Are you ready to take control of your financial future and make your money work harder for you?
Ireland has a number of opportunities to grow your money and if you’re wise, financial freedom is just a tap away!
But with so many options available, how can you find the app that’s right for you? Our article has got you covered to help you find the perfect investment app for you.
The Best Investment Apps in Ireland
Here’s what we used to determine why the apps we listed here are among the best for investing in Ireland:
1. Lightyear
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★★ (5/5) |
| INVESTMENT DIVERSITY | ★★★★★ (5/5) |
| FEES | ★★★★★ (5/5) |
| TOOLS | ★★★★☆ (4/5) |
Lightyear emerges as a standout player in the investment landscape, providing a user-centric platform with a myriad of features designed to optimize your financial journey.
Lightyear sets itself apart by offering live data for Germany and the US, ensuring real-time insights for informed decision-making. For other regions, the 15-minute update frequency strikes a balance between accuracy and efficiency.
Unlike traditional investment platforms, Lightyear doesn’t let your cash sit idle. With interest rates as high as 4.50% p.a. net for USD, 4.50% p.a. net for GBP, and 3.00% p.a. net for EUR, your uninvested funds actively contribute to your financial growth (these are true as of 20.10.2023).
Lightyear’s fee structure is refreshingly transparent. Charging minimal amounts for services such as US shares (0.1%, up to $1 max), EU shares (€1 per order), and UK shares (£1 per order), Lightyear emphasises fair pricing, ensuring clients pay only for essential services.
With a multi-currency investment account, Lightyear eliminates constant foreign exchange fees. Offering free ETFs with no execution fees (other fees may apply), a feature often charged for by other platforms, Lightyear empowers users to choose when and how much to convert.
While Lightyear offers attractive interest rates on uninvested cash for USD, GBP, and EUR, the 8.25% p.a. net for HUF is exclusively for Hungarian clients. Expanding this offering to a broader audience could enhance inclusivity.
Risk Disclaimer:
Capital at risk. The provider of investment services is Lightyear Europe AS for the EU. Terms apply: lightyear.com/terms. Seek qualified advice if necessary.
Pros
- Licensed in Europe
- Interest on uninvested cash
- No hidden charges
- Real-time market data
- Diverse investment options
- User-Friendly Interface
- No double conversion of fees
- Zero execution and custody fees for ETFs
- Over 4000 stocks
- Have live data for DE and US and 15min for rest
Cons
- Limited research, technical analysis tools
Customer Reviews
Clean and simple
“The application is simple and clean. You can easily navigate around the application with ease. You receive notifications whenever a dividend is received which is brilliant. The customer service team are really responsive, and if you have any questions about investing, they’re there to support you. Finally, Lightyear is transparent about its fee system…” – Dan, via Investing Reviews
Allows multicurrency trading
“Their multicurrency account doesn’t get nearly enough attention in most reviews. In my opinion, this is one of Lightyear’s main selling points and a huge money-saving feature… With multicurrency, you can convert once and trade or hold that currency for as long as you want, converting back to your local currency only when you want to cash out.” – Claude, via Investing Reviews
2. Trade Republic
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★☆ (4/5) |
| INVESTMENT DIVERSITY | ★★★★★ (5/5) |
| FEES | ★★★★☆ (4/5) |
| TOOLS | ★★★★☆ (4.5/5) |
Explore the future of commission-free investing with Trade Republic, the Berlin-based mobile-only broker now available in Ireland.
Designed for the new generation of investors, Trade Republic offers a user-friendly app, commission-free trades, and unique features like a 4% interest on uninvested funds, making it an innovative choice for those seeking affordable and accessible trading experiences.
Trade Republic stands out by providing a wide range of investment options, including stocks, ETFs, cryptocurrencies, and now government bonds. With over 9,000 tradable instruments, users can build a diversified portfolio tailored to their investment goals.
One of Trade Republic’s standout features is the impressive 4% interest on uninvested funds in Ireland as of October 1st, 2023. This offers users an opportunity to earn returns on idle cash, promoting a strategy for building safer long-term wealth.
Trade Republic’s commitment to commission-free trades and low fees makes it an attractive choice for cost-conscious investors. The transparent fee structure, combined with no commissions on trades, allows users to keep more of their returns.
They provide access to the largest array of ETFs in Europe, offering users a comprehensive selection to diversify their investment portfolio. This extensive ETF collection caters to various investment strategies and preferences.
Trade Republic’s affiliate program is limited to Ireland, potentially limiting access for investors outside this market who may be interested in the platform’s offerings.
Pros
- Diverse Investment Options
- Interest on Uninvested Funds
- Commission-Free and Low Fees
- Largest Array of ETFs
- Offers 4% interest on uninvested funds
Cons
- Restricted Markets
Customer Reviews
“Even though I had difficulties with the delays in response time from the customer service, in the end they have always been able to help me to solve any issues I had with logging in on the app or online. As advertised, the 2% annual interest is paid out in monthly parts and it works very smoothly. I am glad that you have communicated that withdrawals from my savings account are only available after a couple of days, so my expectations were managed beforehand.”
“A fully transparent and user friendly app that allows you to invest part of your money on ETF, Actions and Crypto without any fees in a periodic way.”
3. eToro
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★☆ (4/5) |
| INVESTMENT DIVERSITY | ★★★★★ (5/5) |
| FEES | ★★★★☆ (4/5) |
| TOOLS | ★★★★☆ (4/5) |
The popular eToro emerges as one of the leading investment apps in Ireland with an array of compelling features and advantages.
With its 0% commission and fractional shares, eToro provides a cost-effective platform for investors of all levels. The app’s popularity extends globally, with a trusted reputation among traders in over 100 countries.
Also, eToro’s vast database comprises more than 30 million users and offers access to over 3,000 assets, ensuring a diverse range of investment options.
Unlike other trading apps, eToro has a web trading platform that enhances the trading experience, providing users with flexibility and convenience.
One of eToro’s notable strengths is its support for cryptocurrency trading, with over 60 cryptocurrencies available for trading. This opens up opportunities for investors interested in the burgeoning crypto market.
To add, real-time market data is a crucial feature provided by eToro, empowering users to make informed investment decisions based on up-to-date information. Moreover, the app’s user-friendly interface further enhances the overall user experience.
Social trading, another standout feature, enables users to observe and copy the trades of successful investors. Also, eToro’s active social community contributes to its appeal, as users can interact, share insights, and learn from each other’s experiences.
While eToro has several strengths, it is important to note certain drawbacks. Specific fees are not clearly specified and it only supports a few currencies.
Additionally, there are regulatory risks to consider, as eToro is not registered with the Securities and Exchange Commissions (SECs) of other countries.
Despite these limitations, eToro remains a compelling choice as an investment app in Ireland, offering a wealth of features, a wide range of assets, social trading capabilities, and a vibrant community of traders.
Pros
- 0% commission/fractional shares
- Used worldwide
- Has web trading platform
- Allows cryptocurrency trading
- Real-time market data
- Easy to use app
- Allows social trading
Cons
- Fees not specified
- Has regulatory risks
- Limited currencies
Customer Reviews
User friendly
“I have made a lot of money using this app and especially copying really smart investors. So it’s been a good experience. There is a learning curve but it’s not as severe as some exchanges where it’s almost expected that you are advanced enough to navigate the confusion. But this was more user friendly…” – Ruby H
Straightfoward use
“Excellent experience using the app. This is my first time investing, and using the app is pretty straightforward. However, it would be really good if they could show profits in GBP as well as USD (as an option to choose between).” – David Wardrop
4. AvaTrade
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★★ (5/5) |
| INVESTMENT DIVERSITY | ★★★★☆ (4/5) |
| FEES | ★★★★☆ (4/5) |
| TOOLS | ★★★★★ (5/5) |
AvaTrade is a popular and regulated investment and trading platform in Ireland that has a range of features that cater to both novice and experienced traders.
With regulation from multiple reputable jurisdictions, including FFAJ, CySEC, ISA, and more, AvaTrade ensures compliance and security for its users’ investments. In fact, it’s one of the most regulated platforms worldwide.
Also, AvaTrade’s numerous accolades, such as being recognized as the Most Trusted Broker and Most Trusted Trading Platform EU, further solidify its reputation in the industry.
One of the key advantages of AvaTrade is its flexibility in allowing both crypto and fiat currency trading.
What we like most about this platform is its comprehensive trading education resources, including materials for beginners and a complete trading eBook. Video tutorials further enhance the learning experience, enabling users to develop their trading skills.
With over 1 million clients, AvaTrade boasts a wide database, indicating its popularity among traders.
Also, live market updates and notifications keep users informed about the latest market trends and opportunities.
There are also multiple payment methods allowed, including PayPal, Visa, Mastercard, and wire transfers, providing convenience and flexibility for depositing and withdrawing funds.
Furthermore, AvaTrade provides users with a choice of trading platforms, namely MetaTrader 4 and MetaTrader 5. These platforms are renowned for their advanced features, robust charting tools, and automated trading capabilities.
However, it is important to note that AvaTrade has inactivity fees, which can impact users who do not actively trade or use their accounts.
Additionally, some users may find the platform complex, particularly if they are new to trading. Familiarizing oneself with the platform may require time and effort.
Pros
- Well-regulated
- Multi-awarded
- Helpful Trading Education feature
- Live market update and notifications
- Multiple payment methods
- Multiple Trading Platforms
Cons
- Inactivity fees
- Complex platform
Customer Reviews
User-friendly
“AvaTrade got Amazing products! I was introduced to this platform by a friend! I am not experienced trader! This is a very user friendly App! A specialty AvaProtect option! I can trade risk free and have a better learning experience!” – Dovid from Israel, via Apple Store reviews
Easy to use
“This app is very professional and easy to use. Comparing to other trading apps, this one is the best! Well done AvaTrade.” – Dan Baker JR
5. Binance
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★☆ (4/5) |
| INVESTMENT DIVERSITY | ★★★★☆ (4/5) |
| FEES | ★★★★☆ (4/5) |
| TOOLS | ★★★★★ (5/5) |
Binance stands out as one of the best platforms in Ireland for cryptocurrency, which is a good platform to invest some of your money if you’re a risk taker.
In fact, it’s the world’s largest cryptocurrency exchange with a wide range of cryptocurrencies available for trading, even cryptocurrencies that have just emerged from the market.
We like that Binance allows users to access a diverse portfolio of digital assets, including popular options like Bitcoin, Ethereum, and Ripple, as well as numerous altcoins.
Also, the platform’s support for multi-currency trading provides flexibility for users to engage in various cryptocurrency pairs, expanding their trading opportunities.
We also find the real-time crypto updates helpful for keeping users informed about the latest market trends, ensuring they can make well-informed investment decisions.
Binance’s in-app analytical tools, including advanced trading tools, empower users with the necessary resources to analyze market data, identify trends, and execute trades with precision.
Moreover, the platform’s high liquidity and trading volumes contribute to a vibrant trading environment, providing ample opportunities for users to execute trades at favorable prices.
In terms of fees, Binance offers competitive rates, and users can further benefit from reduced fees by utilizing the native cryptocurrency, Binance Coin (BNB).
Also, the platform supports multiple payment methods globally, accommodating users from different regions and allowing them to deposit and withdraw funds conveniently.
Security is a top priority for Binance, with robust measures in place to safeguard users’ funds and personal information. Two-factor authentication, withdrawal whitelisting, and cold storage for a majority of user assets enhance the overall security of the platform.
However, it has limited support for fiat currencies and there is regulatory uncertainty surrounding cryptocurrency trading and the platform itself.
Pros
- Wide range of cryptocurrencies
- Multi-currency trading
- In-app analytical tools
- High liquidity, trading volumes
- Competitive fees and multiple payment methods globally
- Tight security measures
Cons
- Limited to crypto
- Limited fiat currency
- Regulatory uncertainty
Customer Reviews
Best crypto exchange
“Binance is the best crypto exchange i have come across so far, great UI, easy to navigate, it looks clean and smooth without effecting performance professionals, they are a good company, customer support is amazing, they clearly know what they are doing Lots of choice in crypto…” – Ryan Hawkins
Well-designed
“The app is very well designed, I use the pro version, the only thing that I would change is when you are about to buy/sell any crypto, it would be easier to set the las price instead of writing the price manually, and it would be more comfortable that when using the charts, it would let you configure more functions such as more indicators to choose… But everything in the app is very intuitive, is very easy to use.” – Maximiliano Avallar
6. Plus500
| USER INTERFACE | ★★★★★ (5/5) |
| REGULATION | ★★★★☆ (4/5) |
| INVESTMENT DIVERSITY | ★★★★★ (5/5) |
| FEES | ★★★★☆ (4/5) |
| TOOLS | ★★★★☆ (4/5) |
Plus500 is one of the best investment apps in Ireland and across the globe for having a host of features and advantages for traders.
We like how the platform provides extensive risk management tools, allowing users to effectively manage their positions and minimize potential losses.
With features like stop-loss and take-profit orders, traders can set predefined exit points, enhancing their risk management capabilities.
We also find the app’s interface user-friendly. Navigating the platform and executing trades is seamless, ensuring a smooth user experience.
Real-time market data and analysis are provided, so users are equipped with up-to-date information on price movements, charts, and news updates.
What’s more is that Plus500 has strict regulatory compliance, including the Financial Conduct Authority, Cyprus Securities and Exchange Commission, New Zealand, among others.
Moreover, one of the notable advantages of Plus500 is the absence of commissions.
With a broad client base of over 24 million users globally, Plus500 has established itself as a popular choice among traders worldwide. The availability of 24/7 customer service ensures that users can seek assistance or resolve any issues promptly.
However, futures trading on Plus500 is limited to the United States. Traders interested in futures trading outside of the US may need to explore alternative platforms.
Additionally, Plus500 does not support the widely used MetaTrader trading platform, which may be a drawback for traders who prefer its advanced features and tools.
Pros
- Extensive risk management tools
- User-friendly interface
- Real-time market data and analysis
- Strict regulatory compliance
- No commissions
- Fast and secure withdrawals
Cons
- Futures trading is only in the US
- No MetaTrader Support
Customer Reviews
Real-time prices
“Very good, no problems with deposits or withdrawals, real time prices, you can make alot of money here.” – ramzyki via App Store
Simplest app
“After trading with other, this is the simplest app, all clear and the support always there.” – Itsikalfon, via App Store
FAQs About the Best Investment Apps in Ireland
When it comes to finding the best investment platform, Ireland has a few big names available for its citizens. Some are established abroad while some are based locally.
Read the following for more information: