🏦 Online bank ING offers seven available portfolios.
💰 Total commission cost is 0.99%, including custody, management, and maintenance costs.
💵 Minimum capital is only €1.
🔴 Commissions are quite high for automated portfolios integrated with passive management products.
@ElClubDeInversion:
“ING, which is an online bank with a long history, a leader in Europe that offers all kinds of financial assets, has also more recently entered the world of automated management before the roboadvisor. They offer a total of seven available portfolios with a total commission cost of 0.99%, including custody, management commissions, direct costs, and maintenance expenses. A minimum capital of only €1, and neither is a minimum indicated on additional contributions. As you can see, the commissions are quite high for automated portfolios integrated with passive management products, and you already know that for little that is the variation of percentage in the long term can suppose an abysmal difference with respect to other options. So in this case, I personally would rule it out because of the commissions.”
Watch the exact part of the video where Andrea talks about ING here:
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Read more articles featuring the most recent analysis of ING at this link: BLOG.
