Trading and Investing: Online Broker vs. Phone App (what’s best?)


Manage episode 325941528 series 2362208
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When I first got started in day trading and investing, there were no such choices as apps to download onto your smart phone. If I step back and put myself into a beginner’s shoes who is brand new to the financial markets, I could see myself being a bit confused between an online trading broker and an app for my phone. The good news is, they are one in the same! The proper wording and terminology would be: An online trading broker offers their customers not only a platform for their PC, tablet, etc. to trade and invest into stocks, but also an app that can be downloaded onto their phone to do the same. In other words, there is no choice that needs to be made between the two tools. The wording can get confusing but they both do the exact same thing. If you are someone who is more visual, let me walk you through these two trading and investing tools that exist thanks to the wonderful world of technology!

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