We found 11 online brokers that are appropriate for Trading Ethical Robo Advisors.
Lately, more investors are showing interest in ethical robo advisers. A study by CompareBrokers.co revealed that three-fourths of surveyed investors either were interested (or potentially interested) in the so-called, 'ethical robo advisers'. The findings also added that more than half of the total investors under 45 said they would consider ethical investments.
Robo advisers are boosting ESG. In recent days, the United Kingdom's 'Nutmeg' robo adviser launched several socially responsible portfolios. Similarly, 'Wealthify' released a couple of risk-targeted ethical portfolios, and 'Moola' came up with its own version of an ethical option at the beginning of the year 2020.
Ethical Screening senior researcher, Raechel Kelly, said it is believed to be the beginning of some exciting growth periods and the new platforms are disrupting the models of old businesses. With low fees for investment, the industry has more potential to attract more investments.
According to Kelly, one must understand what portfolios do, and what they do not do, in the robo advising process. Similar to the mainstream offerings, ethical portfolios invest in passive and inexpensive funds that are invested in products excluded from negative screening.
Ethical investing is now being termed as ESG, and the algorithms followed are environmental and social policies. The 'Nutmeg' portfolios use the same criteria, set by 'MSCI', the global benchmark aggregator. It uses ETF to track the main markets. It screens out companies dealing with controversial things, like weapons and tobacco.
Some of the ethical robo advisers use ETFs based on the criteria set by 'MSCI' ESG and invest based on exclusions. However, impact and sustainable funds invest based on outcomes, which could be Co2 emissions reduction or decreasing road traffic deaths.
This means that impact and sustainable funds can measure the impact to some extent. Fund managers could be in a position to reveal whether the investment is helping in the reduction of road traffic deaths or carbon emissions.
ETFs on the other hand fail to measure the positive impact of the investments. They simply track shares of a plethora of companies.
Ethical robo advisers 'Moola', 'Wealthsimple', and 'Nutmeg' are doing something better for the world by opening up the financial markets to less-wealthy investors. However, if the algorithm is ETF-based, it is not easy to know how the investment would achieve the best ESG. Hence, much work is to be done in order to embrace a holistic path of assessing investments.
Of course, not everything is perfect with ethical robo advisers. Many dislike the concept of ethical investing. They argue it is just based somewhere around a personal moral code. Moreover, the ethical theory of one investor may not be the same as another investor.
The area is a bit complex. The 'Phillip Morris' cigarette giant makes 0.53 percent of America's S&P 500. BP and Shell make 15.43 percent of the FTSE 100.
Investors can decide how to invest, and they can choose whether to use 100 percent of their portfolio. They find ethical robo advisers convenient and easy. They also believe a healthy return can be earned from the investment.
But the basic focus is to take advantage of conscience-based investing to promote a better labor practice, a healthy environment, greater energy efficiency, and several more 'socially desirable' outcomes. More to this, investors can start with very little capital (from just a few dollars). The fee is also low, and it is usually less than 1 percent a year.
Ethical robo advisers have gained immense popularity in recent years, and many fund managers are following the ESG concept. Companies like 'Moola', 'Wealthify', and 'Nutmeg' have lately launched several risk-argeted ethical portfolios and industry experts believe it is the beginning of an exciting growth period.
Unlike mainstream investment, the ethical robo advisers require less capital and incur lower fees. With such features, more investors are getting attracted.
However, there are two sides to ethical robo advisers and many dislike it. They argue it is simply based on a personal moral code.
Beginners and young investors are suggested to read the reviews of service providers before signing up. All the ethical robo advisers may not be following the same theory. Hence, it is important to know where the money is being invested and how.
We have conducted extensive research and analysis on over multiple data points on Ethical Robo Advisers to present you with a comprehensive guide that can help you find the most suitable Ethical Robo Advisers. Below we shortlist what we think are the best Ethical Robo Advisors after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Ethical Robo Advisers.
Selecting a reliable and reputable online Ethical Robo Advisors trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Ethical Robo Advisors more confidently.
Selecting the right online Ethical Robo Advisors trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Ethical Robo Advisors trading, it's essential to compare the different options available to you. Our Ethical Robo Advisors brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Ethical Robo Advisors broker that best suits your needs and preferences for Ethical Robo Advisors. Our Ethical Robo Advisors broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Ethical Robo Advisors.
Compare Ethical Robo Advisors brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Ethical Robo Advisors broker, it's crucial to compare several factors to choose the right one for your Ethical Robo Advisors needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Ethical Robo Advisors. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Ethical Robo Advisors that accept Ethical Robo Advisors clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | FXPro | Admiral |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 100 | 200 |
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Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 1,866,000+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with nordfx |
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Up with easymarkets |
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Up with fxpro |
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Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
FxPro Demo |
Admiral Markets Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Ethical Robo Advisors ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Ethical Robo Advisors for 2024 article further below. You can see it now by clicking here
We have listed top Ethical Robo Advisors below.