Ever since the GameStop debacle earlier this year, it seems like stock trading has hit its peak in popularity, and apps like Robinhood help bring the Wall Street experience to your phone. While the platform has certainly run into its fair share of controversy, it's still one of the easiest ways to buy and sell stocks, cryptocurrency, and more. Starting today, Robinhood is adding one more option for investors to check out as IPO Access launches on the service.
Trading stocks is currently a hot topic, all thanks to a recent event where redditors figured out how to stick it to a hedge fund that was trying to short GameStop. On top of this, stocks, in general, have been blowing up during Covid, which is also driving the current interest in trading. This is why I've decided to compile a list of the more notable trading apps currently available on the Play Store. Now, I don't fancy myself a day trader, so I'm not here to review these apps. This is simply a list for our readers to pore over as they consider the available options on Android.
Over the last few weeks, GameStop stock (GME) has seen its price spike tremendously due to meme-driven retail trading from venues like the subreddit /r/WallStreetBets, prompting some services like Robinhood to halt trading for it and other Reddit-promoted stocks. This heavy-handed action by the company has resulted in a clear reaction from users, with the Robinhood app's rating at the Play Store tanking to 1.0 stars, the lowest possible score, and prompting a class action suit.
Fingerprint sensors were the norm for a long time, but face unlock reentered the scene as the smartphone biometric authentication method a couple years back. Secure apps have been relatively slow to adopt face unlock, but TD Ameritrade has just become the latest finance-related app to support it.