Investment is a crucial financial activity that has been a part of our system for centuries. We invest according to our goals and capacities. From gold, real estate, stock to commodities, investment had been the step for further development of the economy as well as the personal fortune of the investor.
Best Investment Apps for 2022
Acorns - Best Stock App for Part-Timers
About
Acorns are best suited to people who have a basic understanding of the capital markets. This best stock market app targets that penny-change lying idle in your savings account. On downloading, users link their bank accounts to the app and answer a few questions. As you use the card linked to that account for everyday purchases Acorns rounds-up the money to the nearest dollar and keeps track until the total of those comes up to $5. It is then that this best stock app invests the money into ETFs, Exchange Traded Funds.
Accredited users are charged $100 for every $1 million they invest after touching the threshold of $1 million for the first time. Acorns win hands-down against conventional portfolio advisory services as they have a minimum balance threshold of $25,000 with a fee of up to 1.25%.
Why we picked it?
Betterment - Best Investment App for DIY Investors
About
For lone wolves or contrarian investors whose investment decisions are based on weeks of research, Betterment is the best stock trading app. It lets you automate amounts that’ll be invested weekly/monthly to either individual stocks or the 150 ETFs which Betterment associates with. Also, the best stock market app, recommends guides to further embolden your financial know-how.
The Betterment stock trading app serves to balance and diversify risk in a portfolio. Right before the account is set up, users answer questions that let Betterment-bots identify risk tolerance. The bots suggest guides to broaden the knowledge but the call to place the funds belongs to the customer.
Why we picked it?
Learn by MyWallSt
About
If you ever thought about learning how to invest and its fundamentals, you can trust on Learn by MyWallSt, one of the best investment apps existing in the market today. The app is treasure-filled with gems of knowledge that you need to become an expert investor. Having everything from the initial introduction to crucial fundamentals that you should understand as you progress through the investment industry, this best stock market app is a perfect mentor.
Why we picked it?
Invstr - Best Investment App for Students
About
Yes, there is one for this audience as well. Invstr is a market simulator mimicking financial markets in real-time and allowing gamers to stake $100,000 virtual money. With no risk of loss, you can put your theories to test and see how it goes. Invstr added a LIVE feature that lets you stake real money, something that users need to be wary of. The game lets you learn from observing others’ trade, and try your skills in life-like stimulation.
Invstr is a good starting point to set crucial fundamentals of investment right. The investment app could pose intermittent lags in price updates but convinces users to come over to the real end of the business i.e., minting real money.
Why we picked it?
Robinhood - Best Investment App for Newbies
About
Robinhood investment app tops the charts especially amongst beginners flirting with the idea of putting their money to play. Invest in stocks, options as well as for cryptocurrencies. It is free to sign-up with the user being awarded a free stock upon registration. Refer a friend, whose successful conversion as a registered user will earn you another stock. Keep at it and you can earn as much as $500 in free stock by simply referring and growing this best stock trading app.
A $0 fee lets individuals hold stocks for longer. However, as the trades are managed by users, instead of brokers, the income gained becomes taxable.
Why we picked it?
Stockpile - Best Investment App for Parents
About
Highly recommended that you check out this investment app, especially, before ThanksGiving. Who knows with Stockpiles’ Stock-as-a-gift-card feature, you might end up gifting, something that is & will continue to grow in value. Moreover, if you’re a new user you get $5 to invest in cryptocurrencies like Bitcoin via Stockpiles ETFs. What if it reached $100,000!
With an investment account, you can buy stock with cash but will be charged $0.99 per transaction. To avoid foul play & fraudsters, Stockpile doesn’t permit penny stocks in addition to any other stock that trades below $6.
Why we picked it?
Wealthbase - Best Investment App for Freebies
About
Wealthbase has, arguably, the best promotional offers for those who want to learn to trade. You can start your virtual trading with $100,000 in virtual cash, stocks, ETFs, or cryptos. People can trade securities like stocks, bonds, mutual funds, options & Forex.
Wealthbase attributes special emphasis on teaching the technicalities of trading. Anyone who wants to get in without bearing transactional charges would find Wealthbase as one of the best online investment apps to learn investing money.
Why we picked it?
Webull - The best mobile stock trading app
About
Webull is the best stock market app for those who want to keep an eye on the live status of markets around the world. From NASDAQ to NSE, Webull covers them all, that too in real-time. Webull was developed as a forex trading platform, and thousands of traders have used it all over the world. This best app to buy stocks gives 2 free stocks, valued at USD 2.50 to USD 250 when you start your account. 2 more free stocks are given between the valued at USD 2- USD 1600 at the time of initial deposit of USD 100.
In other words, a trader with no experience can start with Webull and get the first introduction to the market without even spending a single penny.
Why we picked it?
Fidelity Investments - One of the top stock market apps
About
One of the best online investment apps for Android and iOS, you get over 70 years of trust with Fidelity Investments the best stock trading app. Users can pay their bills, deposit money, and do much more in just simple taps. Even though recommended by CNBC because of its convenience, the stock app offers in-depth market research for users to keep a track of. Because of its cutting-edge design, the Fidelity Investments and stock app have a very good feel about it.
Why we picked it?
TD Ameritrade Mobile - Best Investment App for Experts
About
With 364 branch locations within the states, you can’t help but list one of the largest brokers in the country. High trade fees are no pain point to customers who go with the trust this investment app backs thanks to its parent company. It’s even hard to point follies in the app’s mobile business, as the subsidiaries are institutionalized to target beginners as well as expert traders. TD Ameritrade Mobile for former and TD Ameritrade Mobile Trader for experts.
We must bring out how much customer support and feedback is valued at Ameritrade. Users can choose between the Facebook messenger, iPhone message app, Amazon Alexa/Apple Business chat services to seek professional assistance.
Why we picked it?
2022 is about to end, and with this curated list of top investing apps, you can lay back, relax and sip that cup of coffee, as your portfolio makes money, even as you sleep. And in case, you still have some questions regarding the top investment apps mentioned above.
With a bunch of best stock investment apps in the list offering virtual trade, we would recommend newbies to start with those. We hope you liked our picks and found them useful. If you want to ask anything specific or you are an entrepreneur who wants to get your app reviewed, get in touch with MobileAppDaily.
With our strategically designed marketing solutions