10 best investment apps and finance apps for Android
Investments are difficult to make at first. It is basically the act of putting your money into something with the intention of making more money from it. There are a number of options including 401,000 plans, the stock market, mutual funds, mutual bonds, and many other things. People who invest smartly can make extra income, one day retire, and really take control of their finances. Here are the best investment apps for Android.
Please note that this list is primarily intended for Americans as this is where the majority of readers live. However, many of these apps are also available to people in other countries. Also, nothing in this article is financial advice. This article is for informational purposes only.
The best investment apps for Android
Acorns
Recognition: Joe Hindy / Android Authority
Price: Free / Varies
Acorns is an excellent investment app for beginners. It basically keeps track of all of your transactions, rounds up every purchase to the nearest dollar, and uses those few cents per purchase to invest your money. They collect decent money over a long period of time. The app is completely free for college students and has a relatively low fee for non-college students. Acorns also includes CNBC coverage, a rewards program, and a few other things to get you started with investing.
Google search
Price: Free
Knolwedge is power and nothing matters more than investing knowledge. Google search is your friend in these cases. You can look up companies to see what they’re up to, SEC filings, the latest news, and other such things at the touch of a button. Google search also has built-in support for stocks. All you have to do is search for the icon and see the latest prices. This is intended for active rather than passive investors, as learning quickly makes the difference between making a profit quickly and losing too slowly.
Price: Free / $ 3.99 per month / $ 29.99 per year
Reddit is another great place to go for investors for a number of reasons. There are subreddits for personal finance, the stock market, and various such topics. You can easily walk in there, ask questions, get answers and learn how investing really works. Additionally, most brokers and investment firms have their own subreddits that you can use to interact with other clients, ask questions, and find out how your tools work. We don’t recommend following Reddit for financial advice, of course, but it’s a great way to learn from others’ experiences.
Robinhood and Webull
Recognition: Joe Hindy / Android Authority
Price: Free
Robinhood (linked via the button) and Webull (Google Play) are brokers that you can use to trade stocks on the exchange. Robinhood is the easier of the two, while Webull is a bit more stable. Both apps let you deposit funds, trade stocks, and withdraw funds when you’re done. You can also trade options and cryptocurrency, the latter being rather rare in brokerage. These easy-to-use all-in-one solutions are often mocked for playing the stock exchange area. However, they are very easy to use. They’re both good for dipping your toes in the purse.
Robo-advisor apps like Fidelity
Recognition: Joe Hindy / Android Authority
Price: Free / Varies
Robo-advisors are a great way to invest your money. They use automated, algorithmic driven services to invest your money. There are a variety of brokers that offer this feature. Some of those with great track records are Fidelity (linked via the button), Vanguard (Google Play), and M1 Finance (Google Play). These apps also allow you to manually trade stocks to see if you can beat your bot advisor. Fees, minimum requirements and the like vary from broker to broker. Most of these services, especially Fidelity, also let you trade stocks, buy mutual funds, start 401,000 plans, and other such things. These services make for great all-in-one investment apps.
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Traditional brokerage apps like TD Ameritrade
Recognition: Joe Hindy / Android Authority
Price: Free (usually) / Varies
Traditional brokerage was a terrible experience on mobile not long ago. This is why Robinhood became popular from the start. Most brokers, however, have simplified their user interfaces, made many of their trading tools more accessible, and reduced their costs. Some examples of traditional brokers are TD Ameritrade (linked via the button), E * Trade (Google Play), and others. With brokers, in addition to trading on the stock exchange, you can often manage your 401,000, mutual funds, and other such investments. You should make sure that each new brokerage account has the features you need before signing up so you can be sure that you can manage everything in one place.
wallet
Price: Free / $ 5.99 per month / $ 21.99 per year / $ 49.99 one time
A big part of investing is making sure that you actually have money to invest. For that, you might need something like a wallet. Wallet is a money management and budgeting tool. You link your bank accounts, see how your money is being spent, and then try to make cuts so you can invest more money. You can’t invest money with Wallet (and similar apps). However, the more you invest, the higher your potential for profit. Financial management is super boring, but it’s an important part of investing.
Wealth front
Recognition: Joe Hindy / Android Authority
Price: Free / Varies
Wealthfront is a bit like Acorns. The difference is that you are manually investing money in this one so that the service will automatically invest on your behalf. Wealthfront gives you two options. You can invest in a portfolio they created or design one yourself. Wealthfront will then handle all trading on your behalf so hopefully you can see your money grow. We like this because it also links your bank accounts so you can see all of your finances in a single app. That gives you more power to make better financial decisions.
Yahoo Finance (and similar apps)
Price: Free / Varies
Yahoo Finance is an excellent beginner investing app. You cannot trade or invest money with it. However, it’s a great one-stop shop for checking out the stock market, seeing the latest news, checking historical trends, and discovering other stock market metrics. Plus, you can link your brokerage accounts directly to Yahoo Finance so you only have to open one app to check everything. The app has occasional bugs, but in over two years nothing had happened so bad that it cost me money. We particularly recommend this feature for Robinhood users as Robinhood’s newsfeed and inventory information can be a bit anemic and Yahoo Finance extensions are a good experience. There are other options in this area too, such as Investing.com and others. However, Yahoo Finance works more than well enough.
Youtube
Price: Free / $ 12.99 per month
YouTube is an underrated tool for investing. The app has thousands of developers making tons of videos about different types of investments. You can learn how 401k plans work, how mutual funds work, how the stock market works, and many other things. I watched this series to learn how stock options work. Videos like this one can answer many basic questions much faster than other sources. There are many who make assumptions about stock market prices and the like, but we recommend that you exercise extreme caution when viewing these prices. Either way, this is a great place to learn the basics of investing so that you can decide how to proceed with it.
Bonus: invest games
Price: Free (usually)
There are a variety of games on the Google Play Store that can help you invest fake money in the real stock market. You are not making any real money this way. However, games like these are great educational tools that can help you move around and learn how things work without losing real money. There are a number of such games, but some of the best are Investr (linked via the button), Learn by MyWallSt (Google Play), and Wealthbase (Google Play). All three games do the same thing. They are giving you fake money so that you can invest wrongly, but it uses real stock market data to do it. Games like these are great for beginners, but advanced investors probably won’t need them.
If we missed any of the best investing apps for Android, let us know in the comments! You can also click here to view our latest Android app and game lists.
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