myPension review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
myPension is a robo-advisor for German savers who want retirement money invested in a managed portfolio rather than chosen by hand. A minimum investment of €25 makes it easy to start small, though the ongoing management fee is the part to weigh before you commit.
Key facts
- Best for
- A small first contribution to a retirement pot run on ETFs.
- Management fee
- 0.64% (Source, checked September 26, 2026)
- Minimum investment
- €25 (Source, checked September 26, 2026)
- Regulators
- IHK Frankfurt am Main (Versicherungsvermittlerregister, Vermittlungserlaubnis nach § 34d Abs. 1 GewO) (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
- myPension Altersvorsorge GmbH (Source, checked September 26, 2026)
- Headquarters
- Germany (Source, checked September 26, 2026)
- Founded
- 2016 (Source, checked September 26, 2026)
- Support channels
- Email, Phone, Help-centre (Source, checked September 26, 2026)
- Official website
- mypension.de
Apps and profiles
- Elsewhere
Pros and cons
Pros
- The minimum investment of €25 is small enough for a first monthly contribution.
- The brand has run since 2016 and names myPension Altersvorsorge GmbH as its legal entity.
- Support covers email, phone and help centre, so help is not tied to an in-app chat.
- Portfolios are etf, which keeps the range straightforward to follow.
Cons
- A €25 starting portfolio still carries a management fee of 0.64%, so a small start does not mean a small charge.
- Portfolios are etf only, with no single shares or bonds to hold directly.
- Support runs on email, phone and help centre only, with no live chat listed.
Ready to try myPension?
Scored 8.7 / 10 by BrokerCue.
Who it suits
- German savers building a retirement pot who want a managed portfolio rather than their own fund picks
- Newcomers who can start from €25 and add money as they go
- People who prefer phone and email contact, since support covers email, phone and help centre
Who should look elsewhere
- Traders who pay nothing for ongoing advice, since eToro charges a management fee of 0%
- Anyone wanting a wider investment range than a narrow ETF plan offers
- US savers who need a dollar account, since Axos Invest takes a minimum investment of $100
Safety and regulation
myPension is registered with IHK Frankfurt am Main (Versicherungsvermittlerregister, Vermittlungserlaubnis nach § 34d Abs. 1 GewO), under licence D-C5H3-1FR97-31. Its stated investor protection is EU ICS up to EUR 20,000, so claims above that ceiling sit outside the scheme. Registration in an industry register means the entry can be checked against the named register rather than a bank licence.
How myPension compares
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Where myPension is available
- Available
- Germany
- Licence in Germany
- IHK Frankfurt am Main (Versicherungsvermittlerregister, Vermittlungserlaubnis nach § 34d Abs. 1 GewO) (D-C5H3-1FR97-31), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does myPension charge to manage a retirement account?+
myPension charges a management fee of 0.64% on the portfolio, which is above the robo-advisor median of 0.35%. For comparison, eToro charges 0%. Running cost is the weakest part of the offer and is worth weighing against cheaper options before you fund.
How much do I need to start with myPension?+
The stated minimum investment is €25. Robo-advisor medians on this site sit higher, at €60.06, so myPension suits a saver who wants to build a retirement pot gradually instead of committing a larger sum at the start.
What protection covers money held with myPension?+
myPension lists EU ICS up to EUR 20,000 as its investor protection, so anything above that ceiling falls outside the scheme. The trading entity behind the brand is myPension Altersvorsorge GmbH. Protection of this kind rests on the firm meeting its obligations rather than on the portfolio performing.
Is myPension a registered provider?+
It is registered with IHK Frankfurt am Main (Versicherungsvermittlerregister, Vermittlungserlaubnis nach § 34d Abs. 1 GewO), and the mediation permission is listed under licence D-C5H3-1FR97-31. That register entry names the firm you are dealing with, which is the detail to check before funding an account.
Who is myPension built for?+
The service is built for German savers setting money aside for retirement, with a portfolio range of etf and a starting amount of €25. It suits people who would rather hand the portfolio over than choose the funds themselves.
How do I get help from myPension?+
Support runs on email, phone and help centre, so you can reach the team by email or phone, or work through the help centre. Phone and email are the more common channels in this ranking, at 72.6% and 70.2%.
What can I hold inside a myPension portfolio?+
The listed portfolio type is etf, so the plan is built from exchange traded funds and the range stays narrow. ETF portfolios dominate this ranking, at 86.2% of the brands listed.
Can I open a myPension account outside Germany?+
The provider is based in Germany and trades as myPension Altersvorsorge GmbH, so the service is built for the German market. The protection scheme it lists, EU ICS up to EUR 20,000, also sits inside the EU system.
Sources
- mypension.de checked September 26, 2026
Backs: Support channels
- mypension.de/altersvorsorge checked September 26, 2026
Backs: Minimum investment
- mypension.de/anlage checked September 26, 2026
Backs: Portfolio types
- mypension.de/impressum checked September 26, 2026
Backs: Headquarters, Investor protection, Legal entity, Regulators, Licences
“myPension Altersvorsorge GmbH, Schillerstraße 14, 60313 Frankfurt am Main”
- mypension.de/kostenvergleich checked September 26, 2026
Backs: Management fee
“Jährliche Verwaltungskosten inklusive Fontkosten 0,64%”
- mypension.de/ueberuns checked September 26, 2026
Backs: Founded
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.