Best AI Investing Apps/Platforms 2024

The use of Artificial Intelligence in investing is spreading fast like wildfire. Almost every major investment platform are either applying or planning to start applying artificial intelligence to make their platforms beginner friendly and generally better.

With some major investment platforms applying artificial intelligence in their investment apps, I took the challenge of listing the best amongst the rest.

Here are the best AI investing Apps/Platform:

1. WealthFront

WealthFront is an AI-based investment platform that democratized investing by providing services that ordinarily requires an expensive personal investment advisor to receive.

It was launched in December 2011, and has built up its Assets Under Management (AUM) to $11.5 billion. Their services (financial advice & automated investment management) appeals to both beginners and experienced investors.

WealthFront offers a variety of investment methodologies and portfolio. Primarily, they use the modern portfolio theory in portfolio creation, they also offer Socially Responsible Investment (SRI), Smart Beta, and Risk Parity.

Using the MPT, they first determine your investment goals, time horizon, and risk tolerance, thy build a portfolio designed to work within those parameters.

The WealthFront App is definitely one of the best AI investment Apps out there.

Features of WealthFront

  • Minimum initial investment – $500
  • Availability – IOS & Android
  • Security – Funds invested in WealthFront are covered by SIPC. They follow data protection best practice and don’t store accounts passwords.
  • Fees: 0.25%


  • Free for accounts under $5,000
  • Financial planning feature
  • Low ETF expense ratios
  • Portfolio Credit Line
  • Daily loss harvesting
  • Reasonably priced
  • Wide range of investment options
  • Automatic Rebalancing
  • Tax-loss harvesting
  • 529 plan option
  • $1 Minimum cash account
  • Can manage external accounts


2. Betterment

Betterment is the largest AI investment platform with about $15 billion in Assets under Management (AUM). And its AI-based investment apps is hands-down one of the best that allows you to invest better and smarter with no human involvement.

It was founded in 2008, by Jon Stein as the first widely available AI investment platform.

The betterment app uses algorithms to determine the best investment strategy for you based on your goals ad risk tolerance, like many other AI-based investment apps.

Unlike WealthFront, the betterment app only invests in Exchange Traded Funds (ETFs). You can essentially use the app to:

  • Review your activity history
  • Make deposits
  • See an overview of external linked financial accounts
  • See your account balance and performance chart
  • Set up and manage everyday checking and savings accounts
  • Send a message to customer support

Features of Betterment App

  • Minimum initial investment – $0
  • Availability: IOS & Android
  • Management Fees – 0.25%


  • No account minimum
  • Fractional shares investment
  • Robust goal-based tools
  • easy to use
  • long-term retirement planning and advice
  • Tax-loss harvesting
  • Access to certified financial planners
  • Automatically sends money to betterment when your bank account exceeds a certain balance (based on your preference)



  • Limited number of investments
  • No direct indexing
  • Unable to manage external accounts


3. SofiWealth

Sofi Automated Investing is an investment management platform that combines artificial intelligence investing with access to human financial advisors.

Its app ‘SofiWealth’ helps customers create and maintain low-cost, diversified portfolios of Exchange Traded Funds (ETFs) that track stock and bond indexes.

Sofi was founded in 2011 by Milas Cagney, Dan Macklin, James Finnigan and Ian Biady, four students who met at Stanford Graduate School of Business.

SofiWealth focuses on index funds to meet financial goals; the grandmaster of low-cost ETF investing. It’s suitable for all kind of investors, from beginners and experienced investors and everybody in-between.

Features of SofiWealth

  • Minimum initial investment – $100
  • Availability – IOS & Android
  • Management fees: Free under $10,000 and Sofi Borrowers 0.25%


  • Broad range of low-cost investments
  • Free management through 2019
  • Automatic rebalancing
  • Free access to certified financial planners
  • Strong customer support


  • Limited account types
  • No tax-loss harvesting
  • No 529 plans


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