Best Investment Apps for Beginners - Investing in Shares NZ (2024)

Compare the best investment apps for beginners!

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Best Investment Apps for Beginners - Investing in Shares NZ (1)

Get started with investment apps

Thanks to their convenient services and low fees, investment apps have become much more popular among beginners and seasoned investors looking for an easy way to manage and improve their portfolio. Investment apps provide a means for budding investors to trade at the tip of their fingers.

One thing to keep in mind is that the term “investment apps” can actually refer to a whole host of different services. There are share investment apps and stake investment apps. Each specialises in a particular investment, making it easy for anyone interested to give it a try. These apps also allow you to easily invest without all the jargon and overly-technical terms that usually comes with investing.

Investment apps are a great way for beginners to develop good investing habits. They can learn the necessary lessons and strategies, without risking too much of their money. These apps give Kiwis the potential to access the keys to building wealth long term.

Investment apps providers

How does glimp compare investment apps in NZ?

We’re committed to helping you make the most out of your investments, no matter how big or small. Our comparison tool is designed to help you find the best app to help you manage your investments well, without hassle and as efficiently as possible.

Best Investment Apps for Beginners - Investing in Shares NZ (11)

Quick and easy to use

Simply enter a few details, and our tool will bring up the best and latest investment apps in NZ. We’ve helped thousands of Kiwis save money by using our comparison tool, and we’re ready to help with your investing needs too!

Best Investment Apps for Beginners - Investing in Shares NZ (12)

Find your best deal, free of charge

glimp’s comparison tool is 100% free to use! You don’t have to spend a thing in order to see the latest app deals on the market. Find the best investment apps for beginners without spending a dime today!

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Get your tailored results

We understand how time-consuming it can be to browse different websites and jot down all the app details and reviews out there. So we’ve streamlined the process, allowing you to easily filter out all the irrelevant apps, so you can focus only on the relevant results.

Best Investment Apps for Beginners - Investing in Shares NZ (14)

Find a better investment app today!

It only takes a couple of minutes to find the best apps you can use for investing. Build better habits and save more on your monthly fees when you find an investment app that is tailored to your needs.

Investment apps FAQ

Still have questions about investment apps? Take a look at our most common inquiries below and see if it has been answered before:

Is there a monthly cost needed to use an investment app?

It would depend on the app you’re looking into. Some apps like ASB and Plus500 charge monthly fees to use their apps, whereas others like Hatch and Invest Now don’t charge fees for their service.

What is the difference between a share investment app and a stake investment app?

It all comes down to the difference between a stake and a share. Shareholders own parts of a company through shares in stock, while a stakeholder often has an interest in a company that goes beyond stocks. Each unit of stock is considered a share. On the other hand, a stake represents a percentage of stock owned. In the context of apps, some providers choose to specialise in one or the other.

Why should you compare investment apps with glimp?

We save you time and money

glimp works to help Kiwis find the best investments apps, without the extra hassle. Save time and money by comparing all your options in just one place!

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glimp is a trusted comparison site used by thousands of Kiwis. Make the switch at glimp today!

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Best Investment Apps for Beginners - Investing in Shares NZ (2024)

FAQs

Best Investment Apps for Beginners - Investing in Shares NZ? ›

Our Favourite Investment Apps

Which stock app is best for beginners? ›

Best Trading Apps for 2024: Fees and Features,
Trading AppsTop FeaturesTrading charges
Zerodha KitePossesses every possibility for stock tradingRs.20
Angel OneQuick stock purchases and salesRs.20
Upstox AppIdeal for immediate investmentRs.20
Groww AppIdeal for Novices0.05% or Rs.20(whichever is lower)
6 more rows

What app should I use to start investing in stocks? ›

Summary: Best Investing Apps
CompanyForbes Advisor RatingBest For
Betterment4.8Best Robo-advisor Investment App
TD Ameritrade's thinkorswim4.4Best Investment App for Experienced Investors
Fidelity Mobile4.3Best Investment App for Average Investors
E-Trade3.6Best Investment App For Beginners
1 more row
May 1, 2024

Which is the best share to invest for beginners? ›

Top 10 Best Stocks For Beginners with Little Money in 2024
  • Vikas Ecotech Ltd. ...
  • Indian Overseas Bank. ...
  • Comfort Intech Ltd. ...
  • Seacoast Shipping Services Ltd. ...
  • Virgo Global Ltd. ...
  • Indian Infotech & Software Ltd. ...
  • Swiss Military Consumer Goods Limited. ...
  • Dish TV India.

Where should I start investing in stocks for beginners? ›

One of the easiest ways is to open an online brokerage account and buy stocks or stock funds. If you're not comfortable with that, you can work with a professional to manage your portfolio, often for a reasonable fee. Either way, you can invest in stock online at little cost.

How to buy shares for beginners? ›

How to invest in the stock market
  1. Choose the individual shares yourself.
  2. Employ an expert to choose the shares for you.
  3. Invest through an investment fund, where a fund manager chooses the shares on behalf of all the investors in the fund.
Apr 5, 2024

Is Robinhood good for beginners? ›

Is Robinhood a good broker for beginners? Robinhood is a good fit for beginner investors, and the company made our list of the best brokers for beginners. The app offers a streamlined, approachable and easy-to-navigate trading platform, plus extremely low costs, which beginner investors tend to prioritize.

How much money should I invest in stocks as a beginner? ›

If investing 15% of your income sounds like more than your budget can handle, you can start with a set dollar amount and be consistent about it. Investing even a few dollars each month can sometimes be enough to see a return if you're using the right investment strategy.

How many shares of stock should a beginner buy? ›

One rule of thumb is to own between 20 to 30 stocks, but this number can change depending on how diverse you want your portfolio to be, and how much time you have to manage your investments. It may be easier to manage fewer stocks, but having more stocks can diversify and potentially protect your portfolio from risk.

What stock should I buy as a beginner today? ›

Like Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), and Meta Platforms, Inc. (NASDAQ:META), Vistra Corp. (NYSE:VST) is among the best beginner stocks to buy this year.

How much money do I need to invest to make $1000 a month? ›

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.

How do I pick my first stocks to buy? ›

How to Pick Stocks: Essential Steps for Investors
  1. Step 1: Define Your Investment Goals. ...
  2. Step 2: Learn the Art of Diversification. ...
  3. Step 3: Research and Select Potential Stocks. ...
  4. Step 4: Analyze Stock Value and Performance. ...
  5. Step 5: Learn Risk Management in Stock Picking. ...
  6. Step 6: Utilize Tools for Effective Stock Selection.
Dec 27, 2023

How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

Which type of stock trading is best for beginners? ›

Overview: Swing trading is an excellent starting point for beginners. It strikes a balance between the fast-paced day trading and long-term investing.

What app should I start trading with? ›

Comparison Between Apps
App NameRatingsCharges
Zerodha Kite5.0/5.0No charges for equity delivery
Angel One5.0/5.0No charges for trade across any segment
Upstox App4.8/5.0Rs. 20 for per executed orders
Groww app4.6/5.0Rs. 20 or 0.05% (which is lower) per executed order
6 more rows

What is the best stock trading platform for beginners? ›

The best online stock brokers for beginners:
  • Ally Invest.
  • E-Trade Financial.
  • Firstrade.
  • Firstrade.
  • Webull.
  • Merrill Edge.
  • SoFi Active Investing.
  • Robinhood.

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