flatex commission and other fees

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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.

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flatex

4/5

Minimum deposit

Stock fee

Average

Fund fee

Low

Inactivity fee

Account opening

>3 days

Visit flatex

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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
Stock and ETF	Average	High	Low
Forex	High	High	-
Fund	Low	Average	Low
Bond	Low	Average	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 average. flatex stock and ETF commissions are charged as per the table below.

flatex stock and ETF commission
	flatex flatex
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	€5.9 per trade flat fee + exchange fees
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	Not available
German stock Estimated commission of a $2,000 trade	€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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$6.4 €5.9 per trade flat fee + exchange fees	$13.9 0.25% of trade value + €7.9 (min. €12.9, max. €62.9)	$2.2 €2 per trade (€1 commission plus a €1 handling fee)
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	- Not available	$13.9 0.25% of trade value + €7.9, min €12.9 max €62.9	$3.4 £2.75 per trade (£1.75 commission plus a £1 handling fee)
German stock Estimated commission of a $2,000 trade	$6.4 €5.9 per trade flat fee + exchange fees	$10.7 0.25% of trade value + €4.9, min €9.9 max €59.9	$5.3 €4.90 per trade (€3.90 commission plus a €1 handling fee)
Indian stock	- Not available	- Not available	- Not available

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 flatex
EURUSD fee description	The fees are built into the spread, 1 pip is the average spread cost during peak trading hours.
GBPUSD fee description	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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
EURUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$20.9	$22.7	- EURUSD is not available
GBPUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$23.8	$23.8	- GBPUSD is not available
AUDUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$26.4	$26.4	- AUDUSD is not available
EURCHF benchmark fee	$3.5	$3.5	- EURCHF is not available
EURGBP benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$25.3	$25.3	- EURGBP is not available

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 flatex
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	€5.9 per trade flat fee

Check out how flatex fund fees compare with the competition.

flatex fund commissions
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$6.4 €5.9 per trade flat fee	$20.0 0-5% of trade value, charged only for buying	$4.2 €3.9 and 0.2% annual administration fee

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 flatex
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	€5.9 per trade flat fee
EU/UK government bond Estimated commission of a $10k EU or UK government bond trade	€5.9 per trade flat fee

See how flatex bond fees stack up against the competition.

flatex bond commissions vs competitors
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$6.4 €5.9 per trade flat fee	$33.5 0.25% of trade value + €7.9	- Not available
EU/UK government bond Estimated commission of a $10k EU or UK government bond trade	$6.4 €5.9 per trade flat fee	$30.3 0.25% of trade value + €4.9	$3.2 €3 (€2.00 fee + a €1 handling fee)

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 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 Commission for a $2,000 stock CFD trade	0.05%, min €5
Vodafone CFD Commission for a $2,000 stock CFD trade	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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$3.7	$3.7	- S&P 500 index CFD is not available
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$3.7	$3.7	- Europe 50 index CFD is not available
Apple CFD Commission for a $2,000 stock CFD trade	$5.5 0.05%, min €5	$10.8 0.1%, min €4.9 max €59.9	- Not available
Vodafone CFD Commission for a $2,000 stock CFD trade	$6.0 0.05%, min €5	$5.9 0.1%, min €4.9 max €59.9	- Not available

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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
EURUSD financing rate Yearly financing rate	5.0% SOFR overnight - €STR and mark-up	5.0% SOFR overnight - €STR and mark-up	- EURUSD is not available
GBPUSD financing rate	5.0% SOFR overnight - SONIA overnight and mark-uő	5.0% SOFR overnight - SONIA overnight and mark-uő	- GBPUSD is not available
S&P 500 CFD financing rate	8.9% SOFR overnight and mark-up	8.9% SOFR overnight and mark-up	- SPX CFD is not available
Euro Stoxx 50 CFD financing rate	7.4% €STR and mark-up	7.4% €STR and mark-up	- EUSTX50 CFD is not available
Apple CFD financing rate Yearly financing rate	8.9% SOFR overnight and mark-up	8.9% SOFR and mark-up	- Apple CFD is not available
Vodafone CFD financing rate Yearly financing rate	8.7% SONIA overnight and mark-up	8.7% SONIA overnight and mark-up	- Vodafone CFD is not available

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 flatex	Comdirect Comdirect	DEGIRO DEGIRO
Deposit fee	$0 Free deposit	$0 Free deposit	$0 Free deposit
Withdrawal fee Fee for withdrawing money from the broker account. It is zero if you can withdraw money for free via any method, e.g. credit/debit card or bank transfer.	$0 Free withdrawal	$0 Free withdrawal	$0 Free withdrawal
Account fee Monthly account fee	No No account fee	No No account fee	No No account fee
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee	No No inactivity fee in the first 3 years after account opening, then €1.95 per month if you don't meet certain criteria	No No inactivity fee

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

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.

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