One year after its launch, the Boursomarket platform of the online bank Boursorama adopts a real mobile interface. Without having to go through the shortcut of the application redirecting to the web browser, its customers will now be able to take advantage of a real mobile interface to invest in the stock market. Online brokerage at the cheapest bank in France suffered, and they were his only real flaw so far.
For the occasion, Boursorama did not come empty-handed and announces other novelties. In addition to free purchase transactions such as the 40,000 ETFs, UCITS and other real estate crowdfunding, Boursormarket is also opening its real-time monitoring tool for official Euronext prices (Paris, Brussels, Amsterdam, Lisbon) at the all of its customers. Until now, they had to pay a subscription of more than 5 euros per month to be able to have this real professional tool.
Post-session orders, until 10 p.m.
On the order side, customers of the online banking brokerage service will also be able to take advantage of an extended range for around a hundred shares of French companies, until 10 p.m.. In other words, it will be possible to continue to trade at the close of the markets, a time slot which offers much less liquidity, however, potentially dangerous when you are not familiar with it and which is normally reserved for institutional investors.
In a press release, we learn that the pace of opening investment accounts at Boursorama is now stabilizing at around 500 per day, a more than substantial volume, which is also explained by customer acquisition on the retail banking side, with in particular external growth due to the takeover of ING and the setbacks of competitors. Among the neo-banks, N26 is also in bad shape and dissatisfied French customers must certainly now seek a more stable solution and with a broader offer like that of Boursorama.
With the importance of having to place one’s money in savings books or even invest it in order to be able to cope with galloping inflation, Boursorama, like its competitor Fortuneo, therefore recovers many customers, especially among young people, who did not have such banking products at their neo-bank. One of its competitors, Trade Republic, fully focused on online brokerage, has found a compromise by offering remuneration for its customers’ savings.
