M1 Finance
Best For: Building A Free Portfolio For The Long Term
M1 has become our favorite investing app and platform over the last year. With commission free investing, the ability to invest in fractional shares, automatic deposits, and more, M1 Finance is top notch.
If you’re looking for a way to create and maintain a free, diversified portfolio of stocks and ETFs, look no further than M1 Finance. They provide a pretty revolutionary tool/investing app that allows you to setup a portfolio and invest into it (correctly allocated) for free.
What do I mean? Well, imagine a portfolio of ETFs - maybe you have 5 ETFs at 20% each. Well, instead of having to do 5 transactions (and commission for each) when you buy, you can now simply invest and M1 Finance takes care of the rest - for free!
If you don't know exactly how to set it up, you're more than welcome to use one of their already setup portfolios as well.
It doesn't get much better than M1 Finance when it comes to investing for free.
Thanks. Will check it out!