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Broker Comparison

Acorns vs EC Markets

Compare Acorns and EC Markets side by side: fees, regulation, platforms.

Acorns

Acorns

Hands-off investors who want automated ETF portfolios

Acorns is an automated saving and investing app with ETF portfolios, Round-Ups, retirement accounts, and pricโ€ฆ

VS
EC Markets

EC Markets

Active forex and CFD traders

EC Markets is a multi-regulated forex and CFD broker offering over 100 instruments across STD, ECN and PRO acโ€ฆ

Head-to-head comparison

Acorns vs EC Markets
Feature Acorns EC Markets
Minimum deposit No minimum opening deposit or minimum balance required for Mighty Oak and Emergency Savings banking services -
Stock trading fee No commissions -
Regulators SEC, FINRA FCA, ASIC, FSA, FSC, FMA, FSCA, CMA
Best for Hands-off investors who want automated ETF portfolios Active forex and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
-
Investment Plans
-
Ready Made Portfolios
-
Margin
-
Multi Currency
-
Demo Account
-

Pros & cons

Acorns

Acorns

Pros

  • Round-Ups invest spare change once it reaches at least $5
  • Automatic rebalancing keeps Base portfolio allocations on track
  • Dividends are automatically reinvested
  • No hidden costs, transaction fees, or commissions stated
  • Checking has no overdraft, maintenance, or AllPoint ATM fees
  • Gold adds individual stocks and ETFs to Custom Portfolios
  • SIPC protection up to $500,000 for Invest, Later and Early

Cons

  • Lowest listed subscription is $3/mo.
  • Gold costs $12/mo. for the full suite
  • Custom Portfolios are available only to Gold customers
  • Acorns Early Invest is a Gold subscription exclusive
  • Money Manager is available with Acorns Gold
  • No direct Bitcoin access; exposure is through BITO ETF
  • Investment products are not FDIC insured or bank guaranteed
EC Markets

EC Markets

Pros

  • Regulated by FCA (UK) and ASIC (Australia)
  • ECN spreads from 0.0 pips
  • Low ECN commission of $1.50 per lot per side
  • No inactivity fee
  • No deposit or withdrawal fees for most payment methods
  • Low minimum deposit of $10 on STD and ECN accounts
  • Supports MetaTrader 4 and MetaTrader 5
  • Free demo account available

Cons

  • No individual stock or ETF trading
  • No proprietary web trading platform
  • PRO account requires $5,000 minimum deposit
  • STD account spreads from 1.0 pip are wider than ECN
  • POLi deposits carry a 4% processing fee
  • Limited educational resources
  • USA, Canada and Japan residents not accepted
  • Crypto available as CFDs only - no direct ownership
Acorns

Acorns

Acorns is an automated saving and investing app with ETF portfolios, Round-Ups, retirement accounts, and pricing from $3/mo.

Your capital is at risk. Other fees apply.

EC Markets

EC Markets

EC Markets is a multi-regulated forex and CFD broker offering over 100 instruments across STD, ECN and PRO account types on MetaTrader 4 and MetaTrader 5.

Your capital is at risk. Other fees apply.

Not the right match?

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