Best Investment Apps for 2024

Are you looking for the best investment apps to take control of your Finances? Well, you are at the right place.

The increasing access to new technology & adoption of mobile apps has transformed many aspects of our lives, including investment too. From easily trading stocks, crypto, and others to waddling our money to different accounts, everything has been made easy through these investment apps.

For those who are new to the market, they might understand the importance of investment apps, but are unable to find the reliable & best investing apps for themselves, don’t worry, we got you.

In this blog, we will be discussing all types of investment apps, the key to choosing investment apps, and a list of the best investing apps to explore in 2024. Tighten the seatbelt & let’s get right into it.

Overview of the Investment Apps Market

To know about the worthiness of this market, fintech statistics will help you out. So, without any delay, let’s delve into this market.

With more people taking an interest in the investment market, expert suggests that the market will grow exponentially in the upcoming years. The global investment app market is likely to grow at a CAGR of 16.5% during the forecast period.

However, this increase can be due to a few reasons such as increased access to the investment market & penetration of the Internet. Consequently, It’s no surprise among other types of investment apps, robo-advisors are said to be raising the most which gives investors an easy and safe way to manage & invest in the financial market.

Talking about the types of investment apps, let’s know about them in the below section.

Different Types of Investment Apps

With fintech app development, there are currently several types of investment apps present in the market to satisfy every kind of user need.

Whether you are looking for the best investment apps for beginners to start your investing journey or a platform to manage your assets, you will easily get to know about them all through this section.

So, let’s dive in:

Type 1: Beginner-Friendly Apps

These apps are built to help beginners start investment easily. Several features such as a user-friendly interface, low investment & educational resources make them a good choice for novices. Some of the best investing apps for beginners are Robinhood, Stash & Acorns.

Type 2: Active Trading Apps

Traders are well-known to make money through a small movement in price. Such apps are specially designed to grow their portfolio and help them make a quick profit. As a result, these apps have advanced charting tools, research reports, margin trading & more.

So, if you are looking for the best investment apps for traders, you can pick apps like Charles Schwab, & Fidelity Investments, etc.

Type 3: Socially Responsible Investing Apps

SRI Apps have become popular due to less volatility which makes them promising investment options for people looking for low risk. The concept of these apps is to invest in funds aligning with your social & environmental values. Aspiration & Public.com are some of the best investing apps.

Type 4: Robo-Advisor Apps

For an investor who believes in set it & forget it, robo-advisors are all you need for automated & competent portfolio management. A Robo-advisor will get to know about your goal through an online survey & offer their services to achieve so. It has become a well-known mobile app idea for businesses to explore. Betterment, Wealthfront & Ellevest (for women) are quite popular products of such an idea.

Key Features to Look for in Investment Apps

Before you choose any of the best stock investment apps, there are some of the features that you should look into to make the right decision. With so many apps claiming they are the best, it is necessary to consider these features to pick the right one from the crowd.

1. Ensure Good Security

While picking one from the list of best investment apps, we’d highly suggest you look for the safety & security of the app.

An investment app has so much sensitive data related to users such as account details, financial transactions, and card numbers saved.

If you don’t want to fall prey to any scam, make sure to pick an app that has an extra layer of security, uses encryption to protect your app, and offers Face ID or fingerprint recognition to securely enter the app.

2. Transaction Fees & Commissions

No matter how many best apps for investing are present in the market. You still need to check their transaction fees & commissions and what kind of services they offer to pick your best.

Every platform has something exceptional to offer such as the Robo-advisor app is becoming a top fintech app idea for businesses to look forward to for charging from users for managing their investment.

They are surely replacing those investment apps that charge high commissions & transaction fees for making any monetary movement. So, make sure to do your research & take expert guidance before making a financial commitment to any app.

3. User-Friendly Interface

It is very important to choose an app that is easy to navigate, this will help you to quickly find any information you are looking for.

Furthermore, you should be able to add your stocks to your watch lists to suit your preferences. This shows you can explore other things on the app easily without wasting any time. It will be beneficial especially if you are just starting your journey.

4. Customer Support

It is important to consider customer support for your investment app. You might get stuck in any step or trouble in the app, customer support function will help you to interact with experts quickly.

You must look for different channels offered by them such as live chat, email support, or phone support. So, you can choose to connect to them however you want.

With increased mobile app development, there are many apps now available to serve you with the best, so if you don’t find these in one app, you might find them in another.

5. Investment Options

Fintech is growing at a tremendous rate. With that, every aspect related to it is also getting affected be it cashless payments or investment options. Thus, we highly suggest you choose an investment app that provides a variety of investment options.

For instance, you start with stocks, and might catch your interest in ETFs and bonds too. In this case, you pick the best app for investing that includes different investment options such as ETFs, bonds, crypto, and shares to suit your changing needs.

6. Schedule Trade

It is important to consider scheduling trade-in investment app features. You might expect your stock to fall or rise to a certain point to make a buy or sell. Consequently, you need to check this feature in the app to ensure you don’t feel disappointed later.

Lately, seeing the huge demand of users, businesses are creating investment platforms by incorporating such features in their investment apps.

Now, you might have got pretty good idea of what you need to look for in the best investing apps.

While talking about apps, it’s time that we go through the list of top investing apps that are user-favorite and have popularity to help you out.

Top Investment Apps for Different Needs

While talking about growing your wealth, investing your money has become a standard. Among so many best investment apps out there, it can be overwhelming to find one for you.

To take you out of the dilemma, here are some best apps for investing that our experts recommend:

Let’s get to know these best investment apps that we picked for you in detail:

1. Robinhood: Investing for All

If you want to break free from trading commissions, then Robinhood is for you.

Launched in 2013, the app provides a platform to trade stocks, ETFs,& cryptocurrency, making it one of the best investment apps for diverse investors.

The best thing about the app is you can do it all without paying commission which means no more stressing about your cut down on profits. This app & website is not only famous among users but also amongst businesses which is why they search for ways to create investment websites like Robinhood and enter the market with the best.

Features

• No commission
• Invite friends & pick stock
• Stock screener available
• User-friendly interface
• Built-in research tools

2. Stash – Rule Based Proxy

Those people who don’t know anything about investing or just starting on a friend’s recommendation should check out “Stash”.

Its micro-investing capabilities, Robo-advisor feature & user-friendly interface make it one of the best investing apps for beginners.

Apart from that, it also has great tools for beginners such as educational resources to keep you up to date about the market and low-barrier entry to start your investment easily. The best part is Stash allows you to invest in a fraction which means you can buy small servings of shares or invest in segments in a high-priced asset.

Overall, whether you want to take the help of Robo-advisors or want a do-it-yourself approach, Stash lets you get involved the way your heart wants. This approach surely makes it one of the best investing apps for users.

Features

• Buy fractional shares
• Offers Robo-advisor
• Easy to navigate
• Rich in educational resources
• Invest for retirement

3. Invstr: Play.Learn.Invest

Established in 2013, Invstr started as a platform to provide knowledge about stock trading & markets and grew into one of the best stock investing apps. Currently, the app is free to download & use, but you can take a premium plan to explore more features.

It’s a perfect combination of learning and investing, as the app provides educational resources to understand money management and smart investment.

Utilizing the features of the fantasy sports app, they have also brought a fantasy stocks game through which you get access to a virtual portfolio and understand trading before making any investment. This is why we consider it one of the best stock investment apps out there.

Features

• Community driven
• Educational resources
• Offers Fantasy finance
• Provides research tools
• Commission-free trades

4. Acorns: Invest Spare Change

Acorns stems its popularity from its easy-to-use interface & Robo-advisors concept that takes investing to a new level.

Once you set up your account, it lets you simplify your investing by automatically managing your account. More than 8 million people are using this feature-packed app to have more control over their finances & participate in the market.

It’s worth noting that you can link your accounts to the app such as debit & credit cards, but the app takes investment funds through a single-linked checking account. Overall, it is one of the best apps to invest in stocks.

Features

• Straightforward pricing
• “Round-up’’ investing
• Different types of accounts are included
• Easy to use app
• Lay emphasis on automation

5. E*TRADE: Invest. Trade. Save

With an intuitive interface and an amazing set of features, we suggest you consider E*TRADE.

It is one of the best investment apps for beginners that lets them invest in different financial instruments such as stocks, bonds, mutual funds, and even contracts.

For beginners, they offer to invest via E*TRADE core portfolios through which you share your goals & risk tolerance with Robo-advisors, and they manage & expand your portfolio accordingly.

Additionally, they don’t charge any commission on their trades which gives more reason to use the app, especially for those investors who are cost-conscious.

Features

• Automated investment management
• $0 commission
• User-friendly platform
• Research tools
• Non-trading fees are low

6. Fidelity Investments

Fidelity’s broad choice of investments, expert insights & investing tools makes it our personal favorite. It actually helps you to make smart decisions about what you want to do with your money.

Fidelity emphasizes app security which is why they provide various security models in their app such as voice biometrics, two-factor authentication, and security text alert making it one of the best investing apps to look forward to.

Overall, it’s really easy to get started with the app. Once you set up your account, you can do more than just trading stocks on the app such as deposit checks, paying bills, & more.

Features

• Straightforward pricing.
• Security & protection
• Portfolio management tools.
• Real-time market updates.
• Customization

7. thinkorswim: Trade. Invest

Put your stock knowledge to the best use by investing your money in thinkorswim. With this app, you can manage positions, find quotes, learn trading, and place trades quickly.

Additionally, you get to access a variety of investment options such as stocks, options, futures, & Forex & even you can try your hands on new strategies with a paper trading feature.

Moreover, whether you are a beginner or a pro, you can see go through various technical analysis charts, order types & paper trading, to help yourself out. Overall, it’s a versatile platform with lots of things to learn about. So, this best app for investing in stocks is definitely recommended by us.

Features

• Plenty of educational resources.
• $0 commission trading.
• 24/5 trading.
• In-depth library of strategies.
• Variety of investment options.

8. Public – Stocks/Bonds/Crypto

Public is one of the best investment apps that help investors to trade with simple trading platforms. With an intuitive app, they offer a plethora of educational resources about business & investing.

The app offers a variety of options to invest such as Crypto, ETF & bonds, also non-traditional assets including luxury goods. They also have a social feed to connect with other investors about trade ideas and know more about investing in “Town hall” meetings.

Overall, you can enjoy free features and subscription services for $10 per month through which you get to know more financial metrics about a company. In case, you don’t want to pay $10, you can have an account of $20,000 to gain premium access.

Features

• Extensive education & news.
• Offer social feeds.
• Buy fractional shares.
• No cost per trade.
• Top-notch customer support.

9. Webull: Investing & Trading

Founded in 2017, Webull has become a famous choice for people looking for an affordable platform to trade different financial instruments such as stocks, exchange-traded funds, options,& cryptocurrencies.

Many businesses are trying to replicate the success of Webull which is why they are searching for ways to build apps like Webull.

Till then, you should give this app a chance and we bet it won’t be disappointing. Several tools & features make it an exciting option to consider such as margin accounts, market research tools, and educational resources proving it as the best app to start investing.

Features

• Commission-free trading platform.
• A plethora of features are available.
• Diverse investment options.
• Easy-to-use.
• Several educational resources are available.

10. J.P. Morgan Mobile

Who hasn’t heard of “The Morgan”?

With their app, you can expect nothing less than perfection. Simply, one can manage their finance, make good investments, see transaction history, and do much more.

Apart from that, users can also send domestic & cross-border transfers similar to apps like Transferwise. Also, you can schedule, edit, or cancel payments for your cards & bills giving it an edge over other best investing apps.

You also get to know about the timely market news & updates that allow you to make more informed decisions which is why we believe you should try this app once.

Features

• Track investment performance & know in-depth details.
• Access market insights.
• Require additional security measures.
• Send money internationally.
• Secure messaging feature.

11. Ally: Banking & Investing

Owned by Ally Financial, the app offers a user-friendly & affordable platform that has a customized dashboard, access to broker’s tools, quick trading capabilities, and much more.

Unlike other best stock investment apps, they don’t offer access to IPOs, but overall a great app for investing stocks with feature-rich tools. Such as they cater to individuals who want to manage their trading accounts and also lay their assistance to people with Robo-advisors service that manages your portfolio depending on your risk.

Nevertheless, it is one of the best investing apps for beginners & experienced among other commission-free platforms.

Features

• Variety of investment options are available.
• Support multiple accounts.
• Commission-free trades.
• Several research tools are available.
• User-friendly tool.

12. Firstrade: Invest & Trade

If you are looking for the best free investment apps, then there is no other app better than “Firstrade’’. The platform not only provides free stock & options trading but also has no commission for a variety of investments.

Talking about investment, you can diversify your portfolio through different options including ETFs, stocks, crypto, and many more. If you have no clue how & where to start, you can take the help of their educational resources available on the app.

Firstrade is designed to be appealing for option traders with no fees and broad access to charts makes it a plus for users. Make sure to try it. Even this also encouraged many businesses to hire mobile app developers and incorporate additional features like Firstrade.

Features

• Multilingual support.
• Excess of educational resources.
• Basic research tools.
• Suite of investment products.
• Zero commission.

13. Fundrise: Invest in Alts

Fundrise is growing & soon will replace many best apps to invest in.

The app provides investment access to various markets like real estate, venture capital & private credit. Their website claims to be America’s largest direct-to-consumer alternative asset manager, serving more than 2 million people.

Furthermore, they have made an investment of $7+ billion portfolio positioned & ready to grow capital in this dynamic environment.

The mobile-friendly app promotes convenient access to manage the investment on the go and offers a variety of educational resources that you must check out.

Features

• Create & manage your account quickly.
• Easily deposit & withdraw funds.
• Contact customer support.
• Offers many educational materials.
• Easy to use.

14. Schwab Mobile

Charles Schwab is a prominent name in wealth management firms. Their app lets you easily manage stocks, ETFs, mutual funds, and options with just some taps on your app.

If you don’t know where to get started, just open a popular account on the app including IRA, brokerage & accounts easily and transfer money to your account and start today.

But, here is the catch; they have some limitations, requirements, and conditions that you need to fulfill to be eligible to invest & manage their portfolio. Surely, it is the best investment app that you should try.

Features

• Commission-free stock.
• Research tools available.
• Choose from different funds.
• Customized watchlists & dashboard.
• Transfer money in a snap.

15. tastytrade: Invest & Trade

Unlike other best investing apps, tastytrade is dedicated to active traders as it offers excellent trading technology, low option commissions, and option pricing schedules as its best bet.

tastytrade pricing is no other where they offer a competitive commission structure with a $1 contract to open & $0 to close for options trades. Basically, it is a user-friendly and customizable platform available on web browsers, desktop & mobile apps.

Moreover, the app offers a variety of advanced charting tools, and market insights that are especially customized to option trading. And, if you want to learn and invest, tastytrade got you covered with different educational resources & tools.

Features

• Affordable commission structure
• Vast community
• Tailored dashboard
• Focused on options trading
• Customized trade ticket

With that, we believe you have an overview of the best investing apps to explore with this blog. Before making any choice, ensure to take expert guidance and read the blog completely.

Wrapping it up!

If you want to start your investment journey or excel in it, these apps are sure to help. But, we would also like you to know that these markets are subject to risk, so make sure to invest as per your financial situation.

Also, understanding the fee & commission is a necessary element for you to decide which app you want to choose & how much you intend to invest, so make sure to consider it. However, the apps we provided have very low commissions or completely non-existent giving more reasons to use them & start investing.

With that, we wish you the best to start your journey.

FAQs

Niketan Sharma

Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.