I want to set up a monthly standing order to buy ETFs. I did some research and I was interested in ETFs that Aviva and Friends First offered, which would allow investment via standing order . However when I contacted both firms, both them said I must go through a broker which will incur costs.
My question is there any firm that I can set up monthly ETF with and avoid a broker in the setup ?
Whiz....
You don’t set up the standing order with Degiro you set up the standing order with your bank simply instructing them to send X euros worth of cash every month to DEGIRO. From there it is extremely easy and quick to purchase a share using the DEGIRO platform.
Just bear in mind that most of those products from life companies, even where it's invested in a listed security, attract a government levy, so you're 1% down straight away before fees.