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Written by: Bence András R. Updated: Dec 2022
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Overview of flatex fees and charges

When it comes to brokerage fees flatex shows a mixed picture: some fees are high but some are low. First you need to figure out your approach or you should use our questionnaire to be able to tell whether flatex fees are an advantage for you. Continue reading about flatex fees and charges to see if this is the right brokerage for you or a similar broker like Comdirect or DEGIRO is better for you.

Here's a high level overview of flatex's fees

flatex Fees snapshot
Assets Fee level Fee terms
US stock fee Low €5.9 per trade flat fee + exchange fees
EURUSD fee High The fees are built into the spread, 1 pip is the average spread cost during peak trading hours.
US tech fund fee Low €5.9 per trade flat fee
Inactivity fee Low No inactivity fee

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flatex fees
flatex fees explained

We compare flatex fees with its closest competitors, Comdirect and DEGIRO.

flatex fees
flatex trading fees

flatex's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.

Let's break down the trading fees into the different asset classes available at flatex.

Trading fees

flatex's trading fees are average.

Stock fees and ETF fees

flatex has low stock trading fees.

Stock fees of a $2,000 trade
flatex Comdirect DEGIRO
US stock $6.3 $13.8 $2.1
UK stock - $13.8 $3.4
German stock $6.3 $10.6 $5.2

Forex fees

flatex's forex fees are high.

Forex fees of a $20,000 30:1 position open, 1-week-hold, and close
flatex Comdirect DEGIRO
EURUSD benchmark fee $24.5 $26.4 -
EURGBP benchmark fee $23.3 $23.3 -

Fund fees

flatex fund fees are low.

A $2,000 fund buy fees
flatex Comdirect DEGIRO
Mutual fund $6.3 $20.0 $4.2
EU mutual fund $6.5 $20.0 $10.3

Bond fees

flatex has low bond fees.

Bond fees of a $10,000 trade
flatex Comdirect DEGIRO
US Treasury bond $6.3 $33.5 -
EU government bond $6.3 $30.2 $3.2

Financing rates

flatex financing rates are high.

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

flatex yearly financing rates
flatex Comdirect 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

flatex 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: 0.4% mark-up.

flatex fees
flatex non-trading fees

When it comes to looking at all the non-trading fees flatex 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 flatex 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.

A high level overview of how flatex stacks up in non-trading fees
flatex Comdirect DEGIRO
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

flatex fees
flatex 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 flatex is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods flatex offers.

flatex deposit methods
flatex Comdirect DEGIRO
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

flatex fees
flatex withdrawal fee

Unlike some online brokers we have reviewed flatex 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.

flatex withdrawal fees and options compared
flatex Comdirect 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

flatex fees
flatex inactivity fee

flatex 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).

Author of this article

Bence András Rózsa

Author of this article

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Bence András Rózsa

Broker Analyst

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ 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

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