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Acorns vs NinjaTrader

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 NinjaTrader? 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 NinjaTrader is an online trading platform and broker for futures and forex. It has advanced charting tools and offers free, monthly, and lifetime plans. It has no deposit minimum, and commissions can be as low as $0.09 per contract with the lifetime plan.

Compare Acorns with NinjaTrader, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 AcornsNinjaTrader
 Visit SiteVisit Site
 

Acorns

NinjaTrader

SPECIAL OFFER
$20 Investment Bonus - Learn More

Read Acorns Review

SPECIAL OFFER
Get up to $250 in Futures Commission Rebates - Learn More

Read NinjaTrader Review

 

Benefits and Features

Savings
No
 
Stock TradingPart of service fee. No add-on trading fees.
No
Options Trading
No
 
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
Free Plan: $0
Monthly Plan: $99/mo
Lifetime Plan: $1,499 one-time payment
Cryptocurrency Trading
No
 
Minimum Deposit
$0
$0
Checking
Yes
 
Mutual Fund Trading
No
 
Commission Free ETFsA selection automatically chosen by Acorns 
Phone Support
Yes
 
Live Chat Support
No
 
Email Support
Yes
 
Human Advisors
No
 
Robo Advisor
Yes
 
Assets Under Management
$4.7 Billion
 
Tax Loss Harvesting
No
 
Goal Tracker
Yes
 
Automatic Deposits
Yes
 
Broker Assisted TradesAcorns automatically invest and trade for you 
Good ForBeginners; Passive investors; Those who have trouble saving/investing on their own 
Inactivity FeeNone, but you will keep paying the monthly fee
$25/month
Maintenance Fee
Monthly fee for the service
 
Online Platform
Yes
 
iPhone App
Yes (4.7 stars, 760k ratings)
 
Android App
Yes (4.3 stars, 156k ratings)
 
BankingIncluded in Acorns Bronze ($3/mo). Free metal debit card, no minimum balance, no overdraft fees, and 55,000+ fee-free ATMs nationwide. 
Mobile App
iOS & Android
 
Two-Factor Authentication
Yes
 
Futures Trading $1.29 per Standard contract per side for Free Plan, $0.99 for Monthly Plan, and $0.59 for Lifetime Plan
Customer Service Phone: 800-496-1683
24/5 Live Support
Email: support@ninjatrader.com
Live Chat
Web Form
Locations
No
 
Online Community
No
 
Seminars
No
 
Trading Platform 
Desktop, Web, Mobile Apps
Virtual Trading
No
 
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

 AcornsNinjaTrader
Annual FeeStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Ease of UseStarStarStarStarStarStarStarStarStarEmpty Star
Online PlatformStarStarStarStarHalf Star
EducationStarStarStarStarEmpty Star
ResearchStarStarStarStarStar
Pros & ConsPros:
  • 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
Pros:
  • Low trading fees
  • No minimum deposit
  • Available training opportunities
Cons:
  • Limited available market
  • Lifetime plan required for lowest trading fees
Bottom LineInvestment app that automatically invests your spare change. Good for young investors to get into the habit... Read full reviewTrading platform and brokerage service for active futures and forex traders... Read full review
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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.

NinjaTrader: Pricing information from published websites as of 01/15/2024.

Acorns

$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
NinjaTrader

Get up to $250 in Futures Commission Rebates

Open and fund a NinjaTrader account & receive up to $250 in commission rebates* for trades placed within 30 days of fund date.

NinjaTrader

Trade Futures Free for 30 Days

Offer valid for a limited time only. Commission rebate will be applied to the account holder's balance for trades placed within 30 days of fund date. Rebate will be based on trades linked to this promotion only, not any other funded account. Existing clients and inactive account holders are exempt and not eligible. Offer not combinable with other offers. Traders will receive a rebate for commissions up to $250. If applicable, a rebate will be applied by the middle of the following month. Available for individual accounts only. Joint, IRA and professional accounts are not eligible for this offer. Credits may be subject to US withholding taxes & any associated taxes are the customer's responsibility. Offer end date and program requirements are subject to change without notice. Exchange, clearing fee and NFA fees still apply.

Which is Better: Acorns or NinjaTrader?

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

In short: Acorns' ease of use is outstanding. NinjaTrader's customer service is outstanding.


Articles on Acorns

Acorns Investing

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

Apps Like Acorns

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.

Articles on NinjaTrader

NinjaTrader Review

NinjaTrader stands out as a robust trading platform for futures and forex. But is it right for you? Read on to find out.

Comments

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