If you’re like most people, you probably think investment apps are only for experienced investors. But that’s not the case! There are a number of investment apps out there that are perfect for beginners. There are also a few comparison sites like InvestoRunner.com where you can compare stock brokers online before investing. In this blog post, we will discuss 9 of the best investment apps for beginners. These apps make it easy to start with smart investing and help you grow your portfolio over time. So if you’re just getting started in the world of investing, be sure to check out these apps!
By taking advantage of the tools and resources these apps offer, you can set yourself up for success in building your financial future.
Here are 9 of the best investment apps for beginners:
1- SoFi platform:
SoFi is an investment app that offers a robo-advisor service as well as the ability to trade stocks, ETFs, and options. Sophie is one of the easiest apps to use. .It’s a great way for beginners to start with investing without having to make all the decisions themselves. You will start investing with as little as $1. Trades are free, and there are no account fees or commissions. It’s also free to use. Furthermore, users are able to trade cryptocurrencies such as Bitcoin, Ethereum and Dogecoin. 27 other currencies are available on the platform.
2- Ally Invest:
Ally Invest is a good investment platform for beginners. You can start with as little as $100, and there are no investment fees or commissions. This app also offers investment education to help you learn more about investing before you start. Ally Invest is free to use. These investment apps will help getting started in the world of investing and grow your money.
3- TD Ameritrade:
If you are new to the markets and planning to get into active trading, this app is a good place to start. With this app, you can get real-time quotes, place trades, and track your investment portfolio.
If your investment experience increases, you will be recommended to another investment platform by the company, thinkorswim. which is Ameritrade’s more advanced investment platform.
4- Robinhood:
This app allows you to invest in stocks, ETFs, and options with no commission fees. It’s a great way to start in the stock market without having to pay any fees. It is a solid option for beginners. You can create a premium account with more features for a monthly fee starting from $5
Furthermore, this platform provides commission-free cryptocurrency trading for various digital assets, including Bitcoin, Ethereum, Dogecoin and Litecoin.
5- Public:
This investment app offers a commission-free, fractional share trading platform that allows users to invest in stocks and ETFs. It’s a great way to start with investing without having to make a large investment.
You may learn from the portfolios of other specialists by reading their postings, join discussions with other users, and create group chats. You can also invest in a variety of cryptocurrencies, including Bitcoin, Dogecoin, and Ethereum.
6- Betterment:
This investment app offers a robo-advisor service that helps you invest your money in a diversified portfolio. Furthermore, It’s a great way for beginners to start with investing without having to make all the decisions themselves. You can start with as little as $10 and go all the way up to $500. Betterment has no account fees, and it’s free to use.
7- Acorns:
This app helps you invest your spare change by rounding up your purchases to the nearest dollar and investing the difference. Acorns is a fantastic way to start investing without having to afford a large sum of money up front.
8- Wealthfront:
This investment app offers a robo-advisor service that helps you invest your money in a diversified portfolio. It’s a great way for beginners to start with investing without having to make all the decisions themselves. Moreover, You can start with as little as $500 and you will be charged 0.25 % of your account balance per year. Wealthfront has no account fees, and it’s free to use.
9- Stash:
This app allows you to start investing with as little as $ five and offers a variety of investment options including stocks, ETFs, and bonds. They also offer investment education so you can learn more about investing before you start.
These investment platform are an excellent place for novices to start with investing in the stock market. These applications are ideal for people who want to learn about investing. With these apps, you can grow your portfolio over time without having to make a large investment all at once.
Do you have any investment apps that you recommend for beginners? Let us know in the comments below!
