Top 10 online investment platforms and companies of 2023 (2023)

Online Investment Platforms

We've found the top 10 picks so you can make informed decisions about countless products and services.

Top 10 online investment platforms and companies of 2023 (1)

(Video) 10 Best Investment Sites For Beginners (In 2023)

Find an online brokerage app that will help you invest smarter

Choosing an online investment platform is not a decision to be taken lightly. As every investor knows, the right app can help you make a handsome profit, make smart trading decisions, and save you from catastrophic decisions that lead to significant losses.

So what goes into a quality investment proposal? Below we have listed some of the key features a service needs to rank as a top online investment app. So take a look and learn a thing or two about buying stocks online.

trading options

Possibly the biggest factor in deciding what trading options a service offers is how much flexibility and availability you get when it comes to trading. Investment options range from IRA, mutual funds, exchange traded funds, stocks, bonds, international investments and more, and not all services cover each of these categories.

research and education

Whether you know a lot about stock market trading or not, research is a must. In fact, the more you start to learn, the more you understand that understanding common trends, social signals and market fluctuations is essential to making good trading decisions. How much research an investment app allows you to do and helps you make the difference between smart trading decisions and everything that lies behind. As this will greatly affect your overall investment experience, investors should place a lot of weight on the research factor of an investment service.

(Video) The Top 10 Online Investment Platforms for Beginners


For many, trading is not an enjoyable pastime, and the less they have to think about their options, the happier they are. For this reason, many online investment platforms offer automation tools that do trading, analysis and distribution without human intervention (let alone the account holder). Bots make calculations, corrections and decisions based on market trends, social tips and other tips provided when you sign up for an account. Automation is the ideal resource for those who do not know enough about the stock market or are not interested in working behind the scenes, essential aspects of the business with numbers.

Customer service

Customer service is important for most software products you buy, but especially important for an investment platform that can affect your livelihood. If you can't find a feature in your photo editing app, or if the video streaming site temporarily stops streaming, it won't do much harm.

This is not the case with an online investment app. Even a small system glitch can have a significant impact that can result in huge losses or missed trading opportunities. Therefore, good customer service is essential.

Mobile app and ease of use

A good mobile app is a godsend for active traders. If you only do it once in a while, it might not be as important to you. However, for investors who interact with their investments frequently, mobility is key.

The easier a system is to use, the more people will enjoy their experience with the software, so ease of use is also a very important factor. Different apps have different ways of making the user experience smoother and more enjoyable, offering a variety of features, tools, and design layouts to serve this purpose.

Tools are also useful when it comes to trading, so put them into your equation. It is also good when the service has multiple trading platforms to suit different types and levels of investors.

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Here is a look at 10 brokerage apps that meet the above requirements, catering to all income levels, investment goals, and trading experience:

1. Karl Schwab

  • No fees or minimum balance requirements
  • Comprehensive search tools
  • Free Robo Advisor

An accessible platform that offers countless trading opportunities for all types of investments,Karl SchwabIt is a good choice, especially for beginners. There are no fees and no minimum balances, but plenty of resources to educate and keep you up to date on the world of stocks in general and your investments in particular. The platform offers numerous research tools and a free robotic advisor, which together give you the opportunity to be guided and make your own informed decisions.

2. Loyalty

  • No trading and account fees
  • More than 3,000 mutual funds
  • Ruhestands-Score-Tool

loyaltyit has excellent research tools for investors and an amazing number of mutual funds to choose from. User tools include calculators, a robotic advisor option and the retirement score tool to help you define, track and achieve your retirement goals. Customer service is also exceptional, which is crucial for long-term investors and those planning to make adjustments over time.

3. Merrill Edge

  • Ongoing service for Bank of America customers
  • Zero commissions
  • Zero Minimum Account

Merrill Edgecovers all your bases with reliable third-party research, a modern platform, and responsive customer service. Merrill, operating under its parent company, Bank of America, offers a rich yet affordable entry point to trading that appeals to seasoned and casual traders alike. Those with Bank of America bank accounts will find Merrill to be a natural fit.

4. Americano

  • No fees for stocks and ETFs
  • No account minimum for DIY Portfolios
  • Extensive search tools

TD Ameritradeis a great example of what investors can achieve with the right research tools. This app provides members with Social Stocks, Stock Metrics, Stock Reports, Comparisons and Social Metrics, and ETF and Mutual Fund Reports. TD Ameritrade's social trending indicators include brand-relevant tweets and top-tweeted brands, and peer-to-peer comparison charts are something you won't find anywhere else.

5. improvement

  • Leading robo advisor platform
  • no minimum account
  • ideal for beginners

improvementit makes it even better by taking into account all your different financial indicators and choosing the best trading options for you. It even includes taxes!

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6. Foundry

  • Invest in real estate with low minimums
  • Open to non-accredited investors
  • easy to use platform

fund raisingallows people of all income brackets to get into the real estate investing game with REITs in commercial and private residential real estate. The simple and accessible platform invites non-accredited investors to participate in real estate investments with reduced minimum values. Not ideal for everyone, Fundrise is a unique platform for those without fancy means to try real estate investing.

7. Acorns

  • great for students
  • Useful tool to save "changes"

nutsis a small guy in the industry, but he's also helping little guys break into this niche. Acorn offers free administration for college students and invests their savings in the most practical and profitable way possible for their financial situation. Acorn offers in-depth training materials and resources, such as terminology dictionaries, help videos, and business resources that explain what steps you can take and why or when you should take them.

8. E-Commerce

  • Zero Minimum Account
  • Zero trading fees
  • More than 4,000 mutual funds

Etradewhich has a great mobile app for beginners. The app offers comprehensive explanations, integrates with multiple devices including Apple Watch, provides real-time alerts, and has CNBC on demand. Etrade offers commission-free stocks and over 4,000 mutual funds.

9. Asset Front

  • Focus on low-cost index funds
  • Technology-driven automatic investments
  • free wealth management

wealth front, an entirely unique option, offers free wealth management of up to $10,000 and charges just 0.25% per year thereafter. This service falls under “passive investment” and relies on technology-oriented automotive investment for long-term growth, making it a more targeted option for millennials and less-committed tech-savvy users. It has a few other factors that set it apart from the competition, including standalone money tools. Due to Wealthfront's unique approach, it's wise to research it thoroughly before deciding if it's the best option for you.

10. Robinhood

  • One of the first free platforms
  • Cryptocurrency trading options

Robin Hoodit's a completely free platform, but you're definitely giving up some of the quality that comes with paid services. You'll settle for fewer investment options, significantly less research and education options, and trading tools. However, those interested in trading cryptocurrencies can use Robinhood to fill a niche that the larger platforms have yet to enter.

Brokerage apps mean smarter investing

Whether you're new to investing or looking to diversify your portfolio, the above platforms offer a variety of ways to invest smarter and perhaps venture into new markets. Technology makes it easy to track your investments, move money and stay informed so you can make the best decisions possible and earn more. Try it today!



What should I invest in for 2023? ›

7 Best Types of Investments in 2023
  • High Yield Savings Accounts.
  • Short-Term Certificates of Deposits.
  • Short-Term Government Bonds Funds.
  • S&P 500 Index Funds.
  • Dividend Stock Funds.
  • Real Estate & REITs.
  • Cryptocurrency.
Feb 3, 2023

Which platform is best for online investment? ›

10 Best Investment Platforms in Nigeria 2022
  • Cowrywise. ...
  • Carbon. ...
  • Bamboo. ...
  • RiseVest. ...
  • Trove. ...
  • Wealth NG. ...
  • Payday Investor. Payday Investor allows investors to save money and grow returns by investing in the ARM Money Market Fund. ...
  • Accrue. Accrue is a leading online saving and investment platform in upcoming markets.
Nov 9, 2022

Which company is best for future investment? ›

Best Stocks to Invest in 2023
  • Reliance Industries.
  • Tata Consultancy Services.
  • HDFC Bank.
  • Infosys.
Jan 11, 2023

Which stocks will rise 2023? ›

Jim Cramer predicts these 10 S&P 500 stocks will perform well in...
  • HAL-0.04 (-0.10%)
  • CEG+0.05 (+0.06%)
  • ENPH+19.04 (+8.33%)
  • NFLX-0.95 (-0.26%)
  • VFC+0.48 (+1.68%)
Jan 4, 2023

Which investment is best for next 5 years? ›

Types of Investment Plans for 5 Years
  1. Mutual Funds. Mutual funds pool money from several sources and invest in equities. ...
  2. Equity Linked Savings Scheme (ELSS) ...
  3. Unit Linked Insurance Plan (ULIP) ...
  4. National Savings Certificate (NSC) ...
  5. Fixed Maturity Plan (FMP) ...
  6. Bank and Post Office Fixed Deposit (FD)

What is the #1 Investment App? ›

Fidelity Investments – Best app for managing money all-in-one. Robinhood – Best app for active trading. Charles Schwab – Best app for beginners. Ellevest – Best app for socially responsible investing.

What is the safest online investment? ›

9 Safe Investments With High Returns
  • Certificates of deposit.
  • Money market accounts.
  • Treasury bonds.
  • Treasury Inflation-Protected Securities.
  • Municipal bonds.
  • Corporate bonds.
  • S&P 500 index fund/ETF.
  • Dividend stocks.
Jan 18, 2023

What is the safest investment with the highest return? ›

Here are the best low-risk investments in February 2023:
  • High-yield savings accounts.
  • Series I savings bonds.
  • Short-term certificates of deposit.
  • Money market funds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Feb 1, 2023

Which company will grow fast? ›

S.No.NameROCE %
1.Maruti Suzuki8.95
2.Info Edg.(India)24.26
3.Bharat Dynamics26.09
4.Godfrey Phillips16.67
22 more rows

What are the top 3 best investments? ›

12 best investments right now
  • High-yield savings accounts.
  • Certificates of deposit (CDs)
  • Money market funds.
  • Government bonds.
  • Corporate bonds.
  • Mutual funds.
  • Index funds.
  • Exchange-traded funds (ETFs)
Dec 19, 2022

Where should I invest to get 5% return? ›

There's no totally safe way to earn 5% consistently.
  • Checking. A transactional account that allows for numerous withdrawals and unlimited deposits. ...
  • Savings. A bank account that keeps your money safe and secure, while paying you interest.
  • MMA. ...
  • CD. ...
  • 401K. ...
  • Brokerage. ...
  • REIT. ...
  • Robo Advisor.
4 days ago

What are the hottest investments right now? ›

Overview: Best investments in 2023
  • Series I bonds. ...
  • Short-term corporate bond funds. ...
  • Dividend stock funds. ...
  • Value stock funds. ...
  • REIT index funds. ...
  • S&P 500 index funds. ...
  • Nasdaq-100 index funds. ...
  • Rental housing. Overview: Rental housing can be a great investment if you have the willingness to manage your own properties.
Jan 1, 2023

Where should I invest before I crash? ›

Where to Put Your Money Before a Market Crash
  • Reduce Risk: Diversify Your Portfolio. ...
  • Bet on Basics: Consumer cyclicals and essentials. ...
  • Boost Your Wealth's Stability: Cash and Equivalents. ...
  • Go for Safety: Government Bonds. ...
  • Go for Gold, or Other Precious Metals. ...
  • Lock in Guaranteed Returns. ...
  • Invest in Real Estate.
Jul 6, 2022

What are the top 5 sectors to invest in 2023? ›

With the budget coming in the beginning of 2023, the sectors that the government is looking to focus on - 1) manufacturing, 2) capital goods, 3) defence, 4) sustainability, 5) railways, 6) public sector banks are already seeing fresh investments. We expect these sectors to continue to be in the spotlight.

Which stock will grow in 5 years? ›

Growth stocks for next 5 years
S.No.NameOpert Prft Gwth %
4.Shankar Lal Ram.105.84
5.Oil India74.63
6.Likhitha Infra.34.95
7.R Systems Intl.21.48
23 more rows

Which Cryptocurrency will rise in 2023? ›

  • Metacade – The best all-around crypto coin with 50x potential. ...
  • Ripple (XRP) – The best DeFi investment for 2023. ...
  • Shiba Inu (SHIB) – Meme coin with serious plans for 2023. ...
  • Polygon (MATIC) – Layer 2 network solution looks set for growth in 2023. ...
  • The Sandbox (SAND) – Decentralized metaverse platform with celeb backing.
Jan 23, 2023

How can I invest a millionaire in 5 years? ›

Here's how you can become a millionaire in five years or less.
  1. Select your Niche. ...
  2. Put aside 20% of your income every month. ...
  3. Don't spend anything other than essentials. ...
  4. Get out of debt as quickly as possible. ...
  5. Start building Passive Income Streams.
Sep 28, 2022

Which fund is best for next 10 years? ›

  • ICICI Prudential Technology Fund.
  • TATA Digital India Fund.
  • SBI Technology Opportunities Fund.
  • Aditya Birla Sun Life Digital India Fund.
  • Principal Emerging Bluechip Fund.
  • Sundaram Select Focus Fund.
  • PGIM India Midcap Opportunities Fund.
  • Franklin India Technology Fund.
Feb 4, 2023

How can I double my money in 5 years? ›

If one looks at extended time frames, equity mutual fund schemes can double your money in 3 to 5 years, depending on their performance. Similarly, with a conservative risk profile, investing in debt instruments can take up to 10 years to double your money.

Which investment company has the lowest fees? ›

Fidelity: Best Low-Cost Online Broker
  • Account Minimum: $0.
  • Fees: $0 for stock/ETF trades, $0 plus $0.65/contract for options trade.

Which app is best for daily investment? ›

The top 10 Investment & Personal Investing apps on Google Play in 2023 are:
  • FinShell Pay.
  • OctaFX Trading App.
  • Navi Loans & Mutual Funds.
  • Groww: Stocks & Mutual Fund.
  • PagBank Banco, Conta, Pix, CDB.
  • Angel One: Stocks, Demat & IPO.
  • ExpertOption - Mobile Trading.
  • Revolut: Spend, Save, Trade.

What are 3 very risky investments? ›

While the product names and descriptions can often change, examples of high-risk investments include: Cryptoassets (also known as cryptos) Mini-bonds (sometimes called high interest return bonds) Land banking.

What investments should I avoid? ›

13 Toxic Investments You Should Avoid
  • Subprime Mortgages. ...
  • Annuities. ...
  • Penny Stocks. ...
  • High-Yield Bonds. ...
  • Private Placements. ...
  • Traditional Savings Accounts at Major Banks. ...
  • The Investment Your Neighbor Just Doubled His Money On. ...
  • The Lottery.
Feb 2, 2023

Where do millionaires keep their money? ›

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. There were 24.5 million millionaires in the U.S. in 2022. And only 21% of them inherited money.

What is the smartest way to start investing? ›

6 things you can do to get started in investing
  1. Look into retirement accounts. ...
  2. Use investment funds to reduce risk. ...
  3. Understand your investment options. ...
  4. Balance long-term and short-term investments. ...
  5. Don't fall for easy mistakes. ...
  6. Keep learning and saving.
Dec 29, 2022

What is the easiest investment to make money? ›

The best investments for beginners
  • 401(k) or employer retirement plan.
  • A robo-advisor.
  • Target-date mutual fund.
  • Index funds.
  • Exchange-traded funds (ETFs)
  • Investment apps.
Feb 3, 2023

Which investment app has lowest fees? ›

Top Commission-Free Investing Apps
  • M1 Finance.
  • Fidelity.
  • TD Ameritrade.
  • Robinhood.
  • Vanguard.
Dec 31, 2022

What is the #1 safest investment? ›

U.S. Treasury bonds are widely considered the safest investments on earth. Because the United States government has never defaulted on its debt, investors see U.S. Treasuries as highly secure investment vehicles.

How can I get 10% interest? ›

How Do I Earn a 10% Rate of Return on Investment?
  1. Invest in Stocks for the Long-Term. ...
  2. Invest in Stocks for the Short-Term. ...
  3. Real Estate. ...
  4. Investing in Fine Art. ...
  5. Starting Your Own Business (Or Investing in Small Ones) ...
  6. Investing in Wine. ...
  7. Peer-to-Peer Lending. ...
  8. Invest in REITs.
Nov 17, 2022

What is the safest way to invest $100000? ›

Here are some of the best ways to invest $100,000:
  • Focus on growth industries and stocks. The world economy is changing at a rapid pace, with some industries expanding and others contracting. ...
  • Buy dividend stocks. ...
  • Invest in ETFs. ...
  • Buy bonds and bond ETFs. ...
  • Invest in REITs.

Which sector will boom in next 5 years? ›

List of the Top Sectors in India that are Most Likely to Provide Excellent Returns-
  • Healthcare and Insurance Sector. ...
  • Renewable Energy Sector. ...
  • IT Sector. ...
  • Real Estate Sector. ...
  • Fast Moving Consumer-Goods Sector (FMCG) ...
  • Automobile Sector.
May 19, 2022

Which industry will boom in future? ›

FMCG sector

Fast Moving Consumer Goods include products that will always be in demand. With the Indian economy set to grow at 7% per annum, FMCG sector is definitely here to stay and grow. The FMCG sector also has some of the largest and the most reliable names in the economy.

Which is the fastest growing industry in 2025? ›

India's chemical industry is expected to reach US$ 304 bn by 2025, clocking an annual growth rate of over 15%. This means it could contribute to over 30% of the total manufacturing GDP of US$1 tn expected by 2025.

What investments will double my money? ›

Here are some options to double your money:
  • Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. ...
  • Kisan Vikas Patra (KVP) ...
  • Corporate Deposits/Non-Convertible Debentures (NCD) ...
  • National Savings Certificates. ...
  • Bank Fixed Deposits. ...
  • Public Provident Fund (PPF) ...
  • Mutual Funds (MFs) ...
  • Gold ETFs.

What should I invest $1000 in? ›

Here are seven investment options to help you get started:
  • Start (or add to) a savings account. ...
  • Invest in a 401(k) ...
  • Invest in an IRA. ...
  • Open a taxable brokerage account. ...
  • Invest in ETFs. ...
  • Use a robo-advisor. ...
  • Invest in stocks.
Feb 2, 2023

Where can I put my money to earn the most interest? ›

So, if you have some money set aside and want to earn a higher rate of interest without taking too much risk, consider these strategies.
  • Switch to a high-interest savings account. ...
  • Consider a rewards checking account. ...
  • Take advantage of bank bonuses. ...
  • Try a money market account. ...
  • Check with your local credit union.
Dec 16, 2022

What investments give a 10% return? ›

Here's my list of the 10 best investments for a 10% ROI.
  • How to Get 10% Return on Investment: 10 Proven Ways.
  • Paying Down High-Interest Loans.
  • U.S. Government I-Bonds.
  • High-End Art.
  • Stock Market Investing via Index Funds.
  • Stock Picking.
  • Junk Bonds.
  • Buy an Existing Business.
Jan 10, 2023

Which investment gives quick returns? ›

Short-term investment examples include savings accounts, fixed deposits, liquid mutual funds, ultra-short-term debt funds, post office deposits, etc.

What investment gives you the highest return? ›

Key Takeaways. The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices.

Where should I invest 50k right now? ›

Here are ten ways to invest 50k.
  • Invest With a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. ...
  • Individual Stocks. Individual stocks represent an investment in a single company. ...
  • Real Estate. ...
  • Individual Bonds. ...
  • Mutual Funds. ...
  • ETFs. ...
  • CDs. ...
  • Invest in Your Retirement.
Jan 10, 2023

Where should I invest 100k right now? ›

Best Investments for Your $100,000
  • Index Funds, Mutual Funds and ETFs. If you're looking to invest, there are a lot of options. ...
  • Individual Company Stocks. ...
  • Real Estate. ...
  • Savings Accounts, MMAs and CDs.
Dec 29, 2022

Where should I put my money right now? ›

The Best Places to Save Money
  • High Yield Savings Accounts.
  • Certificates of Deposit.
  • Traditional Savings Accounts.
  • Money Market Accounts.
  • Treasury Bills and Bonds.
  • Retirement Savings Accounts.
Nov 8, 2022

Where is the best place to put your money in 2023? ›

Where should you put your money? Completing your emergency fund should be your first priority in 2023. But from there, it pays to branch out into investing. As such, you may find that it makes sense to put your money into a savings account, an IRA, and a brokerage account this year so you get the best of all worlds.

What is the safest way to invest $5000? ›

Here are some of the best places to invest $5,000.
  1. Invest in Fractional Shares with Robinhood. Risk level: Medium. ...
  2. Build a Micro Real Estate Portfolio with Fundrise. ...
  3. Start a Roth IRA. ...
  4. Let Robots Invest for You With Betterment. ...
  5. Diversify by Investing in ETFs. ...
  6. Invest in Your Kids Through a College Savings Accounts.
Nov 21, 2022

Where is the safest place to put your money right now? ›

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.

Will 2023 be a good year for the stock market? ›

Most stock market forecasts for 2023 see moderate improvement. UBS targets a year-end 2023 S&P 500 at 3900 and KKR sees it at 4150. CFRA expects a 2.9% gain, which would put the S&P over 3900. It closed the year around 3840.

How to make money in 2023? ›

25 ways to make money from home
  1. Sell custom products.
  2. Create a print-on-demand business.
  3. Make a subscription box.
  4. Sell on marketplaces.
  5. Sell digital products.
  6. Sell your creative work.
  7. Monetize an audience.
  8. Become a freelancer.
Dec 8, 2022

Will stock market do well in 2023? ›

Meanwhile, experts from Goldman Sachs recently predicted in their 2023 outlook that the stock market will “most likely rally” by the end of 2023.

What to expect in 2023 stock market? ›

In the first half of 2023, the S&P 500 is expected to re-test the lows of 2022, but a pivot from the Fed could drive an asset recovery later in the year, pushing the S&P 500 to 4,200 by year-end.

Will stock drop in 2023? ›

The S&P 500, a benchmark for U.S. stocks, is down about 19% so far this year, and the majority of millionaire investors expect to see further double-digit declines in 2023, according to CNBC's biannual investor survey.

Should I pull my money out of the stock market? ›

Although the stock market produces volatile returns, it has a long history of outpacing inflation in the long run. So, if the money you have invested in the stock market isn't going to be used in the next few years, it's likely safer to keep your money invested than to take it out.

Where to put your money 2023? ›

Rather, we'll cover some of the easiest ways to keep a portion of your cash secure.
  • Bonds. Bonds are like IOUs. ...
  • Certificates of deposit (CDs) ...
  • Money market funds. ...
  • Money market accounts (MMAs) ...
  • High-yield savings account. ...
  • Paying off existing debt.
Jan 19, 2023

How can I become a millionaire in the next 5 years? ›

  1. 10 Steps to Become a Millionaire in 5 Years (or Less) ...
  2. Create a wealth vision. ...
  3. Develop a 90-day system for measuring progress/future pacing. ...
  4. Develop a daily routine to live in a flow/peak state. ...
  5. Design your environment for clarity, recovery, and creativity. ...
  6. Focus on results, not habits or processes.

Which sector will boom in 2023? ›

With the budget coming in the beginning of 2023, the sectors that the government is looking to focus on - 1) manufacturing, 2) capital goods, 3) defence, 4) sustainability, 5) railways, 6) public sector banks are already seeing fresh investments. We expect these sectors to continue to be in the spotlight.

What will happen to S&P 500 in 2023? ›

The S&P 500 or SPX is expected to decline back to the 3,730 level or lower in 2023. This means that any bounces prior to that should be viewed as an ongoing downtrend. The strong conviction has to do with technical analysis as it can precede fundamental analysis,” says David Williams.


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