Can you buy ETFs at Erste Broker?
ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at Erste Broker, and if yes, under what conditions.
ETF trading is available at Erste Broker, but you have better options when it comes to trading fees and market access. See the best choices or read on for a detailed analysis.
I've tested dozens of brokers with my analyst colleagues, including their ETF trading features. We traded ETFs at Erste Broker and were not impressed; here's why:
- Erste Broker has a below-average ETF trading score based on fees and available products.
- ETF trading fees at Erste Broker are average.
- You can invest in 638 ETFs at Erste Broker, which is below the industry average.
- Browse our top list of the best ETF brokers to find an alternative to Erste Broker.
Before we begin, let's see if Erste Broker is available in your country
Erste Broker has a below-average ETF trading score
Want to know if Erste Broker is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.
Erste Broker ended up with a pretty underwhelming ETF score of 3.0 stars . That's definitely below average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how Erste Broker stacks up against some of its closest competitors:
Broker | ETF score |
---|---|
Erste Broker | 3.0 /5 |
Interactive Brokers | 4.8 /5 |
KBC Equitas | 3.1 /5 |
ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.
ETF trading fees at Erste Broker are average
Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?
Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.
Costs charged by Erste Broker for trading ETFs are average.
💰 Erste Broker ETF trading fees class | Average |
💰 Erste Broker withdrawal fee | $0 |
💰 Erste Broker minimum deposit | $0 |
💰 Erste Broker inactivity fee | No |
📃 Erste Broker deposit methods | Bank transfer |
Data updated on December 10, 2024
ETF selection at Erste Broker
Let's take a close look at the ETFs offered by Erste Broker. We want to see if their selection is good enough to meet the needs of different types of investors.
There are 638 ETFs available at Erste Broker, which is not a wide selection. This can make it more challenging to diversify your portfolio.
Check out Erste Broker in detail and browse top alternatives
Want the inside scoop on what it's really like to trade with Erste Broker? Be sure to read BrokerChooser's Erste Broker review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on Erste Broker instead of just marketing fluff.
Erste Broker is not the best option for trading ETFs; to find a better alternative, check out our top list of the best ETF brokers in your country.
Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Stock trading at Erste Broker: an expert guide and rating
- Erste Broker penny stocks trading conditions explained
- Erste Broker fractional shares trading conditions explained
- Are margin interest rates low at Erste Broker?
- Erste Broker cash interest rate
- Erste Broker Mexican stocks trading availability
- Erste Broker US stock trading details
- Erste Broker Australian stocks trading availability
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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.