{"id":2729,"date":"2022-10-31T17:54:31","date_gmt":"2022-10-31T17:54:31","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?post_type=wszen_faq&#038;p=2729"},"modified":"2025-03-28T16:28:49","modified_gmt":"2025-03-28T16:28:49","slug":"what-is-the-safest-app-to-buy-stocks","status":"publish","type":"wszen_faq","link":"https:\/\/www.wallstreetzen.com\/blog\/faq\/what-is-the-safest-app-to-buy-stocks\/","title":{"rendered":"What is the safest app to buy stocks?"},"content":{"rendered":"\n<p>The safest app to buy stocks is <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\" rel=\"noopener\">eToro<\/a>. eToro is the safest app to buy stocks because it\u2019s regulated, secure, trusted by more than 28.5 million users, and more.<\/p>\n\n\n\n<h3><strong>1. eToro is regulated<\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\" rel=\"noopener\">eToro<\/a> is regulated and operates in accordance with FINCEN in the United States and the FCA, CySEC, and ASIC in other countries.<\/p>\n\n\n\n<p>It is very difficult to remain compliant with these regulators which audit brokerages frequently. Any brokerage monitored by these regulators are usually very safe.<\/p>\n\n\n\n<p>Not all platforms are regulated, so be sure to choose one that is monitored to protect investors.<\/p>\n\n\n\n<h3><strong>2. eToro is secure<\/strong><\/h3>\n\n\n\n<p>On <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\" rel=\"noopener\">eToro<\/a>, users\u2019s funds are secured in tier-1 banks and all personal information is guarded under SSL encryption.<\/p>\n\n\n\n<p>Again, if you\u2019re looking for a safe app to buy stocks, be sure to choose a brokerage with these protections.<\/p>\n\n\n\n<h3><strong>3. eToro respects your privacy<\/strong><\/h3>\n\n\n\n<p>Users are in complete control of their account settings.<\/p>\n\n\n\n<p>eToro never sends its users spam or shares data without permission.<\/p>\n\n\n\n<h3><strong>4. eToro has qualified support<\/strong><\/h3>\n\n\n\n<p>eToro\u2019s support team is qualified and available 24\/7. If a user experiences an issue or needs assistance, someone will be available to help.<\/p>\n\n\n\n<h3><strong>5. eToro has real users<\/strong><\/h3>\n\n\n\n<p>eToro has more than <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\" rel=\"noopener\">28.5 million users worldwide<\/a>.<\/p>\n\n\n\n<p>If you need a brokerage account, open one with a broker which has a lot of happy customers.<\/p>\n\n\n\n<h3><strong>6. eToro makes its users aware of the risks<\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\">eToro<\/a> reminds its users that investing involves risk and encourages its users to take proper safety measures, reduce risk wherever possible, stay informed, diversify their portfolios, and more to foster responsible investing.<\/p>\n\n\n\n<p>Some brokerages make money every time you place a trade, so the entire goal of their platforms is to get you to trade.<\/p>\n\n\n\n<p>You should choose a stock market app that focuses on your long-term success as an investor.<\/p>\n\n\n    <div id=\"callout-box-block_32e14299c368e016f1030a4b2f171758\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p><span style=\"font-weight: 400;\">Investing involves risk &#8211; there is no such thing as a risk-free investment (U.S. Government bonds are close, but still aren\u2019t completely free of risk).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Be sure to perform due diligence and know the full risk profile of any investment before\u00a0<\/span><span style=\"font-weight: 400;\">you purchase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Open <\/span><a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-paper-trading?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\"><span style=\"font-weight: 400;\">your eToro account here<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-paper-trading?SubAffiliateID=faq-safest-app-stocks\" target=\"_blank\"><span style=\"font-weight: 400;\">practice investing with a Demo Account<\/span><\/a><span style=\"font-weight: 400;\"> (perfect for new investors!).<\/span><\/p>\n<\/div>\n    <\/div>\n\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\n\t<p>eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/p>\r\n<\/div><\/div>","protected":false},"author":3,"template":"","meta":{"om_disable_all_campaigns":false},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the safest app to buy stocks? - WallStreetZen<\/title>\n<meta name=\"description\" content=\"The safest app to buy stocks is eToro. eToro is regulated, secure, respects your privacy, and has qualified support. 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