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Description | Acorns is a finance management platform that is first in the world to provide micro-investing to its users for future benefits and profits. It enables the customers to use its unique financial engine to round up spare cash from daily purchases and put it in a professionally run portfolio of index funds. With Acorns, you can invest spare cash, bank more wisely, and save for retirement, among other things. You can get investment accounts for you and your family, as well as retirement, checking, and methods to make more money, in under 5 minutes. The platform offers Round-Ups feature that allows you to invest spare change, a portion of each paycheck, earn more, and receive money advice on the fly. Users can get access to expert-designed smart portfolios that adapt automatically as they and their money grow. For additional protection, it offers bank-level security, two-factor authentication and 256-bit encryption. Additionally, with smart deposit and no extra charges, and real-time round-ups, you can get the metal debit card that invests and saves for you every time you splurge. Read more | Robinhood is on a mission to democratize finance for all. They believe it should work for everyone and not just a few. Customize your portfolio with pieces of different companies and funds to help reduce risk. Trades placed during market hours are executed at that time, so you’ll always know the share price. Advanced traders can execute more sophisticated strategies like iron condors, straddles, strangles, and more. Read more |
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User Sentiments |
Ease of Investment, Automatic Investment Features, Round-up Feature, User-Friendly Interface Account Verification Issues, Customer Support Issues, Referral Program Issues, Lengthy Withdrawal Process |
User-Friendly Interface, Commission-Free Trading, Fractional Shares, Informative Research Tools Unresponsive Customer Service, Account Restrictions, Inaccurate Data and Charting, Market Manipulation Concerns |
Review Summary |
Overall, Acorns users appreciate its user-friendly interface, low fees, and ability to help them save and invest effortlessly. Many users report positive experiences with the app's features, such as round-ups and automatic investments, which have facilitated their financial goals. However, some users have expressed concerns about the app's limited investment options, occasional technical glitches, and customer support responsiveness. These issues may hinder the overall user experience and satisfaction. |
Overall, users have mixed opinions about the service. Many users praise Robinhood's user-friendly design, commission-free trading, and educational resources for beginner investors. However, common complaints include frequent outages and customer service issues, particularly during market volatility. Some users also express concerns about the platform's suitability for experienced traders due to its limited features and research capabilities. |
Read All User Reviews | Read All User Reviews |
AI-Generated from the text of User Reviews
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Lite $1.00 $1.00 per month Personal $3.00 $3.00 per month Family $5.00 $5.00 per month |
Robinhood Custom |
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Personal Capital
4.3 Based on 4 Ratings
Shootih
5 Based on 1 Ratings |
KoreConX
5 Based on 2 Ratings |
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Videos | Not Available |
Company Details | Located in: Irvine, California Founded in: 2012 | Located in: Menlo Park, California Founded in: 2013 |
Contact Details |
Not available https://www.acorns.com/ |
Not available https://robinhood.com/ |
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