Top 5 Investing Apps. Are these the best for beginners?
the best investing apps for beginners

Top 5 Investing Apps. Are these the best for beginners?

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Starting this post is a bit overwhelming because there are too many options out there. However, I did a lot of research and tested most of the apps, and today I will show you the top 5 investing apps for beginners.

Investing nowadays is very easy, even though it might be tricky to invest in all these platforms out there on the Internet. So, today, I will show you the most trusted 5 apps that you can use for every day investing without spending nonsense numbers on fees.

Top 5 Investing Apps

1. Robinhood

One of the most popular investing apps for beginners out there is, without a doubt, Robinhood.

If you don’t know what Robinhood is; it is basically a stock trading app that allows you to trade Stocks, ETFs, even Crypto (I’m not a fan of Cryptocurrencies) entirely for free.

PROS:
  • FREE
  • EASY
  • DAY TRADING STOCK
CONS:
  • NO FRACTIONAL SHARES
  • NO DIVIDEND REINVESTMENT
  • NO RETIREMENT ACCOUNTS

SIGN UP

Register now and win a Free stock.

2. M1 Finance

M1 Finance is on the same level as Robinhood, even though they are a much smaller company.

They will invest new funds whenever the cash balance in your account is $10 or more. All of the trading done through this app is conducted within a trading window. This window is at 9:00 a.m. There are no commissions or fees associated with trading and selling your securities within your investment pie.

PROS:
  • FREE
  • EASY
  • LONG TERM INVESTING
  • FRACTIONAL SHARES
  • DIVIDEND REINVESTMENT
  • RETIREMENT ACCOUNT
CONS:
  • NO DAY TRADING STOCK

SIGN UP

Register now to M1 Finance.

3. Acorns

Another one of the best investing apps out there is Acorns. It helps you to automate your investing and might be the only micro-investing account that allows you to invest spare change.

PROS:
  • ROUND-UP INVESTING
  • RECURRING INVESTMENTS
  • FREE $5 PER SIGN UP
CONS:
  • $1+ PER MONTH
  • FOR HIGH AMOUNTS
  • NO DAY TRADING

SIGN UP

Register now to Acorns and win $5 for Free.

4. Webull

Webull strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free. It is one of the best investing apps. They also give you free stock when you sign up.

PROS:
  • FREE TRADING
  • FREE STOCK
  • AMAZING ANALYTICS
CONS:
  • COMPLICATED APP
  • ADVANCED USERS

SIGN UP

Register now and win free stock.

5. Fidelity

The only app that I would recommend to big investors is Fidelity. They offer Financial Planning and Advice, Retirement Plans, Wealth Management Services, Trading and Brokerage services, and a wide range of other types of investments.

PROS:
  • NO MINIMUMS
  • NO FEES
  • FREE INDEX FUNDS
CONS:
  • $4.95 FEE FOR STOCKS

SIGN UP

Register now to Fidelity.

These are the top 5 investing apps. If you have no money to invest; don’t worry, we got your back. Read our article on how to make money for free.

Ask your questions in the comment, and I will be more than happy to answer them. Until next time, happy reading!

Written by
Bini Shala
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