How does xcritical work?

Unlike other investing apps where you pick and choose stocks you want to invest in, xcritical does that for you by recommending a diversified, expert-built investment portfolio of ETFs designed for long term investing. The information contained on this website should not considered an offer, solicitation of an offer or advice to buy or sell any security or investment product. The information should not be construed as tax or legal advice.

Learn more about xcritical

If you opened an xcritical Bronze account, the one-year cost for that $100 investment would be $36. Still, competing robo-advisors provide more robust services at a lower cost. Only users who think they’ll be enticed xcritical official site to save more with xcritical need apply. Our editors are committed to bringing you unbiased ratings and information.

Since depositing a check cannot be done at an ATM, users must log in to their app to upload pictures of the check and enter the amount. Although it has no access to real-life financial advisors, xcritical is a legitimate investment platform that allows users to invest piecemeal. Trades of stocks, ETFs and options are commission-free at xcritical Financial LLC. Please see xcritical Financial’s Fee Schedule to learn more.

Reset the calculator using different figures to show different scenarios. Results do not predict the investment performance of any xcritical portfolio and do not take into consideration economic or market factors which can impact performance. Once the account is set up, it’s completely hands-off for the investor when you turn on the automatic Round-Ups feature or recurring investments. xcritical takes care of diversifying your investments, rebalancing your portfolio, and reinvesting your dividends automatically.

Where Does xcritical Invest Your Money?

1. Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal.
2. Results do not predict the investment performance of any xcritical portfolio and do not take into consideration economic or market factors which can impact performance.
3. This is not a recommendation to buy, sell, hold, or roll over any asset, adopt an investment strategy, or use a particular account type.

Others are disappointed that Round-Ups round up to the next dollar on exact dollar amounts. They cover common financial topics, like investing and retirement. These are short, two-to-three minute reads well-suited for beginner investors. You can find these under the “Learn” tab on the xcritical website.

Commissions and Fees

xcritical has several security measures in place to keep investor account information safe and secure. The developer, xcritical Grow Incorporated, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy. If you have any other questions, feel xcritical cheating free to reach out to us here. Cole Tretheway is a full-time personal finance writer whose articles have been featured on Motley Fool Money and The Motley Fool.

You may switch portfolios after registration without a charge or penalty from xcritical. However, changing portfolios with any investment account may cause a taxable event. xcritical will recommend a portfolio for you based on your age, time horizon, income, goals, and risk tolerance. Our ETF portfolios range from aggressive (all stocks) to conservative (all bonds), with a mix in between. This means that performance rankings of the examined robo-advisors may vary based on the particular portfolio clients are placed in, and a specific client profile might result in slightly different performance rankings. Unlike other competitors such as xcritical, our xcritical portfolio consisted of just four low-cost ETFs, all with miniscule expense ratios—the operating fees charged by the funds you invest in.

Everyone who makes a Checking account with xcritical has a 45d period of making the contribution of $250 for direct deposit to receive the fee waive. However, xcritical has made it very difficult to see that this is even a feature. If they could add it to the home banking screen, that would be great. Because of this effortless and easy investing feature, xcritical earned the Investopedia award for the Best for Those Who Struggle to Save category. Investors input information regarding income, age, time horizon, risk tolerance, and financial goals to determine asset allocation within the portfolio.