| overall rating |
|
|
| overall pros |
- Great API trading service
- Free stock & ETF trading
- Fantastic charting tools
|
- One of the lowest fees on the market
- Regulated by multiple top-tier authorities
- Easy-to-use web and mobile platform
|
| overall cons |
- Customer support limited to email
- Limited deposit and withdrawal options
- Only US stocks and ETFs available
|
- Forex not available
- Limited research and education
- No credit/debit card deposit
|
|
fees
|
- Commission-Free Stock and ETF Trading
- No inactivity fee
- No withdrawal fee
|
- Low trading fees
- Low non-trading fees
- Low stock and ETF fees
- Higher trading fees for Asian and smaller European stock exchanges
|
|
account opening
|
- Fast
- Fully digital
- No minimum deposit
- Bit complex process for integrating third-party tools
|
- Fast
- Fully digital
- No minimum deposit
|
|
deposit and withdrawal
|
- Free withdrawal
- No deposit fee
- User-friendly
- Credit/Debit card not available
- Only one account base currency
- High withdrawal fee for wire transfers
|
- Free withdrawal
- No deposit fee
- Several account base currencies
- Credit/Debit card not available
|
|
web trading platform
|
- User-friendly
- Two-step (safer) login
- Modern design
- Poor search function
- Limited customizability (for charts, workspace)
- No price alerts
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- Limited customizability (for charts, workspace)
- No price alerts
|
|
mobile trading platform
|
- User-friendly
- Two-step (safer) login
- Order confirmation
- Poor search function
- No price alerts
- No Touch/Face ID login
|
- User-friendly
- Two-step (safer) login
- Touch/Face ID login
|
|
desktop trading platform
|
|
|
|
markets and products
|
|
- Stock
- ETF
- Fund
- Bond
- Options
- Futures
- Crypto
|
|
research
|
- Access to highly functional API
- Great charting tools
- Data on asset fundamentals
|
- Good interactive chart
- Data on asset fundamentals
|
|
customer service
|
- Great Slack and community forums
- No phone support
- No live chat
- Mediocre email support
|
- Phone support
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- Demo account
- Trading platform tutorial
- Educational videos
|
- Trading platform tutorial
- Educational videos
- No demo account
- Available only in English and Dutch
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Does not hold a banking license
- Not listed on stock exchange
- Financial information is not publicly available
|
- Majority of clients belong to a top-tier financial authority
- Banking background by joining flatex Bank AG
- Not listed on stock exchange
- Financial information is not publicly available
|
| recommended for |
Traders interested in algorithmic stock trading
|
Price-sensitive buy-and-hold investors and traders looking only to carry out transactions
|
