Right investment app selection is a must-have for anyone who wants to invest and grow their wealth. With both established brokers and new companies offering investing apps, it’s important to take the time to find an app that fits with your needs and objectives. In addition to evaluating fees, required minimums and investment options, you should also consider factors like security protocols, customer support and additional tools.

The best investment apps offer a wide variety of investments. Typically, apps from established brokerages will offer the largest range of assets, while smaller apps, start-ups and robo-advisors tend to limit their offerings. Most investment apps allow you to buy stocks, ETFs and mutual funds. Some offer access to options, futures and cryptocurrencies (though these are not usually beginner-friendly investments).

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Most investment apps require that you open an account with them before you can begin investing. This process shouldn’t be too difficult and should involve some basic personal information, as well as a bank or other financial account to fund the account. You should be able to fund your account quickly once you’ve done so, and many investment apps also offer recurring contributions so that you can add to your investments on a regular basis.

Customer service is an important consideration for all investment apps, but particularly with ones that handle your money and assets. Make sure you choose an app that offers multiple channels to reach a customer service agent and that those agents are knowledgeable and friendly. You should also look for an app that keeps you informed about the ramifications of different trading decisions, such as whether or not you’ll incur capital gains taxes.

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