7 Best Alternatives To How2invest

How2invest is an online investment platforms to gain returns on your capitals. Here is the list of 7 best alternatives to How2invest for you to explore.

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23 May 2024 1:28 PM
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7 Best Alternatives To How2invest
7 Best Alternatives To How2invest

When it comes to investment platforms, How2invest is one of the best online investment platforms out there. However, when it comes to matters of money one should always have a choice. One should be able to choose from multiple different investment platforms and to help you do that today we bring you seven alternatives to How2invest.

These platforms are not written in any specific order and come with their own unique advantages that put them on par with How2invest and other investment platforms like it. So, without further wait, here are the best How2invest alternatives for you.

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Fidelity Investment

Fidelity is the one investment platform that you will find on every investment platform list out there and almost always at the top of the list. This only goes to show why it is not only a good alternative to How2invest but may even be a better choice and here is why.

  • Unlike most investment platforms out there, you don’t need to have a minimum amount to open a Fidelity account and this applies for both EFT and US stock.

  • Not only that but Fidelity does not have any account fees that you have to worry about.

  • It also has one of the best apps, with an easy-to-use interface and graphics that are optimum for trading.

Betterment

Betterment is another great choice as an investment platform and a great alternative to How2invest, especially for those who are still new to investing but want a diverse portfolio. However, the more diverse your portfolio is the harder it is to manage it, but Betterment helps with that.

  • It helps you manage a diverse portfolio through its excellent app, which is available for both iOS and Android.

  • Similar to Fidelity it also has low costs for all its investment accounts.

  • However, if you are a conservative investor, you may not like the number of equities.

  • But you still might stay for its tax-lost harvesting.

Robinhood

The first pro everyone shares about Robinhood is that it is commission-free and by being commission free it attracts millions of investors making it a giant among investment platforms and a great alternative to How2invest. But wait, there is much more that Robinhood offers.

  • Not only are there no commissions, but it has no fees either and that includes, everything from EFTS to cryptos.

  • But this does not mean everything is free, as there are some premium features that are locked behind a paywall, but it only costs $5 per months.

  • Even then if you are a beginner at investing, Robinhood is the best platform for you to learn and grow.

Merrill Edge

If you are not a beginner and want to play with the big boys then we suggest Merril Edge. We cannot even consider it an alternative to How2invest, but rather an upgrade in every possible way. To give you an idea of what we are talking about, its parent company is the Bank of America.

  • So, if you are already a member of Bank of America it gives you an added advantage over others.

  • But investors of all levels are welcome and can thrive at Merrill Edge.

  • It has great educational material and can help you plan your future investment policy.

  • It also has 24/7 customer support should you ever need it.

Binance.US

If you are not a fan of crypto then Binance.US may not be the first choice for you. But cryptocurrencies are a reality now and not a bubble as most of us thought. So Binance may not be a traditional alternative to How2invest but it is still a very good choice.

  • It offers more than 50 cryptocurrencies for trading all at very low cost.

  • It has a great app that is very easy to use and is perfect for beginners.

  • It has strong reviews from people who use it for investing and this is despite what is happening in the crypto world as a whole.

TD Ameritrade

When it comes to traditional forms of trading, Ameritrade is a one-stop shop for all kinds of trading, except for cryptocurrencies. So, if you are the kind of person who likes to dabble in everything but isn’t a fan of crypto then TD Ameritrade is perfect for you and a great alternative to How2invest.

  • Forex, Options, OTC, futures, you name it Ameritrade has it for investing and trading.

  • It even offers Margin Trading that not every investment platform offers.

  • Despite the kind of services it offers, there is no account minimum required to get started.

  • Its mobile app is one of the best broker apps out there.

Ally Invest

Ally Invest is truly an ally of yours if you want to get into the investment sector. It is a great alternative to How2invest and provides so many extra features that once you start using it, you will forget about all other investment platforms.

  • For starters it takes no commission on your EFT and stock trading.

  • It provides you with the latest research and real-time news, two things that are essential for trading and investing.

  • If you have an account in Ally Bank then it is even more beneficial for you as you get to reap all of Ally’s rewards and perks.