Looking for the best investment apps for beginners? Or perhaps you’re interested in the best app for dividend investing? Compare your options online with our quick comparison tool and find the app you need in just a few clicks!
Share Investment Apps Trading Options
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Provider
AMP
Link
Monthly Fees
$0
Brokerage Fees
0.80% estimated total annual fund charge (expressed as a percentage of the net asset value)
Investment Name
AMP Managed Funds
Investment Type
Managed funds
Trading Options
Online trading
How To Start Trading
Open an account online
Select Deal
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Provider
Tiger Brokers
Link
Monthly Fees
$0
Brokerage Fees
$0.0099minimum $1.99 per order
Investment Name
US Stocks, ASX Stocks, HKEX Stocks, US Options, Futures, EFTs
Investment Type
Stocks; US, Asian, AUXETFs, Chinese A-Shares
Trading Options
Online trading
How To Start Trading
Sign up online or download mobile trading app
Select Deal
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Provider
Stake
Link
Monthly Fees
$13/month when billed yearly or $15 per month
Brokerage Fees
$3 brokerage for trades up to $30,000 or 0.01% for above $30,000
Investment Name
Black
Investment Type
ETF, Shares, US Stock Market
Trading Options
Download App
How To Start Trading
App store and Google Play
Select Deal
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Provider
Stake
Link
Monthly Fees
$0
Brokerage Fees
$3 brokerage for trades up to $30,000 or 0.01% for above $30,000
Investment Name
Starter
Investment Type
ETF, Shares, US Stock Market
Trading Options
Download App
How To Start Trading
App store and Google Play
Select Deal
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Provider
Stake
Link
Monthly Fees
$13/month when billed yearly or $15 per month
Brokerage Fees
$3 brokerage for trades up to $30,000 or 0.01% for above $30,000
Investment Name
Black
Investment Type
ETF, Shares, US Stock Market
Trading Options
Online trading
How To Start Trading
Sign up in 4mins.
Select Deal
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Provider
Stake
Link
Monthly Fees
$0
Brokerage Fees
$3 brokerage for trades up to $30,000 or 0.01% for above $30,000
Investment Name
Starter
Investment Type
ETF, Shares, US Stock Market
Trading Options
Online trading
How To Start Trading
Sign up in 4mins.
Select Deal
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Provider
Simplicity
Link
Monthly Fees
Yes
Brokerage Fees
annual fees set at 0.10% (NZ Shares fund and NZ Bond fund)0.29% (Growth fund, Balanced fund and Conservative fund)
Investment Name
NZ Shares
Investment Type
NZ Shares fundNZ Bond fundGrowth fundBalanced fund Conservative fund
Trading Options
Online trading
How To Start Trading
Join Simplicity - One easy form
Select Deal
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Provider
SmartShares
Link
Monthly Fees
Up to $50
Brokerage Fees
One-off establishment fee of $30
Investment Name
Smartshares Exchange Traded Funds
Investment Type
35 Exchange Traded Funds (ETFs) Type
Trading Options
Telephone trading
How To Start Trading
Authorised Financial Adviser (AFA) - Call Smartshares on 0800 80 87 80
Select Deal
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Provider
SmartShares
Link
Monthly Fees
Up to $50
Brokerage Fees
One-off establishment fee of $30
Investment Name
Smartshares Exchange Traded Funds
Investment Type
35 Exchange Traded Funds (ETFs) Type
Trading Options
Online trading
How To Start Trading
Apply Online and submit completed form
Select Deal
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Provider
Sharesies
Link
Monthly Fees
Yes
Brokerage Fees
1.9% for orders below fee cap, $25 NZD for orders above fee cap
Investment Name
NZX Shares
Investment Type
NZX, Exchange traded funds (ETFs) and Managed funds
Trading Options
Online trading
How To Start Trading
Sign up for your account
Select Deal
-
Link
Monthly Fees
Up to $10
Brokerage Fees
ETFs market with up to 1:100 leverage$100 to gain the effect of $10,000 capital
Investment Name
Global Shares
Investment Type
Global shares, indices, ETFs and Cryptocurrencies
Trading Options
Download App
How To Start Trading
Adroid App
Select Deal
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Provider
Plus500
Link
Monthly Fees
Up to $10
Brokerage Fees
ETFs market with up to 1:100 leverage$100 to gain the effect of $10,000 capital
Investment Name
Global Shares
Investment Type
Global shares, indices, ETFs and Cryptocurrencies
Trading Options
Online trading
How To Start Trading
Open an account using our various platforms
Select Deal
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Provider
Investnow
Link
Monthly Fees
No
Brokerage Fees
Starting from just 0.03%p.a., including GST
Investment Name
NZ Securities
Investment Type
NZ securitiesGlobal securitiesTerm deposits with several banks
Trading Options
Online trading
How To Start Trading
Sign up for your account
Select Deal
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Provider
Hatch Invest
Link
Monthly Fees
No
Brokerage Fees
$3 USD to buy and sell shares
Investment Name
US Share Market
Investment Type
US-listed sharesExchange traded funds (ETFs)
Trading Options
Online trading
How To Start Trading
Join Hatch in one step - Log In via email
Select Deal
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Provider
Direct Broking
Link
Monthly Fees
Yes
Brokerage Fees
AU$40.00 per trade or 0.70% of trade value up to AU$30,000; 0.70% for the first AU$30,000; plus 0.50% for the portion of the trade value exceeding AU$30,000
Investment Name
AUX Shares
Investment Type
AUX listed shares -Exchange traded funds (ETFs)Bonds and other debt securities
Trading Options
Telephone trading
How To Start Trading
Connect with us 0800 805 777
Select Deal
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Provider
Direct Broking
Link
Monthly Fees
Yes
Brokerage Fees
Greater of NZ$35.50 per trade or 0.80% of trade value
Investment Name
NZX Shares
Investment Type
NZX listed shares -Exchange traded funds (ETFs)Bonds and other debt securities
Trading Options
Telephone trading
How To Start Trading
Connect with us 0800 805 777
Select Deal
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Provider
Direct Broking
Link
Monthly Fees
Yes
Brokerage Fees
Greater of AU$40.00 per trade or 0.70% of trade value
Investment Name
AUX Shares
Investment Type
AUX listed shares -Exchange traded funds (ETFs)Bonds and other debt securities
Trading Options
Online trading
How To Start Trading
Sign up for your account
Select Deal
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Provider
Direct Broking
Link
Monthly Fees
Yes
Brokerage Fees
NZ$29.90 per trade plus 0.30%
Investment Name
NZX Shares
Investment Type
NZX listed shares -Exchange traded funds (ETFs)Bonds and other debt securities
Trading Options
Online trading
How To Start Trading
Sign up for your account
Select Deal
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Provider
ASB Securities
Link
Monthly Fees
No
Brokerage Fees
$15 (for trades up to AU$1,000)$30(for over AU$1,000 and up to AU$10,000)0.30%(over AU$10,000)
Investment Name
Australian Securities
Investment Type
Shares, ETFs (Australian securities)
Trading Options
Online trading
How To Start Trading
Open an ASB Cash Management account
Select Deal
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Provider
ASB Securities
Link
Monthly Fees
No
Brokerage Fees
$15 (for trades up to $1,000)$30(for over NZ$1,000 and up to NZ$10,000)0.30%(over NZ$10,000)
Investment Name
New Zealand Securities
Investment Type
Shares, ETFs (New Zealand securities)
Trading Options
Online trading
How To Start Trading
Open an ASB Cash Management account
Select Deal
Investing made easy: Finding the right investment app in NZ
Although the NZ government has invested a lot of effort in making it easy for investors to get started, investment apps open up many more possibilities, even for beginners.
Want to start investing? Consider these factors before you start:
Learn the fundamentals
Solid knowledge of investing fundamentals is crucial for making smart and informed decisions regarding your investments and app choice. After all, investing can be a daunting prospect to get into. Luckily, many investment apps include guides to help users navigate their interfaces, with some even giving pointers on the best way to invest.
Investing uses some special terms, so when you’re looking for the best apps for investing for beginners, look for one with a dictionary or glossary which can help you understand the terminology. It’ll be very useful should you run into concepts you may be unfamiliar with.
Start with small amounts
Investing carries some amount of risk, so it’s completely understandable for beginners to feel intimidated into jumping in straight away. Fortunately, investment apps give you the chance to only invest small amounts at first; to help you build confidence and good habits that will be instrumental in long-term investing.
Starting out small may seem inconsequential at first, but over time even your small investments will add up, provided you do so consistently. Some apps allow you to automate the process, so you don’t have to worry about missing a contribution. This makes them useful for beginners like students and new graduates.
Make diverse investments
For more experienced investors, you might want to look into diversifying your portfolio and implementing other strategies. To help with this, some apps - like a share investment apps or stake investment apps - offer certain specialities. This gives you access to more markets, and therefore more opportunities to grow your finances.
Stay up-to-date with the latest news
The market is unpredictable, and very few people can accurately predict whether prices would go up or down. Staying up-to-date with recent news can give you a better understanding of the market in real-time.
If this kind of research is up your alley, then an app that shows you the latest financial news and predictions will be very valuable. You can make better investment decisions by keeping informed of business trends across the different markets.
Connect with professionals
This is very relevant for newbies. A great feature to consider when looking for the best investment app for beginners is the ability to connect you with a proven professional or adviser in your preferred field. Their experience is highly valuable, and they can provide insights into how you can become a better investor.
Aside from that, a community feature could be very useful too, allowing you to connect with people of varying backgrounds and skill levels. This way, you can gain insights from different market segments, allowing you to better position your investments in the future.
Here at glimp, we have compiled some of the best investment apps in NZ for you to compare at your own leisure. Use our comparison tool today and see the best results in just a few clicks!
About glimp
glimp is a comparison website for utilities such as broadband, power and gas. glimp has helped thousands of New Zealanders find great deals on their utilities since January 2016. The glimp.co.nz comparison and switching service is designed to help you save time and money by finding you the best deals from participating providers, and at the best prices.
glimp strives to ensure the information on its website is accurate and up to date, but it may exclude special offers from providers. The information is not an endorsem*nt or advice. Before choosing a provider, you must satisfy yourself as to its suitability for your situation. Terms apply.
As someone deeply immersed in the world of investment apps and financial markets, I can confidently say that understanding the nuances of various investment platforms is essential for anyone looking to start their investment journey. Let's break down the key concepts and terms mentioned in the article:
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Managed Funds: These are investment funds that are managed by professional fund managers. Investors pool their money together, and the fund manager invests it in a diversified portfolio of assets such as stocks, bonds, or other securities.
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ETFs (Exchange-Traded Funds): ETFs are investment funds traded on stock exchanges, much like stocks. They typically hold assets such as stocks, commodities, or bonds and provide investors with diversified exposure to a particular market or sector.
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Brokerage Fees: This refers to the fee charged by a brokerage firm for executing trades on behalf of clients. It can be a flat fee per trade or a percentage of the trade value.
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Monthly Fees: Some investment platforms charge a monthly fee for access to their services. This fee may cover account maintenance, customer support, or additional features offered by the platform.
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Online Trading: The ability to buy and sell securities through an online platform rather than through traditional methods such as phone calls or in-person visits to a broker.
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Sign-Up Process: This refers to the steps required to create an account and start using the investment platform. It could involve filling out an online form, providing identification documents, and funding the account.
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Market Diversification: Diversifying investments involves spreading them across different asset classes, industries, or geographic regions to reduce risk. It's a fundamental strategy for managing risk and optimizing returns over the long term.
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Financial News and Analysis: Staying informed about the latest developments in the financial markets is crucial for making informed investment decisions. Some investment apps provide access to real-time news, analysis, and market data to help investors stay up-to-date.
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Professional Advice: Access to financial professionals or advisors can be valuable, especially for beginners. These professionals can provide personalized investment advice, portfolio management services, and guidance on achieving financial goals.
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Community Features: Some investment platforms offer community forums or social features where users can interact, share insights, and learn from each other's experiences. This can provide additional support and education for investors.
In summary, when choosing an investment app, it's essential to consider factors such as fees, investment options, ease of use, educational resources, and support services. By understanding these concepts and conducting thorough research, investors can select the app that best suits their needs and goals.
