Investment Platforms

We tested dozens of services to bring you our top picks as you look to turn knowledge into action

  • A single, easy-to-use platform for banking, credit, and investing
  • $30 cash bonus for depositing $1,000 when you use our link
  • Easy to automate debt payments and recurring investments
  • Low credit rates make it easy to borrow from investment accounts
  • Solid savings rates
  • Cash-back rewards credit card
  • Investing interface is great for beginners or experts
  • Removes the intimidating and annoying process of placing trades
  • Automated investing made very easy with auto-transfers, auto-invest, and auto-rebalancing, on fully customizable portfolios down to specific stocks
  • Build an investment portfolio of stocks & ETFs by choosing what percent you want in each investment, not by purchasing individual shares
  • Or choose any pre-designed portfolios
  • Helpful growth projections
  • No management or trading fees
  • Both regular & retirement accounts
  • Mobile account opening is simple
  • Responsive customer service over email, available for 1-on-1 tutorials

  • Only available for US-based investors
  • $100 minimum balance for investments
  • Unique interface takes a couple days to get used to
  • No live customer service chat
  • Relatively new institution with small asset size

Worthy alternatives

Webull

A traditional trading App

  • Great for beginners or experts
  • Free stocks from Webull sometimes worth $1,000+ when you use our link
  • Fractional shares just launched, enabling investing for as little as $5
  • Traditional, basic investing functionality
  • Free trading & no minimum balance
  • Stocks, ETF’s, & crypto trading
  • Both regular & retirement accounts
  • Customer service is solid
  • Mobile account opening & trading is simple
  • Interface is easy enough, but still serious (not gamified)
  • Extensive research tools for advanced investors

  • Only available in United States, India, Brazil, Turkey, the Philippines, Malaysia, Japan, China, and Korea for now
  • No cash checking
  • Extensive tools might be a little overwhelming at first
  • Relatively new institution

Worthy alternatives

Capitalize

Free 401(k) rollover assistance

  • Personalized, free assistance rolling over old 401(k) and 403(b) accounts
  • Totally free and painless
  • Capitalize can find your old 401(k) for you if you don’t know the provider
  • Relieves you of the stress, phone calls, hold times, paperwork, and follow-up of rolling over your old 401(k) into a new provider
  • A human representative schedules time with you, gets your old provider on the line, then calls you when they need your authorization
  • Helpful context and guidance for any questions through the process
  • Consolidate multiple old 401(k)s into a single IRA
  • Plenty of helpful educational resources

  • Not much guidance after the transfer is done on next-steps for investing
  • Scheduling availability for rollover execution call was backed up for a couple weeks
  • No investments or tax advice available
  • Rollover into a new 401(k) not available

Worthy alternatives

Lively

Free and flexible Health Savings Accounts (HSAs)

  • Health Savings Accounts are like an IRA you can use for medical expenses, allowing you to add pre-tax dollars, invest and grow tax-free, and spend tax-free on qualifying medical expenses. After age 65, it turns into a retirement account.
  • Lively is free with no hidden fees
  • You aren’t limited to select mutual funds or ETFs
  • You can select your own investments in a brokerage account
  • A paid managed investment service is available
  • Free debit card to use for medical bills
  • No minimum investment balance
  • Automated contributions
  • Track deductible and out-of-pocket spending in the dashboard
  • Paperless account rollovers and fund transfers
  • Mobile app and desktop web both available
  • Tons of educational resources
  • Fast and friendly customer service
  • The Share Scoops team did not open a Lively account to review the user experience, as we don’t have a qualifying health insurance plan. Make sure to check with your insurance provider before opening an account.

  • Relatively young company
  • Paid managed investment service option is fairly expensive at 0.50% annual fee
  • It’s a difficult process to identify eligibility with insurance providers, but Lively customer service is as helpful as they can be

Worthy alternatives

M1 Finance

Our favorite banking and investing super app

  • A single, easy-to-use platform for banking, credit, and investing
  • $30 cash bonus for depositing $1,000 when you use our link
  • Easy to automate debt payments and recurring investments
  • Low credit rates make it easy to borrow from investment accounts
  • Solid savings rates
  • Cash-back rewards credit card
  • Investing interface is great for beginners or experts
  • Removes the intimidating and annoying process of placing trades
  • Automated investing made very easy with auto-transfers, auto-invest, and auto-rebalancing, on fully customizable portfolios down to specific stocks
  • Build an investment portfolio of stocks & ETFs by choosing what percent you want in each investment, not by purchasing individual shares
  • Or choose any pre-designed portfolios
  • Helpful growth projections
  • No management or trading fees
  • Both regular & retirement accounts
  • Mobile account opening is simple
  • Responsive customer service over email, available for 1-on-1 tutorials

  • Only available for US-based investors
  • $100 minimum balance for investments
  • Unique interface takes a couple days to get used to
  • No live customer service chat
  • Relatively new institution with small asset size

Worthy alternatives

Webull

A traditional trading App

  • Great for beginners or experts
  • Free stocks from Webull sometimes worth $1,000+ when you use our link
  • Fractional shares just launched, enabling investing for as little as $5
  • Traditional, basic investing functionality
  • Free trading & no minimum balance
  • Stocks, ETF’s, & crypto trading
  • Both regular & retirement accounts
  • Customer service is solid
  • Mobile account opening & trading is simple
  • Interface is easy enough, but still serious (not gamified)
  • Extensive research tools for advanced investors

  • Only available in United States, India, Brazil, Turkey, the Philippines, Malaysia, Japan, China, and Korea for now
  • No cash checking
  • Extensive tools might be a little overwhelming at first
  • Relatively new institution

Worthy alternatives

Capitalize

Free 401(k) rollover assistance

  • Personalized, free assistance rolling over old 401(k) and 403(b) accounts
  • Totally free and painless
  • Capitalize can find your old 401(k) for you if you don’t know the provider
  • Relieves you of the stress, phone calls, hold times, paperwork, and follow-up of rolling over your old 401(k) into a new provider
  • A human representative schedules time with you, gets your old provider on the line, then calls you when they need your authorization
  • Helpful context and guidance for any questions through the process
  • Consolidate multiple old 401(k)s into a single IRA
  • Plenty of helpful educational resources

  • Not much guidance after the transfer is done on next-steps for investing
  • Scheduling availability for rollover execution call was backed up for a couple weeks
  • No investments or tax advice available
  • Rollover into a new 401(k) not available

Worthy alternatives

Lively

Free and flexible Health Savings Accounts (HSAs)

  • Health Savings Accounts are like an IRA you can use for medical expenses, allowing you to add pre-tax dollars, invest and grow tax-free, and spend tax-free on qualifying medical expenses. After age 65, it turns into a retirement account.
  • Lively is free with no hidden fees
  • You aren’t limited to select mutual funds or ETFs
  • You can select your own investments in a brokerage account
  • A paid managed investment service is available
  • Free debit card to use for medical bills
  • No minimum investment balance
  • Automated contributions
  • Track deductible and out-of-pocket spending in the dashboard
  • Paperless account rollovers and fund transfers
  • Mobile app and desktop web both available
  • Tons of educational resources
  • Fast and friendly customer service
  • The Share Scoops team did not open a Lively account to review the user experience, as we don’t have a qualifying health insurance plan. Make sure to check with your insurance provider before opening an account.

  • Relatively young company
  • Paid managed investment service option is fairly expensive at 0.50% annual fee
  • It’s a difficult process to identify eligibility with insurance providers, but Lively customer service is as helpful as they can be

Worthy alternatives

Pick the platform that makes things easier for you

At the end of the day, it's all about what's right for you. With something like budgeting, debt management, or investing, the most important criteria is that you feel comfortable using it. Otherwise, you're not going to build the confidence to take your future into your own hands. If you're buying basic stocks and funds to hold for the long term, you can do that almost anywhere. Just find a respectable institution that charges low or no fees and has an interface you don't hate using.

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