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Betterment VS Interactive Brokers

Compare Betterment VS Interactive Brokers and see what are their differences

Betterment logo Betterment

We manage your investments so you don't have to.

Interactive Brokers logo Interactive Brokers

Deep discount electronic access broker offering online trading of Stocks, Options, Futures, Forex.
  • Betterment Landing page
    Landing page //
    2023-03-25
  • Interactive Brokers Landing page
    Landing page //
    2022-06-30

Betterment videos

BETTERMENT REVIEW 2020: Best Robo-Advisor Tool?

More videos:

  • Review - The #1 PROBLEM with Betterment Investing
  • Review - BETTERMENT REVIEW 2020 - Making Investing EASY

Interactive Brokers videos

Interactive brokers review 2020 - Reviews and ratings Pros & Cons

More videos:

  • Review - The REAL reason I’ll NEVER use Interactive Brokers again!! 😡
  • Review - Interactive Brokers Canada PROS & CONS Review - 2020

Category Popularity

0-100% (relative to Betterment and Interactive Brokers)
Finance
32 32%
68% 68
Personal Finance
100 100%
0% 0
Investing
23 23%
77% 77
Trading
27 27%
73% 73

User comments

Share your experience with using Betterment and Interactive Brokers. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Betterment and Interactive Brokers

Betterment Reviews

When is Robinhood Coming to Australia? Alternatives for 2022
No, Betterment and Wealthfront are not available in Australia either. Only US citizens/Green Card holders are eligible to open an account on these platforms (some exceptions apply in the case of Betterment).

Interactive Brokers Reviews

Where is Revolut Available? International Alternatives for 2022
It is an excellent option if you are looking for a more professional platform. Interactive Brokers has recently reduced its fees massively to remain competitive with all the new competition price-wise. Interactive Brokers review is available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice...
8 Best Business Brokerage Accounts – Corporate Trading and Investing
Interactive Brokers’ fee structure is also quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading outside the US. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.
Does M1 Finance work internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options,…), and low currency conversion fees (FX fees). Check our Interactive Brokers review. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
Does Cash App Work Internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options, Cryptos,…), and low currency conversion fees (FX fees). Interactive Brokers review available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
When is Robinhood Coming to Australia? Alternatives for 2022
On the downside, Interactive Brokers’ fee structure is quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.

Social recommendations and mentions

Based on our record, Betterment seems to be more popular. It has been mentiond 11 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Betterment mentions (11)

  • What to do with extra $13k as a 20 year old
    Go to betterment.com and put it in their cash reserve. You'll get a good interest rate that should help at least reduce some inflation risk. Source: about 1 year ago
  • Financially illiterate
    If you want a less frightening way to invest, betterment.com was my gateway into investing. It has a pre-selected basket of index funds and bonds, and you can just select your risk tolerance, set up a deposit schedule, and they take care of the rest. I started with $10/paycheck 11 years ago, and now I have almost $20,000 invested as I kept increasing my automated deposits as my salary grew. Source: about 1 year ago
  • Weekly note about a direct competitor outdoing M1+
    Also about Betterment: they too started offering crypto at exactly the wrong time, but unlike M1 they have the decency to hide it from view! If I go to betterment.com now, I don't see any reference to crypto on the main page unless you scroll all the way down to the site map at the bottom. That's something else that M1+ could offer:. Source: over 1 year ago
  • Moving out at 18, no idea how to be an adult.
    Lastly sign up for a free investment app like acorns, betterment.com, robin hood etc. Once you've got your budget setup dump everything else into those when combined with your credit card buffer you can always pull back out or preferrably reduce next months investments if you find yourself low on funds one month. Source: almost 2 years ago
  • Newbie Question - Investment Account
    There are muuuuuuch better options today that Edward Jones. Your "local guy" makes a living adding maintenance costs to your account. The original poster here could do really well by checking out betterment.com and just following the on-screen prompts (they offer IRAs, too). Next time you meet with your local guy, ask him how much (the exact dollar amount) he's made from the fees on your investment account...and... Source: almost 2 years ago
View more

Interactive Brokers mentions (0)

We have not tracked any mentions of Interactive Brokers yet. Tracking of Interactive Brokers recommendations started around Mar 2021.

What are some alternatives?

When comparing Betterment and Interactive Brokers, you can also consider the following products

Wealthfront - Automated, low cost investment service

TradeStation - Whether you trade stocks, ETFs, options or futures, TradeStation’s award-winning tools and...

Riskalyze - Riskalyze is a quantitative system for identifying client risk tolerance, aligning portfolios to client expectations, and quantifying the suitability of investments.

Questrade - Questrade IQ Mobile is everything you need to trade stocks - right in the palm of your hand.

CXi-Registry - CXi-Registry is a fund administration software that helps an investor registry streamline and automate its back-office work.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.