Updated September 28, 2026 · BrokerCue Editorial Team
bevestor vs Nutmeg
bevestor vs Nutmeg: the differences
| Compare | ||
|---|---|---|
| Management fee | 0.6% | 0.25% to 0.75%Lower |
| Minimum investment | €25 to €500 | £100 to £500 |
| Regulators | Industrie und Handelskammer Frankfurt am Main | Financial Conduct Authority |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Account types | Joint | ISA, SIPP |
| Portfolio types | ETF, ESG | ETF, ESG, CashCovers more |
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Key differences
- Nutmeg scores higher overall: 9.2 vs 8.8.
- Regulators: only bevestor offers Industrie und Handelskammer Frankfurt am Main.
- Regulators: only Nutmeg offers Financial Conduct Authority.
- Founded is lower at Nutmeg: 2012 vs 2016.
- Management fee is lower at Nutmeg: 0.25% to 0.75% vs 0.6%.
- Account types: only bevestor offers Joint.
- Account types: only Nutmeg offers ISA, SIPP.
- Portfolio types: only Nutmeg offers Cash.
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.
Nutmeg
Nutmeg suits UK investors who want a managed portfolio held in an ISA or SIPP rather than a self-directed dealing account. The cost of that convenience is a single management fee of 0.25% to 0.75%, with a £0 stock trade fee and FSCS protection of FSCS up to GBP 85,000 in place.
Score breakdown
| Area | bevestor | Nutmeg |
|---|---|---|
| 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 0.25% to 0.75% run above the robo-adviser median of 0.35%, and the entry floor is high. |
| Offer | 9.0 | 9.6Higher |
| Trust | 8.7 | 9.1Higher |
Where each is licensed and available
| Country | bevestor | Nutmeg |
|---|---|---|
| Germany | Industrie- und Handelskammer Frankfurt am Main D-F-125-9CFN-70 | Not confirmed |
| United Kingdom | Not confirmed | Financial Conduct Authority 552016 |
Additional countries for bevestor: 1. Additional countries for Nutmeg: 1.
Cost in a real example
10,000 invested for a year
bevestor
60
0.6% of 10,000
Nutmeg
25 to 75
0.25% to 0.75% of 10,000
Nutmeg comes out 35 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
What each covers
| Portfolio types | bevestor | Nutmeg |
|---|---|---|
| ETF | Yes | Yes |
| ESG | Yes | Yes |
| Cash | No | Yes |
| Account types | bevestor | Nutmeg |
|---|---|---|
| ISA | No | Yes |
| SIPP | No | Yes |
| Joint | Yes | No |
If neither fits
eToro has management fee at 0%, against 0.6% for bevestor and 0.25% to 0.75% for Nutmeg.
eToro reviewSources behind this comparison
bevestor
- bevestor.de: 9 facts, checked September 26, 2026
- deka.de: 1 fact, checked September 26, 2026
Nutmeg
- nutmeg.com: 8 facts, checked September 26, 2026
- register.fca.org.uk: 2 facts, checked September 26, 2026
How they place
| Ranking | bevestor | Nutmeg |
|---|---|---|
| Stock and ETF brokers | 173 of 471 | 101 of 471 |
| Robo-advisors | 70 of 151 | 32 of 151 |
Every fact side by side
| Fact | bevestor | Nutmeg |
|---|---|---|
| Legal entity | bevestor GmbH | J.P. Morgan Personal Investing Limited |
| Headquarters | Germany | United Kingdom |
| Founded | 2016 | 2012Lower |
| Support channels | Email, Chat, Phone, Help centre | Email, Chat, Phone, Help centre |
Brokers
| Fact | bevestor | Nutmeg |
|---|---|---|
| Minimum deposit | Not confirmed | £500 |
| Stock trade fee | Not confirmed | £0 |
| Markets | ETFs, Funds | ETFs, Funds, Stocks, BondsCovers more |
| Features | Mobile app | Mobile app |
| Pricing model | Not confirmed | Commission free |
| Deposit and withdrawal fees | Not confirmed | no set-up, trading or exit fees |
| Platforms | Bevestor App | Web, Mobile app |
Where each stands against the rest
| Fact | bevestor | Nutmeg | Median |
|---|---|---|---|
| Management fee | 0.6%highest quarter | 0.25% to 0.75%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.
Nutmeg
Pros
- One ongoing charge to read: management fees of 0.25% to 0.75%, with no set-up, trading or exit fees on top.
- Holdings span etfs, funds and stocks, so a managed basket can still cover a wide spread of asset types.
- Regulated by the Financial Conduct Authority, with FSCS protection of FSCS up to GBP 85,000 behind the account.
Cons
- Management fees of 0.25% to 0.75% sit above the robo-adviser median of 0.35%, and the cost rises as the balance grows.
- The opening deposit is £500 and later money goes in from £100 to £500, higher than the robo-adviser median of €60.06.
- The portfolio range is etf, esg and cash only, so there is no crypto or thematic option to tilt towards.
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.
Nutmeg
Who it suits
- UK investors who want a managed portfolio inside an ISA or a SIPP and accept a single ongoing charge for the service.
- People who would rather not research individual funds, since the holdings run to etf, esg and cash approaches chosen and held for you.
- Investors who want a phone line as well as written support, since email, chat and phone includes phone, chat, email and a help centre.
Who should look elsewhere
- Anyone starting with a small first payment, since the £500 deposit is well above the robo-advisor lower quartile of €0, and Axos Invest begins at $100 in US dollars.
- Shoppers who want the lowest ongoing charge, since eToro runs a 0% management fee and Vivid Standard charges 0.5% to 1.5%, against Nutmeg's 0.25% to 0.75%.
- Investors who want accounts in US dollars, because Axos Invest takes $100 in dollars while Nutmeg's £100 to £500 sits in pounds.
Current offers
Nutmeg
Current offer
Bonus
Earn £100 when you invest £1,000: GBP 100 cash reward
Invest at least £1,000 in one payment into a General Investment Account, Stocks and Shares ISA, Lifetime ISA, Junior ISA or Personal Pension and keep it invested for at least 6 months; new contributions only, transfers excluded; reward paid as unallocated cash within 55 days; new clients only, cannot be combined with other new-client offers
Source, checked September 26, 2026
Country by country
| Country | bevestor | Nutmeg |
|---|---|---|
| Germany | Yes | No |
| United Kingdom | No | Yes |
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.
Nutmeg
What does Nutmeg charge to manage my money?+
The charge is a single management fee of 0.25% to 0.75%, which sits above the robo-adviser median of 0.35% in this group. There are no set-up, trading or exit fees to add on top. Money can go in from £100 to £500, so the cost is a percentage of what you hold rather than a price per deal.
How much do I need to open an account?+
The minimum deposit is £500, and once the account is open money can go in from £100 to £500. That first payment is the step most readers notice, and it sits above the lower quartile of €0 across robo-advisers here.
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