Acorns vs TD Ameritrade

Acorns is an investment app that automatically invests your spare change. Good for young investors to get into the habit. How does it compare to TD Ameritrade? Read our comparison chart below.

Acorns is geared towards young investors who have trouble saving. This investment app automatically rounds up and invests your spare change whenever you make a purchase. The service fee starts at $3/month for accounts. There is no minimum to open.

While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

Compare Acorns with TD Ameritrade, side-by-side.

	Acorns	TD Ameritrade

	Visit Site	Learn More
	SPECIAL OFFER $20 Investment Bonus - Learn More Read Acorns Review	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More
	Benefits and Features
Savings	No
Stock Trading	Part of service fee. No add-on trading fees.	$0 commission for online stock, ETF, and option trades
Options Trading	No	$0.65 per contract
Annual Fee	Acorns Bronze ($3/mo) - includes personal taxable account, IRA, and checking account Acorns Silver ($6/mo) - includes everything in Bronze, emergency fund, 25% match on rewards, and 1% IRA match on Acorns Later contributions Acorns Gold ($12/mo) - includes everything in Silver, investment accounts for kids, 50% match on rewards, custom portfolio, Trust & Will, $10K Life Insurance, free GoHenry account, and 3% IRA match on Acorns Later contributions
Cryptocurrency Trading	No
Minimum Deposit	$0	$0
Checking	Yes
Mutual Fund Trading	No	Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs	A selection automatically chosen by Acorns	550+ Commission-Free ETFs
Phone Support	Yes
Live Chat Support	No	Yes
Email Support	Yes
Human Advisors	No
Robo Advisor	Yes
Assets Under Management	$4.7 Billion
Penny Stocks
Tax Loss Harvesting	No
Goal Tracker	Yes
Automatic Deposits	Yes
Broker Assisted Trades	Acorns automatically invest and trade for you	$25
Good For	Beginners; Passive investors; Those who have trouble saving/investing on their own
Inactivity Fee	None, but you will keep paying the monthly fee	$0
Maintenance Fee	Monthly fee for the service	$0
Online Platform	Yes	Yes
iPhone App	Yes (4.7 stars, 760k ratings)
Android App	Yes (4.3 stars, 156k ratings)
Banking	Included in Acorns Bronze ($3/mo). Free metal debit card, no minimum balance, no overdraft fees, and 55,000+ fee-free ATMs nationwide.	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App	iOS & Android	Yes
Desktop App		Thinkorswim
Two-Factor Authentication	Yes
Forex Trading		Yes
Futures Trading		$2.25 per contract (plus exchange & regulatory fees)
Bond Trading		Yes
CFD Trading		No
Currency Trading		Yes
Customer Service		(800) 669-3900 (Open 24/7)
Locations	No	More than 100 locations in 34 states
Online Community	No
Seminars	No	Online webcast
Trading Platform		thinkorswim
Virtual Trading	No	Yes
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	No
529 Plans	No
	CreditDonkey® Reviews

Annual Fee
Minimum Deposit
Mobile App
Customer Service
Ease of Use
Pros & Cons	Pros: No minimum to open account Invest with spare change Cash-back program Cons: Fees are high for small balances No tax benefits Limited investment options
Bottom Line	Investment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
	Visit Site	Learn More
	$20 Investment Bonus Try Acorns Today! Acorns Invest: Invest Spare Change	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Acorns: Pricing information from published website as of 09/28/2020. TD Ameritrade: Pricing information from published website as of 09/05/2023.

$20 Investment Bonus

Get $20 Investment Bonus

Open an Acorns account (new users only)
Set up the Recurring Investments feature
Have your first investment be made successfully via the Recurring Investments feature

Try Acorns Today!

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Acorns Invest: Invest Spare Change

Automatically Save and Invest

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Acorns or Robinhood.

Articles on Acorns

Acorns Review

Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit.

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Acorns is one of the best micro-investing apps out there. But is it for everyone? Read on to see some of your alternatives.

Is Acorns Legit or Safe

Acorns lets you invest spare change from every purchase. But is it safe to use? Learn just how secure the micro-investing app is.

How to Make Money Using Acorns

Acorns "rounds up" everyday purchases and invests it for you. What's the catch? Read this review to find out how to make money using the app.

Comments

Olivia Tabor from Texas
on April 2019 said about Acorns:
I have both Acorns and Robinhood and even though they each serve a different purpose I don't have the freedom of stock purchase that I really like. I believe Acorns diversifies for my needs more effectively.

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