How to Buy ETFs with Boursorama

Can I Buy ETFs with Boursorama?

Yes, Boursorama gives you access to a wide range of ETFs, covering major indices like the CAC 40, S&P 500, NASDAQ, and FTSE 100. It’s a solid choice if you're looking to diversify into global markets.

However, fees could be a drawback. The 0.20% commission and spreads exceeding 1.2% make it more expensive than some competitors. If you're planning to invest in ETFs like the S&P 500, it’s worth considering how these fees may eat into your returns.

‍

How to Buy ETFs with Boursorama

Boursorama lets you buy ETFs easily, but if you're after more choice and a smoother experience, eToro might be the better option. With over 4,500 assets and trusted by more than 30 million users across Europe and globally, it offers a wider range of ETFs and a simpler interface.

Here’s how you can get started on eToro if you want a more tailored experience:

1. Create an Account: Visit the eToro site, sign up, and complete the identity verification process for security.
2. Deposit Funds: Go to the 'Deposit Funds' section, select your currency, and choose a payment method like SEPA to fund your account.
3. Select ETFs: Browse eToro's wide ETF selection to find options that fit your strategy.
4. Invest: Once your account is funded, invest in your chosen ETFs directly through the platform.

‍

ETF Investing Fees

Boursorama's fees for ETF investing are on the higher end, with average charges hitting up to 1.45%. These fees can eat into your returns, making it a costly choice for investors over time.

eToro, by comparison, offers a much more wallet-friendly approach. No commission fees on trades and an average spread around 1% make it a better option for those wanting to keep costs down while accessing a wide range of assets.

‍

Is Boursorama Bourse Good for ETFs?

For investors in France, Boursorama Bourse may not be the best option for ETFs. The platform comes with relatively high transaction fees, a monthly maintenance charge, and a limited selection of ETFs.

Despite its regulation by the Autorité de contrôle prudentiel et de résolution (ACPR), these costs can chip away at your returns, making it less ideal for those aiming to optimize investment efficiency. If you're focused on keeping fees low and maximizing gains, Boursorama's structure might not work in your favor.

‍

Bottom Line

In summary, Boursorama gives you access to ETFs, but its higher fees and limited range might eat into your returns. If you're looking for a cost-effective, broader selection, eToro is a smarter pick with no commissions and lower spreads.

Ultimately, weigh the fees and options carefully to see which platform aligns with your investment goals.