The US stock market is the largest financial center in the world. Brokers that are registered in this country are the most reliable. Their activities are carefully monitored by the organization that controls the rights of investors (NFA). It is absolutely safe to use trusted applications/platforms for trading in the US stock market. Below you can find the description, advantages and disadvantages of the most popular applications and platforms for trading in the United States of America. 
Review of the best applications / platforms for trading stocks in the US stock market
Thanks to the hard work of developers, today there are many platforms that can be used to trade stocks in the US. After reviewing the description of the best trading programs, everyone will be able to choose the most suitable option for themselves.
fidelity
Fidelity is a popular platform among US traders, which is highly reliable and has a user-friendly interface. The size of the minimum deposit, after making which the user will have access to trading on the stock market, is 2,500 USD. At the same time, it should be borne in mind that for each transaction related to securities, the trader will need to pay 4.95 USD. The more transactions a client makes, the lower the commission will be for him. There are no additional fees for investments in ETFs. Traders who use Fidelity in their work speak positively about this platform. Significant benefits of the program include:
- charging low commissions for making a large number of transactions;
- good referral program;
- user-friendly interface;
- a wide range of options for trading;
- the ability to customize analytics to meet individual requirements.
Minuses:
- high commissions for managed options and transactions with a broker;
- the application does not support futures or cryptocurrency trading;
- The account verification process may take several days.
Note! The Company does not charge fees for low mutual fund balances or closing IRAs, late payments, reorganizations, or insufficient funds.
TD Ameritrade
The TD Ameritrade web trading platform covers a wide variety of financial products and services such as:
- shares;
- options;
- bonds;
- futures;
- forex;
- cryptocurrencies;
- mutual investment funds.
Users have access to cash management plans/retirement accounts and managed portfolios. The minimum deposit is $2000. If a client replenishes his account with an amount exceeding a certain threshold, the broker often offers to take advantage of a bonus – getting rid of the user from paying commissions. The advantages of the TD Ameritrade platform, traders include the opportunity provided:
- trading stocks, ETFs and options with zero commission;
- use of several web platforms and a mobile application;
- conclusion of transactions on Forex and cryptocurrency;
- using advanced analytics and inventory tracking tools.
Minuses:
- high commission on mutual funds without load;
- complex interface for beginners.
Note! TD Ameritrade does not charge any fees for using its own trading platforms or market data.
Zen Trading
Global Zen Trader is a platform popular among Americans, featuring a convenient and intuitive interface that allows you to effectively trade in real time, not only using MTS (mechanical trading systems), but also “manually”. Setting up GZT – terminal and the process of mastering the program does not take much time. The developers took care of adding a sufficient number of instruments for long-term positional trading/scalping. The minimum deposit is $5. The ability to build tick charts / import, export strategies / visual display of the price chart / the use of hundreds of technical analysis indicators are considered to be significant advantages of this application. However, Zen Trading, like any other platform, is not without its drawbacks, which consist in the possibility of using the terminal only in Western markets. Zen Trading allows you to use professionally designed strategies created by the Quantitative Algorithms Foundation. Zen Trading does almost all the work for the trader. You just need to customize the program in accordance with the time frame and assets.
Zack Trade
Zacks Trade is the ideal innovative platform for active traders. Users can use the platform absolutely free of charge. The developers have added an option that allows you to customize layouts and charts according to the needs of traders. The option strategy laboratory and more than 120 technical indicators will allow you to accurately assess how profitable the transaction will be. The minimum deposit is $2500. The advantages of Zacks Trade are:
- streaming market data;
- interactive charts;
- program reliability;
- access to international exchanges.
Only a high minimum deposit and a higher percentage of commission than other platforms can upset you a little.
NinjaTrader
NinjaTrader is a platform with a simple interface that is not overloaded with unnecessary information. The direction is quite narrow – forex and futures. To replenish the account / withdraw funds, users can use checks or bank transfers. The minimum deposit amount is $1,000 (for a futures account) and $2,000 for a Forex account. The commission for futures trading is low. The trading community is active, the range of educational/analytical services is wide, which has a positive effect on the trading efficiency of traders. The strengths of Ninja Trader include:
- wide functionality;
- the availability of algorithmic trading using proprietary systems;
- clear interface.
The weaknesses of Ninja Trader are:
- significant trading costs;
- narrow focus – “sharpness” exclusively for forex and futures;
- the possibility of contact with the broker only through the feedback form.
E*Trade
E*Trade is a platform that is ideal not only for experienced traders, but also for beginners. Expanded investment opportunities. Novice investors willingly create their own portfolios, because it is quite simple to do. There is no commission for online trading of exchange-traded funds/options/shares. You can opt for a managed portfolio. The annual management fee in this case will be 0.30% of the amount of assets that have been invested. The strengths of E*Trade are:
- the ability to use a mobile application for trading on the go, conducting an individual check of stocks;
- the presence of a managed portfolio with a minimum annual commission;
- user-friendly interface;
- wide functionality.
The disadvantages of E*Trade include:
- a transaction fee of $19.99 for mutual funds that were not listed with no transaction fees;
- the presence of $500 required to open an automatic investment account;
- high margins compared to competitors.
Note! The number of mutual funds exceeds 9,000 (of which 4,000 are funds without transaction fees).
Webull
Webull is an innovative app that offers stocks, ETFs, and other commission-free trading options. The platform design is simple. The content is easy to navigate, so Webull can be used by both beginners and experienced traders. The trading simulator of the platform is one of the best when compared to other competing applications. Thanks to this, beginners can quickly master the basics of Webull. The broker regularly holds contests with cash prizes in order to encourage new traders to practice. The advantages of an innovative application include:
- no commissions for trading/account, as well as a minimum deposit on the account;
- access to advanced order types (market/limit/stop-loss/stop-limit);
- the presence of a paper trading function that allows beginners to practice before investing real money.
The weaknesses of the application are:
- unavailability of fractional transactions, mutual funds or trading in crypto-currencies;
- providing a large amount of data, which makes it difficult for novice investors;
- no possibility of automatic reinvestment of dividends.
What applications / platforms are suitable for Android and iPhone for trading on the American stock market
Often, traders are interested in the question – is it possible to download platforms not only on PCs, but also on smartphones. Undoubtedly, the developers have tried their best to make the use of programs convenient for each user. The most reliable platforms that can be downloaded on Android include:
- fidelity;
- TD Ameritrade;
- Zack Trade;
- NinjaTrader;
- E*Trade;
- Webull.
Most US trading apps and platforms can be used on the iPhone. These programs include:
- fidelity;
- TD Ameritrade;
- NinjaTrader;
- Zen Trading;
- Webull;
- Zack Trade.
Today, thanks to the efforts of developers, there are many platforms for trading in the United States. Each user will be able to choose the most suitable option for themselves. In order not to be mistaken, you should familiarize yourself with the rating of the most reliable applications, working with which will allow you not only to avoid financial losses, but also to get a good profit.
