Investing 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 for beginners:
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SoFi Invest: SoFi Invest is a popular choice among beginners, offering commission-free stock and ETF trades, as well as no advisory or subscription fees.
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Ally Invest: Ally Invest provides a user-friendly platform with a wide range of investment options, including stocks, ETFs, and options. They also offer commission-free trades.
Acorns Invest: Acorns Invest is ideal for those looking to start investing with small amounts. The app automatically rounds up your purchases and invests the spare change.
TD Ameritrade: TD Ameritrade offers a comprehensive investment platform with a wide range of investment options, including stocks, ETFs, options, and mutual funds.
Public: Public is a social investing app that allows users to follow other investors and see their portfolios. It offers commission-free trades and fractional shares.
Robinhood: Robinhood is known for its commission-free trades and user-friendly interface. It also allows users to trade cryptocurrencies like BTC, ETH, and DOGE.
Stockpile: Stockpile is a unique app that allows users to buy fractional shares of stocks and ETFs. It is a great option for those looking to invest with small amounts.
After analyzing hundreds of data points and conducting rigorous app trials, Forbes Advisor has determined the best investment apps for a seamless investing experience. These top investment apps include:
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Robinhood: Choose Robinhood for commission-free options, low-margin rates, and the ability to trade popular cryptocurrencies.
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Acorns: Acorns is a great choice for beginners looking to invest spare change. The app rounds up your purchases and invests the difference.
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Fidelity: Fidelity offers a robust platform with a wide range of investment options, including stocks, ETFs, and mutual funds. They also provide in-depth research and educational resources.
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TD Ameritrade: TD Ameritrade provides an extensive range of investment options and a user-friendly platform. They also offer comprehensive research tools and educational resources.
The best stock trading apps offer commission-free trading, different account types, and user-friendly platforms. Our best free stock trading app picks include:
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Stash: Stash is a beginner-friendly app that offers fractional shares and personalized investment recommendations. It also provides educational content to help users make informed investment decisions.
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Robinhood: Robinhood is a popular choice for commission-free trading and a user-friendly interface. It also offers cryptocurrency trading options.
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Fidelity: Fidelity is a trusted brokerage that offers commission-free trades and a wide range of investment options. They also provide research tools and educational resources.
We've looked at the best investment trading apps in the UK for novices and more sophisticated investors and how to choose one to suit your needs. Some top investment apps in the UK include:
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Stash: Stash offers a user-friendly interface and personalized investment recommendations. It also provides educational content and is suitable for beginners.
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Robinhood: Robinhood is known for commission-free trading and a simple interface. It also offers cryptocurrency trading options.
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Fidelity: Fidelity is a highly regarded brokerage that offers commission-free trades and a wide range of investment options. They also provide research tools and educational resources.
The best investment apps for beginners in 2023 are:
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Stash: Stash is a beginner-friendly app that offers fractional shares and personalized investment recommendations.
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Robinhood: Robinhood is known for its user-friendly interface and commission-free trades. It also provides access to popular cryptocurrencies.
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Fidelity Bloom: Fidelity Bloom is a great choice for beginners, offering personalized investment recommendations based on your financial goals.
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Invstr: Invstr provides a virtual trading platform for beginners to practice investing without risking real money. It also offers educational resources.
SoFi Invest is one of the best apps for investing, with no advisory fees or subscription fees. Stock and ETF trades also don't charge fees. The app provides a user-friendly platform and offers a range of investment options.
The best brokerage accounts in our analysis included Fidelity, Charles Schwab, Interactive Brokers, E-Trade, Merrill Edge, Robinhood, and more. These brokerages offer a wide range of investment options, research tools, and user-friendly platforms.
