If you’re looking for a new (not to mention powerful) opportunity to get your financial life on track, the good news is you’ve already got it.
It’s that powerful little device you carry around in your pocket all day long – otherwise known as your iPhone.
If you’re the type of person who wants to start investing, the good news is that there are a wide range of different apps in the iTunes App Store that can help you get started.
Each brings something new to the table, and all of them have a lot to offer regardless of what type of investor you are.
Here’s a list of some great investment apps that experts agree can help get your financial future off on the right foot.
E*Trade
No list of the best investment apps on the iPhone would be complete without a mention of E*Trade.
Not only does the app itself have a sleek graphical user interface that is easy to use, but the service itself comes with $0.00 trading right out of the gate.
Of course, the amount you’ll pay in fees depends largely on the type of balance you carry.
But still, for fee-free trading and low-cost automated investing, you’d be hard-pressed to find a more viable alternative.
Fidelity Go
Fidelity Go is another great investment app that always ranks very highly on expert lists in this category.
The service offers fees that vary from $0.00 to $3.00 per month depending on how much trading you do.
If you’re going to be experimenting with automated investing, the good news is that it couldn’t be more straightforward.
You will of course have to pay fees ranging from 0.35% to 0.50% or higher depending on your balance, but this is still a great way to get started.
Robinhood
The Robinhood investment app has been in the news a lot recently, as it was one of the major contributors to the “GameStop” stock explosion that took place with the help of Reddit users earlier in 2021.
A big part of this had to do with not only the fact that Robinhood offers active investing, but that it offers $0.00 trading to new users as well.
While the hype for the app has certainly died down a bit, it’s still a perfect opportunity to start experimenting with your own investment style.
Charles Schwab Intelligent Portfolios
If you’re the type of person who wants to get serious about your investment strategy, the Charles Schwab Intelligent Portfolios investment app is certainly right for you.
It supports automated investing for very large balances and comes with no AUM fee to speak of.
Of course, you’ll have to pay a $300 one-time fee to get started – and you’ll also need to pay $30 per month for higher balances moving forward.
Wealthfront
Last but not least we have Wealthfront – an investment app that not only includes basic investment functionality but that also includes a variety of additional features like goal-setting and planning as well.
Wrap that all up in a very user-friendly platform and you have the type of investment app that will serve you well for years to come.
Perhaps a little off the topic, if you want to recommend apps for tracking one’s finances, Personal Capital has an outstanding app, whether or not you invest with them. I track every penny with them and find the overview of my investments and spending the best anywhere..