eToro vs Acorns
eToro is a good crypto exchange for learning, socializing and copy-trading. How does it compare to Acorns? Read our comparison chart below.
eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with high staking rewards on a few coins. Their fees are moderate compared to other exchanges.
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 eToro with Acorns, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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eToro | Acorns | |
|---|---|---|
Get $100,000 Virtual Portfolio to Experiment - | $10 Sign-Up Bonus - | |
Benefits and Features | ||
| Savings | ||
| Stock Trading | Part of service fee. No add-on trading fees. | |
| Options Trading | ||
| Annual Fee |
| |
| Cryptocurrency Trading | ||
| Minimum Deposit | $10 ($200 to start copy trading) | |
| 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 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 | ||
| Stake Crypto | ||
| 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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| Cryptocurrency Trading |    | |
| Interest Accounts | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Safety | | |
| Annual Fee | | |
| Minimum Deposit | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good crypto exchange for learning, socializing and copy-trading... | Investment app that automatically invests your spare change. Good for young investors to get into the habit... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. eToro: eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk. 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. | ||
Get $100,000 Virtual Portfolio to Experiment
eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
Trade $100 Get $10
eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
Trade Popular Cryptocurrencies
eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
Which is Better: eToro or Acorns?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing eToro or Ally Invest.
In short: Acorns' mobile app and ease of use are notable. In particular, the ease of use is outstanding.
Articles on eToro
eToro Review
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Is eToro Safe
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Is eToro Good for Beginners
Robinhood vs eToro
eToro vs Coinbase
Articles on Acorns
Acorn Investing
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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