Brokers For Mobile Stock Trading
Mobile stock trading is a new and exciting feature that many top brokerages are now offering their customers. The ability to trade whenever and wherever you are makes it easy for you to stay on top of your investments. This feature allows you to stay connected to your investments and allows you to keep abreast of ongoing market events. If you're an active investor or trader, then mobile access is something you can't do without and may just be critical to your success. Check out the brokers below for support in this area.
OptionsHouse
- The OptionsHouse Mobile application synchronizes directly with your desktop trading system, keeping you connected to your investments at all times and keeping you abreast of market events.
- Test strategies before they happen and view investment results, right from your mobile phone using the mobile virtual trading tool.
- Perform real time in-depth analysis and research from just about anywhere with the OptionsHouse mobile application, available for Blackberry and iPhone smartphones.
- Get access to real time information about your account, investment positions, stock quotes and more.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Broker Assisted | Fund Trades |
| $3.95 | $8.50 | $0.15 | $0.00 | $3.95 | $9.95 |
Scottrade
- Scottrade Mobile offers a small scale version of the same intuitive online order entry system allowing investors to start trading wirelessly, with no learning curve.
- A mobile application allows investors access to real time streaming quotes, charts and other up to the minute news to help investors make smart investing decisions.
- Place all market orders including buy, sell, stop loss and limit orders wherever you are and whenever you want.
- Scottrade Mobile is available for Blackberry, iPhone, and all other internet-ready smartphones.
- Scottrade Mobile uses the same investing account as your online broker account, eliminating the need for another account.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Broker Assisted | Fund Trades |
| $7.00 | $7.00 | $1.25 | $500.00 | $27.00 | $0.00 - $17.00 |
E*Trade
- Mobile pro applications for iPhone, iPad, and Blackberry smart phones give traders the opportunity to monitor investments and make trades from anywhere.
- E*Trade offers a free Blackberry with a 2-year agreement with any wireless provider.
- Get 60 days of free trading plus a $500 deposit into your E*Trade account when you sign up for Mobile Pro for iPad and iPhone.
- Get access to the experience and advice of professional traders anywhere, with the Mobile Pro application.
- E*Trade's user-friendly mobile application feeds real time stock quotes, and allows investors to check watch lists and to search for trading opportunities.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Broker Assisted | Fund Trades |
| $7.99 - $9.99 | $7.99 - $9.99 | $0.75 | $500.00 | $45.00 | $0.00 - $19.99 |
OptionsXpress
- OX Mobile provides an intuitive platform for accessing the full range of vital information about your optionsXpress account from just about anywhere.
- OX Mobile gives you the power to trade stocks, options and futures on the go.
- Get access to streaming quotes from your watch lists, through the OX Mobile application.
- Keep a close eye on your existing investments and your account by using OX Mobile to monitor updated account balances, pending orders and current positions.
- OX Mobile allows options investors to take advantage of one of the best options trading platforms in the industry.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Broker Assisted | Fund Trades |
| $9.95 | $0.00 | $1.50 | $0.00 | $9.95 | $9.95 + LOAD FEE |
tradeMONSTER
- Mobile applications are available for Blackberry, iPhone and iTouch devices.
- With tradeMONSTER Mobile, you can enter and modify market orders, view positions, review open orders, and get real time quotes.
- You can also access complex options chains and enter simple options orders, making it a powerful trading tool for options traders.
- An easy downloadable application (from iTunes or tradeMONSTER directly) will have you trading wireless in minutes.
- tradeMONSTER Mobile allows you to trade and manage your brokerage account from anywhere in the world.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Broker Assisted | Fund Trades |
| $7.50 | $0.00 | $0.50 | $2,000.00 | $7.50 | $0.00 - $15.00 |
ShareBuilder
- Sharebuilder offers powerful mobile applications for iPhone, Blackberry and Android based smart phones.
- Not only do account holders get access to investment accounts, but they also get access to online banking and bill pay features.
- Get access to real time stock quotes, market movements, account balance and investment positions from just about anywhere.
- Touch, slide, and tap into your broker account. Place market orders and get free access to the latest research, independent analysis and more.
- Transfer money in between your various broker, IRA and banking accounts with the easy-to-use mobile interface.
| Stock Trades | Options Base | Options Contract | Minimum Deposit | Fund Trades |
| $9.95 | $9.95 | $1.25 | $0.00 | $0.00 - $19.95 |
Interactive Brokers
- Interactive Brokers has a mobile trading application for almost any internet-enabled smartphone, allowing for greater compatibility with more investors worldwide.
- Interactive Broker’s state-of-the-art mobile applications provides you electronic access to your investment account from your mobile phone, allowing you to enter and manage orders, monitor your account balance, and find investments.
- The mobile application from Interactive Brokers is one of only a few in the industry that allows for forex trading in a mobile environment.
- Synchronize account and investment activities with email notifications so that you stay connected.
- SmartRoutingTM technology that's available only from Interactive Brokers automatically searches for the best price and routes all or part of your market order to achieve maximum value.
Find Brokers With Mobile Stock Trading Support
Mobile trading is one of the newest and coolest trading tools being offered by brokers in the marketplace today. Mobile trading allows investors to monitor their positions any time of the day or night, no matter whether they are at home, in a restaurant or hiking in Yellowstone National Park. Wherever there is a signal, traders can execute trade orders, allowing them unprecedented access to their money.
So, where would you find such an online stock brokerage and what do you need in order to become wireless? Most brokers are offering this service now. Big names like E*Trade, TD Ameritrade and others allow their customers to access mobile trading platforms via iPhone, Blackberry, or iPad technology 24 hours a day, seven days a week.
When it comes to finding a broker with a mobile trading platform, how do you know which one is best? Here are a few ideas to get you started:
- Use a mobile platform that is compatible with your phone. While this might seem obvious, many traders assume that if a broker offers a mobile app for one phone type, then they will also automatically offer one for any phone. Unfortunately, this is not the case. As a matter of fact, most will only offer mobile applications for one or two phones, and typically, it will only be for the more popular models (think Blackberry and iPhone). So, before you sign up and fund your account, make sure that your broker of choice offers a mobile app for your phone.
- Make sure that you are comfortable with the broker (beyond the mobile trading support). The mobile trading feature is great but if a broker's other features and services are subpar, then it's better to consider other options. There are many top investment brokers available out there that you can evaluate for your needs.
- Get an unbiased third party opinion. Not all services are created equal. So when choosing among brokers that offer mobile services, turn to financial publications that rate these services, such as Kiplinger's, SmartMoney, and Barron's to see how they stack up against each other. These publications employ financial experts that put these brokers through the ringer and offer some of the most comprehensive and well-respected “opinions” in the business. These reviews are available for you to check out online, and can help you with making your ultimate decision about where to put your money.
Mobile trading applications make accessing your investment portfolio easy and convenient. This is still a relatively new technology and while several of the larger brokers offer it in some form, many smaller brokers haven’t yet integrated this capability into their product offerings as of yet. For those that do, finding one that will work with your existing cellular telephone and offer the features you want can be tricky, but if you do your homework, you should be able to find a broker that will meet all of your needs.
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