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    • Home • Advice • Common questions

    How can invest money online? Do I need an app etc?

    25 August 2022

    Question by Christopher

    If I would like to invest money, let's say 50 a month for a long period of time, probably over the next 10 to 20 years, how can I do this online? Do I need an app etc?

    Answered by Boring Money

    Hi Christopher,

    Thank you for your question.

    You can certainly invest online. most providers have very low minimums, often just £1.

    You may want to search this site and compare providers. Alternatively, a quick Google search will bring up various options. Broadly, you have a few options:

    Find a provider where you can self-select your investment funds/shares. if you feel confident doing this.

    Find a 'robo adviser' where you'll complete various questionnaires and be guided into certain investments.

    Seek advice from a financial adviser - However, it is likely your investments are too low for any IFA.

    Most providers and robo-advisers will have an app where you can see your investments at any time.

    Hope that helps for now.

    Oliver

    Answered by

    Boring Money

    Here to help you understand your options and make smart money choices.

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.