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Plynk Invest vs Acorns

Plynk Invest vs Acorns Comparison Table 2023
Plynk Invest Acorns
Review
3.3

Plynk Invest is #38 in our broker rankings.

Review
3.2

Acorns is #38 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Plynk Invest is an SEC-regulated mobile investment platform that provides zero-commission trading from $1 in a wide selection of stocks and ETFs. Plynk also provides a platform to buy and hold a range of cryptocurrencies.

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.

Bonus Offer
$10 Sign-Up Bonus $5
Comment by Reviewer
"Plynk will suit casual investors who want to make spare cash work for them by making streamlined, low-fee investments." "Acorns will meet the needs of US traders looking for flexible investment portfolios with simple flat fees and low entry requirements."
Pros
  • Easy-to-use app with no complex analysis features or terminology
  • Wealth of educational resources suitable for beginners
  • Commission-free stocks, ETFs and mutual funds
  • iOS and Android (APK) downloadable app
  • Low minimum deposit of $0
  • Regulated by SEC and FINRA
  • $10 to $20 sign up bonus
  • 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
Cons
  • Limited features for experienced investors
  • Forex, futures, and options trading not available
  • No live chat service or contact phone number
  • No desktop or webtrader compatibility
  • Limited deposit and withdrawal methods
  • Available to US citizens only
  • Bank wire transfer fees
  • No demo account
  • Cannot manually change or choose investments
  • Narrow choice of trading instruments with no forex
  • Monthly fee might be high for those with smaller balances
  • US clients accepted only
Instruments
Stocks, ETFs, Mutual Funds, Cryptos Stocks, ETFs
Demo Account
No No
Minimum Deposit
$0 $0
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 $5
Regulator
SEC, FINRA SEC, FINRA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
Cryptocurrency
Invest in BTC, LTC, BCH and ETH with low fees from $0.50 via Plynk's iOS and Android mobile app. On the negative side, the selection of cryptos does not match rivals with no emerging tokens and coins. Crypto trading not offered
Spread
$0.50 on trades
Coins
  • BTC
  • BCH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
More Comparisons
Plynk Invest
vs
 Acorns
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