Are you interested in the stock market but don’t know where to start? Are you on a tight budget and want to get the most out of it?
Then you might be interested in Fortune’s new offer for the stock market!
Starter Formula: for a gentle start
✅ Fortuneo is an excellent everyday online bank (See our review of Fortuneo). Maybe even the best, it depends on your needs. And it seems that it could also become a reference for starting investments in the markets…
In addition to bank investments such as regulated savings accounts (Livret A, LDDS, etc.), Fortuneo offers a securities current account (CTO) and above all PEA and PEA-PME with favorable taxation*. We already noted the quality of their PEA in our comparison for its low cost. But from March 2024 it gets even better!
Fortuneo now offers you with its Starter plan:
- No fees for 1st order less than or equal to €500 every month.
- Otherwise 0.35% per order.
- No escrow fees or account maintenance fees, no limits.
- You do not need to open a Fortuneo current account.
➡️ It’s a formula that seems to me perfectly suited for small budgets and for setting a DCA strategy².
Additionally, if you already have a PEA open at your traditional bank, no need to close it with the risk of losing the tax preference. You can transfer it and Fortuneo will cover the transfer costs (up to €2,000 for the first account transfer with a minimum outstanding amount of €5,000). Knowing that PEA transfer fees are limited by law to a maximum of €150¹.
🚨 And that’s not all, because right now Fortuneo is also offering you 100 orders!¹
¹See terms and conditions on the Fortuneo website.
*See taxation valid from 01.01.2024, subject to change.
For advanced traders
If you have a bit of trading experience or a more comfortable budget, Fortuneo has not forgotten you. The online bank offers two options with attractive fees for larger orders (on Euronext).
Formula of progress :
- €4.90 per order less than or equal to €3,000, within the limit of the legal maximum allowed on PEA/PEA PME (0.50%).
- 0.15% for higher order.
Trader Pro Formula:
- EUR 9.50 per order less than or equal to EUR 10,000, within the limit of the legal maximum allowed on PEA/PEA PME (0.50%).
- 0.10% for higher order.
Perhaps these figures do not mean anything to you, so let’s compare them with the figures of a traditional bank, for example BNP Paribas³:
| Fortuneo: Starter Formula | Fortuneo: The Formula of Progress | Fortuneo: Trader Pro Formula | Start of BNPP | Active BNPP | |
| Envelope charges | |||||
| Inactivity Fees | €0 | €0 | €0 | €0 | €0 |
| Custody rights | €0 | €0 | €0 | According to the value of the portfolio Up to €50,000: 0.40% From €50,001 to €150,000: 0.20% Above EUR 150,000: 0.10% +To the delivery line: 5 EUR/year By registered account or deposit abroad: €25/year |
Same as Start offer, but free with 50 orders per year |
| Withdrawal fees | €0 | €0 | €0 | €0 | €0 |
| Subscription | €0 | €0 | €0 | €0 | €150/year Free with 50 orders/year |
| Brokerage fees (Euronext) | |||||
| Order €500 | 1/month for €0 Otherwise 0.35% or 1.75 EUR |
€4.90 at CTU 0.50% per PEA or €2.50 |
€9.50 at the CTU 0.50% per PEA or €2.50 |
€5 per CTO 0.50% per PEA or €2.50 |
€5 per CTO 0.50% per PEA or €2.50 |
| Order €1000 | 0.35% or €3.50 | €4.90 | €9.50 at the CTU 0.50% per PEA or €5 |
€10 at the CTU 0.50% per PEA or €5 |
€5 |
| Order €3000 | 0.35% or €12.25 | €4.90 | €9.50 | €10 | €5 |
| Order €5000 | 0.35% or €17.50 | 0.15% or €7.50 | €9.50 | 0.50% or €25 | 0.25% or €12.50 |
| Order €10,000 | 0.35% or €35 | 0.15% or €15 | €9.50 | 0.50% or €50 | 0.25% or €25 |
| Order €20,000 | 0.35% or €70 | 0.15% or €30 | 0.10% or €20 | 0.50% or €100 | 0.25% or €50 |
| Order €50,000 | 0.35% or €175 | 0.15% or €75 | 0.10% or €50 | 0.50% or €250 | 0.25% or €125 |
➡️ In short, Fortuneo now offers very competitive pricing for the European stock exchange (Euronext)and more specifically on its PEA, which appears at the top of our rankings.
But when it comes to securities account and foreign exchange, it is possible to find betterespecially on specialized trading platforms, check out our comparison of the best online brokers or this complete broker comparison.
Fortuneo investment universe
It’s good to have very low fees, but you still need to find what you’re looking for in the assets offered for exchange. Fortunately, Fortuneo offers you a fairly wide investment universe, including:
- 1700 funds at negotiated rates (0% to 1% entry fees). They can be interesting for easy diversification of your portfolio.
- The 719 SRD ETF offers you the opportunity to invest leveraged and/or short.
- And above all, 240 PEA-eligible ETFs.
✅ In short, it seems to me more than enough to have a well-diversified portfolio at lower costs. Especially since ETFs allow you to get around the PEA restrictions, which basically only have to hold European securities. More information here.
Do you lack inspiration? Typical portfolios offer a profiled selection of securities (Defensive, Value, Growth, Momentum 7, Nasdaq 10). The permissions are listed for information only and you may or may not follow these recommendations.
Likewise, you can completely delegate the management of your portfolio with Mandate Management. But it is accessible from an investment of €30,000.
Mandated Management presents a risk of capital loss.
➡️ More details on the Fortuneo website.
There are a number of free tools available
In addition to a very clear and easy-to-use interface, even for beginners, Fortuneo offers you several other tools to improve your daily life.⤵️
Market Access page
This site allows you to follow financial news (IPOs, index developments, stock prices, etc.), get technical analysis and recommendations (in cooperation with a screener, example here), search stocks, etc.
The first risk of any investment is a lack of information, so do not hesitate to use this tool before investing in a security or index.
➡️ Discover the Market Access page on Fortuneo.
Live Trader trading platform
Fortuneo provides you with the trading software: Live Trader.
Although it is not the most complete tool, it is still more than enough to start technical analysis. Here is a short video presentation. ⤵️
Conclusion: a great offer for the event!
✅ In short, the new Fortuneo exchange offer allows you to do just that free trade once a month to your PEA or securities checking account. From our point of view, it is the best online bank for stock market investing.
If you are hesitant to get started, this is an excellent opportunity to start investing in the stock market, for example after completing our free 7-day training course. With the possibility of subsequent use of advanced tools and techniques².
🚨 And don’t forget: right now Fortuneo offers you your first 100 orders and refunds for transfer fees (up to €2,000 for the first account transfer with a minimum outstanding amount of €5,000)! Terms and conditions can be found on the Fortuneo website.
² Opinion formulated by the editors of Finance Héros. Fortuneo, the sponsor of this article, does not provide any investment advice.
³ Study conducted by Finance Héros on November 3, 2024. The information provided is as of 03/11/2024 and is subject to change.
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