Alternative Investing

We tested dozens of services to bring you our top picks as you look to turn knowledge into action

  • Beginner-friendly app and desktop interface
  • Very low minimum balance
  • Strong security measures with 2FA and biometrics
  • Wide range of available coins and trading pairs
  • Increasing opportunities to earn interest on crypto
  • Educational tools that pay you crypto
  • Coinbase Pro for advanced traders
  • Solid customer support
  • A publicly-listed company, regulated by the SEC
  • FDIC-insured USD balances up to $250,000
  • Bank-like security measures and 98% cold storage

  • Somewhat vague and varying transaction fees
  • Not the lowest transaction fees available
  • Takes time for new coins to be added to the platform
  • Security insurance covers breaches on Coinbase’s side, but not individual hacks

Worthy alternatives

AltoIRA

Retirement accounts for private and crypto investing

  • Simple interface for complex investing
  • Crypto-specific IRAs with no account minimum
  • Private investment (real estate, angel, etc.) IRAs with no account minimum
  • No account fees on CryptoIRA
  • Low account fees and processing fees for private investment IRA
  • Transparent fee structure
  • Integrated with Coinbase for wide crypto trading ability
  • Excellent customer service
  • Seamless sign up process and transfer assistance
  • Traditional, Roth, and SEP IRAs
  • Invest through Alto partners or identify your own direct investments
  • FDIC-insured USD balances up to $250,000

  • Not necessary unless you’re investing in crypto or private assets
  • Designed to widen the available investment options, not for better trading
  • Monthly account fees for private investment IRA
  • No mobile app
  • Account closure fees
  • No individual 401(k) plans
  • Limited investing research or analytical tools

Worthy alternatives

Fundrise

Accessible private real estate investing

  • Invest in private real estate for as little as $10
  • Multiple diversified fund options, so you don’t have to choose properties
  • Access commercial, single-family, and industrial real estate
  • Open to non-accredited investors (regular people)
  • Quarterly dividend distributions
  • User-friendly interface
  • Guided sign-up process to easily choose a fund that fits your goals
  • Relatively low fees for a private investment fund
  • IRA investment options
  • Automatic dividend reinvestment
  • Quality market insights and newsletters
  • Regular, detailed portfolio investment updates
  • Educational resources
  • Clear portfolio transactions, allocations, and performance
  • Regulated by the SEC

  • Complex investments that require your own due diligence
  • Some hidden fees for origination, IRAs, and redemptions
  • Private eREIT structure is illiquid, with fees for redeeming <5 years
  • Higher fees than publicly-traded REITs
  • Limited investment track record
  • IRA investments only available at higher minimum investments
  • You don’t get to see the investments upfront
  • The fund investment documents are thick and complex

Worthy alternatives

Coinbase

A reputable and regulated crypto exchange

  • Beginner-friendly app and desktop interface
  • Very low minimum balance
  • Strong security measures with 2FA and biometrics
  • Wide range of available coins and trading pairs
  • Increasing opportunities to earn interest on crypto
  • Educational tools that pay you crypto
  • Coinbase Pro for advanced traders
  • Solid customer support
  • A publicly-listed company, regulated by the SEC
  • FDIC-insured USD balances up to $250,000
  • Bank-like security measures and 98% cold storage

  • Somewhat vague and varying transaction fees
  • Not the lowest transaction fees available
  • Takes time for new coins to be added to the platform
  • Security insurance covers breaches on Coinbase’s side, but not individual hacks

Worthy alternatives

AltoIRA

Retirement accounts for private and crypto investing

  • Simple interface for complex investing
  • Crypto-specific IRAs with no account minimum
  • Private investment (real estate, angel, etc.) IRAs with no account minimum
  • No account fees on CryptoIRA
  • Low account fees and processing fees for private investment IRA
  • Transparent fee structure
  • Integrated with Coinbase for wide crypto trading ability
  • Excellent customer service
  • Seamless sign up process and transfer assistance
  • Traditional, Roth, and SEP IRAs
  • Invest through Alto partners or identify your own direct investments
  • FDIC-insured USD balances up to $250,000

  • Not necessary unless you’re investing in crypto or private assets
  • Designed to widen the available investment options, not for better trading
  • Monthly account fees for private investment IRA
  • No mobile app
  • Account closure fees
  • No individual 401(k) plans
  • Limited investing research or analytical tools

Worthy alternatives

Fundrise

Accessible private real estate investing

  • Invest in private real estate for as little as $10
  • Multiple diversified fund options, so you don’t have to choose properties
  • Access commercial, single-family, and industrial real estate
  • Open to non-accredited investors (regular people)
  • Quarterly dividend distributions
  • User-friendly interface
  • Guided sign-up process to easily choose a fund that fits your goals
  • Relatively low fees for a private investment fund
  • IRA investment options
  • Automatic dividend reinvestment
  • Quality market insights and newsletters
  • Regular, detailed portfolio investment updates
  • Educational resources
  • Clear portfolio transactions, allocations, and performance
  • Regulated by the SEC

  • Complex investments that require your own due diligence
  • Some hidden fees for origination, IRAs, and redemptions
  • Private eREIT structure is illiquid, with fees for redeeming <5 years
  • Higher fees than publicly-traded REITs
  • Limited investment track record
  • IRA investments only available at higher minimum investments
  • You don’t get to see the investments upfront
  • The fund investment documents are thick and complex

Worthy alternatives

Pick the platform that makes things easier for you

At the end of the day, it's all about what's right for you. With something like budgeting, debt management, or investing, the most important criteria is that you feel comfortable using it. Otherwise, you're not going to build the confidence to take your future into your own hands. If you're buying basic stocks and funds to hold for the long term, you can do that almost anywhere. Just find a respectable institution that charges low or no fees and has an interface you don't hate using.

Want more help?

We're here for you. Text us at +1 (888) 513-8469! We can answer questions directly or set up time to speak one-on-one.

Don’t miss our other content

Daily scoops to demystify the financial world and its social and environmental impacts.

Site map

Connect with us

team@sharescoops.com

See us on

See us on

Copyright © 2022 Share Scoops, Inc. All Rights Reserved.