Thanks for the investment app!
With the pressures of day-to-day life, it is often difficult to sit down and plan your investment.
Well, not anymore!
Thanks to a wave of new investment apps, you can plan your investment strategy to come to work during your lunch break or from the comfort of your home, with nothing more than your smartphone.
Even cooler, some of these apps are round to you and tell you what to invest, making your decision process super easy.
So, if these types of investment apps sound like something you’d like to use, read through the list, download an app that appeals to you the most, and take control of your financial future.
Here is a list of the 10 best investment apps:
10 Best Investment Apps
The list of investment apps and statistics mentioned below have been compiled from various sources around the web, such as Points Guy and the Balance.
These are the 10 best investment apps in 2020:
Fidelity’s investment app has received much positive reviews in the App Store, around 900k with an average star rating of 4.7 out of 5.
It allows you to easily set up, track and manage your investment from the comfort of your smartphone, tablet or smartwatch.
For example, you can view your portfolio, manage your orders, history, and transactions, and set customizable alerts received via push notifications.
On top of that, the app is compatible with Touch ID and Face ID for easy and secure login.
If you are a fan of Apple Watch, you can view market reports, receive push notifications for investment opportunities, and check the domestic and international markets in real time.
Also, something else to keep in mind when managing your finances is that if you are stuck with something, or you simply have a question, Fidelity provides support faster and easier to locate. You can call them from the app or contact them through various social media options.
9. M1 Finance
The next investment app to cut is the one from M1 Finance.
The overall UI and design of their app is really good. In the App Store, it has been rated more than eight thousand times and received an overall rating of 4.7 out of 5.
M1 Finance has an array of attractive features, including automatic deposits, commission-free investment and super easy tax reporting.
You can also set up direct debit, pay bills and integrate your checking account within the app.
Once you invest approximately $ 10,000, you will unlock a flexible low-cost portfolio line of credit.
They also offer a premium version, which includes features like 1.5% APY * and 1% cashback and 0.25% discount on the M1 borrow, as well as a second daily trading window.
The main drawback to using this app is that it does not have tax-loss harvesting facility. If it’s something you need, you’d be better off choosing one of the other investment apps from the list.
… E business
E-trade is coming at number eight.
With over 91 thousand ratings on the App Store and an overall rating of 4.7 out of 5, E-Trade is definitely a top contender in the world of investment apps.
If you have access to many investment options, then e-trade may be for you. You will have access to thousands of ETFs, stocks, futures, mutual funds, bonds, and more, plus a large portion of mutual funds are completely commission-free.
Along with all the trading options available at your fingertips, you will also be able to set up individual stock alerts and watch lists.
If you want to take more of an automated approach, you can choose their “e-trade core portfolio” option, and their robo team will provide you with relevant advice.
To get started, you will need a minimum balance of $ 5,000.
While technically not a full investment app, Mint is still one of the most well-known and recognized finance apps in the market.
Mint allows you to track your investment, but does not actively invest using the app.
It is more than a finance and budget application that lets you monitor all your investments in one place. However, we have included it in the list because it allows you to track your investments and we also think that they will add more investment features in the future.
It is completely free to open an account and is the perfect app to manage and track your finances, once you set everything up, that is, your investments are already in place.
Mint is available for iPhone, iPad, Apple Watch, Android, and most Windows Mobile devices.
Overall, the UI, design, and layout are great, so we would recommend using it to monitor your finances after setting all your investments.
It has a current rating of 4.7 out of 5 out of nearly half a million ratings on the App Store.
The stockpile lets you start investing with less than $ 5.
With over 30 thousand ratings on the App Store and an average rating of 4.7 out of 5, this app investment is making a huge edge in the app market.
Using Stockpile, you can buy and sell stocks just like any other investment app, but you can also buy more than 1,000 brand-name stocks and ETF shares, and gift single shares of stock Huh.
The application is marketed to families as well as individuals, meaning that children of any age can start learning to invest, as long as their parents set up a custodial account. This is actually a very good idea, as it makes a lot of fun and interesting investment for the younger generation.
Instead of children sitting in front of the television, parents can teach them about money and encourage them with stock gift cards to get started.
There is no monthly or annual fee using the stockpile and you can make a trade for 99 annual.
Stockpile uses 256-bit encryption to protect your data and protect your securities up to $ 500,000 dollars.
If you are just starting out in the world of investment, then the brand new investors were turned to.
Like the stockpile, you can start from under $ 5, and the app will help you choose an investment and educate you on the go.
The application is loaded with all types of trading and investment articles, tips and tricks, intended to help you understand how investing works. You can also participate in personal challenges and track your progress.
After downloading the application, you will be taken through a series of short questions to help you identify your goals. From there, the app will provide you with a list of ETFs and stocks that are best suited for your needs. It is up to you to actively select and manage those investments.
Similar to other investment applications on the list, you can buy fractional shares, and Stash allows you to select more than 110 individual stocks.
If you are under 25 years old, you can open a retirement account. Or, you can also open a Roth IRA for $ 1 – $ 2 per month.
The next investment app to make it on our list is Betterment.
Coined as one of the best apps for tax-efficient investing, Betterment was the first publicly available investment app to use a robo-advisor.
After an initial survey, Betterment will create a custom portfolio for you and automatically conduct tax-loss deductions on all accounts.
As an investor, you can choose from a digital portfolio or a premium portfolio. If you choose the premium option, you will receive guidance on certified financial planners and external investment accounts.
However, if you want to use the premium portfolio option, you will need a minimum account balance of $ 100,000.
If you are looking for the best investment app that does not include fees, then betterment is not for you, as their annual fees are 0.25% – 0.40% of what is in your account.
3. TD Amritrade
If you are a fan of little information and want to know as much as you can before investing, then this app may be for you.
It is packed with educational data and stock research, as well as videos that teach you a variety of different investment strategies.
As you would expect from an investment app, you can see a breakdown of your portfolio, check your investments and make new trades.
And, like many others on the list, you can set up alerts to inform new investment opportunities or breaking news.
The TD Ameritred mobile app is good for beginners and passive investors, as it provides a lot of advice and support.
On the other hand the TD Ameritrade Trader app is more suited for advanced and active investors as it contains more charts, technical information and analysis reports.
The application has received over twenty thousand ratings on the App Store and a current overall rating of 4.4 out of 5.
Are you looking for an investment app that is completely free?
Well, this is probably your best bet.
Opening a normal account inside the Robinhood app is 100% free and does not require much information or effort to get started.
The main features of the app focus on the trading stocks on your watch list or those you already have.
You are only able to use ETFs, stocks, options and cryptocurrencies, but are unable to use other investments such as mutual funds.
Robinhood offers a premium “gold” account, priced at $ 10 per month, that the app makes money from. With this premium version, you get access to extended-hour trading and margin trading, as well as a host of other features.
The design of the app was recognized by Apple in 2015 when it awarded Robinhood the Design Award.
Currently, Robinhood is rated 4.8 out of 5 in the App Store out of nearly eight lakh ratings.
Of all the investment apps on the market, Acorn is the best investment app in 2019 at the top of the tree.
If you’re completely new to the world of investing, and literally don’t have a clue about what you’re doing, download Acorn now because it provides you with a super simple solution to get you started .
After linking your bank accounts, Acorn will track your spending habits and “round up” all your purchases to the nearest dollar.
Then, it will transfer the difference to your acorn investment account and start investing.
So, it makes it super simple to find money to invest from your monthly budget and takes out all excuses. You can add more funds to your account whenever you want, manually or set up recurring payments once. But, if you let it do its job, it will automate the investment process for you.
You can set up an account for free and Acorn does not require a minimum account.
As of August 2019, Acorn has a rating of 4.7 out of 5 in the App Store out of nearly 450,000 ratings.
We hope you liked our list of the 10 best investment apps in 2019.
Whether you are just getting started, or are looking for a simple way to manage your investments, one of these investment apps should do the trick.
But, before you dive in, the bottom line is that you may have to spend some time figuring out which option is best for you.
Once you get on with it, and feel comfortable with what these apps offer, you can more or less make your investment on autopilot!
Here is a quick recap of the 10 best investment apps:
- Robin Hood
- TD Amritrade
- The store
- E business
- M1 Finance
- Allegiance to truth