In today’s fast-paced digital world, managing your investments has never been easier, thanks to the rise of investment apps. These user-friendly platforms allow you to take control of your financial future right from your smartphone or tablet. Whether you're a seasoned investor or just starting out, investment apps provide access to a wide range of financial products, from stocks and bonds to ETFs and cryptocurrencies. With features like automated investing, real-time market data, and low or no fees, these apps have revolutionized the way we approach investing, making it more accessible and convenient for everyone.

‍

What is an investment app?

An investment app is a digital platform that allows users to manage their investments through their smartphones or tablets. These apps provide various features, such as buying and selling stocks, bonds, mutual funds, and exchange-traded funds (ETFs), as well as tracking portfolio performance and accessing market research. Many investment apps also offer tools for budgeting, goal setting, and automated investing, making it easier for users to grow their wealth. With user-friendly interfaces and often low or no fees, investment apps have democratized access to the financial markets, enabling both novice and experienced investors to engage in investment activities with greater convenience.

‍

What investments can you trade through an investing app? 

The range of investments you can access will depend on the broker you choose. Generally, apps from established online brokers provide the widest array of investment options, while smaller apps or startups may have a more limited selection. Here are some types of investments you might find through an investment app:

- Stocks

- Bonds

- Mutual funds

- Index funds

- Exchange-traded funds (ETFs)

- Cryptocurrencies

- Futures

- Forex (foreign exchange)

- Commodities

‍

Best investment app for beginners:

Investment apps enable you to manage your portfolio and trade investments directly from your phone. Here are our top recommendations for the best investment apps currently available.‍

‍1. Compound real estate bonds

This user-friendly application is designed for investors looking to embark on their investment journey with a minimal initial investment while ensuring maximum security. Compound bonds are high-yield savings bonds that offer an impressive 8.5% APY, compounded daily. Investors can start with as little as $10, enjoy zero fees, and have the flexibility to withdraw their funds at any time. The app also features convenient options like auto-investing and round-ups, which can significantly enhance fund growth. Additionally, these bonds are backed by real estate and U.S. Treasuries, providing investors with peace of mind, reliability, and a secure platform to begin their investment journey and work towards financial freedom.

Why to invest?

• Minimum barrier entry
• High returns - 8.5% APY
• No Fees
• Backed by real assets
• Withdraw anytime
• Auto-investing
• Easy-to-use application

‍

2. Sofi

Originally established to assist students with college loans, SoFi has expanded its offerings to encompass a wide range of financial services, including banking, investing, and lending. The company has attracted millions of users through its SoFi Invest platform and mobile app. Investors can trade stocks, ETFs, mutual funds, options, and even participate in IPOs; however, the app does not currently support cryptocurrency trading.

Why to invest?

• Auto-investing
• Low fees
• Minimum barrier entry
• Easy-to-use application
• Manage all finances under one roof

‍

3. Acorns 

It is a micro-investing app designed for beginners. It simplifies saving by rounding up your purchases to the nearest dollar and investing the spare change. You can also link your bank account for automatic transfers. Acorns offers various investment portfolios tailored to different risk tolerances, making it accessible for those new to investing.

Why to invest?

• Automatically invests spare change.
• Cash back at select retailers.
• Educational content available.
• No account minimum ($5 required to start investing)
  
  

4. Stash 

It is another micro-investing app that focuses on financial education and goal-setting. It allows you to invest in fractional shares of stocks and ETFs, making it accessible for small investments. Stash offers a variety of investment themes and portfolios, catering to different interests. However, its fee structure and limited investment options might not be ideal for experienced investors.

Why to invest?

• Both DIY and automated investing options.
• Fractional shares available.
• Values-based investment offerings.
• No account minimum 
• Option to round up purchases.

‍

5. Ally 

It is a comprehensive financial services company offering various products, including investing, banking, and lending. Its investing platform provides commission-free trading, a wide range of investment options, and research tools. Ally also offers high-yield savings accounts and competitive loan rates. It's a good choice for investors who want a one-stop shop for their financial needs.

Why to invest?

• Robo-advisor
• Low fees
• Five asset classes
• No account minimum

‍

6. Fidelity

It is a well-established financial services firm with a strong reputation. It offers a wide range of investment products, including stocks, bonds, mutual funds, and ETFs. Fidelity provides robust research tools, educational resources, and excellent customer service. While it's suitable for both beginners and experienced investors, its platform might be overwhelming for those new to investing.

Why to invest?

• Commission-free stock, options and ETF trades.
• Large selection of research providers.
• Strong customer service.
• Expense-ratio-free index funds.
• High interest rate on uninvested cash.

‍

7. Robinhood

Robinhood is a widely recognized investment app, and for good reason. As one of the first apps to gain mainstream popularity, it pioneered zero-commission trades and has since expanded its offerings to include credit cards that provide 3% cash back on all purchases, FDIC-insured savings accounts with 5% interest (available with a Robinhood Gold subscription), and commission-free cryptocurrency trading.

One of its most notable features is a 3% IRA match on every eligible dollar contributed to the retirement account each year, making it one of the first non-employer-sponsored retirement accounts to offer a matching contribution. However, it’s important to review the fine print for any limitations, as this feature is only available to Robinhood Gold members.

Why to invest?

• Zero fee commissions
• Access to IPOs
• Low account minimums
• IRA Match
• FDIC insured

Bottom line

Investment apps have truly democratized the world of finance, offering tools and resources that make it easier than ever to build wealth and achieve your financial goals. From high-yield savings bonds and automated investing to fractional shares and real-time market insights, there’s an app for every type of investor. Whether you’re looking for simplicity, low fees, or a wide range of investment options, these apps provide the flexibility and convenience to help you navigate your financial journey with confidence. By choosing the right investment app like Compound Real Estate Bonds, you can take a significant step toward securing your financial future.