Are you tired of the old-school investment methods and looking for modern ways to manage your money? The financial technology (FinTech) industry has revolutionized how we invest, making it more accessible and convenient than ever. Here are the top 5 investment apps that are worth checking out, offering innovative features and user-friendly interfaces to enhance your investment journey.
**1. Robinhood:** This app has gained immense popularity, especially among millennials, for its commission-free trading. Robinhood allows you to trade stocks, ETFs, options, and cryptocurrencies without incurring any fees. The app’s clean design and easy-to-use interface make it a favorite among beginners and experienced investors alike. You can set up a standard, individual, or joint brokerage account and even a traditional, Roth, or rollover IRA. Robinhood also provides a Robinhood Gold feature for more advanced investors, offering professional research tools and instant access to deposits.
**2. Acorns:** Perfect for those who want to invest effortlessly, Acorns is a micro-investing app that helps you save and invest your spare change. It rounds up your purchases to the nearest dollar and automatically invests the difference into a diversified portfolio of exchange-traded funds (ETFs). You can choose from a range of portfolios based on your risk tolerance and financial goals. The app also offers Acorns Later for retirement investing and Acorns Early for investment accounts for children.
Stay tuned for the next three apps that will complete your investment app toolkit!