.png){kind=logo}
As more people embrace the power of small, incremental investing, micro-investment apps are gaining popularity as accessible tools for financial growth. These platforms let users start investing with minimal funds, making them ideal for beginners, younger investors, and anyone looking to diversify their portfolios without a major upfront commitment. Here are some of the top micro-investment apps to try in 2024, each offering unique features to help you make the most of your money.
Acorns is one of the most well-known micro-investment apps, designed to make investing effortless by rounding up your everyday purchases to the nearest dollar and investing the spare change. Users link their bank accounts to Acorns, and the app rounds up transactions, turning small sums into investments. Acorns also offers features like Acorns Later for retirement savings and Acorns Early for kids, making it a great choice for users interested in long-term goals.
Best For: People new to investing who want an automatic, hands-off approach to building wealth.
Stash stands out as a micro-investment app that provides a high level of customization for investors. It’s designed to help users learn as they go, offering fractional shares of thousands of stocks and ETFs, along with curated portfolios. Stash also includes tools to help users understand risk levels and create a plan based on their financial goals. The app combines banking, stock trading, and educational resources, making it ideal for beginners who want a bit more control over their investments.
Best For: Beginners seeking guidance, flexibility, and educational resources while investing.
Robinhood popularized the no-commission trading model, making it easier for everyday users to invest in stocks, ETFs, and cryptocurrency without incurring fees. While not a micro-investment app in the traditional sense, Robinhood allows users to invest small amounts by purchasing fractional shares, so you can own parts of expensive stocks without breaking the bank. For users interested in expanding into cryptocurrency, Robinhood is also an excellent choice.
Best For: Those looking to start investing in stocks and crypto without fees.
Public is a unique micro-investment app that combines investing with social networking, allowing users to follow each other’s portfolios, share insights, and discuss market trends. Like Robinhood, Public offers commission-free trading, fractional shares, and even crypto options. The public emphasizes transparency and community learning, making it popular among young, tech-savvy investors who want a social element to their investing journey.
Best For: Users who value community and want to learn from others while investing.
Betterment offers a goal-based, automated investing experience. While not a traditional micro-investment app, it allows users to start with as little as $10, providing a low-cost entry point for beginners. Betterment is especially attractive for those who prefer hands-off investing, as it automatically manages and rebalances your portfolio based on your goals and risk tolerance. Betterment also provides retirement accounts and personalized advice for a well-rounded investment experience.
Best For: Those looking for low-cost, automated investing with minimal involvement.
Micro-investment apps appeal to those looking to build wealth without substantial capital. These platforms are accessible, often with user-friendly designs, educational resources, and low fees. For beginners, they provide an entry into the world of investing and teach the importance of consistency over time. Micro-investing also attracts younger investors who may not have large sums but still want to grow their money. With these apps, you can start investing without worrying about high costs, making the journey to financial security more manageable.
Micro-investment apps provide a fantastic way to make investing a part of everyday life, offering convenience and flexibility that traditional brokerage accounts may not. Whether you are looking for an automated experience, educational tools, or a more social approach, these apps make it easy to start your investment journey. In 2024, the financial landscape is more accessible than ever—take advantage of it with these top micro-investment apps and start building your wealth, one small step at a time.
