Overview of Comdirect fees and charges
Comdirect's fees are considered to be high. This is usually a result of high fees across multiple fee types. It's important to be aware of this and to decide whether other advantages of Comdirect can still make it a good choice for you. These deciding features can be its research options, its education section or the general user experience you get on its trading platforms.
Here's a high level overview of Comdirect's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | High | 0.25% of trade value + €7.9 (min. €12.9, max. €62.9) |
| EURUSD fee | High | The fees are built into the spread, 2 pips is the average spread cost during peak trading hours. |
| US tech fund fee | High | 0-5% of trade value, charged only for buying |
| Inactivity fee | Low | No inactivity fee in the first 3 years after account opening, then €1.95 per month if you don't meet certain criteria |
Comdirect fees
Comdirect fees explained
We compare Comdirect fees with its closest competitors, flatex and DEGIRO.
Comdirect fees
Comdirect trading fees
We see Comdirect's trading fees to be high because they charge more than most of its competitors.
Let's break down the trading fees into the different asset classes available at Comdirect.
Trading fees
Comdirect's trading fees are high.
Stock fees and ETF fees
Comdirect has average stock trading fees.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| US stock | $12.8 | $5.8 | $1.0 |
| UK stock | $12.8 | - | $3.1 |
| German stock | $9.9 | $5.8 | $4.9 |
Forex fees
Comdirect's forex fees are high.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| EURUSD benchmark fee | $26.7 | $24.6 | - |
| EURGBP benchmark fee | $23.2 | $23.2 | - |
Fund fees
Comdirect fund fees are high.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| Mutual fund | $20.0 | $5.8 | $3.9 |
| EU mutual fund | $20.0 | $6.5 | $10.3 |
Bond fees
Comdirect has average bond fees.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| US Treasury bond | $32.8 | $5.8 | - |
| EU government bond | $29.9 | $5.8 | $3.0 |
Options fees
Comdirect's options fees are high.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| US stock index options | - | - | $7.5 |
| UK stock index options | - | - | - |
| German stock index options | $44.6 | - | $8.9 |
Futures fees
Comdirect's futures fees are high.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| US micro e-mini stock index futures | - | - | $7.5 |
| UK stock index futures | - | - | - |
| German e-mini stock index futures | $44.6 | - | $7.4 |
Financing rates
Comdirect financing rates are high.
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| Apple CFD financing rate | 7.3% | 7.3% | - |
| Vodafone CFD financing rate | 5.7% | 5.7% | - |
| EURUSD financing rate | 5.9% | 5.9% | - |
| EURGBP financing rate | 4.3% | 4.3% | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
Comdirect will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 1.0% mark-up.
Comdirect fees
Comdirect non-trading fees
When it comes to looking at all the non-trading fees Comdirect is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.
Non-trading fees include various brokerage fees and charges at Comdirect that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | No |
| Account fee | No | No | No |
Comdirect fees
Comdirect deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Comdirect is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Comdirect offers.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
Comdirect fees
Comdirect withdrawal fee
Unlike some online brokers we have reviewed Comdirect does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| Comdirect | flatex | DEGIRO | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
Comdirect fees
Comdirect inactivity fee
Comdirect does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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