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.
$10 Sign-Up Bonus
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."
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
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