Safety & Costs
Your Money is Safe With Us.
With money, safety is everything. At froots, your money is kept safe at our Austrian partner bank Schellhammer Kapital Bank. In the unusual case that something would happen to froots or our partnerbank, your money will always be yours. You are free to withdrawal money or close your account for free and at any time.
Please note: Investments in capital assets always involve risks in addition to opportunities, which we explain here. With our investment approach, we aim to achieve a risk/return profile that aligns with your individual preferences.The Safety and Flexibility that Your Deserve
Austrian Bank Account
You will get your own account (IBAN) at our partner bank, Schellhammer Kapital Bank. Only you will always have access to this account.
No Lock-in
You have the freedom to close your account whenever this suits you. Closing your account is free.
Flexible Withdrawals & Payments
You can always withdrawal money from your account and payment plans can be adjusted and paused at any time.
Licensed under the FMA
froots holds the big asset management license and is regularly audited by the Financial Market Authority of Austria (FMA).
Your money is Save
Cash positions fall under einlagensicherung, and your investments are sondervermogen. This means that in the unlikely case that something would happen to froots or our banking partner, your assets are safe.
Always access your money
You will always have access to your money, whenever you need it. It will safely lay in your investment account in your name.
One Simple Fee
froots charges a single fee of 1% over assets under management that decreases over time and with growing assets under management.
Automated tax filing
Austrian customers will never have to take care of their own taxes, because froots is so-called “Steuereinfach”.
One simple fee and no surprises
In the long run, investing has always made sense. The longer you stay with us, the lower our fees become.
Was unsere Kund:innen sagen
Sol Medina
★ ★ ★ ★ ★
Finally, an easy and secure way to invest if you don't know where to start. Thank you, froots team!
Prinelix
★ ★ ★ ★ ★
Froots is definitely in a class of its own. I wonder why no other financial institution has copied it yet.
Regina Siska
★ ★ ★ ★ ★
I did a lot of comparing. With froots, the price-performance ratio is just right. I can highly recommend their services!
Theresa
★ ★ ★ ★ ★
If I had known investing was this easy, I would have started a long time ago. Thank you, froots.
Paulina Krause
★ ★ ★ ★ ★
After the informational meeting, I was finally sure that I want to invest with froots. Thank you for the very enlightening meeting at your office!
Anna Zimm
★ ★ ★ ★ ★
I’ve been avoiding the topic of investing for a long time because I didn’t know much about it and found it too opaque. I’m so glad to have entrusted this matter to froots in such competent hands!!!
Larissa Ma
★ ★ ★ ★ ★
Very friendly and knowledgeable team – excellent, detailed, and easy-to-understand advice directly from the CEO. The way froots works was well explained, and the costs for me as an investor were clearly outlined. I especially liked the option to easily and quickly adjust my savings plans.
Michael K.
★ ★ ★ ★ ★
Super professional and personal. Even with smaller investments, you are treated excellently and everything is explained very transparently. All costs are absolutely manageable, and you don't need any expertise. You can also start with smaller amounts.
Dario Gröbner
★ ★ ★ ★ ★
I've been with Froots (asset management) for (almost) a year now and I am absolutely satisfied so far [...] All in all, it's a simple and convenient alternative for investing if you don't want to spend time analyzing the financial market yourself.
Questions about Costs & Safety
What would happen if froots goes bankrupt?
In the unlikely event that froots ceases to exist, your money would be protected as segregated assets and remain unaffected. It is held separately from the assets of froots and our partner banks. You would still have access to your invested funds. We operate under strict regulatory requirements and work closely with our partner banks to ensure the safety of your money.
Do I always keep access to my money?
You can access your money at any time. There are no extra fees for withdrawing funds or closing your account. Monthly savings plans can be adjusted or paused anytime with just a few clicks.
Am I bound to any time horizon?
You're not tied to any fixed timeframe. You can close your account at any time, free of charge. However, we recommend letting your money work for you as long as possible.
How likely is a total loss of my investment account?
At froots, you receive tailored, highly diversified portfolios based on ETFs and ETCs—aligned with your risk profile and goals. Thanks to our active risk management approach and broad diversification, a total loss of your investments is highly unlikely. That said, investing in the capital markets always involves risks and may be subject to temporary fluctuations. You can find more details in our risk disclosures.
How safe is Schelhammer Capital Bank
Schelhammer Capital Bank AG was founded in 1832 and is Austria’s leading private bank. It is part of the GRAWE banking group and manages over €30 billion (according to its own figures). Its brands include the platform (froots’ direct point of contact), as well as DADAT and mysafe.
The platform is an innovative investment platform that enables clients to invest quickly and easily in a wide range of financial products. Its typical clients are asset managers like froots, who in turn offer their own clients efficient, digital access to trading platforms and securities.
How are the costs deducted?
Fees are charged quarterly and depend on the amount of assets managed at the end of each quarter. At an annual rate of 1%, this means 0.25% per quarter. The fee is set at the beginning of each quarter and deducted directly from your froots account.
Are there additional costs for multiple accounts?
No, we don’t charge any fees for opening investment accounts.
At froots, we only charge a single fee – the all-in fee listed on this page. It’s calculated based on the assets we manage for you. The number of accounts you hold doesn’t affect the fee.
Which costs apply for self-employed (Gewinnfreibetrag) accounts?
You can find the fee table for profit allowance investments in the froots Multi Asset §14 fund here.
What impact does a Liquidity+ account have on the total AuM calculation?
The all-in fee for Liquidity+ is 0.5% p.a.
Your Liquidity+ assets can also help reduce your Investment Service fee if your total assets managed by froots exceed €150,000.
Example: You have €250,000 with froots — €100,000 in a Liquidity+ account and €150,000 in Investment Service accounts.
As a result, your Investment Service fees would be 1.0% p.a. on €50,000 and 0.9% p.a. on the remaining €100,000.
How can I reduce my costs?
Your froots all-in fee decreases the longer you’re a froots client and as your invested assets grow. You can find the details in the fee table.
While we currently don’t offer a direct way to reduce your fees, you can offset them through bonus rewards from our froots4friends referral program.
Ready to get started?
Three simple steps to open your account in a few minutes.
1. Define risk/reward profile
Answer a few questions about your financial situation to help us determine your investment profile.
2. Define first investment
You can start with a one-time deposit and/or a monthly savings plan. Later on, you can make additional contributions at any time—completely flexibly.
3. Finish account opening
Answer the legally required questions and complete the onboarding process.
Done!
You're now ready to make your first deposit.