The top 7 investment apps available on the market and their features

Here is a collection of simple investment apps. There are many ways to invest, and the hurdles to entry are lower than ever.

People use applications for many of our daily tasks in the digital age, including investing, texting, emailing, and utilizing calculators. The greatest apps and what they have to offer are listed below, so you can maximize your investments right now. There are many different apps available in the digital marketplace to help with investing.

Trading 212

Trading 212 started as a forex trading app, but has evolved into general stock trading as well as investing in products such as gold, cryptocurrencies and ISAs.

One of the UK’s most popular investment apps today, allowing anyone to trade from as little as £1. You can also purchase fractional shares without transaction fees.

FreeTrade

Freetrade is an easily accessible investment app. Freetrade’s slogan is “Investing Made Easy” and offers commission-free trading, fractional shares of US stocks, and access to over 4,700 stocks and ETFs, all in a free basic account. You can invest using a Standard or Plus account and have access to stocks and shares ISAs and other stocks.

All accounts also offer R1-5 on up to £1,000 of uninvested cash.

Moneybox

Moneybox is a versatile app that facilitates savings through fixed deposits into long-term ISA or investment accounts. The app offers an easy-to-navigate interface for depositing and withdrawing money and offers 3.8% t AER on money held in the Moneybox Stocks & Shares ISA.

eToro

eToro, founded in 2007, is a trusted brand and an easy-to-use app that lets you earn up to 5.3% APR and invest on 20 global exchanges. With eToro, you can invest in stocks, ETFs, cryptocurrencies, and more with enticing 0% stock and ETF fees. When you join, you’ll be added to a community of 30 million other users who are also invested in the app, allowing you to interact, share trading ideas, and communicate.

Plum

Plum is a multipurpose program that is available for iOS and Android that wants to make investing, budgeting, and saving simple and automated.

You can create the portfolio of your choice using the app’s specialized investment platform, which lets you invest in stocks, ETFs, and tax-efficient SIPPs (Self Invested Personal Pensions). Investing in various funds that target specific sectors such as technology or consumer goods, or with indexes like the S&P 500, is an option.

Chip

Chip is an app for easy savings and investment aimed at building long-term wealth. The app has some high-interest savings account offers (up to 5.10% for a cash ISA). If you invest in Chip, you pay 0% platform fees on the Chip Stocks & Shares ISA, but you can only access this ISA on the ChipX plan (£5.99 per month).

The free plan allows you to make standard investments, but you have fewer stock options to choose from.

Wealthify

Wealthify is another low-commitment investing app that lets you invest in shares from as little as £1. Our investment services include General Investment Accounts, Ethical Investment Options, Junior ISAs where you can save up to £9,000 each year for your children, and General Stocks and Shares ISAs.

The app also offers Individual Retirement Accounts and Instant Savings Accounts. You can manage your money through the Wealthify website or the app itself.

Conclusion

With so many apps available, be sure to explore different apps to find one that fits your investment style and allows you to invest. Many popular apps now offer convenient low-commitment investing, but always remember that your capital is at risk and the amount you invest can go down as well as up. .