Robinhood vs Acorns
Robinhood is better for hands-on traders who want to pick stocks and crypto. Acorns is ideal for automatic, hands-off investing with round-ups.
Robinhood
4.5
Commission-free trading with a simple mobile interface for stocks, ETFs, and crypto.
Pricing: $0 commissions
Pros
- Very easy to use
- Crypto trading
- Fractional shares
- Cash card with rewards
Cons
- Limited research tools
- No mutual funds
- Customer support issues
Acorns
4.3
Micro-investing app that rounds up purchases and invests the spare change.
Pricing: $3-$12/mo
Pros
- Automatic round-ups
- Simple portfolios
- Banking included
- Family accounts
Cons
- Monthly fee
- No individual stocks
- Limited control
- High fee for small balances
Choose Robinhood if...
- You want to pick individual stocks
- Crypto trading interests you
- You prefer no monthly fees
- You want more control
Choose Acorns if...
- You prefer automatic investing
- Round-ups appeal to you
- You want a simple set-and-forget approach
- You're a complete investing beginner
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