📈 Investing

Acorns vs Moomoo Referral Bonus (2026)

A detailed comparison of Acorns ($5–$50 per referral) and Moomoo (Up to 15 free stocks per referral) in the Investing category.

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Verdict: Moomoo Edges Ahead

Both Acorns and Moomoo offer competitive referral programs. Moomoo edges ahead with a 4.3-star rating.

Acorns:$5–$504.1
Moomoo:Up to 15 free stocks4.3

Side-by-Side Comparison

FeatureAcornsMoomoo
Referrer Bonus$5–$50Up to 15 free stocks
Referee Bonus$5–$20Up to 15 free stocks
Payout TypeCashStock
Commission TypeOne-TimeOne-Time
Max Referralsunlimitedunlimited
Max Earningsunlimitedunlimited
Conversion DifficultyEasyEasy
Rating4.14.3
How to ReferOpen 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 RequirementsMust open a new Acorns account and make their first investment or enable Round-Ups.Must open a new Moomoo account and make a qualifying deposit. Higher deposits unlock more free stocks.
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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

  • +Up to 15 free stocks per referral — among the most generous
  • +Commission-free trading with advanced tools
  • +Unlimited referrals
  • +Access to global markets beyond US stocks

Cons

  • Less brand recognition than Robinhood or Webull
  • Higher deposits required to unlock maximum stocks
  • Most random stocks fall in the lower value range

Detailed Program Breakdowns

Acorns Referral Program

4.1Easy difficulty
$5–$50

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

4.3Easy difficulty
Up to 15 free stocks

Earn up to 15 free stocks when a friend opens and funds a Moomoo account. Stock values range from $3 to $2,000 each.

Max earnings: unlimited

Max referrals: unlimited

Our Recommendation

Moomoo edges ahead with a 4.3/5 rating, making it our top pick in this comparison. It offers Up to 15 free stocks 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 Up to 15 free stocks 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.

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.