Oskar
Pros
- No account opening, deposit, withdrawal, or performance fees
- Low minimum savings plan of 25 euros per month
- Five preset risk portfolios covering equities, bonds, gold and commodities
- Automatic rebalancing when allocations drift more than 6%
- Dedicated kids account with multi-payer support
- ESG screening across 50% of portfolio holdings
- Assets held as segregated property at Baader Bank AG
Cons
- No individual stock or ETF selection - five preset strategies only
- Management fee of 1.0% p.a. is above average for portfolios under 10,000 euros
- No demo or paper trading account
- Underweight US equities relative to global market cap weighting
- Customer support response times of 2-5 business days by email
- German-only platform and service - not available outside Germany