There are hundreds of investment apps and platforms available, with more being added every year. So, the question arises – Which are the best investment apps for the average person who wants to try stock trading, and crypto investment and build long-term wealth?
If you are in the same boat and looking for the best investment apps for 2023, you are at the right place. I have done some research online and in this post, I am going to share the 7 best investment apps for 2023.
7 Best Investment Apps for 2023
#1 Robinhood – Stocks & Crypto
Robinhood is a commission-free trading platform for stocks, ETFs, options, and cryptocurrency. Robinhood is easy to use app that allows investors to invest in stocks and ETFs starting at $1. Cryptocurrency trading is commission free. Robinhood Investment app is self-directed and not robo-advisory. This means you need to take investment decisions on your own.
Key Features of Robinhood App
- Minimum Deposit Amount – $0
- Investment Options – Stocks, options, ETFs, crypto, and more
- App Rating – 4 out of 5 stars on Google Play
#2 Stash – Investing Made Easy
Statsh is Investing app that helps beginner and novice investors to invest money. This app allows investment in stocks and ETFs with no add-on commission fees. You can invest in any amount as it offers the facility of fractional investment. The best part of this app is auto investment using a robo advisory platform. You can get access to Stash Growth or Stash+ by paying $3 or $9 every month.
Key Features of Stash App
- Minimum Deposit Amount – $0
- Investment Options – Stocks, options, ETFs, crypto, and more
- Automated investment
- App Rating – 3.9 out of 5 stars on Google Play
#3 Acrons – Save & Invest
Acrons is one of the best investment apps. However, you can only invest in ETFs via managed ETF portfolio under Acrons App. Acrons is best for beginner investors. Acrons works on a robo-advisory platform that generates your portfolio and manages it for you. Acrons also provide IRA option calls as Acrons Later.
Key Features of Acrons – Save & Invest App
- Minimum Deposit Amount – $0
- Investment Options – Managed portfolios of ETFs
- Retirement Account Available
- App Rating – 4.6 out of 5 stars on Google Play
#4 TD Ameritrade
TD Ameritrade is a full-service brokerage offering investment options including stocks, ETFs, and mutual funds. You can get updates on the market with price alerts, real-time streaming quotes, helpful charts, Level II quotes, and News on this app. You can watch an educational video and learn more about investing on this app.
Key Features of TD Ameritrade
- Minimum Deposit Amount – $0
- Investment Options – Stocks and ETF Trading
- App Rating – 3.6 out of 5 start on Google Play
#5 E*Trade – Invest, Trade, Save
E*Trade Invest, Trade & Save is an online brokerage offering a commission-free investing facility in US-listed stocks, ETFs, and options. You can even trade in mutual funds using this platform. This app also provides a readymade professional portfolio for investing. You will also get access to educational material and videos about investing on this app.
Key Features of E*Trade – Invest, Trade, Save
- Minimum Deposit Amount – $0
- Investment Options – Stocks, ETF, Options, and Mutual Funds
- Google Assistant Support
- App Rating – 3.9 out of 5 start on Google Play
#6 Fidelity Investments
Fidelity Investment is one of the best investment apps. This app provides a facility of investment in Stocks, ETFs, mutual funds, and retirement accounts. This is one of the most secure app. You can use two-factor authentication and voice biometrics on this app. This app also provides on-the-go technical analysis. It is easy to use app that offers the facility of commission-free trades for US stocks, ETFs, and fractional shares for as little as $1
Key Features of Fidelity Investments
- Minimum Deposit Amount – $0
- Investment Options – Stocks, ETF, Retirement Account
- 2 Factor Auth & Security of using the application
- App Rating – 4.2 out of 5 start on Google Play
#7 M1 Investing & Banking
M1 Investing & Banking is one of the best investment app. You can use M1 Investing does not charge monthly management fees. You need not to pay even trading fees on this app. M1 App provides a readymade portfolio for investment. You can invest in stocks, ETFs, mutual funds, and a variety of retirement accounts.
Key Features of M1 Investing & Banking
- Minimum Deposit Amount – $0
- Investment Options – Stocks, ETF, Retirement Account
- Readymade Investment Plans with Pie
- App Rating – 4.5 out of 5 start on Google Play
In terms of investment options, these apps are among the best in the USA, but it’s important to assess them based on your own investment needs and goals. You must check features such as fees, investment options offered, and customer service before making a decision.
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