5 days ago Last updated October 11th, 2021 662 Reads share

6 Best Investment Tracking Apps of 2021

Image Credit: unsplash.com

There are many investment applications for people who invest in cryptocurrency, the stock market and other money-making vehicles. However, the more apps there are, the more likely you will buy one with security and interface flaws. Luckily, there are apps that can help you manage your wealth while offering a flawless investment experience.

Do You Need Applications for Investment Management?

Some investors let a mutual or hedge fund manage their assets, therefore they do not need a mobile application to manage their investments. Those who invest in cryptocurrencies or prefer to handle their investments themselves need a tool that will help them keep track of their assets.

Cryptocurrency Investment Applications

An app is almost a requirement for cryptocurrency investors because few firms are dedicated to helping people manage their digital assets. With the help of an easy-to-use, secure and reliable application, users can quickly access all the necessary information about their portfolios.

Currency.com Trading App

The platform is known to be the first regulated cryptoplatform of tokenised assets in CIS. It provides access to more than 2,000 tokenised assets. With Currency.com, you can buy and sell commodities, stocks, indices and other tradable assets in tokenised form.

The platform has its own app available on Play Market and App Store. The app is practical, easy-to-use and provides access to everything the platform has to offer. Here are the main advantages of the platform:

  • Narrow market spreads ($0.05 for BTC)
  • Up to 1:500 leverage
  • Trade-matching engine operating at 50M trades per second 
  • Over 75 reliable technical indicators and charts 
  • Clear and easy-to-use interface

Currency.com supports most of the popular cryptos like BTC, ETH and more than 150 other coins. The platform has trading fees of 0.075%. For some trading markets that include BTC and ETH, the fees are even lower – 0.06%.

If you’re new to the crypto world or want to try Currency.com without spending your funds, you can always try a demo-account of the platform. It is available in the web version and in the Currency.com trading app. You will be able to learn how the crypto market works and maximize your crypto gains.

Coinbase App

Coinbase is a dependable and reputable company and its apps are among the best in the industry. The Coinbase app allows users to send and receive cryptocurrencies, access their accounts securely and trade coins. With this app, you will be able to interact with merchants, access accounts on the go and connect your Coinbase account to your banking account.

Several features are incorporated into this application that make it worth considering:

  • Clear and simple interface
  • Additional tools like auto-purchase and price notifications
  • 98% of assets are stored offline

The Coinbase app is most useful for American traders because many other platforms are not available in the United States due to SEC regulations

The biggest con to using this app is that it does not support many cryptocurrencies. As of now, it only supports bitcoin, ether and a few others.

TradingView

TradingView is a cloud-based app that allows you to conduct technical analysis of the cryptocurrency and forex markets, providing many tools for doing the job and a huge social community where people share data and information. It can also be used to trade cryptocurrency by setting up an account through a CFD broker.

You can trade crypto assets like bitcoin, ether and other popular coins from more than 40 exchanges. This app also allows users to:

  • Use watchlists and customize them according to personal preferences
  • Review live price charts with technical indicators for analysis
  • Get access to other traders’ ideas and insights in a large expert community

TradingView is an app best suited for people heavily diversified in their investments, as everyone should be. Diversified portfolios are the best defense against bear markets and recessions.

Fiat Investment Applications

There are also several excellent apps available for people not interested in cryptocurrencies. Among the best are Wealthfront, Acorns and Betterment.

Wealthfront

Wealthfront is an investment management app that provides automated advice. It can help beginner and experienced investors put together investment portfolios and develop tax optimization strategies.

Wealthfront users can enjoy the following features:

  • Compatibility with individual and joint IRAs, trusts, high-yield accounts, college savings plans, and more
  • Socially responsible portfolio options
  • Auto rebalance of your portfolio
  • Tax-loss harvesting

This app is an excellent choice for various investors. That includes people saving for retirement, planning to put children through college and those looking for a way to optimize their taxes.

Acorns

Acorns is a mobile app that allows people to regularly save small amounts of money. The app rounds up all purchases and then moves the money left over into an automated investment portfolio.

The following features are incorporated into the Acorns app:

  • Automated investment
  • Content for improving financial literacy
  • Cashback from select retailers

This app is ideal for accumulating small amounts of savings over a long period of time and investing them. An app like this can turn those small amounts into a small fortune.

Betterment

Betterment is another excellent automated advisor that offers Betterment Digital and Premium. The Digital version has no minimums for starting an account and charges low fees for the assets they manage. Betterment Premium takes customers a step further by giving them access to financial planners for a low fee and a $100,000 account minimum.

Its main benefits include:

  • Tax management options
  • High-yield savings accounts
  • Access to six different portfolios, from default to socially responsible investment 

This app is for hands-off investors who are investing for their retirement and have low initial balances. It is also great for people who like automatic rebalancing.

Conclusion

These apps are among the best from the most reputable companies in the cryptocurrency and traditional financial markets. So whatever your financial goals are, these apps can help you reach them.

Julia Beyers

Julia Beyers

Read Full Bio