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Editors' Review

Acorns allows you to open an investment account from your phone in only a few steps. It offers low fees and a number of tools to allow you to invest in the fashion that you feel most comfortable.

Pros

Automatic round-up investing: One of Acorns' main selling points is that it allows you to invest your change. In essence, whenever you buy something, Acorn will round up that amount to the nearest dollar, and then help you invest your change into an investment account. You can require that you manually push this through, or you can have it happen automatically.

Designed for small investors: Acorns is aimed at the little guys, offering very low fees and no account minimums or penalties for low balances.

Well-designed software: The app itself looks modern, is very easy to read, and can be navigated easily by someone who has never seen it, or other investment software, before.

Cons

Impractical: Such small investments won't return much.

Bottom Line

If you've never been brave enough to invest before, this app provides a great entry point. The price to entry is so low, and the app is so easy to use that anyone should feel comfortable dipping their toe into the investment pool.

 
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Full Specifications

What's new in version 1.7.1

  • Check out Grow, our in-app resource for money news, interviews and how-to's.
  • An all-new Found Money screen makes discovering offers even easier.
  • Enhancements to your Round-Ups settings = a user friendlier experience.
  • And we fixed some bugs, because we believe in the power of small change.
  • General

    Publisher Acorns
    Publisher web site https://www.acorns.com/
    Release Date January 05, 2017
    Date Added January 05, 2017
    Version 1.7.1

    Category

    Category Productivity Software
    Subcategory Personal Finance Software

    Operating Systems

    Operating Systems Android
    Additional Requirements Android 4.4 and up

    Download Information

    File Size Not Available
    File Name External File

    Popularity

    Total Downloads 239
    Downloads Last Week 2

    Pricing

    License Model Free
    Limitations Not available
    Price Free
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