Compare the best micro investing apps & trading platforms in 2024

Micro investing apps let you invest small amounts of money regularly and you can start with just a few pennies. This page compares the best micro investing apps and platforms for 2024.
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Updated: Nov 21, 2023
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Micro investing apps are a great option if you want to start investing but don’t have much money to put into the market upfront. This page reviews some of the best micro investing apps and trading platforms to help you find the right one. 

Best micro investing apps overall for 2024

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  1. Acorns: Best for simple investing with a small starting pot
  2. Plus500: Best for international CFD trading*
  3. eToro: Best for beginners, copy-trading & demo-account
  4. Public: Best for sharing beginner trading ideas

What are the best micro investing apps?

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Our experts have comprehensively reviewed the best micro investing apps available and below, you can find some of our top recommendations. Click on any of the links to get started in just minutes, or continue scrolling for reviews on each app and how to choose one.

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1
Min. Deposit
$ 1
Best offer
User Score
9.9
Invest spare change automatically, set aside money from each paycheck and earn more
Access smart portfolios designed by experts, that adjust automatically as you and your money grow
Backed by leading investors and innovators, from Blackrock to CNBC, and chosen by more than 8 million people
Start Trading
Payment Methods:
Full Regulations:
2
Min. Deposit
$ 100
Best offer
User Score
9.9
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3
Min. Deposit
$ 100
Best offer
User Score
9.9
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA

51% of retail CFD accounts lose money. Your capital is at risk.

Top 5 micro investing apps, reviewed

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1. Acorns: Best for simple investing with a small starting pot

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...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Low deposit amount - start investing with as little as $5 Offers investment, checking, and regular IRA retirement accounts Automated savings feature Lots of educational content available on the website
Limited investment options - automated Exchange Traded Fund (ETF) portfolios mean no option to pick and trade stocks High fees for small balances No tax benefits when using the platform to invest your money

Overview

We love Acorns because it makes investing accessible to everyone. Acorns rounds up your purchases to the nearest dollar and invests the difference into a diversified portfolio of ETFs. This innovative approach helps you grow your investments incrementally without needing to make large initial deposits, making it an ideal platform for new investors or those with limited funds.

In addition to its core micro investing services, Acorns provides a suite of educational resources through Acorns Grow, which includes articles, tutorials, and financial literacy content designed to help you improve your understanding of personal finance and investing.

The platform’s emphasis on simplicity, automation, and education makes it particularly attractive to beginners looking to start their investment journey with minimal effort. With its user-friendly app, low fees, and innovative round-up feature, Acorns stands out as a convenient and effective robo advisor & investing tool for building your wealth over time.

The fees: Acorns charges a monthly subscription fee that varies depending on the account you sign up to. The most basic package starts at $3, while the other options are either $5 or $9 per month. There are no additional trading or management fees.

Highlights

Visit Acorns Acorns Review

2. Plus500. Best for international CFD trading*

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From 0.08%

Fees

$100

Minimum deposit

3,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools
No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to over 2800 instruments, including CFDs on stocks, forex, commodities, and cryptocurrencies among several others.

Plus500 has something for all types of traders, no matter what level of experience. It’s zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% or 0.9 pips and varies depending on the instrument. Additional fees include overnight funding which is dependant on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Visit Plus500 Plus500 Review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3. eToro. Best for beginners, copy-trading & demo-account

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0% commission

Fees

$100

Minimum deposit

4,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because it’s a great trading platform for beginners, with an interface that’s easy to use via app or desktop. A safe and trustworthy broker used by millions of traders worldwide, eToro boasts a zero-to-low fee structure that won’t gobble up your money in charges.

There are more than 5,000 crypto, stock, etf, forex, and commodity assets available to trade on eToro. You can dive straight in to trade or dip your toe in gently with one of the best demo accounts in the business. We like to switch to virtual mode and use its unique CopyTrader feature to get trade ideas, test out strategies, and learn from the pros.

The fees: All stock and ETF trading is commission fee. All crypto trades are charged a 1% fee. Currency spreads are 1 pip, for commodities it’s 2 pips. Stock CFDs have a 0.15% spread. All deposits are free, withdrawals cost $5. There’s an inactivity fee of $10 per month that kicks in if you don’t log in to your account for 12 months.

Highlights

Visit eToro eToro Review

51% of retail CFD accounts lose money. Your capital is at risk.

4. Public. Best for sharing beginner trading ideas

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public.com logo

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments
You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Overview

We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.

Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. Alternative investments, including cryptocurrency, are charged a 2.5% fee per transaction.

Highlights

Visit Review
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

What is a micro investing app?

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It’s a mobile application or desktop platform that allows users to make small investments regularly, often with as little as a few pounds at a time. These apps or platforms often use a concept known as ‘dollar-cost averaging’, which involves investing a fixed amount of money at regular intervals into exchange traded funds (ETFs) or fractional shares. 

How do micro investing apps work?

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Micro investing apps link to your bank account and automatically invest your money into ETFs and the stock market. They operate similarly to robo advisors, where AI determines where your money is invested based on your specific goals and criteria. 

Some micro investing apps also offer the ability to round up everyday purchases made with a linked bank card. These apps connect to your bank account and automatically invest your spare change into a diverse portfolio of ETFs or stocks. 

How should I choose a micro investing app?

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There are several factors you may want to consider when choosing a micro investing app and you should take the time to look at various different platforms before making your decision. Here’s a list of things to consider when selecting a micro investing app. 

Fees

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You may be charged a fee when you invest your money using a micro investing app. Most apps have fees in some way or another, so make sure you know what it will cost before signing up. Some of the fees to consider are account maintenance fees or trading fees. 

Investment options

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Use a micro investing app that offers the type of investments you prefer to put your money in. Most micro investing apps focus on ETFs and fractional shares, but if you want to invest in other asset classes, then make sure you check what is available before joining. 

Ease of use

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You’ll want to use an app that is easy to navigate and set up, especially if you’re new to investing. Most micro investing apps are easy to download and connect to your bank account, but if you’re interested in other features, make sure the app is not too complicated. 

Reputation

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Take the time to read online reviews from other users before committing to micro investing apps. There are many review sites where you can find other people’s experiences with a specific app or platform. Stay away from the ones with lots of negative reviews. 

Minimum deposits

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Most micro investing apps let you start with just a few pounds or pennies, although some require a minimum initial deposit. This can vary depending on the company and if you’re starting with a small amount of money, make sure you find the minimum initial investment. 

Customer support

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You want to use a platform that has good customer support. Before registering with a micro investing app, you can contact customer support to find out how responsive and helpful they are. If you ever have any questions or issues in the future, you’ll know what kind of support you’ll receive. 

Should I use a micro investing app?

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If you’re new to investing but don’t have much money to invest upfront, then using a micro investing app can be a good option. You can get started very quickly and easily without requiring a large investment. As these apps link to your bank account, you can even start investing your spare change, making it a very passive style of investing.

However, it’s important to remember that micro investing apps generally don’t offer a wide selection of investment options and are not really suitable for more advanced investors. You also need to consider the various fees that micro investing apps charge, which can eat into your profits. 

What are the risks of using a micro investing app?

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Like all types of investments, micro investing apps come with some risks, most notably market risk. The value of your investments may fluctuate in line with changes in the wider market. Additionally, micro investing apps don’t offer many of the features available on larger investing platforms and it can be difficult to diversify your portfolio with little money. 

Here are a few benefits and risks of using a micro investing app to help you make up your mind. 

Pros

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  • Get started with very little money
  • Micro investing apps automatically invest for you
  • Round up your everyday spending and invest your spare change
  • Easy-to-use platforms mean it’s easy to get started

Cons

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What are the fees for using a micro investing app?

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Each micro investing app will generally have a slightly different fee structure depending on which one you choose. Some common fees that micro investing apps may charge include account maintenance fees, trading fees, withdrawal fees, and commissions. Before starting a micro investing app it’s important to read the platform’s fee schedule. 

Methodology: How did we choose the best micro investing apps?

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Our expert panel consists of investment experts with decades of experience behind them. They conducted extensive research and testing of all of the services involved. Testing means we have signed up, created an account, deposited and withdrawn money, and placed at least one trade.

In addition to the testing process, we have researched all of the platforms online. Together, those criteria combined to produce a series of ranking factors which have been used to produce a final list of micro investing apps.

None of the services listed on this page has influenced the order in any way. We may make an affiliate commission if you sign up and trade on an app using one of the links above. Learn more about how we make money by reading our reviews process.

Register now with a micro investing app

FAQs

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Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.