The best investment apps for beginners offer a range of trading functions, such as buying and selling stocks and ETFs. Some also provide access to bank or savings accounts, which are FDIC insured. Some, like Acorns and Stash, also feature robo-advisor services that automatically choose, manage and track ETF portfolios for you, which is often a good fit for beginners. Resource : https://www.theinvestorscentre.co.uk/investing/best-compound-interest-investments-uk/

When selecting an investment app, keep an eye on fees. These costs can add up over time and can eat into any potential gains you make. Ideally, you should find an app that offers competitive fees compared to other investing apps.

Best Investment Apps for Beginners: Pros and Cons to Know

It’s also helpful to look for an investment app that offers research functionality and market news, which can help you become a better investor over time. Some investment apps may limit what types of assets you can buy or sell, and it’s important to filter out those that don’t allow you to trade anything beyond stocks and ETFs.

Stash is an investing app that combines a robo-advisor and self-directed brokerage into one, making it ideal for beginners. It allows you to put part of your investing strategy on autopilot, build a diversified portfolio with low initial capital and invest in alternative assets such as art, NFTs and collectibles for 2.5% per transaction. Another top choice for beginners is Public, which combines social networking and investing by allowing you to follow other users’ investments on the platform, learn from others and participate in group messages and discussions. The app also lets you purchase fractional shares starting at $1 and is commission-free.