Top 10 Best AI Stock Trading App Platforms & Software for 2024 (2024)

Investing in stocks can be an intimidating endeavor, especially for beginners. With hundreds of stock trading platforms and apps to choose from, it can be challenging to determine which one is right for your needs. This is where artificial intelligence (AI) comes in. AI-powered stock trading platforms leverage machine learning algorithms to simplify investing and potentially generate higher returns.

In this article, we will explore the top 10 best AI stock trading apps available today. For each app, we will provide an overview of key features, pros and cons, and our expert opinion on who the platform is best suited for. Whether you are a novice investor or an active trader, there is likely an AI-enabled stock trading app that fits your style. Read on to find the right one for you.

✨ Coinrule – Best Automated Crypto Trading Platform

✨ Forex Gump – One of the Best Forex Trading Robots with Demo Account

✨ ForexVPS – Among the Best Forex Robots with High Execution Speed

✨ BOTS Live Trading Room - BOTS Live Trading Room - BOTS Community Strategy Development Room For Forex, Nadex Options & More!

Wealthfront: Best Robo-Advisor for AI-Powered Investing

Wealthfront is a robo-advisor that uses artificial intelligence to manage your investments. It's a great choice for beginners who want to get started with investing without having to do a lot of research. Here's an overview:

Features

• AI-powered automated investing service that builds and manages a diversified portfolio personalized to your risk tolerance and goals
• Access to human financial advisors for guidance
• Support for individual taxable accounts, IRAs, 401(k)s, and trusts
• Automated rebalancing and tax-loss harvesting to optimize returns
• Low account minimum of $500
• Free financial planning tools

Pros

• Completely automated investing makes it easy for beginners
• Sophisticated AI provides high-quality portfolio management
• Low fees compared to traditional advisors
• Human advisor team provides guidance when needed
• Excellent selection of educational resources

Cons

• Limited investment selection; cannot pick individual stocks
• No desktop platform; mobile app only
• No cryptocurrency or forex trading

Overall, Wealthfront is the best robo-advisor for beginners who want an AI-powered solution to take the guesswork out of investing. The automated service makes investing simple while still providing quality portfolio management.

Betterment: Best AI Stock Trading App with Human Advisors

Betterment is an AI stock trading app that combines artificial intelligence with human advisor support. It's a great choice for hands-off investors who still want access to human guidance.

Features

• Automated investing powered by AI algorithms
• Access to CFP professionals for personalized advice
• Customizable portfolios aligned to your goals
• Tax-loss harvesting and automated rebalancing
• No trading or account fees
• FDIC-insured cash accounts

Pros

• Quality portfolio management from advanced AI
• Personalized guidance from human advisors
• Easy-to-use mobile app and platform
• Promotes responsible, long-term investing
• No account minimums

Cons

• Management expense ratio of 0.25%
• Limited control over specific investments
• No stock trading capabilities
• Limited advanced trading features

For investors who want AI-powered investing combined with human guidance, Betterment is a great choice. The automated technology simplifies investing while the advisors provide personalized recommendations when needed.

Acorns: Best AI Micro-Investing App

Acorns is a micro-investing app that uses AI to automate the investing of your spare change. It's a great choice for beginning investors with limited funds.

Features

• Round-up spare change from everyday purchases and invest it
• Choose from premade ETF portfolios aligned to your risk tolerance
• Automated rebalancing and dividend reinvesting
• Refer friends and earn bonus investment money
• Low monthly price of $1-3 depending on account type

Pros

• Easy way to passively invest small amounts over time
• Low account minimum and fees make it accessible
• Managed portfolios provide solid returns
• Seamless micro-investing rounds up purchases to nearest dollar
• Fun, engaging app promotes good savings habits

Cons

• Limited control over investment selections
• Account balances tend to stay low unless consistently funded
• Round-ups only invest pennies each time
• Funding options limited to round-ups and recurring deposits

For beginning investors with limited funds, Acorns is the best AI micro-investing app. The automated round-ups make it effortless to invest your spare change over time.

Stash: Best AI Stock Trading App for Beginners

Stash is a beginner-friendly stock trading app powered by AI technology. It's a great choice for new investors who want an easy introduction to stock trading.

Features

• Choose from 3 account types: Personal, Retirement, Banking
• Invest in curated stocks and ETFs based on your interests
• Automated portfolio rebalancing and dividends reinvesting
• Education on investing basics and strategy
• Starting price of $1/month with educational content

Pros

• Easy to understand investment options for beginners
• Can invest in brands and companies you use and love
• Automatic rebalancing and dividend reinvesting
• Educational content helps you learn as you go
• Low monthly pricing even with basic account

Cons

• $5/month for retirement accounts
• No advanced trading options like margin
• Limited investment selection compared to full-service brokers
• Ongoing subscription cost

For investing newcomers, Stash provides an ideal blend of simplicity and guidance. The app makes building your first portfolio intuitive and approachable.

Robinhood: Best AI Stock Trading App for Commission-Free Trading

Robinhood combines AI-powered tools with commission-free trading of stocks, ETFs, options and cryptocurrency. It's a great choice for cost-conscious investors.

Features

• Commission-free trading of stocks, ETFs, options and crypto
• Intuitive mobile app with real-time market data
• AI-powered analytics like price predictions
• User-friendly trading features and charts
• Educational content and news feeds

Pros

• Trading all asset classes for zero commission
• Streamlined mobile experience
• Sophisticated trading features for active investors
• Excellent customer service and support

Cons

• Limited retirement accounts and investment choices
• Frequent outages and technical issues
• Controversies around trading restrictions
• Less guidance for complete beginners

Robinhood provides active traders an affordable platform to trade multiple asset classes. The intuitive app and AI-powered analytics make trading straightforward for investors at all skill levels.

SoFi Invest: Best AI Stock Trading App for Socially Responsible Investing

SoFi Invest leverages AI to promote socially responsible investing aligned with your values. It's a great choice for investors who prioritize making a positive impact.

Features

• Choose from 4 risk levels to build your portfolio
• Invest in stocks, ETFs, and crypto aligned with your values
• Get portfolio guidance from AI and human advisors
• Set social mandates like low carbon or diversity
• No fees or account minimums

Pros

• Automated socially responsible investing
• Optional human advisor guidance available
• No trading commissions or account fees
• Excellent educational content on investing
• Managed portfolios for hands-off investors

Cons

• Limited advanced trading functionality
• Higher management expense ratios on some funds
• Smaller selection of investment options
• Crypto only available in specific states

For investors who want their money to reflect their values, SoFi Invest provides AI-optimized and socially responsible portfolio options. The automated features make values-based investing easy.

eToro: Best AI Stock Trading App for Copy Trading

eToro enables you to copy the trades of successful investors using AI copy trading technology. It's ideal for beginners who want to learn from more experienced traders.

Features

• Copy the trades of successful investors
• Access thousands of trader portfolios to evaluate and copy
• AI-powered analytics to identify top-performing traders
• Managed portfolios for hands-off investing
• Practice trading with $100K virtual money

Pros

• Innovative copy trading to learn from the best
• Virtual portfolio helps hone skills without risks
• Trader profiles allow you to track records
• Managed portfolios for passive investors
• Active trading community to engage with

Cons

• High trading fees on some assets
• Many amateur traders with poor returns
• Complex web and mobile trading platforms
• Cryptocurrency availability limited for US

For investors who want to benefit from the skills of seasoned traders, eToro provides the opportunity to copy successful investors in real-time using AI technology. It's an innovative take on social trading.

KuCoin: Best AI Stock Trading App for Cryptocurrency Trading

KuCoin is a powerful cryptocurrency trading platform enabled by AI technology. It's ideal for experienced crypto traders who want advanced features.

Features

• Trade hundreds of cryptocurrencies
• Sophisticated trading tools like margin and bots
• AI-driven analytics, forecasts, and modeling
• Secure cold storage and encryption
• Rewards programs and staking services

Pros

• One of the widest selections of tradable cryptocurrencies
• Advanced crypto trading features
• AI-powered insights and predictive data
• 24/7 customer service and support
• Established security and compliance procedures

Cons

• Geared towards experienced crypto traders, not beginners
• Higher trading fees than some competitors
• Slightly complicated mobile and web platforms
• Limited educational resources

For cryptocurrency traders who want a robust platform equipped with AI, KuCoin provides access to hundreds of coins and sophisticated trading tools. The AI analytics help inform trading decisions.

Pionex: Best AI Stock Trading App for Automated Trading

Pionex enables you to automate your trading using built-in bots and AI technology. It's perfect for busy investors or those wanting to passively invest.

Features

• Choose from dozens of trading bots and strategies
• Automated bot trading based on defined settings
• Free trading bots available
• Cloud-based web and mobile platforms
• Access to 16 crypto exchanges

Pros

• True set-and-forget automated trading
• Customizable trading bots for your strategy
• Trade 24/7 without manual oversight
• Safe and secure cloud platform
• Free trading bots are very user-friendly

Cons

• Platform still relatively new
• Functionality gaps compared to traditional brokers
• Less flexibility to tweak bots
• Limited educational resources

For hassle-free automated trading, Pionex enables you to implement preset or customized trading bots on autopilot. The AI-powered bots do the work of executing trades for you.

Capitalise.ai: Best AI Stock Trading App for Personalized Investment Recommendations

Capitalise.ai provides tailored investing recommendations using AI algorithms. It's ideal for investors who want AI-powered guidance customized to their needs.

Features

• Generate a personalized investment plan
• Choose from projected risk scenarios
• Access AI-selected portfolios or build your own
• Get specific stock, bond, and ETF ideas
• Free 14-day trial period

Pros

• Truly personalized recommendations from AI
• Interactive planning tools
• Test different investment strategies
• Quality educational content on investing
• Free trial lets you test it out

Cons

• No direct trading through the app
• Limited technical analysis capabilities
• Requires linking brokerage account
• Web experience better than mobile app

For AI-powered investment guidance customized to your personal financial situation, Capitalise.ai delivers tailored recommendations to help you invest smarter.

Conclusion

AI technology is making stock trading and investing more accessible than ever before. The top companies profiled in this article are all leveraging AI in different ways to simplify and enhance the investing experience.

The best AI stock trading app for your needs depends on your skill level, strategy, and priorities. Robo-advisors like Wealthfront provide complete automation for hands-off investors. Social trading platforms like eToro allow you to learn from experienced traders using AI copy trading. And for active stock and crypto traders, apps like Robinhood and KuCoin deliver robust trading tools powered by artificial intelligence.

No matter your investing style, incorporating AI can help remove guesswork, boost efficiency, and potentially improve returns. If you're ready to start investing with the help of artificial intelligence, one of these top-rated AI stock trading apps is sure to suit your needs.

Frequently Asked Questions (FAQ)

What are the benefits of using an AI stock trading app?

Some key benefits of AI stock trading apps include:

• Automated investing optimized by algorithms
• Personalized recommendations and portfolio management
• Tools and analytics powered by AI technology
• Potential for higher returns and lower fees
• Simplified experience great for beginners

How accurate are the recommendations from AI stock trading apps?

The accuracy varies across platforms. Overall, AI stock trading apps may not beat the market every year, but they provide automated, personalized recommendations likely to outperform non-AI advisory services over the long run.

Are AI stock trading apps safe to use?

The top AI stock trading apps profiled here are generally safe to use as they are offered by SEC-registered financial advisors and use bank-level security measures to protect your data and money. As with any investing platform, carefully review security practices first.

Can I beat the market returns using an AI stock trading app?

There are no guarantees of beating the market, as returns depend on many factors. However, quality AI stock trading apps have the potential to optimize your portfolio in ways very difficult for an average investor to match manually. So they may be able to outperform non-AI investors over time.

How do I choose the right AI stock trading app for me?

Consider your investing experience, strategy, assets, and priorities. Apps like Betterment and Wealthfront are best for hands-off investors wanting automated AI portfolio management. Platforms like Robinhood or eToro offer robust trading tools for active investors. And KuCoin or Pionex appeal to experienced crypto traders wanting advanced features.

What is the best AI stock trading app for beginners?

Excellent AI stock trading apps for beginners include:

• Acorns - Micro-investing makes it easy to start by investing spare change.
• Stash - Curation of beginner-friendly stocks and ETFs.
• Betterment - Automated investing with optional human guidance.
• Wealthfront - AI-powered robo-advisor handles portfolio management.

Any of these platforms provides an easy on-ramp for investing newcomers to get started using AI technology to their benefit.

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