With everyone carrying smartphones and tablets these days, it only makes sense to have an investing app or two. But with thousands of them available, it can be hard to find the best ones.
There are certain factors that make investing apps effective for researching investments on the go:
Updated Regularly – It’s particularly important that these apps are updated regularly. When you open it, you should have the most up-to-the-minute numbers available.
Fast – No one wants to sit around waiting for a device to load the latest stock prices. For that reason, you want an app that brings up the prices within just a few seconds.
Chock Full of Features – An app should have as much information as possible. This includes price history, company information, news, and expert advice.
Easily Navigable – Having a lot of features is good, but having too many at once or having them hidden can deter from the main features. The app should have an easy layout that makes sensea.
With these factors, let’s look at the top investing apps available today.
In our list, first up is Bloomberg. It meets all of the factors addressed above. It has up to the minute market data, news galore, videos and audio for expert advice, and it even has tools to save your favorite investments so you can follow them instantly.
It has some additional features too. You can easily share the information you find on Twitter, Facebook, and via email. All of these features are wrapped up in an attractive, easy to use app design.
Next, we selected CNBC. This has all the same features of Bloomberg’s app, but it includes all of the interviews CNBC conducts every single day. In fact, there are at least 100 interviews with experts a day that are posted online, which feeds into the app.
This can be a great supplement to the Bloomberg app if you want more information. CNBC’s interface is not as attractive as Bloomberg's, but it could be a visual preference.
SigFig is a bit different from Bloomberg and CNBC. This app will track and find investments for you. It’s very streamlined, which is nice. All you have to do is enter your investments, and you’ll have all of the information you need on one screen. You can tap on the news to learn more, and you can get advice on your investments with the insights it provides.
One of the unique features of this app is that it provides a weekly portfolio update. This app is best used with a more news centric apps, such as Bloomberg or CNBC, but it is much more individualized for investors. It’s particularly good for carrying your portfolio around with you.
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NetDania Forex & Stocks
NetDania Forex & Stocks brings us back to full featured apps This app has a few more features than Bloomberg, CNBC, and SigFig. It has all of the regular updates, saved portfolio information, and news, but it also includes charting and push notifications. You can place all of your prices on a chart to see how they have been performing to come up with a projection.
For any news that comes through, or if you want to know when a particular investment hits a certain price point, you can set an alert. This will bring up a notification on your device, so you can act on it as soon as it happens.
The design is simple but customizable. There are many different skins you can choose, and you can even set up your own menus. It brings a much more individualized experienced with a bit more than the others, even though the news with Bloomberg and CNBC are a bit more in depth.
Wikinvest Portfolio HD
Wikinvest Portfolio HD hit our list because of its integration of brokerage accounts. This makes it oh-so-easy. Once you have your investments synced, you’ll be able to see how they are performing on just one just screen. From there, you can simply tap on the tabs that say "Holdings," "News," or "Analytics" for in depth information. It’s really easy to use, and you can’t beat the market data running along the bottom. There’s a long list of brokerages that will hook up with this app, so take a look at it to see if you can use it for your portfolios.
What’s the best part of all of these apps? They are all free. You don’t have to spend money to get full featured investing apps. You can download them right now at no loss. You can try them out for yourself to see how valuable they are, and before you know it, you’ll be working on your investments everywhere you go.