2024Â Best Investment Apps and Stock Trading Platforms? Here, we will talk about the best investment apps for beginners, experienced traders, trading enthusiasts, and mobile users.
The best investment apps list are as follows:
BEGINNERS
- Robinhood
- Acorns
- Stash
EXPERIENCED
- E*TRADE
- TD Ameritrade
- Fidelity
ENTHUSIASTS
- Webull
- Ally Invest
- Interactive Brokers
MOBILE USERS
- Stockpile
- M1 Finance
- Wealthfront
When it comes to finding the best apps for stock investing, there are many choices. So, searching for the best investment apps is really a big struggle.
For those taking their first steps into the world of investing, it’s essential to find the best investment apps for beginners. These apps usually make it easy to start investing and build your investment portfolio.
Experienced traders, on the other hand, demand more advanced features and trading tools.Â
In this guide, we’ll talk about the best online investment apps, free investment apps, and the best mobile trading app options available.
KEY TAKEAWAYS
- The best investment apps make investing accessible to all.
- Investing apps must offer a variety of investment options.
- Apps that allow you to buy fractional shares make it easier to invest.
- Choose apps that provide educational resources.
- Select apps with low fees or commission-free trading.
- Apps that offer automated features can simplify your investment strategy.
- Find apps that offer responsive customer support to assist you.
- Consider apps that offer tax optimization features.
- Look for apps that allow you to customize your investment strategy.
- Ensure that the app is regulated by relevant financial authorities.
2024 Best Investment Apps and Stock Trading Platforms
Finding the 2024 best investment apps and stock trading platforms, the best stock investment apps, the best app for automated investing, and the best app for saving is a big step toward achieving your financial goals.
Sometimes investing can seem to be a difficult task, especially for one who is just a beginner. But now so many investment apps and stock trading platforms are available in the market. To get started it’s become easier than ever.
You just need to choose the best investment app, out of various top investment apps considering your needs and comparing the different options available.
In this article, we will walk through some of the best investment apps and stock trading apps on the market.Â
For Beginners: Best Investment Apps
The best investment apps and stock trading platforms for beginners must be simple to use. And should teach users about how investing can be done. This helps beginners feel very much comfortable and confident when they start their investing journey.
Best stock market app for beginners should focus on building financial literacy.
Investment apps for beginners should help people learn about money and investing.Â
They should also give people guidance and make investing easy. By doing these things, investment apps can help beginners make smart investment choices and build a strong financial future.
Robinhood
Robinhood comes under the category of best investment apps or mobile trading apps. It is known for its commission-free trading and user-friendly interface.
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Account Minimum
$0 ($1 for fractional shares; $2,000 for margin trading through Robinhood Gold)
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Fees
0% ($5/month for Robinhood Gold)
Shape your financial future with Robinhood. Get your first stock free by signing up.
It is a very famous and popular app that is easy to use and doesn’t charge any fees when you buy or sell stocks, ETFs, and crypto.
It’s the best investment app for people who are new or looking forward to starting investing because it makes it much easier to buy and sell different types of investments.
Robinhood also has educational resources to help beginners learn about the basics of investing.
Main features
- Commission-free trading: Robinhood does not charge any fees.
- Simple interface: The Robinhood app is very easy to use even if you’re new to investing.
- Fractional Shares: You can buy parts of expensive stocks.
- Cryptocurrency: Robinhood also lets you buy and sell digital currencies like Bitcoin.
- Simple Charts: They show you graphs that help you understand how your investments are doing.
- Notifications: You get alerts about important things happening with your investments.
- Cash Card: They offer a debit card you can use with your account.
- Educational Content: They provide information to help you learn more about investing.
- Free Stock: Sometimes, they give you free stocks as a bonus.
Acorns
Acorns is the best app for investing in stocks for beginners who want to start investing with small amounts of money. This investment app rounds up your everyday purchases to the nearest dollar and invests the spare change in a diversified portfolio.Â
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Account Minimum
$0 ($5 to start investing)
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Fees
Monthly plans start at $3 for Personal, $5 for Personal Plus, and $9 for Premium
Acorns helps in saving & investing. Invest spare change, bank smarter, earn bonus investments, and more!
It is a micro-investing app that makes it easy to invest small amounts of money on a regular basis.Â
This micro-investment approach can be a great way to start building wealth without feeling overwhelmed. It’s a small and easy way to begin growing your money without feeling like it’s too much to handle.
Acorns are a simple way to start saving and investing, even if you don’t have a lot of money to start with.
Main features
- Automatic Savings: Acorns helps you save small amounts of money regularly.
- Invest Spare Change: It invests your spare change from everyday purchases.
- Diversified Portfolios: Your money is invested in a mix of stocks and bonds to spread risk.
- User-Friendly: The app is easy to use and great for beginners.
- Round-Ups: It rounds up your purchases to the nearest dollar and invests the extra change.
- Set Goals: You can set financial goals like saving for a vacation or retirement.
- Found Money: Acorns partners with brands to give you cash back for shopping.
- Education: They offer tips and articles to help you learn about money.
- Security: Your money and information are protected with bank-level security.
- Low Fees: Acorns charges a fee of just $3 per month for its basic account.
Stash
Stash is a mobile investing app that makes it easy for beginners to invest. It offers a variety of features that are designed to make investing accessible and affordable.
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Account Minimum
$0 (though managed Smart Portfolios require $5 to get started)
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Fees
Charges $3 or $9 a month. (depending on services and account types)
Stash, the investing app helping over 6M Americans invest and save for the future.
It is another user-friendly investment app that’s perfect for beginners. It offers a range of investment options and provides guidance based on your financial goals and risk tolerance.Â
Stash makes investing and saving money simple and accessible, even if you’re just starting out.
Main features
- Investing Made Easy: Stash helps you invest your money, even if you’re new to investing.
- Fractional Shares: You can buy parts of expensive stocks for as little as $5.
- Smart Portfolios: They suggest investments based on your interests and goals.
- Learn as You Go: Stash provides tips and articles to help you understand investing.
- Automatic Saving: You can set it to save money for you regularly.
- Banking Services: They offer a debit card and a savings account.
- No Minimums: You can start with a small amount of money.
- Educational Content: Stash helps you learn about money and investing.
- Security: Your data and money are kept safe with encryption.
- Stash Learn: They have a section for financial education.
This app also provides educational content to help users make informed investment decisions.
For Experienced Traders: 2024 Best Investment Apps and Stock Trading Platforms
The best investment apps for experienced traders should boast advanced charting capabilities with a wide array of technical indicators and drawing tools for in-depth analysis.Â
They must provide access to real-time market data, ensuring traders are well informed about market movements at all times. Supporting multiple asset classes, such as stocks, bonds, options, and cryptocurrencies, is vital for diversification and flexibility in trading strategies.Â
These apps should offer advanced order types, risk management tools, and algorithmic trading support to cater to the complex needs of seasoned traders.Â
E*TRADE
E*TRADE is a powerhouse for experienced traders, offering a wide range of investment options and advanced trading tools.
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Account Minimum
$0
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Fees
No commission for stock/ETF trades. Options are $0.50-$0.65 per contract, depending on trading volume.
E*TRADE, make it easy to trade stocks, bonds, ETFs, mutual funds, and more.
The investing app is one of the most popular mobile stock trading apps on the market that allows users to trade from anywhere in the world. It is known for its user-friendly interface and wide range of features.
It’s also known for its research and analysis capabilities, making it an excellent choice for those who want to dive deep into market data. The app offers users access to a variety of research reports from leading financial analysts.Â
The investing app also provides educational resources to help them learn more about investing and trading.
This investing app falls under the category of best investment apps. Because it is a powerful and versatile mobile trading platform that is suitable for both beginner and experienced traders.Â
Main features
- Buy and Sell Stocks: E*TRADE lets you buy and sell shares in companies (stocks).
- User-Friendly: It’s easy to use, even if you’re new to investing.
- Research Tools: You can find information and research on stocks and markets.
- Real-Time Data: Get up-to-the-minute updates on stock prices and market trends.
- Custom Watchlists: Create lists of stocks to keep an eye on.
- Portfolio Management: Track how your investments are doing in one place.
- Options Trading: You can trade more than just stocks, like options.
- Mobile Check Deposit: Deposit paper checks with your phone.
- Retirement Accounts: E*TRADE offers retirement savings accounts.
- Customer Support: They provide help and support if you have questions.
TD Ameritrade
TD Ameritrade is a good app for both new and experienced investors. It offers different ways to trade, including thinkorswim, which is known for its good charts and analysis tools.Â
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Account Minimum
$0
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Fees
$0.00 for equities/ETFs. $0.65 per contract for options. Futures $2.25 per contract
The best online broker for online stock trading, long-term investing, and retirement planning.
It is one of the most popular mobile stock trading apps on the market. TD Ameritrade also provides a wealth of research and educational resources.
The TD Ameritrade app is also known for its strong customer service. It offers 24/7 customer support via phone, chat, and email.
TD Ameritrade’s app is a tool for buying, selling, and managing your investments, with features for both beginners and more experienced traders.
Main features
- User-Friendly: It’s easy to use, whether you’re a beginner or an experienced investor.
- Research Tools: You can find information and research on stocks and investments.
- Thinkorswim: It includes a powerful trading platform called Thinkorswim for advanced traders.
- PaperMoney: Practice trading without using real money to learn how it works.
- Mobile Check Deposit: You can deposit paper checks using your phone.
- Education Centre: They provide resources to help you learn about investing.
- Customization: Personalize your dashboard and watchlists.
- Security: TD Ameritrade uses strong security measures to protect your account.
- Customer Support: If you have questions, they offer support through phone and chat.
Fidelity
The Fidelity app is a mobile trading and investment platform that allows users to trade stocks, ETFs, mutual funds, and options, as well as manage their money and track their financial goals.Â
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Account Minimum
$0
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Fees
$0 for stock/ETF trades, $0 plus $0.65/contract for options trade
Make smart investing with the help of tools by fidelity. Access to a broad range of investments, expert insights.
Fidelity is a well-established brokerage that offers a comprehensive investment app. It’s known for its robust research and analysis tools, making it a top choice for active traders.
It offers a variety of features for managing your money, including bill pay, check deposit, money transfer, budgeting tools, and retirement planning tools.
Main features
- Investing in Stocks: Fidelity allows you to buy and sell shares of companies (stocks).
- User-Friendly: It’s designed to be easy to use, even if you’re new to investing.
- Research Tools: You can access information and research on stocks and investments.
- Portfolio Management: The app helps you keep track of your investments in one place.
- Retirement Accounts: Fidelity offers retirement savings accounts like IRAs.
- Education: They provide resources to help you learn more about investing.
- Customization: You can personalize your account and watchlists.
- Security: Fidelity uses strong security measures to protect your account and information.
- Customer Support: If you have questions, they offer support through various channels.
For Trading Enthusiasts: Best Investment Apps and Stock Trading Platforms
The best investment apps and stock trading platforms for trading enthusiasts should prioritize user-friendliness, ensuring that even those new to trading can navigate the app with ease.Â
They should offer real-time market data and a wide range of assets, allowing enthusiasts to stay informed and explore diverse trading opportunities.Â
Advanced charting tools and access to educational resources should be available to aid enthusiasts in improving their trading skills and conducting effective analyses.Â
Cost-effective pricing structures, including low or no commissions, help enthusiasts optimize their trading costs.Â
Finally, strong security measures and regulatory compliance are crucial to instilling trust and confidence in users and safeguarding their accounts and financial information.
Ally Invest
Ally Invest is known for its low-cost trading and user-friendly platform. It’s a great option for traders who want access to a variety of asset classes, including stocks, options, and fixed-income securities.Â
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Account Minimum
$0
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Fees
$0 stock trades, $0.50 per contract for options trades
Manage your own portfolio, you can start trading stocks and ETFs for $0 commissions with no account minimums.
This app for investing in stocks is a user-friendly investment app that helps you buy and sell things like stocks, which are tiny pieces of big companies, and bonds, which are like loans you give to companies or the government.Â
It’s a bit like a digital piggy bank for your money, where you can watch it grow by investing in these things.Â
Ally Invest doesn’t charge you extra fees for trading, so you can keep more of your money. Plus, it gives you tools to keep an eye on how your investments are doing, so you can make smart decisions with your savings.Â
It’s like having a helpful friend to guide you in growing your money. Ally Invest also provides excellent customer service and educational resources.
Main features
- User-Friendly: It’s designed to be easy to use, even for beginners.
- No Commissions: They don’t charge extra fees for trading.
- Options Trading: You can also trade options, which are financial contracts.
- Research Tools: Access information and research on stocks and investments.
- Portfolio Management: Keep track of your investments in one place.
- Mobile Check Deposit: Deposit paper checks using your phone.
- Customer Support: They provide help and support if you have questions.
Webull
Webull’s is a dynamic trading app designed for active traders. It offers commission-free trading of stocks, options, and cryptocurrencies. This app is a platform for buying, selling, and managing investments.
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Account Minimum
$0
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Fees
$0 commissions for stock, ETF, options, and cryptocurrency trading
Seamlessly trade and manage your investments across mobile, web, and desktop.
It is a well-known and highly regarded trading app that has gained popularity for its user-friendly interface and a wide range of features designed to cater to both novice and experienced traders.
Webull’s trading platform includes advanced charting tools, technical indicators, and extended trading hours, making it a go-to choice for those who want to capitalize on market volatility.
Main features
- Stock Trading: Webull lets you buy and sell shares of companies (stocks).
- User-Friendly: It’s designed to be easy to use, even for new investors.
- Real-Time Data: Get updates on stock prices and market trends as they happen.
- Paper Trading: You can practice trading without using real money to learn how it works.
- Advanced Charts: Access detailed charts and tools for technical analysis.
- No Commissions: They don’t charge you extra fees for trading.
- Extended Hours: You can trade before and after regular market hours.
- Crypto Trading: Webull also allows you to buy and sell cryptocurrencies.
- Alerts: Set up notifications to stay informed about your investments.
- Customer Support: If you have questions, they provide help and support.
Interactive Brokers
Interactive Brokers is a powerful platform for professional and advanced traders. It offers access to a wide range of global markets and provides advanced trading tools and research. While it may have a steeper learning curve, it’s an excellent choice for those seeking high-level trading capabilities.
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Account Minimum
$0.00
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Fees
$0.00 commissions for equities/ETFs available on IBKR’s TWS Lite. $0.65 per contract for options on TWS Lite; $0.85 per contract for futures.
Leading online trading solutions for traders, investors and advisors, with direct global access to stocks, options, futures, currencies, bonds and funds.
IB is a mobile trading app for investment. It’s like a special tool on your phone that helps you with buying and selling investments, like stocks and bonds.
Imagine you have a collection of trading cards, and you want to trade them with others. Interactive Brokers is like your trading card app, but for investments.Â
You can use it to trade different kinds of investments, keep track of how they’re doing, and make decisions about your money, all from your mobile phone. It’s a handy way to invest and grow your savings.
Main features
- Advanced Tools: It offers tools for professional and experienced traders.
- Options Trading: You can trade options, which are financial contracts for buying and selling.
- Futures Trading: It supports trading futures contracts on various assets.
- Global Markets: Access markets worldwide to diversify your investments.
- Research and Analysis: Get information and tools for in-depth analysis.
- Portfolio Management: Keep track of your investments in one place.
- Risk Management: Advanced features to manage investment risks.
- Security: High-level security measures to protect your data and accounts.
For Mobile Users: Best Investment Apps and Stock Trading Platforms
The best investment apps and stock trading platforms for mobile users should prioritize mobile accessibility, providing a seamless and responsive experience across various devices, including smartphones and tablets.Â
They should feature user-friendly interfaces optimized for touch screens, ensuring ease of navigation and trading on smaller screens. Real-time data and alerts should be readily available to keep mobile users informed about market developments while on the go.Â
Quick and secure mobile trading execution is essential, allowing users to act swiftly on investment opportunities.Â
Stockpile
Stockpile is unique in that it allows users to buy and sell fractional shares of stock as gift cards. This makes it a convenient option for mobile users who want to invest in stocks without committing to a full share.
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Account Minimum
$0.00
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Fees
$0.00
Stockpile empowers families to invest in their future and learn by doing.
It is one of the best investment apps and a top mobile trading app. It’s like having a tiny bank in your phone for buying and selling stocks.Â
With this mobile trading app, you can easily invest your money in companies you like. It’s super user-friendly and lets you buy small pieces from big companies, even if you don’t have a lot of money to start.Â
It’s a great way to begin your investment journey right from your phone, making it one of the best options for people who want to start trading stocks.
Main features
- Buy Fractional Shares: Stockpile lets you buy small portions of expensive stocks.
- Gift Cards: You can buy and gift stock gift cards to others.
- User-Friendly: It’s designed to be easy to use, even for beginners.
- No Minimums: You can start with a small amount of money.
- Education: They provide resources to help you learn about investing.
- Custodial Accounts: Create accounts for kids to teach them about investing.
- Gift Registry: Create a registry for gifts of stock for special occasions.
M1 Finance
M1 Finance offers a mobile app with a unique approach to investing. Users can create custom portfolios, known as “Pies,” and the app automatically manages their investments based on their preferences. It’s a hands-off way to invest via mobile.
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Account Minimum
$100 ($500 minimum for retirement accounts)
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Fees
0%; $95 per year for M1 Plus
Powerful, automated tools for passive investing.
It is among the best investment apps, often considered one of the best trading apps, and a fantastic choice for mobile trading. It works like a super-smart money tool on your phone, making investing super easy.
When people search for the best investment apps or the best trading app, they often find M1 Finance because it’s awesome.Â
It lets you put your money into different things you like, just like choosing your favorite ice cream flavors. And the best part? You can do all of this on your phone, which makes it a top-notch mobile trading app.
Whether you have a little money or a lot, M1 Finance helps you invest smartly. So if you’re looking for the best investment app or a great mobile trading app, M1 Finance is a fantastic choice!
Main features
- Automated Investing: M1 Finance helps you invest money automatically.
- Custom Portfolios: You can create your own investment portfolio or choose from ready-made ones.
- Fractional Shares: Buy pieces of expensive stocks with as little as $1.
- Rebalancing: M1 automatically adjusts your portfolio to keep it in line with your goals.
- No Commissions: They don’t charge you extra fees for trading.
- Cash Management: Access banking features with a spending account.
- Retirement Accounts: M1 offers Individual Retirement Accounts (IRAs).
- User-Friendly: It’s designed to be easy to use, even for beginners.
- Borrowing: You can borrow against your investments if needed.
Wealthfront
Why Wealthfront come under the category of best investment apps? Becuase Wealthfrontis a robo-advisor app that offers a mobile-friendly interface. It uses algorithms to create and manage diversified portfolios for users, making it an excellent choice for those who prefer a hands-free investment approach.
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Account Minimum
$500
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Fees
0.25% for most accounts, no trading commission or fees for withdrawals, minimums, or transfers
Earn 4.80% APY on your cash, and invest for the long term with a diversified Automated Investing Account.
This online trading app simplifies investing by doing the heavy lifting for you. It’s a user-friendly app that can help you grow your money wisely and work towards your financial objectives without needing to be an expert in finance.
Wealthfront is a straightforward investing app with some key features that make it a great choice for growing your money:
Main features
- Automated Investing: Wealthfront helps you invest your money automatically.
- Diversified Portfolios: They spread your money across different investments for safety.
- Tax Optimization: It helps you minimize taxes on your investments.
- No Account Fees: Wealthfront doesn’t charge you extra fees for managing your account.
- Retirement Planning: You can plan for your retirement with their services.
- College Savings: They offer accounts to save for your child’s education.
- Cash Account: Access high-interest savings with their cash account.
- User-Friendly: It’s easy to use, even if you’re new to investing.
- Financial Planning: Wealthfront offers tools to help you plan your financial future.
Conclusion
The best investment app for you depends on your level of experience, trading style, and specific needs.Â
Whether you’re a beginner looking to dip your toes into investing or an experienced trader seeking advanced tools, there are the best investment apps out there to meet your requirements.Â
Evaluate your goals and preferences to choose the app that aligns best with your financial journey.
Disclaimer:Â The information for this written post has been taken from various sources on the internet. While we strive to provide accurate and reliable information, but cannot guarantee the accuracy or completeness of the information. Please use your discretion before making decisions or taking action based on that information. Therefore, any reliance you place on such information is strictly at your own risk.