First, you register via "Open account" on our portal. You sign up with your email address and a password of your choice.

You then receive a PIN code by email to verify your email address. Once you enter this PIN code, your personal details, contact details and ID details are recorded.

Finally, you can choose between verifying your identity in the quirion app, on your computer or at Deutsche Post branches. Your quirion account is then opened for you without delay.

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As an alternative to open, actively managed investment funds, Exchange Traded Funds (ETFs) have gained ground in recent years.

An ETF tracks a given index as precisely as possible and adjusts its composition to match its reference value.

When you buy an MDAX ETF, for example, you get all the constituents of the MDAX in exactly their current market composition. If the composition of the MDAX changes, the composition of your ETF changes too.

As a result, the management and administration fees for an ETF are significantly lower. On average they come to 0.17 per cent of the invested amount per year. If a fund manager actively looks after your investment funds, the costs rise to 1.5 to 2.5 per cent per year.

At the same time, many studies show that in more than 90 per cent of cases an active fund manager cannot beat the index over the long term.

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If you opt for our Global Portfolio, you invest across the entire market. From the level of risk you are willing to take, we derive the composition of your portfolio. More equities mean more risk – but also more return. More bonds, by contrast, reduce the risk – but also the return.

The Global Portfolio is generally suitable for building wealth. You can also choose our Global Portfolio in a sustainable variant.

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