MyInvestor review

The account fee is €0, and the brokerage opens from a minimum deposit of €1. Cash and card accounts carry no account fees either, so holding money there costs nothing in account charges. Cash and investments then sit in the same place.

A stock trade runs at €3 to €25 on the brokerage account, which is well above the €0 median across brokers here. Costs add up on smaller orders, so the fixed charge matters if you trade often or in small slices. The same brokerage also covers stocks, etfs and funds.

The automated portfolios carry a management fee of 0.13% to 0.37% and need €150 as the starting amount. The styles listed in esg and cash cover ESG and cash, and they can sit alongside your own trades. The fee is a running cost on the balance, unlike the charge on an individual stock trade.

The brokerage covers stocks, etfs and funds from a single account. Crypto trading and the mobile app are part of the same platform, listed in crypto and mobile app, so you do not need a separate app for digital assets. Currency conversion costs 0.3% on the broker, which matters if you hold assets priced in other currencies.

MyInvestor trades as MyInvestor Banco S.A., a bank based in Spain, and it was founded in 2017. Cash and investments therefore sit with a bank rather than a pure brokerage, which is worth weighing alongside the €0 account fee when you compare safety of the money.

Across the stock brokers on this site, the median share of retail accounts that lose money is 72.03%, with the range running from 40.3% to 88%. Low fees do not change that, so treat any broker, MyInvestor included, as a place where retail money often shrinks.

Deposits and withdrawals carry no account fees. Cash held in the current account earns 2.5%, so money can wait for the right moment rather than sitting idle. Combine that with the brokerage minimum of €1 and a position can be built gradually.

Support is offered through help centre only, which means questions are handled in writing rather than on the phone. That suits anyone comfortable reading replies and keeping a record of them. If you want a phone line or live chat, a different broker may suit you better.

The listed account types are sipp and joint, so a retirement savings account and a joint account are both on the table. Pension and joint structures are why many readers look here, and the account fee stays at €0 on top of that.

MyInvestor is headquartered in Spain, so account eligibility, tax treatment and product rules follow Spanish rules rather than UK ones. UK readers should check whether an account will open for them before funding it in euro. The account fee is €0, and currency conversion costs 0.3% on the brokerage.