Bloom Investing App Review: Is it Worth Your Money?

Bloom, an investing app tailored for teenagers, endeavors to equip young adults with financial knowledge and tools. But does it live up to the hype and justify its subscription fee? Let's explore Bloom comprehensively, examining its features, advantages, disadvantages, and suitability for various users.

Bloom Investing App Review

Features of Bloom Investing App:

1. Investment Platform: 

Trade fractional shares and ETFs using real money.

2. Educational Content: 

Interactive modules and quizzes covering investment principles, financial literacy, and market trends.

3. Community: 

Connect with fellow young investors, share thoughts, and participate in challenges.

4. Oinks: 

Earn virtual currency through quizzes and activities, redeemable for stocks, giveaways, and other rewards.

Pros and Cons of Bloom Investing App


  • Extensive Educational Resources: Bloom offers a rich array of articles, videos, and quizzes on diverse financial topics, catering from basic investing principles to financial planning and stock analysis.
  • User-Friendly Interface: An intuitive and clean design facilitates easy navigation, particularly helpful for beginners.
  • Safety and Security: Bloom collaborates with DriveWealth, ensuring user fund security.
  • Fractional Shares: Enables teenagers to invest in small stock fractions, fostering portfolio diversification with limited funds.
  • Oinks & Giveaways: A unique reward system where users earn "Oinks" by completing educational activities and engaging in contests, redeemable for real stocks or giveaway entries.


  • High Subscription Fee: Bloom's monthly ($4.99) or yearly ($49.99) subscription surpasses other investing apps' costs significantly.
  • Limited Investment Features: Lacks advanced options like margin trading or IRA accounts.
  • Inaccuracy in Data: Users reported inaccuracies, notably concerning metrics such as price-to-earnings ratios.
  • Limited Customer Support: Scarce customer support options hinder problem resolution for users.
Bloom Investing App Review


Bloom targets teens and inexperienced young adults, providing a friendly platform with engaging learning tools—ideal for novices. However, the high subscription cost and limited investment options may not entice seasoned investors or those seeking advanced features.


Bloom is promising for fledgling investors eager to grasp investing basics and manage finances responsibly. Its engaging tools, user-friendly interface, and community support foster a conducive environment for financial education. However, the subscription fee and constrained investment choices warrant consideration before enrollment.


Though Bloom offers a distinct approach to teen investing, free alternatives like Robinhood Snacks, Stash, and Acorns offer similar features fractional shares, and educational resources sans a subscription fee.


Bloom's worth hinges on individual needs. For beginners seeking an engaging, user-friendly learning platform, it's valuable. Yet, experienced investors or budget-conscious individuals might find better value in free alternatives.

Here are some user reviews of the Bloom Investing App 

"I love the concept of the app, and I would have paid for the yearly subscription, but unfortunately the stock information such as the p/e ratio is incorrect. Would also like to see some integration with services to buy stocks."

"This app is amazing! I'm a teenager and I've learned so much about investing. The interface is easy to use and the educational content is really helpful. I would definitely recommend this app to anyone who wants to learn about investing."

"I'm disappointed with the high subscription fee. I feel like I could find similar information and resources for free elsewhere. The Oinks are a nice touch, but not enough to justify the cost for me."

Bloom Investing App Review

Frequently Asked Questions About Bloom Investing App

1. What is Bloom?

Bloom is a mobile app that helps teenagers learn about investing and start investing real money with parental supervision.

2. Is Bloom safe and legitimate?

Yes, Bloom is a safe and legitimate app. It is partnered with DriveWealth, a reputable financial institution, and uses bank-level security to protect user information and funds.

3. Is there a minimum age requirement?

Yes, you must be at least 13 years old to use Bloom. However, parental approval is required for users under 18.

4. What devices is Bloom available on?

Bloom is available on both iOS and Android devices.

5. How does Bloom make money?

Bloom primarily earns revenue through its subscription fees. Unlike other investing apps, Bloom does not charge trading commissions or profit from user activity.

6. What can I invest in with Bloom?

You can currently invest in over 5,000 U.S. stocks and ETFs.

7. Can I trade options or on margin?

No, Bloom does not allow users to trade options or on margin. This is to protect young investors from unnecessary risks.

8. Are there fractional shares?

Yes, Bloom allows you to invest in fractional shares, making it accessible to start with smaller amounts.

9. What are Oinks?

Oinks are a unique reward system within Bloom. You can earn Oinks for completing educational activities, participating in contests, and referring friends. Oinks can be redeemed for real stocks or used to enter giveaways.

10. Does Bloom offer educational content?

Yes, Bloom boasts a vast library of articles, videos, and quizzes covering various financial topics, from basic investing principles to stock analysis and financial planning.

11. What are the parental controls?

Bloom offers parental controls that allow parents to monitor their child's investment activity, set spending limits, and approve all trades.

12. Does Bloom have customer support?

Yes, Bloom offers customer support through email and chat. However, some users have reported delays in response times.

13. How much does Bloom cost?

Bloom offers two subscription plans: monthly ($4.99) and yearly ($49.99).

14. Are there any other fees?

There are no additional fees for trading or account maintenance. However, you may incur fees charged by your bank or brokerage firm for transferring funds.

15. Where can I learn more about Bloom?

You can visit Bloom's website at (

16. Is there a social media community for Bloom?

Yes, Bloom has an active community on Instagram and Twitter.


This article serves for informational purposes and not as financial advice. Conduct thorough research and consult a qualified financial advisor before making any investment decisions.


Hi, I'm a tech blogger and app reviewer! Passionate about gadgets & apps, I dissect features & user experiences to deliver insightful reviews. Join me in exploring the evolving tech world!

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