best investment apps for college students

Are you a college student looking to make your money work for you while you focus on your studies? Do you want to start investing but feel overwhelmed by the many available apps and platforms? With the increasing popularity of digital investing platforms, finding an app that caters to your needs and offers a user-friendly experience is essential. 

This article will explore five of the best investment apps for college students in 2023. We will discuss their unique features, how they can help you grow your wealth, and what makes them stand out. So, are you ready to take control of your financial future? Let’s dive in!

5 Best Investment Apps for College Students

To help you make an informed decision, we have carefully analyzed the market and handpicked the 5 best investment apps for college students in 2023. These apps offer exceptional features, user-friendly interfaces, and educational resources to support your investment journey, regardless of your experience level. So, without further ado, let’s dive into the details of each app and discover how they can help you grow your wealth while you focus on your academic pursuits.


Acorn is a popular micro-investing app allowing college students to invest effortlessly in their spare change. You can start building your investment portfolio without noticing by rounding up your daily purchases to the nearest dollar and investing the difference.

 With various investment options and a low monthly fee, Acorns is perfect for college students who want to invest.

Key Features of Acorns

  • Round-up investing
  • Customizable portfolios
  • Educational resources
  • Low fees for college students


Robinhood has gained a reputation for democratizing investing by offering commission-free trades and a user-friendly platform. The app allows college students to invest in stocks, ETFs, options, and cryptocurrencies without being bogged down by excessive fees. 

Robinhood’s straightforward interface and fractional share investing make it an excellent choice for beginners experimenting with stock and crypto trading.

Key Features of Robinhood

  • Commission-free trades
  • Access to stocks, ETFs, options, and cryptocurrencies
  • Fractional shares
  • Intuitive interface


Stash is an investment app that provides personalized guidance and educational resources to help college students make informed investment decisions. With Stash, users can build a diversified portfolio of stocks, ETFs, and bonds tailored to their risk tolerance and financial goals. 

Stash’s emphasis on financial education and goal-setting makes it an ideal platform for college students looking to develop good investing habits.

Key Features of Stash

  • Customized investment recommendations
  • Financial education resources
  • Goal-setting tools
  • Fractional shares

M1 Finance

M1 Finance combines the best of robo-advisors and traditional investing platforms by allowing users to create a customized investment portfolio and automating the investment process. College students can build their own “pie” of stocks and ETFs, and M1 Finance will automatically manage and rebalance the portfolio. 

This app is perfect for college students who want a hands-off approach to investing but still maintain control over their investment choices.

Key Features of M1 Finance

  • Customized investment portfolios
  • Automated investing and rebalancing
  • No commissions or trading fees
  • Fractional shares


Betterment is a leading robo-advisor that provides college students with a hassle-free way to invest in a diversified portfolio. By answering questions about your financial goals and risk tolerance, Betterment will create a tailored portfolio of low-cost ETFs automatically rebalanced to optimize returns. 

Betterment’s low fees and automated approach make it a great option for college students looking for long-term investment strategies without constant monitoring.

Key Features of Betterment

  • Tailored investment portfolios
  • Automated rebalancing
  • Low management fees
  • Tax-efficient strategies

Tips for College Students to Maximize Investment Success

Understanding the ins and outs of investing can be challenging for college students, especially those new to the finance world. To support your investment journey, here are some tips to maximize success when using these top investment apps:

Start Small and Invest Regularly

Begin with small investments to familiarize yourself with the process and gradually increase your contributions. Consistently investing small amounts can significantly impact your wealth in the long run, thanks to the power of compound interest.

Diversify Your Investments

Diversification is essential to minimize risk and maximize returns. Ensure your investment portfolio includes a mix of stocks, bonds, ETFs, and other assets. Most of the apps in this article offer diversified investment options to help you achieve a balanced portfolio.


As a college student, investing in your financial future is just as important as investing in your education. With the 5 best investment apps for college students discussed in this article, you can build wealth and develop good financial habits that will benefit you for years. In choosing the best investment app for your needs, consider fees, investment options, user experience, and educational resources. 

Each app offers unique advantages tailored to different types of investors, so take the time to research and find the one that aligns with your financial goals and risk tolerance.

Ready to take the first step toward financial independence? Choose one of the top 5 investment apps for college students in 2023 and start growing your wealth today!

Don’t wait to start investing in your future. Seize the opportunity to learn, grow, and invest with the help of these powerful tools. Thank you for reading, and best of luck on your journey toward financial success!


Are these investment apps safe to use?

Appropriate financial authorities regulate all investment apps mentioned in this article and employ industry-standard security measures to protect your data and investments.

Can I use more than one investment app?

Absolutely! Many investors choose to use multiple apps to diversify their investments and take advantage of different features offered by each platform.

How much money do I need to start investing?

Most apps mentioned in this article have low or no minimum investment requirements, making them accessible to college students with limited funds. You can start investing with as little as a few dollars and gradually increase your contributions as your financial situation improves.

Do these apps offer any educational resources for new investors?

Yes, most of the apps mentioned in this article provide educational resources and guidance to help new investors learn the basics of investing and make informed decisions. Stash, in particular, focuses heavily on financial education and personalized guidance.


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