The best alternatives to Comdirect are
Let's see in a bit more detail how the Comdirect alternatives compare to Comdirect and each other:
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Overall score | 4.2 | 4.7 | 4.7 | 4.1 |
| Fees score | ||||
| Account opening score | ||||
| Deposit and withdrawal score | ||||
| Web platform score | ||||
| Markets and products score | ||||
| Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to Comdirect? There are many areas based on which Comdirect can be compared with others. When we say a given online broker is a good alternative to Comdirect we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
Comdirect alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- Comdirect is recommended for german speaking investors and cfd traders focusing mainly on european securities
- Degiro is recommended for price-sensitive buy and hold investors and traders looking for only execution
- Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
- Flatex is recommended for german speaking investors and cfd traders focusing mainly on european securities
Important factors of finding Comdirect alternatives
So far Brokerchooser has reviewed 57 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether Comdirect or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Comdirect is considered to be a rather expensive broker. This gives you a good chance to cut your costs by choosing a cheaper Comdirect alternative.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Comdirect, the account opening is slower than average, so if you consider this important some Comdirect alternatives can be a good choice.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Comdirect, some alternatives might allow you to do that.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Comdirect alternative is a must.
Now let's dive into the details of how Comdirect and its alternatives perform in the most important areas!
Comdirect alternatives
Comdirect
4.2
4 stars
Comdirect is a German online broker established in 1994. It is regulated by BaFin, the German financial authority. It is listed on the Xetra and London Stock Exchange. Its bank parent is Commerzbank.
Condirect is considered safe beacuse it is listed, regulated by a top-tier regulator and has a bank parent.
Recommended for german speaking investors and cfd traders focusing mainly on european securities
- Great research tools
- Trading platform is customizable
- Listed on a stock exchange, strong parent company
- High fees
- Complicated account opening for non-Germans/non-Austrians
- Service only in German
Fees 2 stars
Comdirect trading fees are high, while non-trading fees are average.
- No withdrawal fee
- Transparent fee structure
- High trading fees
- Inactivity fee
- High financing rate
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Apple benchmark fee | $29.6 | $1.4 | $20.0 | $36.4 |
| Vodafone benchmark fee | $29.9 | $5.2 | $15.0 | - |
| EURUSD benchmark fee | $28.6 | - | $58.4 | $28.9 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening 2 stars
Account opening is easy and fully digital for German and Austrian clients, but complicated and long for other citizens.
- Fully digital account opening process for German and Austrian clients
- Complicated account opening for non-German citizens
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $725 | $0 |
| Time to open account | >3 days | 1 day | 1-3 days | >3 days |
Learn more about Comdirect minimum deposit here.
Deposit and withdrawal 4 stars
The deposit and withdrawal is free of charge, but you can it do it only via a bank transfer.
- Free withdrawal
- No deposit fee
- Credit/Debit card not available
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes |
| Credit/Debit card | No | No | No | No |
| Electronic wallets | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 |
Web trading platform 4 stars
Comdirect's web trading platform is easy-to-use and it well customizable. You can also use several order types. The platform can be slow and the price alert function is missing.
- User-friendly
- Good search function
- Good customizability (for charts, workspace)
- No price alerts
- Slow
- Separate platform for CFD trading
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Web platform score | ||||
| Mobile platform score | ||||
| Desktop platform score | - | - |
Learn more about Comdirect's web trading platform in the detailed Comdirect review.
Markets and products 3 stars
At Comdirect you can trade with all asset classes. The market and product coverage is mid-range, but there are a lot of investment funds, one of the bests.
| Comdirect | Degiro | Saxo Bank | Flatex | |
|---|---|---|---|---|
| Stock | Yes | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes | Yes |
| Forex | Yes | No | Yes | Yes |
| Fund | Yes | Yes | No | Yes |
| Bond | Yes | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | No |
| Futures | Yes | Yes | Yes | No |
| CFD | Yes | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes | No |
Verdict
Comdirect is a German online broker established in 1994. Its parent company is Commerzbank, one of the biggest banks in Germany.
It is a good broker if you speak German.
It has great research functions, a good trading platform. Its financial stability and transparency is high thanks to its parent company and its stock exchange listing.
On the other hand, the full service is German and fees are high. Account opening is possible for non-Germans/non-Austrians, but it is very complicated.
There is a Demo account, so feel free to try it out.
| Comdirect | |
|---|---|
| Summary | Comdirect is a German investment bank offering online banking and brokerage services. |
| Fees score | |
| Recommended for | German speaking investors and CFD traders focusing mainly on European securities |
Comdirect alternatives
Degiro
4.7
5 stars
Best discount broker
DEGIRO is a trending Dutch online discount broker. It is privately owned and was established in 2013 by former employees of another brokerage company.
DEGIRO is considered safe as it is regulated by top-tier financial regulators, the Dutch AFM and DNB. It is registered with the Chamber of Commerce and Industry in Amsterdam under number 34342820.
Recommended for price-sensitive buy and hold investors and traders looking for only execution
- One of the lowest fees in the market
- Broad access to international markets
- Easy to use web and mobile platform
- Limited research and education
- No forex trading
- No credit/debit card deposit and withdrawal
Fees 5 stars
DEGIRO has low trading and non-trading fees. In most asset classes, it is the best in the market. There are some ETFs which you can trade free once per month. It's a great offer for buy-and-hold investors.
- Low trading fees
- Low non-trading fees
- No withdrawal fee
- At some ETFs, one free trade per month
- Yearly service fee for mutual funds
- Higher trading fees for Asian and smaller European stock exchanges
| Degiro | Comdirect | |
|---|---|---|
| Apple benchmark fee | $1.4 | $29.6 |
| Vodafone benchmark fee | $5.2 | $29.9 |
| EURUSD benchmark fee | - | $28.6 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening 5 stars
DEGIRO has an easy and fast account opening process. Also, there is no minimum deposit.
- Fully digital
- No minimum deposit
- User-friendly
| Degiro | Comdirect | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | >3 days |
If you are interested more in Degiro minimum deposit, this overview will help you.
Deposit and withdrawal 3 stars
DEGIRO deposit and withdrawal is free of charge via bank transfer. On the other hand, you cannot deposit with credit or debit card.
- Free withdrawal
- No deposit fee
- Several account base currencies
- Credit/Debit card not available
| Degiro | Comdirect | |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit/Debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform 4 stars
DEGIRO’s web platform is simple and easy to use. Even beginners can easily navigate it and buy stocks. On the negative side, it is a bit complicated to customize.
- User-friendly
- Two-step (safer) login
- Modern design
- Limited customizability (for charts, workspace)
- No price alerts
| Degiro | Comdirect | |
|---|---|---|
| Web platform score | ||
| Mobile platform score | ||
| Desktop platform score | - | - |
Learn more about Degiro's web trading platform in the detailed Degiro review.
Markets and products 3 stars
At DEGIRO you can access many markets and trade with a lot of different products, except for forex.
| Degiro | Comdirect | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | No | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
DEGIRO is a good choice if you want a simple platform and don’t want to spend a fortune on fees.
It is far cheaper than its big European competitors and only Interactive Brokers can compete with DEGIRO fees. DEGIRO also has great access to international markets and trading products. And it is als one of the best trading platforms for Europeans.
However, cheapness comes with some shortfalls. Education and research tools are limited, there is no forex trading and limited deposit and withdrawal options.
All in all, it is a great online broker. As there is no minimum deposit and no inactivity fee, feel free to try it out.
| Degiro | |
|---|---|
| Summary | DEGIRO is a Dutch discount broker established in 2008. It is regulated by the Dutch FMA. |
| Fees score | |
| Recommended for | Price-sensitive buy and hold investors and traders looking for only execution |
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Comdirect alternatives
Saxo Bank
4.7
5 stars
Best trading platform
Saxo Bank is a Danish investment bank providing online trading and investments. It is a leading European retail brokerage innovator. Saxo is privately owned, established in 1992, and headquartered in Copenhagen.
Saxo is considered safe as it is regulated worldwide by more than 10 financial regulators, including top-tier regulators, like the UK FCA.
Recommended for investors and traders looking for a great trading platform and solid research
- Outstanding research
- Great trading platform
- Broad product portfolio
- High forex, bond, options, and futures fees
- Slow account opening
- Missing live chat
Fees 3 stars
Saxo Bank has average trading and non-trading fees.
- No withdrawal fee
- Transparent fee structure
- Lower fees for Platinum and VIP clients
- Inactivity fee
- High financing rate
- High forex, bond, options and futures fees
| Saxo Bank | Comdirect | |
|---|---|---|
| Apple benchmark fee | $20.0 | $29.6 |
| Vodafone benchmark fee | $15.0 | $29.9 |
| EURUSD benchmark fee | $58.4 | $28.6 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening 3 stars
Account opening is available for residents of almost every country and is fully digital.
- Fast
- Fully digital
- Available for residents of almost every country
- Minimum deposit is higher than $500
- Sales team pushy
- Classic accounts available only in a single currency
| Saxo Bank | Comdirect | |
|---|---|---|
| Minimum deposit | $725 | $0 |
| Time to open account | 1-3 days | >3 days |
If you are interested more in Saxo Bank minimum deposit, this overview will help you.
Deposit and withdrawal 5 stars
Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
- Free withdrawal
- No deposit fee
- Several account base currencies
- Credit/Debit card withdrawal not available
| Saxo Bank | Comdirect | |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit/Debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform 5 stars
Saxo Bank's web trading platform is easy-to-use and well-designed. However, it doesn't provide a two-step login and the customizability is limited.
- User-friendly
- Good search function
- Modern design
- No two-step (safer) login
- Limited customizability (for charts, workspace)
| Saxo Bank | Comdirect | |
|---|---|---|
| Web platform score | ||
| Mobile platform score | ||
| Desktop platform score | - |
Learn more about Saxo Bank's web trading platform in the detailed Saxo Bank review.
Markets and products 4 stars
At Saxo Bank you can reach many markets and trade with a lot of different products, except for funds.
| Saxo Bank | Comdirect | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | Yes | Yes |
| Fund | No | Yes |
| Bond | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
Saxo Bank is a great broker, providing a complex and good service.
It has the best trading platforms backed by great research. The product portfolio is covering all important international markets and asset classes.
It has some drawbacks though. The fees for forex, bond, options, and futures are high. The account opening can take long and the live chat is missing.
In general, Saxo Bank is one of the best online brokerage companies you can choose. By opening an account, you end up with a broad, well-developed service.
| Saxo Bank | |
|---|---|
| Summary | Saxo Bank is a Danish investment bank. It is regulated by more than 10 financial authorities, including the top-tier FCA. |
| Fees score | |
| Recommended for | Investors and traders looking for a great trading platform and solid research |
Comdirect alternatives
Flatex
4.1
4 stars
Flatex is a German stockbroker established in 1999 and regulated by the Federal Financial Supervisory Authority (BaFin). It is listed on the Xetra stock exchange and has a bank parent, the Fintech Group Bank AG.
Flatex is considered safe because it has a long track record, is listed on stock exchange, has a banking background, discloses its financials, and is regulated by top-tier regulator.
Recommended for german speaking investors and cfd traders focusing mainly on european securities
- Cheap ETF and fund trading
- Listed on a stock exchange, strong parent company
- Great educational tools
- Complicated account opening for non-Germans
- Only bank transfer is available for deposit and withdrawal
- Services are only in German
Fees 3 stars
Flatex has average trading fees and low non-trading fees.
- No withdrawal fee
- No inactivity fee
- Low fund fees
- High financing rate
- High US stock fee
- High forex fees
| Flatex | Comdirect | |
|---|---|---|
| Apple benchmark fee | $36.4 | $29.6 |
| Vodafone benchmark fee | - | $29.9 |
| EURUSD benchmark fee | $28.9 | $28.6 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening 2 stars
The account opening is easy and digital for German clients, but complicated and long for other citizens.
- No minimum deposit
- Fully digital account opening for German clients
- Slow
- Not fully digital
- Not user-friendly
| Flatex | Comdirect | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | >3 days | >3 days |
If you are interested more in Flatex minimum deposit, this overview will help you.
Deposit and withdrawal 3 stars
Flatex offers free deposit and withdrawal. On the other hand, you can transfer money only by bank transfer and this takes a longer time.
- Free withdrawal
- No deposit fee
- Credit/Debit card not available
- Only one account base currency
- Slow withdrawal - over 3 days
| Flatex | Comdirect | |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit/Debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform 3 stars
Flatex web trading platform is user-friendly and looks nice. You can also use several order types. On the flip side, it is not customizable, there are no price alerts, and it is available only in German.
- User-friendly
- Good search function
- Good variety of order types
- Limited customizability (for charts, workspace)
- No price alerts
- Only in German
| Flatex | Comdirect | |
|---|---|---|
| Web platform score | ||
| Mobile platform score | ||
| Desktop platform score | - |
Learn more about Flatex's web trading platform in the detailed Flatex review.
Markets and products 3 stars
Flatex gives you access to almost all asset classes, only options, futures, and cryptos are missing. Within the available asset classes, Flatex focuses mainly on EU markets.
| Flatex | Comdirect | |
|---|---|---|
| Stock | Yes | Yes |
| ETF | Yes | Yes |
| Forex | Yes | Yes |
| Fund | Yes | Yes |
| Bond | Yes | Yes |
| Options | No | Yes |
| Futures | No | Yes |
| CFD | Yes | Yes |
| Crypto | No | Yes |
Verdict
Flatex is a great broker if you speak German and you focus on long-term investing.
It has cheap ETF and fund trading and its financial transparency is great thanks to its bank parent company and its stock exchange listing. You can also use many high-quality educational tools.
On the other hand, the account opening for non-German citizens is very complicated and you can only use bank transfer for deposit and withdrawal. The account opening process, the web and mobile trading platforms and the telephone customer support are only in German.
Feel free to try Flatex, since there is no minimum deposit and inactivity fee.
| Flatex | |
|---|---|
| Summary | Flatex is a German broker regulated by top-tier regulators, like the German BaFin. |
| Fees score | |
| Recommended for | German speaking investors and CFD traders focusing mainly on European securities |
Comdirect alternatives
Bottom line
Based on our analysis, there are several good alternatives to Comdirect. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| Comdirect | German investment bank | German speaking investors and CFD traders focusing mainly on European securities |
| Degiro | Dutch discount broker | Price-sensitive buy and hold investors and traders looking for only execution |
| Saxo Bank | Danish investment bank | Investors and traders looking for a great trading platform and solid research |
| Flatex | Germany-based stockbroker | German speaking investors and CFD traders focusing mainly on European securities |
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