Investment apps make it easier to build wealth, leveraging compound interest over time instead of hiding cash under the mattress. The best investment apps promise low trading fees, easy to use platforms, and robust educational resources. They also tend to offer plenty of investment choices, including stocks and ETFs. TD Ameritrade is one of the top picks for beginners because it offers a wide variety of accounts, including retirement accounts, and no commission fees on stocks, ETFs, mutual funds, and even options and futures.Find out :theinvestorscentre.co.uk

Top Investment Apps for UK Beginners in 2024

Beginner-friendly investing apps also provide educational tools, such as interactive charts and research reports, to help users understand what they’re buying into. They may also let you transfer money directly from your bank account into your investment app and schedule recurring payments, such as weekly or monthly deposits. Some also offer features that can help you manage your portfolio, such as dynamic rebalancing.

Stash is an ideal beginner-friendly investment app because it focuses on educating newcomers to the market through its Stash Coach feature, which is both a game and learning tool. It also prioritizes its user experience by not charging a fee on stock and ETF trades, offering low minimum deposit amounts, and providing access to real-time news and third-party research. Unlike some of its competitors, Stash doesn’t pay interest on its uninvested cash balances, which can be beneficial for beginners who want to stay in control of their spending and saving habits. Other beginner-friendly investment apps include Acorns, which lets you invest in a diverse collection of micro-cap companies with automatic contributions from your linked debit or credit cards through its Round-Ups program.