There are more video editing software applications than we can fit into this roundup of the best options, which includes only software rated three stars and higher. The best known among them is probably Vegas Movie Studio, which was recently acquired by Magix from Sony. Sony's product used a very cluttered interface that more resembled high-end professional video editing software from the early days of the craft. Magix has made some progress in simplifying it and bringing it up to par with the competition, but more work is needed for it to be included here.
Using this app, you can create awesome green screen videos. PowerDirector also comes with tutorial videos for all of its functions. Most of its features are available in the free version, but upgrading to the full version allows you to remove watermark, ads, and even to extract videos in 1080 and 4K resolutions. It is supported in Android 4.3 and above.
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Particularly intensive is the process of rendering your finished product into a standard video file that will by playable on the target device of choice, be that an HDTV, a laptop, or a smartphone. Most of the software can take advantage of your computer's graphics processor to speed this up. Be sure to check the performance section in each review linked here to see how speedy or slow the application is. In rendering speed testing, CyberLink and Pinnacle have been my perennial champs.
Video editing is one of the most computing-intensive activities around, so you'll want the best laptop or desktop you can afford if you're serious about cutting your own movies. Most applications help speed up the editing process by creating a proxy file of lower resolution, so that normal editing and previewing aren't slowed down by the huge full-resolution files.
KineMaster is one of the most powerful video editor apps available. You can do the basics like most of these other video editors can. However, this one includes multiple video, image and effect layers. Additionally, there are audio filters, chroma key (for your green screen fans out there), various video effects, transitions, and more. It's not as powerful as a full desktop editor. However, this gets much closer than most other competitors. We would recommend this for actual video production (at least for stuff like YouTube). You can use it for free in trial mode for a while. However, you'll need the $4.99 per month subscription to get everything forever.