Best Investment Apps List
- Vanguard. Index funds are one of the easiest ways for new investors to get comfortable with the stock market. ...
- E-Trade. You might remember the talking baby commercials for E-Trade in the late 1990s. ...
- Wealthfront. ...
- Round. ...
- Ally Invest. ...
- Charles Schwab. ...
- SoFi Invest. ...
- Stash. ...
- Acorns. ...
- Robinhood. ...
Full Answer
Which is best apps for beginners Stock Investor?
Mar 28, 2022 · Best Stock Trading Apps of 2022 Best Overall: TD Ameritrade Mobile; Best for Beginners: Fidelity Investments; Best App for Options Trading: tastyworks; Best Robo-Trading App: E*TRADE Core Portfolios; Best App for Active Traders: InteractiveBrokers
What are the top stock trading apps?
Oct 06, 2021 · Beginner and intermediate investors alike can automate their investing using a robo-advisor app like Betterment, while the more seasoned investors can trade stocks and options with Robinhood. Our...
Which is the best investment trading app?
Mar 01, 2022 · While Spire provides indirect access to the full capabilities of investing behemoth Fidelity, Forbes Advisor’s top choice for best brokerage overall, …
What are the best investment apps for beginners?
Apr 07, 2022 · Best Stock App for Investors Fidelity’s mobile experience is cleanly designed, bug-free and delivers a phenomenal experience for investors. While active traders may be left wanting more, for the majority, Fidelity delivers, winning our award for No. 1 Investor App for the fifth year in a row. Read full review Pros Excellent mobile app for investors
What Is an Investment App?
An investment app is an application designed to let you trade or invest using just your phone or tablet.
How Much Money Do I Need to Invest with an Investment App?
Nearly all investment apps have no minimum balance requirements, letting you get started with just a few dollars. Keep an eye out for any requireme...
How Do I Open an Account with an Investment App?
You can generally open an investment account with an investment app simply by downloading the program from your app store of choice. Each platform...
What is stock trading app?
Stock trading apps are applications that can be downloaded on your mobile phone or tablet that allow you to trade stocks and manage your portfolio on the go anytime. These apps can be for infrequent investors or those who trade daily. The best stock trading apps are easy to use, have features to help you meet your trading goals, ...
What is WeBull app?
Webull is a technology-centric trading app that’s best for stock traders with at least some experience. Webull isn’t heavy on educational resources, but it’s filled with tons of useful features. Active and expert traders will enjoy advanced charting and optional add ons for advanced quote data.
Is tastyworks a good brokerage?
tastyworks isn’t a household name like some of the biggest brokerage firms, but that doesn’t mean it isn’t the best at what it does. Its app is ultra focused on options trading. While those are not exactly shares of stock, many options trade based on stock price movements, so tastyworks earns a mention on this list.
How much do investing apps cost?
Price is a big factor when choosing an investment app, so it’s crucial you know what you’re paying for. After all, any costs or fees you aren’t aware of can eat away at your investment earnings over time.
How do investing apps work?
Investing apps are a way to manage your portfolio and grow your wealth from anywhere.
Are investing apps safe?
Your money is protected in an investing app just as it is at any brokerage firm. If the brokerage goes under, your money is insured by the Securities Investor Protection Corporation (SIPC). The SIPC will cover up to $500,000 in investments.
How to pick the best investing app?
The best investing app for you will depend on your investment style. Do you want one that does the work for you, or would you rather be in control? Do you want a passive portfolio made up of lower risk funds, or would you rather build an active, riskier portfolio consisting of individual stocks?
Our methodology
Select analyzed over three dozen apps offered by robo-advisors, fintech start-ups, big banks and traditional brokerage firms. When ranking our top picks, we looked at the apps’ pricing (trading costs, minimums and account fees), mobile features, educational resources, user reviews and ratings.
What is the best trading platform for active investors?
Webull. Best for: Active investors who want a simple and user-friendly trading platform. Webull is a mobile-based stock trading platform that offers more features than most of its app-based rivals. Customers can trade stocks and options with no commissions whatsoever and no account minimums.
What is SOFI app?
In addition to its investment platform, the SoFi app also offers personal loans, mortgages, private student loans, credit cards, and high-yield savings accounts. iOS rating: 4.4/5 stars.
What is Ally Invest?
Ally Invest is more than just a trading app.
Is Fidelity a mobile app?
Fidelity is a highly-rated mobile app. For a non-app-based broker, this is impressive, especially when you consider the impact some of the disruptive "trading apps" have had on the industry. The app's trading platform is user friendly and highly customizable.
Is there a free stock trading app?
The major downside to using any free stock trading apps -- even those offered by best stock brokers -- is that you're never going to get as much functionality as you would with a desktop-based trading platform. Many apps don't have features like stock research and educational resources, even if the web-based versions of their platforms offer such features.
Best Overall Investment App
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Best Robo-Advisor Investment App
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Best Investment App for Cryptocurrency
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Best Investment App for Beginners
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Best Investment App for Experienced Investors
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Methodology
To determine the best investment apps, Forbes Advisor tracked more than 20 leading platforms, assessing hundreds of data points spanning five main categories: usability, fees, investment profile, trading ability and educational materials.
What Should You Look for When Choosing an Investment App?
If you’re looking for the best investment app, you may be new to the world of investing. That means you’ll want an easy-to-use platform with generous educational resources.
1. Robinhood – Investment & Trading, Commission-free
One of the best mobile apps to invest in stocks, options, and funds, Robinhood is free from commissions and has no minimums. This investment mobile app for iPhone and Android also allows users to buy and sell Bitcoin- and Dogecoin-like cryptocurrencies using Robinhood Crypto.
2. Acorns – Invest Spare Change
One of the best investing apps for iOS and Android, Acorns allows you to get going in just minutes without any hassle. This mobile app is loved by investors like Blackrock, PayPal, Dwayne Johnson, CNBC, Jennifer Lopez, Steve Harvey, and Ashton Kutcher.
3. Stash: Invest, Bank, Save
A personal finance app, Stash has automated investing tools integrated for all the users to help them hit their investment goals. This investing mobile app also offers a bank account with the debit card, Stock-Back® Card to help you achieve rewards.
4. Coinbase Pro – Bitcoin & Crypto Trading
Yet another one of the best apps to invest and trade, Coinbase Pro is one of the most trusted mobile apps for cryptocurrencies. This, iOS and Android app to invest, is fast and full of features to keep you safe from potential threats.
5. Public – Invest in Stocks
Public – Invest in Stocks is one of the best investment mobile apps that can help you invest any amount of money you wish. This, Android and iOS app to invest in helping you to discover companies, follow other investors, and start investing from $1.
6. Stockpile – Stock Trading & Investing Made Simple
One of the best apps for stock trading, Stockpile has simplified investment tools to help users invest their money with ease. In just a few minutes an account can be set up and as little as $5 can be invested with this mobile application.
7. Webull: Investing & Trading. All Commission Free
Webull is one of the best investing apps for beginners and pro members. Here, trading Stocks, ETFs, and options are available at zero commission. This mobile app for investment has zero minimum deposit requirements.
What is the best app to invest in stocks?
Another one of the best stock investment apps is E-Trade. This app is known for the number of options it provides users. With thousands of stocks, options, mutual funds, and EFTs investors get the freedom they want to choose how their portfolio is set up. This is a great fit for investors who already have a little knowledge on the stock market and where they want to invest. Other features to keep in mind are as follows:
What is the best investment app for beginners?
Invstr is one of the best investment apps for beginners. This investing app is best known for its fantasy game-play that allows users to play with $1 million in fake cash to learn more about stocks. Invstr is a great option for anyone who wants experience managing a portfolio, before actually getting started.
What is the best app to learn investing?
Stash is one of the best apps for beginners hoping to learn the ropes of investing fast. The app mixes educational content and games to make financial topics easier to learn. Users can customize goals based on what they want to focus on, and can actively track their progress.
What is Wealthfront app?
Wealthfront is a hands-off investing app that allows you to grow your funds with the help of a robo-advisor. The app starts with a questionnaire about your financial goals and risk tolerance, before guiding you towards specific investment options. The app will then balance your portfolio as needed, charging a .25 percent account management fee. The minimum investment is $500, which can be steep compared to other apps on this list. However, this minimum is relatively low when compared to investment opportunities outside of the app store.
What is Acorns app?
Acorns is a great investment app for beginners. This app is especially useful if you want to bolster your savings and invest without even thinking about it. The app integrates with your credit or debit card and rounds up purchases to automatically add funds to an investment account. Acorns allows you to invest in EFTs and a few fractional shares in stocks. There are three tiers (lite, personal, and family) allowing users to add additional accounts for a premium rate. Other key features of the app include:
What is Charles Schwab app?
Charles Schwab is another well-known investment app for users of all experience levels. This app allows users to choose from a large investment selection, without worrying about transaction fees. Charles Scwab is popular among investors for its user-friendly mobile app and education resources. Other features of the app include:
What is stockpile app?
The aptly named Stockpile app allows users to purchase fractional shares of stocks to grow their financial portfolios. This app is commonly known for its gifting feature, that allows users to send gift cards for stock to friends and family. This can be a great way to ease someone new into investing. Other popular features of the app include:
Which is the best investment app for stock traders?
Charles Schwab. On a cost-by-cost basis, Charles Schwab is the best investment app for stock traders – whether aspiring or seasoned. The long-time broker offers zero-commission trades like most of its competitors, alongside zero account minimums or service fees. Even ETF trades are free.
What is SOFI app?
SoFi is a new player in the market of investment apps, but one that’s growing in popularity among college kids and new graduates. In addition to stock trading on a sleek app, SoFi throws in free career counseling – a benefit of its broader business as a student loan servicer.
What is round investment?
While other apps leverage the power of robo-investors, Round takes an active approach to managing portfolios. The app actually partners with real hedge fund investors to help investors manage their budding portfolios. While there are plenty of traditional investment options, Round broadens the scope of what assets can be traded on an investment app. The app opens the door to many alternative assets and strategies – including asset-backed securities, real estate and more.
What is a stash account?
Stash is an app that embodies its name. For a low $3 monthly rate, you can manage a checking account, brokerage account and retirement account all in the same place. If you feel like dropping $9 per month, that expands to include two custodial accounts, access to investing materials and a debit card.
What is Vanguard index fund?
Vanguard. Index funds are one of the easiest ways for new investors to get comfortable with the stock market. Vanguard is the world’s largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs). Vanguard’s app gives new investors access to these funds with minimal fees.
Is e-trade easy to use?
The message is as clear today as it was then: E-Trade is simple enough for anyone to use. Today, E-Trade has one of the best apps on the market for new investors to get familiar with trading. Not only does E-Trade give investors exposure to many investment options, there aren’t any commissions – no matter what you trade.
Is Wealthfront a good investment app?
Wealthfront is a carryover from our 2019 list, and for good reason: It’s the best investment app for “set it and forget it” investing. With all the automation tools Wealthfront provides, it’s easy to invest without spending hours at a time on the app.