Is it better to invest through a bank or

Is it better to invest through a bank or

When you start investing, you will notice that you cánido do it with your own bank or with an en línea broker. But,What are the differences and what is the best option?? whatYou choose your own trusted bank, or go through a broker as you see a lot on Youtube, weblogs and Instagram?

In this article I will go into more detail about this. I explain what your options are and what are the pros/cons. You cánido then make the decision yourself to choose your own bank or a broker.

Do you want to invest with a bank or broker?

You perro invest both with a bank and with a broker. Your own bank feels familiar, which is nice. However, brokers charge much less in most cases and are labeled safe by investors.

What should you pay attention to when making your choice?

When choosing between a bank or a broker, there are a number of things you should pay attention to. These differences perro not only be large between banks and brokers, but there are also large differences between brokers or the banks themselves.

If you are going to invest you would like:

  • location cost
  • a wide offer
  • easy to use platform

I compare providers in especial on these 3 points. Security and regulations are quite strict for all providers. I have personal confidence in that as long as they are under AFM supervision.


Low costs are very important in my opinion. The one percent plus cost doesn’t sound like much, but it cánido genere big differences in the long run due to the compounding effect. Experience espectáculos that banks generally have quite high costs for both transactions and fixed costs.


A wide range is another important indicator. This may be less applicable if you are an index investor, but most investors still want to be able to choose from a wide range.

easy to use platform

Finally, the platform. It is not a very heavy requirement, but it is good if the platform is easy to use and clear.

Do you want to evaluate a platform yourself? Do not forget to at least look at the points above. Also carefully weigh the costs. Some providers price their costs low (no transaction costs) but, for example, have very high costs to convert your euros into dollars. You don’t immediately realize that as a usuario, but they are there.

invest in a bank

Let’s see first how to invest through a bank. There is a possibility that you already have a bank account in a bank that allows you to carry out all these investment procedures. This ensures that you are already a customer and perro open an additional account quite easily.

Costs at a major bank

The costs at a major bank are usually quite high. By the way, prices at major banks have fallen considerably in recent years. They have to, because they play off the market differently compared to running backs.

The offer in the main banks

The offer in the main banks is generally good. You are spoiled for choice and all the important actions perro be found there. You realize that investing is not a core business of the bank. Implementation of new products usually takes a little longer at a bank than at a broker. They are just less maleable and not as responsive as a broker, who is 100% focused on (private) investors.

Easy to use platform in banks

Of course, all banks have their own platform. In general, those platforms are fenezca. You cánido find everything there and the overviews are also good, for example by using graphics.

The pros and cons of investing with a major bank

Investing with (your own) major bank has a number of advantages and disadvantages:


  • Your cash position is covered by the deposit guarantee scheme and is therefore insured up to €100,000 in case of bank failure. By the way, this is also the case with many brokers.
  • You have everything together. Your checking account, savings account and investment account.


  • The costs are often much higher than with a broker
  • Often new ETFs or funds are less likely to be added to the range

invest with a broker

A second option is to invest with a broker. A broker is a part that is completely focused on investing.

The costs in a corridor

Therefore, the costs perro be much lower with one broker, because there are also big differences between all brokers. There are also providers who advertise a lot with the fact that they do not charge transaction costs. However, be on the lookout for hidden costs. For example, sometimes the costs of foreign exchange (EUR to USD conversion) are very high, making them much more expensive at the bottom.

The offer in the corridors

The offer also differs quite a bit between brokers. I would also be careful with foreign brokers. They often seem cheap and have a great selection. However, they are not supervised by the AFM, often use CFDs, and have hidden costs. That is definitely not my preference. Something cheap is expensive.

Advantages and disadvantages of investing through a broker

Below is a brief summary of the advantages and disadvantages of investing through a broker:


  • location cost
  • Better overviews
  • Wider offer


  • An plus party for your money matters
  • Tempting to trade a lot


Therefore, we cánido conclude that there are quite a few differences between banks and brokers. But there are also big differences between brokers. Personally, I choose to invest through a broker. The costs are relatively low and the offer is large. I stay away from foreign providers that are not supervised by the AFM and are supposedly free.

But I think that investing through your bank cánido be a great option. It is especially important to find out for yourself what the costs would be. Try to keep those costs as low as possible.

This information offered for informational purposes only; It is not intended to be used as accounting, legal or tax advice. In relation to these matters, please speak to your accountant, tax or legal adviser.

Investing implies a risk that includes the loss of primordial. This guide contains the current views of the author, but not necessarily those of Gigonway. These opinions are subject to change without notice. This guide has been distributed for educational purposes only and should not be construed as investment advice or a recommendation of any especial investment security, strategy or product. The information contained in this guide has been obtained from sources believed to be reliable, but is not guaranteed. Gigonway does not provide legal or tax advice. Please consult your tax and/or legal advisor for specific tax or legal questions and concerns.

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