Acorns vs Nexo
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 Nexo? 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 Nexo is a crypto banking platform offering high interest rates on a variety of cryptocurrencies and stablecoins along with crypto-backed loans. Users can earn interest on EUR, GBP, and USD. They also have a limited exchange.
Compare Acorns with Nexo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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 | | |
Acorns | Nexo | |
|---|---|---|
$10 Sign-Up Bonus - | Welcome Bonus: Deposit $1000 and Get $100 in BTC - | |
Benefits and Features | ||
| Savings | ||
| Stock Trading | Part of service fee. No add-on trading fees. | |
| Options Trading | ||
| Annual Fee |
| |
| 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 | ||
| Bitcoin (BTC) Interest Rates | ||
| 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 | ||
| Ethereum (ETH) Interest Rates | ||
| iPhone App | ||
| Android App | ||
| Litecoin (LTC) Interest Rates | ||
| Tether (USDT) Interest Rates | ||
| USD Coin (USDC) Interest Rates | ||
| 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 | ||
| Two-Factor Authentication | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
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| Annual Fee |   | |
| Minimum Deposit | | |
| Customer Service | | |
| Mobile App |  | |
| Ease of Use | | |
| Interest Accounts | | |
| Commissions and Fees | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Investment app that automatically invests your spare change. Good for young investors to get into the habit... | Safe way to earn interest on crypto assets... |
| | |
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. Nexo: Pricing information from published website as of 01/26/2022. Nexo Earn Interest is not available in the United States. | ||
Welcome Bonus: Deposit $1000 and Get $100 in BTC
Sign up for a new Nexo account, and make a top-up of at least $1,000.
Welcome Bonus: Deposit $100 and Get $10 in BTC
Sign up for a new Nexo account, and make a top-up of at least $100.
Which is Better: Acorns or Nexo?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Acorns or Ally Invest.
Articles on Acorns
Acorn App
Is Acorns Safe
How to Make Money Using Acorns
Articles on Nexo
Nexo Review
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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