Best Investing Apps That Put Recurring Buys on Autopilot

Finding the best investing apps recurring investments support is less about chasing the flashiest app and more about matching automation features to how you actually invest. The strongest options let you schedule deposits, automate stock or ETF purchases, use fractional investing or small-dollar contributions, and keep your strategy consistent without needing to time the market.

This guide compares the investing apps and platforms specifically supported by the source data: Fidelity, Raiz, Wealthsimple, and Interactive Brokers. Where details are limited in the available research, this article says so clearly rather than filling gaps with unsupported assumptions.

1. How Recurring Investments Work

Recurring investments are scheduled purchases or contributions that happen automatically at a frequency you choose. Instead of manually placing a trade every week or month, you set up a repeat transaction once and let the app or brokerage execute it according to your instructions.

At Fidelity, recurring investments can automate trades in stocks, mutual funds, ETFs, and Fidelity Basket Portfolios. The investment can be funded from a Fidelity core cash position or from a linked bank account.

Fidelity’s recurring investment setup lets investors choose:

• Amount: The dollar amount to invest each time.
• Frequency: How often the investment repeats.
• Timing: The day or schedule for the transaction.
• Funding source: Fidelity cash position or linked bank account.
• Investment type: Stocks, ETFs, mutual funds, or baskets.

Fidelity also states that investors can modify or cancel recurring investments if their needs change.

Recurring investing is designed to make regular investing easier, but it does not remove market risk. Fidelity notes that investment values fluctuate and investors may gain or lose money.

Dollar-Cost Averaging in Practice

A major reason investors use recurring purchases is dollar-cost averaging. Fidelity defines dollar-cost averaging as investing equal portions of money at regular intervals regardless of market direction.

The idea is simple: you buy more shares when prices are lower and fewer shares when prices are higher, assuming the same dollar amount is invested each time. This can help reduce the impact of volatility on the overall purchase price.

However, Fidelity also cautions that dollar-cost averaging does not assure a profit or protect against losses in declining markets. For a periodic investment plan to work as intended, investors need to keep purchasing through both market ups and downs.

2. Why Automated Buying Appeals to Long-Term Investors

Automated buying appeals to long-term investors because it turns investing into a repeatable habit. Instead of relying on motivation, market predictions, or manual reminders, recurring investing builds consistency into the account.

For investors comparing investing apps recurring investments features, the key appeal usually falls into four categories.

Consistency

Fidelity describes recurring investing as a way to “set your investing on repeat.” That matters because long-term investing often depends less on perfect timing and more on sustained participation.

Raiz uses similar language for its Australian investing app, describing its recurring investments as “set & forget” daily, weekly, or monthly investment top-ups.

Reduced Market-Timing Pressure

Recurring investing helps investors avoid making every purchase decision based on short-term market movements. Fidelity specifically frames dollar-cost averaging as a way to help mitigate market timing risk.

This does not mean automated buying guarantees better returns. It means the investor is following a predefined schedule instead of deciding each time whether the market feels “safe” or “expensive.”

Small-Dollar Accessibility

Recurring investing can also make investing feel more approachable. Fidelity allows recurring investment plans for stocks, ETFs, and baskets from $1 to $100,000, while mutual fund recurring investments can be set between $10 and $100,000, subject to fund minimums.

Raiz emphasizes small, consistent investing through features like round-ups, recurring top-ups, and lump-sum contributions. Its round-up feature automatically invests change from purchases to the nearest dollar.

Automation Beyond Buying

Some apps combine recurring investments with broader automation. Raiz, for example, offers ready-made portfolios, round-ups, savings goals, Raiz Rewards, and goal-based “Jars.” Fidelity supports recurring purchases into individual securities, mutual funds, ETFs, and basket portfolios.

That distinction matters: some investors want automated portfolio construction, while others want full control over what gets bought.

3. Best Investing Apps for Recurring Investments

The best app depends on whether you want self-directed recurring trades, micro-investing, portfolio automation, crypto exposure, or a more advanced scheduled investing workflow. Based strictly on the source data, these are the investing apps and platforms with confirmed recurring investment features.

1. Fidelity — Best for Self-Directed Recurring Stocks, ETFs, Mutual Funds, and Baskets

Fidelity is the most detailed recurring investment platform in the available research. It supports automatic recurring investments in stocks, mutual funds, ETFs, and Fidelity Basket Portfolios.

Fidelity recurring investments can be funded from a Fidelity core cash position or a linked bank account. Investors can set the amount, frequency, and timing, then change or cancel the plan as needed.

Key confirmed features include:

• Recurring Securities: Stocks, ETFs, mutual funds, and Fidelity Basket Portfolios.
• Funding Options: Fidelity core cash position or linked bank account.
• Minimums: $1 to $100,000 for stocks, ETFs, and baskets; $10 to $100,000 for mutual funds.
• Trade Execution: Stock and ETF recurring trades are placed as market orders on the selected investment date.
• Non-Trading Days: If the selected date falls on a non-trading day, the order executes on the next trading day.
• Eligible Accounts: Nonretirement brokerage and cash management accounts, retirement accounts such as traditional, rollover, and Roth IRAs, and health savings accounts.
• Fees: Fidelity states recurring investments and transfers can be managed for free, with $0 commissions for online U.S. stock and ETF trades, subject to stated exclusions.

Fidelity is especially relevant for investors who know what they want to buy and want recurring execution without moving into a fully managed robo-style portfolio.

2. Raiz — Best for Micro-Investing, Round-Ups, and Ready-Made Portfolios

Raiz is positioned around making saving and investing simple, especially for users who want automation and small-dollar habits. The platform says more than 1.5 million Australians have signed up, with a 4.7-star rating across more than 45,000 reviews, and more than $2 billion in funds under management.

Raiz supports several automation tools:

• Round-Ups: Automatically invest change from purchases to the nearest dollar.
• Recurring Investments: Set daily, weekly, or monthly investment top-ups.
• Lump Sum Investments: Make one-off contributions as often as desired.
• Savings Goals: Set goals in the app.
• Raiz Rewards: Shop with participating brands through the app and have a percentage of the purchase automatically invested.
• Portfolio Switching: Invest, withdraw, and switch portfolios without additional fees, according to Raiz.

Raiz offers ready-made portfolios and a build-your-own option:

Raiz is best suited, based on the data, for investors who prefer app-based automation, portfolio templates, and micro-investing tools rather than selecting every individual recurring stock or ETF purchase manually.

3. Wealthsimple — Best Confirmed Option for Recurring Stocks, ETFs, and Crypto Assets

The available source data for Wealthsimple is limited to a help-center search snippet, but it confirms an important feature: recurring investments allow users to automate purchases of stocks, ETFs, or crypto assets.

Because the provided research does not include Wealthsimple’s pricing, minimums, execution method, spread details, account types, or eligible markets, those should be checked directly before opening an account.

Still, for users specifically searching for investing apps with recurring purchases across traditional and crypto assets, Wealthsimple belongs on the shortlist based on the confirmed recurring investment support.

4. Interactive Brokers — Best Confirmed Option for Predetermined Scheduled Strategies

The available data for Interactive Brokers comes from a search snippet stating that its Recurring Investments feature lets users set up and execute a predetermined investment strategy by automatically investing funds on a recurring schedule.

That confirms scheduled investing support, but the source data does not provide minimums, supported assets, pricing, or execution details. For that reason, Interactive Brokers can be considered a platform to investigate further rather than one that can be fully compared on recurring investment mechanics from the available research alone.

4. Recurring Stock and ETF Purchase Features Compared

For many investors, the most important question is simple: can the app automatically buy the stocks or ETFs I choose?

Based on the source data, Fidelity provides the most complete recurring stock and ETF purchase information. Wealthsimple and Interactive Brokers have confirmed recurring investment functionality, but fewer details are available. Raiz supports recurring top-ups and its Plus portfolio can include ETFs and ASX-listed stocks, but the source data describes Raiz more as an automated portfolio and micro-investing app than a traditional recurring stock-order platform.

If exact trade execution matters to you, Fidelity is the only platform in the provided research that clearly states how stock and ETF recurring trades are placed: as market orders on the selected investment date.

Market Orders and Timing

Fidelity states that stock and ETF recurring trades are placed as market orders on the selected investment date. Mutual fund orders are placed at the next available price based on the selected investment date.

If the chosen investment date is not a trading day, Fidelity says the order executes on the next trading day.

That is useful for planning, but investors should understand that market orders execute at available market prices rather than a preset limit price.

5. Fractional Shares and Minimum Investment Requirements

Small minimums are one of the main reasons recurring investing apps have become popular. The available source data gives specific minimums for Fidelity and small-investing features for Raiz, but does not provide exact minimums for Wealthsimple or Interactive Brokers.

Fidelity Minimums

Fidelity’s recurring investment range is unusually clear in the research:

• Stocks, ETFs, and baskets: $1 to $100,000
• Mutual funds: $10 to $100,000

For investors who want to automate a small dollar amount into ETFs or selected stocks, that $1 starting point is a key feature.

Raiz Micro-Investing

Raiz focuses on making investing accessible through automation rather than publishing a specific minimum in the provided source data. Its round-up feature automatically invests spare change from everyday purchases, and its recurring investments can be scheduled daily, weekly, or monthly.

Raiz also allows users to make lump-sum investments and set savings goals inside the app.

6. Fees, Spreads, and Subscription Costs

Fees can materially affect long-term returns, especially for recurring investors making many small purchases. The available source data includes clear Fidelity fee information and limited Raiz fee language. It does not provide spread data for any platform.

Confirmed Fee Details

Fidelity Fees

Fidelity states that recurring investments and transfers can be managed in one place for free. It also states there are no commissions for online U.S. stock and ETF trades.

However, Fidelity’s own disclosure notes important exceptions:

• Other fees and expenses may apply to continued investment.
• Expenses charged by funds, managed accounts, certain HSAs, commissions, interest charges, or other expenses may still apply.
• A limited number of ETFs are subject to a $100 transaction-based service fee.
• Some professional trader designations may be subject to different equity commission charges.

Raiz Subscription Model

Raiz describes its monthly subscription as “plain and simple” and says users can invest, withdraw, and switch portfolios without additional fees. The exact subscription price is not included in the provided source data.

Because recurring micro-investors may contribute small amounts, the subscription cost should be compared against expected contribution size before choosing the app.

At the time of writing, the provided research does not include spread data for Fidelity, Raiz, Wealthsimple, or Interactive Brokers. Investors comparing crypto, foreign-listed assets, or app-based execution should verify spreads directly with the provider.

7. Portfolio Automation vs Self-Directed Investing

One of the biggest differences among recurring investing apps is whether they automate the portfolio or simply automate the purchase.

Self-Directed Recurring Investing

Self-directed recurring investing means you choose the stock, ETF, mutual fund, or basket, and the platform executes the recurring purchase.

Fidelity fits this category strongly because it lets investors automate purchases of:

• Stocks
• ETFs
• Mutual funds
• Fidelity Basket Portfolios

Fidelity Basket Portfolios add a layer of efficiency because they let investors create baskets of stocks and ETFs and manage them as one investment. Recurring investments can then be added to the basket.

This is useful for investors who want control but do not want to manually rebalance or place multiple trades every contribution cycle.

Portfolio-Based Automation

Raiz is more portfolio-oriented. It offers ready-made portfolios that range from Conservative to Aggressive, plus themed options like Emerald, Sapphire, Property, and Plus.

Its Jars feature also lets users create personalized goals, with each jar having its own portfolio and investment strategy. Recurring investments can be set at a frequency that works for the user.

8. Cash Management and Dividend Reinvestment Options

Cash movement is central to recurring investing. An app may support recurring purchases, but investors also need to know how money enters the account and whether idle cash or dividends can be automated.

Cash Funding and Transfers

Fidelity provides the clearest information here. It allows recurring investments to be paid from either:

• Fidelity Core Position: Cash already inside the Fidelity account.
• Linked Bank Account: External bank funding.

Fidelity also supports recurring automatic deposits and withdrawals between a linked bank account and Fidelity account. It also allows scheduled transfers between Fidelity accounts.

Eligible accounts include:

• Nonretirement Accounts: Brokerage accounts and cash management accounts.
• Retirement Accounts: Traditional, rollover, and Roth IRAs.
• Health Savings Accounts: HSAs.

Raiz supports recurring investment top-ups and lump-sum investments, but the provided source data does not detail bank transfer mechanics. It also offers Raiz Rewards, where shopping through participating brands results in a percentage of the purchase being automatically invested into the Raiz account.

Dividend Reinvestment

The provided source data does not include dividend reinvestment details for Fidelity, Raiz, Wealthsimple, or Interactive Brokers in the context of recurring investment features.

That does not mean dividend reinvestment is unavailable; it means this research set does not provide enough verified detail to compare it. Investors who rely on dividend reinvestment should confirm whether the app supports automatic dividend reinvestment, whether it applies to stocks, ETFs, or funds, and whether fractional reinvestment is available.

9. Security, Regulation, and Account Protection

Security and account protection matter because recurring investment apps often connect to bank accounts and execute transactions automatically.

Confirmed Security and Protection Details

Fidelity Account Protection Context

The Fidelity source identifies Fidelity Brokerage Services LLC as a member of NYSE and SIPC. SIPC membership is relevant to brokerage account protection, but investors should understand that it does not protect against market losses.

Fidelity also includes a general investment risk warning: the value of investments will fluctuate over time, and investors may gain or lose money.

Raiz Security Context

Raiz states that user data is protected with 256-bit encryption. It also reports more than $2 billion in funds under management and more than 1.5 million Australians signed up, based on its own published figures.

The provided source data does not include the same kind of account protection or regulatory membership details for Raiz that Fidelity provides, so investors should review Raiz’s current disclosure documents directly.

Automation does not eliminate the need for due diligence. Before enabling recurring transfers or purchases, verify account protection, data security, fees, and cancellation controls directly in the app.

10. Choosing the Right App for Your Investing Style

The best app for recurring investments depends on your level of control, desired asset types, and comfort with automation.

Choose Fidelity If You Want Direct Control

Fidelity is the strongest fit in the source data for investors who want recurring purchases into specific securities. It supports recurring stocks, ETFs, mutual funds, and baskets with clear dollar ranges.

It is also a practical choice for investors who want to automate purchases across different account types, including brokerage accounts, cash management accounts, IRAs, and HSAs.

Best fit:

• Self-Directed Investors: You know what stock, ETF, mutual fund, or basket you want.
• Small-Dollar Investors: You want recurring stock or ETF purchases starting at $1.
• Retirement Investors: You want recurring purchases in eligible IRA accounts.
• Basket Investors: You want to manage multiple stocks and ETFs as one basket.

Choose Raiz If You Want Micro-Investing and Portfolio Automation

Raiz is best suited for users who want automation to handle much of the investing process. Its round-ups, recurring top-ups, ready-made portfolios, Jars, and Rewards feature make it more of a savings-and-investing automation app.

Best fit:

• Micro-Investors: You want to invest spare change through round-ups.
• Goal-Based Investors: You want separate Jars for different goals.
• Portfolio Users: You prefer ready-made or app-guided portfolios.
• Australian Users: Raiz specifically describes its user base and offering in Australia.

Consider Wealthsimple If You Want Recurring Stocks, ETFs, and Crypto

Wealthsimple’s confirmed recurring investment support includes scheduled purchases of stocks, ETFs, or crypto assets. That may appeal to investors who want automated buying across both traditional and digital assets.

However, the provided research does not include pricing, minimums, or execution details, so those should be verified directly.

Consider Interactive Brokers If You Want a Scheduled Predetermined Strategy

Interactive Brokers’ recurring investment feature is confirmed as a way to execute a predetermined investment strategy on a recurring schedule. That may appeal to investors who already use the platform or want a more advanced brokerage environment.

Because the source data does not include recurring investment minimums, eligible assets, or fees, it requires additional direct verification before comparison.

Bottom Line

For investors searching for investing apps recurring investments, the best choice depends on whether you want self-directed automation or portfolio-based automation.

Fidelity has the most complete recurring investment details in the source data, including automated purchases of stocks, ETFs, mutual funds, and Fidelity Basket Portfolios, with recurring stock, ETF, and basket investments from $1 to $100,000. Raiz stands out for micro-investing, round-ups, ready-made portfolios, and recurring daily, weekly, or monthly top-ups. Wealthsimple confirms recurring purchases of stocks, ETFs, and crypto assets, while Interactive Brokers confirms recurring scheduled strategies, though the available details are thinner for both.

The most important comparison points are minimums, eligible assets, fees, execution method, account types, and whether the app automates only the purchase or the entire portfolio.

FAQ: Investing Apps Recurring Investments

What are recurring investments?

Recurring investments are automatic purchases or contributions made on a schedule you choose. Fidelity says investors can automate stock, mutual fund, ETF, or basket trades and set the amount, frequency, and timing.

Which app has the clearest recurring stock and ETF purchase details?

Based on the provided research, Fidelity has the clearest details. It supports recurring purchases of stocks and ETFs, funded from a Fidelity core cash position or linked bank account, with stock and ETF trades placed as market orders on the selected investment date.

Can I start recurring investing with a small amount?

Yes, depending on the platform. Fidelity allows recurring investment plans from $1 to $100,000 for stocks, ETFs, and baskets, and from $10 to $100,000 for mutual funds. Raiz also supports small, automated investing through round-ups and recurring top-ups, though the source data does not provide a specific minimum.

Do recurring investments guarantee profits?

No. Fidelity states that dollar-cost averaging does not assure a profit or protect against a loss in declining markets. Recurring investing can help reduce market-timing pressure, but investment values still fluctuate.

Which app is better for automated portfolios?

Based on the source data, Raiz is more portfolio-automation oriented. It offers ready-made portfolios, goal-based Jars, round-ups, and recurring top-ups. Fidelity is more suitable for investors who want to choose specific recurring stocks, ETFs, mutual funds, or baskets.

Are fees and spreads fully comparable from the available data?

No. Fidelity provides clear information on $0 commissions for online U.S. stock and ETF trades, with exclusions and other possible fees. Raiz mentions a transparent monthly subscription but does not provide the exact amount in the source data. Spread data is not provided for the platforms in this research set.