Empower vs Betterment

Empower vs Betterment Comparison Table 2023
Empower Betterment
2.8

Empower is #16 in our broker rankings.

Not Yet Rated

Betterment is #38 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Empower is a robo-advisor platform with a suite of free financial planning tools.

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

Pros
  • Strong regulatory oversight
Cons
  • Narrow range of investments
  • Few payment methods
  • No demo account
  • No MT4 integration
  • No copy trading
Awards
  • America’s Best Customer Service 2019 - Newsweek
Instruments
Stocks, ETFs, Mutual Funds, Fixed Income
Demo Account
No No
Minimum Deposit
$1 (Cash), $100,000 (Robo Advisor) $0
Payment Methods
Minimum Trade
Variable $1
Regulator
SEC, FINRA SEC, FINRA
Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (Auto Portfolios)
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
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