Leader in online brokerage, Boursorama does not want its competitors, such as young fintechs, to be the only ones to offer a competitive offer. To align, the French establishment launches its counter-attack: BoursoMarkets. On the menu, 40,000 investment products, available without charge or conditions. In a press release published today, we learn that all mobile banking customers will be able to access it tomorrow, February 17.
No-fee structured products
Opposite, the German Trade Republic continues to gain ground when it claimed one million customers in just two years of operation. Boursorama Banque, which has been the cheapest bank for 14 years now, does not want competition on free services. This is why this offer to invest in the stock market will not charge customers any additional fees. Zero brokerage fees, exchange fees, or conditions to access it.
That said, be careful not to see it as a free transaction for the purchase of action. For the moment (no index proves the opposite), Boursorama Banque continues to charge customers who choose to invest in the stock market by buying shares. Purchases of structured products, which the bank issues, or which other leading players in their asset class offer, such as BlackRock and Goldman Sachs, will be available free of charge.
We thus find among the investment products of BoursoMarkets:
Turbos, Warrants and Certificates (products of Société Générale, Goldman Sachs)
UCIs (BlackRock, Amundi, Edmond de Rothschild Asset Management, ODDO BHF, Sycomore AM)
Apple Pay, Google Pay
Free premium card
Free payments abroad
Note that Warrants are excellent products for investing money on the stock market. Boursorama clients will benefit from products issued by Société Générale, the parent company of Boursorama, which has a great reputation. They will give you access to many underlyings, such as shares (French and foreign), currencies, indices and even commodity prices. Ideal for diversified, quality investments.
The advantages of brokerage at Boursorama
Financial investments at Boursorama are therefore even more competitive and advantageous, as the establishment already offered very low prices for the purchase of listed shares. Unlike many of its competitors, which go through partners and offer synthetic shares, Boursorama offers you to deal directly on the market and not to fear disguised commissions.
Discover Boursorama Bank
For its share purchase services, Boursorama Banque offers four types of possible formulas to its clients, from beginner (with the Discovery or Classic offer) to confirmed (with the Trader or Ultimate Trader offer). In 2021, its services enabled it to carry out 7.3 billion executed orders, for a volume of 30 billion euros traded. For less than 2 euros on each share purchase transaction and with free structured products, there is no doubt that Boursorama will continue to dominate the market.