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Updated by milan-k on Mar 30, 2023
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Top 3 Option Trading Apps for Beginners

Investing in options can be intimidating for beginners, but with the right app, it can be a profitable venture. Options trading offers a variety of strategies that allow investors to take advantage of market trends and make informed decisions. In this article, we’ll explore the top 3 option trading apps for beginners.

1

Robinhood

Robinhood is a popular option trading app for beginners. It offers commission-free trading, which means you can make trades without worrying about additional fees. Additionally, Robinhood offers a user-friendly interface that makes it easy for beginners to understand the basics of options trading. The app also offers a range of educational resources and tools, making it an ideal choice for those just starting with options trading.

2

E-Trade

E-Trade is another popular option trading app for beginners. It offers a comprehensive range of features and tools that make it easier for traders to make informed decisions. E-Trade offers a user-friendly interface and a range of educational resources, including webinars and articles, to help beginners understand the nuances of options trading. The app also offers a range of trading tools and analysis tools, making it an ideal choice for those who want to take their options trading to the next level.

4

Hedged

Hedged is a powerful trading app with free algorithmic options trades available all year round, live funds with built-in hedges, and the revolutionary Hedgeometer technology that predicts market trends. These features make it easier for beginners to make informed trading decisions and manage risks while investing.