Its retirement and 529 accounts allow you to invest for your and your children’s futures.įrom a usability standpoint, Spire is first-rate. Plus, you needn’t commit yourself to short-term buying and selling Spire offers a range of account types outside of normal taxable investment accounts, like you find at Robinhood. This practice, called selling order flow, is thought by some to result in customers getting worse prices when they buy or sell investments.
There are no account fees, and your orders aren’t sold to high-frequency trading shops. Spire has no account or investment minimums, and it features fractional share investing, allowing you to buy less than one share of a particular security.
Designed for inexperienced traders, Spire combines savings graphics and nudges with the ability to buy and sell stocks. No app we reviewed scored as highly across the board as Fidelity’s relatively new product, Spire.