Best Investment Apps for 2021
Mobile phones have achieved deeper penetration than other devices like desktop computers, laptops, and tablets. Most people in the US are already using a smartphone. Most of an individual’s social and financial activities also happen through the phone.
Stockbrokers and asset management companies also seem to have adopted the mobile-first mantra in their strategies. Most of them have apps that allow you to invest, track your portfolio, and perform multiple functions with just a few taps.
Thanks to mobile apps, you do not need to speak to a financial advisor on the phone for half-an-hour just to get started with your portfolio. You can simply answer a few questions and get a tailor-made portfolio.
Alternatively, you can directly invest in stocks and mutual funds of your choice. You also do not have to wait for the quarterly report to find out where your investments stand.
You can check the value of each of your investment on any day or night. In that sense, mobile apps are time-efficient and they give you a lot of control over your investment portfolio.
Many technology-driven platforms and fintech companies have entered the asset management industry in recent times. There are plenty of investment apps available to every investor.
The key is to find the ones that are the best in terms of the user interface, the features they offer, and the costs involved. Other factors like customer service, data security, and other specific features are also important for some users.
Below is a list of investment apps that we found to be the best among the various offerings currently available.
If you are the kind of investor that actively does research and invests in a variety of asset classes, then E-trade offers plenty of options. You can invest in stocks, bonds,