Finax review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Finax suits beginners in Slovakia who want a robo-advisor with a low entry point, since the minimum investment is €10. The cost trade-off is the management fee of 0.65% to 1%, above the robo-advisor median of 0.35%, so the fee matters most over a long holding period.
Key facts
- Best for
- Beginners who want a robo-advisor with a small minimum investment.
- Management fee
- 0.65% to 1% (Source, checked September 26, 2026)
- Minimum investment
- €10 (Source, checked September 26, 2026)
- Regulators
- National Bank of Slovakia (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Portfolio types
- ETF (Source, checked September 26, 2026)
- Legal entity
- Finax, o.c.p. a.s. (Source, checked September 26, 2026)
- Headquarters
- Slovakia (Source, checked September 26, 2026)
- Founded
- 2018 (Source, checked September 26, 2026)
- Support channels
- Phone, Email, Help-centre (Source, checked September 26, 2026)
- Official website
- finax.eu
Brokers
- Minimum deposit
- €10 (Source, checked September 26, 2026)
- Markets
- ETFs, Stocks, Bonds (Source, checked September 26, 2026)
- Regulators
- National Bank of Slovakia (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- No deposit fee (Source, checked September 26, 2026)
- Legal entity
- Finax, o.c.p. a.s. (Source, checked September 26, 2026)
- Headquarters
- Slovakia (Source, checked September 26, 2026)
- Founded
- 2018 (Source, checked September 26, 2026)
- Support channels
- Phone, Email, Help-centre (Source, checked September 26, 2026)
- Features
- Mobile app
- Pricing model
- Low fees
- Audience
- Beginners
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- The minimum deposit is €10 and the minimum investment is €10, which keeps the starting point small.
- No fee applies to depositing, and support runs through phone, email and help centre.
- The mobile app comes with etf portfolios drawn from etfs, stocks and bonds.
- Supervision sits with National Bank of Slovakia, and the firm runs as Finax, o.c.p. a.s..
Cons
- The management fee of 0.65% to 1% runs above the robo-advisor median of 0.35%.
- Investor protection is EU ICS up to EUR 20,000, so larger balances sit above the covered cap.
- The investable list is etfs, stocks and bonds, with no wider menu of funds, crypto or metals.
Who it suits
- Beginners in Slovakia building a first portfolio, with a €10 minimum investment.
- EU investors who want supervised custody and EU ICS up to EUR 20,000 of protection.
- Members who like phone contact, since support covers phone, email and help centre.
Who should look elsewhere
- Day traders, since the account holds etfs, stocks and bonds and etf portfolios rather than a trading screen.
- Anyone comparing a business account, such as Vivid Standard at 0.5% to 1.5%.
- Traders who want a platform showing 0% in management fees, such as eToro.
How Finax compares
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Frequently asked questions
What does Finax cost to run?+
Finax charges a management fee of 0.65% to 1%, which sits above the robo-advisor median of 0.35%. The minimum deposit is €10 and depositing carries no fee, so the ongoing charge is the figure to weigh.
How much do I need to start investing?+
The minimum investment is €10 and the minimum deposit is €10. That entry sits below the robo-advisor median of €60.06, so modest sums can still build a portfolio.
Is my money safe with Finax?+
Finax is supervised by National Bank of Slovakia, and investor protection is EU ICS up to EUR 20,000 under the EU scheme. The firm trades as Finax, o.c.p. a.s., a Slovak company founded in 2018.
What can I invest in?+
The investable list covers etfs, stocks and bonds, and the portfolios themselves are etf based. That is a focused set rather than a wide trading menu, so it leans towards long-term holders instead of active traders.
How do I deposit and withdraw?+
Depositing is free, and the minimum deposit is €10. Support runs through phone, email and help centre, so a question about a transfer can be raised by phone, by email or in the help centre.
Is there an app?+
There is a mobile app for managing the account day to day. It covers the etf portfolios built from etfs, stocks and bonds, which suits members who want to check holdings between rebalances.
Who is Finax aimed at?+
Finax names beginners as its main audience, and the pricing model is low fees. With a €10 minimum investment and no fee on deposits, it fits first-time investors building a portfolio rather than day traders.
What are the odds of losing money here?+
Across the site, 70.15% of retail accounts lose money, with figures from 40.3% to 88%. A robo-advisor sets the allocation, and investor protection is EU ICS up to EUR 20,000, so market falls are not covered.
Sources
- investingintheweb.com/reviews/finax-review checked September 26, 2026
Backs: Minimum deposit, Pricing model
“Minimum deposit EUR 10 - managed portfolios”
- finax.eu/en checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Trusted by investors across Europe since 2018.”
- finax.eu/en/blog/we-keep-our-word-were-making-it-cheaper-... checked September 26, 2026
Backs: Deposit and withdrawal fees
“abolishing the payment processing fee as of 1 July 2023”
- finax.eu/en/faq checked September 26, 2026
Backs: Minimum investment, Portfolio types
“The minimum deposit for a one-time investment is 10 euros. The minimum deposit for regular monthly investments is 10 euros.”
- finax.eu/en/fees-and-price-list checked September 26, 2026
Backs: Audience, Features, Management fee, Markets, Support channels
“Goal-based investing - For beginners”
- finax.eu/en/safety-and-risk checked September 26, 2026
Backs: Investor protection, Regulators
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.