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EQS-News: Smartbroker Holding AG
/ Key word(s): Product Launch/Miscellaneous
Investing made easy: SMARTBROKER+ launches ETF savings plan offer
Berlin, 1 November 2023 Several weeks after the initial go-live, SMARTBROKER+ extends its product range for the first time. With today’s launch of ETF savings plans, customers will benefit from a significantly expanded portfolio of free investment opportunities. Smartbroker Holding AG (ISIN: DE000A2GS609, FSE: SB1) and Smartbroker AG are working with well-known providers Xtrackers, Amundi and SPDR as premium partners for their saving plans. Via SMARTBROKER+, investors can now choose between around 1,000 commission-free and 300 fee-based savings plans, the latter with an order fee amounting to only 0.2% of the invested amount, subject to a minimum 1 EUR per order. In addition, customers can choose from around 700 free mutual fund and 300 fee-based single-share savings plans, thus tripling the previous offer of single-share savings plans. Another advantage of the new offering is the lower minimum savings rate of just 25 EUR. SMARTBROKER+: cost-efficient and international trading An addition, a further important functionality is returning to SMARTBROKER+. As of today, SMARTBROKER+ offers trading on the most prominent international stock exchanges such as the USA, Canada and Great Britain. Order fees for these trading venues have been noticeably reduced. Prices are set at 4 EUR per order plus third-party costs - for example 0.01% for Canada (min. 25 CAD), 0.02% for the USA with a minimum of 8 USD, up to a maximum third-party cost of 0.06% of the order volume in Austria (min. 10 EUR). Customer feedback will impact the shape of future product offerings In order to further enhance customer choice, additional product extensions are currently being planned and will soon be added in the future. One special feature: SMARTBROKER+ customers will get an active say in which additional ETFs, single-shares and funds will be included in the savings plan options through their feedback and requests. "We are very pleased with the recent launch of SMARTBROKER+. Today witnesses the first step in the continuous expansion and improvement of our product offering. In addition to the international trading venues, the ETF savings plan offering is an enormously important component. ETF plans are simple, uncomplicated and, compared to an investment in an individual security, less risky; and therefore they are very popular, as the study by the Deutsches Aktieninstitut [1] shows," emphasizes Thomas Soltau, CEO of Smartbroker AG. In fact, more than 50 percent of German equity investors currently invest in ETFs or equity funds. “In addition, ETFs offer a good opportunity to save for the long term and thus provide for old age. That's why we are particularly proud to be able to offer such a wide selection," adds Soltau.
About Smartbroker Group: The Smartbroker Group operates SMARTBROKER+ – a next-generation broker that is the only provider in Germany to combine the extensive product range of classic brokers with the extremely favourable conditions of neobrokers. The Company's Transaction unit also includes the digital fund broker FondsDISCOUNT.de. At the same time, the Group operates four high-reach stock exchange portals through Its Media unit that provide private investors with capital market information (wallstreet-online.de, boersenNews.de, FinanzNachrichten.de and ARIVA.de). With several hundred million monthly page views, the Group is by far the largest publisher-independent financial portal operator in the German-speaking world and maintains the largest financial community. [1] Source: https://www.dai.de/fileadmin/user_upload/230117_Aktionaerszahlen_2022_Grafik_Aktionaere_in_Fonds_ETFs.jpg
01.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Smartbroker Holding AG |
| Ritterstraße 11 | |
| 10969 Berlin | |
| Germany | |
| Phone: | +49 (0)30 20 456 500 |
| Fax: | +49 (0)30 20 456 500 |
| E-mail: | info@smartbroker-holding.de |
| Internet: | www.smartbroker-holding.de |
| ISIN: | DE000A2GS609 |
| WKN: | A2GS60 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1762165 |
| End of News | EQS News Service |
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1762165 01.11.2023 CET/CEST
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