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flatex Alternatives

Written by
Bence András R.
Fact checked by
Adam N.
Updated
Jan 2024
Our top alternative brokers to flatex

The best alternatives to flatex are

  1. Comdirect - German investment bank
  2. DEGIRO - German-Dutch discount broker
  3. LYNX - Netherlands-based stockbroker

Let's see in a bit more detail how the flatex alternatives compare to flatex and each other:

flatex alternatives comparison
Overall score
4.0 stars 3.9 stars 4.6 stars 4.0 stars
Fees score
3.0 stars 1.9 stars 4.5 stars 3.1 stars
Account opening score
2.5 stars 2.5 stars 5.0 stars 2.5 stars
Deposit and withdrawal score
2.6 stars 3.3 stars 2.6 stars 2.6 stars
Web platform score
3.5 stars 4.4 stars 4.0 stars 4.3 stars
Markets and products score
4.1 stars 4.7 stars 3.6 stars 5.0 stars
Visit broker Visit broker Visit broker Visit broker

Why are these brokers considered good alternatives to flatex? There are many areas based on which flatex can be compared with others. When we say a given online broker is a good alternative to flatex 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.

flatex 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:

  • flatex is recommended for investors and traders speaking german and focusing on european securities
  • Comdirect is recommended for investors speaking german and focusing on european securities
  • DEGIRO is recommended for traders and investors looking for execution only
  • LYNX is recommended for any european traders looking for low stock and etf fees and a good mobile trading platform

Important factors of finding flatex alternatives

So far BrokerChooser has reviewed 101 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 flatex 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. The amounts flatex charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than flatex.

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 flatex, the account opening is slower than average, so if you consider this important some flatex 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 flatex, 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 flatex alternative is a must.


Now let's dive into the details of how flatex and its alternatives perform in the most important areas!

Comdirect

Recommended for investors speaking German and focusing on European securities

Visit broker

Comdirect vs. flatex: Trading fees
US stock
$13.9
$6.4
UK stock
$13.9
-
German stock
$10.7
$6.4
Comdirect vs. flatex: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
>3 days >3 days

If you are interested more in Comdirect minimum deposit, this overview will help you.

Comdirect vs. flatex: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Comdirect, a flatex alternative
Comdirect vs. flatex: Trading platform scores
Web platform score
4.4 stars 3.5 stars
Mobile platform score
4.7 stars 4.2 stars
Desktop platform score
3.5 stars 2.8 stars

Learn more about Comdirect's web trading platform in the detailed Comdirect review.

Visit broker

Comdirect vs. flatex: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
Yes Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes No
Futures
Yes No
CFDs
No No
Crypto
Yes
Yes

DEGIRO

Recommended for traders and investors looking for execution only

Visit broker

DEGIRO vs. flatex: Trading fees
US stock
$2.2
$6.4
UK stock
$3.4
-
German stock
$5.3
$6.4
DEGIRO vs. flatex: Minimum deposit, time to open an account
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.

DEGIRO vs. flatex: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of DEGIRO, a flatex alternative
DEGIRO vs. flatex: Trading platform scores
Web platform score
4.0 stars 3.5 stars
Mobile platform score
4.5 stars 4.2 stars
Desktop platform score
- 2.8 stars

Learn more about DEGIRO's web trading platform in the detailed DEGIRO review.

Visit broker

DEGIRO vs. flatex: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
No Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes No
Futures
Yes No
CFDs
No No
Crypto
No
Yes

LYNX

Recommended for any European traders looking for low stock and ETF fees and a good mobile trading platform

Visit broker

LYNX vs. flatex: Trading fees
US stock
$5.0
$6.4
UK stock
$11.3
-
German stock
$6.5
$6.4
LYNX vs. flatex: Minimum deposit, time to open an account
Minimum deposit
$3,240
$0
Time to open account
>3 days >3 days

If you are interested more in LYNX minimum deposit, this overview will help you.

LYNX vs. flatex: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of LYNX, a flatex alternative
LYNX vs. flatex: Trading platform scores
Web platform score
4.3 stars 3.5 stars
Mobile platform score
3.5 stars 4.2 stars
Desktop platform score
3.8 stars 2.8 stars

Learn more about LYNX's web trading platform in the detailed LYNX review.

Visit broker

LYNX vs. flatex: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
Yes Yes
Funds
Yes Yes
Bonds
Yes Yes
Options
Yes No
Futures
Yes No
CFDs
Yes No
Crypto
Yes
Yes

flatex

Recommended for investors and traders speaking German and focusing on European securities

flatex alternatives trading fees
US stock
$6.4
$13.9
$2.2
$5.0
German stock
$6.4
$10.7
$5.3
$6.5
flatex alternatives minimum deposit and account open times
Minimum deposit
$0
$0
$0
$3,240
Time to open account
>3 days >3 days 1 day >3 days

Learn more about flatex minimum deposit here.

flatex and alternatives withdrawal options and fees
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
flatex - Web trading platform
flatex and alternatives trading platform scores
Web platform score
3.5 stars 4.4 stars 4.0 stars 4.3 stars
Mobile platform score
4.2 stars 4.7 stars 4.5 stars 3.5 stars
Desktop platform score
2.8 stars 3.5 stars - 3.8 stars

Learn more about flatex's web trading platform in the detailed flatex review.

flatex and alternatives markets and products
Stocks
Yes Yes Yes Yes
ETFs
Yes Yes Yes Yes
Forex
Yes Yes No Yes
Funds
Yes Yes Yes Yes
Bonds
Yes Yes Yes Yes
Options
No Yes Yes Yes
Futures
No Yes Yes Yes
CFDs
No No No Yes
Crypto
Yes
Yes
No
Yes

Bottom line

Based on our analysis, there are several good alternatives to flatex. They all offer similar products and target similar customers. Here's a recap of the results in a table.

flatex alternatives
Broker intro
Recommended for
Germany-based stockbroker Investors and traders speaking German and focusing on European securities
German investment bank Investors speaking German and focusing on European securities
German-Dutch discount broker Traders and investors looking for execution only
Netherlands-based stockbroker Any European traders looking for low stock and ETF fees and a good mobile trading platform

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

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Author of this article

Bence András Rózsa
Bence András Rózsa

Bence is a former broker analyst for BrokerChooser. Having an MSc in international economy and finance, he focused on equities, cryptos and newcomer financial services. He also gained 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.

Our top alternative brokers to flatex

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