On its website, the company explainsВ that вЂњcurrently, Acorns is only available to residents of the United States and Australia. You may want to take a deeper dive on roboadvisors, but suffice it to say that generally, roboadvisors like Acorns try to keep fees low through passive investing, that is, investing their clients funds in low-fee ETFs that seek to mirror and match the returns of a sector or index like the S&P 500, an index of the 500 most highly valued companies listed on American stock exchanges.ДЄcorns distinguished itself in the field of roboadvisors by offering a feature that allows clients to link both debit and credit cards to an account and round up to the nearest dollar any transaction and invest that spare change in a pre-chosen portfolio of ETFs.ДЄcorns is a FINRA-approved broker dealer and in July 2018, company CEO Noah Kerner announcedВ the company had over 1 billion under management and 3.7 million users of its app.ДЄcorns is not available in Canada at this time.

Its mobile app debuted in 2014.ДЄcorns is a roboadvisor, meaning that when you invest with the company, your money isnвЂ™t managed on the day to day by humans but rather by a computer algorithm. Acorns is an Irvine, California based tech startup founded in 2012 by father and son team Jeff and Walter Cruttenden. What is Acorns and is it available in Canada?Д¬onsidering that you made it this far, we imagine youвЂ™ve probably already got a pretty good inkling of what Acorns is, so weвЂ™ll make it quick. Start with as little as a dollar and weвЂ™ll build you a personalized investment portfolio to grow your wealth. Get a $50 cash bonus when you sign up to Wealthsimple Invest. One note of disambiguation: Acorn TV, the subscription streaming service that specializes in British programming, is indeed available in CanadaВ so if you like all your cop shows to feature a broad range of London accents, youвЂ™re in luck. Sorry to disappoint, but hereвЂ™s the short answer to your question: no, Acorns is not currently available in Canada. Oh, but youвЂ™re seeking Acorns, the roboadvisor and microinvesting service? In fact, acorns are one of the primary reasons you should never take a walk in the woods barefootвЂ“theyвЂ™re just about as pleasant to step on as a stray Lego.

Acorn app review