The use of mobile apps is growing in almost all sectors of the economy. And, the stock market is no exception. Gone are the days when investors had to remain dependent on stockbrokers to invest in financial markets. In those times, stock trading was considered the privilege of a few who could comprehend what the finance world was all about.
With the entry of stock trading apps like Robinhood, users can now buy and sell their securities with just a single tap on their mobile screens. This has resulted in what Robinhood terms as the democratization of the stock markets.