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Overview

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
Pricing Options
  • Free Trial Not Available
  • Starts at $1.0.
  • Free Trial Not Available
  • Robinhood Offers Custom plan.
SW Score & Breakdown

Technical Details

Organization Types Supported
  • Individuals
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Individuals
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
Platforms Supported
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
Modes of Support
  • Online
  • Online
API Support
  • NA
  • Available

Reviews & Ratings

User Rating
2.9/5 126 user ratings
1.3/5 1,753 user ratings
Ratings Distribution
  • Excellent

    39.1%
  • Very Good

    7.1%
  • Average

    1.9%
  • Poor

    3.2%
  • Terrible

    48.7%
  • Excellent

    4.2%
  • Very Good

    1.9%
  • Average

    1%
  • Poor

    2.4%
  • Terrible

    90.5%
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.

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AI-Generated from the text of User Reviews

Pricing

Pricing Options
  • Free Trial Not Available
  • Starts at $1.0.
  • Free Trial Not Available
  • Robinhood Offers Custom plan.
Pricing Plans
Monthly Plans Annual Plans

Lite $1.00 $1.00 per month

Personal $3.00 $3.00 per month

Family $5.00 $5.00 per month

Robinhood Custom

 
View Detailed Pricing
View Detailed Pricing

Screenshots & Videos

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Vendor information

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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