Rankings as of Jun 16, 2023. Money is not a client of any investment adviser featured on this page. The information provided on this page is for informational purposes only.
In today's world, investing has become more accessible than ever before. With the rise of investment platforms, individuals can now invest in stocks, real estate, and other assets with just a few clicks. However, with so many options available, it can be challenging to choose the right platform. To make things easier, we have compiled a list of the top investment platforms to try in 2023.
-
Best for Social Trading: eToro
eToro is a social trading platform that allows users to copy the trades of successful investors. The platform has a user-friendly interface and offers a wide range of assets, including stocks, cryptocurrencies, and commodities. eToro also offers commission-free trading and a low minimum deposit of $50.
Best for Low Fees: Robinhood
Robinhood is a commission-free trading platform that is popular among millennials. The platform offers a wide range of assets, including stocks, options, and cryptocurrencies. Robinhood also offers a cash management account that offers a 0.30% APY on uninvested cash.
Best for Real Estate Investing: Fundrise
Fundrise is a real estate investment platform that allows individuals to invest in commercial real estate. The platform offers a low minimum investment of $500 and charges a low annual fee of 0.85%.
Best for Automated Investing: Wealthfront
Wealthfront is an automated investing platform that uses algorithms to create and manage investment portfolios. The platform offers a low minimum deposit of $500 and charges a low annual fee of 0.25%.
Best for ETFs: Vanguard
Vanguard is a well-known investment platform that offers a wide range of ETFs. The platform is known for its low fees and offers commission-free trading for Vanguard ETFs. Vanguard also offers a low minimum deposit of $1,000.
Best for Options Trading: TD Ameritrade
TD Ameritrade is a popular investment platform that offers a wide range of assets, including stocks, options, and futures. The platform offers advanced trading tools and a robust mobile app. TD Ameritrade also offers commission-free trading for stocks, ETFs, and options.
Best for Beginner Investors: Acorns
Acorns is an investment platform that allows users to invest their spare change. The platform rounds up users' purchases to the nearest dollar and invests the difference. Acorns also offers a low minimum deposit of $5 and charges a low annual fee of $1.
Best for Active Traders: Interactive Brokers
Interactive Brokers is a popular investment platform among active traders. The platform offers advanced trading tools and a wide range of assets, including stocks, options, and futures. Interactive Brokers also offers low fees and a low minimum deposit of $10,000.
Best for Robo-Advisors: Betterment
Betterment is a robo-advisor that uses algorithms to create and manage investment portfolios. The platform offers a low minimum deposit of $100 and charges a low annual fee of 0.25%. Betterment also offers a cash management account that offers a 0.30% APY on uninvested cash.
Best for International Investing: Fidelity
Fidelity is an investment platform that offers a wide range of assets, including stocks, bonds, and mutual funds. The platform is known for its international investing options and offers commission-free trading for stocks, ETFs, and options.
In the financial services industry, being able to say no to providers and switch to providers that better suit your needs is priceless. With these top investment platforms, individuals can choose the platform that best suits their investment needs and preferences. Research and compare the best online stock trading brokers of 2023. Benzinga rated the top stock trading brokers. Find out who made the cut.
