Is The Acorns App Safe?

Acorns is serious about security. We’ve taken many steps to help keep your account and information protected when you create an account and use Acorns.

SIPC Protected Investment Accounts
Securities in your Acorns Invest and Later accounts are protected up to $500,000. For details, please see

FDIC Insured Acorns Checking Accounts
Deposits in your Acorns Checking account is insured up to at least $250,000. For details, please see

SSL Encryption
Our website and app are secured with 256-bit encryption. This means your personal and financial information can only be accessed by you and Acorns.

Account Alerts
We will alert you when we detect unusual account activity for protection against fraud.

Bank-Level Security
Multiple layers of security to safeguard your information, including secure servers.

Account Safeguards
Automatic logouts and ID verification help prevent unauthorized access.

Is Acorns A Scam?

Our mission is to look after the financial best interests of the up-and-coming. While Acorns can’t guarantee the performance of the stock market, there are some things that are certain.

When you invest with Acorns, your money is invested into an Acorns investment portfolio. A brief explanation of the investing process is available on the “how long does it take to invest money” page. You can also view how your investments are performing at any time in the “Performance” section of the mobile app or web app.

Securities in your investment accounts are SIPC-protected up to $500,000. Find out more about SIPC Protection.

Your checking account, Acorns Checking, is FDIC-insured up to $250,000.

You can withdraw available funds and / or close your Acorns account at any time. Withdrawals may take 3-6 business days. For a more detailed explanation, see the “how long does it take to withdraw money” page.

Lastly, Acorns does not store your bank login information on its servers. However, some of your personal information is necessary to begin investing. For instance, your social security information must be collected to meet regulatory requirements.

If you have more questions about security, please view our privacy policy or send us a message.

Is Acorns A Good Investment?

We believe that your future is a good investment, so it’s our mission to look after your financial best interests. That’s why we’ve created diversified portfolios designed to maximize potential reward for your given level of risk.

But with any investment, it’s important to do as much research as possible. An investment that’s right for one person might not be right for another. Before you begin investing with Acorns, it’s best to understand how it works.

Our portfolios, designed with help from Nobel Laureate in economics, Dr. Harry Markowitz, were specifically tailored with long-term investing in mind. For more information on Acorns portfolios, see the investments page. You can also view the prospectuses on this page.

Was this helpful?
Acorns Logo
Over 10 million sign ups
Get started Get the app