Investment apps allow traders to buy and sell assets via their smartphones. This ensures that the investors are never more than a click away from the financial markets.

In this guide, we compare the best investment apps in the market today for supported assets, low fees, accepted payment types, safety, and user-friendliness.

Best Investment Apps for Beginners in 2022

Those wishing to trade right now can consider the 12 best investment app providers listed below:

  1. eToro – Overall Best Investment App for 2022
  2. Webull – Popular Investment App for Trading US Stocks
  3. Acorns – Automatically Invest Spare Change
  4. Fidelity -Trusted Investment App With $1 Minimum Stock Trade
  5. Public – Top Investment App for Long-Term Investors
  6. Robinhood – Best Investment App for Beginners
  7. Cash App – Combine Banking and Trading via a Single Investment App
  8. Investing.com – Great App for Investment News and Research Tools
  9. Ally Invest – Low-Cost Invest App With Robo Advisor
  10. E*TRADE – Huge Selection of Supported Markets and Account Types
  11. Stockpile – Buy and Sell Stocks at 0% Commission From $1
  12. Wealthfront – Managed Portfolios From Just 0.25% Annually

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Choosing the right investment app is an important task. Therefore, consider reading our provider reviews in the subsequent sections of this comparison guide.

Although it didn’t quite make our top 12 list of investment apps, another option is Capital.com. Read our Capital.com review to find out why we think this CFD broker is a popular option in 2022.

Best Investing Apps Reviewed

Selecting the best investment app is no easy feat considering the sheer number of trading platforms active in this space.

Most investment apps are offered by traditional online brokers – so users should explore key metrics surrounding the types of markets on offer and what fees and commissions apply to both trading and funding.

Safety and regulation are also important, as real money will need to be deposited in order to invest.

In the sections below, we review and rank the very best investment apps in the market right now.

1. eToro – Overall Best Investment App for 2022

For both newbies and experienced traders – we found that eToro is the overall best investment app and one of the best Islamic brokers in the market today. Available on both iOS and Android devices, the eToro app is home to thousands of financial markets, making it one of the best stock trading apps on the market. This is inclusive of more than 2,500 stocks from over a dozen stock exchanges. 

On top of the NYSE and NASDAQ, this covers markets in the UK, Europe, Asia, Canada, and more. eToro also offers ETFs – such as those managed by iShares and SPDR. Crucially, all stocks and ETFs at eToro can be traded at 0% commission and the minimum investment stake is just $10.  

US clients can also use the eToro investment app to buy cryptocurrency. There are over 70+ supported tokens – which includes everything from Bitcoin, Solana, and Dash to Dogecoin, Shiba Inu, and Ethereum. Those looking to invest in cryptocurrency via the eToro app will pay a fee of just 1% plus the market spread to enter and exit the market.

etoro appNon-US clients will also be able to access forex, indices, and commodities via CFD instruments. To open an account on the eToro investment app, some personal information and a copy of a government-issued ID are required. Next, a minimum deposit of just $10 is needed to activate the account. Supported payment types are inclusive of debit/credit cards and ACH/bank wires.

eToro investors can also deposit funds via the app with PayPal, Neteller, WebMoney, and Skrill. No deposit fees are charged on payments made in US dollars. This is also the case with withdrawals. In terms of regulation, the eToro investment app is licensed by the SEC and FINRA. Non-US users will appreciate regulation from ASIC, CySEC, and the FCA.

Another reason that eToro came out as the best investment app today is that it also doubles as one of the best copy trading platforms out there. This allows users to select an experienced eToro trader and then copy their investments. In other words, if the trader invests in Apple stock and Bitcoin, the same position will be mirrored in the user’s portfolio.

etoro app

Users might also like the eToro investment app for its Smart Portfolios. These are pre-made, professionally managed investment portfolios that are both hand-picked and maintained by the eToro team. The eToro investment app also comes with a fully-fledged demo account that is pre-funded with $100k. Still wondering if eToro is the best investment app in 2022? Read our eToro review as we explore all the key metrics from fees to regulations.

Minimum Deposit $10
Investment Markets Stocks, ETFs, crypto, forex, indices, commodities
Pricing System 0% commission on stocks/ETFs, 1% + market price on crypto
Core Features Copy trading, smart portfolios, no fees on foreign stocks

Pros

  • Overall best investment app
  • Thousands of US and international stocks at 0% commission
  • Trade forex, crypto, indices, and commodities
  • Minimum deposit and stock trade is just $10
  • Copy trading and smart portfolios
  • No fees on USD deposits
  • Accepts debit/credit cards and Paypal

Cons

  • $5 withdrawal fee

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Popular Investment App for Trading US Stocks

webull logo

Webull offers a popular investment app for both iOS and Android users. The app is free to download and it takes just minutes to register a new account. After getting verified, Webull then allows its users to deposit funds with ACH or a domestic bank wire. It’s best to opt for the latter – which is free.

Otherwise, when opting for a domestic bank wire, Webull will charge an $8 transaction fee. There is no minimum deposit requirement stipulated by Webull on standard trading accounts. Webull is perhaps the best investment app for those looking to buy and sell US-listed stocks.

Across thousands of companies listed on the NYSE and NASDAQ, Webull users can trade stocks at 0% commission. The minimum stock trade requirement is just $5, so diversification is simple and cost-effective. Those looking to invest in stocks listed overseas will be disappointed, as Webull only supports a few hundred ADRs.

webull app

Webull, does, however, support stock trading options on its investment app. This allows users to gain exposure to US-listed stocks without needing to outlay the full capital requirement. Thus, this is an indirect way to obtain leverage. With that said, the Webull investment app also offers margin trading accounts to eligible users – which requires a minimum balance of $2,000.

There are also retirement accounts available at Webull, which include several IRAs. In addition to stocks and options, Webull users can also invest in ETFs. Moreover, the investment app supports dozens of cryptocurrencies – all of which can be purchased from just $1 per trade.

Those looking to invest in assets on the move via advanced trading tools will not be disappointed with the Webull app. It comes packed with custom pricing charts and access to technical indicators, not to mention a free demo account facility pre-loaded with $1 million in paper funds.

Minimum Deposit $0
Investment Markets Stocks, ETFs, crypto, options
Pricing System 0% commission on all markets
Core Features Retirement accounts, technical indicators, no minimum deposit

Pros

  • 0% commission on all supported markets
  • Trade thousands of US stocks
  • One of the best crypto investment apps
  • Suitable for all skill levels
  • Heavuly regulated

Cons

  • Interntional stocks represented by ADRs

Your capital is at risk

3. Acorns – Automatically Invest Spare Change

Acorns is an investment app used by over 9 million clients. It offers a super innovative concept, whereby everyday transactions can be rounded up to the nearest dollar and subsequently invested into the financial markets. For instance, let’s suppose that an Acorns user buys a cup of coffee for $3.40.

As per the user’s account settings, Acorns will deduct $4 from the linked debit card, with the $0.60 balance being used to buy ETFs. This means that users can invest bits and pieces into the markets without a second thought. This is also a great strategy for dollar-cost averaging purposes.

The portfolios that Acorns offer are hand-picked by industry experts and are aimed at long-term investors. Rebalancing is done on behalf of account holders, so this offers a passive way to invest. There are five portfolio strategies in total, ranging from conservative to aggressive. When it comes to fees, Acorns charges $3 on personal accounts.

Family accounts – which include children, costs $5 per month. All account types offer additional perks, such as free educational material, the ability to receive a salary two days early, and fee-free access to over 55,000 ATMs. Retirement plans can also be accessed on the Acorns investment app.

Minimum Deposit $0
Investment Markets ETFs via pre-made portfolios
Pricing System $3/month on personal accounts, $5/month on family accounts
Core Features Automatically invest spare change, hand-picked portfolios, educational tools

Pros

  • Innoative concept where debit/credit card spare change is invested
  • No prior investing experience required
  • Invest in hand-picked investment portfolios

Cons

  • Users are unable to invest in individual stocks
  • Too basic for serious investors
  • Monthly fee

4. Fidelity – Trusted Investment App With $1 Minimum Stock Trade

fidelity reviewFidelity is one of the most trusted investment apps in the market. This provider can be accessed via a free iOS and Android app that connects to the user’s main account. The Fidelity investment app comes packed with useful tools and features. 

This includes the ability to set custom pricing alerts on any asset. For instance, if the user wishes to be notified when Tesla stock hits $700, a notification will pop up on the respective smartphone. We also like the Fidelity investment app for its fractional stock trading tool. This enables users to trade stocks at a minimum stake of just $1. 

fidelity app

This can come in handy for those on a budget that wish to invest in expensive stocks like Google or Berkshire Hathaway. The Fidelity app also offers access to a huge number of funds and ETFs. There is also the option of trading futures, as well as fixed-rate bonds. The Fidelity investment app is also great for performing technical analysis on the move.

Minimum Deposit $0
Investment Markets Stocks, ETFs, index funds, options, futures, bonds, and more
Pricing System 0% commission on US-listed stocks and ETFs, fees on other assets
Core Features Advanced trading tools, $1 minimum stock trade, access to IPOs

Pros

  • Stocks by the Slice tool supports $1 trades
  • Thousands of financial instruments listed

Cons

  • High-level research tools are best suited for experienced traders
  • Financial planning accounts come with high minimums

5. Public – Top Investment App for Long-Term Investors

public.com reviewPublic is one of the best investing apps for long-term investors. This iOS and Android app are extremely beginner-friendly – so first-time investors will appreciate the ease with which accounts can be opened and assets can be traded.

The Public investing app allows users to buy stocks and ETFs at 0% commission, albeit, this focuses on US-listed assets. There is also the option of investing in crypto via the app and this supports 25+ digital tokens. There is an extensive range of educational tools on the app – which is inclusive of videos and contributions from expert investors.

public.com review

We also like the interactive side of the app, which allows users to follow like-minded traders. There is also the option to see when leading stocks are due to release their next earnings report and keep up-to-date with upcoming IPOs. Finding a stock or ETF to invest in is also made easier via the app’s trending and top-mover ranking tables.

Minimum Deposit $0
Investment Markets Stocks, ETFs, crypto
Pricing System 0% commission on US-listed stocks and ETFs, 1-2% mark-up on crypto trades
Core Features Very user-friendly, follow like-minded traders, earnings reports calendar

Pros

Cons

  • 1-2% mark-up on crypto transactions
  • No forex or commodity trading markets

6. Robinhood – Best Investment App for Beginners

Robinhood review

Robinhood is one of the best investing apps for those with little to no trading experience. The interface itself is very user-friendly and the app has been fully optimized for both iOS and Android devices. We also like that those on a budget are catered for – as Robinhood has no minimum deposit.

It is also possible to buy and sell stocks with just a few dollars, as Robinhood supports fractional trading. In addition to US-listed stocks, Robinhood also offers ETFs and options. Robinhood is also perhaps the best app for crypto investing, as it requires a minimum trade of just $1.

robinhood app

When it comes to fees, Robinhood supports commission-free trading across all of its supported markets. There are no deposit or withdrawal fees on ACH transactions, but do note that debit/credit cards and e-wallets are not supported. Robinhood also offers a gold account at $5 per month. This offers access to margin trading accounts and more comprehensive research data.

Minimum Deposit $0
Investment Markets Stocks, ETFs, crypto, options
Pricing System 0% commission on all supported markets
Core Features App designed for newbies, no minimum deposit, margin accounts available

Pros

  • Great option for first-time investors
  • Best crypto investing app for those on a budget

Cons

  • Only offers international shares via ADRs
  • Standard accounts limit instant deposits to $1,000
  • No passive investment tools

7. Cash App – Combine Banking and Trading via a Single Investment App

Next up on our list of the best investment apps is Cash App. This provider offers an all-in-one financial hub – which subsequently allows users to combine banking and investment services. Regarding the latter, the Cash App offers conventional checking accounts.

This means that users can send and receive money at the tap of a button. It is also possible to receive a monthly salary two days early. There is also a debit card that comes with the account. In terms of its products, the Cash App investing platform enables its users to buy stocks from a minimum of just $1. This covers leading stocks on the NYSE and NASDAQ.

cash app review

The cash app also supports Bitcoin investments. We also like the recurring buy feature, which allows users to invest in their preferred asset at a predefined amount and date. The Cash App also offers market insights, which is inclusive of earnings reports and key news developments.

Minimum Deposit $1
Investment Markets Stocks, Bitcoin
Pricing System 0% commission on stocks, fees on Bitcoin built into the market spread
Core Features Offers checking accounts and debit cards, buy stocks and Bitcoin from $1, easy to navigate

Pros

  • Invest in stocks and Bitcoin from just $1
  • Minimum deposit of just $1

Cons

  • No cryptocurrencies other than Bitcoin
  • Too simplistic for seasoned investors
  • Bitcoin trading fees are built into the market spread

8. Investing.com – Great App for Investment News and Research Tools

investing.com app

First and foremost, Investing.com is not an app that allows users to invest in the financial markets. On the contrary, it is an app for iOS and Android that offers invaluable investment tools and research materials. As such, Investing.com will need to be used in conjunction with a fully-fledged trading app.

Nonetheless, the app covers real-time financial news on a variety of asset classes – including stocks, forex, commodities, cryptocurrencies, and the broader economy. There are also market insights published by industry experts, which can be great for generating trading ideas.

investing.com app

We also like Investing.com for its watchlists and pricing alerts. These tools will ensure that users never miss a trading opportunity. This top-rated app is also ideal for performing technical analysis and high-level charting reading. Newbies might also appreciate the Investing.com app for its educational materials – which include webinars and trading guides.

Minimum Deposit N/A
Investment Markets N/A
Pricing System N/A
Core Features Real-time market news, trading ideas, educational materials

Pros

  • One of the best free investment apps for research
  • Extenssive research and analysis tools

Cons

  • Does not allow users to invest in assets
  • The sheer depth of data can be complex to understand for newbies

9. Ally Invest – Low-Cost Invest App With Robo Advisor

Ally Invest review

Ally Invest is a popular investment app that also offers traditional financial services. This includes checking accounts and even personal loans. By opening an account with this provider, users will have access to thousands of US-listed stocks.

All stocks on the Ally Invest app can be traded at 0% commission. This is also the case with ETFs and options, albeit, the latter does attract a contract fee of $0.50.Bonds and mutual funds are supported too, but these instruments come with additional fees. Another feature that we like on the Ally Invest app for iOS and Android is its robo advisor.

ally invest app

From just $100, this allows users to have a portfolio built on their behalf. Assets will be selected based on the user’s appetite for risk and broader financial goals. There are no advisory or rebalancing fees when opening a robo advisor portfolio and the entire investment process is passive. The main drawback with Ally Invest is that it does not support fractional trading.

Minimum Deposit $0
Investment Markets Stocks, ETFs, bonds, mutual funds
Pricing System $0 commission on stocks and ETFs, fees on other assets
Core Features Robo advisors, no account minimums, wealth management accounts

Pros

  • One of the best beginner investment apps for robo portfolios
  • Offers 0% commission on US stocks and ETFs

Cons

  • No support for international stocks
  • Too basic for seasoned investors
  • IPO allocation is limited

10. E*TRADE – Huge Selection of Supported Markets and Account Types

E*TRADE review

E*TRADE offers a highly diverse range of supported markets and account types via its investment app for iOS and Android. Users can buy and sell US-listed stocks and ETFs at 0% commission. Options and futures can be traded at $0.65 and $1.50 per contract.

Other supported assets, such as bonds and mutual funds, come with various fees. We also like that E*TRADE allows its users to invest in upcoming IPOs. Another benefit of choosing E*TRADE is that it offers an account to suit most investor profiles. For instance, those looking to invest via a long-term retirement will appreciate the many IRAs on offer.

e*trade app

There are also managed portfolios in addition to standard brokerage accounts. A great option for passive investors is the core portfolios on offer, which require a minimum capital outlay of $500 and an advisor fee of 0.30% annually. These portfolios are managed and maintained on behalf of the investor.

Minimum Deposit $0
Investment Markets Stocks, ETFs, bonds, mutual funds, options, futures
Pricing System $0 commission on stocks and ETFs, fees on other assets
Core Features Managed portfolios, IRAs, margin accounts with competitive fees

Pros

  • Great selection of retirement accounts
  • No minimum deposit and accounts take just 10 minutes to open

Cons

  • No fractional shares
  • Limited number of investment tools
  • Pre-built portfolios require a $500 investment

11. Stockpile – Buy and Sell Stocks at 0% Commission From $1

stockpile app

Stockpile is a great option for complete beginners that wish to gain exposure to the US stock market with a small amount of capital. This app for iOS and Android devices allows investors to risk just $1 on each stock that they buy.

Moreover, Stockpile does not charge any commissions, so small investments are not penalized. Deposits via both ACH and domestic bank wires are fee-free. However, those making a withdrawal via a domestic bank wire will be charged $25. In addition to stocks, the provider also offers commission-free access to ETFs and ADRs.

stockpile app

The Stockpile app also allows parents to set up a separate investment account for their children. This is completely supervised, so orders will only be executed after approval from the parent. Another gimmick feature offered by Stockpile is the ability to gift a stock to someone.

Minimum Deposit $0
Investment Markets Stocks, ETFs, ADRs
Pricing System $0 commission on all markets
Core Features Parents can open a stock account for their children, no minimum deposits, free ACH transfers

Pros

  • Simple interface that supports $1 stock purchases
  • No account minimums and ACH transfers are free
  • One of the best investing apps for beginners

Cons

  • Domestic bank wire withdrawals cost $25
  • No passive investment tools
  • No support for crypto

12. Wealthfront – Managed Portfolios From Just 0.25% Annually 

wealthfront app

The final provider to consider from our list of the best investment apps is Wealthfront. This option will be suitable for those that wish to invest in the financial markets – but don’t have the knowledge or required time to research individual assets.

This is because Wealthfront offers managed portfolios – which are initially built based on the investor’s investment objectives and tolerance for risk. After the portfolio goes live, Wealthfront will automatically rebalance and reweight the basket of assets to ensure that it aligns with the investor’s goals.

wealthfront app

In terms of fees, Wealthfront charges just 0.25% annually for its managed portfolio service. This works out at just $2.12 per month for every $10,000 invested. We also like the tax-loss harvesting feature at Wealthfront. This allows investors to find tax savings automatically when the broader market dips.

Minimum Deposit $500
Investment Markets Managed portfolios
Pricing System 0.25% annual management fee
Core Features Portfolios are built based on investor profile, very low fees, responsible investment plan

Pros

  • Great investment app for those wishing to invest passively
  • Portfolios are managed on behalf of investors

Cons

  • Minimum investment of $500
  • No option to buy stocks individually

Top Investment Apps Compared

A comparison table of the top investment apps in the market today can be found below:

Investment Apps Commissions Min Deposit Core Features
eToro 0% commission on stocks/ETFs, 1% plus market spread on crypto $10 Copy trading, smart portfolios, no fees on foreign stocks
Webull 0% $0 Retirement accounts, technical indicators, no minimum deposit
Acorns 0% plus spread $3/month Automatically invest spare change, hand-picked portfolios, educational tools
Fidelity 0% on US-listed stocks $0 Advanced trading tools, $1 minimum stock trade, access to IPOs
Public 0% commission on stocks and ETFs, 1-2% on crypto $0 Very user-friendly, follow like-minded traders, earnings reports calendar
Robinhood 0% on all markets $0 0% commission on all markets, beginner-friendly, $1 minimum trade
Cash App 0% on stocks, fees on Bitcoin built into the market spread $1 Offers checking accounts and debit cards, buy stocks and Bitcoin from $1, easy to navigate
Investing.com N/A N/A Real-time market news, trading ideas, educational materials
Ally Invest 0% on US-listed stocks and ETFs $0 Banking and investment services, robo-advisors, low fees
E*TRADE 0% on US-listed stocks and ETFs $0 Managed portfolios, IRAs, margin accounts with competitive fees
Stockpile 0% on all markets $0 Parents can open a stock account for their children, no minimum deposits, free ACH transfers
Wealthfront 0.25% annually $500 Portfolios are built based on investor profile, very low fees, responsible investment plan

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

How We Select the Best Investment Apps

The process of choosing the best investing app for an investor’s financial goals and requirements can be somewhat cumbersome.

After all, not only does the user need to explore fees, supported markets, and safety – but accepted payment types and minimum deposits. The user-friendliness of the investment app also needs to be taken into account.

We explore the aforementioned factors and more in the following sections to ensure that our readers are able to select the best investing app for their needs.

Regulation

Online investment apps offering brokerage services to US clients must be in possession of the required regulatory approval from the SEC and FINRA. This ensures that investors are able to buy and sell assets in safety.

Our top-rated investment app – eToro, is not only regulated in the US, but the UK, Australia, and Cyprus.

Investment Options

The best investment apps in this space give access to a wide range of assets and markets.

At eToro, for instance, users can invest on a DIY basis in stocks – both from the US and 17 international exchanges. eToro users can also invest in ETFs and cryptocurrencies, and access Copy Trading and Smart Portfolio tools.

etoro investment app

In comparison, the Stockpile app only offers access to US-listed stocks and ETFs, alongside a small selection of ADRs. Wealthfront is thin on the ground in terms of investment options too, as its users can only access managed portfolios.

Fees

Fees should play a very important role when researching the best investing app for the job.

Before opening an account, investors should check what deposit fees apply, and whether there will be any ongoing maintenance charges. At Acorns, for instance, users are required to pay $3 and $5 per month on personal and family accounts, respectively.

Next, check to see what trading commissions apply – which can vary depending on the specific asset.

We found eToro to be the best free investing app, not least because its users can trade stocks and ETFs on a commission-free basis.

Mobile Experience  

Some of the investment apps discussed today offer a superb user experience. This means that even beginners can open an account and start trading assets without needing any prior experience.

Others, however, did come across as somewhat difficult to navigate, especially when it came to placing orders. If the investment app offers a demo account, be sure to use it before depositing any money.

Trading Tools

Trading tools are imperative to successfully outperform the market. Beginners will likely appreciate the Copy Trading tool offered by eToro, which allows users to mirror the investments of a seasoned pro.

Experienced traders will likely want access to advanced charting tools and technical indicators. Alerts are also handy when using an investment app, as the user will be notified when a specified asset hits a target price.

Minimum Deposit

It is also important to check what the minimum deposit requirement is when searching for the best app for investing. In most cases, the minimum will depend on the account being opened.

etoro trading app

For example, when opening a standard trading account with Webull, there is no minimum deposit requirement. But, if opting for a margin trading account at the same provider, the minimum stands at $2,000.

DIY or Managed 

Another metric to consider when researching the best investment apps in the market is whether the user will need to pick their own investments on a DIY basis, or if this will be professionally managed.

We like that the eToro investment app offers the best of both worlds. That is to say, eToro users can create their own basket of assets, or utilize the Copy Trading or Smart Portfolio tools for a passive experience.

Payment Methods

In most cases, US-based investment apps will support ACH and domestic bank wires only. This means that the user will not be able to make an instant deposit directly via the app.

In comparison, the eToro app supports a variety of instant payment methods – such as debit/credit cards and e-wallets like PayPal. Best of all, eToro charges no deposit fees on USD payments.

Customer Service

Users looking to obtain customer support should be able to do so via the respective investment app. In an ideal world, this should be offered via a live chat feature.

This will allow the user to speak with an agent in real-time. However, some investment apps only offer customer service via a support ticket. This can result in the user waiting hours or even days for a reply.

Micro Investing Apps

The age of digitization has opened up a whole new phenomenon in the trading sector – micro investing apps. Put simply, these are investment apps that support super-small trading minimums – which are oftentimes just a few dollars.

This is made possible through fractional trading, which means that users can buy just a very small percentage of a stock or cryptocurrency. For example, at eToro, clients can buy stocks, ETFs, and crypto from a minimum of just $10.

Therefore, if buying a stock that is trading at $1,000  and the user invests the minimum of $10, this would mean that 1% of the asset is owned. Not only are micro investing apps great for beginners – but also for those on a budget.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Are Investment Apps Safe?

We mentioned earlier that the best investment apps in this space are heavily regulated. This means that by using an app that is approved and licensed by the SEC and FINRA, investors can be sure that they are trading in a safe and secure environment.

Licensed investment apps are required to comply with a wide range of regulatory guidelines, especially when it comes to KYC (Know Your Customer).

This means that all new customers must have their identity verified before the investment app can offer brokerage services. This is often just a case of entering some personal information and taking a photo of a government-issued ID.

In order to stay safe, beginners are advised to consider that all investments carry an inherent level of risk. And therefore, investors should never risk more than they are comfortable losing.

How to use an investing app – eToro Tutorial

Those looking to start trading stocks, ETFs, crypto, and more via a top-rated investment app eToro can follow the step-by-step tutorial below.

US clients can open an eToro account in a matter of minutes and then deposit funds instantly from just $10, before having access to thousands of investment markets.

Step 1: Open an Account

Before downloading the app, head over to the eToro website and register an account by clicking on ‘Join Now’. Next, a registration form will appear – fill it out by entering an email address and a preferred username and password.

etoro app

Next, provide some basic personal information – such as a name, home address, and social security number. Finally, upload a copy of a government-issued ID for the KYC process.

Step 2: Download eToro App

The next step is to download the eToro investment app. The app is free to download and compatible with both Android and iOS devices.

Step 3: Deposit Funds

After logging into the eToro app, it is then time to deposit some investment funds. Once again, US clients are required to meet an account minimum of just $10 and no fees are applied.

etoro app

Those wishing to deposit funds instantly should choose from a debit/credit card or a supported e-wallet like PayPal.

Step 4: Search for Asset 

The next step is for the investor to search for the asset that they wish to trade. There are two ways to do this. Those that already know the respective asset can type it into the search bar and click on ‘Trade’ to populate an order box.

buy apple stock on eToro app

The other option is to click on ‘Discover’. The eToro app will then display the many markets and assets that it supports. In our example above, we are searching for Apple stock.

Step 5: Invest  

The final stage is to set up an order. As per the image below, we are looking to invest $10 into Apple stock. Users simply need to specify their desired investment stake – from $10 upwards.

buy apple stock on eToro app

To confirm the order, click on the ‘Open Trade’ button.

Conclusion

The best investing apps in the market today have been reviewed and ranked. While there are many options to consider, we found that the overall best investment app is offered by eToro.

It takes just minutes to get set up with an account and USD payments are fee-free – even when depositing with an e-wallet or debit/credit card.

We also like that the eToro supports fractional trading from just $10 and no commissions are charged on stocks or ETFs.

etoro review

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

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