Betterment vs TD Ameritrade
Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to TD Ameritrade? Read our comparison chart below.
Betterment offers automatic investing starting at $4/month for accounts with less than $20,000. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.
While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.
Compare Betterment with TD Ameritrade, side-by-side.
Betterment | TD Ameritrade | |
---|---|---|
Compare Pricing - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
Savings |
| |
Stock Trading | $0 commission for online stock, ETF, and option trades | |
Options Trading | ||
Annual Fee |
| |
Minimum Deposit | ||
Checking | ||
Mutual Fund Trading | Up to $49.95 or $74.95 for buys. $0 for sells | |
Commission Free ETFs | ||
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Minimum Investment | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | Offers checking account with a free debit card, and a high-yield cash account | Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing. |
Mobile App | ||
Desktop App | ||
Forex Trading | ||
Futures Trading | $2.25 per contract (plus exchange & regulatory fees) | |
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service | ||
Locations | More than 100 locations in 34 states | |
Seminars | ||
Trading Platform | ||
Virtual Trading | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Annual Fee | ||
Minimum Deposit | ||
Human Advisors | ||
Customer Service | ||
Pros & Cons | Pros:
| |
Bottom Line | Great robo-advisor for beginners with low fees, good tools, and tax strategies... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Betterment: Pricing information from published website as of 04/04/2018 TD Ameritrade: Pricing information from published website as of 09/05/2023. |
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Betterment or Acorns.