facebookWhich is the best investment platform now for a beginner? And why? - Seedly

Anonymous

18 Apr 2019

General Investing

Which is the best investment platform now for a beginner? And why?

With the lowest charges preferably.

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Sabrina Wong

Edited 25 Oct 2021

Communications at University at Buffalo

Hello! Hugo Save has just launched their app early this year which is a digital account that helps you spend, save & invest, starting with gold. If you are keen, you can download and try the app here: https://www.hugosave.com/

It will only take less than 4 minutes to set up for a Hugo Account and it very suitable for beginners who are just getting started on their financial journey where you can invest in gold for as low as $0.01 and for as long as you want to.

What I especially like about the app is the Roundups feature that silently helps you to save by rounding up your purchases to the nearest dollar and investing your savings into your Gold Vault.

Here's an article about the Hugo Account that you may be interested in and how the features in the app can help you get started and improve your financial journey: https://hugosave.blog/improve-financial-wellbei...

Hope this helps! :)

Hey there!

If you are looking to trade US stocks, want low charges at the same time receive news articles and research materials , I would recommend Saxo Capital Markets. It is a custodian account (as opposed to CDP) which means that it by default has low brokerage fees.

Fees start from $3.99 USD per trade and holding fee is 0.12% of total asset under management (if i recall correctly), which when compared to other brokerage firms, is alot cheaper.

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