Acorns vs Moomoo Referral Bonus (2026)
A detailed comparison of Acorns ($5–$50 per referral) and Moomoo (~$100 in stock per friend per referral) in the Investing category.
Last updated:
Verdict: Moomoo Edges Ahead
Both Acorns and Moomoo offer competitive referral programs. Moomoo edges ahead with a 4.3-star rating.
Side-by-Side Comparison
| Feature | Acorns | Moomoo |
|---|---|---|
| Referrer Bonus | $5–$50 | ~$100 in stock per friend |
| Referee Bonus | $5–$20 | Welcome stock reward |
| Payout Type | Cash | Stock |
| Commission Type | One-Time | One-Time |
| Max Referrals | unlimited | 10 referrals |
| Max Earnings | unlimited | Varies by promotion (10-referral limit) |
| Conversion Difficulty | Easy | Easy |
| Rating | 4.1 | 4.3 |
| How to Refer | Open the Acorns app, tap 'Earn' or 'Invite Friends,' and share your unique referral link. | Open the Moomoo app, navigate to the referral program section, and share your link via text, email, or social media. |
| Referee Requirements | Must open a new Acorns account using your link and make a first investment of $5 or more (a one-time investment or via Round-Ups) within the promotion's qualifying window. | Must open a new Moomoo account and complete a minimum net deposit (recent promotions require $500) during the promotion period. Invitee must be a new US resident who has not previously opened a Moomoo brokerage account. |
| Last Verified |
Pros & Cons
Acorns
Pros
- +Extremely easy to explain and recommend
- +Low barrier for referrals — just enable Round-Ups
- +Appeals to people who've never invested before
- +Unlimited referrals
Cons
- −Base referral bonus is only $5
- −Acorns charges a monthly subscription fee ($3–$12)
- −Referral must maintain account to keep bonus invested
Moomoo
Pros
- +About $100 in stock per funded referral — strong per-referral value
- +Higher tiers can unlock larger reward pieces
- +Commission-free trading with advanced tools
- +Access to global markets beyond US stocks
Cons
- −Friend must deposit $500 to qualify — a higher bar than no-deposit apps
- −Reward is capped at your first 10 successful referrals
- −Exact amounts and promotion windows change over time
Detailed Program Breakdowns
Acorns Referral Program
Earn $5 to $50 per referral when a friend signs up for Acorns and makes their first investment.
Max earnings: unlimited
Max referrals: unlimited
Moomoo Referral Program
Earn roughly $100 in stock (recent promotions pay it in NVDA shares) for each friend who opens a Moomoo account and completes a qualifying net deposit. Higher referral tiers can unlock larger reward pieces, but $100 per friend is the typical baseline.
Max earnings: Varies by promotion (10-referral limit)
Max referrals: 10 referrals
Our Recommendation
Moomoo edges ahead with a 4.3/5 rating, making it our top pick in this comparison. It offers ~$100 in stock per friend per referral with stock payouts.
That said, Acorns is still a solid program worth considering. The best choice ultimately depends on your audience — promote the platform your referrals are most likely to sign up for, as conversions matter more than raw bonus amounts.
For best results, consider promoting both programs and recommending whichever fits each individual referral's situation. Many successful referrers maintain active links for multiple programs in the same category.
Frequently Asked Questions
- Which referral program pays more, Acorns or Moomoo?
- Acorns offers $5–$50 per referral while Moomoo offers ~$100 in stock per friend per referral. Based on the maximum bonus value, Moomoo has the higher earning potential per referral.
- Is Acorns or Moomoo easier to refer friends to?
- Acorns has a easy difficulty level while Moomoo has a easy difficulty level. Both programs have similar conversion difficulty.
- How do Acorns and Moomoo pay referral bonuses?
- Acorns pays referral bonuses as cash with a one-time commission structure. Moomoo pays as stock with a one-time commission structure.
- Can I promote both Acorns and Moomoo referral programs?
- Yes, you can promote both Acorns and Moomoo referral programs simultaneously. Many successful referrers promote multiple programs in the same category and recommend different options to different audiences based on their needs and preferences.
- Which has a higher rating, Acorns or Moomoo?
- Acorns has a 4.1/5 rating while Moomoo has a 4.3/5 rating on RefPerks. Moomoo is rated higher overall. Ratings reflect the quality of the referral program from a referrer's perspective, including payout reliability, bonus amounts, and ease of conversion.
Related Comparisons
Explore more side-by-side comparisons in the Investing category.
Robinhood vs Webull Referral Bonus Comparison
A detailed comparison of Robinhood (1 free stock per referral) and Webull (Free stocks (varies by promotion) per referral) in the Investing category.
Moomoo vs Webull Referral Bonus Comparison
A detailed comparison of Moomoo (~$100 in stock per friend per referral) and Webull (Free stocks (varies by promotion) per referral) in the Investing category.
Acorns vs Webull Referral Bonus Comparison
A detailed comparison of Acorns ($5–$50 per referral) and Webull (Free stocks (varies by promotion) per referral) in the Investing category.
Moomoo vs Robinhood Referral Bonus Comparison
A detailed comparison of Moomoo (~$100 in stock per friend per referral) and Robinhood (1 free stock per referral) in the Investing category.
Acorns vs Robinhood Referral Bonus Comparison
A detailed comparison of Acorns ($5–$50 per referral) and Robinhood (1 free stock per referral) in the Investing category.
Explore Each Program
Get the complete breakdown of each referral program, including detailed tips, step-by-step referral instructions, and earning strategies.
Referral program terms may change. Verify current offers on the official website.