Are you looking for the best Investment Apps you can use? Do you know that there are so many investment apps on the internet? But for safety and avoidance of fraud, it is advisable to use the best and not just any random app. However, as we all know Investment apps are apps that allow people to put money into a business and leave it while it grows.
Just like investing in a company and getting half or part of the shares of the company, these investment apps allow you to earn more than you invest. However, these apps are faster and easier to access and join. Compared to following the long process of investing in companies. So, what are the best investment apps to use? Why don’t you read through this article to discover them?
Why Should I Use Investment Apps?
Using investment apps is a good idea because they are much faster ways for people to invest and earn more. Instead of going to a company or meeting people in person for investment, you can just easily do so online from your comfort zone.
6 Best Investment Apps
As stated earlier, there are so many apps that can be used. But knowing the best could be of great help. So, without much ado, let’s take a look at some of the best investment apps on the internet below;
Betterment
This is one of the largest and most known investment applications. And it is for a very good reason. The application offers managed portfolios via a selection of ETFs. That is calibrated against your risk tolerance and when in need of funds.
Acorns
One of the most popular new investment apps is acorns. This app remains for years the best to make use of. This is because it is very easy to use and very reliable. After setting it up, there is no need to keep an eye on it because your investments are safe.
Wealthfront
Wealthfront is part of the largest investment apps best for investors to make use of. They are independent Robo-advisors that manage your funds after making certain payments. As long as you meet with the app and invest, you get a safe taxable account or an IRA.
Robinhood
If you want a smooth interface and also to avoid trading commissions, this is the right app for you. Whether you trade ETFs, stocks Cryptocurrency or even options, this app provides a smooth investing process. You do not need to commit to using this app.
Ellevest
A top-ranking investment app is this Ellevest app. this app was made basically to help female investors have better and smart decisions at investing. Irrespective of how or what your investment is, you can make use of this as a woman.
Wealthbase
This investment app is a new app just joining the world of stock marketing. It is also one of the most user-friendly apps in the world. As it allows people to have fun while picking stocks. You can even play games with friends for as long as you want, whether, weeks, days, or till the end of a particular day.
What to Consider When Choosing the Best Investment Apps
When you want to choose the best investment apps, there are some things you need to check out to avoid choosing one that could disappoint you. Firstly, you need to have thought about what you need them for. Consider if you need an actual trade and investment or an educational tool. Because some can eat up a part of your investment returns, and some only have a very low cost with a free commission.
