StashAway is a Singapore-based investment company that has made a name for itself through its unique offerings.
- User-friendly platform for investment
- Thematic portfolios with cutting-edge technology
- Reliable and responsive support service
- Features Robo-advisors
- Low investment charges
- The Robo-advisor feature makes you lose control of your activities, and there are no alterations you can make should you disagree with its services.
- Charges currency conversion fees when transacting with other currencies other than the USD and EUR
- No demo account
With more offices in Malaysia, Hong Kong, MENA, and Thailand, the broker strives to continue offering excellent services to its clients globally. StashAway combines financial planning with wealth management to ensure you maximise your potential in the financial markets. The assets provided for investment are multiple ETFs on a wide array of assets, including shares, bonds, and commodities.
StashAway – Who Are They?
StashAway was founded in 2016 as a Robo-advisor investment firm. Since then, the company has continued to create transparent investment products to help you maximise your chances of making a profit.
The broker is safe in that it stores your funds in a segregated account. It is also regulated in the Singaporean market by the Monetary Authority of Singapore (MAS), which is one of the world-renowned global authorities.
StashAway is the best broker for newbies who are trying to get familiar with the financial markets. This is because it is user-friendly and has a straightforward account opening procedure. Although it doesn’t offer a demo account, you will have access to excellent learning resources on its StashAway Academy to give you the confidence you need in making informed decisions.
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Our Opinions About StashAway
We conclude that StashAway is a Robo-advisor investment broker to rely on. It also has diverse ETF offerings, meaning that you have options to choose from with the broker. In addition, we like its recently introduced thematic portfolios that allow investors to try their luck in markets with higher growth potential.
StashAway doesn’t have a minimum deposit requirement, and the fees charged for investments are also low. So, no reason can limit you from trying this broker unless you are looking for third-party platforms like the MT4 and MT5, which are currently not supported on StashAway.
We also noticed that you could open multiple portfolios on this broker at no extra charge. The customer service is also one of the best we’ve experienced even though it operates for only six days every week. Feel free to reach out to its professional staff via phone, email, WhatsApp, and messenger. Unfortunately, they haven’t featured the live chat, which is kind of a disappointment on our end.
Ultimately, StashAway is one of the best Robo-advisor investment brokers we’ve experienced so far. We appreciate its efforts in offering excellent services at low costs and highly recommend it to low-budget investors looking for advanced features.