Acorns vs Fidelity Investments

Struggling to choose between Acorns and Fidelity Investments? Both products offer unique advantages, making it a tough decision.

Acorns is a Finance solution with tags like microinvesting, spare-change, index-funds, diversified-portfolio.

It boasts features such as Round-up spare change, Automated investing, ETFs and index funds, Goal-based investing, Found Money cashback rewards, Acorns Spend debit card, Acorns Later retirement accounts and pros including Easy way to invest small amounts, Hands-off approach, Low fees, Educational resources.

On the other hand, Fidelity Investments is a Business & Commerce product tagged with investing, trading, stocks, mutual-funds, retirement.

Its standout features include Brokerage services, Retirement planning tools, Wealth management services, Mutual fund trading, Mobile app for account management, Research and analysis tools, Educational resources, and it shines with pros like Wide range of financial services, Extensive research and analysis tools, Reliable and reputable brand, User-friendly mobile app, Retirement planning resources.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Acorns

Acorns

Acorns is a micro-investing app that allows users to invest their spare change from everyday purchases. It automatically invests small amounts into a diversified portfolio of index funds to grow users' money over time.

Categories:
microinvesting spare-change index-funds diversified-portfolio

Acorns Features

  1. Round-up spare change
  2. Automated investing
  3. ETFs and index funds
  4. Goal-based investing
  5. Found Money cashback rewards
  6. Acorns Spend debit card
  7. Acorns Later retirement accounts

Pricing

  • Free
  • Freemium
  • Subscription-Based

Pros

Easy way to invest small amounts

Hands-off approach

Low fees

Educational resources

Cons

Limited investment options

No control over specific investments

Requires linking bank account

Monthly fee for higher tiers


Fidelity Investments

Fidelity Investments

Fidelity Investments is a financial services company offering retail brokerage services, retirement products, wealth management services, and more. Founded in 1946, Fidelity is one of the largest mutual fund and financial services groups in the world.

Categories:
investing trading stocks mutual-funds retirement

Fidelity Investments Features

  1. Brokerage services
  2. Retirement planning tools
  3. Wealth management services
  4. Mutual fund trading
  5. Mobile app for account management
  6. Research and analysis tools
  7. Educational resources

Pricing

  • Subscription-Based

Pros

Wide range of financial services

Extensive research and analysis tools

Reliable and reputable brand

User-friendly mobile app

Retirement planning resources

Cons

Fees can be higher than some competitors

Limited customization options

Complex website navigation for some users