Best micro investing apps in 2024

Written by
Adam N.
Fact checked by
Updated
2w ago
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in the United States.

Find below the strengths of the best micro investing apps available in the United States, updated for 2024:

  1. Webull - the best micro investing app in 2024. Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  2. Robinhood - Free US stock and ETF trading. Great mobile and web trading platforms. Fast and fully digital account opening. Interest paid on uninvested cash.
  3. SoFi Invest - Free stock and ETF trading. Fast and fully digital account opening. Fast customer support.
  4. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  5. Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
  6. Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
  7. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  8. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  9. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  10. tastytrade - Low trading fees. Great educational materials. Good research tools.
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Top micro investing apps

Overview of top micro investing apps in 2024

Compare the top micro investing apps around various factors such as minimum deposit, availability of fractional shares, and the number of available stock markets.

Broker
Minimum deposit
Fractional shares
Webull
$0
Robinhood
$0
SoFi Invest
$0
Fidelity
$0
Firstrade
$0
Interactive Brokers
$0
Alpaca Trading
$0
eToro
$10
Charles Schwab
$0
tastytrade
$0
Overview of best micro investing apps in 2024

Popularity of the best micro investing apps

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Trading fees at the best micro investing apps

Broker
US stock
UK stock
Webull
$0.0
-
Robinhood
$0.0
-
SoFi Invest
$0.0
-
Fidelity
$0.0
$11.3
Firstrade
$0.0
-
Interactive Brokers
$1.0
$3.8
Alpaca Trading
$0.0
-
eToro
$0.0
$0.0
Charles Schwab
$0.0
-
tastytrade
$0.0
-
Trading fees at the top micro investing apps

Other fees at the best micro investing apps

Broker
Inactivity fee
Withdrawal fee
Webull
$0
Robinhood
$0
SoFi Invest
$0
Fidelity
$0
Firstrade
$0
Interactive Brokers
$0
Alpaca Trading
$0
eToro
$5
Charles Schwab
$0
tastytrade
$0
Other fees at the top micro investing apps

Visit broker

Webull snapshot
Country of regulation USA, Hong Kong
Foundation date 2,017
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards No
Electronic wallets No
Demo account Yes
Read review For a detailed analysis of Webull, check out our review for 2024

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Robinhood snapshot
Country of regulation USA
Foundation date 2,013
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards No
Electronic wallets No
Demo account No
Read review For a detailed analysis of Robinhood, check out our review for 2024

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SoFi Invest snapshot
Country of regulation USA
Foundation date 2,011
Stock fee class Low
Time to open an account 1-3 days
Credit/Debit cards No
Electronic wallets No
Demo account No
Read review For a detailed analysis of SoFi Invest, check out our review for 2024

Visit broker

Fidelity snapshot
Country of regulation USA
Foundation date 1,946
Stock fee class Low
Time to open an account 1-3 days
Credit/Debit cards No
Electronic wallets Yes
Demo account Yes
Read review For a detailed analysis of Fidelity, check out our review for 2024

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Firstrade snapshot
Country of regulation USA
Foundation date 1,985
Stock fee class Low
Time to open an account 1-3 days
Credit/Debit cards No
Electronic wallets No
Demo account No
Read review For a detailed analysis of Firstrade, check out our review for 2024

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Interactive Brokers snapshot
Country of regulation USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
Foundation date 1,977
Stock fee class Low
Time to open an account 1-3 days
Credit/Debit cards No
Electronic wallets No
Demo account Yes
Read review For a detailed analysis of Interactive Brokers, check out our review for 2024

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Alpaca Trading snapshot
Country of regulation USA
Foundation date 2,015
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards No
Electronic wallets No
Demo account Yes
Read review For a detailed analysis of Alpaca Trading, check out our review for 2024

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

eToro snapshot
Country of regulation UK, USA, Cyprus, Australia
Foundation date 2,007
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards Yes
Electronic wallets Yes
Demo account Yes
Read review For a detailed analysis of eToro, check out our review for 2024

Visit broker

Charles Schwab snapshot
Country of regulation USA, UK, Hong Kong, Singapore
Foundation date 1,971
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards No
Electronic wallets No
Demo account Yes
Read review For a detailed analysis of Charles Schwab, check out our review for 2024

Visit broker

tastytrade snapshot
Country of regulation USA
Foundation date 2,017
Stock fee class Low
Time to open an account 1 day
Credit/Debit cards No
Electronic wallets No
Demo account No
Read review For a detailed analysis of tastytrade, check out our review for 2024

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How did we pick the best micro investing apps in 2024?

Here are our top selection criteria for micro investing apps:

  • Firstly, the availability of fractional shares and low minimum deposits are crucial. Fractional share service helps you add smaller amounts of money to your investment regularly, especially if the stock has a higher price. Minimum fractional share investing usually ranges between $1 and $10.
  • The product spectrum is also a crucial criterion. We favored if the broker gave access to many stock markets.
  • We also compared ETF selection in those brokers.
  • Lastly, the mobile app's interface should be easy to use.


Save hours of research!

Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers, including fees, safety, ease of account opening, education and trading platforms. We check more than 600 criteria for each broker and fine-tune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

FAQ

What are micro investing apps?

A micro investing app allows the user to invest small amounts of money into financial instruments, mainly stocks and ETFs.

Who should use micro investing apps?

Micro investing is for individuals who can save money periodically and plan to invest in the long-term rather than just short-term trading.

Also, micro investing apps are useful for people who do not have access to large sums of money to invest.

Want to read more?

If you don't know where to start investing, we recommend taking a look at our education articles.

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Author of this article

Adam Nasli

Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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