12 Best Investment Apps for Easy and Convenient Investing

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Investing can be a daunting task, especially for beginners. However, with the rise of mobile apps, investing has become more accessible and convenient than ever before. These apps offer a wide range of features and tools that allow users to trade stocks, manage portfolios, and make investment decisions right from their mobile devices.

In this article, we will explore the best investing apps available today. We will discuss their features, benefits, and how they can help you achieve your financial goals. Whether you are a beginner investor or a seasoned pro, these apps can provide you with the tools and resources you need to make informed investment decisions.

Why Use Investment Apps?

Investment apps have revolutionized the way people invest. They offer a range of benefits that make investing easier and more accessible for individuals of all experience levels. Here are some of the reasons why you should consider using an investment app:

1. Easy Access to Financial Markets

Investment apps provide users with easy access to financial markets. With just a few taps on your mobile device, you can buy and sell stocks, mutual funds, and exchange-traded funds (ETFs) anytime, anywhere. This convenience allows you to stay on top of your investments and make quick decisions when you need to.

2. Fractional Shares

Many investment apps offer the option to buy fractional shares. This means that you can invest in high-priced stocks like Amazon or Google, even if you don’t have enough money to buy a whole share. Fractional shares allow you to diversify your portfolio and invest in companies that you believe in, regardless of the price per share.

3. Educational Resources

Investment apps often provide educational resources to help users make informed investment decisions. These resources can include articles, videos, and tutorials that cover various investment topics, such as how to choose the right investment strategy or how to analyze stocks. By arming yourself with knowledge, you can make better investment decisions and increase your chances of success.

4. Commission-Free Trades

Many investment apps offer commission-free trades, which means that you can buy and sell stocks without paying any trading fees. This can save you a significant amount of money, especially if you are an active trader. Commission-free trades make it easier for retail investors to invest in the stock market and build their investment portfolios without incurring high fees.

5. Account Minimums

Some investment apps have low or no account minimums, making it easier for individuals to start investing with small amounts of money. This is particularly beneficial for beginners who may not have a large sum of money to invest upfront. With a low account minimum, you can start investing with as little as a few dollars and gradually increase your investment over time.

6. Robo-Advisors

Many investment apps offer robo-advisors, which are automated investment platforms that create and manage portfolios based on your investment goals and risk tolerance. Robo-advisors eliminate the need for a traditional financial advisor and provide a cost-effective way to invest. They use algorithms and computer models to provide investment advice tailored to your specific needs.

The Top Investment Apps of 2024

Now that we understand the benefits of investment apps, let’s dive into the top apps available in 2024. These apps have been carefully selected based on their features, user experience, and overall reputation in the industry.

  1. Robinhood
    • Best for: Commission-free trades
    • Commissions: $0 for stocks, ETFs, options, and cryptocurrencies
    • Account minimum: $0
    • Open Account for Robinhood
  2. SoFi Active Investing
  3. Tastytrade
    • Best for: Options investing app
    • Commissions: $0 for stocks, $1 per option contract (opening trades only)
    • Account minimum: $0
    • Open Account for Tastytrade
  4. Fidelity
    • Best for: Full-featured broker
    • Commissions: $0 commission for online U.S. stock and ETF trades; trade fractional shares for as little as $1
    • Account minimum: $0
    • Open Account for Fidelity
  5. M1 Finance
    • Best for: Investing and banking in one
    • Commissions: $0 commissions and no management fee. M1 Plus membership costs $10 per month.
    • Account minimum: $100
    • Open Account for M1 Finance
  6. Ally Invest
  7. Betterment
    • Best for: Robo-advisor investing app
    • Commissions: $0 per trade, management fee of $4 per month or 0.25% per year
    • Account minimum: $0
    • Open Account for Betterment
  8. Webull
  9. Charles Schwab
    • Best for: Investing app for IRAs
    • Commissions: $0 stock, ETF, and Schwab Mutual Fund OneSource® trades
    • Account minimum: $0
    • Open Account for Charles Schwab
  10. Wealthfront
  11. Acorns
  12. Stash

These investment apps offer a range of features and benefits that cater to different types of investors. Whether you’re looking for commission-free trades, robo-advisors, or a combination of banking and investing services, there’s an app on this list that can meet your needs.

How to Choose the Best Investment App for You

With so many investment apps to choose from, it can be challenging to determine which one is the best fit for your needs. Here are some factors to consider when selecting an investment app:

Diverse Investment Options

Consider the investment options available on each app. Some apps only offer ETFs, while others provide access to individual stocks, bonds, and mutual funds. Choose an app that offers a diverse range of investment options that align with your investment goals.

Low or No Fees

Fees can eat into your investment returns over time, so it’s essential to choose an app with low or no fees. Look for apps that offer commission-free trades, low management fees, and no hidden charges.

Account Minimums

If you’re just starting with investing or have limited funds, consider an app with a low or no account minimum. This allows you to start investing with a small amount of money and gradually build your investment portfolio.

Educational Resources

Investing can be complex, especially for beginners. Look for apps that provide educational resources, such as articles, videos, and tutorials, to help you learn about investing and make informed decisions.

User-Friendly Platform

A user-friendly platform is crucial, especially if you’re new to investing. Choose an app with an intuitive interface, easy navigation, and robust customer support to ensure a smooth investing experience.

​Additional Information

In the dynamic world of investment, newer investors and seasoned traders alike seek platforms that offer not just easier access to financial markets but also a comprehensive suite of services tailored to their needs. With the evolution of technology in recent years, the landscape of financial products available through mobile apps has expanded significantly, offering everything from brokerage accounts to retirement accounts, and even savings accounts, all managed from the convenience of a smartphone. This transformation has heralded good news for those looking to dive into the investment world with a new look at how we manage our finances.

Among the list of the best investment apps, platforms like TD Ameritrade, SoFi Invest, and Ally Invest Robo Portfolios stand out for their commitment to providing a user-friendly experience coupled with a wealth of educational materials aimed at empowering investors. Whether it’s keeping track of stock quotes from major companies like Apple Inc. and General Electric Company or exploring commercial real estate and hedge funds as an accredited investor, these apps offer a gateway to a diverse range of financial instruments.

For those concerned about fees, many of these platforms have moved towards a model that minimizes costs to the user. From zero annual fees and no minimum balance requirements to the absence of a monthly fee for basic services, the financial barrier to entry has been significantly reduced. Some apps even extend a welcome offer, such as free stocks or a gift card, to new account holders, providing an additional incentive to start investing.

Furthermore, investment platforms have not only focused on traditional financial advice but have also introduced innovative features like micro-investing apps and tools for active traders, making it easier than ever to align investment activities with long-term goals and interests. Customer service has also seen enhancements, with many apps providing quick access to a certified financial planner or an investment advisor through the app, ensuring users receive the best advice tailored to their specific situation.


Investment apps have transformed the way people invest, making it easier and more accessible for individuals of all experience levels. Whether you’re a beginner investor or a seasoned pro, these apps offer a range of features and benefits that can help you achieve your financial goals.

From commission-free trades to robo-advisors and educational resources, these investment apps provide the tools and resources you need to make informed investment decisions. Choose an app that aligns with your investment goals, risk tolerance, and preferences.

With the right investment app, you can take control of your finances, grow your wealth, and achieve long-term financial success. Start exploring the options today and find the best investment app for your needs. Happy investing!