Acorns Terms of Service

This is the master Terms of Use for Acorns, covering all products including the brokerage investment account, IRA, checking/savings, and kids' custodial accounts. The single most important thing to know is that by using Acorns you give up your right to sue the company in court or join a class-action lawsuit — all disputes must go through FINRA arbitration — unless you opt out in writing within 30 days of first agreeing to the terms. If you want to preserve your right to sue Acorns in court, you must send a written opt-out notice to Acorns within 30 days of creating your account.

This document constitutes Acorns' Terms of Use governing the relationship between users and Acorns Advisers, LLC, Acorns Securities, LLC, and related Acorns entities, covering brokerage, IRA, banking, and custodial investment accounts under a binding legal framework that users accept by accessing the platform. The most significant user obligations include submission to mandatory pre-dispute arbitration administered by FINRA, waiver of class action rights, and agreement that Acorns may unilaterally modify terms with notice, with continued use constituting acceptance. Notable deviations from industry standard include a 30-day window to opt out of arbitration by written notice, a comprehensive limitation of liability capping Acorns' exposure to fees paid by the user in the prior 12 months, and broad indemnification obligations placed on users for third-party claims arising from their use of the platform. The document engages SEC and FINRA regulatory frameworks (Acorns Advisers is an SEC-registered investment adviser; Acorns Securities is a FINRA/SIPC member broker-dealer), the Electronic Fund Transfer Act, Bank Secrecy Act/AML requirements, COPPA (children's accounts via Acorns Early), CCPA for California residents, and Regulation E; compliance teams should note the arbitration opt-out window, the breadth of data sharing contemplated, and the cross-entity liability structure spanning multiple Acorns legal entities.