Investimental reaches client base of 1,000 retail investors

Investimental, the newest broker on the Romanian capital market, reaches 1,000 retail clients in Romania. This milestone, accomplished in just seven months since the company’s launch, not only underscores Investimental’s growing position in the local capital market but also highlights the mounting interest among Romanians in exploring investment opportunities both on the Bucharest Stock Exchange and the US stock market.

“Reaching 1,000 clients in under seven months, ahead of our initial timeline, is a testament to the demand for our unique blend of education-focused and long-term investment strategies. The past year’s market positivity, including Hidroelectrica’s historic listing, has inspired many to start their investment journey. We are proud to be the choice for so many new investors, attracted not only by the benefits we offer, but also by the exceptional assistance provided by our support team. Our commitment to education, coupled with our ongoing efforts to innovate and enhance our product offerings – including the eagerly anticipated launch of a new ETF on the local stock exchange, the MultiCont facility, extended trading or fractional shares – unique features for a Romanian broker, remain our priorities as we develop further. We believe that as we continue to focus on these aspects, we will not only answer to the needs of our current clients but also attract new ones, fostering a growing community of informed and empowered investors,” stated Mihaela Biciu, CEO of Investimental.

Investimental’s growth mirrors the broader trend in the Romanian market, as evidenced by the Investor Compensation Fund’s report of a 34% increase in active trading accounts at the Bucharest Stock Exchange in 2023, totalling 178,545 as of the end of December 2023.

The 1,000 retail clients of Investimental collectively manage almost 3,200 trading accounts, investing both in the Romanian and U.S. markets. Notably, Investimental’s MultiAccount feature, offered as a premiere on the Romanian capital market, allows investors to pursue various strategies or set up accounts for their children, has been particularly well-received.

According to data from Investimental, the total value of client portfolios in the first seven months since the launch is EUR 10 million. The analysis of the trading volumes highlights an orientation towards the local market, with 63% of trades done on the Bucharest Stock Exchange (BVB). The remaining 37% is concentrated on the US capital market. This structure reflects the diversified strategy of Investimental’s clients and their trust in the local and international capital market dynamics.

Currently, 44% of Investimental clients have less than one year of investment experience. In the process of expanding the investment strategies of market newcomers, upon launch, Investimental introduced InvestiMentor, a pioneering 12-module educational program designed to lower trading fees for participants, thereby incentivizing learning and development. To date, clients have completed over 550 InvestiMentor modules, benefitting from reduced fees for periods up to 360 days, and gaining valuable insights into effective investment strategies.