5 Best Investing Apps for Beginners

Being a beginner to investing can sometimes be overwhelming, especially if you don’t know where to start. Fortunately, with the rise of smartphones and apps, learning how to invest and keeping track of your investments is easier than ever before and  proving to be increasingly important as markets become more democratized and accessible to all. Here are the some of the best investing apps to download if you are new to investing and want to up your game:

1. Best for learning while investing: Stash

If you are hoping to learn about investing and invest at the same time, Stash is the app for you. Stash is a great app for beginners because it offers educational content and games that make it fun and easy to learn about investing and other topics in financial literacy. Along with learning, Stash provides recommendations on building a portfolio and allows you to invest at a $5 minimum, with minimal fees, and offers a wide range of investment options and visualization tools.

You can download the app here:

• iOS download link: https://apps.apple.com/us/app/stash-invest-investing-financial/id1017148055
• Android download link: https://play.google.com/store/apps/details?id=com.stash.stashinvest&hl=en 

2. Best for learning through games: Invstr

Invstr is a fan favorite among beginner investors because of the way it teaches users about different aspects of investing through its game. The game gives users one million dollars-worth of fake money to “invest” in the market. This helps users get a feel for investing and managing a portfolio before there is real money at stake. On top of that, the app has real cash prizes, and a great community, news feed, and educational section where users can learn about different investing terms, tactics, and styles.

You can download the app here:

• iOS download link: https://apps.apple.com/GB/app/id881389278?mt=8
• Android download link: https://play.google.com/store/apps/details?id=com.invstr.invstrandroidv3&referrer=af_tranid%3DS4RBQM4SvHA5xfUW7YPiRQ%26pid%3Dwebsite%26c%3Dhome%26af_web_id%3D1d40462b-2bac-4f1b-a2af-624879c16391-p

3. Best for getting a head start: Greenlight

Greenlight is an allowance and debit card app meant for children. The app also has a wide range of educational content focused on financial education and trading. Through this content, kids are able to gain access to Morningstar analyst notes,  and educational videos to help them learn about investing. With parental approval, kids can also trade stocks on the app starting at $7.98 a month. 

You can download the app here:

• iOS download link: https://app.greenlightcard.com/jfqIB6JNCV
• Android download link: https://play.google.com/store/apps/details?id=me.greenlight&hl=en

4. Best for learning through community and entertainment: Qooore

Qoore is an app designed to make trading less complicated by guising educational financial content in the form of a social media app. You can swipe through the app to learn more about specific stocks, get real time stock information, and discover new avenues of content through recommendations like financial literacy podcasts. You can also tap a heart to “like” a stock, take quizzes to test your knowledge on investing, and join discussions about stocks through Qooore’s Discord server.

You can download the app here:

• iOS download link: https://apps.apple.com/ru/app/qooore/id1536628674
• Android download link: https://play.google.com/store/apps/details?id=com.qooore

5. Best for understanding the markets: Nasdaq Markets

We would be remiss not to mention our new Nasdaq Markets App, which offers a quick and detailed view of the markets. Dind real-time stock quotes, forward-looking news and insights, detailed company profiles, and market data on indexes, funds, cryptocurrencies, and more. Through the wide selection of content on the app, you’ll be better suited to understand current market trends, and keep track of your stocks, indexes, and ETFs of interest.

You can download the app here:

• iOS download link: https://apps.apple.com/us/app/nasdaq-quotes/id1139720435
• Android download link: https://play.google.com/store/apps/details?id=com.nasdaq.Quotes&hl=en_US&gl=US

While investing could be a great tool for financial stability and success, it’s important that you have a foundation of education before putting any of your money into the market, and that you avoid treating investing like gambling. Instead, understand that there is a lot to gain out of learning about your stocks and other investments of interest before buying. These apps are all a great start to a successful investing journey, and you can even use a mix of a few of them to really reap the benefits of educating yourself about investing.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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