Investing is inevitably the wisest way to take advantage of the extra money. Even a small amount of money can gradually generate a lot of wealth for you after the maturity period and increase your net worth. So, never miss an opportunity to invest your cash in successful investments and today, with mobile technology, you can start investing instantly. There are many investment applications that get higher returns with lower savings in ethically correct ways. In addition, many applications grow from the gross concepts of finance, trading, and the stock market and help interested investors engage in real stock market investments.
Here is a list of few popular and early investment applications for traders and investors of the new era and of course ordinary people to start increasing their wealth portfolios.
If there is one app that allows users to start getting involved in the investment game with the need for a lot of money, then it is Robinhood. With it, users can buy and trade US listed stocks as well as ETFs without paying any commission. So it’s very different and better than any other stock broker that charges $ 10 for every purchase.
In addition to an investment app, Stash offers an educational guide for beginners on how to save money tactfully for higher returns. It provides a rulebook to users on how to improve and manage their wealth portfolio. Fractional stocks, minimum account balances, and value-based investments are some of its key features.
Aglas is the best option for those who want to contribute regularly instead of one-off investments. Users only need to link their debit or credit cards and round each transaction to the next dollar and reverse the “spare exchange”. Spend the most profitable and well-managed ETF portfolios. Fees for the account are also minimal, that is, $ 1 per month for a balance of less than $ 5,000. So acorns help you save a lot with a small amount of dollars and sometimes with a fraction of a dollar.
It comes with a unique approach to make stock market players eager to buy and sell stocks. Users can purchase fractional shares of any listed organization or company through the app. With no monthly charges, it offers 1000 investment options that include ETFs and individual stocks. Specially designed to encourage younger people to get involved in the stock market game, Stockpile facilitates the gift of stock and the transfer of stock basket to the account of others.
One of the great apps that allows beginners to create a portfolio to start trading for free. Users can create and maintain an active portfolio of both stocks and ETFs. While users can create a diversified portfolio or a “custom pie” on their own through M1 Finance, they can also get fractional shares with it.
Conventionally, to engage in investments you need a broker or at least a financial advisor who prudently invests your hard-earned money. So nothing is better than having one of these apps that offer a consistent approach to investing and trading stocks with or without minimum commissions.
If you are interested in the app business, try coming up with an investment app idea that will help beginners, adults, and retirees wisely allocate their cash flow and grow wealth over time.