Overview of flatex fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates flatex charges.

flatex commission and other fees
flatex commission and other trading fees

flatex has average trading fees in general. We ranked flatex fee levels as low, average or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether flatex commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of flatex commission and other trading fees
flatex Comdirect DEGIRO
Stock and ETF Low Average Low
Forex High High -
Fund Low High Average
Bond Low Low Low
Options - High Low
Futures - High Low
CFD Average Average -
Financing rate High High -

Now let's go over the trading fees for each asset class one by one.

flatex stock and ETF commissions, spreads

flatex stock and ETF commissions are low. flatex stock and ETF commissions are charged as per the table below.

flatex stock and ETF commission
flatex
US stock €5.9 + 0.00218% per order
UK stock Not available
German stock €5.9 per trade flat fee + exchange fees
Indian stock Not available

You can compare flatex stock and ETF fees with the two closest competitors.

flatex stock and ETF commission, spreads vs competitors
flatex Comdirect DEGIRO
US stock $7.1 $15.5 $0.7
UK stock - $15.5 $2.8
German stock $7.1 $11.9 $5.8
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

flatex forex commissions and spreads

flatex forex fees are high. flatex forex commissions and spreads for individual currency pairs are charged as per the table below.

flatex forex commissions and spreads
flatex
EURUSD fee The fees are built into the spread, 1 pip is the average spread cost during peak trading hours.
GBPUSD fee The fees are built into the spread, 3 pips is the average spread cost during peak trading hours.

Check out how flatex forex fees compare to its two closest competitors.

flatex forex fees vs competitors
flatex Comdirect DEGIRO
EURUSD benchmark fee $17.2 $18.9 -
GBPUSD benchmark fee $17.8 $17.8 -
AUDUSD benchmark fee $21.1 $21.1 -
EURCHF benchmark fee $19.5 $19.5 -
EURGBP benchmark fee $22.1 $22.1 -

Forex fees are calculated for a $20,000 trade using 30:1 leverage

flatex fund commissions

flatex fund commissions are low. The table below shows how flatex fund commissions are calculated.

flatex fund commissions
flatex
Mutual fund €5.9 per trade flat fee

Check out how flatex fund fees compare with the competition.

flatex fund commissions
flatex Comdirect DEGIRO
Mutual fund $7.1 $20.0 $11.1

Fund commissions are calculated for a $2,000 trade

flatex bond commissions

flatex bond commissions are low. The table below contains the description of flatex bond commissions.

flatex bond commissions
flatex
US Treasury bond €5.9 per trade flat fee
EU government bond €5.9 per trade flat fee

See how flatex bond fees stack up against the competition.

flatex bond commissions vs competitors
flatex Comdirect DEGIRO
US Treasury bond $7.1 $34.5 -
EU government bond $7.1 $30.9 $11.0

Bond commissions are calculated for a $10,000 trade

flatex CFD commissions and spreads

flatex CFD fees are average. flatex CFD commissions and spreads for different assets are charged as per the table below.

flatex CFD commissions and spreads
flatex
S&P 500 CFD fee The fees are built into the spread, 0.61 points is the average spread cost during peak trading hours.
Europe 50 CFD fee The fees are built into the spread, 2.01 points is the average spread cost during peak trading hours.
Apple CFD 0.05%, min €5
Vodafone CFD 0.05%, min €5

Below you can see how flatex CFD fees compare with those of Comdirect and DEGIRO.

flatex CFD fees vs competitors
flatex Comdirect DEGIRO
S&P 500 index CFD fee $1.7 $1.7 -
Europe 50 index CFD fee $2.3 $2.3 -
Apple CFD $6.2 $12.0 -
Vodafone CFD $6.3 $6.2 -

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

flatex financing rates

flatex financing rates are high. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how flatex financing rates compare with those of Comdirect and DEGIRO.

flatex financing rates vs competitors
flatex Comdirect DEGIRO
EURUSD financing rate 4.1% 4.1% -
GBPUSD financing rate 3.5% 3.5% -
S&P 500 CFD financing rate 3.6% 3.6% -
Europe 50 CFD financing rate 3.0% 3.0% -
Apple CFD financing rate 3.6% 3.6% -
Vodafone CFD financing rate 3.5% 3.5% -

flatex commission and other fees
flatex non-trading fees

In addition to trading fees, it's important to see if flatex charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by flatex with its two closest competitors.

flatex non-trading fees vs competitors
flatex Comdirect DEGIRO
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

flatex commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by flatex and its closest competitors. To learn more about flatex, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Bence András Rózsa

Author of this article

Bence’s purpose is to help you to understand the logic behind financial services. In his master’s studies, he specialised in business economy and finance to be able to give you a clear picture of the brokerage world. Having reviewed multiple brokers and robo-advisor services, his goal will always be to guide you in the world of investing as it is.

Bence András Rózsa

Broker Analyst

Bence’s purpose is to help you to understand the logic behind financial services. In his master’s studies, he specialised in business economy and finance to be able to give you a clear picture of the brokerage world. Having reviewed multiple brokers and robo-advisor services, his goal will always be to guide you in the world of investing as it is.

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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