These investing apps offer a range of services, from simple investing platforms to more sophisticated trading tools. Whether you’re a beginner or an experienced investor, there’s an app to suit your needs. Always be sure to do your research and find the app that best fits your financial goals and investing style.
1. Robinhood
Robinhood is one of the most popular investing apps, known for commission-free trading. It allows users to trade stocks, ETFs, options, and even cryptocurrency without paying fees. Robinhood’s simple, user-friendly interface makes it appealing to beginners, but it also has advanced tools for more experienced traders.
Best for: Beginners and casual investors.
Link: https://www.robinhood.com
2. E*TRADE
E*TRADE offers a wide variety of investment options, including stocks, bonds, mutual funds, and ETFs. Its platform is packed with tools for research, education, and market analysis. It’s known for its advanced charting and analysis tools, making it suitable for both beginners and more experienced investors.
Best for: Active traders and investors who need advanced tools.
Link: https://www.etrade.com
3. Fidelity
Fidelity provides a comprehensive suite of investment services, from retirement planning to wealth management. It offers low-cost trading and a wide variety of investment options. Fidelity also stands out for its high-quality research tools, educational resources, and no-fee index funds.
Best for: Long-term investors and those looking for robust research.
Link: https://www.fidelity.com
4. TD Ameritrade
TD Ameritrade is a well-rounded platform with a reputation for being excellent for both beginner and advanced traders. The app offers a range of investment types, including stocks, options, and futures. One of its standout features is thinkorswim, a powerful trading platform with advanced charting tools, ideal for active traders.
Best for: Active traders and investors who want advanced tools.
Link: https://www.tdameritrade.com
5. Charles Schwab
Charles Schwab offers a highly reputable, easy-to-use app with a wide range of investment options. Schwab has no-fee stock and ETF trading, and it provides strong educational content and research tools. It's a great option for both beginner investors and those with more experience.
Best for: Beginner to intermediate investors looking for low fees.
Link: https://www.schwab.com
6. Acorns
Acorns is an automated investing platform that makes investing effortless by rounding up your purchases and investing the spare change. It’s a great choice for new investors or those looking to start with small amounts. Acorns also offers retirement accounts, making it a solid option for long-term savings.
Best for: Beginners who want to invest small amounts automatically.
Link: https://www.acorns.com
7. Wealthfront
Wealthfront is a robo-advisor that provides automated investment management with a focus on low-cost index fund investing. Wealthfront offers both taxable and retirement accounts and features automatic rebalancing and tax-loss harvesting. It’s ideal for hands-off investors who want to focus on long-term growth.
Best for: Hands-off investors looking for automated wealth management.
Link: https://www.wealthfront.com
8. Stash
Stash is an app designed to help beginner investors start with as little as $5. The app allows users to buy fractional shares of stocks and ETFs and provides helpful educational content. Stash also offers a debit card that rewards you with stock for your purchases.
Best for: Beginners who want to learn and invest with small amounts.
Link: https://www.stash.com
9. SoFi Invest
SoFi Invest is a simple and easy-to-use app for buying stocks, ETFs, and crypto. It also allows for fractional share investing, which is a great feature for new investors. SoFi offers automated investing through its robo-advisor, and it has no fees for stock and ETF trades.
Best for: Beginners and those who want to invest in fractional shares.
Link: https://www.sofi.com/
10. Merrill Edge
Merrill Edge is the online brokerage arm of Bank of America. It offers commission-free trading on stocks, ETFs, and options. The app is especially beneficial for Bank of America customers, as it integrates seamlessly with their accounts and offers robust research tools and financial planning resources.
Best for: Bank of America customers and those seeking robust research.
Link: https://www.merrilledge.com