New to investing? Not sure which app is the best for you? Look no further. Here are 8 of the best investing apps for new investors.
Robinhood is the most popular investing app out there and it’s perfect for new investors. It offers commission-free trading on stocks, ETFs, as well as options and cryptocurrency. It’s also incredibly user-friendly with its modern interface and easy-to-navigate menus.
Betterment is the perfect app for automated investing. It takes the guesswork out of investing by using algorithms to create the perfect portfolio for you, and then automatically rebalances it as the markets fluctuate. Betterment also offers great customer service and access to financial advisors, making it a great choice for new investors.
Acorns is a great app for new investors who need to save money. It invests your spare change by automatically rounding up your purchases to the nearest dollar and investing the difference. It’s a great way to start investing without having to commit a lot of money.
Wealthbase is the best app for trading. It offers access to a wide range of financial markets, so you can invest in stocks, ETFs, options, and much more. It also offers real-time price quotes and news, making it a great choice for experienced traders.
Invstr is a great app for beginner investors who need to educate themselves. It offers a range of tutorials, videos and articles to help new investors learn the basics of investing. It also offers access to a community of fellow investors, so you can ask questions and get advice from experienced investors.
Google Pay, Venmo, PayPal, Zelle, and MetaPay are all great apps for electronic money transfers. They allow you to quickly and easily send money to family and friends, as well as make payments to businesses. They also offer great interest rates, so you can earn money while you save or invest.
Marcus is a relatively new app-based consumer financial service, backed by invest banking giant Goldman Sachs. It offers a range of services, from savings and invest to loans and credit cards. It’s perfect for anyone who wants to access financial services from a trusted source.
If you need investing help, there are plenty of resources available, including investing apps and financial advisors. But these resources can be expensive, so if you’re looking for a more affordable option, check out Robinhood, Betterment, Acorns, Wealthbase, Invstr, Google Pay, Venmo, PayPal, Zelle, MetaPay and Marcus.
For those new to the investing scene, a Roth IRA is a great place to start. It offers tax-free growth and withdrawals, so you can watch your money grow without having to worry about paying taxes on it.
Finally, if you’re looking for a more ethical way to invest, there are a number of impact investing apps, such as Bloom and Kwala, that focus on environmentally and socially responsible invest.
No matter what type of investing you want to do, there’s an app out there that’s perfect for you. From commission-free stock trading to automated portfolios and electronic money transfers, these 8 apps will help you get started investing in no time.