Knab review

The management fee is 0.92% to 1.02%. That is a yearly cost on the money you have invested with the managed service, and it sits well above the 0.35% charged across robo-advisors on BrokerCue, so the fee is the main thing to weigh.

Knab is listed in the Netherlands under De Nederlandsche Bank (DNB), the Europese Centrale Bank (ECB) and the Autoriteit Financiele Markten (AFM). It trades as a branch of BAWAG AG in the Netherlands, a trade name of BAWAG P.S.K. AG.

Deposits are covered by the EU investor protection scheme at EU ICS up to EUR 20,000. That figure is the ceiling the scheme pays out per eligible claim, and it is worth weighing against the size of your balance.

Support is offered through chat, phone and help centre. So you can call, start a chat or work through the help-centre articles, which suits people who would rather talk to someone than search a manual.

Yes, the account types listed are joint and corporate. Joint and corporate accounts both appear, which helps if you are investing with a partner or holding company money.

The portfolio types listed are esg. That means the choice is narrower than at a typical robo-advisor, and anyone wanting a standard multi-asset portfolio should ask what else is available before starting.

Knab is based in the Netherlands and was founded in 2012. Its home market is the Netherlands, with the brand serving that market rather than a wide international audience.

Its management fee of 0.92% to 1.02% is well above the 0.35% in the robo-advisor category, while the €60.06 minimum investment sits below the €25 across the site. The trade-off is supervision and support against cost.