3 popular trading apps that Millennials and Gen Z use today


Webull is for people who want to start investing without needing a big account or paying fees for trades. It's not a full-service broker, so you might have to do some things on your own when managing your investments. Webull users are usually younger compared to users of other brokers. The fact that Webull doesn't charge any fees is good for people who trade a lot. Webull's free options trading is convenient because some other brokers, even if they don't charge for stock and ETF trades like Schwab, still charge for each part of options trades.

Webull stands out as a great option for novice and intermediate traders. The platform offers an exceptional user experience, featuring superior charts compared to its direct competitor, Robinhood. While options contracts come with no commission fees, it's worth noting that Webull tends to have relatively higher markups and markdowns on cryptocurrency transactions.

Why We Like It:

  • No commissions on stocks/ETFs, options, or cryptocurrencies
  • Easy to use mobile and desktop interface
  • Beginners can ease into the market by using paper trading and investing in fractional shares



Robinhood is a platform for investing where you can trade stocks, ETFs, cryptocurrency, and options without any commission fees. Whether you're using your phone or computer, it's user-friendly and particularly suitable for beginners in investing. If you're interested in trying out buying and selling stocks, ETFs, or cryptocurrencies all in one spot, Robinhood is an excellent option.

Why We Like It:

  • One of the limited brokers providing entry to Initial Public Offerings (IPOs)
  • Users new to investing can dip their toes in the market and try fractional trading 
  • Great mobile and web trading platforms



Thinkorswim is a trading platform offered by Charles Schwab. It provides advanced tools and features for trading various financial instruments, including stocks, options, futures, and Forex. Thinkorswim is known for its comprehensive charting tools, technical analysis features, and a customizable interface that caters to both beginner and experienced traders.

Why We Like It:

  • Beyond equities and options, Thinkorswim supports trading in futures contracts and Forex
  • Robust options trading capabilities, including advanced options analytics and modeling
  • Offers educational resources, webinars, and market analysis


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