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The 5 Best Investment Apps (2023) trade stocks quickly

Choose from these appraised investment applications that cater to a variety of customer preferences.

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Best Investment Apps

Are you seeking the finest investment apps to regain control over your financial life? A reliable finance app helps with everyday jobs and makes it easy to move money into investment accounts. It also keeps track of spending and lets you trade stocks quickly. These flexible features have helped financial apps become more and more popular.

We’ve put together a list of the best investment apps to help you keep track of your money and make smart purchases. These apps put user happiness first. They have great ways to help customers and get good reviews in mobile app stores. Also, our research took into account the costs of investing, account fees, and the minimum amount of money that had to be invested.

Best Investment Apps Comparison Table

PlatformWeb, iOS, AndroidWeb, iOS, AndroidWeb, iOS, AndroidWeb, iOS, AndroidWeb, iOS, Android
Fees0.25%-0.40% annually$1 per month$1, $3, or $5 per month$0Varies
FeaturesAutomated investing, goal-based tools, tax-efficient optionsCommission-free trades, fractional sharesAutomated investing, round-ups, custom portfoliosCommission-free trades, options trading, cryptocurrency tradingComprehensive investment options, research tools
MinimumNo minimumNo minimumNo minimumNo minimumNo minimum
AccountIndividual, joint, trust, traditional IRA, Roth IRAIndividualIndividualIndividualIndividual, joint, trust, traditional IRA, Roth IRA
SecuritySIPC insured, two-factor authenticationSIPC insured, two-factor authenticationSIPC insured, two-factor authenticationSIPC insured, two-factor authenticationSIPC insured, two-factor authentication
Download LinkDownload NowDownload NowDownload NowDownload NowDownload Now

1. Betterment

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Best Investment Apps
Robo-advisingAutomated investment management based on user preferences
Goal-basedAbility to set and track financial goals
Tax-efficientStrategies to minimize tax impact on investments
Portfolio rebalancingRegular adjustments to maintain desired asset allocation
DiversifiedBroad range of investment options across asset classes

Betterment is currently one of the most prominent and widely used automated financial counselors, and for good reason. The app offers professionally managed portfolios that are constructed using a variety of ETFs.

These portfolios are tailored to your individual risk tolerance as well as the time when you will require the money. Betterment is capable of developing socially responsible portfolios that have an emphasis on climate change or social effect.

The Good

  1. Easy-to-use platform
  2. Goal-oriented investing
  3. Tax optimization strategies
  4. Automatic portfolio rebalancing
  5. Diversified investment options

The Bad

  1. Limited customization options
  2. Higher fees compared to some competitors
  3. No direct trading or individual stock investing

2. Investr

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Best Investment Apps
Social investingAbility to see and follow the investments of other users
Portfolio trackingReal-time monitoring of investment performance
Research toolsAccess to market data, news, and analysis
Fractional investingOption to buy fractional shares of stocks or ETFs
Educational resourcesLearning materials for investors and traders

Invstr is an app that combines learning, real-life investment, and community into a single package. Its primary goal is to provide novice investors with a fun and easy entry point into the stock market, particularly for those who enjoy playing games.

The Good

  1. Social investing community
  2. Real-time portfolio tracking
  3. Research tools for market insights
  4. Fractional investing for affordability
  5. Educational resources for learning

The Bad

  1. Limited investment options
  2. Lack of advanced trading features
  3. Higher fees for certain services

3. Acorns

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Best Investment Apps
Round-up investingInvests spare change from everyday purchases
Automated savingsRecurring transfers to grow savings effortlessly
Portfolio diversificationInvestments across various asset classes
Found MoneyCash-back rewards invested directly into the account
IRA accountsOption to open and contribute to individual retirement accounts

Acorns is a financial app that lets you use a robo-advisor, individual retirement accounts (IRAs), and even a savings account. It made our list because it’s a good choice for new users who want to start small with micro-investing.

Micro-investing is just putting small amounts of money into the market over and over again, so that your payments add up over time. It’s a good plan for people who are new to investment and want to try it out before going all in.

The Good

  1. Easy way to invest spare change
  2. Automated savings feature
  3. Diversified portfolio allocation
  4. Cash-back rewards program
  5. IRA account options

The Bad

  1. Limited control over investment selection
  2. Fees can be relatively high for small balances
  3. No direct stock trading functionality

4. Robinhood

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Best Investment Apps
Commission-free tradingNo fees for buying and selling stocks, ETFs, and options
Fractional sharesAbility to buy and sell fractional shares of stocks
Cryptocurrency tradingAccess to a variety of cryptocurrencies for trading
Robinhood GoldPremium subscription for additional features and margin trading
User-friendly interfaceSimplified and intuitive platform design

Robinhood was the first investing app to let users buy and sell stocks without having to pay a fee. This led many other brokerages to follow suit. Like the other apps on this list, there is no minimum to open an account with Robinhood, and there is also no minimum to start trading.

Investors can easily trade stocks, options, ETFs, and cryptocurrencies, but it doesn’t have mutual funds or bonds. If you want to diversify your account, you may need to use a different investing app. Robinhood does not currently offer tax-advantaged retirement accounts, so users will also have to look elsewhere for IRAs.

The Good

  1. Commission-free trading
  2. Fractional share investing
  3. Cryptocurrency trading
  4. Robinhood Gold membership options
  5. User-friendly interface

The Bad

  1. Limited research and analysis tools
  2. Customer support can be slow
  3. Outages and technical issues have occurred in the past

5. Fidelity

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Best Investment Apps
Wide range of investmentsExtensive selection of stocks, bonds, funds, and more
Research and analysisTools and reports for in-depth investment research
Retirement planningIRA and 401(k) accounts with planning and guidance
Active trader platformAdvanced trading tools for frequent traders
Investor educationResources and webinars for learning about investing

Fidelity is one of the most well-known names in the business because it has a strong trade platform and fees that are surprisingly low.

The site is great as a full-service broker because it has a wide range of assets that can be invested in and is easy to use. According to a recent study of Americans who buy and sell stocks often, Fidelity is also the most popular investment app.

The Good

  1. Diverse investment options
  2. Robust research and analysis tools
  3. Comprehensive retirement planning services
  4. Advanced trading platform for active traders
  5. Extensive investor education resources

The Bad

  1. Higher fees for certain services
  2. Complex platform interface for beginners
  3. Customer service can be inconsistent


Q: Are investment apps safe to use?

A: Most trustworthy investment apps put the safety of their users’ money and details first. They use encryption, two-factor authentication, and secure socket layer (SSL) technology, among other security steps, to keep user data safe. But it’s important to remember that no system is 100% safe from security problems. Use strong, unique passwords, turn on two-factor authentication, and watch out for phishing attempts and other strange behavior to improve your safety.

Q: Do investment apps charge fees?

A: Fees for investment tools can be different. Some apps charge a fee for each deal or transaction, while others may work on a subscription basis or charge a percentage of your assets under management (AUM). Also, some apps have “premium” levels that cost more but have more features. Before you use an investment app, you should carefully look at its fee structure to make sure you understand the costs and that they fit with the way you spend.

Q: Can I invest in different types of assets through investment apps?

A: Yes, a lot of financial apps let you do more than just buy stocks. Depending on the app, you may be able to buy in ETFs, mutual funds, bonds, options, and even cryptocurrencies. But different apps may not offer the same kinds of investments, so it’s important to do research and make sure that the app you choose covers the asset classes you’re interested in.

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