The best platforms for trading and investing in the stock market of the world

What applications / platforms should be used in 2021-2022 for trading in the world – we are considering popular exchange platforms for trading and investing. In the modern world, traders are increasingly using applications and platforms that can be installed on PCs and mobile devices in their activities.
The abundance of trading software is often confusing. It is especially difficult for beginners who are just learning the process of trading stocks and bonds on the stock exchange and find it difficult to choose a reliable platform. Below you can see the features of the most popular trading applications that are popular with stock and bond traders around the world.

Overview of the best platforms and platforms for trading in the stock market in the world – Best Trading Platforms 2021-2022

The platforms listed below are popular with traders all over the world. These programs delight with a clear interface, reliability and wide functionality.

Fidelity Marketplace

Fidelity is a secure platform regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). There is no account maintenance fee. At the same time, the margin rates are quite high. Fidelity allows investors to trade stocks and bonds. That being said, the company does not offer
futures , forex, or cryptocurrencies.
The strengths of Fidelity are:

• shares of the USA and other countries;
• accessible interface;
• reliability;

Only the slow work of the technical support service can be a little frustrating. Otherwise, the Fidelity platform suits both experienced and novice traders. After installing the application, the trader will need to make sure that the Fidelity account is working. To do this, you will need to enter personal information, namely:

• social Security number;
• the name and address of the employer;
• bank account information for account replenishment.

There are no fees to open or maintain a Fidelity brokerage account. However, the minimum deposit must not be less than $2500. So you can create an account for free, but you will need to deposit $2,500 into it to start investing. There is a commission fee for trading stocks, which is $7.95 per trade.

Olymp Trade

The Olymp Trade platform is certified by the International Financial Commission (FinaCom) as a category A member. The Financial Commission provides traders with protection of their account up to $20,000 if the dispute between the trader and OlympTrade is resolved in favor of the trader (under the terms set by FinaCom). The platform is very simple and intuitive, because it was designed for those who are just learning to trade and for traders who prefer easy, simple and understandable trading in stocks and bonds.
To the strengths of the Olymp Trade platform:

• the minimum deposit is only $10;
• the minimum trade is $1;
• free demo account for $10,000;
• the ability to choose the trader’s own expiration time instead of the usual expiration time;
• withdrawal of funds without commission;
• free and exclusive training programs;
• support for more than 12 languages;
• Deposit Bonus up to 100%.

The disadvantages of Olymp Trade include:

• insufficient selection of assets;
• access to classic Call/Put trades only;
• lack of training videos and webinars in all languages.

Note! The Olymp Trade trading app can be downloaded for IOS and Android.

Step-by-step process of installing and configuring the application

Novice traders have difficulty changing the parameters of the stock trading application. Below you can see the step-by-step process of installing and configuring the Olymp Trade platform, which will help beginners avoid mistakes. Stage 1 First of all, users download the application to their smartphone. After starting the program, log in or register an account.
Stage 2 Next, choose a pair of goods, trading schedule, timeframe in the smartphone. The photo shows the Olymp Trade screen in iOS. Before you start trading, you should familiarize yourself with what options in the application will be available to the trader:

• demo account and real account in Olymp Trade;
• selection of a pair of products and key indicators;
• choice of preferred chart: areas/heiken-ashi/Japanese candlesticks or histograms;
• trade history;
• choosing a timeframe for a deal/candle;
• choice of investments for each transaction.

Stage 3 Next, set the main indicators that are suitable for the chosen trading strategy.
Stage 4 In the next stage, users will need to get used to the application by playing with a demo account for a certain period of time. This will give you the opportunity to get used to the platform options and learn the principles of trading.

Note! To replenish the account, you will need to click the “Deposit” button.

Stage 5 After the trader has managed to master the trading of stocks and bonds in Olymp Trade in the demo version, it is possible to replenish the account and move on to real trading. To withdraw funds, click on the “withdrawal and selection of the amount you wish to withdraw” section. The user then selects their account, sends a request, and takes a photo of the receipt.

Note! In cases where the Wi-Fi or 4G connection is not stable, trading in Olymp Trade will not work.

Charles Schwab

Charles Schwab is a trusted app for trading stocks and bonds on the world’s stock exchanges. Customer service is top notch (24/7 by phone or live chat). The mobile investment app is available on iOS and Android. Charles Schwab has a wide range of investments, from equities to margin loans and money market funds. The main advantages of the popular platform include:

• no commissions for opening and maintaining an account for brokerage or trading services;
• no minimum deposit;
• a wide range of investment tools;
• providing quality educational resources;
• access to in-depth market research.

High margin and trading commission rates, the need to deposit $5,000 to a deposit account to start trading are considered the main disadvantages of this platform.

IBKR – trading platform for trading and investment

IBKR is a trading platform that caters to the needs of both casual investors and serious active traders. No matter how complex a trader’s trading and investment goals are, IBKR’s features will help you achieve success. Having licenses from several top-level regulatory bodies, you can be absolutely sure of the safety of Interactive Brokers. The company publicly discloses financial information, which has a positive effect on its reputation. Interactive Brokers offers fairly low trading fees in the market. In addition, IBKR provides many useful research tools.
The strengths of the platform are:

• low trading commission;
• wide functionality;
• Lots of research tools.

A little frustrating is the slow work of the support service and the complicated process of opening an account.

Webull

The commission for trading through Webull is low. The fee structure is transparent and understandable. The platform offers users to trade stocks and ETFs for free. 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). Therefore, there is no need to doubt the reliability of the platform. Even a beginner can easily cope with the process of opening an account. The trading platform is well structured and user friendly with different types of orders. You can replenish your account / withdraw earned funds using a bank transfer. The advantages of the Webull platform for traders include:

• the possibility of free trading in shares;
• user-friendly interface;
• wide functionality;
• reliability;
• the ability to quickly open an account.

The disadvantages of the trading application are the limited product portfolio and the lack of live chat.

Sofi

SoFi Invest is a popular platform that is ideal for newcomers to the field of trading who trade stocks. The platform provides its users with access to financial advisors. There is no account maintenance fee. SoFi is not suitable for active investors and those who prefer a sophisticated trading platform, asset verification tools and detailed research reports. The company offers a target set of financial assets. The strengths of the platform include:

• providing access to financial advisors;
• no account maintenance fee;
• reliability;
• available interface.

SoFi does not charge any fees for investing in stocks or ETFs. Free SoFi ETFs allow SoFi users to keep costs as low as possible. Lack of margin lending and limited research/charting/screening tools are considered to be the main weaknesses of the platform.

Note! SoFi is not suitable for experienced investors, but most investors will find everything they need.

Tastyworks – trading platform for experienced

Tastyworks is a popular platform aimed at experienced traders. The application has functionality and accuracy, which is especially important for making complex transactions and strategies. The Tastyworks terminal allows you to trade stocks and ETFs. Trading commissions are low. Users who have opened an account can use educational and research materials to aid in learning and trading efficiency. The strengths of the application are:

• low trading commission;
• the possibility of using educational materials;
• wide functionality;
• reliability.

A bit frustrating is the lack of a demo account and limited deposit and withdrawal options.

Important! Tastyworks is aimed at advanced traders who have experience with complex multi-element trades.

Ally

Ally Invest offers competitive prices, useful trading tools and an easy to use trading platform. Ally Invest is an absolutely safe platform that has been popular with traders for many years. The activity of the company is regulated by financial authorities of the highest level. Trading commissions are low. The account opening process is simple. Users of the application have access to high-quality learning tools. The advantages of the Ally Invest platform include:

• low trading and non-trading commissions;
• a simple account opening process that even a beginner can handle;
• open access to educational materials;
• reliability.

The lack of proper two-step authentication is a significant drawback of the platform.

capital.com

Capital.com is one of the best apps for trading stocks and bonds. The platform is ideal for experienced traders who want to get the maximum profit. The functionality of the program is wide. The interface is accessible. The customer support service allows you to quickly resolve issues that arise in the course of activities. Capital.com does not charge any commission from its users. The spreads offered by the broker are among the best in the industry. The advantages of this platform for traders include:

• systematic real-time updates and price alerts for over 3,700 markets;
• 0% commission and no hidden fees;
• the best spreads on the market;
• fast execution of orders;
• free demo account with no expiration date;
• low minimum deposit;
• access to educational materials, educational applications, online courses and trading guides;
• online technical support chat (24/7);
• availability of risk management tools.

There are hardly any flaws in the Capital.com platform. There is one though. Traders cannot be traded by US traders.

Note! The company has developed a mobile application that uses artificial intelligence (AI) to improve trading conditions. This is one of the few brokers that use this technology to help their traders.

Tinkoff Investments

By installing the program, the trader will be able to trade various financial assets. In order to be able to trade stocks and bonds, you need to open a brokerage account/IIA (individual investment account). After that, the user will receive a link, by clicking on which it will be possible to open access to the personal account. Next, you need to replenish your account and start choosing to buy shares. The main advantages of the Russian trading application, which is actively used all over the world, include:

• fast and round-the-clock technical support;
• accessible interface;
• the presence of a news tab;
• the possibility of using a free tariff package.

The weaknesses of the platform, traders include:

• lack of wide functionality;
• lack of bar chart;
• obligatory registration of a Tinkoff Bank card, which will be needed to withdraw funds.

Stock trading platforms – video review: https://youtu.be/l3ZT7BJfL3g

What trading platforms can be installed on the phone – what is suitable for Android and iPhone

Often, traders are interested in whether it is possible to install their favorite trading application on their own smartphone. Of course, the developers have tried to ensure that merchants have the opportunity to open platforms from different devices and work in comfortable conditions for themselves. The best trading platforms that you can download on Android include:

• fidelity;
• Charles Schwab;
• Ally;
• IBKR;
• Tastyworks;
• IBKR;
• Sofi;
• com;
• Webull.

Among the most reliable trading applications suitable for iPhone, it is worth highlighting:

• fidelity;
• Tastyworks;
• Webull;
• Charles Schwab;
• capital.com.

Top 7 mobile applications for investment and trading – some allow you to trade stocks on stock exchanges around the world: https://youtu.be/EW2O9ExuZCw Modern traders, thanks to the efforts of the developers of trading platforms, are able to buy and sell stocks / bonds with the click of a button, while avoiding the high fees charged by money managers. However, choosing a reliable application is quite difficult. After reviewing the rating of the best platforms offered above, everyone will be able to choose the most suitable option for themselves. In the process of choosing a program, it is important not only to thoroughly study the functionality, but also to read the reviews of other traders who have already used the application.