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Software · head to head

Vanguard vs WorldRemit

Vanguard logo

Vanguard

Software

Investing for your future

From
On request
Rated
-
Full reviewWebsite
WorldRemit logo

WorldRemit

Software

Send money online to 150 countries

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Vanguard a 25 USD annual account service fee applies unless the account uses e-delivery, is a Cash Plus Account, is enrolled in an advisory service, or holds 1 million USD or more in qualifying assets; WorldRemit no transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • They diverge on capability: Vanguard covers Low-cost index funds, WorldRemit covers International transfers.

Where they differ

Only the attributes on which Vanguard and WorldRemit actually diverge.

Attributes where Vanguard and WorldRemit differ
AttributeVanguardWorldRemit
Founded19752010

Identical on both: starting price (On request), pricing model (transaction), free tier (No), platforms (Web, IOS, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Vanguard

  • Low-cost index funds
  • Commission-free trading
  • Retirement accounts
  • Financial advisors
  • Investment accounts

Only in WorldRemit

  • International transfers
  • Multiple delivery methods
  • Send to 150+ countries
  • Cash pickup option
  • Cards

Both cover

  • Bank accounts
  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Vanguard

  • Holding low cost index mutual funds and ETFs for long term investingnot WorldRemit
  • Running IRAs and taxable brokerage accountsnot WorldRemit
  • Employer retirement plan participationnot WorldRemit

WorldRemit

  • Sending remittances from developed markets to 130 or more receiving countriesnot Vanguard
  • Paying out to mobile money, cash pickup and bank accounts abroadnot Vanguard

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Vanguard

  • A 25 USD annual account service fee applies unless the account uses e-delivery, is a Cash Plus Account, is enrolled in an advisory service, or holds 1 million USD or more in qualifying assets
  • Broker assisted trades cost 25 USD each, waived only at 1 million USD in qualifying assets or with an advisory service
  • Options trades carry a 1 USD per contract fee on top of zero commission
  • Transaction fee mutual funds cost 20 USD per online trade below 1 million USD in qualifying assets, falling to 8 USD only at higher tiers
  • Outgoing wire transfers cost 10 USD unless the account is a retirement account or holds 1 million USD or more
  • Commission levels are tied to a Qualifying Assets balance, so the cheapest rates require 1 million USD or more

WorldRemit

  • No transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • The amount that can be sent depends on the destination country and receive method rather than a single published cap

Pricing, plan by plan

Vanguard

On request
  • Self-Directed Investor$undefined/month
    • Low-cost index funds
    • Commission-free trading
  • Advisory Services$undefined/month
    • All Self-Directed features
    • Financial advisors

WorldRemit

On request
  • Standard Transfer$undefined/month
    • Multiple payment methods
    • Competitive rates
  • Express Transfer$undefined/month
    • Faster delivery
    • Higher costs

Which should you pick?

Choose Vanguard if

  • You need low-cost index funds.
  • You work on Web, IOS, Android.
  • You also want commission-free trading.
Vanguard review

Choose WorldRemit if

  • You need international transfers.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
WorldRemit review

Questions people ask

Is Vanguard or WorldRemit better?
Neither clearly leads. Vanguard starts at On request and WorldRemit at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Vanguard or WorldRemit?
Vanguard starts at On request and WorldRemit at On request.
Does Vanguard or WorldRemit run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
What is Vanguard best used for?
Vanguard is most often used for holding low cost index mutual funds and etfs for long term investing, running iras and taxable brokerage accounts, employer retirement plan participation. Of those, holding low cost index mutual funds and etfs for long term investing and running iras and taxable brokerage accounts are not what WorldRemit is typically brought in for.
What can Vanguard do that WorldRemit cannot?
Vanguard covers Low-cost index funds, Commission-free trading, Retirement accounts, Financial advisors. WorldRemit covers International transfers, Multiple delivery methods, Send to 150+ countries, Cash pickup option. Both handle Bank accounts, Web support, IOS support, Android support.
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