Robo-Advisors in Europe

Important factors when choosing a Robo-advisor

#The investment strategy

Where and how they will invest your money. Most Robo advisors are partners of a specific broker, and you should carefully investigate if they are not “pushing” their own investment products, often with high fees. Please make sure they are an independent, low-cost, and transparent investment service.

#Reliability and security

Is it regulated by top-tier institutions? Does it offer investment protection? Where is it based, and operating for how long? Is it publicly listed? What do their customer reviews say?

#Fees

Most Robo-advisors differ in terms of the fees charged. While some may offer a better service that justifies their higher fees, one should understand and compare fees to ensure they don’t burn your profits.

#Available countries

Do they accept clients from your country of residence?

#Personalization of your portfolio

Do they allow you to personalize your portfolio according to your specific needs and preferences, or are you only allowed to go with one of the predefined portfolios?

#Auto Rebalancing

Does the Robo-advisor automatically rebalance your portfolio as prices changes, dividends, and new deposits modify your capital allocation?

#Advisor access

Do they allow you to speak to a human advisor?

What’s the best Robo-Advisor in Europe?

As an investor, choosing the best Robo-advisor is crucial, but it is tough and time-consuming to choose the best to start with. Besides the factors mentioned above, there are many other factors: having a mobile app, user experience, tax-loss selling, minimum deposit, etc. Still, the factors above should be enough for a start.

Take a look at the ones you find interesting, open a demo account, take your time, and decide! Also, feel free to reach out to us at success@investingintheweb.com. We would love to hear about your experiences!

Once again, a reminder that the above should not be construed as investment advice and should be considered information only. Investors should do their own research and diligence about the services and opportunities best suited for their risk, returns, and investment strategy.