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Trading Tips-Tim Sykes Penny Stock

How to Buy Stocks on an iPhone

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Written by Timothy Sykes
Updated 5/16/2024 16 min read

The evolution of mobile trading has significantly democratized access to financial markets, making it easier than ever for individuals to manage their investments directly from their smartphones. iPhones, with their advanced features and comprehensive app ecosystem, have become powerful tools for investors. The convenience of trading from an iPhone allows users to respond quickly to market changes, access financial data, manage their portfolios, and execute trades almost instantaneously.

Read this article because it offers clear, step-by-step instructions on how to buy stocks on an iPhone, optimizing your trading strategy right from your pocket.

I’ll answer the following questions:

  • Can you buy stocks on an iPhone?
  • What should you look for in a stock trading app on the iPhone?
  • How do you set up an account to trade stocks on an iPhone?
  • How can you use the Apple Stock app to monitor the market?
  • How do you customize the iPhone Stock app display for better tracking?
  • What are the steps to start trading with TradingView on an iPhone?
  • How do you begin trading with Firstrade on your iPhone?
  • What are the benefits of using iPhones for trading stocks?

Let’s get to the content!

Table of Contents

Can You Buy Stocks on an iPhone?

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Yes, it is entirely possible to buy stocks directly from an iPhone, making it a versatile tool for both novice and experienced investors.

You know how I always talk about the laptop lifestyle?


Consider iPhone trading the laptop lifestyle on steroids.

The key to successful mobile trading is choosing the right app that aligns with your investment goals and trading style.

Here are some examples of things to look for in iPhone products and services:

  • Ease of use: The app should have an intuitive interface suitable for your level of expertise.
  • Security features: Robust security measures to protect your financial data.
  • Investment options: A wide range of stocks and other securities to diversify your portfolio.
  • Real-time data: Access to live market data, news, and alerts to make informed decisions.

Once you’re set up with a way to make investing purchases on your iPhone (or iPad, iPod Touch, Apple Vision, or anything else in the world of iOS), you can follow these recommendations and suggestions:

  1. Set up an account: Register and fund your account with the chosen platform.
  2. Research stocks: Use the app’s tools to research stocks, futures, gold ETFs, etc.
  3. Execute the trade: Buy stocks through the app by entering the amount of shares and confirming the purchase.

Some popular brokers like eToro use Contracts for Difference (CFDs), which allow traders to speculate on price movements without owning the underlying assets, offering flexibility and increased exposure. For a comprehensive guide on the advantages and risks associated with CFD trading, visit my guide to trading CFD stocks.

How to Use the Apple Stock App on Your iPhone

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While the Apple Stock app comes pre-installed on iPhones and is a handy tool for monitoring the stock market, it does not support direct stock trading. Instead, it serves as a comprehensive platform for tracking market trends, examining stock details, and receiving financial news.

To get started with the Apple Stock app:

  1. Open the app: Locate the Stocks app on your home screen.
  2. Search for stocks: Use the search option to find stocks and add them to your watchlist.
  3. Monitor performance: Keep an eye on your stocks’ performance directly from the app.

How to Customize the iPhone Stock App Display

Customizing the Stocks app on your iPhone can significantly enhance your market tracking experience by tailoring the display to your specific investment needs and preferences.

Add Stocks

To add stocks to your watchlist:

  1. Tap the “+” icon in the upper right corner.
  2. Search for the stock you want to add.
  3. Select the correct stock from the results and it will be added to your watchlist.

Reorder Your Stocks

To reorder the stocks for optimal viewing:

  1. Tap the “Edit” button in the upper right corner.
  2. Hold and drag the reorder icon next to the stock you want to move.
  3. Release to place the stock in its new position.

Change the Units

To change how stock changes are displayed (shares to percentage, etc.):

  1. Go to the settings in the Stocks app.
  2. Tap on ‘Units’ to select your preferred format.
  3. Confirm your choice to see the updated units in your stock view.

How to Buy Stocks on an iPhone With TradingView

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TradingView is renowned for its extensive charting capabilities and social networking features, making it an excellent platform for detailed stock analysis and trading.

To start trading with TradingView on your iPhone:

  1. Download the TradingView app from the App Store.
  2. Create an account or log in.
  3. Configure your trading profile and link it to your brokerage for trading.
  4. Start trading by selecting stocks, setting up trades, and monitoring your positions.

Timing is crucial in trading, and knowing the best times to buy stocks can significantly enhance your trading success. Understanding the nuances of market timing is essential. To get detailed insights into the best times for stock trades, check out my rundown of the best times to buy stocks.

How to Buy Stocks on an iPhone With Firstrade

Firstrade offers a user-friendly, commission-free trading environment that is ideal for both beginners and seasoned traders looking to maximize their profits.

To use Firstrade for trading on your iPhone:

  1. Install the Firstrade app from the App Store.
  2. Sign up for a new account or log into your existing one.
  3. Transfer funds into your account to start trading.
  4. Navigate the app to buy stocks, using the search tools to find the desired securities and executing trades.

Key Takeaways

tim sykes on phone
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  • Mobile Trading Accessibility: iPhones provide a convenient, efficient platform for trading stocks.
  • App Diversity: A variety of apps are available to cater to different trading needs and strategies.
  • Real-Time Trading: Buy and sell stocks in real-time to capitalize on market opportunities.
  • Personalization Options: Customize your trading app setups for optimized usage and better tracking.

Trading isn’t rocket science. It’s a skill you build and work on like any other. Trading has changed my life, and I think this way of life should be open to more people…

I’ve built my Trading Challenge to pass on the things I had to learn for myself. It’s the kind of community that I wish I had when I was starting out.

We don’t accept everyone. If you’re up for the challenge — I want to hear from you.

Apply to the Trading Challenge here.

Trading is a battlefield. The more knowledge you have, the better prepared you’ll be.

Is the iPhone part of your trading toolkit? Write “I’ll keep it simple Tim!” in the comments if you picked up on my trading philosophy!

Frequently Asked Questions

What’s the Best App for Free Stock Trading?

Robinhood and Webull are top contenders for free stock trading on iPhone, offering extensive tools and minimal fees. Both platforms provide a balance of user-friendly interfaces and robust trading capabilities, making them ideal for new traders.

Can I Buy Stock Directly from Apple?

While Apple does not sell its stocks directly to investors, shares of Apple Inc. can be purchased through any brokerage account that you can access on your iPhone, using apps like those mentioned above.

Can I Just Buy Apple Stock?

To buy Apple stock on your iPhone:

  • Open your trading app and log in.
  • Use the search tool to find Apple Inc. under its ticker symbol, AAPL.

Enter the amount of shares you wish to buy and confirm the trade.

Owning Apple stock offers the potential for substantial gains, given the company’s solid market position and history of growth.

How Can You Manage Multiple Stock Accounts on an iPhone?

Using an iPhone to manage multiple stock accounts involves utilizing apps that support integration with various banks and financial institutions. Ensuring these apps are FDIC insured, where applicable, provides a layer of security for your deposits. The ability to switch between accounts seamlessly is crucial for effective portfolio management.

What Are the Best iPhone Apps for Real-Time Stock Prices?

The best iPhone apps for tracking real-time stock prices typically offer comprehensive charts, live indicators, and customizable watchlists. These features help investors make informed decisions based on the latest market conditions. Apps that provide detailed price analysis and alerts are highly valued for their functionality and user-friendly interfaces.

How Do iPhone Apps Ensure Privacy and Security for Stock Trades?

iPhone apps designed for stock trading ensure privacy and security through rigorous privacy practices, which include secure handling of user data and compliance with regulatory rights and age ratings. These measures protect investors’ identity and financial information from unauthorized access.

Can You Access Professional Financial Advice Through iPhone Stock Apps?

Yes, many iPhone stock apps provide access to professional financial advice, offering ratings, analytical tools, and market forecasts. These apps often include features like investment calculators and the ability to explore various investment ideas, enhancing users’ confidence in making financial decisions.

What Features Should You Look For in an iPhone Stock Trading App?

When choosing an iPhone stock trading app, look for key features such as robust order functionality, the ability to monitor different types of investments, and real-time alerts for price changes. The app should also have a user-friendly interface that provides financial news updates and allows for easy management of dividend payments.

How to Evaluate Stock Trading Apps on Your iPhone?

Evaluating stock trading apps on your iPhone involves reviewing user feedback, checking developer credentials, and comparing the features offered by competitors. Look for apps that provide comprehensive market analysis tools, customizable watchlists, and in-depth financial reports to support your trading decisions.

What Are the Legal Considerations When Using iPhone Apps for Trading?

Legal considerations when using iPhone apps for trading include understanding the disclaimer terms, knowing the privacy practices of the app, and ensuring the app complies with local laws regarding financial transactions. Users should also be aware of the rights provided to them under these apps, particularly regarding data usage and dispute resolution.

What Should You Check Before Using an iPhone App for Stock Reviews?

Before using an iPhone app to read stock reviews, check the credibility of the reviews and the reputation of the companies featured. Ensure the site or app is well-regarded by its user community and provides up-to-date, insightful analysis. This helps you make informed decisions about your investments.

How Can You Use Your iPhone to Follow Business News and Stock Trends?

To use your iPhone to follow business news and monitor stock trends, subscribe to reliable news stories and business news updates from esteemed websites directly through your phone. Apps that aggregate news from multiple sources can provide a comprehensive view of global market conditions and company-specific developments.

What Are the Benefits of Using iPhone Apps for Banking and Investment?

iPhone apps for banking and managing investments such as IRAs or cash accounts offer convenience and flexibility. These apps often allow members to monitor their portfolios, execute trades, and stay updated on financial market trends from any location. Look for apps that support secure transactions and have robust privacy locks.

How Do iPhone Apps Help With Mortgage and Credit Card Decisions?

Many iPhone apps provide tools and calculators for better mortgage planning and credit card management. These apps can help you compare rates, understand potential dividends from investments, and calculate payments, helping you make financially sound decisions based on current market data.

Why Should Investors Use iPhone Apps for Trading on the Stock Exchange?

Investors should use iPhone apps for trading on the stock exchange to gain real-time access to market data, place limit orders, and track stock performance through interactive charts and videos. These apps often include features that alert you to significant movements or potential loss scenarios, enabling proactive portfolio management.

What Considerations Are There for Choosing an iPhone App for Trading Bonds?

When choosing an iPhone app for trading bonds, consider the types of bonds available, the margin requirements, and the app’s ability to provide detailed market analysis and historical rates. The app should offer comprehensive support for bond trading, including functionalities for buying, selling, and tracking bond yields.

How to Manage Stock Dividends Effectively Using iPhone Apps?

To manage stock dividends effectively using iPhone apps, look for features that allow you to track dividend payments, reinvest dividends, or use dividends to purchase additional shares. These apps should provide timely notices and updates on dividend adjustments and financial statements from the stockbroker or relevant financial entities.

What Features Are Essential for Loss Prevention in iPhone Trading Apps?

Essential features for loss prevention in iPhone trading apps include automatic stop-loss orders, real-time alerts on market shifts, and detailed financial reporting. These tools can help mitigate financial risks by providing users with timely information to make quick adjustments to their investment strategies.

How Can Customers Use iPhone Apps to Manage Money Across Different Countries?

iPhone apps that support multi-currency accounts allow customers to manage money across different countries easily. These apps convert currencies based on current exchange rates and offer the ability to track investments in multiple stock exchanges, making them essential for global investors.

What Are the Basics of Using Mac and iPhone for Stock Trading?

The basics of using both Mac and iPhone for stock trading involve synchronizing your trading page or app across devices for seamless functionality. Ensure that both devices run on compatible versions of software and apps to maintain continuity in your trading activities.

How Do iPhone Trading Apps Protect Client Names and Other Personal Information?

iPhone trading apps protect client names and other personal information through encrypted data storage and secure login protocols. Providers often detail their security measures and privacy policies within the app or on their official websites, reassuring clients of the safety of their financial information.

What Are Common Issues With iPhone Stock Trading Apps and How to Resolve Them?

Common issues with iPhone stock trading apps include software bugs, login problems, and delayed updates. To resolve these issues, always keep your app updated to the latest version, clear cache regularly, and contact customer support for unresolved problems. Apps should also provide a ‘thanks’ or feedback page where users can express gratitude or file complaints.

Why Choose iPhone Apps for Forex and Credit Card Transactions?

Choosing iPhone apps for Forex and credit card transactions offers convenience and real-time access to market rates and credit limits. These apps often integrate features for credit card management and notifications for Forex rate changes, which can help in planning purchases or trades more effectively.

For What Purposes Can Investors Use iPhone Apps in the Stock Market?

Investors can use iPhone apps in the stock market for a variety of purposes: from conducting technical and fundamental analysis to placing trades and monitoring portfolio performance. These apps provide tools for detailed analysis, real-time market data, and personalized financial news, catering to both novice and experienced traders.

Why Use Credit Cards to Fund Stock Purchases?

Using credit cards to fund stock purchases can provide the leverage to buy a lot of shares without immediate cash outlay. However, investors should consider all reasons carefully, as this approach can amplify both profits and losses.

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”