Our Verdict
Quirion has a higher rating of 4/5 compared to Peaks (3.8/5). Quirion is BaFin-regulated, while Peaks is supervised by AFM. Quirion has been in the market since 2013, making it the more experienced provider.
Comparison Table
| Criteria | Peaks | Quirion |
|---|---|---|
| Rating | 3.8/5 (620 reviews) | 4/5 (750 reviews)✓ |
| Regulation | AFM | BaFin |
| Fees | €1 or €2 per month + 0.5% p.a. fund costs | 0.48% p.a. management fee, ETF costs from 0.15% p.a. |
| Min. Deposit | 1 € | 1 € |
| Instruments | ETFs, ETF-Portfolios | ETFs, ETF-Sparpläne |
| Platforms | Peaks App | Quirion Web, Quirion App |
| Options Trading | No | No |
| Founded | 2016 | 2013 |
| Headquarters | Amsterdam | Berlin |
Detailed Comparison
Fee Comparison
Peaks: €1 or €2 per month + 0.5% p.a. fund costs. Minimum deposit: 1 €.
Quirion: 0.48% p.a. management fee, ETF costs from 0.15% p.a.. Minimum deposit: 1 €.
Product Range
Peaks (2 categories)
Quirion (2 categories)
Trading Platforms
Peaks
- Peaks App
Quirion
- Quirion Web
- Quirion App
Regulation & Security
Peaks is regulated by AFM (HQ: Amsterdam).
Quirion is regulated by BaFin (HQ: Berlin).
Who Is It For?
Peaks
Micro-investing app with automated savings and ETF portfolios
✓ Automatic investing through rounding up card payments
✓ AFM-regulated in the Netherlands
✓ Ideal for beginners and micro-investing
✗ Flat monthly fee disadvantageous for small amounts
✗ No individual stock selection possible
Quirion
Digital robo-advisor from Quirin Privatbank with automated investment
✓ From Quirin Privatbank – BaFin-regulated full banking license
✓ Automated ETF investment with scientific approach
✓ Low management fee of 0.48% p.a.
✗ No active trading possible, robo-advisor only
✗ Limited customization options
Frequently Asked Questions
Is Peaks or Quirion cheaper?
Which broker offers more products: Peaks or Quirion?
Which broker is better regulated?
Is Peaks or Quirion better for beginners?
Peaks vs Quirion: Which broker is better overall?
Peaks
Micro-investing app with automated savings and ETF portfolios
Open Account →From 1 € min. deposit
Quirion
Digital robo-advisor from Quirin Privatbank with automated investment
Open Account →From 1 € min. deposit