The top 5 investing apps to help newbies, experts and couples build their wealth from anywhere – CNBC
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Investing apps have grown in popularity in recent years and for good reason: Just about anyone can get access to the stock market with just a few taps on their phone.
For beginners, investing apps also serve as an affordable and accessible way to start building their wealth. A recent survey by Select and Dynata polled 1,006 U.S. adults and found that younger investors are most likely to use investment apps to inform their investment-related decisions.
The good news is there are many options to choose from. To help you find the right app for your needs, Select reviewed over three dozen apps offered by robo-advisors, fintech start-ups, big banks and traditional brokerage firms. We ranked the top five apps with a focus on investor experience level. (See our methodology for more information on how we chose our top picks.)
Newbies may want to start small by micro-investing through an app like Acorns, which invests users’ spare change. Beginner and intermediate investors alike can automate their investing using a robo-advisor app like Betterment, while the more seasoned investors can trade stocks and options with Robinhood.
Our top five picks stand out because they help investors of all stripes — no matter where they are on their investing journey — build wealth on the go. Below, you’ll see our full list of the top-rated investing apps, plus answers to frequently asked questions about investing apps.
Best investing apps
Investing app FAQs
Best app for automated investing
On Betterment’s secure site
Minimum deposit and balance
Minimum deposit and balance requirements may vary depending on the investment vehicle selected. For Betterment Digital Investing, $0 minimum balance; Premium Investing requires a $100,000 minimum balance
Fees may vary depending on the investment vehicle selected. For Betterment Digital Investing, 0.25% of your fund balance as an annual account fee; Premium Investing has a 0.40% annual fee
Up to one year of free management service with a qualifying deposit within 45 days of signup. Valid only for new individual investment accounts with Betterment …….