Portu review

Portu's minimum deposit is €20. Across the comparison, Portu ranks 275 of 370 brands on that measure, and the site median sits at €0.11. It is a small starting amount, but a few of the alternatives open lower.

The account is easy access, and Portu's access terms set no lock-up. Withdrawals can be made at any time, reach your account within a few days and are free of charge. A saver with a longer horizon can leave money untouched for months and still take it out when needed.

Deposits are covered by EU DGS up to EUR 100,000. The balance is held by WOOD Retail Investments a.s., a company based in Slovakia, so the money sits with a named Slovak company. Above the protection limit the cover no longer applies, which matters if you park a large sum in a single account.

Portu holds 2 currencies. The median account on the site covers 5, and the widest reaches 350. For saving and paying in euros that is enough, but anyone earning or holding several currencies will find it narrow.

Support runs on email, chat and phone. A phone route is useful when a withdrawal is already on its way and you want a status you can hear rather than a reply sitting in an inbox. For an easy-access account, the shorter the wait, the more a human channel earns its place.

The account is digital only, so opening, topping up and withdrawing all happen in the app with no counter involved. Support still reaches you by phone and chat, which covers most questions, but anything needing original documents is handled remotely.

Portu asks for €20. XTB opens at £0 and PayPal Colombia at $0, while eToro's deposits run $1 to $10,000. Portu therefore starts higher than the cheapest accounts here, which matters for anyone saving small sums as a habit.