Compare Barclays vs Flatex


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

Barclays vs Flatex
overall rating
4.3
4.2
overall pros
  • Low fees
  • Solid company background
  • Great fundamental research
  • Low mutual fund and bond fees
  • Listed on a stock exchange, strong parent company
  • Great educational tools
overall cons
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
  • High fees for stock, ETF, and forex
  • Only bank transfer is available for deposits and withdrawals
  • Complicated account opening for non-German residents
fees
4.4
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
3.1
  • Low fees for mutual funds and bonds
  • High stock and ETF fees
  • High forex fees
account opening
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
1.8
  • No minimum deposit
  • Low minimum deposit
  • Fully digital account opening for German clients
  • Slow
  • Not fully digital
  • Not user-friendly
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
2.5
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
web trading platform
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
3.3
  • 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
4.3
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
desktop trading platform
2.8
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Two-step (safer) login
  • Not user-friendly
  • No clear fee report available
  • Not free of charge
markets and products
1.4
  • Stock
  • ETF
  • Fund
  • Bond
4.2
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • CFD
  • Warrant
  • Certificate
  • Turbo
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
2.8
  • Good interactive chart
  • Data on asset fundamentals
  • No trading ideas
  • No/poor quality news flow
customer service
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational texts
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
recommended for Long-term investors looking for a broker with low fees and solid background Investors and CFD traders speaking German and focusing on European securities
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