17+ BEST AI Investing Software & Apps for 2022 [Ranked]

AI Investing Software is a software that is used to help with the investment of AI.

There are many different types of AI Investing Software, and it can be hard to know which one is right for you.

That’s why we’ve put together this list of the best AI Investing Software in today’s market.

Let’s jump right in.

Table of Contents

Best AI Investing Software & Apps

#1 Trade Ideas

Trade Ideas is an AI scanner that helps traders find the best trading opportunities in the market. It uses machine learning algorithms to scan the market and identify potential trading opportunities.

Trade Ideas is available as a web-based platform, as well as an iOS and Android app. It offers a free trial, as well as monthly and annual subscription plans.

Trade Ideas – University Beginners 101—Introduction to Trade Ideas

#2 Quantopian

Quantopian is a platform that allows users to create and backtest trading strategies. It uses Python to code trading strategies, and it has a library of over 100 algorithm templates that users can use. Quantopian also offers paper trading, so users can test their strategies before putting real money on the line.

Quantopian is available as a web-based platform. It offers a free trial, as well as monthly and annual subscription plans.

#3 TradingView

TradingView is a charting and analysis platform for financial markets. It offers a wide range of features, including real-time and historical data, technical indicators, news feed, and more. TradingView also has a social network where traders can share ideas and interact with each other.

TradingView is available as a web-based platform and mobile app. It has a free plan as well as monthly and annual subscription plans.

#4 TrendSpider

This app has a really cool feature that allows you to find stocks that are breaking out in real time. You can also use the app to backtest trading strategies and see how they would have performed in the past.

TrendSpider also offers a bunch of other features like creating custom watchlists and alerts, so you’ll always be on top of the latest trends.

How To Use: TrendSpider Unusual Options

#5 Stock Screener Pro

This app is designed for active traders and investors who want to screen for stocks using technical analysis.

With Stock Screener Pro you can create custom scans using over 150 different criteria, so you’ll be sure to find the perfect stocks for your investment strategy.

The app also includes a built-in newsfeed, so you can stay up-to-date on the latest market news.

#6 Black Box Stocks

Black Box Stocks is an AI investing software that enables users to trade stocks with the help of artificial intelligence.

The software provides users with real-time market data and analysis, as well as a variety of tools to help them make the best possible trades.

Black Box Stocks is a great choice for both experienced investors and those new to the stock market.

#8 Wealthfront

Wealthfront is an AI investing software that offers a personalized investment plan and automated portfolio management.

With Wealthfront, you can start investing with as little as $500. The software will then create a personalized investment plan for you based on your goals and risk tolerance.

Wealthfront also offers tax-loss harvesting, which can help you save on taxes. The software is free to use for the first $10,000 invested. After that, there is a 0.25% annual fee.

How To Earn More On Your Savings With Wealthfront

#9 Acorns

Acorns is an AI investing app that helps you invest your spare change. With Acorns, you can start investing with as little as $5.

The app rounds up your credit and debit card purchases to the nearest dollar and invests the spare change into a diversified portfolio of ETFs.

Acorns also offers a retirement account, which gives you access to tax-deferred investing.

Acorns is one of the simplest AI investing apps to use and is ideal for beginner investors.

Acorns Investment App Review After 4 Years

#10 WiseBanyan

WiseBanyan is an investing app that is completely free to use. That’s right, there are no management fees whatsoever. You only need $1 to get started and there are no account minimums. The app makes money through optional premium features that offer more advanced advice and investing tools.

WiseBanyan is a great choice for beginning investors who want to dip their toe in the water without having to pay any fees. The company also offers IRAs and Roth IRAs with the same fee structure.

#11 Betterment

Betterment is one of the most popular robo-advisors on the market today. The company has over $10 billion in assets under management and offers a variety of services including retirement planning, goal-based investing, and tax-efficient investing.

Betterment’s investment philosophy is based on modern portfolio theory and the belief that diversification is the key to long-term success. The company’s algorithm allocates your assets across a variety of asset classes and automatically rebalances your portfolio as needed.

Betterment charges an annual fee of 0.25%.

Betterment Review | Walkthrough | Pros + Cons | Is It Worth It?

#12 Zignaly

Zignaly is an AI-powered trading terminal which offers crypto trading bots and a copy-trading feature.

The Zignaly bot can be connected with 15+ exchanges including Binance, Coinbase Pro, Kraken, Bitfinex, Kucoin, and more. Zignaly’s copy-trading feature allows users to automatically copy the trades of other successful traders on the platform.

#13 TradeSanta

TradeSanta is a cloud-based software that enables users to automate their cryptocurrency trading strategies. The TradeSanta bot is designed to work with major exchanges including Binance, Bitfinex, Bittrex, Huobi, Kucoin, and Poloniex.

The software is free to use and offers a variety of features including backtesting, paper trading, and account management tools.

#14 CryptoTrader

CryptoTrader is a cloud-based automated crypto trading bot that supports 18 different exchanges including Binance, Bitfinex, Bittrex, and Poloniex. CryptoTrader features a strategies marketplace where users can buy and sell successful trading strategies. The bot also allows traders to backtest their trading strategies against historical data.

The CryptoTrader bot is available for free but there is a 0.02% taker fee on all trades.

Pros: Supports multiple exchanges, strategies marketplace, backtesting

Cons: Free version has limited functionality

#15 Gekko

Gekko is an open-source Bitcoin TA trading and backtesting platform that connects to popular cryptocurrency exchanges. The bot supports 18 different exchanges including Bitfinex, Bitstamp, Poloniex, etc.

Gekko is written in Node.js and the bot can be downloaded and installed on Windows, Mac, and Linux operating systems. The bot is easy to use and comes with a web interface that allows users to monitor their strategies and results.

The Gekko trading bot is free and available to everyone. The bot comes with a variety of plugins that can be used to extend its functionality. For example, there are plugins for integrating with Telegram, Slack, etc. There is also a marketplace where users can buy and sell strategies.

Features:

Open-source & free to use
Supports 18 popular exchanges
Web interface for monitoring strategies & results
Plugin architecture for extending functionality
Marketplace for buying/selling strategies

Pros:

Free to use
Web interface makes it easy to monitor the bot
Plugin architecture allows for a wide range of functionality

Cons:

Some features are only available on the paid version
The web interface can be a bit overwhelming for new users

#16 Tickeron

If you are willing to get your hands dirty and do some of the analysis yourself, then Tickeron may be a good fit for you. This AI-based platform provides users with actionable insights and trading ideas for stocks, ETFs, and options.

The app also has a community chat feature where users can share ideas and collaborate on investment strategies.

One of the unique features of Tickeron is its ability to analyze earnings reports and identify stocks that are likely to beat earnings estimates. This can give you a leg up on the competition when it comes to investing in these stocks.

Tickeron also has a mobile app that is available for iOS and Android devices.

#17 Kavout

Kavout is an AI-powered investing platform that provides users with recommendations on what stocks to buy and sell.

The platform uses machine learning algorithms to analyze data and make predictions about the future movements of the markets. Kavout also offers a mobile app that allows users to access their account and make trades on the go.

#18 VectorVest

VectorVest is an AI-powered stock picking and portfolio management software. It analyzes stocks using technical analysis, fundamental analysis, and artificial intelligence to find the best investment opportunities.

The software provides users with real-time market data, news, charts, and analytics. It also offers a mobile app for on-the-go stock picking. VectorVest is suitable for both experienced investors and beginners.

Advantages:

Finds stocks that are undervalued by the market
Analyzes stocks using technical analysis, fundamental analysis, and artificial intelligence
Offers real-time market data, news, charts, and analytics
Has a mobile app for on-the-go stock picking
Suitable for both experienced investors and beginners

Features to Look For in AI Investing Software

When choosing AI investing software, there are a few key features you should look for:

The ability to analyze multiple data sources

The best AI investing platforms will be able to analyze a wide range of data sources including financial reports, news articles, social media posts, and more. This will give them a comprehensive view of the market and help them make better investment decisions.

Machine learning algorithms

Look for platforms that use machine learning algorithms to make predictions about the future movements of the markets. These algorithms constantly learn and evolve over time, so they can provide you with more accurate predictions.

Real-time market data

Make sure the platform you choose provides you with real-time market data so you can make the best investment decisions.

Charts and analytics

Look for platforms that offer charts and analytics so you can visualize the data and make more informed investment decisions.

What Are the Benefits of AI Investing Software?

There are many benefits of using AI investing software, including:

The ability to make better investment decisions

AI investing platforms can help you make better investment decisions by analyzing a wide range of data sources. This gives you a more comprehensive view of the market and helps you find the best investment opportunities.

The ability to automate your investments

AI investing platforms can automate your investments so you don’t have to worry about making trades yourself. This can save you a lot of time and hassle.

The ability to stay informed about the markets

AI investing platforms can keep you up-to-date with the latest market news and developments so you can make informed investment decisions.

How to Use AI Investing Software

If you are interested in using AI investing software, there are a few things that you should keep in mind.

First of all, you need to make sure that you understand how the software works. This is important because you need to be able to trust the software to manage your money.

Second, you need to decide what type of investments you want to make. There are many different types of investments, and each has its own benefits and risks. You need to decide which type of investment is right for you before you can begin using AI investing software.

Third, you need to find a reputable provider of AI investing software. There are many different providers out there, so it is important that you find one that is reputable and that you can trust.

Once you have found a reputable provider of AI investing software, you need to sign up for an account. This will allow you to access the software and start making investments.

Here’s how Morgan Stanley’s AI trading works

Making Investments With AI Investing Software

Once you have set up your account and chosen your investment goals, you can begin using AI investing software to make investments.

Asset selection

The first thing that you need to do is to select the assets that you want to invest in. There are many different assets that you can choose from, and each has its own benefits and risks. You need to carefully consider which assets are right for you before making any decisions.

Setup portfolio

Once you have selected the assets that you want to invest in, you need to set up your portfolio. This will involve choosing the amount of money that you want to invest in each asset and the percentage of your total portfolio that you want to allocate to each asset.

Risk management

After you have set up your portfolio, you need to manage your risks. This includes setting stop-losses and take-profits, as well as managing your overall risk tolerance.

You also need to diversify your investments. This means investing in a variety of different assets in order to reduce your overall risk.

Executing trades

Once you have set up your account and chosen your investment goals, you can begin using AI investing software to make trades.

The software will provide you with trade recommendations based on your investment goals.

You can then choose to accept or reject these recommendations. If you accept a recommendation, the trade will be executed automatically.

If you reject a recommendation, you can choose to enter your own trade manually.

Monitoring your investments

After you have made some trades, you need to monitor your investments. This includes tracking your performance and making sure that your portfolio is performing in line with your expectations.

You also need to monitor the markets in order to identify any changes that could impact your investments.

Making adjustments to your portfolio

As the markets change, you may need to make adjustments to your portfolio. This includes buying and selling assets in order to maintain your desired level of risk.

You may also need to rebalance your portfolio from time to time. This involves selling assets that have increased in value and buying assets that have decreased in value.

Reviewing your performance

You should review your investment performance on a regular basis. This will help you to identify any areas where you can improve.

It will also help you to track your progress and make sure that you are on track to meet your investment goals.

Who Uses AI Investing Software?

Individual investors who want to use AI software to make money in the stock market can find many different options available.

Some software is designed for long-term investing, while others may be more suitable for day trading or even penny stocks.

Many brokerages and investment firms offer their clients AI software as part of a larger suite of tools and services.

For example, Fidelity Investments offers an app called Stocktwits that uses AI to help users find trending stocks and make trade recommendations.

Some financial advisors also use AI investing software to help manage their clients’ portfolios.

For instance, Wealthfront’s Path tool uses machine learning algorithms to automatically rebalance a portfolio based on the user’s goals and risk tolerance.

Who Benefits Most from AI Investing Software?

Many groups can benefit from AI investing software:

Long-term investors

AI software can help you find good investments that match your goals and risk tolerance.

Day traders

AI software can give you an edge in finding stocks that are likely to make short-term gains.

Penny stock investors

AI software can help you find small-cap stocks that have the potential to generate large returns.

Financial advisors

AI software can help advisors manage their clients’ portfolios more effectively.

What Are the Risks of Using AI Investing Software?

There are a few risks to be aware of before using AI investing software:

Loss of control

When you hand over the reins to an automated system, you may lose some control over your investments.

Dependence on technology

AI investing software is only as good as the data it’s using. If there are problems with the data, the software may give faulty recommendations.

High costs

Some AI investing software can be very expensive. Make sure you compare the costs and benefits before signing up for any service.

How to Choose AI Investing Software

If you’re interested in using AI investing software, there are a few things to keep in mind:

Your investment goals

First, think about your investment goals. Are you looking to grow your wealth over the long term, or do you want to make quick profits through day trading? Your answer will help you narrow down your options.

Your risk tolerance

Second, consider your risk tolerance. Are you comfortable with taking on more risk for the potential of higher returns, or do you prefer a more conservative approach? Again, this will help you zero in on the right software for your needs.

Your budget

Third, think about how much you’re willing to spend on AI investing software. Some services can be expensive, so you’ll want to make sure the costs are in line with your budget.

FAQs – AI Investing Software

What is AI investing software?

AI investing software is a type of program that uses artificial intelligence algorithms to make trade recommendations. The goal of most AI software is to help users make money in the stock market by finding good investments and timing their trades correctly.

What are the benefits of using AI investing software?

There are many benefits to using AI investing software. For example, AI software can help you find good investments, track your progress, and make sure you are on track to meet your investment goals. Additionally, some AI software can automatically rebalance your portfolio, which can save you time and effort.

What are the risks of using AI investing software?

There are a few risks to be aware of before using AI investing software.

First, you may lose some control over your investments when you hand over the reins to an automated system. Second, AI investing software is only as good as the data it’s using. If there are problems with the data, the software may give faulty recommendations. Finally, some AI investing software can be very expensive.

Make sure you compare the costs and benefits before signing up for any service.

How do I choose AI investing software?

There are a few things to keep in mind when choosing AI investing software.

First, think about your investment goals. Are you looking to grow your wealth over the long term, or do you want to make quick profits through day trading?

Second, consider your risk tolerance. Are you comfortable with taking on more risk for the potential of higher returns, or do you prefer a more conservative approach?