Software Alternatives & Reviews

Raiz VS InvestSMART

Compare Raiz VS InvestSMART and see what are their differences

Raiz logo Raiz

Invest spare change automatically from everyday purchases into a diversified portfolio.

InvestSMART logo InvestSMART

InvestSMART - Managed Funds, Shares, Property and Investment News
  • Raiz Landing page
    Landing page //
    2023-10-20
  • InvestSMART Landing page
    Landing page //
    2022-09-25

Raiz

Categories
  • Robo-Advisor
  • Automated Investment
  • SMSF
  • Investing
Website raizinvest.com.au
Pricing URL-

InvestSMART

Categories
  • Managed Funds
  • Shares
  • Automated Investment
  • Investing
Website investsmart.com.au
Pricing URL Official InvestSMART Pricing

Raiz videos

Raiz Invest hands-on review | Micro-investing apps Australia

More videos:

  • Review - RAIZ Investment App
  • Review - Raiz Vs Spaceship Vs CommSec Pocket

InvestSMART videos

InvestSMART's new-look portfolio manager

More videos:

  • Review - InvestSMART's International Equities Portfolio

Category Popularity

0-100% (relative to Raiz and InvestSMART)
Automated Investment
68 68%
32% 32
Investing
64 64%
36% 36
Robo-Advisor
72 72%
28% 28
Finance
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Raiz and InvestSMART

Raiz Reviews

Compare Clover vs. Raiz
🍀 Clover Raiz Services provided Personal investment plan Socially responsible option Clover has a Socially Responsible option for all the portfolios we offer. Raiz offers a single socially responsible investment option. Investments held in your name Same-day trade verification Goal tracking & reminders Annual personal investment review Transparent fees Requires access to...
5 Australian Investment Apps You Should Know About
One of the leading platforms in automated investment is Raiz, which was formerly known as Acorns before rebranding in April 2018. Raiz is a micro-investing app that automatically invests your spare change into a diversified portfolio of exchange-traded funds (ETFs), making it easy for even the most casual investor to try to grow their wealth.
Robo-Advisers Australia - Raiz vs Stockspot Vs The Rest
We haven’t mentioned Raiz as a robo-advice company because they miss a key component – the advice. While they have similar investment options and do the re-balancing they won’t tell you where to invest your money but rather you have to choose. One of the advantages of Raiz is they do cater for smaller investment amounts – but be warned; the further your balance slides below...

InvestSMART Reviews

  1. Straight forward investment process and low fees

    I've been invested for over a year and have recently topped up. Process was straight forward, and best of my fees are much lower than what it was in my previous managed fund.

    🏁 Competitors: Stockspot, Clover, Six Park

Social recommendations and mentions

Based on our record, Raiz seems to be more popular. It has been mentiond 5 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.

Raiz mentions (5)

  • People who are 40+, what is your advice to people in their 20s?
    Download an app like raiz. I know it has a US version as I use to use it but cant remember the name. Basically it rounds every transaction you make up to the $1. It puts those few cents into an investment portfolio. Also add $10 or $20 a week if u can. This is child like investment but what it does is force you to put money aside that otherwise you would spend on beer and steam games. Use it as long or short term... Source: over 1 year ago
  • Where should an absolute beginner go to start investing?
    Hey mate! Take a look at Raiz (find link in comment) They have some free courses on their site, really insightful stuff! Raiz Website. Source: over 2 years ago
  • Couldnt find the Raiz Australia apps to install
    You can follow the app link on https://raizinvest.com.au to take you to the play store. It’s weird it’s not coming up in search. Source: over 2 years ago
  • Complete noob to investing pls help
    You could also look at something like Raiz. Source: over 2 years ago
  • Can "Putting all the money in a superannuation and forget it" be a good strategy for a financially illiterate person?
    A simple way is to look at https://raizinvest.com.au/ or an even better option would be to option sign up to selfwealth.com.au broking platform and invest in VDHG https://www.vanguard.com.au/personal/products/en/detail/8221/Overview. Source: almost 3 years ago

InvestSMART mentions (0)

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

What are some alternatives?

When comparing Raiz and InvestSMART, you can also consider the following products

QuietGrowth - QuietGrowth is a digital investment management service or robo advisor. It manages the investments of clients to achieve risk-optimised returns over the long-term.

Stockspot - Australia's largest digital investment adviser. We help you build and manage a personalised portfolio tailored to your financial situation and goals. It's professional investment advice without the high costs of seeing a human adviser.

Six Park - Create your very own globally diversified, professionally managed portfolio of investments online today.

Clover - Clover is your personalised investment advisor. We recommend, build and grow your personalised investment portfolio all for a low fee. Try Clover now!

Spaceship Voyager - Investing with Spaceship Voyager is free under $5,000 and there is no minimum investment. Choose between Spaceship Index and Spaceship Universe.

Coinflash - Automatically invest your spare change into cryptocurrency.