The best time to get started with the stock market is as soon as possible, so what are you waiting for?

Oh yea, that’s right… you need an investing app…

Well, you came to the right place!

Today we’re going to compare Robinhood with Acorns and help you figure out which of these easy to use investing apps is best for you.

Which investing app is best, Robinhood or Acorns?

Robinhood

4.5/5
Services 90%
Simplicity 95%
Sign-ups 85%
Stock Research 85%
Store Rating 90%

Acorns

4.4/5
Services 80%
Simplicity 100%
Sign-ups 90%
Stock Research 75%
Store Rating 90%
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Both of these investing apps are great, but each one is definitely better for certain things.

Robinhood is more suited for people who are looking to actively invest and pick their own stocks, options, ETFs, etc…

Acorns is made for passive investors, and it does a better job at providing a really passive investing experience than Robinhood does, or any other investing app for that matter.

Robinhood is free, while Acorns has a small monthly fee, so that’s one thing to also consider.

You can’t really go wrong with either one of these apps though, both of them are high-quality and will help you make your money work for you.

 

Best services and features: Robinhood or Acorns?

Robinhood Services 90%
Acorns Services 80%

Here’s a comparison of the services and features that both Robinhood and Acorns offer.

If you have any questions about any specific features, make sure you leave them in the comments at the bottom of the page.

Robinhood FeaturesFree AccountPremium AccountAcorns FeaturesFree AccountPremium Account
Monthly Fee$0$5 per monthMonthly FeeN/A$1/$3/$5 per month
Minimum Balance$0$0Minimum BalanceN/A$0
Instant DepositsUp to $1000$5k-$50kInstant DepositsN/Ainvesting apps feature no
Automatic Depositsinvestment app feature yesinvestment app feature yesAutomatic DepositsN/Ainvestment app feature yes
Stocksinvestment app feature yesinvestment app feature yesStocksN/Ainvesting apps feature no
ETFsinvestment app feature yesinvestment app feature yesETFsN/Ainvestment app feature yes
Optionsinvestment app feature yesinvestment app feature yesOptionsN/Ainvesting apps feature no
Cryptocurrencyinvestment app feature yesinvestment app feature yesCryptocurrencyN/Ainvesting apps feature no
Fractional Sharesinvestment app feature yesinvestment app feature yesFractional SharesN/Ainvestment app feature yes
DRIP/FRIPinvestment app feature yesinvestment app feature yesDRIP/FRIPN/Ainvestment app feature yes
Bondsinvesting apps feature noinvesting apps feature noBondsN/Ainvesting apps feature no
Mutual Fundsinvesting apps feature noinvesting apps feature noMutual FundsN/Ainvesting apps feature no
Paper Tradinginvesting apps feature noinvesting apps feature noPaper TradingN/Ainvesting apps feature no
Margin Accountsinvestment app feature yesinvestment app feature yesMargin AccountsN/Ainvesting apps feature no
Retirement Accountsinvesting apps feature noinvesting apps feature noRetirement AccountsN/Ainvestment app feature yes
Banking Servicesinvestment app feature yesinvestment app feature yesBanking ServicesN/Ainvestment app feature yes
Human Advisorsinvesting apps feature noinvesting apps feature noHuman AdvisorsN/Ainvesting apps feature no
Robo Advisorsinvesting apps feature noinvesting apps feature noRobo AdvisorsN/Ainvestment app feature yes
Stock Screenersinvesting apps feature noinvesting apps feature noStock ScreenersN/Ainvesting apps feature no
Level 2 Market Datainvesting apps feature noinvestment app feature yesLevel 2 Market DataN/Ainvesting apps feature no
Otherinvesting apps feature noinvesting apps feature noOtherN/ARound-ups

Which app has the best services and features, Robinhood or Acorns?

Acorns is a great app, but technically speaking, Robinhood has more features and a better overall service.

It’s also free, which is hard to beat, although Acorns’ monthly fees are very tiny. ($1-$5 a month)

Which investing app is easiest to use, Robinhood or Acorns?

Robinhood Simplicity 95%
Acorns Simplicity 100%

How simple is Robinhood to use?

robinhood easy investing

Robinhood is really easy to use and is a wonderful feeling app to invest with.

I’ve never had any problems with it and everything is really intuitive.

I can definitely see why a lot of new investors end up picking robinhood, because it combines a good mix of active investing with easy to understand functionality.

Is Acorns simple to use?

acorns easy investing

The only way to make Acorns any more simple is to have the company send you money to invest so you can skip that part of the process too.

This app just asks you a few questions about your financial situation and your risk tolerance, then chooses what to invest your money into.

Or you can manually choose which fund you want to invest in at any time.

Which investing app is easiest to use?

Acorns always wins this category, and it deserves it. It’s the one thing Acorns does REALLY well.

Robinhood is one of the easier active investing apps around though, so if you want to be more hands-on with your investing, check it out.

Robinhood and Acorns sign-up and referral reward programs

Robinhood Sign-up and Referrals 85%
Acorns Sign-up and Referrals 90%

A free share of stock for signing up with Robinhood is what started this whole website, and guess what?

They are still giving out stocks!

Here are some more details about the Robinhood and Acorns referral programs.

Robinhood sign-up and referral program

The Robinhood sign-up and referral bonus is still the same as it has been ever since I started using this app…

Every new user gets a free share of a random stock, worth between $2-$200.

Every new user you invite who opens an account will also earn you a free share of a random stock, with a maximum of $500 per year.

Acorns sign-up and referral program

Acorns is pretty much always running amazing referral promotions where you can earn hundreds of dollars by inviting a few people within a month.

Their regular sign-up and referral bonus is only $5 when you sign up and deposit $5, but if you’re also completing the promotion offers, you can make some serious cash from Acorns, without even having to invest.

Best sign-up and referral program?

Both of these investing apps have pretty solid referral programs and bonuses, but Acorns wins here simply because of their amazing promotions.

It’s not THAT hard to get 4 people to sign up for a service in a month and a few hundred dollars is a lot of money.

Robinhood and Acorns stock research tools

Robinhood Stock Research 85%
Acorns Stock Research 75%

Robinhood stock research tools

robinhood research tools

Robinhood really only has candlestick charts and basic line graphs, as well as some other basic information about companies, like p/e ratio, dividend yield, market cap, etc…

Their tools aren’t the best on the planet, and to get access to level 2 market data you have to be a Robinhood Gold subscriber, but overall the tool are decent enough for a mobile investing app.

If you want REALLY GOOD tools, then you may want to try an app like Webull instead, because most of the other investing apps don’t have powerful technical analysis tools, unless you’re using apps from the professional trading platforms.

Acorns stock research tools

Acorns doesn’t exactly have the traditional technical analysis tools like some of the other investing apps do.

Instead, Acorns just has different funds for different types of investors, and the robo-advisor picks one for you, or you can pick one manually.

It’s super simple and doesn’t require tools, but they do show a breakdown of what each fund is made up of.

Best stock research tools, Robinhood or Acorns?

Well, Robinhood has actual tools, so it kind of wins by default, but Acorns doesn’t exactly need stock research tools, so cut Acorns some slack.

Both of these apps are solid, and the tools they offer investors are great for what each app does.

 

Which investment app do you think is best, Robinhood or Acorns?

Do you prefer Robinhood or do you like Acorns better?

None of the above?

Let us know! Your opinion matters and helps us provide better investment app reviews to other people.

Thank you for reading have a wonderful day!