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About
Indexa Capital is Spain's top independent robo-advisor, founded in 2015 and regulated by the CNMV. It offers automated, globally diversified investment portfolios composed of low-cost index funds and ETFs, tailored to each client's risk profile through a short questionnaire. Clients benefit from a total average cost of just 0.53% per year—compared to approximately 2.75% at traditional Spanish banks—translating into significantly higher net returns over the long term. The platform provides three main services: index fund portfolios (minimum 2,000€), indexed pension plans and EPSV accounts (minimum 50€), and a money market 'Cartera 0' fund currently yielding ~1.6% net annually. Assets are held in the client's name at custodian banks Cecabank or Inversis, ensuring full security and ownership. Automatic rebalancing keeps portfolios aligned with target allocations without any manual intervention. Indexa Capital is ideal for individual investors, self-employed professionals, and families seeking a transparent, evidence-based approach to long-term wealth building. Its fully automated workflow removes emotional bias, minimizes costs, and maximizes diversification across global markets. An API is also available for developers and institutional partners. With no hidden fees and a fiduciary approach that places client interests first, Indexa Capital represents a compelling alternative to traditional bank investment products in Spain.
Key Features
- Automated Portfolio Management: Fully automated investment process including investor profiling, portfolio construction, and periodic rebalancing—no manual intervention required.
- Ultra-Low Fees: Total average annual cost of 0.53%, up to 81% cheaper than traditional Spanish banks, maximizing long-term net returns for investors.
- Global Diversification via Index Funds & ETFs: Portfolios built with globally diversified index funds and ETFs, covering multiple asset classes and geographies to reduce risk.
- Pension Plans & EPSV: Indexed pension plans with the lowest commissions in Spain, plus EPSV accounts for Basque Country residents, starting from just 50€.
- Regulated & Transparent: Authorized and supervised by the CNMV; client assets held in their own name at Cecabank or Inversis with full transparency and no hidden fees.
Use Cases
- Long-term wealth building through globally diversified, low-cost index fund portfolios with automatic rebalancing.
- Retirement savings via Spain's lowest-commission indexed pension plans or EPSV accounts for Basque Country residents.
- Parking short-term savings in a money market fund or remunerated account while earning competitive returns.
- Transferring existing pension plans from traditional banks to a lower-cost, better-performing indexed alternative.
- Passive investing for busy professionals who want a fully automated, hands-off investment solution without hidden fees.
Pros
- Significantly Lower Costs: At 0.53% average annual cost versus 2.75% at traditional banks, Indexa Capital can deliver materially better net returns over the long term.
- Fully Hands-Off Investing: The platform automates everything—onboarding, investing, and rebalancing—making it ideal for passive investors who want a set-and-forget approach.
- Regulated and Secure: Supervised by Spain's CNMV and assets held at reputable custodian banks, providing strong investor protection and peace of mind.
- Broad Product Range: Offers index fund portfolios, pension plans, EPSV, a money market fund, and a remunerated savings account to cover diverse financial goals.
Cons
- High Minimum for Fund Portfolios: The index fund portfolio requires a minimum investment of 2,000€, which may be a barrier for beginning investors with smaller capital.
- Spain-Focused Availability: Services and tax optimization features are primarily designed for Spanish and Basque Country residents, limiting its appeal to international investors.
- Limited Customization: As an automated robo-advisor, investors have limited ability to handpick individual securities or make tactical asset allocation decisions.
Frequently Asked Questions
How does Indexa Capital work?
You complete a short investor profile questionnaire, and Indexa recommends a personalized portfolio of globally diversified index funds or ETFs. Once you fund your account (min. 2,000€ for funds, 50€ for pension plans), Indexa automatically invests and rebalances your portfolio on an ongoing basis.
What is the minimum investment required?
The minimum for the index fund portfolio service is 2,000€. For pension plans and EPSV accounts, the minimum contribution is just 50€.
How much does Indexa Capital charge?
The total average cost is approximately 0.53% per year, which includes Indexa's management fee plus the underlying fund costs. This is up to 81% cheaper than the average 2.75% charged by traditional Spanish banks.
Is Indexa Capital safe and regulated?
Yes. Indexa Capital is authorized and supervised by Spain's CNMV (Comisión Nacional del Mercado de Valores). Client assets are held in their own name at custodian banks Cecabank or Inversis, separate from Indexa's own assets.
What types of investment accounts does Indexa Capital offer?
Indexa offers index fund portfolios, pension plan portfolios (and EPSV for Basque residents), a money market fund ('Cartera 0'), and a remunerated savings account linked to the ECB deposit rate.
