Summary
- ETFmatic is a Robo-Advisor platform
- Allows users to invest in low cost Exchange Traded Funds (ETFs)
- Lower risk as ETFs are bundles of various stocks
- FCA Regulated
- Less than 0.6% fees per annum (0.45% management fee + ~0.12% fund fee)
- Click here to register and start investing
Get started - How to set up your account
2. Follow the instructions and fill in all required forms, including selecting your investment currency.
3. Set up your Portfolio (Goal) based on your risk tolerance. For example, as shown below, I have selected 80, which essentially means 80% of my funds will be invested in Stocks and 20% in Bonds. You can modify your goal at any time, thus don't worry too much about selecting the best combination now.
3. Then, you can configure your portfolio. For example, as shown below, I have changed my portfolio to 100% stocks and changed the target percentages of the ETFs that I want to invest in.
4. After setting up your portfolio allocation, you have to fund your account! You can fund your account with your debit card or bank transfer (you can use Transferwise, Revolut to avoid bank transfer fees). The funds will be available in your account in about 3 working days and will be invested based on the target percentages you have selected.
5. Regularly fund your account to grow your portfolio. You can also set up a direct debit, so funds are automatically drawn from your bank account and invested on their own!
3. Set up your Portfolio (Goal) based on your risk tolerance. For example, as shown below, I have selected 80, which essentially means 80% of my funds will be invested in Stocks and 20% in Bonds. You can modify your goal at any time, thus don't worry too much about selecting the best combination now.
3. Then, you can configure your portfolio. For example, as shown below, I have changed my portfolio to 100% stocks and changed the target percentages of the ETFs that I want to invest in.
- T.E.R % is the fee charged by each fund, so the lower it is, the better for you!
- Target % is my investment allocation. For example, I have selected 8% for Equity Asia, meaning that 8% of my portfolio with ETFmatic will be invested in that fund.
4. After setting up your portfolio allocation, you have to fund your account! You can fund your account with your debit card or bank transfer (you can use Transferwise, Revolut to avoid bank transfer fees). The funds will be available in your account in about 3 working days and will be invested based on the target percentages you have selected.
5. Regularly fund your account to grow your portfolio. You can also set up a direct debit, so funds are automatically drawn from your bank account and invested on their own!
How does ETFmatic work?
1. ETFmatic offers its users ETFs provided by the largest issuers, such as Vanguard and Blackrock, which manage billions thus are able to charge lower fees. The ETFs offered by ETFmatic track the performance of indices, such as FTSE100 and S&P 500, thus ensuring you are diversified and invest in large companies that are usually more reliable.
2. ETFmatic will automatically invest in the appropriate ETFs based on the target portfolio you have set up. Dividends will be collected by ETFmatic and automatically reinvested! Your only task is to work hard and deposit a percentage of your salary into your ETFmatic account each month to grow your wealth!
2. ETFmatic will automatically invest in the appropriate ETFs based on the target portfolio you have set up. Dividends will be collected by ETFmatic and automatically reinvested! Your only task is to work hard and deposit a percentage of your salary into your ETFmatic account each month to grow your wealth!
Tips
- Top-up your account regularly. I invest a portion of my monthly salary in ETFmatic. By doing so, I have managed to accumulate quite a healthy sum. By investing small amounts regularly, you will avoid price risk, as you will be buying on both the lows and highs. Finally, you will be able to experience the benefits of compound investing! For example, the last 5 months of my portfolio are shown below. As you can see, my ETFmatic portfolio has grown in size from regular investments as well as positive and negative market movements, shown in grey, green and red respectively.
- Top up your account with your credit card or use Transferwise or Revolut to avoid bank transfer fees.
- Sign up for ETFmatic's newsletter to keep informed about upcoming campaigns, from which you can get months of free investing!
Review
1. Reward ★★★★☆
The stock market is unpredictable, as returns vary significantly. Nevertheless, returns (as well as losses) can be high.
2. Risk ★★★★☆
Investing in the stock market is considered to be high risk. Nevertheless, as you will be investing in index tracking funds, you will be exposed only to the largest companies of the world, such as EasyJet, Tesco, Amazon, Google, Facebook and Apple. You will also be diversified, as instead of investing in a few of companies, you will be invested in numerous.
3. Availability ★★★★☆
ETFmatic is available in 32 countries but only in 3 currencies, EUR, GBP and USD.
4. Minimum investment ★★★★★
The minimum deposit is €100, $100 or £100, depending on the currency you have selected.
5. Functionality ★★★★☆
ETFmatic is well designed and automated. I only visit ETFmatic once a month to top-up my account and check my portfolio's progress!
Hello fellow Cypriot. I was wondering whether you are still investing with etfmatic and whether everything had been to your satisfaction so far. The fact that they have not updated any news and articles for over a year worries me. Thank you for your feedback
ReplyDeleteHi. Minimum deposit should be 1000 €,£,$,is it?
ReplyDelete