Charles Schwab doesn’t have an Android app, a Blackberry app, or even an iPhone app. Many brokerages are in the same boat, or if they do have a mobile app it is usually on the iPhone. Starting after that today, brokerage customers of Schwab, Fidelity, Morgan Stanley, Merrill Lynch and more than 60 other brokerages will be able to follow their portfolios on new mobile Android and Blackberry apps from Wikinvest . Directions for downloading the mobile apps may be found here.
While about half of the brokerages Wikinvest suports have iPhone apps, usually about 20 percent have Android or Blackberry apps. There are so many mobile app platforms that it is tough is to brokerages to encouragement them all. Wikinvest hopes to expand that hole with these apps.
One reduction of the apps is that they are view-only apps. You can follow your portfolios opposite multi-part brokerage accounts, but can’t traffic from the app. Still, for many people, they just wish that small ego speed up (or crush, depending on teh citation of the market) every day. Wikinvest’s iPhone app , which launched in Aug , is now a of the tip 10 financial apps in the App Store, and accounts for a whopping two thirds of Wikinvest’s sign-ups.
Wikinvest is now tracking $16 billion in assets, up from $1 billion 5 months ago. The properties are expansion opposite 62,000 Wikinvest members who follow their portfolios, with half on the iPhone. Of those users, 65 percent are active at least once a month. They median 167 pageviews and record about 15 hours a month. People have always been dependant to checking their stocks, and now Wikinvest is roving that call with its mobile apps.