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Acorns vs Loox

Acorns logo

Acorns

Software

Invest your spare change

From
On request
Rated
-
Full reviewWebsite
L

Loox

Software

Photo reviews and referrals for Shopify stores

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Acorns a flat monthly subscription regardless of balance, so $3 a month on Bronze is a heavy percentage on a small account; Loox beyond plan review volume, overage billing adds $40 to $50 per extra 300 orders processed

Where they differ

Only the attributes on which Acorns and Loox actually diverge.

Attributes where Acorns and Loox differ
AttributeAcornsLoox
Pricing modelsubscriptionusage-based
PlatformsWeb, IOS, AndroidWeb
Founded2012Unknown

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Acorns

  • Round-up investing
  • Automated investing
  • Portfolio management
  • Recurring investments
  • Bank accounts
  • Credit cards
  • Debit cards
  • Web support

Only in Loox

Nothing recorded that Acorns does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Acorns

  • Automated investing of spare change from everyday purchasesnot Loox
  • Retirement saving through Acorns Later IRA accountsnot Loox
  • Checking and high-yield savings alongside investingnot Loox
  • Custodial investing and debit cards for children through Acorns Earlynot Loox
  • Earning cashback that is invested rather than bankednot Loox

Loox

No use cases recorded yet. See the Loox review.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Acorns

  • A flat monthly subscription regardless of balance, so $3 a month on Bronze is a heavy percentage on a small account
  • The emergency savings account and the 1 percent IRA match need Silver at $6 a month
  • Custom portfolios, Acorns Early for children and Money Manager are Gold tier only at $12 a month
  • There is no free tier

Loox

  • Beyond plan review volume, overage billing adds $40 to $50 per extra 300 orders processed

Pricing, plan by plan

Acorns

On request
  • Lite$4.99/month
    • Round-up investing
    • Automated portfolio
  • Plus$9.99/month
    • All Lite features
    • Checking account
    • Dollar-based investing
  • Premier$19.99/month
    • All Plus features
    • Premium investing

Loox

On request

No published plan breakdown. See the Loox review.

Which should you pick?

Choose Acorns if

  • You need round-up investing.
  • You work on Web, IOS, Android.
  • You also want automated investing.
Acorns review

Choose Loox if

Nothing in the data separates Loox from Acorns on the points above - pick on price and on how each one feels to use.

Loox review

Questions people ask

Is Acorns or Loox better?
Neither clearly leads. Acorns starts at On request and Loox at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Acorns or Loox?
Acorns starts at On request and Loox at On request.
Does Acorns or Loox run on more platforms?
Acorns runs on Web, IOS, Android. Loox runs on Web.
What is Acorns best used for?
Acorns is most often used for automated investing of spare change from everyday purchases, retirement saving through acorns later ira accounts, checking and high-yield savings alongside investing, custodial investing and debit cards for children through acorns early. Of those, automated investing of spare change from everyday purchases and retirement saving through acorns later ira accounts are not what Loox is typically brought in for.
What can Acorns do that Loox cannot?
Acorns covers Round-up investing, Automated investing, Portfolio management, Recurring investments.
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