3 best ETF platforms for Polish investors

ETF (Exchange Traded Fund) or in Polish index ETF is a collection of assets such as stocks, bonds, currencies, futures or commodities (such as gold bars) that uses arbitrage to keep trading close to its net asset value. ETFs most commonly replicate the performance of a specific stock index, such as the S&P 500, WIG20, or NASDAQ. They offer investors the opportunity to diversify their portfolio, thereby reducing risk, and require only one investment.

An example of the results of 5 ETFs from the last ten years: 

• VUG - Vanguard US LargeCap Growth
• VOO – Vanguard S&P 500
• QQQ - PowerShares Nasdaq-100 Index
• LVHD – Legg Mason Low Vol High Div ETF
• AVUV – Avantis US Small Cap Value ETF (Active)

(Source: etfreplay)

In the following article, we present reviews of the three best platforms where you can invest in ETFs.

freedom24

(Source: freedom24)

freedom24 is an online investment platform and the European subsidiary of Freedom Holding Corp.

The Freedom24 offer includes ETFs and individual funds stockor bonds, as well as futures contracts - on 15 different exchanges. Their unique advantage is access to IPOs that have been carefully selected by internal analysts.

Freedom Finance Europe Ltd (a subsidiary of Freedom Holding Corp) is the only EU-based stockbroker listed on NASDAQ that allows retail investors to participate in IPOs of big players (such as Airbnb, Snowflake, Robinhood).

Charges

After the 30-day trial period, you must choose one of the four below price plans (you can change it later):

• Smart: no monthly fee, $/€0,02 commission for US, European and Asian stocks and ETFs (minimum $/€2 per trade)
• Fix: €10 monthly fee but lower trade commissions: $/€0,012 commission for US, European and Asian stocks and ETFs (minimum $/€1,2 per trade)
• Super: the monthly fee is €200 and gives you the lowest trading commission: $/€0,008 for stocks and ETFs from the US, Europe and Asia (minimum $/€1,2 per trade)
• All inclusive: no monthly fee, trading commissions are 0,50% of the trade value + $/€0,012 commission for US, European and Asian ETFs (minimum $/€1,2 per trade)

Customers can fund their trading account free of charge using a bank account or debit card.

Freedom24 trading instruments and tools

The individual investor can engage in stock trading on over 35 stocks in addition to exchange-traded funds, bonds, options and futures on 000 global stock exchanges.

We also find here useful tools to support investors, including:

• Market depth and tick charts
• Technical financial ratios and analysis
• Price charts: candlesticks, bars and lines
• Stop-loss and take-profit options
• Trade event alerts
• Automatic calculation of investment statistics
• Performance chart for your portfolio
• Backtesting of technical analysis strategies

SAX

(Source: Sax)

Saxo Bank is a multi-asset broker with an excellent trading platform and a wide selection of over 60 trading instruments.

For active traders (or those who can afford to maintain high account balance requirements), Saxo Bank provides a rich trading experience with a wide selection of tools, research and premium features.

Charges

Saxo Bank fees are mid-range, with a rating BrokerChooser of 3. Trading fees are average for stocks and ETFs: $0,02/share; min USD 10, but with VIP prices the minimum amount can be as high as USD 3. The minimum deposit is $2,000.

Saxo does not charge fees for deposits and withdrawals. However, please note that after 6 months of inactivity on our account, we will be charged $150.

They also charge a currency exchange fee for all transactions on instruments in a currency other than the one assigned to your account. The fee is calculated as follows: FX spot rate +/- 1% on the Classic account, 0,75% on the Platinum account and 0,5% on the VIP account.

Saxo Bank trading instruments and tools

Saxo Bank's flagship trading package includes SaxoTraderGO (mobile devices) and SaxoTraderPRO (desktop).

While the SaxoTraderGO web application is designed to be as easy to use as possible, it also provides advanced trading and charting capabilities. Watchlist, screener, and alerts work well together. SaxoTraderPRO looks and feels similar to SaxoTraderGO, but the PRO platform offers a wider range of professional trading features. 

E-Toro

(Source: eToro)

eToro is a good choice for those interested in cheap stock trading, CFDs, forex and cryptocurrencies. Using an easy-to-use mobile application or from a browser. 

Charges

eToro explains its fee structure on its website, but far from it transparency. When you transact, it's not clear what you're actually paying for. Unlike other platforms that clearly display the fee, on eToro everything is automatically built into the price you see on the screen. You can check their fees by comparing the price eToro quotes for the asset with the price of the asset on other trading platforms.

Trading instruments and tools

Ease of use and simplicity of design are at the heart of the eToro online platform, and performing basic operations is simple and fast. Traders gain access to features such as the ability to create watchlists, or the ability to add instruments by searching for available markets.

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Risk Warning: Investing in securities and other financial instruments always involves the risk of capital loss. Neither forecasts nor past performance are reliable indicators of future performance. Do your own research before making any investment. If necessary, you should seek independent investment advice from a certified investment specialist. Buying shares at IPO prices may be subject to additional restrictions.