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Broker Comparison

Acorns vs Davy Select

Compare Acorns and Davy Select 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
Davy Select

Davy Select

Irish self-directed investors

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regโ€ฆ

Head-to-head comparison

Acorns vs Davy Select
Feature Acorns Davy Select
Minimum deposit No minimum opening deposit or minimum balance required for Mighty Oak and Emergency Savings banking services -
Stock trading fee No commissions Irish and UK stocks: 0.5% (min EUR 14.99); International stocks: 0.06% + EUR 25 settlement per trade
Regulators SEC, FINRA CBI
Best for Hands-off investors who want automated ETF portfolios Irish self-directed investors
Markets & account
Stocks
ETFs
Bonds
Investment Plans
-
Ready Made Portfolios
-
Funds
-
Money Market Funds
-
Business 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
Davy Select

Davy Select

Pros

  • Regulated by the Central Bank of Ireland with long track record
  • Client funds held in segregated accounts
  • Access to over 7,500 stocks across 30 international markets
  • Over 650 ETFs and 1,200 funds available
  • Pension accounts (PRSA, ARF, PRB) offered on the same platform
  • No account opening fee and no deposit fee
  • Research tools powered by Morningstar and Thomson Reuters

Cons

  • High inactivity fee of EUR 50 per quarter
  • Irish and UK trade commissions of 0.5% are above the low-cost market average
  • EUR 40 custody charge per trade for instruments outside Ireland and UK
  • No demo account available
  • Mobile app is view-only - trades cannot be executed on mobile
  • Account opening process is not fully digital and can take several weeks
  • No CFDs, leverage, crypto or forex trading
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.

Davy Select

Davy Select

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regulated by the Central Bank of Ireland.

Your capital is at risk. Other fees apply.

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