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Broker Comparison

Axos Invest vs Betterment

Compare Axos Invest and Betterment side by side: fees, regulation, platforms.

Axos Invest

Axos Invest

Robo-advisor and self-directed investors

Axos Invest is a US robo-advisor and self-directed brokerage offering managed portfolios and commission-free …

VS
Betterment

Betterment

Hands-off automated investors

Betterment is a US robo-advisor offering automated ETF portfolios, tax-loss harvesting, self-directed investi…

Head-to-head comparison

Axos Invest vs Betterment
Feature Axos Invest Betterment
Minimum deposit - -
Stock trading fee Commission-free for self-directed trading No commissions for self-directed investing accounts
Regulators SEC, FINRA, SIPC SEC, FINRA, SIPC
Best for Robo-advisor and self-directed investors Hands-off automated investors
Markets & account
Stocks
ETFs
Crypto
-
Bonds
-
Options
-
Funds
-
Ready Made Portfolios
Margin
-
Fractional Shares
-
Investment Plans
-
Savings Vaults
-
Money Market Funds
-

Pros & cons

Axos Invest

Axos Invest

Pros

  • Low 0.24% annual fee for Managed Portfolios
  • Commission-free stocks and ETFs in self-directed accounts
  • No withdrawal or inactivity fees
  • Portfolio customization across up to 32 investment types
  • Tax-loss harvesting available for eligible accounts
  • Automatic portfolio rebalancing included
  • Integration with Axos Bank accounts
  • Individual, joint, and IRA account types supported

Cons

  • $500 minimum balance required for Managed Portfolios advisory fee rate
  • Tax-loss harvesting requires $25,000 minimum and costs an additional 0.20%
  • No standalone mobile trading app - brokerage accessed via general Axos Bank app
  • Options cost $1.00 per contract (standard); Axos Elite reduces this to $0.80 but requires a $10/month subscription
  • Advanced features require $10/month Axos Elite subscription
  • No crypto trading offered
  • No demo account available
  • BBB-rated D- (not accredited)
Betterment

Betterment

Pros

  • No account minimum (invest from $10)
  • No deposit, withdrawal, or inactivity fees
  • Automated tax-loss harvesting included
  • Broad portfolio options including socially responsible and crypto ETF
  • Cash Reserve earns competitive APY with FDIC insurance up to $4M
  • Self-directed investing with no commissions
  • Goal-based planning tools and portfolio rebalancing included

Cons

  • $5/month fee is relatively high on small balances (up to ~0.6% annually on $10,000)
  • $75 fee to transfer an account out to another brokerage
  • Crypto portfolio carries a 1% annual management fee
  • Premium plan requires $100,000 minimum balance
  • No dedicated human advisor - Premium uses team-based CFP model
  • No direct indexing for tax optimization
  • No demo account for practice before investing
Axos Invest

Axos Invest

Axos Invest is a US robo-advisor and self-directed brokerage offering managed portfolios and commission-free trading, backed by Axos Financial.

Visit Axos Invest Read review

Your capital is at risk. Other fees apply.

Betterment

Betterment

Betterment is a US robo-advisor offering automated ETF portfolios, tax-loss harvesting, self-directed investing, and cash management with no account minimum.

Visit Betterment Read review

Your capital is at risk. Other fees apply.

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