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Last Updated: September 13, 2023
Nowadays, investing in the stock market can be done at your fingertips with a few swipes. Investing apps are becoming the new norm for investors of all levels.
With dozens of stock trading apps currently on the market, it can be hard to separate the good from the bad.
To help you find the right one for you, we put together this list of the best investment apps for beginners in 2023.
Our Editorial Team has researched all of the best investing apps available and evaluated each one in several different areas in order to narrow this list down to the few that we think will help you the most.
Everyone’s financial situation is different. We all have different goals, amounts to invest, tolerance for risk and knowledge about investing.
Whether you have lots of extra money to invest or just want to get started with a small amount of money, you should be able to find something for you on this list.
Account minimum
Cost per trade
DollarSprout Rating
Free stock with new account
Robinhood is truly a commission fee-free investing app. That means you won’t be charged for trading (stocks, ETFs, options, cryptocurrency, etc.) through the platform.
Robinhood also allows you to buy fractional shares, which means you can invest in thousands of stocks with as little as $1. Users love the simple and intuitive interface. One recent Trustpilot review says “easy to use, and love that they release new features regularly.”
Account minimum
Monthly Fees
DollarSprout Rating
3.5 out of 5 stars
The Acorns app is best for new investors still learning the ropes. Notably, Acorns rounds up card-linked purchases to the nearest dollar and invests the extra change. Users can also set automatic recurring investments on a daily, weekly, or monthly basis. Current Promotion: Exclusive $20 bonus for new users.
Acorns offers:
Regardless of your investing experience, Acorns makes it easy with features like automatic roundups. When you spend from a linked account, Acorns will round the transaction to the nearest dollar and invest the difference in your portfolio. Portfolios range from conservative to aggressive.
Users can also make lump-sum deposits or invest for the long term using Acorns Later, where the platform recommends an individual retirement account and updates it based on your goals.
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