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Best Axos Invest Alternatives ranked by AI · updated Aug 2026

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Axos Invest is an online investing platform for individuals who want self-directed brokerage accounts or automated managed portfolios. It combines commission-free trading with professionally managed portfolios and access to retirement accounts.

Developer: Axos Financial, Inc. Price: Self-directed: $0 commissions; Managed: 0.24%/yr, $500 minimum 🎯 axos.com/invest

Top 6 Axos Invest alternatives

πŸ’‘ Pick it for stronger goal planning and tax automation than Axos Invest.

Betterment is an online financial advisor that offers automated investment management and financial planning services.

πŸ’‘ Choose it for deeper tax optimization and financial-planning tools.

Wealthfront is an automated investment service that offers features like tax-loss harvesting and portfolio rebalancing.

Pros

  • Automated investing
  • Tax-efficient strategies
  • Portfolio rebalancing

Cons

  • Annual advisory fee
  • Limited customization options

0.25% annual advisory fee

3

Schwab Intelligent Portfolios

Charles Schwab & Co., Inc.

πŸ’‘ Pick it if you want fee-free automated portfolios within a major brokerage.

Schwab Intelligent Portfolios is an automated investment service for investors who want diversified portfolios managed by Charles Schwab. Its standout capability is...

Pros

  • No recurring advisory fee for automated portfolios
  • Backed by Schwab's broad brokerage, research, and customer-service ecosystem
  • Automatic rebalancing and diversified ETF portfolios

Cons

  • The $5,000 minimum is much higher than many digital-advisor alternatives
  • Required cash allocation can reduce market exposure
  • Less tax-loss harvesting flexibility than Wealthfront or Betterment
4

Vanguard Digital Advisor

The Vanguard Group, Inc.

πŸ’‘ Choose it for low-cost, Vanguard-based index investing and retirement planning.

Vanguard Digital Advisor provides automated portfolio management built around Vanguard ETFs for long-term investors. It is best known for low-cost index investing,...

Pros

  • Low-cost portfolios based on Vanguard index funds and ETFs
  • Strong retirement-planning orientation
  • Low account minimum compared with Schwab Intelligent Portfolios

Cons

  • Fewer banking and trading features than Axos Invest
  • Limited portfolio customization
  • Tax-loss harvesting is less central than at Wealthfront or Betterment
5

Fidelity Go

Fidelity Investments

πŸ’‘ Pick it for a no-fee managed account below $25,000 and Fidelity integration.

Fidelity Go is Fidelity's automated portfolio service for investors who want professional portfolio management without selecting investments themselves. It provides diversified portfolios,...

Pros

  • No advisory fee below $25,000
  • Backed by a larger and more established financial institution than Alinea
  • Integrates with Fidelity retirement, brokerage, and cash accounts

Cons

  • Less tailored education for women and first-time investors than Alinea
  • Limited customization compared with a self-directed Fidelity account
  • Higher advisory fee above $25,000 than some robo-advisors

Free under $25,000; 0.35% annually above $25,000

6

M1

M1 Finance

πŸ’‘ Choose it for customizable automated portfolios and fractional-share investing.

M1 is an investing platform built around customizable portfolios, called Pies, with automated deposits and portfolio rebalancing. It suits investors who want...

Pros

  • Offers more portfolio customization than most robo-advisors
  • Automated deposits and dynamic rebalancing support disciplined investing
  • Free plan covers core investing features

Cons

  • Trading windows provide less execution control than Robinhood or Public
  • No broad range of mutual funds or options trading
  • Cash and margin features can make the platform more complex for beginners

Free; optional Plus from $3/mo

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