Betterment vs Robinhood
Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to Robinhood? 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 Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare Betterment with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
| Learn More | Visit Site | |
Betterment | Robinhood | |
|---|---|---|
Compare Pricing - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
| Savings |
| |
| Stock Trading | ||
| Options Trading | ||
| Annual Fee |
| |
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Checking | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | ||
| Live Chat Support | Available 24/7 (requires sign in) | |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Minimum Investment | ||
| Penny Stocks | ||
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | ||
| 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 | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank |
| Mobile App | ||
| Desktop App | ||
| Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
| Forex Trading | ||
| Futures Trading | ||
| Bond Trading | ||
| CFD Trading | ||
| Currency Trading | ||
| Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com | |
| Locations | ||
| Online Community | ||
| 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 | | |
| Stock Trading | | |
| Options Trading | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Great robo-advisor for beginners with low fees, good tools, and tax strategies... | Free way to trade stocks with limited bells and whistles... |
| Learn More | Visit Site | |
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 Robinhood: Pricing information from published websites as of 08/13/2024. | ||
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
Which is Better: Betterment or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Betterment or Acorns.
Articles on Betterment
Betterment Reviews
Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.
Is Betterment Worth The Fee
Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.
Betterment Roth IRA
Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.
Betterment vs Wealthfront
Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.
Articles on Robinhood
Robinhood
Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.
Robinhood Alternatives
Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.
Robinhood 24/7 Trading
Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?
Robinhood vs Fidelity vs Vanguard
Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?
Robinhood vs Public vs Webull
Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?
Webull vs Robinhood
Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.
Robinhood IRA Review
Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.
Is Robinhood Safe
Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.
How Does Robinhood Make Money
Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.
Buy Bitcoin on Robinhood or Coinbase Pro
Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?
Which Do You Think is Best?
You Might Also Like
Apps Like Acorns
Acorns is one of the best micro-investing apps out there. But is it for everyone? Read on to see some of your alternatives.
Retirement Calculator
Get on track with your retirement goals. Find out your needs & how far your savings will stretch with this calculator.
Best Investment Accounts
Looking to open an investment account? In this list, review the best investment accounts to choose from and how to pick the right one for you.
CD Rates Calculator
How much interest will you earn on your CD? Enter a few details to calculate your APY and ending balance.
SoFi Invest Review
Do you want the commission-free trades but need a little more guidance? Then SoFi Invest might be just what you need.
Small Investments That Make Money
You don't need to be rich to start investing. Here are 15 easy ways to invest small amounts of money.
Best Micro Investing App
Micro investing apps allow anyone to invest in stocks with a few dollars. Learn about the best apps for beginners, like Acorns, Robinhood and Stash.
Stash vs Acorns vs Robinhood
Stash, Acorns, Robinhood - which reigns supreme? Uncover their unique features and earning potentials to guide your investment choices.
Best Investment Apps for Beginners
Looking to start investing but are overwhelmed with the process? These low-cost, beginner-friendly apps can help you get started.
Best Investment Apps
There are a ton of investing apps to help you get started. But which ones will fit your investing style? Read on to find out.
Next Page: Betterment
