A good investing app can help you manage your money and get back on track. It can handle routine tasks and automatically transfer money into various accounts. It can also help you follow the markets and learn about them.
These are some of the best apps that can help you get started with managing your money. They’re great for people who are just starting to invest or for those who want to play a game of stock-picking.
Robinhood
If you’re looking for a simple and streamlined app that doesn’t require a lot of setup, then you’ll love Robinhood. It’s a great choice for people who want to trade stocks, ETFs, and cryptocurrency without getting bogged down in the details.
You can access a stock’s page from a search bar, and it features charts and vital statistics. It also has a feed that shows news and investing sites. After you’ve decided what to buy or sell, you can simply swipe up to get the order.
Ellevest
One of the most popular robo-advisors, Ellevest is also a socially responsible investing app. It helps women make smart investing decisions by creating customized plans and portfolios that take into account their unique circumstances.
Ellevest’s portfolio builder lets clients create their own social impact investing plans that combine ESG and social impact funds. These funds aim to invest in companies that have higher standards for social impact.
Acorns
One of the most popular new breeds of savings apps, Acorns is incredibly simple to use. Just link a credit or debit card to your account and it will automatically convert the difference into one of several ETF portfolios.
The basic version of this app costs $3 a month, and it includes an investment account, a debit card, and an individual retirement account. It can also roll over an existing retirement plan.
The app’s goal is to create a personalized portfolio based on your age and target time until retirement. It also uses an algorithm to pick the best stocks and funds for you. The first tier comes with a checking account and no additional fees.
Invstr
Invstr is a great app for people who are starting to invest or just want to play a game of stock-picking. It combines the best features of a game with real-world investing.
Invstr’s fantasy game gives players $1 million in virtual money, and they can use the app’s social network and news feed to find great ideas. It also allows users to turn their fantasy stock picks into real-life stakes.
Stockpile
Stockpile is a neat app that allows users to buy and sell fractional shares of companies. It doesn’t have any trading fees and allows users to buy and sell without leaving the app.
One of the neat features of Stockpile is that it allows users to give a gift card that’s good for stock. It’s also a great way to introduce a younger relative to investing. Kids can also track their investments in Stockpile, and it lets them share their favorite stocks with their friends and family.