Acorns Review: Is It The Right Investment Portfolio Management Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
Starts from $1 / Month
Overview
Pricing
Buyer feedback
Alternatives
Media
Security & Compliance
Support
FAQ
Blogs
What is Acorns?
Acorns is a free iOS and Android app to help invest money. With an innovative round-up system, Acorns helps to automatically invest small amounts of money from everyday purchases like coffee or groceries to save money and grow wealth over time. Acorns connects to the existing bank accounts and uses “Round-Ups” to invest the spare change, as little as $5. Sign up for free and get started today!
Pricing
Starts from $1 / Month
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
Data residency:🇺🇸
Platform
Web + mobile app (iOS & Android)
Acorns Software Demo
Acorns was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Acorns
- Use cases
- Personal finance management, Micro-investing, Wealth building for beginners
- Team types
- Individual investors, Freelancers managing personal finances
- Company size
- Individual users, Small businesses
- Workflow style
- Simple and streamlined
- Setup complexity
- Low
Why teams choose Acorns
Automatic round-up investment feature
Ease of use on mobile platforms
No minimum investment amount
Is Acorns right for you?
Best for beginner investors seeking simple, automatic micro-investing on mobile.
Choose Acorns if
- You want to invest spare change automatically from everyday purchases.
- You prefer a mobile-first app with a simple, streamlined setup.
- You are an individual or freelancer starting to build personal wealth.
Consider alternatives if
- You require advanced investment options and professional portfolio management tools.
- You need transparent pricing and higher user satisfaction ratings.
What buyers should know before shortlisting Acorns
Acorns simplifies investing by automatically rounding up purchases to invest spare change. While it’s great for beginners, those seeking more control over their investments may find it limiting.
Acorns pros and cons
- Acorns pros
Automatic round-up investment feature
Ease of use on mobile platforms
No minimum investment amount
- Acorns cons
Limited advanced investment options
Low overall user rating (2.9 out of 5)
Ready to try it?
Get started with Acorns
Connect with the team for a personalised demo.
Still comparing?
See how it stacks up
Compare Acorns side-by-side with top Investment Portfolio Management Software alternatives.
What is the pricing of Acorns?
Acorns Pricing Plans
Lite
$1
/Month
Invest Put your spare change to work with Round-Ups Earn bonus investments from our 350+ Found Money partners Grow your knowledge with hundreds of articles from financial experts
Put your spare change to work with Round-Ups
Earn bonus investments from our 350+ Found Money partners
Grow your knowledge with hundreds of articles from financial experts
Personal
$3
/Month
Invest
Later The easiest way to save for retirement Earn tax advantages Updated regularly to match your goals
The easiest way to save for retirement
Earn tax advantages
Updated regularly to match your goals
Show more +
Family
$5
/Month
Family
Later
Spend
Early Open in under 3 minutes Multiple kids at no added cost Automatic Recurring Investments Exclusive bonus investments Family financial advice Potential tax savings while they grow Flexibility with the funds
Open in under 3 minutes
Show more +
Acorns reviews and ratings
Buyer sentiment
Users appreciate the app's simplicity and automatic investing but express concerns about limited features and overall satisfaction.
What buyers like
- Ease of use
- Automatic round-ups
- Mobile accessibility
Common complaints
- Limited investment options
- Customer support issues
What users are saying
LA
Laura Allen
06/25/24
I am frightened by all of the bad…
I am frightened by all of the bad reviews…I deposit $10/month and do the round-up…it is money that is usually taken for granted and the change thrown ...
Read more
D
Derej
06/24/24
I see the negative reviews
I see the negative reviews, but I gave not experienced any of the problems mentioned. Haven't had problems with withdrawals, either the amount or ...
Read more
HW
Holly White Valliant
06/17/24
Just do it. It's a start.
Just do it. Even for five a week. You will thank yourself later. If you want bitcoin go to an exchange. If you want effortless investing you don't ...
Read more
KC
Kari C
06/04/24
Great app
Great app. Been using it for YEARS as a single Mom and it’s really helping me save for future goals! I HIGHLY recommend it. 💗💗💗
BS
Brian Schmidt
06/03/24
Worth your investment
This financial institution is clearly looking after there customers, as they invest your money in all aspects of the availability of investments that ...
Read more
TM
Timothy Mauk
05/13/24
I don’t get the hate for this app
I don’t get the hate for this app. The money I have invested is making a slightly better than expected return in the moderate risk portfolio. Taking ...
Read more
Acorns security and data handling
Key compliance certifications and security features for IT and security teams evaluating Acorns.
Certifications
Developer & data
Alternatives to Acorns
Acorns Support Options
Frequently Asked Questions About Acorns
Common questions buyers ask before choosing Acorns.
Acorns is a strong fit if: You want to invest spare change automatically from everyday purchases.; You prefer a mobile-first app with a simple, streamlined setup.. Consider alternatives if: You require advanced investment options and professional portfolio management tools.; You need transparent pricing and higher user satisfaction ratings..
Buyers commonly note the following limitations of Acorns: Limited advanced investment options; Low overall user rating (2.9 out of 5); Lack of transparent pricing information.
Some top alternatives to Acorns includes PocketSmith, Pockett, Robinhood, Personal Capital and Ripsaw.
Acorns offers Subscription pricing model
The starting price of Acorns is $1/Month
Ready to try it?
Get started with Acorns
Get connected with the team for a personalised demo.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
