With the rise of financial technology and online brokerages, remote investment has become increasingly popular. Remote investment refers to managing your investment portfolio and making trades digitally from anywhere without having to physically go to a brokerage. There are many benefits of remote investment such as flexibility, lower costs, better tools and access to more products. Many top investment companies now offer comprehensive online platforms that facilitate remote investing. This article will introduce what is remote investment, its advantages, and some of the top remote investment companies worth considering.
Flexibility and convenience are major benefits of remote investment
One of the biggest appeals of remote investment is the flexibility and convenience it offers. With online brokerages and investment apps, you can manage your portfolio, execute trades, track performance and more anytime and anywhere. This is extremely useful for busy professionals or those who travel frequently. You no longer have to disrupt your schedule to call or visit a physical brokerage.
Lower costs due to fewer overhead expenses
Remote investment platforms have much lower overhead costs compared to traditional brokerages that maintain physical offices and large staff. These savings get passed down to customers in the form of lower or no trading commissions, account fees, investment minimums and more.
Sophisticated tools and breadth of products available
Top remote investment companies tend to offer very sophisticated web and mobile interfaces packed with intuitive tools, real-time data, customizable alerts, education and more. You also get access to a much wider array of investment products like stocks, ETFs, options, futures, forex and cryptocurrency.
Examples of top remote investment companies
Some examples of reputable investment companies with excellent digital platforms include Charles Schwab, Fidelity, TD Ameritrade, E*Trade, Interactive Brokers and Robinhood. These brokers cater well to self-directed investors who like to remotely manage their own portfolio.
In summary, remote investment powered by financial technology gives investors flexibility, lower costs and powerful tools to invest according to their needs on their own time. Leading investment companies now offer robust digital platforms and mobile apps that facilitate easy remote investing for retail and institutional clients.