Summary: The most affordable and secure way for SNS Bank account holders to buy stocks is through the eToro exchange. eToro Europe is registered by the Cyprus Securities & Exchange Commission (CySEC) and is a secure multi-asset brokerage platform. On eToro SNS Bank users can buy stocks, commodities, currencies, indices, ETFs and cryptocurrencies with EUR, GBP, AUD & USD.
What is SNS Bank
SNS Bank is a Dutch bank that offers a range of banking products and services to both individuals and businesses. The bank has a strong focus on sustainability, and aims to help its customers make more responsible financial choices. SNS Bank is part of the larger SNS Group, which also includes SNS Reaal, another Dutch financial institution.
As a sustainable bank, SNS Bank offers a number of green products and services, including Green Savings Accounts and Green Loans. The bank also offers advice on how to make more responsible financial decisions. In addition, SNS Bank supports a number of initiatives aimed at promoting sustainable development. The bank was founded over 200 years ago in 1817 and now employs over 2000 staff.
Can I buy stocks on SNS Bank?
Unfortunately, SNS Bank does not allow the investing of shares/stocks directly on its banking platform. Not to worry, there are safe alternative ways to buying stocks with an SNS Bank account.
To buy stocks in Europe you will need to go through a broker, we recommend using eToro as it's Europes most trusted multi-asset brokerage platform. It is regulated and licensed to operate legally in Europe, the United Kingdom, the United States, Australasia, Asia and more. The exchange offers users the ability to invest in over 2000 stocks as well as over 260 ETFs.
How to buy Stocks & ETFs with SNS Bank
The best way to buy stocks with SNS bank is by going through eToro. In this method, we show investors how to buy stocks by depositing EUR via credit/debit card. SNS Bank account holders may also deposit funds through Bank Transfer, Skrill, Neteller, PayPal, Klarna and iDEAL. Follow the steps below to get started.
- Create an account on eToro and complete verification.
- Select ‘Deposit Funds’ in the bottom left-hand corner of your screen and choose ‘Credit/Debit card’.
- Enter your details and the amount of EUR you want to invest.
- Search for the stock you want to buy in the search bar.
- Click ‘Trade’, enter the amount you want to buy and tap ‘Set Order’.
Buying stocks with SNS Bank Fees
It's important to consider the fees that are involved with buying stocks through a broker. Traditionally, stock brokers will charge users a variety of fees including a monthly management fee, a stock trading fee, deposit & withdrawal fees, administrative fees and more.
However, on eToro users do not have to pay any monthly administrative costs, deposit and withdrawal fees or any commissions on stocks. eToro is almost completely free to use, visit eToros fees schedule for a detailed breakdown of its costs.