An increase in access to mobile investment applications has provided opportunities for young people to invest in their future, but beginning this process and finding funds to do so can be intimidating. This is due to monthly fees, minimum investment values, and the limitation of purchasing whole shares in a company often repelling users due to unaffordability.
Stockpile provides a mobile brokerage platform that focuses on facilitating the purchasing of fractional shares without the limitations and monthly fees of traditional brokers. Custodial accounts can also be made to introduce children to investment, and beginner tutorials are provided to make the first steps to investment less intimidating.
Whilst several other investment platforms are aiming to tackle the financial obstacles of beginner investment through facilitating fractional shares, Stockpile has taken further steps by making the introduction to investing easier, friendlier, and more understandable.
Kirsty
Company Specialist at Welcome to the Jungle