Best iPhone Tools for Investors on the Go
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Investing has become so accessible that anyone can do it from their iPhone. Not only that, but with the current state of the world, everyone probably should.
You've probably heard it before, but investing enough of your money in safe investments will guarantee that you have what you need once you retire.
Investing doesn't have to be complicated, but you do need to know what you're getting yourself into. Most experts recommend that you only invest in safe investments and diversify your portfolio as much as possible.
The best part is that, as we mentioned, you can start investing using your iPhone. All you need to do is download the right tools.
Whether you want to invest passively or give day trading a shot, read on for 8 iPhone apps that will help you keep track of everything you're investing in.
Robinhood: Investing for All
If you want to get started in the investing world, then Robinhood is a great app to have. This app makes trading so easy and accessible that you can get started in just a few minutes.
What makes Robinhood stand out is its commission-free training. The app offers trading with no commissions, whether you're trading stocks, ETFs, or even crypto. Moreover, you can get started trading with any amount of money you have — even $1.
Besides investing, Robinhood offers a subscription called Robinhood Gold. This plan lets you make bigger instant deposits, get tools to start ahead of the market, and even earn up to 5% on the cash sitting in your account while you're deciding what to do with it.
Overall, even if it's not the best trading app, Robinhood is a reliable option for people who are getting into the world of trading and investing.
IBKR Mobile - Invest Worldwide (Interactive Brokers)
You've probably heard of Interactive Brokers. It's one of the oldest and most reliable brokers that's still operating today. That makes it a safe option for people who want to invest some money and forget about it for the next 30 years.
Granted, Interactive Brokers' app and platform could use a major redesign. Without a user-friendly interface, it might take a while to get used to it.
But once you get the hang of it, Interactive Brokers is really easy to use, and it will let you invest and trade as much as you want, and with some of the lowest commissions in the market.
The Rich - Investment Partner
Yes, the name is a bit corny for some of us, but The Rich is a useful tool for tracking your investments and finding new stocks and ETFs to try.
What makes The Rich a great tool is how easy it is to set up and get going. You will have to create an account, but once you've done that you'll have access to your own portfolio and data on any stock you can think of.
You can check the current price of the stock, as well as data related to the dividends it pays. Moreover, you can also engage in a chat and find people who have similar goals, like investing or becoming a professional day trader.
And once you find like-minded people, you can check their portfolios and learn a thing or two about them.
TradingView: Track All Markets
TradingView is a third-party tool that will help you manage your investments. With it, you can create different watchlists, view real-time data about the stock you're interested in, and check global news to understand what's moving the market.
What's great about TradingView is that you can set alerts inside the app. You can create an alert, and you'll be notified when the stock you're interested in reaches that price, meaning you won't miss any big opportunities to invest your money.
One of the best parts about the app is that you don't have to invest alone. You can also chat with other investors from around the world. You can talk to them in public, and once you get to know them, you can follow them and learn more from them — or let them follow you so you can help them out.
Public: Stocks, Options, Bonds
Granted, trading on your iPhone might be a bit difficult, but Public tries to make it simple with its easy-to-use interface.
With Public, you can trade anything from stocks to options on the go. Moreover, if you don't feel like trading, you can just deposit your cash, and you'll earn up to 5.1% APY just by letting your money inside your account, which is more than some banks offer.
Once you're ready to trade, though, the app will offer enough data to help you find your next investment. You can learn about and invest in over 9,000 different stocks, ETFs, crypto, and bonds.
And if you don't know how to get started, this app features an AI assistant to help you understand everything. Of course, you shouldn't let artificial intelligence trade for you, but it's still a good tool to show you how you can learn more about the market.
Stock Events Market Tracker
The Stock Events app is a simple but useful tool for tracking dividends.
Of course, the app offers much more than that. You can set up your portfolio and track all your investments in one place. You can also create watchlists for companies that interest you.
Besides tracking your favorite stocks, Stock Events will also notify you of upcoming events that you might be interested in, like upcoming earnings reports or dividend data. You'll also find news about the stock you like so you can stay on top of current events.
Once you've set up your portfolio, you can see how much in dividends you make annually, monthly, and even daily, which will help you understand how much money you'll get for basically doing nothing but holding the stock or ETF you like.
Acorns: Invest Spare Change
Acorns quickly became a powerful investing app, and it's a great option for people who are starting their investment journey.
As an investing app, Acorns lets you invest as much as you want or as little as you have. Sure, you can invest a lot of money, but you can also get started by investing your spare change.
For example, once you set up the app, if you go and buy yourself a coffee, the app will automatically invest the change in one of the app's diversified ETF portfolios, which is one of the safest and cheapest investments you can make.
Additionally, you can get bonuses for using the app when you shop in specific stores, like Apple or Walmart.
The Acorns app also teaches you about investing, the market, and saving through its many articles, courses, and videos. You can even use the app to help your kids learn and understand money from an early age. That way, you won't have to worry about them making financial mistakes that you or other people you know made.
Investmate — learn to trade
To invest properly, you need to learn the basics, and that's where Investmate comes in.
Investmate is a simple app that will help you learn about the world of trading. Whether you're a beginner or you started your journey months ago, the app has something for everyone.
You can learn from the guides available or watch the video lessons to understand investing and its possible risks. It also comes with cool games to help you learn and have fun at the same time.
Another great thing about the app is that you also get a demo account. These accounts help you trade with real-time market data without risking actual money. You'll get money that you can waste however you want without being afraid or hurting your wallet. Once you're ready, you might try investing actual money for your future.