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Written by: Bence András R. Updated: Dec 2022
Expert verified
Recommended for
  • beginners 3.3/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
377 people chose this broker in the last 6 months
BrokerChooser Score
4.2/5

Comdirect review summary

Comdirect is a German investment bank offering online banking and brokerage services. Comdirect provides access to several German, European and overseas markets. You can trade with all types of products and there is also a great mobile platform. The broker is regulated by a top-tier authority, is listed on a stock exchange and has a banking background. It is a good choice for beginner investors. Comdirect has high trading fees, especially for stocks. The account opening process for non-German/Austrian residents is complicated and can take several weeks, while there is no live chat and phone support is a bit slow. Lastly, a good knowledge of German is required as the services are all in German. BrokerChooser gave Comdirect a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account.

Comdirect is a regulated broker, it is overseen by a top-tier financial regulator in Germany . Comdirect is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at Comdirect if you live in United States. See the best alternative available in your country.

Comdirect pros and cons

Pros Cons
Extensive range of products and exchanges High fees
Great mobile platform Complicated account opening for non-German/Austrian residents
Rock-solid background Slow phone support and no live chat

Comdirect main highlights

🗺️ Country of regulation Germany
💰 Trading fees class High
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $0
🕖 Time to open an account >3 days
💳 Deposit with bank card Not available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 12
🎮 Demo account provided Yes
🛍️ Products offered Stock, ETF, Forex, Fund, Bond, Options, Futures, Crypto, Warrants
To read much more details about the broker's services and features, expand on the sections below.

Comdirect review
Fees

2.2
Comdirect's trading fees are high for all asset classes except bonds, ETFs and stocks. As a plus, non-trading fees are low, there is no withdrawal fee and an inactivity fee is charged only after 3 years.
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Comdirect review
Account opening

2.8
Account opening is easy and fully digital for German and Austrian residents, but is complicated and slow for others.
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Comdirect review
Deposit and withdrawal

3.5
Deposits and withdrawals are free of charge, but only bank transfer is available as a method.
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Comdirect review
Web trading platform

4.4
Comdirect's web platform is well-designed and easy to use. It has great customization options but lacks price alerts.
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Comdirect review
Mobile trading platform

4.7
Comdirect has a dedicated app for trading, which is user-friendly with a modern design. However, you can't filter searches, which makes it a bit complicated.
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Comdirect review
Desktop trading platform

3.5
Comdirect has an advanced desktop trading platform with professional charting and great customization. However, the design is a bit outdated and hard to use for non-experts.
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Comdirect review
Markets and products

5.0
You can trade with almost all types of assets at Comdirect. There is also a great selection within asset classes, covering a lot of German, European and overseas exchanges.
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Comdirect review
Research

4.0
Comdirect has great research services, with many tools and easily accessible information on both ProTrader and the web platform. However, news is only available in German.
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Comdirect review
Customer service

3.9
Comdirect's phone and email customer services work great, although sometimes responses are slow. and live chat is temporarily disabled. All communication is in German only.
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Comdirect review
Education

5.0
At Comdirect, you can expand your financial knowledge with multiple tools, ranging from a demo account to quality articles.
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Comdirect review
Safety

Comdirect is regulated by Germany's BaFin, has a banking background and is listed on the stock exchange. Clients also enjoy investor protection for cash and securities.
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Comdirect review
Bottom line

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Comdirect review
FAQ

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Author of this review

Bence András Rózsa

Author of this review

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Bence András Rózsa

Broker Analyst

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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