flatex fees explained

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Overview of flatex fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, flatex is an OK choice, as it has average fees in general. Check our toplist for cheaper brokers.

I found flatex's trading fees fairly average

Tamás Gyuriczki

CFD • Options Trading • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how flatex fared:

flatex charges average fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of flatex for info on safety, trading platforms and funding.

flatex fees at a glance
Assets	Fee level	Fee terms
US stock fee	Average	€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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Popular asset classes like stocks and ETFs have average pricing, fund and bond fees are low, while more complex products like forex have higher fees.

Average stock and ETF commission

flatex stock and ETF fees by market
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$6.2 €5.9 per trade flat fee + exchange fees	$13.5 0.25% of trade value + €7.9 (min. €12.9, max. €62.9)	$2.1 €2 per trade (€1 commission plus a €1 handling fee)
German stock Estimated commission of a $2,000 trade	$6.2 €5.9 per trade flat fee + exchange fees	$10.4 0.25% of trade value + €4.9, min €9.9 max €59.9	$5.1 €4.90 per trade (€3.90 commission plus a €1 handling fee)

As flatex's name suggests, you pay a flat fee for stock trading, which is quite unusual since most European brokers apply volume-based pricing for stock trading. Flat fees are great if you trade in higher volumes.

flatex stock fees
Exchange	Commission
Germany, NYSE, NASDAQ, Vienna, Zürich	€5.9 flat fee + exchange costs*
Toronto, Euronext Brussels, Euronext Lisbon, Euronext Paris, Euronext Amsterdam, Milan	€5.9 flat fee per trade

*Exchange fees range between around €1-7 per trade in Germany, while on US exchanges it is a fixed 0.00218% of the trade value.
flatex also has a great savings program. With this, you can invest a fixed amount regularly (starting from €25 a month) in over 4,500 ETFs and funds, with no commission charges for these transactions.

Low mutual fund commission

Fees for a $2,000 fund purchase
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$6.2 €5.9 per trade flat fee	$20.0 0-5% of trade value, charged only for buying	$4.1 €3.9 and 0.2% annual administration fee
EU mutual fund Subscription fee of a $2,000 face value European stock fund	$6.5 €5.9 per trade flat fee	$20.0 0-5% of trade value, only the buying is charged	$10.3 0.1% + €7.5 and 0.2% yearly administration fee

Low bond commission

A €5.9 flat fee is charged after every order.

Fees for a $10,000 bond trade
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$6.2 €5.9 per trade flat fee	$33.3 0.25% of trade value + €7.9	- Not available
EU/UK government bond Estimated commission of a $10k EU or UK government bond trade	$6.2 €5.9 per trade flat fee	$30.1 0.25% of trade value + €4.9	$3.2 €3 (€2.00 fee + a €1 handling fee)

No inactivity fee, no withdrawal fee

It doesn't charge any account, inactivity, custody, deposit or withdrawal fees.

On the other hand, the FX conversion fee is really high: it's 0.4% mark-up. This is charged if you trade an asset in a currency other than your account currency.

flatex inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
flatex		$0
Comdirect		$0
DEGIRO		$0

Other commissions and fees

You can find flatex's fees for other asset classes below. Click 'Show more' for details.

High FX fees

flatex forex fees
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
EURUSD spread Usual spread in pips	1.0	2.0	- EURUSD is not available
GBPUSD spread	3.0	3.0	- GBPUSD is not available
AUDUSD spread	3.0	3.0	- AUDUSD is not available
EURCHF spread	4.0	4.0	- EURCHF is not available
EURGBP spread Usual spread in pips	3.0	3.0	- EURGBP is not available

Average margin rates

flatex annual margin rates
	flatex flatex	Comdirect Comdirect	DEGIRO DEGIRO
EUR margin rate	7.5% 7.5% annual rate	7.6% 7.55% annual rate	6.9% Unallocated debit rate (EUR) is 6.9%

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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.