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Brokerage Account Review🪙 Best for Spare-Change Investing

Acorns

Acorns Grow Incorporated

Stock trades $0 (included in subscription plan). Beginners who want to invest spare change automatically without actively managing trades.

At a Glance

Stock Trades

$0 (included in subscription plan)

Options Trades

Not supported

Min. Deposit

$0

Research Tools

Basic

Fractional Shares

Yes

Crypto Trading

No

Rates & Fees

Stock Trades

$0 (included in subscription plan)

Options Trades

Not supported

Min. Deposit

$0

Account/Inactivity Fee

$3–$12/month depending on plan tier

Full Transfer-Out Fee

$50 for a full account transfer

Key Features

Round-Ups® automatically invests spare change from linked card purchases

Pre-built diversified portfolios based on risk tolerance

Acorns Later adds retirement account options; Acorns Early adds custodial accounts for kids

Pros & Cons

Pros

  • Round-Ups make investing automatic and nearly effortless
  • Simple, beginner-friendly portfolio selection
  • Bundled plans include retirement and custodial account options

Tradeoffs

  • Flat monthly fee can be a high percentage of cost for very small balances
  • No self-directed individual stock picking
  • No options or margin trading

Best for: Beginners who want to invest spare change automatically without actively managing trades

How to Apply

Decide which account type fits your goal — Acorns Grow Incorporated offers Individual (Acorns Invest), Roth IRA, Traditional IRA, and more.

Have your Social Security number, employment information, and a funding source (bank account or transfer) ready.

Open the account directly on Acorns Grow Incorporated's site or app; identity verification is required by federal law for all brokerages.

Fund the account with any amount — this broker has no minimum deposit requirement.

Review commission schedules and any account fees before placing your first trade.

How It Compares

Current product highlighted
ProductStock TradesOptions TradesMin. Deposit
Acorns$0 (included in subscription plan)Not supported$0
Fidelity Investments$0$0.65/contract$0
Charles Schwab$0$0.65/contract$0
E*TRADE$0$0.65/contract ($0.50 for 30+ trades/qtr)$0

Frequently Asked Questions

Does Acorns Grow Incorporated charge fees to trade stocks?

Acorns Grow Incorporated's stock trade commission is "$0 (included in subscription plan)." Options trades are priced at Not supported, and other fees (like broker-assisted trades or account transfers) can still apply.

What's the minimum deposit for Acorns Grow Incorporated?

Acorns Grow Incorporated doesn't require a minimum deposit to open an account, so you can start with any amount.

Can I trade fractional shares and crypto with Acorns Grow Incorporated?

Acorns Grow Incorporated supports fractional shares, and does not offer direct crypto trading.

Are there any ongoing or account-closing fees with Acorns Grow Incorporated?

Account/inactivity fee: $3–$12/month depending on plan tier. Fee to transfer your full account to another broker: $50 for a full account transfer. Transfer-out fees are common industry-wide and are charged by the broker you're leaving, not the one you're moving to.

How does Acorns Grow Incorporated compare to other brokerages?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of brokerage accounts to compare commissions, minimums, and platform features.

Other Brokerage Accounts

Fidelity Investments

Stock trades: $0

Charles Schwab

Stock trades: $0

E*TRADE

Stock trades: $0

Fees and features shown are illustrative as of 2026 and subject to change — always confirm current terms directly with the broker before opening an account.

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