BEST INVESTING APPS FOR BEGINNERS IN 2023

Webull :

In this article we'll go over the best investing apps for beginners starting with my personal favorite Webull. It is perfect for all types of investors because it's beginner friendly and allows fractional shares, has advanced technical analysis tools for experienced Traders and also allows you to invest in a wide variety of crypto currencies but before I tell  you something about the app let me answer

 Five most asked questions :

The five most asked questions about Webull . Number one is does it cost money to trade stocks on Webull? No there are no commission fees on your investment so if you make 100 you keep all one hundred dollars. Two can you invest in crypto? Yes Webull has 44 different cryptocurrencies. You can invest in just as easy as stocks but if you're going to invest more than ten thousand dollars. I'd highly recommend getting a crypto wallet because when you invest on crypto own Webull technically owns the crypto not you. Three can you buy fractional shares? Yes you can indeed buy fractional shares on Webull and for those that don't know fractional shares or when you invest in a stock without buying a complete share so if you wanted to invest in Apple which costs 140 dollars per share and you only have seventy dollars you could still invest but you would only own half a share. Four can you trade options? Yes you can trade options and Webull is by far my favorite app in this blog to trade options with. They have great technical analysis tools extended trading hours and I honestly just love how options work on the app. It Feels So Perfect. Five do you get a sign up bonus? Yes everyone who signs up for Webull with the link in below will get a guaranteed thirty four dollars in free stocks with the chance of getting all the way up to thirty thousand six hundred dollars. All you have to do is sign up deposit any amount of money like it could literally be one penny and then you'll get your guaranteed thirty four dollars plus in free stock. One of my viewers got around four thousand dollars by signing up in my link and you could possibly get more than that so regardless of which app you choose. I'd highly recommend signing up for all of them and taking advantage of the free stock bonuses before it's too late.

Procedure :

Now open up Webull and I'll show you how easy  it is to buy some stocks. All right if you look at the watch list.You just click any random stock like here's Tesla. You can press trade at the bottom so you want to buy five shares there you go there's five. Press buy and then you would have bought one thousand dollars worth of Tesla. You go back you can do the same thing for options. Go over the options select whatever you want to buy a put or whatever buy a put right here then I can select how many contracts I want select the day. It'll been forced and press buy as well and crypto currencies work the same way. You will just press on ethereum press trade and then you can buy it if you want and a few more things to note about Webull they allow you to create retirement accounts invest in ETFs have extended trading hours and the customer support is decent.So if you had the rank we want to scale from one to ten for beginners. I'd give it a solid 8 out of ten and another eight out of 10 based on how easy it is to use.

MooMoo:

The second investing app we'll be talking about today is MooMoo.

Five most asked questions:

Starting with the five questions. One does it cost money to trade stocks on MooMoo? Nope they don't take any percentage of your money when you invest but unlike all other apps in this blog MooMoo does not allow you to trade crypto or have the ability to buy fractional shares which is very unfortunate. Two can you trade options? Yes in fact I'd say this is where MooMoo really shines. They have virtually every technical analysis tool ever which in my opinion makes up for having no fractional shares. Three do you get a sign up bonus? Yes moomoo's current sign up bonus is 1 free stocks worth up to two thousand dollars each and although they don't give an exact minimum amount you're guaranteed to get. I got forty dollars in free stocks when I signed up two months ago. So the minimum is probably around there. Then if we open the app you can buy stocks by clicking the stock you want press trade press buy. We'll do Market order for this example say I want to buy four of the stocks then you just press buy it's locked right now because I have to enter my password but if it wasn't locked it would buy the stocks. Then for options look at the top it says quotes comment sand news then options so you click on options then select your expiration date and just choose an option you want trade and then buy or sell it and as you can see by looking at these charts MooMoo has like all technical analysis features ever so based on how easy it is to use I give MooMoo a 6 out of 10 because it's slightly complicated and overall I'd give it a six and a half out of a ten a san investing app. 

Robinhood :

The third investing app we'll be speaking about today is  Robinhood is by far the easiest investing app to use because the interface is beyond simple and it was literally designed for beginner investors.

Five most asked questions:

 So starting with the five questions. One does it cost money to trade stocks on Robinhood? Nope they take zero percent commissions on all your trades like all the other apps. Two can you invest in crypto? Yes you can trades even crypto currencies on Robinhood and unlike the other apps you'll have your own crypto address so you can send and receive crypto with your Robinhood account. It's an extremely significant feature but I never trust Robinhood to hold my crypto considering what they've done in the past about the whole GameStop situation and the Doge situation. So if you want to trade crypto use a real crypto wallet Stock app should be for stocks. Three can you buy fractional shares? Yes every stock owned Robinhood allows you to buy fractional shares. Four can you trade options? Yes trading options on Robinhood is super easy but they don't have any good charting tools. So if you wanted to trade options you'd have to chart using a website like trading view. Five do you get a sign up bonus? Yes robinhood's current sign up bonus is one stock worth up to Seventeen hundred dollars when you deposit one dollar on Robinhood but like I said you should sign up for all the apps in my description so you can get as much money as possible in total. You're guaranteed over fifty dollars and it'll take you like 20 minutes to sign up for all of them so make sure to do that now or when the blog is over. 

Procedure :

Now let's open up Robinhood and I'll show you how easy it is to use. So let me search up a random stock like Nvidia and then if you scroll down you will see all the important stats you need. It's the basic info nothing too special and then if you scroll up and press two expanding arrows it'll bring up all your technical analysis indicators like the RSI the ma etc and to buy any stock you'll press trade at the bottom. Then buy then insert how many you want to buy. Say you want to buy 20 shares type in 20 then you'll press review and you can swipe up to buy the stock and if you wanted to trade options instead press trade trade options instead of the buy button and then it'll bring you to where you can buy options. It's up arrows to buy calls this down arrows to buy puts so let's just say we're gonna buy a call we'll choose the expiration date up top November 25th. Then I can pick any strike price I want then if I press on the strike price you'll see the order comes up at the bottom of the screen and then if we'll swipe up it'll purchase this option and then for crypto it has no chart indicators but if you want to buy it just press buy type in how much money you want to buy of it. Then press review swipe up and you would have bought some crypto and a few more things to note about Robin Hood is their customer service is pretty trash  It can take multiple hours to get a hold of someone. Robin Hood also has a bad track record of freezing people's accounts like during the GameStop short squeeze incident in 2021. Robin Hood literally Froze all users accounts from buying or selling GameStop AMC and a few other stocks during that time and because of that ,investors lost hundreds of millions of dollars resulting in hundreds of thousands of people deleting their Robinhood account so even though RobinHood is a 10 out of 10 on the easy scale and definitely one of the best investing apps for beginners. It does have a decent amount of setbacks especially if you're trading with over one hundred thousand dollars. So overall I'd give Robin Hood a 5 out of 10 for Reliable investing and if I had to rank all the apps in this blog from best to worst I put RobinHood at the bottom due to all the account freezing issues moo moo at number two since it's great for option sand. Webull at number one because it has everything a pro investor would need. Will also being easily accessible and usable by beginner ,investors make sure to sign up for all the apps in my description to get your guaranteed 50 in free stocks all the way up to sixty two thousand dollars in free stocks before the offer ends also comment if you have any questions.

Links :

Links are present in the discription of this video