Businesses and individuals expect returns from every walk of life. These returns have a wide range, however, there are risks associated with them. There are investment platforms designed to advise investors on various options to withdraw suitable returns.
Financial wellness is the need for customers to ensure future readiness. The aim of designing investment platforms is to raise awareness with various options. Investment enthusiasts are always on the lookout for new opportunities. These platforms provide them with the necessary information and enabling to make suitable investments. The financial sector offers investment platforms that have been integrated with banking institutions to cross-sell products.
Lets us now understand the types of investment platforms with their features:
Nutmeg
It is one of the first new-gen robot-investor platforms available on mobile apps. The platform gives you options to open a bank account, a pension account, a stocks account, and an investment account. Moreover, the platform allows the investor to create his portfolio in three different ways. The lowest cost is involved with fixed allocation portfolios providing a mix of investment assets.
A slightly expensive is Nutmeg’s fully managed portfolio and the last is the involvement of brokers wherein trading takes place.
Evestor
If you are looking for a site that offers simple investment portfolios, you should you must visit Evestor. It offers three types of portfolios low, medium, and high-risk portfolios. The investor can invest through stocks and shares ISA, a pension, or an investment trading account. Moreover, there are no extra charges.
Vanguard
The platform is the cheapest way to invest. Vanguard is an American-based fund management group and has branded itself to be a discount online brokerage. It has earned fame to provide the best value to the transaction on both sides of the trade. However, investors suggest that the dealings should be done with advice from a consultant.
HSBC
It is a high-street name for investment that is worth considering. The platform offers risk levels at 5 stages. There are options of investments available on the website and the investor can choose from the same.
Fidelity
The platform offers a readymade investment portfolio and it offers investors a host of opportunities to be a master in investments. The platform offers diverse techniques of investment. A kickstart in investment can be done on this platform as it serves as a “Pathfinder” in the investment arena. The platform offers a mobile app for easy accessibility.
The above list indicates various options available to enter the investment arena. However, the decision rests upon the user considering the portfolio he wants to build.
Being equipped with various market opportunities the investment options can be studied accordingly. On the other hand, some platforms offer investment advice through third-party websites or in-house services.
The final word
Being equipped with the right tools can fetch the expected returns. In the process of investing one has to keep in mind the risks associated with each option and build his portfolio accordingly.
This can be done through financial advisors and other research techniques whichever feels fit.
