Cash App Investing
Launched in 2019, Cash App Investing is an online investment platform that offers one of the easiest ways to send money, spend money, save money, and trade various financial assets, including stocks, ETFs, and cryptocurrency. They aim to provide everyone with access to important financial services so they can fully participate in the economy. Like many brokerages, Cash App Investing does not charge commissions for stock transactions, and there are educational resources and guides on the broker’s website to help beginners to get started easily.
Cash App Investing, Pros & Cons
- Mobile trading platform
- Educational resources
- $1 minimum deposit
- No MetaTrader platforms
- Limited trading instruments
- No standalone trading tools
In this detailed Cash App Investing review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Cash App Investing Overview
Operating from the United States of America, Cash App Investing is an online financial services provider that gives you access to hundreds of stocks whilst allowing you to send and receive cryptocurrencies, such as bitcoin. The minimum deposit required to begin trading is $1, and no commission is charged on trades. They provide a responsive client support team to assist traders.
Cash App Investing Regulation
Cash App Investing LLC is a registered broker-dealer as well as a member of FINRA and SIPC.
Cash App Investing Countries
The broker offers its services to residents of the United States who are up to 18 years old.
Some Cash App Investing features and products mentioned within this Cash App Investing review may not be available to traders from certain countries because of legal restrictions.
Cash App Investing Platforms
Trades are carried out via the Cash App Investing platform; a proprietary trading platform that allows you to trade commission-free stocks and exchange-traded funds (ETFs). This combination of commission-free trades and beginner-friendly technology makes Cash App Investing suitable for all levels of traders. The platform also offers investment in stocks, ETFs, and Bitcoin.
However, the Cash App Investing trading platform lacks some useful trading tools, such as an advanced charting tool. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores.
Cash App Investing Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
Cash App Investing Education
The broker’s website contains some educational resources, including learning articles, trading guides, videos, and an FAQ section that answers some of the common questions that traders may have.
Cash App Investing Instruments
Cash App Investing offers the following financial assets: Stocks, ETFs, Bitcoin, and more.
Cash App Investing Accounts & Fees
Traders are provided with a single live trading account. The Cash App Investing trading account is a self-directed account that requires a minimum deposit of $1 to begin trading.
As broker fees can vary and change, there may be additional fees that are not listed in this Cash App Investing review. It is imperative to ensure that you check and understand all of the latest information before you open a Cash App Investing broker account for online trading.
Cash App Investing Support
The broker provides traders with a knowledgeable customer support team who are always available to respond to clients’ general, technical, and account-related inquiries. The support team can be contacted via telephone, email, social media, or by visiting their physical office in San Francisco, California.
Cash App Investing Deposit & Withdrawal
Traders can deposit and withdraw funds via any of the following payment methods:
- ACH deposits
- Bank transfers
- Credit/Debit cards, such as Visa and MasterCard
- P2P Payments
Cash App Investing Account Opening
To open an account, click on the ‘Sign Up’ icon on the homepage of the broker’s website and fill in the account application form, providing all the necessary information and documents.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Cash App Investing Summary
Cash App Investing is a financial application that allows you to buy and sell both stocks, ETFs, and Bitcoin whilst allowing you to transfer money with your peers. They provide traders with educational resources as well as a responsive client support team to assist them. Trades are carried out via an in-house-developed trading platform, which is available as a mobile app. The minimum deposit required to begin trading is $1.
Investing in financial assets comes with a high risk of losing money rapidly. You should consider whether you understand how financial assets work and whether you can afford to take the high risk of losing your money.