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Axos Invest review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Axos Invest suits US savers who want a managed portfolio or a self-directed brokerage under one app, and it keeps the entry cost low at $100. The catch is that protection rests on SIPC membership alone, and support runs on chat and help centre only.

Key facts

Best for
US savers wanting managed ETF portfolios plus self-directed trading in one app.
Minimum investment
$100↗
Regulators
SIPC↗
Investor protection
SIPC up to USD 500,000↗
Account types
Joint, Roth-IRA, IRA↗
Portfolio types
ETF↗
Legal entity
AXOS INVEST LLC↗
Support channels
Chat, Help-centre↗
Official website
axos.com

Brokers

Stock trade fee
$0↗
Markets
Stocks, ETFs, Options, Funds↗
Options contract fee
$0.80↗
Features
Mobile app
Pricing model
Commission-free

Facts checked September 26, 2026, 5 sources

Pros and cons

Pros

  • Managed portfolios are built from ETFs, so the investing side is etf rather than a hand-picked share list.
  • The entry point of $100 is well below the $500 eToro asks and the NGN 5,000 at PiggyVest.
  • Accounts come in joint, roth ira and ira, so retirement and shared investing are covered inside the same platform.
  • Self-directed trading is commission free and stock trades cost $0.
  • Investing and account management both run through the mobile app, so there is no separate tool to learn.

Cons

  • Help runs on chat and help centre only, so there is no phone line or email for questions about transfers or tax.
  • Options carry a fee of $0.80 per contract even though stock trades are $0.
  • Investor protection stops at SIPC up to USD 500,000, and the scheme sits with SIPC alone rather than a second layer.
  • Self-directed accounts are limited to stocks, etfs and options, which excludes bonds, futures, foreign exchange and crypto.

Ready to try Axos Invest?

Scored 8.8 / 10 by SumCue.

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Who it suits

  • US savers who want a robo-managed portfolio without a large starting amount
  • Retirement investors, since accounts come as joint, roth ira and ira
  • People who trade stocks and also want managed portfolios in the mobile app

Who should look elsewhere

  • Anyone wanting to speak to a human on the phone, because support is chat and help centre
  • Investors who trade options often, who will pay $0.80 per contract
  • Readers based outside the US, since the licences cover SIPC in the US only

Portfolios and accounts

The managed side runs on ETFs. Portfolio types come as etf, which keeps the building blocks of each managed account straightforward and low cost rather than a hand-picked list of individual shares. Accounts come in joint, roth ira and ira, so a retirement account, a joint account and a tax-advantaged retirement account all sit inside the same platform. The self-directed side reaches stocks, etfs and options, giving you the raw building blocks if you would rather run the account yourself. That mix is the part that separates Axos Invest from the managed-only robo advisers nearby: the portfolio is not the only way in.

Getting started

The floor is low. Managed portfolios start from $100, which sits well below the $500 at eToro and the NGN 5,000 at PiggyVest, and below the €60.06 most robo advisers on the site ask. By contrast, Empower Personal Dashboard starts from $0. The account types you can open are joint, roth ira and ira, which matters if the money is for retirement or is shared with someone. You manage the account through the mobile app, and the same app covers the managed portfolios.

Safety of your money

The account is held by AXOS INVEST LLC, and the protection scheme listed is SIPC up to USD 500,000. Investors are covered by the regulator named in the licences, SIPC, with the membership recorded as SIPC member 69507. There is no second scheme stated alongside it, so if your holdings sit above that ceiling the shortfall is yours to cover. Plan on that before putting a large balance into a single account.

Who runs it

The entity holding the accounts is AXOS INVEST LLC, a US company registered with SIPC under SIPC member 69507. Getting help runs on chat and help centre, so questions about transfers, tax forms or portfolio changes go through chat or the help centre rather than a phone line. That suits anyone comfortable reading answers online, and less well suited to anyone who wants to pick up a handset during tax season.

How Axos Invest compares

Where Axos Invest is available

Available
United States
Licence in United States
SIPC (SIPC member 69507), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much do I need to start investing?+

Managed portfolios start from $100, which is a modest entry point. That sits below the $500 at eToro and the NGN 5,000 at PiggyVest, and below the €60.06 typical of the robo advisers on the site. Empower Personal Dashboard starts from $0.

What does it cost to invest with Axos Invest?+

On the self-directed side, stock trades are commission free and the trade fee is $0. Options are the exception, with a fee of $0.80 per contract. Managed portfolios are built from etf, and the robo-adviser group on the site typically charges a management fee of 0.35%.

Is my money protected?+

Accounts are held by AXOS INVEST LLC and covered by SIPC, with the membership recorded as SIPC member 69507. The stated protection is SIPC up to USD 500,000. No second scheme appears in the licences, so balances above that ceiling sit outside the protection.

What account types can I open?+

Account types come as joint, roth ira and ira, which covers retirement, tax-advantaged retirement and shared investing. That makes the platform usable for long-term saving rather than a short-term trading account. The accounts run alongside the managed portfolios in the mobile app.

What can I actually invest in?+

The self-directed account covers stocks, etfs and options. Managed portfolios are built from etf instead. Bonds, foreign exchange, futures and crypto are not part of either side, so anyone who needs those has to look elsewhere.

How do I get help if something goes wrong?+

Support runs on chat and help centre. Questions about transfers, tax documents or portfolio changes go through chat or the help centre. There is no phone line or email listed, which matters if you prefer to talk a matter through with a person.

Who is Axos Invest aimed at?+

It fits savers who want a robo-managed portfolio starting from $100 and then the option to trade directly in the same app. The joint, roth ira and ira on offer suit retirement and joint investing. It suits US customers, since the licences cover SIPC in the US only.

How does Axos Invest compare on entry cost?+

The $100 entry point ranks 43 of 82 brands on this measure, and that is among the lower figures. eToro asks $500 and PiggyVest asks NGN 5,000 to begin.

Sources

  • sipc.org/list-of-members checked September 26, 2026

    Backs: Investor protection, Legal entity, Regulators, Licences

    “reportingFileNumber=69507; name=AXOS INVEST LLC”

  • axos.com/invest checked September 26, 2026

    Backs: Features, Markets, Support channels

    “Easier, smarter banking starts with the Axos all-in-one mobile app”

  • axos.com/invest/managed-portfolios checked September 26, 2026

    Backs: Minimum investment, Portfolio types

    “With a low $100 minimum requirement to invest, Axos Invest simplifies investing”

  • axos.com/invest/managed-portfolios/investing-details checked September 26, 2026

    Backs: Account types

    “Choose from options including Individual, joint, Roth IRA, and Traditional IRA accounts.”

  • axos.com/invest/self-directed-trading checked September 26, 2026

    Backs: Pricing model, Options contract fee, Stock trade fee

    “Options $0.80 per contract”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Management fee.

Axos Invest

US savers wanting managed ETF portfolios plus self-directed trading in one app.

8.8/10See alternatives