Investments
Reported after costs, because a return before costs is not a return.
Investing sits alongside the account rather than in a separate application. Positions, cash and card spending appear in one place, in one currency of your choosing.
Performance is reported net of every fee. A gross figure with the costs in a footnote is the industry's most common and most misleading presentation.
What it gives you
Net figures only
Every performance number shown has already had execution cost, custody and any other fee taken out of it.
No payment for order flow
Execution is not sold to a third party, so the price you get is not paying for the 'free' trade.
One view of everything
Investments, balances and spending in one account rather than three apps.
What is included
- 0.04% average execution cost
- No payment for order flow, no spread markup
- Performance reported net of all fees
- Fractional positions
- Scheduled recurring investment
- Full cost breakdown on every position
Who it is for
Someone who wants their investing and their spending in one place and their fees on one line.
Questions
0.04% average execution cost and nothing else. No account fee, no inactivity fee, no withdrawal fee.
Yes. Investments can fall as well as rise and you may get back less than you put in. AVORA is a demonstration project and offers no actual investment service.