Compare Alpaca Trading vs Flatex


Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against Flatex!

Alpaca Trading vs Flatex
overall rating
4.6
4.3
overall pros
  • Great API trading service
  • Free stock & ETFs
  • Fantastic charting tools
  • Low stock, ETF, fund and bond fees
  • Strong company background
  • Great educational tools
overall cons
  • Customer support limited to email
  • Limited deposit and withdrawal options
  • Only US stocks and ETFs available
  • High forex fees and margin rates
  • Complicated account opening for non-German residents
  • Only bank transfer available for deposits and withdrawals
fees
4.9
  • Commission-Free Stock and ETF Trading
  • No inactivity fee
  • No withdrawal fee
3.1
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High forex fees
  • High margin rates
account opening
4.8
  • Fast
  • Fully digital
  • No minimum deposit
  • Bit complex process for integrating third-party tools
2.0
  • No minimum deposit
  • Fully digital account opening for German/Austrian clients
  • Slow
  • Not fully digital
  • Not user-friendly
deposit and withdrawal
1.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
web trading platform
3.7
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • No price alerts
  • Limited customizability
  • Limited search function
3.5
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No clear fee report available
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Order confirmation
  • Poor search function
  • No price alerts
  • No Touch/Face ID login
4.5
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
desktop trading platform
  • Limited order types
2.8
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Two-step (safer) login
  • Not user-friendly
  • No clear fee report available
  • Available only for a fee
markets and products
2.0
  • Stock
  • ETF
4.2
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • CFD
  • Warrants
  • Certificates
  • Turbos
research
5.0
  • Access to highly functional API
  • Great charting tools
  • Data on asset fundamentals
  • No trading ideas
2.8
  • Good interactive chart
  • Data on asset fundamentals
  • No trading ideas
  • No/poor quality news flow
customer service
1.9
  • Great Slack and community forums
  • Email support
  • No phone support
  • No live chat
  • Mediocre email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
  • 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
  • Listed on stock exchange
recommended for Traders interested in algorithmic stock trading Investors and CFD traders speaking German and focusing on European securities
×