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Just one fair fee
No hidden fees or fees for depositing or withdrawing your money.
You don’t pay anything for basic services
€0 for buying and selling ETFs
We handle all your purchases and sales at no extra cost for you
€0 for return
We do not charge any performance fees.
0 € for termination
There are no fees for setting up or closing your account.We bring strong results to our clients
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Investing in ETFs up to €100,000
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1% + VAT
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Investing in ETFs above €100,000
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0.85% + VAT
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Investing in ETFs above €500,000
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0.65% + VAT
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Smart deposit | Wallet
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0.5%
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European Pension (PEPP)
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0.6% + VAT
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Annuity
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0.65%-1% + VAT
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The fee amounts are stated on an annual basis.
description View the full price listWhat do you get for that?
If investing is suspiciously cheap, there’s always a catch. Companies that offer it either don’t last long or want to make money off you in another way. We offer security for one fair fee...
- Who wants to deal with securities selection, buying, selling, and market movements? Leave it to us and focus on what truly fulfills you.
- Active investing takes nerves, and people under stress make mistakes. 'Was it too late yesterday, or should we wait until tomorrow?' With passive investing with us, you don't have to worry about it.
- Buying an index ETF fund is not rocket science. However, with us, you have risk spread across global funds with more than 13 thousand titles.
- We speak English! If you need anything, reach out and we will help you.
- We will tailor your portfolio and strategy to your risk profile based on your goals and responses. Different tools have different purposes. This also applies to investment tools. We will help you invest appropriately depending on whether you are saving for a vacation or for retirement.
- Past returns are not a guarantee of future results. However, we are proud of the performance of our portfolios.
- Automatic rebalancing keeps the portfolio properly set, decreases risk and increases returns (by as much as 0,4% p.a. in case of strategies with higher share of equity). Furthermore, our method doesn't create a tax liability for you.
- We use all available tax reliefs so you don't have to worry about taxes and maximize your returns.
- The ability to withdraw funds at any time without fees should be a given. We will not penalize you with higher fees if you need your funds earlier.
- Anything that interests you in finance, we have certainly already written a blog or discussed it in a podcast. It’s our specialty. You can access tens of hours of content for free in our app.
- In the Finax app, you have access to life insurance at an unbeatable price or to a Financial Coach – an app for managing personal finances, which you can use for free.
Can the fee be even lower?
Low Fees
Our clients paid last year real fees of only 0.8% on average.
We are committed to reducing costs
Since the launch of Finax, the fees have been continuously lowered and we plan to continue doing so. When we succeed, our clients succeed.
Investing for free?
We regularly offer discounts and promotions , allowing you to reduce fees down to a zero.
Investments one click away
Download the app and start investing easily, anytime, anywhere.
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4.9 Google (399 reviews)
Take advantage of our discounts
Discount for inviting friends
Recommend Finax to your friends and get 1,000 euros managed for free for yourself and your friend.
Discount for transferring your investment
Transfer your investments to us and we will manage 50% of the transferred investment amount free for 2 years as a reward. More info in FAQ.
Frequently asked questions on fees
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Finax charges an annual fee of 1% + VAT on the value of assets under management (the total value of assets, i.e., securities and cash). The fee is charged monthly.
We also offer various discounts on the portfolio management fee. For instance, if you refer a friend who opens an account, we will manage 1,000 euros of your savings at no charge.
Check the ongoing promotions to obtain even higher discounts.
Here's an example: You have invested 20,000 euros and referred a friend who invested 10,000 euros. Both you and your friend have a discount of 1,000 euros. Assuming the month in question has 30 days and the value of your account remains unchanged over time, the monthly fee would be calculated as follows:
(20,000 - 1,000) * 0.0123 * (30/365) = 19.21 euros
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The portfolio management fee is calculated on a continuous monthly basis. Each day, we calculate a charge based on 1/365 (or 1/366 during a leap year) of the annual fee, taking into account the value of your account on that particular day. At the end of the month, we sum up the daily charges and apply them to your account.
Example: Let's say you have invested 20,000 euros. Assuming the month has 30 days and your account's value changed over time as follows: the first 15 days it was 20,000, the next 5 days it was 20,500, and the last 10 days it was 20,300.
20,000 * 0.012 * 15/365 + 20,500 * 0.012 * 5/365 + 20,300 * 0.012 * 10/365 = 19.91 euros.
- No, you do not have to pay any extra fees if you decide to close your account.
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Finax offers a comprehensive discount system that can reduce your account management fees. Check the ongoing promotions to obtain even higher discounts.
Referral discount:
If you recommend our services to your friends, both you and your friend can enjoy 1,000 euros of savings managed free of charge. The discount will be applied from the date of your friend's first deposit for a period of three years or until your friend makes the first withdrawal from the account. You can invite your friends to Finax using the unique invitation link in the app or web account overview..
Discount for transferring your investment to us:
If you transfer your investment to us, we will reward you. Whether you are currently investing through another securities dealer, own fund units, have an investment property, or hold investment life insurance, if you decide to transfer your investment to us, we will manage 50% of the transferred investment amount at no charge. The discount will be applied for two years or until the first withdrawal from your account. To qualify for this discount, provide us with an account statement showing the withdrawal or termination of the contractual relationship and the amount within 30 days after terminating the investment. This discount applies to transferred investments with a value exceeding 1,000 euros. Example: If you own shares in a mutual fund managed by a Slovak fund manager worth 30,000 euros and you decide to sell your shares and deposit 30,000 euros with us, we will manage 50% (15,000 euros) of the deposit free of charge for a period of two years or until your first withdrawal.
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