Betterment Review 2021

Betterment is a US wealth management and investing company, offering a range of account options, portfolios and ETFs.

Betterment is broker that gives traders access to Array. Surprisingly, Betterment does not support either of the enormously popular MetaTrader platforms (4 and 5).

Careful traders will be reassured knowing that Betterment is licensed to offer trading services by several regulators, 2 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.

Betterment Summary

Betterment is a US wealth management and investing company, offering a range of account options, portfolios and ETFs.

Ratings

40%
Trust
0%
Instruments
0%
Features
BonusNone
Instruments
Demo Account
Min. Deposit$0
Min. Trade$1
Regulated BySEC, FINRA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Payment Methods

Betterment accepts the following payment methods:

  • Wire Transfer
  • Cheque
Risk Warning – Your capital is at risk

FAQ

Is Betterment Safe?

Yes, most likely, as we gave Betterment a trust score of 40% in our review. The main negative factor in this score is that Betterment is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Betterment Accept PayPal?

No, Betterment does not accept PayPal payments.

Is Betterment Halal?

Probably not, as Betterment does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Betterment Regulated?

Yes, Betterment is regulated by 2 different regulators: SEC and FINRA.

The fact that Betterment is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.

Betterment vs Other Brokers

If you want to compare Betterment with other brokers, use the detailed comparisons below.

Betterment vs
Betterment is a US wealth management and investing company, offering a range of account options, portfolios and ETFs.