Acorns is a US-based investment platform launched in 2012. This SEC-registered firm aims to make investing more accessible for anyone looking to start small, catering to a range of savings goals. With over 9 million clients, the firm has earned a strong reputation and is backed by a number of well-known investors and economists.
Revolut is a popular financial app that also offers trading on stocks, metals and digital currencies. The brand has over 25 million users worldwide with a choice of accounts, tools and services to suit different needs and budgets, including online investing and currency exchange.
Bonus Offer
$5
Comment by Reviewer
"Acorns will meet the needs of US traders looking for flexible investment portfolios with simple flat fees and low entry requirements."
"Revolut is suitable for casual stock traders looking for an easy-to-use app with transparent fees and a low minimum investment."
Pros
Acorns Visa debit card included with all subscriptions plus a banking and investing app
Earn bonus investments from popular brands when you shop their offers using your Acorns card
Strong regulation from the SEC and membership with FINRA/SIPC, plus FDIC insurance up to $250,000
Flat $3 monthly fee, plus no hidden charges, minimum balance fees or overdraft penalties
Five risk levels from Conservative to Aggressive and a range of savings accounts
Bitcoin-linked ETF offering exposure without owning BTC
Welcome bonuses and financial incentives
Multiple deposit and withdrawal options including wire transfer
Good range of account types with different perks and fees
Secure trading environment & login protocols
Beginner-friendly mobile investing application
No commissions or custody fees on stocks
Send money to 200+ countries
Straightforward joining process
24/7 live chat support
No inactivity charge
Cons
Cannot manually change or choose investments
Narrow choice of trading instruments with no forex
Monthly fee might be high for those with smaller balances
Invest in 100+ crypto tokens using 30+ fiat currencies. You can buy, sell and transfer cryptos on the iOS and Android app. We like that traders can also choose to round up leftover cash from card transactions in crypto and use their crypto balance to make card payments.
