Software Alternatives & Reviews

Raiz VS Six Park

Compare Raiz VS Six Park and see what are their differences

Raiz logo Raiz

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

Six Park logo Six Park

Create your very own globally diversified, professionally managed portfolio of investments online today.
  • Raiz Landing page
    Landing page //
    2023-10-20
  • Six Park Landing page
    Landing page //
    2023-10-20

Raiz

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

Six Park

Categories
  • Robo-Advisor
  • SMSF
  • Automated Investment
  • Investing
Website sixpark.com.au

Raiz videos

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

More videos:

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

Six Park videos

Six Park's robo-advice platform: how it works & what makes it unique

More videos:

  • Review - Six Park Year In Review (2017)
  • Review - Six Park explainer video - how does it work?

Category Popularity

0-100% (relative to Raiz and Six Park)
Automated Investment
49 49%
51% 51
Robo-Advisor
47 47%
53% 53
Investing
54 54%
46% 46
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 Six Park

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...

Six Park Reviews

2016 Australian Robo Adviser Roundup
Launched in May 2016, Six Park offer 5 ETF porftolios all overseen by their investment advisory committee. Each investor is setup with a Macquarie Bank Cash Management Account (CMA), and ETFs are traded under the individual’s own Holder Identifier Number (HIN) in a Managed Discretionary Account (MDA). The signup process includes a Statement of Advice which outlines their...

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

Six Park mentions (0)

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

What are some alternatives?

When comparing Raiz and Six Park, 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.

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.

FirstStep - Download FirstStep, an investment account that is smarter and friendlier than your bank. Open an account in minutes, invest your spare change into global ETFs, manage your money on the go, create multiple accounts to reach saving goals for yourself.