Investment Apps for Beginners

For many people, Best Apps for UK Investors seems like a daunting task. After all, you have to know how much money you want to invest and when you plan to use it (to pay for a new car, protect against inflation or save for retirement). But with the right investment app in place, you can make your money work harder for you — all from the comfort of your smartphone.

There are a variety of apps to choose from, but the best investing app for beginners should have an easy-to-use interface and extensive research functionality. Look for an app that has real-time news, market news and third-party research to help you develop a better understanding of your investments.

The Best Investment Advice for High Returns

You should also consider fees and minimum investment requirements when choosing an investment app for beginners. Ideally, you should pick an app that has low fees and a lower minimum investment, to maximize your returns. Additionally, check if the app is registered with financial regulators and adheres to industry standards to ensure your privacy and security.

For example, Charles Schwab offers commission-free trading for beginners and boasts a mobile app with a wide range of investing options. Its user-friendly platform features a customizable watchlist, research tools and alerts. It also provides education resources and a virtual trading simulator to practice before investing in real time. Another great option is Stash, which focuses on educating beginner investors while helping them build a portfolio of ETFs and individual stocks. It does this through an account that rounds up purchases made on linked debit or credit cards, and then automatically invests the change in a diversified portfolio.