Matador App Review – Stock Trading Made Social

Matador is a new company that offers commission free stock trading. They started in 2018 and are currently available on iPhone. An app is in the works for Android and there is a waiting list so you can know when it is available.

Matador is an app that I downloaded about 3 weeks ago and I wanted to give you guys a full review of it. After reading this extensive Matador App Review, you’ll be able to weigh the pros and cons and decide for yourself if Matador is a weapon you want to include in your investing arsenal.

What is the Matador App?

Matador Logo

In short, Matador is a mobile app that allows you to trade over 5000 US stocks and ETFs with no fees. You don’t have to pay trade commissions to buy or sell stocks or ETFs and you don’t have to pay to deposit or withdraw your money.

What makes Matador unique is that it has a very social focus. You can see what your friends have invested in and share what you are investing. Also, you can see what the Matador community is investing with as a whole. This gives you the opportunity to learn from your friends and the community.

It also lets you invest together with friends which is different from other platforms.

Join below and you will receive $20 when you link your account to a bank and make your first deposit!

>>> Join Matador Today! <<<

What Makes Matador Unique?Matador is social - people laughing together

When you choose Matador, you are choosing the community. What separates Matador from the rest is that you get to link up to friends and see what they are investing in.

Think of it like Twitter for investing. You can see what stocks your friend invested in and comment on their feed about it and discuss the trade. You can also see when they purchase new stocks and when they sell them.

They can also comment on your feed so there is a social media aspect to it.

In addition to this, Matador shows you what the entire community is investing in. When you look at a stock, Matador will tell you what percentage of the community is investing in the same stock so you know if you are among other investors or going it alone.

Take Me Inside Matador!

I can write all day but seeing it firsthand will give you the best idea of what Matador is all about. Watch below as I take you straight inside!

Exploring Stocks in a Fresh FashionExplore Stocks in the Matador App

A lot of apps have the ability to browse categories and tags when you are searching for stocks to potentially invest in. Matador takes a fresh take on this and separates stocks into “Themes”.

Each theme has many choices to choose from depending on your investment goals!

Check out “New Kids on the Block” to find stocks that are new to the stock exchange.

Interested in the same stocks Warren Buffett invests in? Check out the Buffett theme for companies that make up his company portfolio.

Maybe you want to invest in some new tech such as Self Driving Cars? There’s a theme for that too!

There really is something for everyone when it comes to this format.

Other themes are to consider are “Girl Power” for stocks that headed by and catered to women, “Vegas, Baby” where whatever happens in this theme, stays in this theme, and “Race to Space” where…well, you get the idea!

Matador’s Stock Analysis Features

Obviously, if your making investment decisions, you want to know as much about a company as possible. Matador, doesn’t offer as much in means of analysis and technical information as other free brokerages like Robinhood and Webull. They do offer their own unique set of features though. stocks owned by community and your circles

Once you choose a stock to learn about, you’ll see who in your circles currently owns the stock as well as how much of Matador’s community (by percentage) is investing in it.

You’ll see what themes the stock resides in. Next, you’ll see how their earnings have performed over the last year by quarter. Matador shows the Expected Earnings next to the Actual Earnings so it is clear if they are meeting or beating their projections.

There is a schedule of events listed which shows when their earnings announcements are going to be. Stats will then be posted that give you the basics in terms of price, volume, market cap, P/E ratio and more.

Lastly, Matador shows you what Wall Street thinks about it. Is it a strong buy, buy, hold, under perform or sell?

Although, it doesn’t offer a lot of the fundamental and technical analysis found in other apps, it’s social and simple approach prevents new investors from over-complicating their investing decisions so it’s more approachable and less daunting.

Make Money with Matador!

$20 to invite friendsWant to make a little extra money to add to your investing account? Since Matador is a newer company, they are offering $20 to each person that refers someone else to the app.

Not only does the person referring someone else get $20, but the referee also gets $20.

That way, everyone wins! Matador gets more users, the referrer gets a little extra money and the referee gets a jump start in their investing account!

Join Matador Today and Get $20 when you link and fund your account!

Matador Review Recap

In short, the things I like about Matador is the social sharing of stocks with friends and the community. I also like the simple explore feature that allows you browse stocks by themes.

I do wish that Matador had the ability to invest in options and that you could do more research. I will keep it though and add some more money to this account for the social aspect and to invest with friends of mine. I also wish this was available on Android but as of now, it’s only available on iPhone.

matador app recap

If you want to trade other investments like options and crypto currencies, choose Robinhood. You can read my full Robinhood Review here. If you prefer an app that geared more to the research and analysis features of stock trading, check out Webull. You can read the full Webull Review here.

I hope you enjoyed this in-depth review. If so or if you have any questions, please leave a comment below and I’d love to hear from you.

If you know anyone that you think would benefit from reading this review, please share this with them.

Thanks for reading! Now, Let’s Start Investing!

 

Matador

FREE
8.6

Signup Process

9.5/10

Ease of Use

8.5/10

Price

10.0/10

Training Available

7.0/10

Features

8.0/10

Pros

  • Zero-Commission Fee Trading
  • Great Referral Program that pays $20 per signup.
  • Outstanding Community
  • You can see what your friends are trading
  • You can comment on your friend's trades

Cons

  • You can't trade bonds, mutual funds, options or cryptos
  • Only available in the US
  • Limited Research Tools
Facebooktwittergoogle_plusredditpinterestlinkedinmail

17 thoughts on “Matador App Review – Stock Trading Made Social”

  1. Everyone is always on the lookout for ways to improve their income. Investment platforms provide this avenue but mostly at a cost of great risk. I like the matador app because it would enable me share and learning from other people’s trading experiences. It’s sad to see that this app is not yet available on Android devices. Can I also use this software on my computer, seeing that I don’t have an iOS device?

    • Unfortunately, no. They only have an iOS platform. I know they are almost done with the android platform and think they plan on eventually having a web based platform. With any new company, growth takes time.

  2. From what I read and the video I watched, I can say that this app is one of the weapons needed to be added in anyone’s investment arsenal. I will refer it to my family and friends so they can also have this great weapon. I just hope this weapon won’t fail on a long run. Thanks

    • Thanks for reading. I’m glad you used my words “investment arsenal” because that’s a phrase I use a lot on my site. I will be writing a page soon that shows people everything in my own personal investment arsenal!

  3. Thanks for this informative review,  This is the first time I’m coming across a social investing platform, bidding to make the stock market more approachable to young investors and friends. Beyond the social investing aspect, it also allows free trading of stocks and ETFs, which is totally amazing, I’m definitely going to download this amazing app, or do I need a link to download the application?

    • You can sign up here and we’ll both receive $20. You can also download it from the app store but I don’t think they will give you the $20 sign up because they are trying to give incentives for sharing it with others.

  4. Wow, I like this. I’ve traded stocks and ETFs here and there, over the years. But I can’t say I’ve ever done it from an app on my phone. Over the past few years, most of my trading has involved my IRA account. I actually cleared out my “recreational trading” account so I could throw those funds into my retirement account. So other than a recent foray into crypto, I haven’t traded for any other reason since before there were smartphones. This really does appeal to me, though. It’s almost too easy to pass up, so I might just open an account. I like the way everything’s separated into themes, too. That makes it a lot easier to figure out what some of these new tech companies are all about without having to scour the internet for every little tidbit of info. Really cool! Thanks for sharing!

  5. Thanks for writing this review on the Matador app. This is my first time of hearing about the trader app. Maybe it is because am new to stock trading. I must tell you I really like how the Matador app works for trading and all the amazing things you wrote about them. I especially like the feature that lets you see what the Matador community is investing with as a whole.

  6. Some years ago I invested a quarter of my life savings into stock trading without the necessary knowledge and information I was set for failure. Matador offers a better perspective to stock trading since it allows you to trade base on the swing in the community and also make reference to what others are doing. This is a great innovation to stock trading I believe I can make a head way using this app. This is an excellent article, packed with exactly what I needed , thank you for sharing.

  7. Thank you for this comprehensive review of Matador. I have never read or heard about Matador before, but it is worth investing in because of id just a tool that teach you how to invest and make money. I like the idea that it allows choosing a programme to learn from and start investing. I like the owner of the Matador to improve on the analysis and technical technical aspect about the company to invest in. But the owner of the matador should find means to make it available on android because android users are much more than iPhone users. That should be put in cognizance too

    • They are currently building their Android platform as we speak. Anyone with an Android phone, can simply go to their site and sign up for the waiting list so they will receive an email when the app is made available.

  8. Thanks for writing out this lovely article and I must say its a must for everyone to read and digest.

    Think of investment, think of Matador. Matador is another ways to make money online, the referral aspect interest me more. It’s a win-win when my friends joins the program. This article said all about Matador and the pros outweigh the cons.

    Thank you for the information about Matador. I am registering Matador right away. Best regards!

    • You can absolutely use it to make money. By just referring friends, you will have money in your account and you can start investing based on the money you make from referrals up to $500. That’s pretty cool.

  9. I used to be scared of stock but after reading your article, it has geared and boosted my interest. I would like to know how much can one make on matador with the minimum investment? I need to start from the scratch, then grow from there with time. Secondly, What are the means of receiving payments on matador ? I will love to hear from you. 

    • How much you can make is completely dependent on your own research and investment. Some stock picks to better than others. For example, a lot of my stocks went up 1-3% today which is pretty good for one day. One of my stocks however jumped 30% because they had a very strong Earnings Report.

      This gained me about $250 by itself. It really all depends. It was a stock that I chose based on a stock pick by Motley Fool Stock Advisor. If you’re interested in a service that provides stock picks that have historically beat the market, I’d recommend reading my Motley Fool Stock Advisor review!

      As for payments, all you need to do is click “Transfer to bank” from your profile and you will be able to enter an amount and it will direct deposit to your account that is linked to Matador.

  10. Hi, this is a well detailed and comprehensive review. I love the Matador’s features especially the referrals.

    For social traders, this could be very useful because what makes it even more interesting is the fact that it is a social app. It allows people to compare their trading and make get advice’s from friends. This is one of best features of the app I think. It is of great advantage to newbies.

    However, can limits be placed using the app?

    • the social aspect is very clearly their biggest feature. I like comparing my portfolio with my friends. As for limits, the answer is yes. Matador allows you use Market, Limit, and Stop orders.

Leave a Comment