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Ideal for those new to investing, Peaks is a Dutch investment platform that offers four ready-made portfolios to simplify the process for you.
There’s a flavour for each aspiring investor — from the Cautious plan, with yearly returns of around 4.4%, to the Adventurous plan, with yearly returns of around 6.9%.
Not keen on opting for one of the standard portfolios? No problem, as the Peaks app also allows you to put together your own selection of ETFs, ETPs, or ETCs.
Whilst Peaks doesn’t offer as wide a range of investments as some of its competitors or provide as in-depth features, its user-friendly app and straightforward financial overviews make the investment process a breeze.
In addition to this, when it comes to teaching your kids about money, there’s no better time than the present — a sentiment that Peaks embraces wholeheartedly with their Children’s Account.
As one of the only investment apps with features for children, Peaks offers parents a tax-free way to save up for their little one’s future with automatic investments and ready-made portfolios.
Even better? The Peaks app allows you to future-proof your investments by creating a Retirement Account for your pension, with hefty tax benefits ranging from 37-49%.