Getting started with Acorns investment app

It is surprisingly easy to get started with Acorns investment app.

If you haven't joined already, you can get $5 free from Acorns here. You can only get the $5 free using the promotional invitation code above.

What to expect during the registration process
During the registration process, you will need to submit your legal name, email address (use your .edu email and get free access til you reach 24), primary phone number, home address, and social security number (Patriot Act). In addition, you will also need to add PIN as an added protection.

The registration process is less than five minutes.

After registration, you will then add your checking account and round up account. The checking account funds your investments. All withdrawals are sent to this account as well. Note that changing the funding source may delay a withdrawal as the new funding source must be verified. The round up accounts track your spending for Round-Ups. The funds for Round-Ups come from the bank account connected on the Checking tab.

Acorns app approval

Acorns does reserve the right to approve or deny account accounts. After submitting my application, I was approved for an account in 17 minutes.

You then fund your account for less than $5. It takes 1-3 business days for the funds to clear and be ready for investment.

Before you get a full access, they will need to verify your account. They will use the information provided on the application and checking account to verify the account. This is in line with the Patriot Act. Verification should take less than 3 business days.

Diversified Portfolios
The fun part of Acorns investment app is choosing among the 5 portfolios.

Aggressive offers the most capital appreciation with major risk.

Moderately Aggressive offers capital growth with risk.

Moderate offers capital growth with safety cushion.

Moderately Conservative offers safe investment with steady income coming in.

Conservative offers safe and sound investment.

Acorns investment app excels in ease of registration process, diversified portfolios, and low cost. New investors are provided with great platform to start.

Always remember, always do your own due diligence.