Looking to invest in stocks, cryptocurrencies, or something similar but don’t know where to start? There are plenty of apps to help. Whether you’re planning to invest a small amount or a large amount, there’s an app that can help.
Not only are these apps great for trading, but they also allow you to learn more about different companies and investment opportunities so you can make an informed decision before you spend a penny.
Now, you may be wondering which app is best for beginners. There are some great options available for both Android and iPhone users. Whether you have a Google Pixel 8 or an iPhone 15 Pro, you’ll find an app that’s right for you.
If you’re looking for more great financial apps, check out our picks for the best cryptocurrency apps and best stock trading apps.
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Stash is an innovative mobile application that simplifies investing in stocks, bonds, and exchange-traded funds (ETFs). With Stash, you can start investing with as little as $5, and you can even buy fractional shares. This means no minimum investment is required to get started.
One of the most exciting features of Stash is stockback cards. This unique feature provides rewards on your daily expenses that can be used to invest in your portfolio. You can earn money while you spend and invest it in your portfolio. This card makes it easy to build a portfolio passively without making additional investments.
Stash also provides a variety of tools and resources to help investors make informed decisions. Easily track your investments, monitor portfolio performance, and get personalized investment recommendations based on your financial goals and risk tolerance.
Overall, Stash is a user-friendly and accessible investment platform that allows anyone to invest in their future, even those on a tight budget.
Android iOS
robin hood
Robinhood is a commission-free investment platform that allows users to trade a variety of financial instruments, including stocks, ETFs, options, and cryptocurrencies. The service has a user-friendly interface and is easy to use for both beginners and experienced investors. Robinhood has a fractional share purchase feature that allows you to purchase a portion of a stock or ETF. In other words, you can invest in companies with high stock prices without spending a lot of money.
Robinhood also offers a variety of educational resources, including articles, videos, and more to help you learn about investment strategies, market trends, risk management, and more. This makes Robinhood an ideal platform for anyone wanting to learn about investing.
Android iOS
Fidelity Bloom
If you’re new to saving and investing, Fidelity Bloom is the perfect solution. The platform offers a user-friendly interface and many educational resources to help you learn about investing and financial management. Easily set financial goals, monitor your spending, and start saving for your future.
Fidelity Bloom has some unique features like nudges and challenges designed to motivate you to save and spend your money wisely. Nudges are personalized messages that offer suggestions to improve your financial habits, and Challenges are fun tasks that encourage you to save money or learn new financial concepts. The platform also incorporates behavioral science insights to help you make better financial decisions.
New Fidelity Bloom users can choose between two brokerage accounts: Save and Spend. You can quickly move funds between these accounts to reach your savings goals.
Android iOS
Investor
Invstr is a great app with lots of features to help beginners in investing. It has a large community, educational materials, and even a game where you can pretend to trade stocks. This game is useful because it allows you to learn about investing without having to bet real money.
Invstr also has other resources such as webinars, videos, and articles that cover everything you need to know about investing and make it easy to learn and increase your knowledge.
And perhaps the most notable thing about Invstr is that it also has a community of people who are passionate about investing. You can talk to them to get ideas and share your experiences. It’s like a community of people who want to help each other succeed in the stock market.
Android iOS
SoFi
SoFi is a great investment app that offers a variety of features that are especially suitable for novice investors. One of the key features that sets this apart is its built-in robo-advisor that helps you create a customized investment portfolio based on your financial goals and risk appetite. This tool allows you to make informed investment decisions based on your needs and preferences.
SoFi’s social trading feature is another unique feature that provides a great way to learn from other investors. The app also allows you to follow other investors, observe their buying and selling activity, and even reproduce their trades. This feature potentially allows you to emulate the strategies of successful investors and benefit from their expertise.
SoFi also provides a platform to share your investment ideas with others. This feature is useful for beginners who want to learn from others and get feedback on their investment ideas.
Android iOS
Acorn
If you’re new to investing and want to start small, Acorns could be the app for you. This is a micro-investing app that rounds up your purchase amount to the nearest dollar and automatically invests the difference. So you don’t have to worry about breaking the bank.
Getting started with Acorns is very easy and takes only a few minutes. Just link your bank account to the app and you’re ready to go. Acorn will start rounding up your purchases and before you know it, you’ll have a small investment portfolio to call your own.
The app is very user friendly and easy to operate. You can set up regular investments, monitor your portfolio, and withdraw your funds at any time. This app provides investment advice and guidance to help you make informed decisions.
Android iOS
public
If you want to learn more about investing, one of the best ways is to connect with experienced investors. This is where public apps come in handy. You can follow other investors’ investments to see what they are buying, which will help you make better informed decisions when trading on your own. Public provides a comprehensive list of articles, videos, and other educational resources to further support you.
Public is similar to other trading apps, allowing you to buy and sell a variety of stocks, cryptocurrencies, ETFs, and more. You can also purchase fractional shares and start investing with as little as $5.
Android iOS
green light
Teaching children about investing is very important, and the Greenlight app helps facilitate this learning process. The app primarily functions as a savings and household app, but it also allows parents and children to invest in stocks and other assets together. With thousands of stocks and ETFs available, users have access to a variety of investment options. The app’s fraction trading feature allows users to buy and sell stocks in small chunks, making it easy for even kids to get started with investing and saving in general.
The app is affordable and allows families to start investing with a low-cost membership. Overall, the Greenlight app is a great tool for teaching kids about investing. We provide a user-friendly platform for families to collaborate on their investment journey, making the process accessible and easy.
Android iOS
improvement
If you’re looking for an easy and stress-free way to invest your money, consider using Betterment, a robo-advisor app that helps you reach your financial goals. Betterment is a platform that combines advanced algorithms and human expertise to manage your portfolio and help you create a personalized investment plan tailored to your needs. With Betterment, you can quickly build a diverse portfolio that fits your risk tolerance, investment goals, and schedule.
Betterment’s user-friendly interface and intuitive design make investing easy and convenient. Easily track your progress and monitor your investments at home or on the go. Betterment also offers fractional investing. This means you can invest in a variety of stocks and bonds with just a small amount of money. Therefore, it is a perfect solution for people who are just starting to invest or who don’t have a lot of disposable income.
Android iOS
schwab mobile
Schwab Mobile is an advanced and easy-to-use application designed for stock trading. It was developed to provide users with a great trading experience that is easy to use and efficient. The trusted name of Charles Schwab powers this app, which features a comprehensive dashboard that provides real-time updates, breaking news, and easy-to-analyze price charts. Schwab Mobile allows users to easily trade stocks, ETFs, mutual funds, and more. The app also allows users to create custom watch lists to keep track of their favorite options and closely monitor their investments.
Schwab Mobile is also a great choice for new traders. The app provides access to a variety of investment guides, videos, and podcasts to help beginners learn about investing and make informed decisions.
Android iOS
Editor’s picks