Recently, I was looking for the best investment apps for beginners and came across these 5 platforms, which are actually quite accessible. The thing is, when you’re just starting out with not much money, you need something that doesn’t make your life harder with hidden commissions or interfaces that are impossible to understand.

MyTrade was the one I liked the most for getting started. You can start with as little as $20, it has integrated TradingView charts, and the interface is clean, with no unnecessary clutter. It’s ideal if you’re a beginner and want something simple. AvaTrade is more for people who already have experience, because it offers much more leverage and access to MetaTrader 4 and 5. Plus500 has the greatest variety of assets—over 2800—so if you want to diversify quite a lot, it’s a good option.

XM has something that caught my attention: the minimum deposit is just $5, the lowest of them all. But yes, it’s more sophisticated and better if you already know what you’re doing. eToro, on the other hand, has a copy trading feature that’s interesting if you want to learn by watching how more experienced investors operate.

The truth is that choosing among these best investment apps depends a lot on your level. If you’re completely new, Mirade or eToro are your best options. If you already have experience and want more control, AvaTrade or XM will give you that. Plus500 is in the middle, with a fairly wide range of assets.

What became clear to me is that nowadays you don’t need a huge amount of capital to start investing. Any of these best investment apps for beginners lets you try with little money, practice in risk-free demo mode, and then scale up. Just be careful with high leverage, because it can multiply your losses just as quickly as your gains. Before putting in real money, practice well and make sure you understand what you’re doing.