Acorns vs Masterworks

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 Masterworks? Read our comparison chart below.

	Acorns	Masterworks
	SPECIAL OFFER $10 Investment Bonus - Learn More Read Acorns Review	SPECIAL OFFER Earn Passive Income with Art - Learn More Read Masterworks Review
	Benefits and Features
Savings	No
Stock Trading	Part of service fee. No add-on trading fees.
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)	1.5% (plus 20% of future profits)
Cryptocurrency Trading	No
Minimum Deposit	$0	$500 - $1,000
Checking	Yes
Mutual Fund Trading	No
Commission Free ETFs	A selection automatically chosen by Acorns
Phone Support	Yes	Yes
Live Chat Support	No	No
Email Support	Yes	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 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	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	Included 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
Two-Factor Authentication	Yes
Dividends		N/A
Investment Period		3-10 years
Investment Types		Fine art
Locations	No
Online Community	No
Seminars	No
Virtual Trading	No
Wealth Requirements		None
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
Customer Service
Mobile App
Ease of Use
Commissions and Fees
Liquidity
Pros & Cons	Pros: No minimum investment Invest with spare change Cash-back program Cons: Fees are high for small balances No tax benefits Limited investment options	Pros: No accreditation required Secondary market to sell shares High historical returns Cons: Limited selection of artists Higher fees and commissions
Bottom Line	Investment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review	Unique platform to invest in fine art to diversify your portfolio... Read full review
	$10 Investment Bonus $5 Investment Bonus Try Acorns Today!	Earn Passive Income with Art
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.

$10 Investment Bonus

Get $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

$5 Investment Bonus

Get $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

Try Acorns Today!

Get Deal

Which is Better: Acorns or Masterworks?

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

In short: Acorns' minimum deposit and ease of use are outstanding. Masterworks' customer service is notable.

Articles on Acorns

Acorn App

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

• Acorns vs Stash
• Acorns vs Betterment
• Acorns vs Robinhood

Is Acorns Legit

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 Masterworks

Masterworks Review

Want to invest in a unique alternative asset class, normally reserved for the wealthy? Investing in art with Masterworks may be right for you.

• Masterworks vs Yieldstreet

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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