The top investing apps allow you to buy, sell, and manage financial assets in an easy to use interface via mobile app. Easily compare the top investing apps below.
Acorns is best suited for: Individuals who struggle to find money to save and invest. Acorns is best known for their "round ups" feature which automatically "rounds up" your purchases to the nearest dollar amount and invests the spare change.
Stash is best suited for: Individuals looking to invest for the long term. Stash offers features such as an in house robo advisor, retirement accounts, and a stock back card making it an attractive investing app for those looking to build long term wealth.
Robinhood is best suited for: Individuals who want to invest without paying a brokerage commission. Robinhood was one of the first investing apps to offer zero commission investing, and now also offers additional financial services including a retirement option and a Cash Card rewards card.
Invstr is best suited for: Individuals who want to learn to invest smarter. Invstr has a focus on investing education in addition to the ability to invest in financial assets through the app. The app does this through their Invstr Academy, teaching partnerships, and more.
Acorns is best suited for: Individuals who struggle to find money to save and invest. Acorns is best known for their "round ups" feature which automatically "rounds up" your purchases to the nearest dollar amount and invests the spare change.
Stash is best suited for: Individuals looking to invest for the long term. Stash offers features such as an in house robo advisor, retirement accounts, and a stock back card making it an attractive investing app for those looking to build long term wealth.
Robinhood is best suited for: Individuals who want to invest without paying a brokerage commission. Robinhood was one of the first investing apps to offer zero commission investing, and now also offers additional financial services including a retirement option and a Cash Card rewards card. .
Invstr is best suited for: Individuals who want to learn to invest smarter. Invstr has a focus on investing education in addition to the ability to invest in financial assets through the app. The app does this through their Invstr Academy, teaching partnerships, and more.
In general, investing apps are safe. Reputable investing apps have strong security measures and the cash held within the app is typically FDIC or SPIC insured. It is important to note that once you take the cash in your account, and place it in an investment, it is no longer insured as investments are subject to losses and not covered by insurance.
Are investing apps worth it?
Yes, investing apps are worth it. Investing apps offer a convenient way to invest on your mobile device, and can help you learn how to invest. Most investing apps are not full service brokerages, but are a good place to start if you are looking for something that is easy to use.
How do you open an account?
Opening an account through an investing app is pretty straightforward. Simply download the app and go through the sign up process. The process can vary from app to app, but in general expect to provide the following: name, address, date of birth, social security number, annual income, investing goals, and risk tolerance.