Acorns
Acorns has management fees of $1 a month to utilize their app and the varying services that come with it.
Fees
Acorns requires no account minimum to keep an account open; however, you will need $5 to begin investing and purchasing stock options.
Acount Minimums
Acorns is designed to save for you by rounding up your purchases to the nearest dollar and utilizes computer-managed investment. Because of this, Acorns is designed for beginners and very easy to use.
Ease of Use
Acorns is currently running a promotion for college students. College students can receive 4 years of free management with no fees.
Promotions
How to use
Bottom Line
Acorns is designed to round up any purchases to the nearest dollar on a linked debit or credit card. This spare change is then put into a computer-managed investment portfolio. Because of this, Acorns is best for anyone with limited knowledge of investing or anyone that struggles to save on their own. Unfortunately, there is a fee of $1 a month for taxable investment accounts.