Jerry Mononela - 5 Best Mobile Apps For Investing In the Stock Market_ South Africa
                     Jerry Mononela - 5 Best 
Mobile Apps For Investing In 
the Stock Market
Jerry Mononela, South Africa
● I am Jerry Mononela and sharing with you the five best mobile apps for investing 
in the stock market. 
● Trading has become a norm among the young population through its extensive 
digitalization. Whether it be through websites or apps, trading in the national, as 
well as international stock market, has become infinitely more convenient.
● Through the course of letting the stock market be traded upon by small, 
individuals looking to invest their savings in a few points, trading has taken many 
shapes to appeal to the consumer. 
● And it appears that with the advent of digitalization, even stock market trading 
has reached the palms of the small consumer with complete transparency. And 
this transparency has been brought on by none other than mobile trading 
applications.
● With the click of a button, you can now invest in your any 
company’s stock within your smartphone sitting right at your home! 
The future is finally coming.
● Though trading through mobile applications sounds simple (and it 
is), there are many apps out there to trade your life’s savings on. 
And as scary as it sounds, there are many fake applications on the 
play store that are unwarranted. 
● To give away not only your money but also your details, you should 
always look for an app with credentials and a proper back story. This 
is the most important aspect of a mobile trading app.
1. Interactive Brokers
● Interactive Brokers is one of the most popular mobile trading apps in the market, 
and that is for a reason. 
● It is a clear cut mobile trading app that requires no minimum balance, 0% share if 
you have the INKR lite membership, 1% otherwise, and an option to monitor the 
market as it is.
● The Interactive Brokers mobile app is essentially a condensed form of the desktop 
website and is very simplistic for new users. 
● Though it lacks some major features like multi-device functionality and drawing 
tools, it is a perfect companion for a beginner trader.
● The research charts, the quick settings, and the ability to make swift 
decisions are the reason why I think the Interactive Brokers mobile 
apps beat out its flaws AND its competitors.
●  It has zero minimum requirement for your account and takes away 
the standard maximum of 0.005$ or 1% for their pro platform, and a 
minimum charge of 1$ for their free users.
2. TD Ameritrade
● Interactive Brokers is one of the most popular mobile trading apps in the market, and 
that is for a reason. 
● It is a clear cut mobile trading app that requires no minimum balance, 0% share if you 
have the INKR lite membership, 1% otherwise, and an option to monitor the market as 
it is. 
● The Interactive Brokers mobile app is essentially a condensed form of the desktop 
website and is very simplistic for new users.
●  Though it lacks some major features like multi-device functionality and drawing tools, 
it is a perfect companion for a beginner trader. 
● The research charts, the quick settings, and the ability to make swift 
decisions are the reason why I think the Interactive Brokers mobile 
apps beat out its flaws AND its competitors. 
● It has zero minimum requirement for your account and takes away 
the standard maximum of 0.005$ or 1% for their pro platform, and a 
minimum charge of 1$ for their free users.
3. Acorn
● Now that the two most convenient options are out of the way, I would 
like to mention some of the beat mobile investment apps that target the 
alternative markets more.
●  And Acorn is the perfect example of that. Acorn is a mobile investment 
app that simply gives you an option to invest your spare change every 
time you make payment. 
●  Supposedly the bill is for 2.98$, then Acorn asks you whether you 
would like to invest 2 cents into stock and round off the bill for 3$.
● This happens every time you purchase something and can add up to a lot of 
value. 
● It is the perfect app for students who have very little cash but want to start 
investing anyway. 
● Acorn is a solid online investment app and has proven its market share multiple 
times in the past. 
● So if you don’t have that much money to invest, Acorn might be the app for you.
4. Robinhood
● As the name suggests, the Robinhood app focuses on the consumer more than the 
actual brokerage like the majority of online platforms do. Robinhood offers zero 
brokerage and commission fees. 
● There is a 0$ account minimum which essentially eliminates all the costs that are 
associated with online brokerage platforms.
● That is why Robinhood is the best investment app for consumers that are just starting 
to invest in the stock market. Though the absence of tax relaxations is a big bummer. 
You have to manage your investments yourself and there are no managed portfolios.
 
5. Stash
● Stash is THE app I would recommend for beginners in the stock market that want to 
jump in directly with their investments. 
● Stash is a well-rounded platform that provides all of the features of a brokerage firm 
and some more in a small mobile application. 
● A user can get brokerage and retirement accounts for only 3 dollars a month on the 
Stash mobile app. 
● Though the platform is quite expensive and has fairly limited options, Stash is a very 
good choice if you want to start your investment journey conventionally. A very good 
app for people who want to start investing right away.
About Me!!!!
● Jerry Mononela is a freelance financial advisor and accountant 
based in the city of Tshwane, South Africa.
● Check more of such posts on Jerry Mononela, and follow my socials:
● YouTube, Reddit, and Vimeo.