Open New Acorns Account (2025)

How to create a Acorns brokerage account? How to sign up for a new Acorns account?

How to Open an Acorns Account

In this article, we’ll learn:

Multiple account types are available on the Acorns platform.
Acorns requires a valid U.S. address among other particulars to open an account.
An Acorns account can be opened on the company’s website or mobile app.

It’s not difficult to open an investment account at Acorns, although there are some important points to be aware of.

Requirements

Investors who want to open accounts with Acorns must meet the following non-negotiable rules:

Age of at least 18 (minors on custodial accounts can be younger than 18)
Have a valid ITIN (Individual Taxpayer Identification Number) or SSN (Social Security Number)
Legally reside in the United States

For the purposes of Acorns accounts, the U.S. means the 50 states, the District of Columbia, Puerto Rico, Guam, and the Virgin Islands. Notice that U.S. citizenship is not a requirement, but Acorns does not open any accounts for residents of foreign countries. And Acorns does have one exception for us here: servicemen in the U.S. military can open Acorns accounts while they are stationed overseas.

How to Open an Investment Account

It’s really easy to open an account with Acorns; simply , enter your email address, and click on the green button to get your $20 bonus. Yes, that’s right, if you sign up for Acorns right now and set up recurring investments of at least $5, Acorns will give you $20. Pretty sweet deal.

When you open an investment account at Acorns, you have to select a subscription plan. The plan you choose determines what types of accounts and services you’re eligible for. The Bronze plan, which is the most basic plan (at $3 per month), comes with:

Individual taxable investment account
Checking account
IRA (Roth, Traditional, and SEP)

There are no joint accounts at Acorns. The investment firm does offer custodial accounts, although a UTMA or UGMA account is only available on the Gold plan (at $12 per month). Obviously, if you want the custodial account, you need to choose the Gold plan. Otherwise, the Bronze plan will get you the accounts you want. Keep in mind that you may want to select the Silver or even the Gold plan anyway to snag some of Acorns’ higher-end services, such as life insurance and matches on IRA contributions.

acorns open account

Besides the website, Acorns’ mobile app can also be used to open a new account. Download the app and look for the link to open a new account.

Acorns does not offer any self-directed or full-service brokerage accounts at this time (although there is a feature to customize a robo account with individual stocks and ETFs). Everything is managed on a discretionary or non-discretionary basis. There are no accounts for cryptocurrencies, futures, or other investment vehicles.

Open Acorns Account

Visit Acorns Website

How to Open an Acorns IRA

Whichever plan you choose, you’ll initially be set up with the individual taxable robo account only. To get the IRA open, you’ll need to log into the website or mobile app and enable the retirement option. On the dashboard of either platform, mobile or web, you’ll see a purple button to “Set up” or “Activate.” Tap or click on this button and you’ll get a page to select the IRA you need (SEP, Traditional, or Roth). Go through the online questionnaire, and Acorns’ software will help you choose the right account.

How to Open a Checking Account

Same thing goes for the checking account; it’s not opened by default. Log into the same dashboard and find the purple button to enable it.

And here’s one more pointer: to get the checking option open, you do need to link an external bank account to your Acorns account. You can do this on the checking application if you haven’t hooked it up already. Go through the other fields and supply all requested details.

Acorns’ checking account comes with some nice perks, including early payday, real-time round ups, paycheck splitting, FDIC insurance, and a debit card from Visa. Gold customers get a Tungsten card with a laser-engraved signature. In all cases, Acorns offers fee-free ATM withdrawals at more than 55,000 Allpoint machines.

How to Open a Custodial Account

The custodial account also needs to be set up after the initial application. Acorns calls its custodial accounts Early Invest. Look for this icon on the dashboard or on the Investing section of the site. Remember that you will need to subscribe to the Gold plan to get this one open; if you didn’t initially subscribe to Gold, the Early Invest application will present that option for you.

Pricing

There are no account minimums at Acorns, although to get the $20 bonus mentioned above you do need to set up a recurring investment schedule of $5. The plans have the following monthly fees:

A Gold subscription does come with a large suite of benefits, so it may be worth it.