Can anybody share any experiences with any of the above websites
My brother does mf trading through investa . It’s a direct trading platform which reduces the 1 % to 1.5% commission u pay to the intermediaries as commission . Ux is good on investa web app . Free investments upto 50k then they have a monthly subscription model . I think it’s 799 a year ( 799/12 pm ) if u don’t opt for robot advisory services and a bit more if u add the robo advisory services ( I think is around 100 a month ) . Robo advisory I tried it generates a risk profile . Asks u simple questions like the amount u want to save , for what purpose , ur risk appetite and gives u a list of funds u can invest into at a given point of time with how much weightage into each one . It’s a good service if u don’t want to research too much into which is the best portfolio for ur needs. Also I think that if their recommendations don’t outperform the average mf category to which the funds belong then they waive their monthly subscription fees .
This is all I know about investa and it’s through my brother . I am planning of opening one for myself once the market falls a bit so I would also like to hear others take on this . Also their kyc process is all online