Apps like Acorns and better Acorns alternatives are all listed here. If you are searching for other popular Apps like Acorns, you have come to the right place.
What acorn is all about?
Most people find it difficult to make savings or invest their money into anything because releasing money just for savings is a bit hard for them. This led to the introduction of an app called Acorn.
Acorn is an app that will allow you to make little investments without you even feeling it and thereby saving your money in return.
To make it work, first of all, you download the app to your phone and link it with the accounts and cards you always use for your online purchases. Then it helps approximate your purchases to the nearest dollar, for example, it takes $3for a purchase of $2.50, it invests the other $0.50. Finally, this invested money keeps building up until it becomes a significant amount but acorn takes the interest on this savings as their service fees while you end up making savings without even knowing.
Students can benefit from this app as well because registration for them is free as far as they possess a ‘.edu’ email address.
Subsequently, there are other apps which offer similar services like acorn by helping you save those little cash.
10 Investment apps like to acorns
Here are list of other sites that offers the same investment services just like acorn.
- JStock
Jstock is a stock investment app that keeps a detailed account of your stocks for as long as 10 years. About 34 stock markets are accessible through this app and also the app comprises of good unique features which can evaluate and organize your stocks.
Data provided to you by this app relating to your stock history can help you make better stock investment decision. This app is compatible in smartphones, iOS, android and also functions in about 36 countries
For help or inquiries, you can contact them easily through their Jstock Facebook page or send an email to yccheok@yahoo.com. You can as well learn more about them through their Frequently Asked Question page on their site https://jstock.org
- Digits
Digits is an investment app just like acorn which assists you in saving money by gradually withdrawing money from your account to save after giving your account an extensive study of your time to time purchases and income. Although Digits only removes insignificant amount of money from your accounts, you will be surprised how tangible it will become when you check back your digit account after some weeks hereby saving a great deal.
Transactions in digits are free because both the app and transfer fees are totally free as you only have to message Digit whenever you need your savings and you’ll have it back in your normal account in no time.
Some added advantage of this app is that your funds is insured up to $250,000 using the FDIC-insured banks with a highly secured 128-bit SSL encryption technology available for protection. Also you receive about 1% annual interest paid direct to your account on every 3rd month. All you have to do is to download the app, connect the two accounts, that is your digit account and normal account and allow digit to save your account which will always be available for you to access.
You can log on to https://digit.co to visit their official site
- Openfolio
Openfolio is a 2014 financial and investment app by Hart Lambur which enables their users to disclose their investment portfolio details. The app is dedicated to track your finance and budget making you spend wiser.
They help people advance in their portfolio performance by using these information shared by investors to educate other investors and help them better money saving decisions. All you have to do is to just connect your brokerage and retirement account to your openfolio app and allow it to track your performance.
Their headquarters is located in New York City, New York and URL address is https://openfolio.com .
- MyStocks
This is among the recent investment app which helps investors take a more appropriate investment decision by keep them informed with accurate and current information on market stock.
The app is available both free version and pro version for $2.99 and also contains many features which helps to give pre-trade, post-trade, financial market, historical data analysis as well as currency exchange and more.
Their main office is located on the 6th Floor, Phoenix House, Kenyatta Avenue, P. O. Box 5820 – 00100 (GPO), Nairobi. You can contact them using their number +254 20 2113163 or visit them using their website address link https://live.mystocks.co.ke/
- Forcerank
Forcerank is an investment app basically meant to set competitions and test your trading capabilities. It was established in the year 2016 by Leigh Drogen for majorly iOS users. This app forces you to predict the final outcome of stocks in a stock contest and points will be given to you for making the right predictions.
These points will then be converted to prizes which are won on quarterly basis by the user with the highest point. Top performers tend to pay fees ranging from $5 to $25 dollars as entry fee. Ranking with this app helps you develop and improve on your investor strategies and reputation.
Their headquarters is located at 43 West 24th, 7th floor, New York, New York 10010 and you can either call them on 1 (800) 626-8105, email them using support@forcerank.com, or visit their website http://www.forcerank.com for more inquiries.
- Wealthfront
Wealthfront his is an online financial advisor established in the year 2011 by Dr Burton Malkiel and Dan Carrol. It is registered with the Securities and Exchange Commission pursuant to the Investment Advisers Act of 1940. It provides low cost investment options and offers opportunities to newbie and inactive investors to get involved in different investment portfolios provided by this online investment guru. However investors with large taxable portfolios are not left out of this scheme.
The requirement to participate in this online platform is not an onerous one. It is easy to set up (an account can be setup within 5 minutes) and it requires a petty financial deposit of $500 dollar to startup an account. Another enticing feature inherent therein is that the first $10,000 deposit is managed without any charge. Also additional $5,000 can be managed without any fee when a referred friend opens an account and makes deposit. Aside from the first $10,000 which is free, wealthfront charges 0.25% of total deposit as its monthly charge.
Wealthfront can be accessed via its website at www.wealthfront.comor mobile application.
It provides customer support which entails: 24/7 email support and phone support (except on weekends) with experienced staff that attends to the various issues encountered by customers
- FeeX
Feex is a financial industry by Yoav Zurel that helps you track your expenses. This free site helps you track how you spend your money and will make you spend wisely.
To use FeeX, all you have to do is to sign up on FeeX, connect FeeX to your retirement and trading accounts and allow their technology to track your expenses by telling you if they are normal, high or low.
FeeX can also help you save some money by money by advising you to rollover your former 401 (k) plan to an IRA which is not stressful. This helps people reduce their expenses up to about 85%.
Their office is located at 205 E 42nd Street 17th Floor New York, NY 10017. Feel free to visit their site on https://www.feex.com or send emails to partnerships@feex.com to partner with them or press@feex.com for media inquiries.
- Betterment
Betterment is a giant industry in the area of automated investment services. It stands out amongst other robo-advisor industries because of the lucrative packages it avails its customers. It is a member of Securities Investor Protection Corporation. With a system built for better returns, this platform creates an atmosphere conducive for investment with low taxes, low fees, diversified portfolios etc. its licensed experts and technology are dedicated to guarantee returns on monies invested based on the risk tolerance and investment goals of an investor.
Its investments are packaged in two plan options. That is betterment digital, which attracts about 0.25% account management fee and betterment premium, which attracts about 0.40% account management fee. It is also worthy to note that the minimum sum for better digital plan is $0 while that of better premium is $100,000. Also all account holders in this robo-industry enjoy automatic rebalancing without any charge.
Betterment provides a unique customer support which includes; phone support, email support, live chat, in-app consultation with an expert.
Betterment can be accessed via its website at www.betterment.com
- Thinkorswim
Thinkorswim is the best advanced trading and investment platform which came into business in the year 1983 and was later acquired by TD Ameritrade in 2009. This app allows investors and brokers to always be informed on current market using its wonderful features which allows you to make a conversation with traders using their live chat features on their site, being notified on your mobile devices and allowing access to their thinkMoney magazine.
You can make trade with them by either logging in directly on their online platform, or directly from your laptop using Thunderdesktop. This apps makes trading possible for different categories of traders which includes Future traders, active traders, pair traders and forex traders as well as allowing them to duplicate trades, check their risks and odd analysis too.
Their headquarters is located in New York but also have offices in other location like Chicago, IL, Draper, UT, and Palo Alto, CA. You can contact them through email using support@thinkorswim.com, visit their site on https://www.thinkorswim.comor call the on 866-839-1100 for more inquires
- StockTwits
StockTwits “cash tags” is a social, financial and interactive platform where investors, great finance and analysts reach out to acquire new ideas, insights and information concerning investments and its management. This platform was founded by Howard Lindzon and Soren Macbeth in the year 2008 and has their headquarters New York as well as United States.
StockTwits as a financial and communication platform has its main objective on investment and have provided their clients with ideas on how to save money through investments as well as qualified staff and standard technology which helps to filter out spam messages to enable its clients receive qualityi nformation..
StockTwits have over 40million clients all over the world and makes it a coherent link for financial sites such as bring.com, Can money, and yahoo.com making it easier for clients to receive information.
Conclusion
To make savings is quite a mature thought but most times, accomplishing it is quite difficult. Most times, it’s hard to release money for savings when you must have done major expenses for the month. These financial apps listed above came about just to aid you in making the hard decisions by making saving easy for you.
Therefore, it is advised to you should just have one of these afore-mentioned apps in your devices or phones to enable you make savings for your retirement and emergencies. And also raise your standards in stock markets as well as control expenses and budget wisely.