Albert review

You can open the account with $1, so a starting contribution can be very small. That sits below the median minimum across the robo-advisors compared here, €60.06. Funding can follow straight away, since the portfolio is assembled for you.

Protection comes from SIPC and runs to SIPC up to USD 500,000. The account sits with a named firm, ALBERT SECURITIES LLC, whose membership is SIPC member 70459. Checking that membership on the member list gives you the clearest read on the cover before you fund anything.

The managed account is built from etf, so the holdings are picked for you rather than chosen line by line. That suits investors who want a set allocation and very little to do. If you enjoy picking individual shares, this is the wrong kind of account.

Support runs on email and help centre, so your questions go by email or through the help centre. No phone line or live chat appears in that list, which can be a drawback if you want to speak to someone the same day.

The only registration listed is US based, with SIPC membership SIPC member 70459 held under ALBERT SECURITIES LLC. Readers in the UK and Europe should confirm access before signing up, because cover of SIPC up to USD 500,000 belongs to a US scheme and does not stand in for local protection.

The difference that shows up soonest is the amount needed to begin. eToro portfolios start at $500 and Axos Invest managed portfolios at $100, against $1 here. Vivid Standard begins at €2 for its stock investing.

Albert suits investors who want the portfolio managed for them, entering at $1 and holding etf. The account is managed on your behalf, which suits people who would rather review the allocation now and then than trade inside it.