The top 10 applications to invest in the stock market in 2024

Placing your money in the stock market with your smartphone is possible

Gone are the days when you had to go through your banker to Buy shares or gold for example! No more long deadlines and exorbitant costs! Access to financial markets has been democratized and it is now easier to open a trading account. Indeed, in a few clicks and by providing your personal information, you open your trading account yourself. To make your choice between brokers (brokers) you will have to look at transaction fees, holding fees and other ancillary costs. Also, one of the important points often overlooked by neophytes is the trading platform or application. Some brokers give you access to a trading platform with your personal access. In some cases, it can be a mobile phone application, very useful for day-traders and scalpers who place several buy and sell orders during the day. If the broker does not offer this option, you will still be able to use a stock exchange application by yourself by linking it directly to your account.

In which trading platforms is it possible to invest with an application?

The applications for trading are numerous, here we will cite the main applications used by traders in France and around the world, available for free:

• Degree: A Dutch brokerage firm, Degiro no longer needs to be introduced in the trading world. After creating your online account, you can access the application to invest on your phone. The account opening procedure is secure and very strict. Brokerage fees vary but are very low. You will have access to a large number of assets except Cryptocurrencies and currencies.

• ProRealTime: it is THE trading platform par excellence. It allows advanced technical analysis thanks to customizable charts, a variety of indicators and programming possibilities. You will only be able to trade directly on the application with a trading account associated with Interactive Brokers, IG or Saxo Bank. Otherwise, you can have free access to charts with daily data, sufficient for Swing-Traders and long-term investors.

• Trade Republic: Allows you to invest in shares and ETFs, by setting up a scheduled investment plan. This means that it is possible to invest automatically. On this application, the commission fees are fixed, of €1 per order, free of charge for the programmed investment plan. All you have to do is choose your action, place your purchase order by setting a floor price and the desired quantities. The application is intuitive and easy to use.

• Boursier.com: It is a French application mainly focused on the Paris stock exchange (CAC40). Its objective is to give its users information on the evolution of the market. In this application you will find investment advice and portfolio management according to current events. The CAC40 will no longer have any secrets for you, even if other international markets remain accessible. There are no fees in this stock exchange app and you can create a list of actions to follow. In return, advertising is present. Last point, you will learn a lot, but you will not be able to invest directly from the application.

• Capital.com: present on the trading market since 2016, this British broker has succeeded in doing well with nearly one million clients around the world. The application provides access to several assets, including stocks, currencies, indices, commodities and cryptocurrencies. Its interface is intuitive, modern and easy to use. The fees are fair considering the services of the trading app. Here too you will have access to the latest economic and financial news. Indicators and analysis tools are present and varied.

• Trading 212: Trading 212 is one of the favorite apps for beginning traders. Since 2016 it has been the most popular trading application in the United Kingdom. It offers over 7,000 international stocks and ETFs as well as more complex products such as CFDs and Forex. It gives its users the possibility to invest from €1 with fractional shares. Trading 212 has two versions: Trading 212 Invest, for Buy shares and ETFs without commission and Trading 212 CFDs for active trading with leverages.

What is the best app to invest in the French stock market?

It's hard to say which is the best stock market application. It all depends on your investor profile and the time you want to devote to it. Moreover, the list of applications above is not exhaustive, there are many others that may suit you. Some investors swear by technical analysis while others are adept at fundamental analysis. The history of financial markets shows us how important it is to take both into account. An investor who analyzes both charts and news is more likely to make winning choices. Therefore, the best thing is to have access to applications for invest in the stock market and to stay informed. So, you'll need at least 2 apps, ProRealTime and Capital.com can be a good combo. You will complete this with your broker's application, as Degiro has been widely acclaimed in France in recent years.

What is the best application for investing in the stock market abroad?

Whether it's you who are abroad or the assets you want to invest in, it doesn't change very much. It is difficult to clearly identify the best trading applications. In order to specialize in foreign markets, simply avoid applications like boursier.com, which is less focused on foreign markets. One of the best successful trading applications used in the US is Ninja Trader, but you can just as easily use ProRealTime and your broker's application.

One of the important things to consider when making your choice is related to fees. Some applications are free, others are paid, in particular because they do not offer the same services:

• Free applications: economic and financial news + some basic technical analysis applications (with few functionalities);
• Paid applications: brokers since they take their fees, graphical analysis platforms with access to real-time stock prices and technical indicators.

List of the top 10 applications for investing in the stock market

Finally, we are going to list the TOP 10 trading applications to invest in the stock market:

1. ProRealTime: best platform for technical and graphical analysis on PC;

2. Degree: best stock and ETF broker;

3. Capital.com: the most diversified broker;

4. Trade Republic: best application with programming;

5. Boursier.com: best application for the analysis of French and European markets;

6. MetaTrader 4 and 5: best technical analysis platform on smartphone;

7: IG: best international financial products broker;

8. XTB: best CFD and cryptocurrency broker;

9. IG: broker giving free access to the ProRealTime platform;

10. eToro: best app with social trading, watch out for hidden fees.

All you have to do is find the stock market application that fits your needs.

In conclusion

There are many trading support tools, it's up to you to find a stock exchange application that suits you by testing them. However, beware of scams and hidden fees. Some brokers and trading applications take advantage of the enthusiasm of investors for the financial markets to get rich illegally. Check the list of brokers not authorized by the AMF on their site, here is the link:

https://www.amf-france.org/fr/espace-epargnants/proteger-son-epargne/listes-noires-et-mises-en-garde