Whether you’re saving for a first home, expensive vacation or retirement, investing your money is the best way to help it work for you. The best investment apps let you make the most of your funds, with low or no fees, and tools to improve your understanding of markets and trends.
Many of the top best investment apps have features that are hard to find elsewhere, like real-time market data and customizable options that encourage informed financial decisions. You should also look for an app that offers a variety of tradable assets, including stocks, ETFs and mutual funds. Some even offer alternative investments like cryptocurrencies, commodities and bonds.
Investing at Your Fingertips: The Top Investment Apps to Grow Your Wealth
You’ll want to know how much risk each investment carries, and most apps will provide information about the potential for both long-term gains and losses. They may also have helpful tools to minimize risk, such as diversification and goal-planning. TD Ameritrade, for instance, provides extensive educational content on its investment app and offers a robust suite of tools. Its robust archive and deep trading platform are particularly appealing to investors who prefer a self-directed approach, while its user support center is outstanding, with quick responses via phone, email or chat.
Other investment apps, such as Stash and Betterment, provide a more hands-off approach to investing. Betterment, for example, automatically invests your money in a mix of different assets and uses visual cues, such as color-coding, to motivate you to stick to your goals.