Indexa Capital
Madrid index-fund robo-advisor with automatic rebalancing and indexed pension plans
Quick Overview
| Company | Indexa Capital AV, SA |
|---|---|
| Category | Robo-Advisors |
| Headquarters | Madrid, Spain |
| Founded | Not stated |
| EU Presence | Yes - Spain (EU) |
| Data Location | not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Index-fund portfolios by risk profile, automatic rebalancing, indexed pension plans, EPSV plans |
| Pricing | Average total cost 0.527% a year for fund portfolios; minimum EUR 1,000; pension plans and EPSV from EUR 50 |
| Best For | Spanish residents who want index-fund portfolios and indexed pensions |
| Replaces | Betterment |
Detailed Review
Indexa Capital is a Spanish automated investing service run by Indexa Capital AV, SA, NIF A87409728. The homepage names it as a registered agency, no. 257, supervised by the CNMV, with an address at Calle Serrano 213 in Madrid.
Indexa Capital matches an index-fund portfolio to the risk profile of the investor and rebalances it automatically.
Index-fund portfolios at Indexa Capital
Indexa Capital builds automated portfolios of index funds from a risk profile. The portfolio is rebalanced automatically.
Indexa Capital costs
The homepage states an average total cost of 0.527% per year for fund portfolios. That is made up of about 0.338% management fee, 0.093% custodian fee and 0.096% fund costs.
The cost figures come from the homepage, not from a separate pricing page.
Pension plans at Indexa Capital
Indexa Capital offers indexed pension plans custodied at Cecabank, and EPSV plans for Basque Country residents. Pension plans and EPSV start from EUR 50.
Limitations to Consider
Indexa Capital fund portfolios require a EUR 1,000 initial investment, with six months to reach it after activation. The Spanish fee and product range suits Spanish residents, since pension and EPSV products are tied to Spanish rules. The average total cost of 0.527% is above the 0.25% base tier that Betterment lists. Hosting is not stated on the pages we read.
Who Should Use Indexa Capital
Residents of Spain who want index-fund portfolios and indexed pension plans from a CNMV-supervised agency.
Pros and Cons
Pros
- CNMV-supervised agency with NIF and number published
- Cost breakdown given on the homepage
- Automatic rebalancing
- Indexed pension plans from EUR 50
- EPSV plans for Basque Country residents
Cons
- EUR 1,000 minimum for fund portfolios
- Product range tied to Spanish rules
- Average total cost 0.527% a year
- Hosting not stated on the pages we read
Alternatives to Indexa Capital
Other European robo-advisors worth comparing before you decide:
Scalable Capital
Germany · Munich broker with savings plans and own ETFs
quirion
Germany · Berlin robo-advisor with managed ETF portfolios
InvestEngine
United Kingdom · UK ETF platform with free DIY and managed portfolios
Moneyfarm
United Kingdom · London managed portfolios with a DIY option
See all European robo-advisors or compare them directly against Betterment on our alternatives page.
Frequently Asked Questions
Yes. Indexa Capital AV, SA in Madrid is supervised by the CNMV and builds automated index-fund portfolios from a risk profile.
The homepage states an average total cost of 0.527% a year for fund portfolios, made of about 0.338% management, 0.093% custody and 0.096% fund costs.
Fund portfolios need EUR 1,000, and pension plans and EPSV start from EUR 50, according to the homepage.