INVESTING - ONLINE BROKERS
Last updated March 10, 2024 | By FinanceBuzz Editors
If you’re new to investing or have been with the same brokerage for years, you probably missed a huge jump forward in online investing.
We’ve put together a list of platforms that are completely changing the way we think about investing. These user-friendly platforms can guide you through purchasing whole or fractional shares, and even grant you access to assets that were previously out of reach for everyday investors.
Weigh your options, then choose the one that’s right for you.
Get a free stock valued between $5 to $200
Robinhood is a great option for both new traders and seasoned investors.
With Robinhood it’s completely free to buy and trade stocks, options, and more. All trading is commission-free with no account minimums or maintenance fees. They’ll even give you a free stock in a company like Apple, Sprint, or Ford.
Sign up using the link below and Robinhood will add 1 free share of stock (valued between $5 to $200) to your account when your brokerage application is approved.
Sign up for Robinhood now
Download the investing app CNBC calls “ChatGPT meets Robinhood”
You can now invest using the world’s first AI investing assistant.
It’s called Magnifi, and it’s a powerful (and almost magical) app that CNBC has referred to as “ChatGPT meets Robinhood.”
Magnifi’s unique AI approach means you get more guidance than a brokerage … but less cost than an advisor.1 Simply link your Robinhood, E*Trade, and other brokerages, and the AI will help find potentially untapped opportunities across all your holdings.
With Magnifi, getting investment advice is as simple as texting. After connecting your brokerage accounts, just open the chat and ask questions like, “How can I invest $1,000,” “Compare Apple, Tesla, and Nvidia,” and even, “Am I paying excess fees?”
Every time you ask a question, Magnifi uses pro-level data from sources like Morningstar, Factset, FRED, and more to give you powerful advice through the lens of your unique investment portfolios. It’s unlike anything we’ve seen!
BONUS: For a limited time, sign up today and get 50% off your first month (just $7!).
Get started
Paid Non-Client Promotion
FinanceBuzz doesn’t invest its money with this provider, but they are our referral partner. We get paid by them only if you click to them from our website and take a qualifying action (for example, opening an account.)
Build passive income with shares of rental homes
Secret: You don’t have to be an Airbnb host to build passive income with rental properties.
Ark7 is a new way of building wealth by investing in high-quality, professionally managed rental properties … without having to buy the whole property yourself.
Sign up for free here and make sure you confirm your email so you get access to the properties. Then, simply choose properties you like and invest in shares of them. The investment minimum is $20. Of course, the more you invest, the more earning potential you have.
Ark7 investors have earned 5%+ annualized distributions from monthly income alone2. If applicable, you’ll receive monthly distributions straight to your account.
Get started
Invest in “cash flow” properties for as little as $500
Rental properties can be a powerful source of cash flow. But what if you don’t want to buy (or manage) entire rental properties?
Thanks to recent advances in investment tech and legal, it’s now possible.
CalTier gives you access to cash-flowing commercial real estate starting with as little as $500.3 These “cash flow” properties are alternative investments that fall outside of the stock market and are not always available to retail investors.
Where your money goes: Your investment is spread across a portfolio of cash-flowing apartment buildings, either directly or as fractional investments with CalTier’s real estate partners.
How you get paid: CalTier with their partners manages the buildings for you. When applicable, you’re paid directly to your bank account from the potential income generated by the portfolio in proportion to your share ownership in the fund.
Ultimately, CalTier is a powerful tool that can help you get started in the world of cash flow real estate … all for a fraction of what it would cost to buy an entire property yourself.
Get started with as little as $500
Paid Non-Client Promotion
FinanceBuzz doesn’t invest its money with this provider, but they are our referral partner. We get paid by them only if you click to them from our website and take a qualifying action (for example, opening an account.)
Get up to $700 to add to your investment account
Looking for a more personalized way to invest your money while keeping costs low?
With a J.P. Morgan Self Directed account,4 you are in the driver’s seat, backed with useful tools to help you build a diversified portfolio which is easily managed online or via the Chase Mobile® app.
You’ll have access to a wide range of investments including stocks, ETFs, fixed income, mutual funds, and options. Plus, you can enjoy unlimited commission-free online stock, ETF, and options trades.
BONUS: Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.
Sign up for a J.P. Morgan Self-Directed Investment account now
Robinhood Benefits
- When you sign up, a surprise stock appears in your account
- Commission-free trading with no account minimums
- Trade stocks, options, and cryptocurrencies
Sign up for Robinhood
How we chose these products
FinanceBuzz evaluated a selection of investment products offered by our partners, looking at various criteria including product features, fees, and more. We did not review all products in the category and compensation was considered when evaluating and ordering the products.
FinanceBuzz is not an investment advisor. This content is for informational purposes only, you should not construe any such information as legal, tax, investment, financial, or other advice.
