# Cash App for Stocks Review
Cash App is a mobile payment service that allows users to send and receive money, make purchases, and invest in stocks. Since its launch in 2013, Cash App has become one of the most popular mobile payment services in the United States, with over 30 million active users. In this review, we will focus on Cash App’s stock investment feature.
## Investing in Stocks with Cash App
Cash App allows users to invest in stocks and exchange-traded funds (ETFs) with as little as $1. Here are some of the key features of Cash App’s stock investment feature:
### Fractional Shares
Cash App allows users to buy fractional shares of stocks and ETFs. This means that you can invest in high-priced stocks such as Amazon or Google with as little as $1.
### Automatic Investing
Cash App allows users to set up automatic recurring investments in stocks and ETFs. This can be a great way to build a diversified portfolio over time.
### No Fees
Cash App does not charge any fees for buying or selling stocks and ETFs. However, keep in mind that there may be fees associated with the underlying investments.
### Easy to Use
Cash App’s stock investment feature is easy to use, even for beginners. The app provides real-time stock quotes and allows you to track your portfolio performance.
## Pros of Using Cash App for Stocks
Here are some of the advantages of using Cash App for stocks:
– Low minimum investment: Cash App allows you to invest in stocks with as little as $1.
– No fees: Cash App does not charge any fees for buying or selling stocks and ETFs.
– Automatic investing: Cash App allows you to set up automatic recurring investments in stocks and ETFs.
– Easy to use: Cash App’s stock investment feature is easy to use, even for beginners.
## Cons of Using Cash App for Stocks
Here are some of the disadvantages of using Cash App for stocks:
– Limited investment options: Cash App only allows you to invest in stocks and ETFs. If you want to invest in other assets such as bonds or mutual funds, you will need to use a different platform.
– Limited research tools: Cash App does not provide as many research tools as other investment platforms. If you are a more advanced investor, you may want to use a different platform.
– Limited customer support: Cash App’s customer support can be slow to respond. If you have a problem with your account, it may take some time to get it resolved.
## Frequently Asked Questions
### Is Cash App safe for investing in stocks?
Yes, Cash App is safe for investing in stocks. The app uses encryption to protect your financial information and has multiple security features to prevent unauthorized access to your account.
### Does Cash App charge fees for buying or selling stocks?
No, Cash App does not charge any fees for buying or selling stocks and ETFs. However, keep in mind that there may be fees associated with the underlying investments.
### What stocks can I invest in with Cash App?
Cash App allows you to invest in a wide range of stocks and ETFs. However, keep in mind that the app may not offer all the stocks and ETFs that you are interested in.
### Can I set up automatic investments with Cash App?
Yes, Cash App allows you to set up automatic recurring investments in stocks and ETFs.
### How do I track my portfolio performance on Cash App?
Cash App provides real-time stock quotes and allows you to track your portfolio performance within the app. You can also view your portfolio performance over time using the app’s historical charts.