Investing in stocks can be a lucrative way to grow your wealth, but it can also be daunting for beginners. Fortunately, with the rise of investment apps, trading stocks has become more accessible and convenient than ever before. These apps allow you to manage your portfolio and buy or sell investments via mobile app. Here are NerdWallet's picks for the best investment apps to help you get started on your investing journey.
For those just getting started with investing, picking the right investment app is second only to choosing investments for your portfolio. The best investment apps are user-friendly, offer a variety of investment options, have low fees, and provide educational resources. NerdWallet's top pick for beginners is SoFi Invest, which offers commission-free trades, no account minimums, and a variety of investment options.
If you're looking for an investment app that can provide you with market analysis and expert insights, the CNBC Investing Club with Jim Cramer is a great choice. This app gives investors behind-the-scenes market analysis from the host of Mad Money, and offers a community of like-minded investors to discuss ideas and strategies with.
We compared account minimums, investment offerings, fees, mobile app ratings, and more to come up with our list of the best investment apps. In addition to SoFi Invest, we also recommend Robinhood for commission-free trading, Stash for personalized investment recommendations, and Acorns for automated investing.
Trading stocks requires intel and expertise in order to make a profit. There are many applications that one can use to trade stocks, but it's important to choose an app that offers the right tools and resources to help you make informed decisions. TD Ameritrade is a great choice for active traders, as it offers a variety of trading platforms and tools, as well as access to educational resources and market analysis.
Until recently, the idea of managing stocks and shares from your mobile device – in effect, having a dealing room in your pocket – would have been unthinkable. But with the rise of investment apps, this is now a reality. The best investment apps make it easy to manage your portfolio, research investment opportunities, and buy and sell investments on the go.
Here are our latest picks for the best investment apps. Check out these top-rated apps that let you trade stocks, manage your finances, and grow your wealth with ease:
- SoFi Invest (best for beginners)
- Robinhood (best for commission-free trading)
- Stash (best for personalized investment recommendations)
- Acorns (best for automated investing)
- TD Ameritrade (best for active trading)
In conclusion, investing in stocks can be a great way to grow your wealth, but it's important to choose the right investment app to help you achieve your financial goals. By considering factors such as fees, investment offerings, and educational resources, you can find an investment app that meets your needs and helps you succeed in the stock market.