Charles Schwab vs Betterment
Charles Schwab is a good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research. How does it compare to Betterment? Read our comparison chart below.
Charles Schwab offers stock and ETF trades at $0 commission and options trading at $0 commission + $0.65 per contract. There is no minimum deposit, no maintenance fee, and no inactivity fee.
While Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.
Compare Charles Schwab with Betterment, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Charles Schwab | Betterment | |
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$0 Commissions on Online Stock, ETF, and Options Trades - | Get up to 1 Year Managed Free - | |
Benefits and Features | ||
Savings | ![]() | |
Stock Trading | $0 commission on U.S. stocks and ETFs | |
Options Trading | ||
Annual Fee |
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Minimum Deposit | ||
Checking | ||
Mutual Fund Trading | $0 for no-transaction-fee funds $49.95 for all other funds | |
Commission Free ETFs | 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSourceā¢. | |
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ![]() | |
Assets Under Management | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Customer Service | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Futures Trading | ||
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
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Banking | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | |
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Research | ![]() ![]() ![]() ![]() ![]() | |
Annual Fee | ![]() ![]() ![]() ![]() ![]() | |
Minimum Deposit | ![]() ![]() ![]() ![]() ![]() | |
Human Advisors | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... | Great robo-advisor for beginners with low fees, good tools, and tax strategies... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab: Pricing information from published websites as of 11/14/2021. Betterment: Pricing information from published website as of 04/04/2018 |
Get up to 1 Year Managed Free
New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.
Get 1 Month Managed Free
Deposit $15,000 - $99,999 within 45 days and get 1 month managed free
Get 6 Months Managed Free
Deposit $100,000 - $249,999 within 45 days and get 6 months managed free
Which is Better: Charles Schwab or Betterment?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab or Ally Invest.