If you’re looking to invest in the stock market, then there are plenty of websites and mobile apps to help you along the way, giving you tips on how to get started and how to grow your portfolio, even if you’re not an expert. The best part? You can do it all online, whether you’re sitting at home or commuting to work on the train, so it doesn’t even interfere with your daily routine! Here are 10 investment platforms that will be best in 2022 so that you can start planning early.
1) E*TRADE
ETRADE is an investment platform that you can use to buy and sell stocks, ETFs, mutual funds, bonds, and more. You can use the ETRADE app or website to manage your investments on the go. Plus, they offer a variety of educational content if you’re just starting out with investing.
2) Fidelity Investments
Fidelity Investments is a company that provides investment services for individuals and institutions. They offer a variety of different investments, including stocks, bonds, mutual funds and annuities. Fidelity Investments also offers retirement planning tools and financial advice.
Fidelity Investments was founded by Edward C. Johnson II in 1946 as a brokerage firm with the goal of providing individual investors with the best possible service at an affordable cost.
3) TD Ameritrade
TD Ameritrade is a well-known investment firm that has been around for decades and continues to be an industry leader. It offers traditional investment services like stocks, options, ETFs, and mutual funds as well as personalized advice from a TD Ameritrade advisor. The best part is that they have no account minimum so you can get started with investing on your own terms.
4) Charles Schwab
Charles Schwab is one of the most reliable investment platforms out there. They are regulated by the Securities and Exchange Commission and their customer service is outstanding. Charles Schwab offers some of the lowest transaction fees, which is great for people with smaller budgets.
5) Robinhood
Robinhood is a commission-free trading app, which means that you can trade stocks, ETFs, options, and cryptocurrencies without paying any fees. The app is easy to use and has extensive research capabilities. They also have no account minimum so it’s perfect for those just getting started with investing. If you’re looking for an app that offers great customer service or some of the other bells and whistles that come with other investment platforms, then Robinhood might not be for you.
6) SoFi Invest
SoFi Invest provides a way for you to invest without paying any management fees. SoFi Invest invests exclusively in ETFs and index funds, which means that you’ll have exposure to the entire market.
- You won’t pay any management fees.
- You’ll have exposure to the entire market through ETF and index fund investments.
7) Acorns
Acorns is a mobile app that rounds up your everyday purchases, so you can invest the change. The Acorn app invests your spare change into an investment account based on what you are most interested in. Acorns partners with many different companies including Acorns Later, Venmo, and Apple Pay. For example, when you buy a coffee at Starbucks with your Apple Pay, Acorn will round up the purchase to $2.50 and invest the 50 cents into stocks from Vanguard’s S&P 500 ETF fund.
8) Stash
Stash is a personal finance company that manages your investments and wealth. Stash allows users to invest with as little as $5, with no minimum balance requirement or management fees. It offers a variety of investment options, including stocks, mutual funds, ETFs, and more. Stash can be accessed on the web, iOS and Android devices.
9) Betterment
Betterment is a long-time player in the investment game. They are not only an investment platform, but they also offer 401k, 529 plans, and other financial products. They have competitive fees and a robust set of features that make them a great option for anyone looking for a low-cost way to start investing. Betterment has been around since 2008 and is backed by some of the biggest names on Wall Street including Visa, Fidelity Investments, and Goldman Sachs.
10) Wealthfront
A robo-advisor service, Wealthfront is a self-described financial advisor and wealth manager. It uses algorithms, or computer programs, to make investment decisions on behalf of its clients. The company also provides access to human advisors for those who want them.
