10 Micro-Investing Apps to Help You Grow Small Amounts of Money

Investing seems exclusive for wealthy people, but it's a half-truth. Sponsoring apps allow individuals to enter the stock market with a small amount. Such micro-investing Programs provide the opportunity to invest securely and earn a decent sum on that amount in the long term. Here, we cut the noise for you and selected the ten best investing apps.

1. Betterment

Office worker using phone with laptop on desk.
Photo Credit: Shutterstock.

This American Financial advisory company helps people manage their cash and allows them to acquire digital assets. With diversified portfolios and easy access, betterment is a haven for individuals ready to enter the market. Betterment's portfolio consists of low-cost ETFs suitable for someone just starting. Luckily, betterment has no minimum requirement for capital and only has a 0.25% annual account fee.

2. Acorns

Woman with laptop looking at phone
Photo Credit: Shutterstock.

Everyone wants to put their saved money to work as money attracts money. That is why people seek automated algorithm-driven wealth management services. Acorns is one of them. This reached our list because it allows inexperienced investors to start with a bite-sized amount. Investors can link their debit card or credit with Acorns, so it deducts the balance when a purchase is made.

3. Robinhood

Photo Credit: Shutterstock.

Everyone must have heard of this fantastic service, the best in the league. This was the first company not to charge users a commission for buying or selling stocks. Individuals can easily trade Crypto, Options, ETFs, and stocks. However, Robinhood does not allow mutual funds and bonds. You may need to use another program to diversify your portfolio. Investing with Robinhood is easy. You have to be 18+ to open an account, and you can dive into the funding pool.

4. Webull

Photo Credit: Shutterstock.

Webull is a holding company headquartered in New York. Like Robinhood, it offers commission-free trading of stocks, Cryptos, ETFs, and Options. Without any minimum requirement, this program attracts novice traders. It currently runs IRAs so users can manage their retirement funds and stocks. To invest with Webull, you have to follow a few easy steps. First, open a Webull account; logging in to that account has been easy so far. After that, fund your account with wire transfer or microdeposits. Lastly, place the order. Here you go.

5. SoFi

Couples discussing
Photo Credit: Shutterstock.

This automated personal finance application is perfect for beginner and cost-conscious traders. You can start venturing with SoFi for as low as $5, making it easier for everyone to get started. SoFi offers free access to financial advisors and also free portfolio management. Like Webull, you must open an account ( Brokerage account ), determine your budget, research the stocks, and place the order.

6. Charles Schwab

Image Credit: Adobe Stock.

Interestingly, this old stuffy firm steals the spot on the list of top financing companies. Thanks to its user-friendly interface and wide selection of Portfolios with helpful research guides. Charles Schwab has an excellent promo service for newcomers. When you open the account, you will win a free stock of $101. Everyone can easily invest in this platform. You must open an online brokerage account, which only takes ten minutes, and with its biometric security and ATM fee rebates, the application is relatively reliable.

7. WealthyHood

Couple working on a budget
Photo Credit: Shutterstock.

This funding platform emerged mainly in the UK and caught beginner traders' attention. It stands high in the competition due to its simple investment process and features that resonate with those just starting. It has diverse investment choices such as Stocks, ETFs, Fractional shares, and more. WealthyHood basic plan is free, and you can start with a minimum investment of 1 pound.

8. Fidelity

Photo Credit: Adobe Stock.

This other firm has been around in the staking realm for decades. Despite its age, Fidelity still managed to be in the game. It has a broad selection of 4300 mutual funds. And if you deposit $50 in Fidelity, you will get a fantastic promo of $150. To participate, choose the account type and figure out what you are investing for. Open the account, invest the funds, and relax. Fidelity's watchlists and alerts are helpful for potential risks and investment opportunities.

9. Wealthify

Photo Credit: Adobe Stock.

For ethical investments, the perfect opportunity would be to choose Wealthify as your best option with a 0.7% starting fee. Beginners can invest with as little as they would like or go as high as they can with this app with monthly build-up plans and solid upward financial streaks. It is a user-friendly application with diverse professional management and uses trained professionals who invest according to your desires. 

10. Stash

Happy Woman Smiling walking with phone in hand
Photo Credit: Shutterstock.

Narrowed-down investment options make Stash the most reliable application for micro-investment purposes. It also stratifies users' shares into fractions and invests them wisely to secure the invested money and gradually increase income streams over shorter periods. Stash could benefit retirement plans and job holders to save extra money for their children and a brighter future with little to no worries.

“Trust Shattered” No One Will Ever Trust You Again If You Do These 10 Things

Photo Credit: Adobe Stock.

Trust forms the foundation of any healthy and meaningful relationship. The delicate thread binds individuals together, fostering openness, vulnerability, and a sense of security. However, trust can be fragile and easily shattered by certain behaviors and actions. Recently people shared some of the fastest ways to lose trust in others.

Ready to make your first budget?

Enter your email and get the free template


“What Were Boomers Thinking?” 10 Cringe-Worthy Modern Things Future Generations Will Wonder About

Love, hiking and portrait of old couple holding hands on nature walk in mountain forest.
Photo Credit: Shutterstock.

As time moves forward, certain practices, beliefs, and customs become outdated, irrelevant, or downright embarrassing to look back on. Now we will explore the opinions of various individuals about the current state of affairs and how people in the future might look back on them with disbelief. 

“Blood Clots Are Unpredictable?” 20 Breathtaking Scientific Facts That Don't Seem Real

Photo Credit: Adobe Stock.

Are you ready for a scare? Buckle up for a ride through some of the scariest scientific facts out there.

“Yes, Everyone Has A Gallon Of That” 10 Weird Things Foreigners Believe Everyone in American Has

Image Credit: Adobe Stock.

“Is America The Best Country?” 20 Terrible Things About The USA Many Don't Want to Accept

Image Credit: Shutterstock.

The American culture is diverse and unique, but some aspects of it can take time to accept by people from other countries. Recently on an online platform, people have shared their thoughts on some of the challenging aspects of American cultures, such as casual debt, limited vacation time, school mascots, zero-tolerance policies, and more.

[mashshare]

How I make $11,000 per year renting out my spare rooms?

Get access to my FREE guide now.