Updated September 28, 2026 · BrokerCue Editorial Team
bevestor vs ModernAdvisor
bevestor vs ModernAdvisor: the differences
| Compare |  bevestor |  ModernAdvisor |
|---|---|---|
| Management fee | 0.6% | 0.2% to 0.9%Lower |
| Minimum investment | €25 to €500 | CA$1,000 to CA$5,000 |
| Regulators | Industrie und Handelskammer Frankfurt am Main | Provincial securities commissions (registered portfolio manager in all Canadian provinces) |
| Portfolio types | ETF, ESG | ETF, ESG, CashCovers more |
| Investor protection | EU ICS up to EUR 20,000 | Not confirmed |
| Account types | Joint | Not confirmed |
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Key differences
- ModernAdvisor scores higher overall: 8.9 vs 8.8.
- Regulators: only bevestor offers Industrie und Handelskammer Frankfurt am Main.
- Regulators: only ModernAdvisor offers Provincial securities commissions (registered portfolio manager in all Canadian provinces).
- Management fee is lower at ModernAdvisor: 0.2% to 0.9% vs 0.6%.
- Portfolio types: only ModernAdvisor offers Cash.
- Support channels: only bevestor offers Chat.
Our verdict on each
bevestor
bevestor suits investors in Germany who want a robo-managed portfolio run for them from a small starting amount, with entry from €25 to €500. The trade-off is a narrow range of etfs and funds and a fee of 0.6%, which sits above cheaper rivals.
ModernAdvisor
Modern Advisor is a Canadian automated adviser for savers who want a managed ETF portfolio handled for them, not a place to trade. Costs suit steady monthly investors, but a 0.2% to 0.9% management fee and a CAD 1,000 to CAD 5,000 minimum ask for a real pot before you start.
Score breakdown
| Area | bevestor | ModernAdvisor |
|---|---|---|
| Cost | 8.7Fee of 0.6% against a site median of 0.4%, offset by an entry point of €25 to €500. | 9.0HigherManagement fees of 0.2% to 0.9% sit above the robo-advisor median of 0.35%, with a CAD 1,000 to CAD 5,000 entry point. |
| Offer | 9.0 | 9.2Higher |
| Trust | 8.7 | 8.7 |
How they place
| Ranking | bevestor | ModernAdvisor |
|---|---|---|
| Stock and ETF brokers | 173 of 471 | 165 of 471 |
| Robo-advisors | 70 of 151 | 65 of 151 |
Availability and regulation
| Country | bevestor | ModernAdvisor |
|---|---|---|
| Canada | Not confirmed | |
| Germany | Industrie- und Handelskammer Frankfurt am Main D-F-125-9CFN-70 | Not confirmed |
Additional countries for bevestor: 1. Additional countries for ModernAdvisor: 1.
Also worth a look
eToro has management fee at 0%, against 0.6% for bevestor and 0.2% to 0.9% for ModernAdvisor.
eToro reviewSources behind this comparison
bevestor
- bevestor.de: 9 facts, checked September 26, 2026
- deka.de: 1 fact, checked September 26, 2026
ModernAdvisor
- modernadvisor.ca: 4 facts, checked September 26, 2026
- help.modernadvisor.ca: 3 facts, checked September 26, 2026
Every fact side by side
| Fact | bevestor | ModernAdvisor |
|---|---|---|
| Legal entity | bevestor GmbH | Modern Advisor Canada Inc. |
| Headquarters | Germany | Canada |
| Founded | 2016 | Not confirmed |
| Support channels | Email, Chat, Phone, Help centreCovers more | Email, Phone, Help centre |
Brokers
| Fact | bevestor | ModernAdvisor |
|---|---|---|
| Markets | ETFs, FundsCovers more | ETFs |
| Features | Mobile app | Not confirmed |
| Platforms | Bevestor App | Not confirmed |
Where each stands against the rest
| Fact | bevestor | ModernAdvisor | Median |
|---|---|---|---|
| Management fee | 0.6%highest quarter | 0.2% to 0.9%below the median | 0.345% |
Median across 86 listed brokers.
Pros and cons
bevestor
Pros
- Entry starts at €25 to €500, so monthly saving suits the model.
- Portfolios are automated and built from etf and esg, so no holding has to be picked by hand.
- Support runs through email, chat and phone.
Cons
- The management fee of 0.6% is above the site median of 0.4%.
- The range is limited to etfs and funds, so there is no direct share dealing.
- The only account type listed is joint, leaving a single investor without a separate account type.
ModernAdvisor
Pros
- One predictable charge: a management fee of 0.2% to 0.9% rather than a commission on every trade
- Registered as a portfolio manager with the provincial securities commissions in all Canadian provinces
- Portfolio choice covers ETF, ESG and cash options, so risk can be adjusted over time
Cons
- A CAD 1,000 to CAD 5,000 minimum is well above the robo-advisor median of €60.06
- The 0.2% to 0.9% fee is above the robo-advisor median of 0.35%
- Shares are not among its markets, which cover etfs
Who each suits
bevestor
Who it suits
- Investors in Germany who want a portfolio managed for them rather than choosing each holding.
- People saving in small amounts who can start from €25 to €500.
- Readers who want phone and chat support, both listed under email, chat and phone.
Who should look elsewhere
- eToro, whose management fee is 0%, suits readers who would rather pick investments themselves.
- Axos Invest, whose minimum investment is $100, suits readers starting with a larger sum.
- Vivid Standard, with management fees running 0.5% to 1.5%, suits readers who weigh the fee line most heavily.
ModernAdvisor
Who it suits
- Canadian residents with a lump sum who would rather not choose investments themselves
- Investors who want ESG or cash portfolios alongside the core ETF option
- People who prefer one ongoing charge to per-trade commissions
Who should look elsewhere
- Anyone wanting to trade shares, as Modern Advisor covers ETFs only
- Small investors building a portfolio slowly, held back by the CAD 1,000 to CAD 5,000 minimum
- Readers in the UK and Europe, since the minimum is set in Canadian dollars and the firm is registered as a portfolio manager in all Canadian provinces
Country by country
| Country | bevestor | ModernAdvisor |
|---|---|---|
| Canada | No | Yes |
| Germany | Yes | No |
Questions about each
bevestor
How much does bevestor charge?+
bevestor charges a management fee of 0.6% for running the portfolio. The portfolio is built from etfs and funds, so the fee pays for ongoing management rather than individual trade dealing, and the whole account is handled in the bevestor App.
How much do I need to start?+
The minimum investment runs €25 to €500, which sits at the site median of €25. That keeps bevestor reachable for people setting aside small monthly amounts rather than committing a large lump sum on day one.
ModernAdvisor
What does Modern Advisor charge to manage my money?+
Modern Advisor charges a management fee of 0.2% to 0.9%, taken as a set ongoing rate rather than a commission per trade. Robo-advisors across the comparison table charge a median of 0.35%, so read the two against each other before you commit.
How much do I need to start investing?+
The minimum investment is CAD 1,000 to CAD 5,000. That sits well above the robo-advisor median of €60.06, so Modern Advisor is aimed at savers with a sum already put aside rather than those building a portfolio slowly.