How trackers make the difference in investment environment

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Remember the images we see in old-school financial movies? Busy trade floors, people screaming through phones to get their transaction validated? Well, times have changed. When you walk into a stock exchange building, the only things you will encounter are screens and computers. This also becomes evident when looking at the way people trade.

Trading in the past

The stock market was not as accessible as it is today. You needed to place transactions through brokers who you could call. The broker, in turn, would place an order for the stock for a hefty fee. This resulted in an unequal playing field: professionals and banks were able to trade faster and cheaper than individual traders. This was also the reason for a lot of individual investors to disregard and abandon the stock market as a whole.

FinTech and applications

Nowadays, you are not dependent on the newspaper if you need information about the stock market. You can watch the prices in real-time and trade whenever you feel like it. Although this sounds like an utopian investor world, there are also downsides. For example, with the rise of FinTech applications, regulators are warning investors about the gamification of investing. Therefore it is important to generate as much information as you can about the apps and the market before you start trading.

What are the best stock trackers?

This is a tricky question: what are the criteria to select the best stock trackers? We created a simple analysis based on the following two criteria:

  • Functionality: what are the features the stock tracker provides and how do they compare to others?
  • Development: deployment of new features and integrations to enhance the experience.

Crypto tracker integration

As becomes evident from the overview below, the number one includes crypto tracker functionality with a stock tracker. This is a balance we will increasingly see across FinTech apps, as crypto becomes an appealing investment case for investors.

ApplicationRatingComment
Delta5/5
  • This app comes with everything an investor needs: you can see all your stock and crypto investments as well as currencies and futures
  • For crypto, you can connect your wallets without any security risk to also track Proof of Work and Proof of Stake investments.
  • New features and integrations are deployed regularly.
Personal Capital4/5
  • Allows you to track all of your investments in a user-friendly interface.
  • Not yet possible to conduct transactions directly nor can you set alerts for stocks conveniently.
Mint4/5
  • Started as a budget tracker and thus allowing you to track more than just stocks.
  • Still limited functionality in buying and selling stocks through their platform.
  • Their user-friendly interface makes it easy to navigate through your investments and budget.
Yahoo! Finance3/5
  • While this is a well-known player in the stock tracker domain, it comes with limited functionality.
  • There is lots of news that can be found on specific stocks, but buying and selling is not possible (yet).
  • A premium version is required to access all news and info on stocks.

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