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5 Best Investment Apps of 2020

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Are you searching for the market’s best investment apps? Do you wish to build your career in trading? If yes, you need to handpick an investment app, which blends with your level of expertise and offers all the pieces of information you are aiming for. On average, any financial app from a good brand will help you managing financial tasks, help in monetary transactions, and even keep an account of how much you spend. In the long run, you will be glued to the app, and it will become your right hand. But, now all apps can get this personal. With this being said, here are some of the market’s best investment apps. These apps have not failed to leave an impression.

So, let’s get started.

Related Post: 5 Simple Steps to Start Online Trading Stocks

The List of Best Investment Apps 2020

  • Acorns
  • Robinhood
  • Wealthbase
  • Betterment
  • Stockpile

#1 Acorns

acorn investments

The list of best investment apps begins with Acorns. This is one of the oldest applications in this list. However, it is still popular and is used by thousands of investors around the world. A major reason behind Acorn’s success would be “Ease of Use”. Also, you don’t need to invest lots of time in setting up the application.

Linking one of your credit cards, or debit cards to the account is also simple. Acorns has a sophisticated system, which helps users roll up for 401K accounts too. The accounts are handpicked based on your portfolio.

Also Read: Shareholders: How do they make money?

#2 Robinhood

robinhood investing

Next in line would be Robinhood. If you are not interested in paying for trading commissions, this might be an ideal application for you. With Robinhood, you will be able to trade ETFs, stocks, and even cryptocurrencies. All of these operations can be carried out at free of cost.

RobinHood is famous for its slick interface. Almost all the options work smoothly. The application is quite easy to navigate. It supports intuitive screen to screen navigation too. These features prove to be useful when you trade in the actual market.

#3 Wealthbase

Wealthbase

As suggested by its name, this is one of the best investment apps for people who are keen on building their finances. Wealthbase is a new entry into the list of investment applications. However, it is designed carefully to blend with very many market games. When compared to many other investment applications, Wealthbase has one of the most user-friendly interfaces. It is always fun, picking, and investing in stocks through this application.

A key selling point of this application would be the ability to challenge and create games with your buddies.

Also Read: Top #10 Passive Income Ideas to help you boost your income!

#4 Betterment

Betterment

Those who are budget conscious find Betterment useful. This investment application helps users with portfolios that are professionally managed. For instance, ETFs are selected based on the user’s actual risk tolerance capabilities. If you are able to incur a little more risk, you will be able to see better returns. Meanwhile, if you are aiming for a risk-free portfolio, this investment application can help you with that too.

Betterment charges a nominal price. It is quite similar to the amount you would pay a conventional financial advisor.

#5 Stockpile

Stockpile

The final item in our list of best investment apps for 2020 would be Stockpile. This is a great tool for sharing, and gifting stocks. You will be able to buy small fractals of company shares too. For example, if you are not able to buy a company because its share is 300 USD – you can consider buying half or one-third of the share.

Stockpile only charges 99 cents for each and every trade. And, you don’t need to worry about paying a monthly fee. Another impressive thing about Stockpile would be the ability to receive gift cards, which can be redeemed against stocks.

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