Stock Trading Experience via Mobile: Detailed Guide and Popular Tools

Trading stocks on mobile devices has become the preferred choice for many investors today. This method is not only convenient but also offers significant benefits compared to traditional face-to-face trading. Let’s explore in detail how to trade stocks on your phone and the popular software platforms available on Android and IOS.

Advantages of Trading Stocks on Mobile Devices

Modern stock trading applications provide outstanding utilities:

✅ Flexibility in time and location - You can monitor and trade from anywhere, at any time, without needing to visit the trading floor

✅ Continuous market information updates - Receive real-time price notifications, enabling quick reactions to trading opportunities

✅ Limited direct contact - Safer health-wise, reducing the risk of disease transmission

✅ Time-saving on commuting - Focus on analysis and decision-making for trades

Types of Mobile Stock Trading Tools

Stock software can be divided into three main groups:

1. Domestic Stock Trading Apps

Domestic trading platforms allow you to buy and sell stocks registered on Vietnamese stock exchanges:

Smart One (Rating: 3.5/5.0 on IOS; 3.9/5.0 on CH Play)

• Developed by VPS brokerage company
• Manage investment portfolios and place buy/sell orders online
• Support for domestic derivatives trading such as VN30

VNDIRECT Trading App (Rating: 3.0/5.0 on IOS; 3.9/5.0 on CH Play)

• App from one of Vietnam’s leading brokers
• Provides order placement tools, news tracking, and stock indices
• User-friendly interface suitable for beginners

TCInvest (Rating: 3.0/5.0 on IOS; 4.2/5.0 on CH Play)

• App from Techcom Securities with bank-level security standards
• Integrated with modern electronic payment systems
• Highly rated among domestic stock trading software

2. Market Analysis and Monitoring Apps

These apps specialize in providing data, analysis tools, and news:

Investing.com (Rating: 4.7/5.0 on IOS; 4.2/5.0 on CH Play)

• Offers real-time quotes for hundreds of global financial assets
• Advanced analysis tools to evaluate trends before making decisions
• Suitable for investors wanting detailed market information

TradingView (Rating: 4.5/5.0 on IOS; 4.5/5.0 on CH Play)

• In-depth technical analysis tools with detailed charts
• Large trader community for strategy exchange
• Useful for learning and gaining experience from other traders

CafeF (Rating: 4.5/5.0 on IOS; 3.6/5.0 on CH Play)

• Focused on domestic stock news and financial information
• Updates hot stock codes and market events
• Daily useful reference source for investors

MarketWatch (Rating: 4.5/5.0 on IOS; 4.5/5.0 on CH Play)

• International market data hub with latest business news
• Helps track US stock trends and global indices
• Essential tool for trading US stocks, S&P 500, Dow Jones

3. International Derivatives Trading Platforms

Derivatives trading allows access to international assets via CFD(:

Popular Platforms )Rating varies from 3.5 to 4.6/5.0 on both IOS and CH Play(

• Offer trading in US stocks, Forex, indices, commodities, gold, cryptocurrencies
• Support flexible leverage from 1:20 to 1:500 depending on the platform
• Allow trading with minimum margin from 50 USD to 2 million VND
• Some platforms provide demo accounts with 50,000 USD virtual funds for practice
• Spread fees are usually very low compared to traditional stock trading

Comparison Table of Stock Software Types

Details on Domestic Stock Trading

) Advantages

✅ Actual ownership - You hold ownership rights to purchased stocks

✅ Voting rights - Participate in shareholder meetings

✅ Stability - Suitable for long-term investment strategies

Limitations

❎ High initial capital - Must pay 100% of stock value. For example, buying 100 shares at 100,000 VND/share requires at least 10 million VND ###excluding 0.15%-0.35% commission fee(

❎ Significant trading fees - About 30,000 VND per order on HNX. Frequent trading of 10 orders/week can lead to 15-20 million VND in annual fees

❎ Minimum quantity limit - HNX requires a minimum purchase of 100 shares per order

❎ Profits only when the market rises - The only way to profit is buy low, sell high

❎ Complex procedures - Need to submit documents, ID, taking 2-5 working days for verification

❎ Slow settlement time - T+2 )2 days after trade to receive funds(

❎ Limited trading hours - Cannot place orders outside designated hours

Details on Derivatives Trading

Derivatives trading involves buying and selling contracts for difference )CFD( based on stock or underlying asset prices. Participants include international stock exchanges offering products, brokers facilitating access, and investors executing trades.

) Advantages of Derivatives Trading

✅ Two-way trading - Profit from both rising and falling markets through short selling

✅ Low trading fees - Only pay spread ###buy-sell difference(, no commissions or VAT

✅ Access to international stocks - Trade US, Hong Kong, Japan stocks like Apple, Google, Microsoft without direct purchase

✅ Leverage trading - Increase profit potential with small capital. For example: with 50 USD, trade 1,000 USD )leverage 1:20(

✅ Low margin requirement - Initial capital from 50 USD to 2 million VND depending on platform

) Profit Comparison: Domestic Stocks vs Derivatives

Suppose buying at 1,000 USD, selling at 1,100 USD ###profit of 100 USD(:

Domestic Stocks )no leverage(

• Capital needed: 1,000 USD
• Profit: 100 USD
• Profit rate: 10%

Derivatives )leverage 1:20(

• Capital needed: 50 USD
• Profit: 100 USD
• Profit rate: 200%

) Risks of Derivatives Trading

❎ No direct ownership of assets - No voting rights or dividends

❎ Leverage is a double-edged sword - Can amplify profits but also increase losses

❎ Requires strict risk management - Use stop-loss, take-profit, protect accounts against negative balances, keep leverage low such as 1:1

❎ Strict regulations in Vietnam - Currently only 3 domestic derivatives products: VN30, HNX30, and TPCP. International derivatives are offered by international brokers

How to Choose the Suitable Trading Method

If you:

• Want long-term investment → Domestic stocks
• Have large capital → Domestic stocks
• Want short-term trading → Derivatives
• Have small capital → Derivatives
• Want two-way trading → Derivatives
• Are a beginner investor → Combine both, start with analysis software

Tips for Choosing a Broker

For Domestic Stock Trading

• Choose reputable brokerage firms with large market share in Vietnam
• Check reviews on app platforms
• Understand data security policies and account verification procedures

For International Derivatives Trading

• Prioritize brokers regulated by reputable securities authorities: FCA ###UK(, ASIC )Australia(, CIMA )Cayman(
• Avoid platforms with unclear legal status or without licenses
• Verify reliability through trader community reviews
• Learn about risk management tools and account protection policies

Starting Your Mobile Stock Trading Journey

To begin trading stocks on your phone effectively:

Step 1: Define your goals and trading style

Step 2: Choose software that fits your needs )domestic or derivatives(

Step 3: Create an account and complete verification )usually 10 minutes(

Step 4: Use demo accounts or practice before real trading

Step 5: Start with small capital, apply risk management techniques

Trading stocks on your phone can become an effective investment method if you master basic knowledge, select the right tools, and adhere to risk management principles. Start with thorough preparation and persistent learning to succeed in the stock market.