Raiz

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Raiz

Highlights

A personalized investment portfolio, no account minimums, no commissions, and fractional investing.
Set recurring daily, weekly or monthly  investment amounts to set aside more.
Your money is insured against fraudulent and criminal activity.

Pros

Your spare change from everyday purchases is automatically invested.
Withdraw anytime, no penalties
Get money back through Raiz Rewards when you shop with partnered brands.
You can open a Raiz Kids account to start building their financial future.
Pick a portfolio that suits you. Choose from six investment options, ranging from conservative to aggressive.

Cons

It only offers diversified portfolios and has no access to individual stocks or ETFs.
Plans start at $4.50 or $5.50 per month, which can be costly for smaller balances.
Designed for passive, long-term investing rather than frequent trading.
No CHESS sponsorship.

Pros and cons

Pros

Your spare change from everyday purchases is automatically invested.
Withdraw anytime, no penalties
Get money back through Raiz Rewards when you shop with partnered brands.
You can open a Raiz Kids account to start building their financial future.
Pick a portfolio that suits you. Choose from six investment options, ranging from conservative to aggressive.

Cons

It only offers diversified portfolios and has no access to individual stocks or ETFs.
Plans start at $4.50 or $5.50 per month, which can be costly for smaller balances.
Designed for passive, long-term investing rather than frequent trading.
No CHESS sponsorship.

History

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Rates and fees

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