Top 7 investment apps on the market and what they offer

In the digital age, we conduct a lot of our day-to-day activities via apps— from email, to using calculators, to texting and even investing. There are several different apps in the digital marketplace to facilitate investment and here are the best ones and what they offer, so you can make the most of your investments today.

Trading 212 started life as a forex trading app but has developed to include general stock market trading, as well as investing in commodities like gold, cryptocurrency and ISAs.

It’s currently one of the most popular investment apps in the UK, allowing anyone to trade from just £1. You can also buy fractional shares—and all with zero commissions on trades.

An easy access investment app, Freetrade’s slogan is “investing made simple”, allowing commission-free trades, fractional US shares and access to over 4,700 stocks and ETFs, all on a basic free account. You can invest with a standard or plus account, which allows access to a stocks and shares ISA as well as more stocks.

All accounts also offer 1-5% AER on up to £1000 of uninvested cash.

Moneybox is a multi-use app, which can be used to encourage saving with regular contributions into long-term ISA accounts or into investment accounts. The app offers a simple to navigate interface for depositing and withdrawing money, with 3.8% t AER offered on money held in the Moneybox Stocks & Shares ISA.

Coming onto the market in 2007, eToro is a trusted brand and easy-to-use app that allows you to earn up to 5.3% annual interest and invest in 20 global stock exchanges. Using eToro you can invest in stocks, ETFs, crypto and more, with an enticing 0% commission rate on stocks and ETFs and. Joining will see you added to a community of 30 million other users that also invest with the app, who you can interact, share trading ideas and communicate with.

Available on iOS and Android, Plum is a multi-purpose app, with aims for easy automated saving, budgeting and investing.

The app features a dedicated investment platform for investing in stocks, funds and tax efficient SIPPs (Self Invested Personal Pension), allowing you to build up the portfolio of your choice. You can choose to invest in different funds focusing on certain sectors, for example technology, consumer goods or with indexes like the S&P 500.

Sign up here today and you’ll be eligible for a free £5 cashback if you have £100 in your Plum account after 90 days (Ts&Cs apply). For more information on Plum visit - https://withplum.com/legal/terms.html

Chip is an app made for easy saving and investing, with the aim of building long-term wealth. There are a few offers in the app high interest savings accounts (up to 5.10% in the cash ISA). When investing with Chip, you’ll pay zero per cent on platform fees with the Chip Stocks & Shares ISA, although you can only access that ISA on the ChipX plan (which costs £5.99 a month).

Standard investing can still be undertaken on the free plan but with fewer stock options available to choose from.

Wealthify is another low commitment investment app that allows you to invest in stocks from as little as £1. The investment offers include a general investment account, ethical investment opportunities, a junior ISA for allowing you to save up to £9,000 every year for your child and a general stocks and shares ISA.

The app also offers a personal pension account as well as an instant savings account. You can manage your money on the Wealthify website or via the app itself.

With so many apps available, you should make sure to research the different apps and find what suits your investment style and what you can afford to invest. Though conveniently a lot of popular apps now offer investing with low commitment, always remember your capital is at risk and investments can go down as well as up.

You should always speak to an independent financial adviser for additional guidance. Unbiased can connect you with a local financial adviser that is regulated by the Financial Conduct Authority (FCA) today.