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 an annual fee of 0.25% of your account balance. 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.

	Betterment	Robinhood
	SPECIAL OFFER Get 1 Month Managed Free - Learn More Read Betterment Review	OFFER Get a Free Stock (worth between $2.50 and $200) - Learn More Read Robinhood Review
	Benefits and Features
Stock Trading		$0
Options Trading		$0
Annual Fee	0.25% for accounts under $100,000; 0.40% for accounts $100,000+	All trades are commission-free. No platform fees.
Minimum Deposit	$0	$0
Mutual Fund Trading		No
Commission Free ETFs		All U.S. listed ETFs
Phone Support	Yes	No
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	Yes ($100k minimum)	No
Robo Advisor		No
Assets Under Management	$14 Billion
Tax Loss Harvesting	Yes	No
Goal Tracker	Yes	No
Automatic Deposits	Yes	Yes
Broker Assisted Trades		Not available
Good For		Beginners; Active traders
Inactivity Fee		$0
Maintenance Fee		$0
Online Platform	Yes	Yes
iPhone App	Yes	Yes (4 stars, 3.2m ratings)
Android App	Yes	Yes (1.4 stars, 360k ratings)
Banking		No service fees for Robinhood Cash Management account. Free debit card with no in-network ATM fees or foreign transaction fees
Mobile App	Yes
Locations		No
Online Community		No
Seminars		No
Virtual Trading		No
Single Stock Diversification	No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	Yes	No
IRA Accounts	Yes	No
Roth IRA Accounts	Yes	No
SEP IRA Accounts	Yes	No
Trust Accounts	Yes	No
529 Plans	No	No
	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: No minimum investment Many customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors	Pros: Commission-free trades No minimum Extended trading hours Cons: No IRAs Limited research No mutual funds & bonds
Bottom Line	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review	Free way to trade stocks with limited bells and whistles... Read full review
	Get 1 Month Managed Free Get 6 Months Managed Free Get 1 Year Managed Free	Get a Free Stock (worth between $2.50 and $200) Commission-Free Trades Free Cryptocurrency Investing
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 04/18/2020.

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 Ally Invest.

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.

• Betterment vs Wealthfront
• Betterment vs Vanguard Personal Advisor
• Betterment vs Acorns

Betterment Returns

Betterment has low fees and is good for beginners. But what about their returns? Let's take a look at this robo-advisor's performance.

• Betterment vs Fidelity
• Betterment vs Personal Capital
• Betterment vs M1 Finance

Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

• Betterment vs Charles Schwab Intelligent Portfolio
• Betterment vs Ally Invest

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

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 vs E*TRADE
• Robinhood vs Stash
• Robinhood vs Vanguard

Robinhood App

Thinking about trading on Robinhood? Good job on getting started investing! But first, there are 7 things you need to know before investing on Robinhood.

• Robinhood vs TD Ameritrade

Which Do You Think is Best?

You Might Also Like

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

Should you choose Stash, Acorns or Robinhood? They're not all the same. Learn if you can actually make money with investing apps.

Chase You Invest Review

Chase You Invest App has a bonus promotion, low fees and mutual funds trading. But is it good for beginners? Read this review for the pros and cons.

Best Investment Apps for Beginners

Looking to start investing? You can begin with as little as $5. Check out these cheap (or free) apps for new investors.

Best Investment Apps

Not all investing apps are worth it. Learn how investment apps like Acorns and Robinhood compare to others.

Stash Invest Review: Is It Legit?

Can Stash help make you money? Find out if the investing app is legit and how it compares to apps like Acorns and Robinhood.

M1 Finance Review: Pros and Cons

M1 Finance lets you invest in stocks and ETFs without fees. But is it safe? Find out the pros and cons, and if it's legit.

Acorns Review: Is It Good?

Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit.

Personal Capital Review: Is It Worth It?

Personal Capital is a free financial tool. But is it legit? Find out how they make money and if it's safe to use.

How to Invest in Stocks with Little Money

Think you don't have enough money to invest? You can start with as little as $5. Read our top ways to invest a little money and start earning now.