4 Greatest Micro-Investing Apps of 2022

Rachel Christian, CEPF®

Micro-investing apps might be an effective way to get your cash within the inventory market — even if you happen to’re tight on money or have little to no investing expertise.

However not all investing apps are created equal.

Micro-investing works by constantly allocating small sums of cash to an funding portfolio. It sounds easy, however every app has totally different charges, options and suppleness.

For those who’re serious about beginning small, try our listing of the perfect micro-investing apps of 2022 to check your choices side-by-side and discover one which works for you.

Greatest Micro-Investing Apps of 2022

These 4 micro-investing apps rose to the highest of our search.

Micro-Investing Apps Options

App Greatest for Account Minimal Charges Ease of Use
Stash Arms-on buyers $0 $3 to $9 month-to-month price Very straightforward
SoFi Make investments Free investing $0 $0 Very straightforward
Acorns Learners $0 $3 to $5 month-to-month price Very straightforward
Public Social butterflies $0 $0 Very straightforward


Greatest for Arms-on Buyers

Key Options

  • Each DIY and automatic investing
  • Entry to an IRA
  • Comes with a checking account

Stash can construct an automatic portfolio for you, or you’ll be able to decide your personal shares and ETFs. Every Stash account comes with a checking account, which options no minimal steadiness necessities, no overdraft charges and no month-to-month companies charges. The Stash Inventory-Again program permits customers to earn a proportion again in inventory on all qualifying purchases.


Account minimal



3 for Development and $9 for Stash+

Ease of use

Very straightforward

Minimal funding


Extra Info About Stash App

Stash offers customers the choice to decide on how concerned they need to be with their portfolio. 

Whereas the app options lots of the identical perks as Acorns — together with round-ups, recurring deposits and the choice to open an IRA — it additionally helps you to tweak your portfolio with greater than 3,000 ETFs and particular person shares.  

For those who choose a extra hands-off strategy, Stash affords that too with its $3 a month Stash Development account that capabilities very similar to a robo-advisor. Stash+ is the app’s $9 a month possibility. You’ll get entry to 2 custodial accounts, a better reward with Stash’s Inventory-Again Card and entry to $10,000 price of life insurance coverage.  

All Stash accounts embrace a checking account with no overdraft charges or minimal steadiness necessities. (It doesn’t earn any curiosity both.) You may as well create targets by separating your money into areas for particular functions, like shopping for a house.  

For a full run down of charges and companies, try our full Stash App evaluate.

SoFi Make investments

Greatest for Payment-Free Investing

Key Options

  • Entry to monetary advisors
  • Cryptocurrency buying and selling accessible
  • Passive or energetic portfolio choices

SoFi Make investments affords two varieties of investing: energetic inventory buying and selling and a passive, automated portfolio possibility. There are not any annual administration charges or month-to-month prices. A novel perk with this app is entry to a licensed monetary planner without charge. You may as well purchase and promote cryptocurrencies with SoFi Make investments, although you’ll pay a 1.25% cost on these trades.

SoFi Make investments

Account minimal




Ease of use

Very straightforward

Minimal funding


Extra Info About SoFi Make investments

SoFi Make investments eliminates annual account charges, month-to-month prices and buying and selling charges for customers whereas nonetheless providing a $0 account minimal.  

Whereas SoFi doesn’t cost an annual or month-to-month price, you’ll nonetheless pay expense ratios on ETFs and mutual funds. That is commonplace for any brokerage account. Nevertheless, SoFi (and most micro-investing apps) affords a broad vary of ETFs and mutual funds with very low expense ratios. 

You may select both an actively managed account for a extra hands-on investing expertise, or an automatic portfolio for passive investing.   

You may as well go for a retirement financial savings account, together with a standard, Roth or SEP IRA. Every of those accounts might be both passively or actively managed. 

What makes SoFi distinctive from different micro-investing apps is you’ll be able to chat with a monetary advisor over the cellphone or on video at no additional value. These licensed monetary professionals act as fiduciaries, that means they’ll put your monetary pursuits first and gained’t attempt to promote you something. 

Lastly, you’ll be able to make investments cash in cryptocurrency on SoFi Make investments. The app affords Bitcoin, Ethereum, Litecoin and 27 different cash and tokens. Bear in mind that SoFi does cost a 1.25% buying and selling price on every crypto transaction. 

For a full run down of charges and companies, try our full Sofi evaluate


Greatest for Learners

Key Options

  • Spherical-Up characteristic for spare change
  • Entry to Acorns Checking
  • Diversified portfolios

Acorns has a user-friendly interface and pre-made diversified portfolios that make it straightforward for brand new buyers to get began. Acorns’ Spherical-Up characteristic helps you to make investments spare change by rounding up purchases made on a linked credit score or debit card to the closest greenback. It additionally features a Discovered Cash characteristic, which contributes cash to your account whenever you store with sponsored companions.


Account minimal



$3 a month for Private, $5 for Household

Ease of use

Very straightforward

Minimal funding


Extra Info About Acorns

Acorns works as a robo-advisor by recommending certainly one of 5 pre-made portfolios primarily based in your age, monetary targets and threat tolerance. Portfolios vary from conservative to aggressive. You may select a special portfolio if you happen to disagree with the algorithm, however you’ll be able to’t decide your personal particular person investments.  

Acorns’ portfolios are comprised of low-cost change traded funds (ETFs), which bundle totally different shares and/or bonds right into a single share. Acorns — like all micro-investing apps — buys fractional shares of ETFs so that you don’t have to avoid wasting up a whole lot of {dollars} to start out investing.  

The app helps you to make investments your spare change by way of its Spherical-Up characteristic. After linking a debit card to the app, your purchases are rounded as much as the closest greenback and the distinction is invested into your portfolio.  

You may as well allow recurring transfers out of your financial savings or checking account on a each day, weekly or month-to-month foundation. You may arrange this characteristic along with spare change round-ups to develop your cash even sooner.  

One other distinctive characteristic is Acorns Earn, which permits customers to generate “discovered cash” by buying with one of many app’s 350 enterprise companions. For instance, you will get 50 cents invested every time you order an Uber or get 3.5% of your Uber Eats purchases invested.  

For those who’re serious about socially accountable investing, Acorns affords Sustainable Portfolios, which the corporate says are “designed to supply publicity to extra sustainable firms, whereas aiming to carry out on par with a standard portfolio.”

Acorns affords two pricing choices: A $3 month-to-month price for its Private account or $5 a month for its Household account.  

The Private account consists of entry to a person retirement account (IRA) and a checking account. The Household account consists of all of the options of the $3 account, plus you’ll be able to add a number of custodian accounts to your youngsters.  

For a full run down of charges and companies, try our full Acorns evaluate


Greatest for Social Butterflies

Key Options

  • Social media-like neighborhood
  • Cryptocurrency accessible
  • No month-to-month or annual charges

Public helps you to purchase fractional shares of firms and affords “themes” of shares. Themes embrace well being care and women-led firms, and so they can help you put money into a number of firms without delay to shortly construct a portfolio. Public incorporates a social media-like feed, which helps you to hold observe of different customers’ inventory portfolios. You may as well purchase, promote and maintain crypto with this app.


Account minimal




Ease of use

Very straightforward

Minimal funding


Extra Info About Public App

Public is a comparatively new app constructed on the thought of rising a social investing neighborhood.  

All portfolios are public by default, so you’ll be able to observe different customers’ inventory portfolios (and so they can observe yours). Nevertheless, the app won’t ever present how a lot cash customers invested, misplaced or gained on any particular person inventory. 

The app has a big neighborhood discussion board the place customers can provide buying and selling recommendation and ask questions on shares. This may be enticing to starting buyers as a result of it gives extra data, suggestions and perception from extra skilled merchants.  

Constructing on its social media-like interface, Public compiles a customized feed to your profile, populated with shares that match your pursuits, current IPO bulletins, upcoming earnings studies and extra.  

Like different apps, Public helps you to purchase fractional shares of shares and ETFs (known as “slices” on Public) so you’ll be able to make investments with as little as $5. 

Public doesn’t provide an automatic portfolio like most of its opponents. As an alternative, it organizes shares into user-friendly classes known as “themes.”  For instance, there’s a Keep at Dwelling theme that features firms like Peloton, Slack and Amazon.  

These themes present some diversification, however not in the identical method as broad-based ETF portfolios provided by apps like SoFi and Stash. 

Nevertheless, Public does an awesome job educating you about investing as you go. You may faucet on key phrases to be taught easy definitions and see “security labels” on riskier investments, like firms that just lately filed for chapter.  

Like SoFi, Public doesn’t cost any month-to-month or annual charges, and affords commission-free buying and selling. You may as well purchase and promote a restricted variety of cryptocurrency cash inside the app, although a 1% to 2% markup price applies to all crypto buy orders. 

One main disadvantage with Public is you’ll be able to’t arrange recurring transfers or deposits to the app out of your financial institution. 

For a full run down of charges and companies, try our full Public evaluate.

Options of the Greatest Micro-Investing Apps

What must you search for in an investing app? Listed below are a couple of key options provided by the perfect micro platforms.

Straightforward to Use

These apps eradicate the blocky and complicated muddle of some conventional brokerage accounts. Their easy interfaces make them tremendous straightforward to make use of and perceive, even you probably have zero investing expertise.

Low Minimal Investments

Micro-investing apps get you out there with as little as $5. They achieve this by buying fractional shares of ETFs and different belongings — which isn’t an possibility at some conventional brokerage corporations. This will get you invested shortly, even if you happen to can’t afford a whole share at first. It’s additionally free to create an account, and most apps don’t carry account minimums.

Diversified Funding Portfolios

Even skilled buyers battle with asset allocation and diversification. For those who’re simply beginning out, utilizing an app that creates a diversified portfolio for you is a plus. Robotically generated portfolios eradicate a lot of the stress and guesswork new buyers face.

Academic Instruments

The very best investing apps present a bunch of instructional sources and funding recommendation for newbies, together with articles, movies and podcasts. Whereas most micro-investing apps don’t provide entry to knowledgeable monetary advisor, these free instructional instruments are a useful technique to enhance your private finance information.

Recurring Transfers

Practically each app helps you to arrange recurring transfers out of your checking account. For instance, you’ll be able to set your Stash app to robotically switch $20 per week to your portfolio. Organising recurring transfers makes investing second-nature and helps develop your cash even sooner.

Different Banking Providers

Some micro-investing apps provide different companies along with their brokerage accounts, together with entry to a financial savings and/or checking account, an IRA and custodian accounts. You would possibly pay extra for these companies, however the price could also be price it relying in your targets.

Professionals and Cons of Utilizing a Micro-Investing App

Micro-investing apps provide a number of benefits, however they’re not for everybody. It’s necessary to grasp the professionals and cons earlier than placing your cash into any investing app.


  • Round-the-clock entry. You may shortly and simply monitor your account on the corporate’s web site or cell app.
  • Fractional shares get you invested shortly. Shares and ETFs can value a whole lot and even 1000’s of {dollars} a share, however fractional shares get you invested with no matter quantity you’ll be able to afford.
  • Account minimums are decrease than some conventional brokerage accounts. Most micro-investing apps characteristic $0 minimal steadiness necessities so you’ll be able to start investing with just some {dollars}.
  • They’re protected. Identical to a standard brokerage account, micro-investing platforms should register with the U.S. Securities and Trade Commision. Financial savings and checking accounts are FDIC insured.


  • Charges are excessive for accounts with low balances. Apps like Acorns and Stash promote low charges, however getting charged $36 a 12 months for a brokerage account isn’t an awesome deal.
  • You’ll miss out on retirement plan tax perks — or pay extra. Most of those apps provide retirement accounts, however you’ll often pay extra if you happen to go for an IRA.
  • Your funding selections could also be restricted. Chances are you’ll or could not have the ability to handpick the investments inside your portfolio.
  • They most likely gained’t show you how to meet your retirement targets. Retirement is dear, and making tiny contributions to an app isn’t prone to amass the nest egg it is advisable comfortably retire.

Recapping the Greatest Micro-Investing Apps

  • Stash: Greatest for Arms-On Buyers 
  • SoFi Make investments: Greatest for Free Investing 
  • Acorns: Greatest for New Buyers
  • Public: Greatest for Buyers In search of a Group

Regularly Requested Questions (FAQs) About Micro-Investing Apps

We’ve rounded up the solutions to the commonest questions on micro-investing apps that can assist you resolve if they’re a very good match together with your funding methods and targets.

What are Micro-Investing Apps?

Micro-investing apps are packages that allow you to contribute small sums of cash — as little as a couple of {dollars} — to a brokerage account. By connecting a debit card, these apps can constantly make investments your cash right into a portfolio of ETFs or fractional shares of particular person shares.

Can You Get Wealthy from Acorns?

You gained’t get wealthy fast from investing in Acorns or any micro-investing app. The app’s charges are literally reasonably excessive you probably have a low account steadiness. Nevertheless, utilizing an app like Acorns is usually a good introduction to the inventory market if you happen to’re new to investing otherwise you battle with saving cash.  

What’s the Greatest Funding App for Learners?

For brand new buyers, utilizing an funding app with a robo-advisor is likely to be a good suggestion. A robo-advisor is an internet dealer that makes use of algorithms and superior software program to robotically make investments cash and handle your portfolio.   

After creating your account, you reply a quick questionnaire to evaluate your threat tolerance and monetary targets. The app then selects a pre-made portfolio, so that you don’t have to decide on any investments your self. 

Stash, SoFi Make investments and Acorns every provide a robo-advisor characteristic. The favored Public App doesn’t. 

Rachel Christian is a senior author for The Penny Hoarder. Contributor Whitney Hansen up to date this report.


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