Exeleon Magazine

Top Investment Apps of 2022

Top Investment Apps Exeleon Magazine

As someone who is looking to invest their money, you may be wondering if there are any good investment apps out there that can help you make the most of your money.

There are a lot of different investment apps out there, and they all have their own pros and cons. However, there are a few that stand out as being particularly useful for those who are looking to invest their money.

Top Investment Apps to Use in 2022

Betterment

Here is the investment app for all ages since it does not matter if you have started off with your investment game or have aced at it on this platform. Considering quite a viable management fee (0.25-0.40 percent of the assets annually), this platform also requires a min balance of $0 for digital services and $100.000 for premium services.

Brownie points – This platform retains end-to-end professionalism when it comes to portfolio management, set customized goals yet practical ones considering market speculations, and Robo-advisors.

Why do we like this investment app?

If you do not want to burn a hole in your pocket, this is a go-to stock trading platform, yet risk-takers can take calculated risks to get in touch with potentially higher returns.

Visit Betterment Website

Invstr

Having to deal with your assets in real life also warrants upskilling yourself and constantly learning about new finance hacks. This should be the ideal platform for people eager enough to make their investment game scalable with time. Fractional and whole shares can be bought for free on this platform and new users are welcomed with Bitcoins worth $30 when they invest $100.

Brownie points– commission is levied on cryptocurrencies. You can learn from a previously experienced investing community that; the minimum balance requirement is $0. Make a minimum investment of $5 and you can trade in ETF, stock, and crypto without having to pay a commission.

Why do we like this investment app?

Do you want your intuition game to be stronger in the domain of investment! If so then this is the perfect platform to play around with a virtual portfolio combined with a fantasy game so that you take a sneak peek into an investor’s thoughts around an array of stocks.

Visit Invstr Website

Acorns

This is one of the best investment apps in 2022 and despite being quite new in the market this has gained popularity, especially among people who are keen to ‘save’. The ease of use and the extremely flexible and user-friendly command interface make it accessible even among people who are not tech-savvy.

Brownie points – If you want to retire with a thick wallet and that is too hassle-free, this is the best investment app. To generate automatic investments without having to study, analyze, worry or interpret much, this is the best financial online investment app.

Why do we like this investment app?

An Individual Retirement account sounds like quite a secured facility provided by this investment application. Add-ons are fee-free access to innumerable ATMs and FDIC-protected checking accounts. One can avail security and convenience on a single platform.

Visit Acorns Website

Wealthbase

This is one of the best investment applications in 2022 if you are willing enough to trade in contests and games. Yes, sounds fascinating but has got its own risks involved; calculated though. Would you want to pair stock picking and social media? Here is the right online investment app. The interface is smooth and fun for communication and one can trade in crypto too.

Brownie points- Instead of unproductive gossip with work friends and acquaintances you can easily indulge in conversations on stockpiling with the same circle on this finance investment app.

Why do we like this investment app?

If the social media environment is addictive, then let that be. Since this investment app does its job while you can play games in a literal sense. You are basically mixing ‘work and play’!

Visit Wealthbase Website

Stockpile

Stocks are not only for asset management but could be thoughtful gifts too hence, this investment application is best for people willing enough to gift stocks. Gift cards are available that could be redeemed for stocks and the interface is tight and neat too. If buying whole company shares seems to be risky, this investment encourages you to invest in fractional company shares.

Brownie points- If you tend to think that ‘stocks are no cakewalk’, you probably are wrong, since on this investment app even kids can track their investments. From a very young age, they learn to allocate their finances and become financially savvy and responsible too with their wallets.

Why do we like this investment app?

Elder, financially wise, and sound people can actually use this investment app to make thoughtful and productive presents to younger people. This online investment app covers your worries around the ‘money crunch phase’ so that you are not having to forcibly invest in high-priced stocks always.

Visit Stockpile Website

Robinhood

The name itself sounds adventurous, right! If you are quite active in trading stocks, this is the best investment application for you in 2022. This stock market app is one of the best financial apps for investment since you can operate hassle-free from your phone, no web interface is required every single time and that too you operate commission-free. What better than this!

Brownie points – News feed, stories, and updates from top financial investing sites are all aggregated on this online investment app for you to stay a step ahead.

Why do we like this investment app?

A simple swipe up and swipe down shall show you the vital statistics of stock charts and once you have filtered and sorted and decided what to invest in, simply enter the share number, and there you go. How smooth does that sound!

Visit Robinhood Website

Zeroing down:

Among a few other equally competitive online investment apps doing the rounds in the market some mentioned worthies are – Charles Schwab, Ellevest, and so on. While choosing the right online investment app for you in 2022 do consider 2 major questions. Do you need to educate yourself about stock trading first and then indulge in meaningful trading or you are skilled enough and need a professional platform to trade in shares seriously and actively? Answering them shall pose less pressure on you.

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