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GROUNDFLOOR vs Acorns

GROUNDFLOOR is a crowdfunding platform for passive investors looking for short-term real estate debt investments. How does it compare to Acorns? Read our comparison chart below.

 GROUNDFLOORAcorns
 Visit SiteVisit Site
 

GROUNDFLOOR

Acorns

SPECIAL OFFER
Invest in Real Estate with $10 - Learn More

Read GROUNDFLOOR Review

SPECIAL OFFER
$20 Investment Bonus - Learn More

Read Acorns Review

 

Benefits and Features

Savings 
No
Stock Trading Part of service fee. No add-on trading fees.
Options Trading 
No
Annual Fee
$0
  • Acorns Personal ($3/mo) - includes personal taxable account, IRA, and checking account
  • Acorns Personal Plus ($5/mo) - includes everything in Personal, emergency fund, and 25% match on rewards
  • Acorns Premium ($9/mo) - includes everything in Personal Plus, investment accounts for kids, 50% match on rewards, custom portfolio, Trust & Will, $10K Life Insurance, and free GoHenry account
Cryptocurrency Trading 
No
Minimum Deposit
$10
$0
Checking 
Yes
Mutual Fund Trading 
No
Commission Free ETFs A selection automatically chosen by Acorns
Phone Support
Yes
Yes
Live Chat Support
Yes
No
Email Support
Yes
Yes
Investment Types
Short-term real estate loans
 
Human Advisors 
No
Robo Advisor 
Yes
Accredited Investor Requirements
None
 
Assets Under Management 
$4.7 Billion
Minimum Investment
$10
 
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
Monthly
 
Investment Period
12 to 18 months
 
Locations 
No
Online Community 
No
Seminars 
No
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

 GROUNDFLOORAcorns
Minimum DepositStarStarStarStarStarStarStarStarStarStar
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarEmpty StarStarStarStarStarStar
LiquidityStarStarStarEmpty StarEmpty Star
Annual FeeStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarHalf Star
Pros & ConsPros:
  • No investor fees
  • High historical returns
  • $10 minimum
Cons:
  • Risk of default
  • Debt investments only (no equity)
Pros:
  • No minimum to open account
  • Invest with spare change
  • Cash-back program
Cons:
  • Fees are high for small balances
  • No tax benefits
  • Limited investment options
Bottom LineCrowdfunding platform for passive investors looking for short-term real estate debt investments... Read full reviewInvestment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
 Visit SiteVisit Site
Terms Apply. Offering Circular 

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

GROUNDFLOOR: Investments carry risk and may lose value. Not an offer or solicitation to purchase securities. Please consult the Offering Circular and related SEC filings before making an investment decision.

Acorns: Pricing information from published website as of 09/28/2020.

GROUNDFLOOR

Invest in Real Estate with $10

The minimum investment amount is only $10. (Though most transfer $100 for better diversification; subsequent transfers can be for any amount)

  • Short-term real estate investments lasting just 12-18 months
  • Open to non-accredited investors
  • No investor fees
GROUNDFLOOR

Diversify Your Portfolio

With Groundfloor you can diversify your investment portfolio with real estate like a pro without needing to be a millionaire.

Acorns

$20 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

Which is Better: GROUNDFLOOR or Acorns?

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

In short: GROUNDFLOOR's customer service is worth mentioning. Acorns' ease of use is outstanding.


Articles on GROUNDFLOOR

Groundfloor Review

Groundfloor offers short-term real estate investments starting with just $10. With average returns over 10%, is it the right investment for you?

Articles on Acorns

Acorns 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 Legit or 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.

Comments

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