Acorns vs Robinhood
Complete comparison to help you choose the right app
A
Acorns
$3-5/month
R
Robinhood
Free / Gold $5/month
Quick Summary
Choose Acorns if you want:
- Effortless investing
- Great for beginners
- Round-ups add up
Choose Robinhood if you want:
- No commissions
- Easy to use
- Crypto trading
Feature Comparison
| Feature | Acorns | Robinhood |
|---|---|---|
| Rating | 4.7/5 (890.0K reviews) | 4.2/5 (4.2M reviews) |
| Pricing | $3-5/month | Free / Gold $5/month |
| Platforms | iOS, Android, Web | iOS, Android, Web |
| Best For | first time investors, beginners | first time investors, students |
| Founded | 2012 | 2013 |
Features Overview
Acorns Features
- Round-up investing
- Recurring investments
- Retirement accounts
- Checking account
- Bonus investments
- Found Money rewards
- Educational content
Robinhood Features
- Commission-free trading
- Crypto trading
- Fractional shares
- Cash management
- Options trading
- IPO access
- Real-time market data
Pros & Cons
Acorns
Pros
- Effortless investing
- Great for beginners
- Round-ups add up
- All-in-one financial app
- Educational resources
Cons
- Fees high for small balances
- Limited investment options
- Not for active traders
Robinhood
Pros
- No commissions
- Easy to use
- Crypto trading
- Fractional shares
- Cash card with rewards
Cons
- Limited research tools
- Past outages during volatility
- Gamification concerns