner, Robinhood.

Robinhood Logo

#1 Best stock trading app in the US for 2019
Robinhood

4.5

BrokerChooser committed to bringing high transparency and clarity to our customers not just brokers, but also our partners: BrokerChooser's Advertiser Disclosure

Robinhood is a US 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).

Robinhood crashed three times between 03 March and 09 March 2020 not letting its clients log in and/or trade in volatile market conditions. This review and its score does not reflect these incidents yet.

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#1 Robinhood
App functionality and features
5.0

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

Robinhood stock trading app is available on both iOS and Android.

Robinhood stock trading app
Robinhood Fidelity Webull Tradestation E-Trade
Two-step authentication Yes No Yes Yes No
# of order types 5 5 5 5 5
Search function Great Great Great Mid-range Great
Price alerts Yes Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes Yes
User-friendly Great Great Great Great Great
Best stock trading apps in the US - Robinhood stock trading app

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#1 Robinhood
Stock trading fees

Robinhood stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular markets, the US and the UK.

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Robinhood stock trading app fees
Robinhood Fidelity Webull Tradestation E-Trade
US stock $0.0 $0.0 $0.0 $1.0 $0.0
UK stock - $10.8 - - -

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

Want to check the pricing by yourself? Here you go:

Robinhood stock trading app pricing
Robinhood Fidelity Webull Tradestation E-Trade
US stock Stock and ETF trading is free Free stock and ETF trading $0 per trade $0.01 per share; min $1 Free stock and ETF trading

Non-trading fees

Robinhood has low non-trading fees.

Robinhood non-trading fees
Robinhood Fidelity Webull Tradestation E-Trade
Account fee No No No No No
Inactivity fee No No No Yes No
Withdrawal fee $0 $0 $0 $35 $0

Feel free to check out more about brokerage fees if your want to learn more.

#1 Robinhood
Account opening
5.0

Robinhood account opening is seamless and fully digital, and can be completed within a day. On the negative side, only US and Australian clients can open an account.
Pros Cons
Fast Available only for US and Australian clients
Fully digital
No minimum deposit
Robinhood minimum deposit and time to open an account
Robinhood Fidelity Webull Tradestation E-Trade
Minimum deposit $0 $0 $0 $500 $500
Time to open account 1 day 1-3 days 1 day 1 day >3 days

You can start the account opening via both the broker website or the app.

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#1 Robinhood
Deposit and withdrawal
2.3

Deposit and withdrawal at Robinhood is free and easy, but you can only use bank transfer. In addition, large deposits above your 'instant' limit may take several business days.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Depositing larger amounts takes longer
Instant deposit up to $1,000 per week Wire withdrawal is pricey
Robinhood withdrawal fee and options
Robinhood Fidelity Webull Tradestation E-Trade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $35 $0

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#1 Robinhood
Markets and products
2.4

Robinhood's product portfolio is limited, as it offers only stocks, ETFs, options and cryptos. Furthermore, assets are limited mainly to US markets.
Robinhood stock market coverage
Robinhood Fidelity Webull Tradestation E-Trade
Stock markets (#) 5 29 3 5 5
ETFs (#) 2,300 80 2,300 2,300 2,300
Robinhood products and markets beyond stock and ETFs
Robinhood Fidelity Webull Tradestation E-Trade
Forex No No No No No
Fund No Yes No Yes Yes
Bond No Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
Crypto Yes No No No No

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Fidelity Logo

#2 Best stock trading app in the US for 2019
Fidelity

4.9

Fidelity  US stockbroker, founded in 1946. It is regulated by top-tier regulators like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier regulators.

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#2 Fidelity
App functionality and features
4.8

Fidelity has a great mobile trading platform. It is user-friendly and well-designed, however, it lacks a two-step login.
Pros Cons
User-friendly No two-step (safer) login
Good search function
Good variety of order types

Fidelity stock trading app is available on both iOS and Android.

Fidelity stock trading app
Robinhood Fidelity Webull Tradestation E-Trade
Two-step authentication Yes No Yes Yes No
# of order types 5 5 5 5 5
Search function Great Great Great Mid-range Great
Price alerts Yes Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes Yes
User-friendly Great Great Great Great Great
Best stock trading apps in the US - Fidelity stock trading app

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#2 Fidelity
Stock trading fees

Fidelity stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular markets, the US and the UK.

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Fidelity stock trading app fees
Robinhood Fidelity Webull Tradestation E-Trade
US stock $0.0 $0.0 $0.0 $1.0 $0.0
UK stock - $10.8 - - -

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

Want to check the pricing by yourself? Here you go:

Fidelity stock trading app pricing
Robinhood Fidelity Webull Tradestation E-Trade
US stock Stock and ETF trading is free Free stock and ETF trading $0 per trade $0.01 per share; min $1 Free stock and ETF trading

Non-trading fees

Fidelity has low non-trading fees.

Fidelity non-trading fees
Robinhood Fidelity Webull Tradestation E-Trade
Account fee No No No No No
Inactivity fee No No No Yes No
Withdrawal fee $0 $0 $0 $35 $0

Feel free to check out more about brokerage fees if your want to learn more.

#2 Fidelity
Account opening
2.9

Opening an account at Fidelity is easy and fast, but not fully digital. The application had to be mailed with the relevant ID's photocopy.
Pros Cons
No minimum deposit Not fully digital
Low minimum deposit
User-friendly
Fidelity minimum deposit and time to open an account
Robinhood Fidelity Webull Tradestation E-Trade
Minimum deposit $0 $0 $0 $500 $500
Time to open account 1 day 1-3 days 1 day 1 day >3 days

You can start the account opening via both the broker website or the app.

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#2 Fidelity
Deposit and withdrawal
3.6

Fidelity offers an exceptionally wide range of base currencies. Credit/debit cards are not accepted and the wire withdrawals are charged.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee $10 for outgoing wire transfers
Several account base currencies
Fidelity withdrawal fee and options
Robinhood Fidelity Webull Tradestation E-Trade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $35 $0

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#2 Fidelity
Markets and products
3.9

Fidelity offers a lot of asset classes, from stocks to options. There are international stocks too, not just US stocks. Forex and futures are missing.
Fidelity stock market coverage
Robinhood Fidelity Webull Tradestation E-Trade
Stock markets (#) 5 29 3 5 5
ETFs (#) 2,300 80 2,300 2,300 2,300
Fidelity products and markets beyond stock and ETFs
Robinhood Fidelity Webull Tradestation E-Trade
Forex No No No No No
Fund No Yes No Yes Yes
Bond No Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
Crypto Yes No No No No

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Webull Logo

#3 Best stock trading app in the US for 2019
Webull

4.4

Webull is a US-based fintech startup offering zero-fee or discount brokerage services. The broker was founded in 2017 and it is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).

Webull is considered safe because it is regulated by the top-tier financial authorities and provides a maximum of $500,000 investor protection including a $250,000 limit for cash as part of the SIPC protection scheme.

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#3 Webull
App functionality and features
5.0

Webull mobile trading is great, one of the best on the market. It's user-friendly, well-designed, and provides all important features, like advanced order panel, price alerts or two-step login.
Pros Cons
User-friendly None
Two-step (safer) login
Good variety of order types

Webull stock trading app is available on both iOS and Android.

Webull stock trading app
Robinhood Fidelity Webull Tradestation E-Trade
Two-step authentication Yes No Yes Yes No
# of order types 5 5 5 5 5
Search function Great Great Great Mid-range Great
Price alerts Yes Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes Yes
User-friendly Great Great Great Great Great
Best stock trading apps in the US - Webull stock trading app

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#3 Webull
Stock trading fees

Webull stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular markets, the US and the UK.

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Webull stock trading app fees
Robinhood Fidelity Webull Tradestation E-Trade
US stock $0.0 $0.0 $0.0 $1.0 $0.0
UK stock - $10.8 - - -

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

Want to check the pricing by yourself? Here you go:

Webull stock trading app pricing
Robinhood Fidelity Webull Tradestation E-Trade
US stock Stock and ETF trading is free Free stock and ETF trading $0 per trade $0.01 per share; min $1 Free stock and ETF trading

Non-trading fees

Webull has low non-trading fees.

Webull non-trading fees
Robinhood Fidelity Webull Tradestation E-Trade
Account fee No No No No No
Inactivity fee No No No Yes No
Withdrawal fee $0 $0 $0 $35 $0

Feel free to check out more about brokerage fees if your want to learn more.

#3 Webull
Account opening
5.0

Webull account opening is seamless and fully digital. Your account will be opened within a day. However, Webull is available only for clients from the US and China.
Pros Cons
Fast Only available for US and Chinese residents
Fully digital
No minimum deposit
Webull minimum deposit and time to open an account
Robinhood Fidelity Webull Tradestation E-Trade
Minimum deposit $0 $0 $0 $500 $500
Time to open account 1 day 1-3 days 1 day 1 day >3 days

You can start the account opening via both the broker website or the app.

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#3 Webull
Deposit and withdrawal
1.9

Webull deposit and withdrawal can be improved. You can use only bank transfer, there is only USD as a base currency, and a high fee is charged for wire transfer. As a plus, there is no fee for ACH deposit or withdrawal and transferring money is easy and user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly Only one account base currency
Free ACH deposit and withdrawal High wire transfer fees
Webull withdrawal fee and options
Robinhood Fidelity Webull Tradestation E-Trade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $35 $0

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#3 Webull
Markets and products
1.7

Webull has a limited product portfolio. It offers only US-based stocks, ETFs, and options. It lacks popular asset classes, like funds, bonds, forex, etc.
Webull stock market coverage
Robinhood Fidelity Webull Tradestation E-Trade
Stock markets (#) 5 29 3 5 5
ETFs (#) 2,300 80 2,300 2,300 2,300
Webull products and markets beyond stock and ETFs
Robinhood Fidelity Webull Tradestation E-Trade
Forex No No No No No
Fund No Yes No Yes Yes
Bond No Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
Crypto Yes No No No No

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Tradestation Logo

#4 Best stock trading app in the US for 2019
Tradestation

4.7

Tradestation is a US stockbroker founded in 1982. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients are eligible for up to $500,000 (cash up to $250,000) investor protection per account.

Tradestation is considered safe because it has a long track record, discloses its financials, and its parent company, the Monex Group is listed on the Tokyo stock exchange.

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#4 Tradestation
App functionality and features
4.8

Tradestation's mobile platform is great. It is very user-friendly and well-designed. You will also find all important functions, like the price alert or order management features. On the other hand, the search functions could be better.
Pros Cons
User-friendly Limited search functions
Two-step (safer) login
Good variety of order types

Tradestation stock trading app is available on both iOS and Android.

Tradestation stock trading app
Robinhood Fidelity Webull Tradestation E-Trade
Two-step authentication Yes No Yes Yes No
# of order types 5 5 5 5 5
Search function Great Great Great Mid-range Great
Price alerts Yes Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes Yes
User-friendly Great Great Great Great Great
Best stock trading apps in the US - Tradestation stock trading app

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#4 Tradestation
Stock trading fees

Tradestation stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular markets, the US and the UK.

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

Tradestation stock trading app fees
Robinhood Fidelity Webull Tradestation E-Trade
US stock $0.0 $0.0 $0.0 $1.0 $0.0
UK stock - $10.8 - - -

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

Want to check the pricing by yourself? Here you go:

Tradestation stock trading app pricing
Robinhood Fidelity Webull Tradestation E-Trade
US stock Stock and ETF trading is free Free stock and ETF trading $0 per trade $0.01 per share; min $1 Free stock and ETF trading

Non-trading fees

Tradestation has high non-trading fees.

Tradestation non-trading fees
Robinhood Fidelity Webull Tradestation E-Trade
Account fee No No No No No
Inactivity fee No No No Yes No
Withdrawal fee $0 $0 $0 $35 $0

Feel free to check out more about brokerage fees if your want to learn more.

#4 Tradestation
Account opening
5.0

Tradestation account opening is fully digital, user-friendly, and fast. On the other hand, the minimum deposit is $500 and multiple base currencies are only available for futures accounts.
Pros Cons
Fast $500 minimum deposit
Fully digital Multiple base currencies only for futures accounts
User-friendly
Tradestation minimum deposit and time to open an account
Robinhood Fidelity Webull Tradestation E-Trade
Minimum deposit $0 $0 $0 $500 $500
Time to open account 1 day 1-3 days 1 day 1 day >3 days

You can start the account opening via both the broker website or the app.

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#4 Tradestation
Deposit and withdrawal
1.8

Tradestation's deposit and withdrawal could be better. For example, you can only use bank transfer and there is a high withdrawal fee. On the upside, the deposit is free and you can choose from multiple base currencies with a futures account.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies High withdrawal fee
Slow withdrawal - over 3 days
Tradestation withdrawal fee and options
Robinhood Fidelity Webull Tradestation E-Trade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $35 $0

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#4 Tradestation
Markets and products
2.5

Tradestation gives you access to a wide variety of US products, but its non-US market coverage is not competitive. Forex, CFDs and cryptos are missing.
Tradestation stock market coverage
Robinhood Fidelity Webull Tradestation E-Trade
Stock markets (#) 5 29 3 5 5
ETFs (#) 2,300 80 2,300 2,300 2,300
Tradestation products and markets beyond stock and ETFs
Robinhood Fidelity Webull Tradestation E-Trade
Forex No No No No No
Fund No Yes No Yes Yes
Bond No Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
Crypto Yes No No No No

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E-Trade Logo

#5 Best stock trading app in the US for 2019
E-Trade

4.8

E-Trade is a US-based stockbroker founded in 1982. It is regulated by top-tier regulators like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E-Trade is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials and is regulated by top-tier, US regulators.

In February 2020, E-trade was acquired by Morgan Stanley. In case you are curious, we have written an article about this in which you can find the reasons behind the acquisition.

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#5 E-Trade
App functionality and features
4.5

E-Trade's mobile trading platform is one of the best on the market. It is very easy to use and offers a lot of features. The only negative is that it lacks a two-step login.
Pros Cons
User-friendly No two-step (safer) login
Good search function
Good variety of order types

E-Trade stock trading app is available on both iOS and Android.

E-Trade stock trading app
Robinhood Fidelity Webull Tradestation E-Trade
Two-step authentication Yes No Yes Yes No
# of order types 5 5 5 5 5
Search function Great Great Great Mid-range Great
Price alerts Yes Yes Yes Yes Yes
Order confirmation Yes Yes Yes Yes Yes
User-friendly Great Great Great Great Great

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#5 E-Trade
Stock trading fees

E-Trade stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for two popular markets, the US and the UK.

A typical trade means that you buy and sell the shares for $2,000.

This super catch-all benchmark fee includes spreads, financing costs (if applies) and commission for all brokers.

Here is the verdict:

E-Trade stock trading app fees
Robinhood Fidelity Webull Tradestation E-Trade
US stock $0.0 $0.0 $0.0 $1.0 $0.0
UK stock - $10.8 - - -

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.

Want to check the pricing by yourself? Here you go:

E-Trade stock trading app pricing
Robinhood Fidelity Webull Tradestation E-Trade
US stock Stock and ETF trading is free Free stock and ETF trading $0 per trade $0.01 per share; min $1 Free stock and ETF trading

Non-trading fees

E-Trade has low non-trading fees.

E-Trade non-trading fees
Robinhood Fidelity Webull Tradestation E-Trade
Account fee No No No No No
Inactivity fee No No No Yes No
Withdrawal fee $0 $0 $0 $35 $0

Feel free to check out more about brokerage fees if your want to learn more.

#5 E-Trade
Account opening
3.8

The account opening is fully digital and user-friendly for US clients. On the flip side, the account verification process was slow.
Pros Cons
Fully digital Slow
User-friendly
E-Trade minimum deposit and time to open an account
Robinhood Fidelity Webull Tradestation E-Trade
Minimum deposit $0 $0 $0 $500 $500
Time to open account 1 day 1-3 days 1 day 1 day >3 days

You can start the account opening via both the broker website or the app.

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#5 E-Trade
Deposit and withdrawal
2.2

E-Trade charges no deposit fees and transferring money is user-friendly. On the flip side, you can only use bank transfer and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly $25 fee for wire transfer withdrawal
E-Trade withdrawal fee and options
Robinhood Fidelity Webull Tradestation E-Trade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $35 $0

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#5 E-Trade
Markets and products
3.0

At E-Trade, you can trade with a lot of asset classes, from stocks to futures. On the other hand, there is US market only and you can't trade with forex.
E-Trade stock market coverage
Robinhood Fidelity Webull Tradestation E-Trade
Stock markets (#) 5 29 3 5 5
ETFs (#) 2,300 80 2,300 2,300 2,300
E-Trade products and markets beyond stock and ETFs
Robinhood Fidelity Webull Tradestation E-Trade
Forex No No No No No
Fund No Yes No Yes Yes
Bond No Yes No Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
Crypto Yes No No No No

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Best stock trading apps in the US
Bottom line

You saw the details, now let's zoom out. Here are the best stock trading apps of 2020 in the US:

Best stock trading apps in the US
Robinhood Fidelity Webull Tradestation E-Trade
Stock fee class Low Low Low Low Low
Mobile platform score 5.0 4.8 5.0 4.8 4.5
Account opening score 5.0 2.9 5.0 5.0 3.8
Deposit and withdrawal score 2.3 3.6 1.9 1.8 2.2
Markets and products score 2.4 3.9 1.7 2.5 3.0

Robinhood is our winner, the best stock trading app in the US. User-friendly. Two-step (safer) login. Good search function.
All stock trading apps are considered a great choice. Pick the winner, or any runner-up and take the next step in your investment journey. Let us know what you think in the comment section.
Still unsure which app and broker to choose? Use the broker finder and find the best app for you or learn more about investing your money.

Tibor Bedő

Tibor Bedő

Co-founder, CEO

Author of this article

Tibor believes having a good stockbroker is everybody's privilege. He worked extensively in the financial industry, including at Morgan Stanley and at The Boston Consulting Group (BCG). He advised leading European banks on strategy, finance and risk management.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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