Morningstar vs Acorns
Morningstar is an advanced investment tools for more serious investors with larger portfolios. How does it compare to Acorns? Read our comparison chart below.
Morningstar provides independent investment insights, offers in-depth reports on mutual funds and stocks, and has portfolio x-ray tool which shows portfolio strengths and weaknesses. It offers monthly and annual paid subscription plans with 7-day free trial.
While 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.
Compare Morningstar with Acorns, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
Morningstar | Acorns | |
|---|---|---|
Start 7-Day Free Trial of Morningstar Investor - | $20 Investment Bonus - | |
Benefits and Features | ||
| Savings | ||
| Stock Trading | Part of service fee. No add-on trading fees. | |
| Options Trading | ||
| Annual Fee | Morningstar Investor costs $249/year (monthly plan costs $34.95/month) |
|
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Checking | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | A selection automatically chosen by Acorns | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | Acorns automatically invest and trade for you | |
| 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 | |
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | 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 | ||
| Two-Factor Authentication | ||
| Charting Tools | ||
| Customer Service | Phone: 866-229-9449 Monday - Friday: 8AM - 5PM CST Email: joe@morningstar.com | |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Stock Ratings | ||
| Stock Recommendations | ||
| Stock Screener | ||
| Virtual Trading | ||
| Investment Tracking |  | |
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| | |
| Price |   | |
| Mobile App | |  |
| Ease of Use | | |
| Research | | |
| Annual Fee | | |
| Minimum Deposit | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Advanced investment tools for more serious investors with larger portfolios... | Investment app that automatically invests your spare change. Good for young investors to get into the habit... |
| Visit Site | Visit Site | |
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 11/29/2024. | ||
$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
Which is Better: Morningstar or Acorns?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Morningstar or Seeking Alpha.
In short: Acorns' mobile app and ease of use are notable. In particular, the ease of use is outstanding.
Articles on Morningstar
Morningstar Investor Review
Is Morningstar Investor Worth It
Morningstar Costs
Articles on Acorns
Acorns
Apps Like Acorns
Is Acorns Safe
How to Make Money Using Acorns
Comments
Olivia Tabor from Texas
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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