I can tell you from experience that there is no better feeling of making a couple hundred of dollars in profit through trading from your phone. As phones start to become more powerful, no longer do we need to launch some huge platform on our computer to start trading.
Thanks to the iPhone, there are several free and paid stock trading applications that will help you trade and/or research stocks.
Make sure to keep check the Apple Store as more and more finance related apps are being published every day.
List of the best free iPhone stock trading applications:
In no particular order.
Why not start with the built-in application that came with the iPhone? While the first version lacked anything desirable, the latest updates have drastically improved the usability and data that can be sought through this app.
If Bloomberg is part of your normal stock research sites, then why would you not want this application? Gain access to quotes, portfolios, advance charts, and all the other features that you are accustomed with on Bloomberg.
Just like the Bloomberg, DailyFinance is backed by another large financial site, AOL Money & Finance. Find news, stock prices, and charts all in one place.
Manage your TD Ameritrade account directly from your iPhone using this application. Buy, sell, or add to your stock position. Get access to charts and real-time streaming quotes. With this application, you can literally make money from anywhere. There is also a BlackBerry version.
5. ChartsLive – Stock Charts
While there are several stock researching application out there, there has yet to be one really good app for stock charts. Thanks to ChartsLive, now you can use your favorite indicators and overlays to analyze your stock directly from your phone.
6. E*Trade Mobile Pro
Receiving huge praise from the Apple community, E*Trade Mobile Pro gives members and non-member alike access to streaming quotes, charts, and watch list. Obviously, E*Trade members can execute live trades using this application.
7. Virtual Stock Market Lite
Just because you are away from your computer does not mean you have to stop practicing your trade. Virtual Stock Market Lite allows you to paper trade directly on your iPhone. Practice your stock trading, while managing $100,000 paper money.
Usually known has the “hip” stock brokerage, thinkorswim, is known for their dedication to offering quality stock trading tools and education. For a while now, their BlackBerry program has been the class of mobile trading, so would you expect anything less from thinkorswim?
A free application that allows you to grab all the news and quotes like you normally would from the web version of TheStreet.com
Find out whether your stock has a bullish or bearish sentiment. Through this application you can gain access to some of the most commonly used features on the web version of Morningstar.
To download these iPhone applications visit iTunes on your computer or through your phone.
Are there any other stock trading applications I may have missed or you recommend?