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Acorns reviews - Pros, Cons, and Features

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What is Acorns?

An American financial technology and financial services company that specializes in micro-investing and robo-investing.

Based on - 107 user ratings

63

24

12

2

6

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85%

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iOS

Acorns Key Features

1. Retirement Accounts - Offers IRAs through Acorns Later.
2. Diversified Portfolios - Invests in expert-built ETF portfolios.
3. Cash Back Rewards - Earns bonus investments from partner brands.
4. Automated Round-Ups - Rounds up purchases to invest spare change.

Acorns Pros

1. Easy portfolios
2. Cash-back rewards
3. Auto-invest spare change

Acorns Cons

1. Monthly fees
2. No tax-loss harvesting
3. Few investment options

Acorns Pricing

• Plans start at $3/month

* Check website for price changes.

Ideal For

Personal use

Most commonly used for

Automated micro-investing.

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Compare Acorns to Alternatives

VS.

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Acorns

DigitalScore 85%

Pros

1. Easy portfolios
2. Cash-back rewards
3. Auto-invest spare change

Cons

1. Monthly fees
2. No tax-loss harvesting
3. Few investment options

Most commonly used for

Automated micro-investing.

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User reviews

Rookie

20

Rating:

Good

Everyday Consumer

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They help you automate your investing through their service, and it is easy to use and understand.

23-Aug-2020

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User reviews

Rookie

14

Rating:

Amazing

Everyday Consumer

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Very good platform for investing, it's less of a "party app" like Robinhood, and a lot more professional.

10-Jul-2021

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User reviews

Rookie

9

Rating:

Worth It

Growth Hacker

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Good overall platform for investing in stocks and other methods of investing, all in one place.

31-Aug-2020

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User reviews

Rookie

4

Rating:

Amazing

Everyday Consumer

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Great choice for investing in stocks, they also have an app that is intuitive and easy to use. The use of simple looking graphs makes "investing" look not so scary and much more accessible.

29-Sep-2021

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User reviews

Rookie

4

Rating:

Worth It

Founder

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I like using Acorns for all of my stock investing. The platform (as well as their app) are simple to use and very easy to sell and buy stocks at your will.

2

20-Jun-2021

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