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Acorns vs eToro

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 eToro? 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 eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with staking rewards on a few coins. Their fees are moderate compared to other exchanges.

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

 AcornseToro
 Visit SiteVisit Site
 

Acorns

eToro

SPECIAL OFFER
$10 Investment Bonus - Learn More

Read Acorns Review

OFFER
Deposit $100 and Get $10 - Learn More

Read eToro Review

 

Benefits and Features

Savings
No
 
Stock TradingPart of service fee. No add-on trading fees.
$0; 2000+ stocks & ETFs
Options Trading
No
 
Annual Fee
  • $3/mo for Acorns Personal (includes personal taxable account, IRA, and checking account)
  • $5/mo for Acorns Family (includes everything in Personal plus investment accounts for kids)
 
Cryptocurrency Trading
No
 
Minimum Deposit
$0
$10 ($200 to start copy trading)
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 
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 Personal ($3/mo). Free metal debit card, no minimum balance, no overdraft fees, and 55,000+ fee-free ATMs nationwide. 
Mobile App
Yes
Yes
Two-Factor Authentication
Yes
SMS
Locations
No
 
Online Community
No
 
Seminars
No
 
Stake Crypto 
ADA, TRX, ETH
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

 AcornseToro
Annual FeeStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarHalf StarStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarHalf StarEmpty Star
Cryptocurrency TradingStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarEmpty Star
ResearchStarStarStarStarStar
SafetyStarStarStarStarEmpty Star
Pros & ConsPros:
  • No minimum investment
  • Invest with spare change
  • Cash-back program
Cons:
  • Fees are high for small balances
  • No tax benefits
  • Limited investment options
Pros:
  • Copy actions of top traders
  • Virtual practice account
Cons:
  • Slow customer service response time
Bottom LineInvestment app that automatically invests your spare change. Good for young investors to get into the habit... Read full reviewGood crypto exchange for learning, socializing and copy-trading... Read full review
 Visit SiteVisit 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 09/28/2020.

eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

Acorns

$10 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

$5 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
eToro

Deposit $100 and Get $10

Expires 12/31/2023
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
  3. Explore stocks, ETFs, and crypto
You'll automatically receive $10 directly to your account balance. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
eToro

Buy $100 in Crypto and Get $10 Bonus

For a limited time, you can get $10 when you invest in $100 worth of crypto on eToro. Here's how:
  1. Sign up for an eToro account
  2. Deposit funds
  3. Invest in $100 worth of crypto
You'll automatically receive $10 directly to your account balance. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
eToro

Invest $500 in Crypto Smart Portfolio and Get $50 Bonus

For a limited time, you can get $50 from eToro when you sign up for eToro and invest $500 in any of their crypto Smart Portfolios. There are no hidden charges and no management fees. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.

Which is Better: Acorns or eToro?

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

In short: Acorns' mobile app and ease of use are notable. In particular, the ease of use is outstanding.


Articles on Acorns

Acorn Investing

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

Is Acorns 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 eToro

eToro Review

eToro is a cryptocurrency trading platform known for its popular CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms.

How To Delete an eToro Account

Want to close your eToro account? How can you do it? What does it cost? Follow this step-by-step guide to delete your eToro account.

Best eToro Traders

You can copy experienced traders on eToro. But there are so many to choose from. Who are the best eToro traders to follow? Read the full review.

eToro Withdraw Guide

Trading on eToro, but not sure how to make withdrawals? Are there fees or restrictions? Read this eToro withdrawal guide to answer your questions.

How eToro Copy Works

You've probably heard of eToro's popular CopyTrader feature. But how does copying work on eToro? Read on to find out.

How eToro Makes Money

eToro is a popular mainstream platform for trading stocks, crypto, and more. But how does eToro make money? Keep reading to find out.

Buy Dogecoin with eToro

eToro is a mainstream platform for trading crypto and stocks. But how exactly do you buy Dogecoin with eToro? Keep reading to find out all you need to know.

How to Buy Bitcoin on eToro

eToro is a popular platform for trading stocks and crypto. But how exactly do you buy Bitcoin with eToro? Read on to learn all you need to know.

Is eToro Safe

eToro is a popular platform for trading stocks and cryptocurrency, known for its unique CopyTrading feature. But is it safe and legit? Read on to find out.

eToro Alternatives

eToro is a popular cryptocurrency trading app known for its CopyTrading feature. But it isn't right for everyone. Find your best eToro alternative here.

Is eToro Good for Beginners

eToro, a popular cryptocurrency trading platform, lets you mimic other traders with their CopyTrading feature. But is it good for beginners?

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