The best investment apps for beginners for iPhone are the ones that have a user-friendly interface, easier to set up and use, and have very low or no usage fees.
Investment apps allow you to select from various investment options and rates based on your goals and your budget, and there are a ton of great options to choose from.
In this list of best investment apps for beginners, we have selected the most popular and beginner-friendly apps that provide easy options for people with little to no investment experience.
You can use these apps to do different types of investments, including bitcoin, currency, and buying stocks and shares of companies in the stock market.
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If you are new to the investment game and are looking for beginner-friendly and straightforward iPhone apps for investing your money and increasing your saving, and achieving your financial goals, then this post is for you.
Best investment apps for beginners for iPhone 2020
Crypto.com is one of the most popular investment apps for iPhone where you can buy and sell bitcoin and many other popular cryptocurrencies in the market.
The app is very beginner-friendly, and you can download the app and set up your account in a matter of minutes and start buying a cryptocurrency of your choice.
You can earn p to 8% p.a. on your cryptocurrency investments and about 12% p.a. on your stablecoins investments.
The Crypto.com app has options to buy and sell over 70 different cryptocurrencies at their actual cost, with no fees involved.
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You can use any of your existing credit or debit cards or even your bank accounts to buy popular crypto coins like Bitcoin, Ethereum, or Litecoin.
If you are a beginner and are looking to invest in cryptocurrency and increase your savings, then the Crypto.com investment app for iOS is a great place to start.
Goodments is another great investment app for beginners for the iPhone. It comes with a practice mode, learning tools, and education material to help you learn the basics of investing.
The app allows you to invest in any 2500+ available companies with as little as a $1 investment, probably the lowest cost investing in the market.
There are many investment options like fractional trading and diversified funds, and you can download the app and start investing in less than 5 minutes.
The Goodments app also shows you suggestions to invest your money based on your values, and you can also track the impact of your investments and their financial performance directly from the app.
Raiz is probably one of the most unique and innovative investment apps available for the iPhone. Instead of manually investing a particular amount of money, the app automatically invests the spare change from your purchases.
Once you connect your bank account to the Raiz app, the app will monitor your everyday transactions and say if you spent $8.80 on something. The Raiz app will automatically invest the remaining $1.20 into any of the available shares.
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Of course, you also have the option to invest any amount of money you would like manually. Still, this app is excellent for beginners who don’t have much idea about investments as it automatically does the work for them.
The Spaceship investment app for iPhone has a great design and a user-friendly interface perfect for beginners.
The app does not have any minimum investment requirements, and you can download and start using the app in a few minutes.
You can select from various portfolios based on your investment budget and your financial goals, and then link your bank account to start investing.
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The Spaceship app also does not have any fees for the first $5000 investment you make, and even after that, it is as little as 0.05% or 0.10%.
You can also set up automatic weekly or monthly investing plans in the Spaceship app and track your investment portfolio growth.
The Stake is a beginner-friendly investment app for iPhone that allows you to trade on US stocks exclusively.
The app also gives you free stock if you add funds to your Stake account within 24 hours of downloading and setting up the app.
One of the best things about the app is that it digitally completes your US tax form without you having to fill any paperwork.
You also don’t have to pay any additional fees or transaction charges for using the app, including advanced orders and fractional shares.
The app lets you analyze the US stocks in detail and make an informed decision to invest in the 3800+ stocks and ETFs options available.