Are you a beginner investor looking to dip your toes into the world of investing? With the rise of technology, investing has become more accessible than ever before. Thanks to investing apps, you can start investing with just a few clicks on your smartphone. But with so many options available, how do you choose the best one?
In this post, we have rounded up the top 10 best investing apps for beginners. From commission-free trading to user-friendly interfaces, these apps offer a range of features to help you make informed investment decisions.
- Robinhood – Robinhood is a commission-free investing app that offers a simple and user-friendly interface. It allows you to invest in stocks, options, ETFs, and cryptocurrency without paying any fees.
- Acorns – Acorns is an app that automatically invests your spare change. It rounds up your purchases to the nearest dollar and invests the difference in a portfolio of ETFs.
- Stash – Stash is a beginner-friendly app that offers personalized investment advice and allows you to invest in a range of stocks, ETFs, and bonds.
- Betterment – Betterment is an automated investing service that uses algorithms to create and manage a portfolio of ETFs based on your investment goals and risk tolerance.
- M1 Finance – M1 Finance is a commission-free investing app that allows you to create a custom portfolio of stocks and ETFs. It also offers fractional shares, allowing you to invest in expensive stocks with a small amount of money.
- Wealthfront – Wealthfront is a robo-advisor that creates and manages a diversified portfolio of ETFs based on your risk tolerance and investment goals.
- TD Ameritrade – TD Ameritrade is a popular brokerage firm that offers a range of investing tools and resources, including commission-free trading.
- ETRADE – ETRADE is another popular brokerage firm that offers commission-free trading and a range of investing tools and resources.
- Fidelity – Fidelity is a well-known brokerage firm that offers commission-free trading and a range of investment options, including mutual funds, ETFs, and stocks.
- Charles Schwab – Charles Schwab is a full-service brokerage firm that offers commission-free trading, a range of investment options, and access to financial advisors.
Whether you’re a beginner investor looking to invest a small amount of money or an experienced investor looking for more advanced features, these investing apps have something to offer. Choose the one that best suits your needs and start building your investment portfolio today!