Cash App Stocks Rating: 
Overview of Cash App Investing
Cash App is not just for sending and receiving money. It also lets you invest. If you are thinking about opening a new brokerage account, check out our review of this investment platform.
Cash App Investment Accounts and Assets
Cash App only offers self-directed investment accounts. It does not have robo-advisors or any kind of managed investing. You can trade stocks, ETFs, and bitcoin in a Cash App investment account. Other investments and some stocks and ETFs are not available. Short selling is not allowed on the platform.
All Cash App investment accounts are individual taxable accounts. There are no other types of tax accounts.
Securities in your Cash App account are protected by SIPC up to the limit, but this does not cover cryptocurrencies. There is no extra SIPC insurance at Cash App.
Cash App Margin
Even though every Cash App brokerage account is technically a margin account, you cannot borrow money to buy securities. You also cannot short sell or trade options. Pattern day trading is not allowed.
Cash App Fees and Minimums for Investment Accounts
You don’t pay a commission when buying or selling bitcoin, but Cash App makes money on the spread. The spread can be around 2% or more for small trades and may be lower for large trades. The exact spread is not published, which is a downside.
Trading stocks and ETFs works the same way. There are no commissions, but Cash App earns money through the bid-ask spread and payment for order flow. Each stock and ETF has its own spread that depends on the market.
Cash App does not require a minimum balance and has no recurring fees for its brokerage accounts.
Banking Tools
Cash App comes with several banking features through its app. There is a Visa debit card for ATM withdrawals with no fees at in-network ATMs if you have at least $300 in direct deposits each month.
The Cash Card is important because FDIC insurance for cash is only available for accounts with this card. The card offers “Boosts,” which are discounts at certain stores. If you get your paycheck direct deposited into Cash App, the money will arrive two days early.
The Cash Card has a “round ups” feature that lets you send spare change to your cash balance or invest it in stocks or bitcoin.
One of Cash App’s popular features is sending or requesting money using $cashtags. These are unique names created by the app. You can send or ask for money instantly using a $cashtag, email, or phone number.
However, Cash App automatically moves free cash from your investing account to your main Cash App balance, which is not SIPC insured. And if you do not have the Cash Card, your money is not FDIC insured either.
Cash App also offers a free tax-filing service.
Website
Cash App has a simple website for managing money and filing taxes. You cannot research or trade stocks or bitcoin on the website—these features are missing.
You log in using your phone number or email. There is a vertical menu on the left side with tabs like Tax Filing and Pay & Request. Pay & Request lets you send or ask for money from other users.
Some things cannot be done on the website. For example, you must use the mobile app to order a Cash Card. Let’s look at the app next.
Mobile App
You can trade in the app. The Home screen has tiles for stocks and bitcoin. On the bitcoin page, you can set up your paycheck to be converted into bitcoin with every direct deposit.
On the stocks page, a search bar lets you find stocks or ETFs. There are lists for most-traded stocks, dividend stocks, and sectors like energy, health, and technology. Tap a sector to see a list of related securities. Tapping a stock or ETF opens its profile, which gives you some basic info. For major stocks, you’ll find:
* Analyst opinions
* Earnings history
* Bar charts for financial statements
* Stats like P/E ratio and daily volume
The order form is very simple. There are only three types: market, recurring, and custom (similar to a stop order; if your price is hit, a market order is sent).
Charts are basic. There’s just a simple line graph at the top of each asset’s profile, with no axes or tools. You can’t rotate or change the chart format.
The settings menu is in the top right. You can adjust privacy here. In Security & Privacy, you can turn off money requests from other users.
Other Software
There is no desktop platform or extra trading software at Cash App. The website cannot be used for trading, and the mobile app is very basic.
Customer Service
You can reach Cash App phone support on weekdays from 9 am to 7 pm Eastern time. There is no support on weekends. You must verify your identity in the app before you can get phone help. You can do this by trying to cash out, send, or receive money.
There’s also a chat option in the mobile app, found in the settings under support. It’s not live chat, but more like an email form.
The Cash App website has a help page covering many topics users might need help with.
Additional Services
Fully-Paid Stock Lending: Not available.
Initial Public Offerings: Not available either.
DRIP Service: Not offered.
Extended Hours: Also not available.
Fractional-share Trading: All trades are made in dollar amounts only. You can’t choose to trade by whole shares.
Individual Retirement Accounts: Only individual taxable accounts are available at Cash App.
Recommendations
Mutual Fund Trading: Cash App does not offer mutual funds. If you want to trade mutual funds, we suggest
Firstrade, which offers over 11,000 mutual funds with no transaction fees.
Frequent Stock Trading: Since Cash App’s trading tools are very basic and charting is almost useless, it is not a good choice for active stock traders. Webull is a better option, with an advanced desktop platform, deep research tools, and access to foreign markets.
Small Accounts: The smallest order you can make at Cash App is $1. Automatic purchases require at least $10.
Retirement Planning & Long-Term Investing: Cash App is a poor choice for long-term investing. There are no IRAs, annuities, lifecycle funds, financial planning, or bond ladders. You’ll find these at
Charles Schwab.
Beginners: Even though Cash App is simple, beginners are better off with a managed account at a firm like
Acorns.
Cash App Invest Final Judgement
Cash App is mostly focused on managing money. Its investing options are simple, but there are better platforms for almost every type of investor.
Free Firstrade Account
Open Firstrade Account
Free Charles Schwab Account
Open Schwab Account
Updated on 7/20/2025.
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