QuietGrowth vs Raiz Invest
The biggest difference between QuietGrowth and Raiz Invest is the minimum commitment. QuietGrowth requires a $3,000 initial deposit and $2,000 subsequent purchases, making it a serious option for investors with meaningful capital. Raiz lets you start with just $5 and invest any amount after that, plus it offers round-ups and debit card deposits — features QuietGrowth doesn't have.
- ›You want zero monthly or annual platform fees — QuietGrowth absorbs all costs into the management fee
- ›You need joint, company, or trust account options, which Raiz doesn't offer
- ›You prefer a smaller, independently owned operator rather than a publicly listed company
- ›You're comfortable with a $3,000 minimum and plan to invest in larger lump sums
- ›You want all brokerage costs bundled into the management fee with no separate trading charges
- ›You want to start investing with as little as $5 and add any amount after that
- ›You like the idea of round-ups from everyday spending to automatically build your portfolio
- ›You want a kids / minor account option — Raiz offers it, QuietGrowth doesn't
- ›You prefer a publicly listed ASX company (Raiz Invest Limited) with more transparent reporting
- ›You want flexible deposit methods including debit card and recurring direct debit
Where they differ
| Fact | QuietGrowth | Raiz Invest |
|---|---|---|
| Minimum initial deposit | $3,000 | $5 |
| Monthly platform fee | $0/month | $5.50/month |
| Account types | Individual, Joint, Company, Trust, SMSF | Individual, SMSF, Kids/Minor |
| Fractional ASX shares | Not supported | Supported |
| Deposit methods | Bank transfer (EFT) only | Bank transfer, debit card, round-ups, recurring direct debit |
Choose QuietGrowth for low-cost, larger-sum investing with broader account types; pick Raiz for micro-investing, round-ups, and a kids account.
Common questions
How do QuietGrowth and Raiz Invest compare on minimum initial deposit?
QuietGrowth: $3,000. Raiz Invest: $5. Raiz is vastly more accessible for new or small-balance investors.
How do QuietGrowth and Raiz Invest compare on monthly platform fee?
QuietGrowth: $0/month. Raiz Invest: $5.50/month. QuietGrowth has no separate monthly fee; Raiz charges a flat monthly subscription.
How do QuietGrowth and Raiz Invest compare on account types?
QuietGrowth: Individual, Joint, Company, Trust, SMSF. Raiz Invest: Individual, SMSF, Kids/Minor. QuietGrowth supports joint, company and trust accounts; Raiz does not.
When is QuietGrowth the better choice over Raiz Invest?
Pick QuietGrowth if you want zero monthly or annual platform fees — QuietGrowth absorbs all costs into the management fee; you need joint, company, or trust account options, which Raiz doesn't offer; you prefer a smaller, independently owned operator rather than a publicly listed company; or you're comfortable with a $3,000 minimum and plan to invest in larger lump sums.
When is Raiz Invest the better choice over QuietGrowth?
Pick Raiz Invest if you want to start investing with as little as $5 and add any amount after that; you like the idea of round-ups from everyday spending to automatically build your portfolio; you want a kids / minor account option — Raiz offers it, QuietGrowth doesn't; or you prefer a publicly listed ASX company (Raiz Invest Limited) with more transparent reporting.
QuietGrowth or Raiz Invest — what's the verdict?
Choose QuietGrowth for low-cost, larger-sum investing with broader account types; pick Raiz for micro-investing, round-ups, and a kids account.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | QuietGrowth | Raiz Invest |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | custodian |
| Individual account | Yes | Yes |
| Joint account | Yes | No |
| Company account | Yes | No |
| Trust account | Yes | No |
| SMSF account | Yes | Yes |
| Kids / minor account | No | Yes |
| asset coverage | ||
| ASX shares supported | No | No |
| ASX ETFs supported | Yes | Yes |
| US shares supported | No | No |
| US ETFs supported | No | No |
| Other markets supported | ||
| Fractional shares (ASX) | No | Yes |
| Fractional shares (US) | No | — |
| Options trading | No | No |
| CFDs supported | No | No |
| Managed funds | No | Yes |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| Holds USD account | No | — |
| Market data fees | $0/month | — |
| costs visible | ||
| ASX free trade conditions | No brokerage/trading fees are payable on any ETF transactions executed by QuietGrowth on behalf of the client; all dealing costs are absorbed into the annual management fee structure. | Brokerage free across all plans — bulk ASX execution is bundled into the monthly subscription / management fee. No fees on deposits, withdrawals, or portfolio switches. |
| Monthly platform fee | $0/month | $5.5/month |
| Annual platform fee | $0/year | $66/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | QuietGrowth Pty Ltd (ACN 602 754 692) | Raiz Invest Australia Limited |
| AFSL number | 505,929 | 434,776 |
| Year founded | 2,014 | 2,016 |
| Parent / ownership | Independently / privately owned (founders Dilip Sankarreddy and Krupakar Chinnasani); operates as Corporate Authorised Representative of Amplus Global Pty Ltd (AFSL 505929) | Raiz Invest Limited (ASX: RZI) — Australian publicly listed parent |
| Country of incorporation | AU | AU |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $3,000 | $5 |
| Minimum subsequent purchase | $2,000 | $0 |
| Deposit methods | bank_transfer_eft | bank_transfer, debit_card, round_ups, recurring_direct_debit |
| Settlement period | T+2 (ASX standard) | T+2 (ASX) — applies to fund trading via the underlying ETFs; member contribution settles in ~1-2 business days into the fund. |
| Withdrawal time | — | 3-5 business days (T+2 ASX settle, then 1-3 days bank transfer) |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | No |
| Free real-time market data | No | No |
| Free research reports | No | No |
| 2FA support | — | SMS |
| Customer support channels | email, phone, chat | phone, email, in_app |
| Support hours (AU time) | — | Monday-Friday, 8:30am-5:30pm Sydney time |
| Education content | basic_articles | basic articles |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | Yes | Yes |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | — | No |
| trading mechanics | ||
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | rebalancing | weighted/rebalancing |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | No | — |