Ally Invest vs Acorns

	Ally Invest	Acorns

	Learn More	Visit Site
	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review	SPECIAL OFFER $20 Investment Bonus - Learn More Read Acorns Review
	Benefits and Features
Savings		No
Stock Trading	$0 per trade	Part of service fee. No add-on trading fees.
Options Trading	$0 base + $0.50 per contract	No
Annual Fee	$0	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 Acorns Early account, and 3% IRA match on Acorns Later contributions
Cryptocurrency Trading		No
Minimum Deposit	$0	$0
Checking		Yes
Mutual Fund Trading	$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds	No
Commission Free ETFs	500+	A 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
Penny Stocks	$0.01 per share on the entire order for stocks priced less than $2.00.
Tax Loss Harvesting		No
Goal Tracker		Yes
Automatic Deposits		Yes
Broker Assisted Trades	$20 + Regular Commission	Acorns automatically invest and trade for you
Good For		Beginners; Passive investors; Those who have trouble saving/investing on their own
Inactivity Fee	$0	None, but you will keep paying the monthly fee
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)
Banking	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.	Included 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
Forex Trading
Customer Service	(855) 880-2559
Locations		No
Online Community		No
Seminars		No
Trading Platform	Web Trading, 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

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	Read full review	Investment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
	Learn More	Visit Site
	Commission-Free Stock Trades Open an Ally Invest account Automated Investing to Help Save Your Time	$20 Investment Bonus Try Acorns Today! Acorns Invest: Invest Spare Change
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Ally Invest: Pricing information from published website as of 04/01/2021. Acorns: Pricing information from published website as of 11/29/2024.

$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

Acorns Invest: Invest Spare Change

Automatically Save and Invest

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Acorns App Review

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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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