Here are some of the best investment apps in 2024 based on features, fees, and target users:
1. E*TRADE
Best for All-Around Investing
E*TRADE offers both DIY and automated investing, making it versatile for all experience levels. It has a robust platform with research tools and no commissions on stocks and ETFs. This is ideal for both beginners and seasoned investors.
2. Acorns
Best for Beginners & Micro-Investing
Acorns is perfect for those new to investing. It automatically invests your spare change and offers easy portfolio diversification with low monthly fees. It’s beginner-friendly and helps you start with as little as a few dollars.
3. M1 Finance
Best for Portfolio Customization
M1 Finance offers customizable portfolios with options for fractional shares, making it great for those who want more control. You can choose pre-built portfolios or create your own, and it also automates the investing process.
4. Robinhood
Best for Commission-Free Trading
Robinhood is known for commission-free trading, making it popular with active traders. It supports stocks, ETFs, options, and even cryptocurrencies, making it versatile for those interested in various asset classes.
5. Betterment
Best for Automated Investing (Robo-Advisor)
Betterment offers goal-based, automated investing through a robo-advisor. It’s ideal for those looking for hands-off investing with features like tax-loss harvesting and personalized retirement plans. (best investment apps in 2024)
6. Fundrise
Best for Real Estate Investing
Fundrise allows users to invest in real estate through REITs (Real Estate Investment Trusts). It’s a solid option for those looking to diversify beyond traditional stocks and bonds. (best investment apps in 2024)
Each of these apps offers different benefits depending on your investment goals, whether you’re starting with a small amount of money or looking for advanced trading features.