Investing your money can help you grow wealth over time. In today’s digital world, there are many apps that make investing easier, even for beginners. These apps are designed to help you manage your money, buy stocks, bonds, ETFs, and other assets with just a few taps on your phone. In April 2025, several investment apps stand out due to their user-friendly design, low fees, and helpful features.
This article will introduce you to the best investment apps for April 2025. We’ll look at what each app offers, its pros and cons, and help you decide which one is right for you.
Contents
Best Investment Apps for May 2025
Here is the list of best investment apps for may 2025.
1. Robinhood
Robinhood has been a popular investment app for several years, especially for people who are just starting to invest. It’s well-known for offering commission-free trades, which means you don’t pay a fee to buy or sell stocks, ETFs, or options. This makes it a great choice for beginners who want to get started without worrying about high costs.
Key Features:
- No Commission Fees: Robinhood is famous for offering commission-free trades on stocks, options, and cryptocurrencies.
- Fractional Shares: You can buy fractions of shares, making it easier to invest in expensive stocks like Amazon or Tesla with just a small amount of money.
- Cryptocurrency Support: Robinhood allows you to trade popular cryptocurrencies like Bitcoin and Ethereum alongside stocks and ETFs.
- Easy-to-Use Interface: The app is simple and user-friendly, making it easy for beginners to get started.
Pros:
- No account minimum, so you can start with any amount.
- A user-friendly design that makes investing easy.
- Fractional shares allow for more flexibility.
Cons:
- Some users complain about limited customer support.
- Lacks some advanced features for experienced investors.
- Robinhood has faced criticism for outages during periods of high market volatility.
Who Should Use It:
Robinhood is perfect for beginners who want to start investing without paying commission fees. It’s also a great choice for those who want to trade cryptocurrencies.
2. Fidelity Investments
Fidelity is a well-known investment firm that has created a powerful and reliable mobile app. It’s one of the largest and most trusted financial institutions in the world. Fidelity’s app is great for both beginners and experienced investors.
Key Features:
- Low Fees: Fidelity offers commission-free trades on U.S. stocks, ETFs, and options.
- Wide Selection of Investment Options: You can invest in stocks, ETFs, bonds, mutual funds, and even retirement accounts like IRAs.
- Research Tools: Fidelity provides in-depth research tools and resources, including stock analysis, news, and charts.
- Retirement Accounts: Fidelity is a great choice if you want to open an IRA or manage your 401(k).
Pros:
- Reliable and trusted platform with a long history in the industry.
- Great research tools and educational resources for investors.
- No account minimum for standard brokerage accounts.
Cons:
- Some features may be more complex for beginners to understand.
- Customer service can sometimes be slow.
Who Should Use It:
Fidelity is ideal for both beginners and experienced investors. If you want to manage a retirement account or need more research tools, this app is a great choice.
3. Betterment
Betterment is a robo-advisor, which means it uses technology to automatically manage your investments for you. Instead of picking your own stocks, Betterment builds a portfolio for you based on your risk tolerance and goals.
Key Features:
- Automated Investing: Betterment uses algorithms to automatically invest your money in a diversified portfolio of ETFs.
- Goal-Based Investing: You can set different investment goals, like saving for retirement or a down payment on a house, and Betterment will tailor your investments to help you reach those goals.
- Tax-Efficient Strategies: Betterment uses strategies to help reduce the amount of taxes you pay on your investment gains.
- Low Fees: Betterment’s fees are generally lower than traditional financial advisors.
Pros:
- Hands-off investing for people who don’t want to pick individual stocks.
- Great for long-term investors who want automated portfolio management.
- Tax-smart investing strategies to help reduce tax burden.
Cons:
- You don’t have control over individual stocks or assets in your portfolio.
- The fees are higher than completely free options like Robinhood.
Who Should Use It:
Betterment is a great choice if you don’t want to spend time choosing individual investments. It’s also ideal if you’re saving for long-term goals like retirement and want a hands-off approach to investing.
4. Wealthfront
Wealthfront is another robo-advisor similar to Betterment. It’s known for offering automated investment management services with low fees and powerful tools.
Key Features:
- Automated Portfolio Management: Wealthfront uses algorithms to manage your investments based on your risk tolerance.
- Tax-Loss Harvesting: This feature helps you reduce your taxable income by selling losing investments to offset gains from other investments.
- Financial Planning Tools: Wealthfront offers planning tools that help you set goals, track spending, and manage your finances.
- Low Fees: Wealthfront charges a small management fee compared to traditional financial advisors.
Pros:
- Offers comprehensive financial planning tools.
- Tax-loss harvesting feature to help minimize taxes.
- Great for investors looking for a simple, hands-off approach.
Cons:
- Limited ability to choose individual stocks or assets.
- Doesn’t offer as much flexibility as a traditional brokerage.
Who Should Use It:
Wealthfront is perfect for investors who want a hands-off approach to managing their money and are looking for low-cost portfolio management. It’s also great for people who need help with financial planning.
5. Acorns
Acorns is an investment app that helps you save and invest by rounding up your everyday purchases. This makes it easy to invest small amounts of money over time without having to think about it. Acorns is a great option for people who want to start investing but don’t have a lot of money to start with.
Key Features:
- Round-Up Investments: Acorns links to your bank account and rounds up your purchases to the nearest dollar, investing the spare change.
- Diversified Portfolios: Acorns automatically invests your money in a diversified portfolio of ETFs.
- Automatic Contributions: You can set up automatic daily, weekly, or monthly contributions to grow your investment.
- Retirement Accounts: Acorns also offers retirement account options, including IRAs.
Pros:
- Easy to use and great for beginners.
- Helps you invest small amounts of money automatically.
- Low fees for small investors.
Cons:
- The round-up process might take time to add up to significant amounts.
- Some users feel that the fees are a bit high for small investors.
Who Should Use It:
Acorns is perfect for beginners or anyone who wants to invest spare change without thinking about it. If you want to start small and gradually grow your investment, Acorns is a great app to consider.
6. SoFi Invest
SoFi Invest is a versatile app that offers commission-free trading on stocks, ETFs, and cryptocurrencies. SoFi is known for its wide range of financial products, including loans, credit cards, and personal finance tools.
Key Features:
- Commission-Free Trading: SoFi allows you to trade stocks, ETFs, and cryptocurrencies with no commission fees.
- Fractional Shares: You can buy fractional shares of stocks, which makes it easier to invest in expensive companies.
- SoFi Money: SoFi also offers a cash management account that allows you to earn interest on your savings.
- Financial Planning Tools: SoFi provides financial planning tools and educational resources to help you make informed decisions.
Pros:
- Easy-to-use platform with a wide variety of investment options.
- No fees for trading stocks and ETFs.
- Provides personal finance tools like student loan refinancing and credit cards.
Cons:
- Limited research tools compared to some other apps.
- Customer support can be slow at times.
Who Should Use It:
SoFi Invest is ideal for beginners who want to invest in stocks, ETFs, or crypto without paying fees. It’s also a good choice for people who want a full-service financial platform that includes banking and loans.
Conclusion
There are many investment apps available today, each with its own unique features and benefits. The best investment app for you will depend on your individual needs, goals, and experience level. If you’re just getting started and want an easy way to invest without paying fees, Robinhood or Acorns might be a good choice. For more advanced features and research tools, Fidelity or SoFi Invest could be a better fit. If you’re looking for a hands-off, automated approach to investing, Betterment or Wealthfront might be the right app for you.
Remember that investing involves risks, and it’s important to do your own research or speak with a financial advisor before making decisions. But with the right app, you can start building your investment portfolio today and work toward achieving your financial goals.