| overall rating |
|
|
| overall pros |
- Free stock and ETF trading
- Outstanding research
- Great customer service
|
- Low mutual fund and bond fees
- Listed on a stock exchange, strong parent company
- Great educational tools
|
| overall cons |
- High fees for some mutual funds
- Product selection covers only the US market
- Not well-structured educational platform
|
- High fees for stock, ETF, and forex
- Only bank transfer is available for deposits and withdrawals
- Complicated account opening for non-German residents
|
|
fees
|
- Low non-trading fees
- Free stock and ETF trading
- Some mutual funds and bonds are free
- High fees for non-free mutual funds
|
- Low fees for mutual funds and bonds
- High stock and ETF fees
- High forex fees
|
|
account opening
|
- Fast
- Fully digital
- No minimum deposit
- For non-US clients $25,000 minimum deposit
|
- No minimum deposit
- Low minimum deposit
- Fully digital account opening for German clients
- Slow
- Not fully digital
- Not user-friendly
|
|
deposit and withdrawal
|
- No deposit fee
- User-friendly
- High fee for wire (bank transfer) withdrawals
|
- 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
|
- User-friendly
- Clear fee report
- Price alerts
- Limited customizability (for charts, workspace)
|
- 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
|
- User-friendly
- Touch/Face ID login
- Order confirmation
|
- User-friendly
- Two-step (safer) login
- Good search function
|
|
desktop trading platform
|
- Clear fee report
- Good customizability (for charts, workspace)
- Good variety of order types
|
- 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
|
- Stock
- ETF
- Fund
- Bond
- Options
- Futures
|
- Stock
- ETF
- Forex
- Fund
- Bond
- CFD
- Warrant
- Certificate
- Turbo
|
|
research
|
- Good interactive chart
- Data on asset fundamentals
- Trading ideas for stocks and ETFs
- Hard to navigate among research tools
|
- Good interactive chart
- Data on asset fundamentals
- No trading ideas
- No/poor quality news flow
|
|
customer service
|
- Phone support
- Live chat
- Fast response time
|
- Phone support
- Fast response time
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- Trading platform tutorial
- Educational videos
- No demo account
- Not well-structured
|
- Demo account
- Trading platform tutorial
- Educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Banking background
- No negative balance protection
|
- Majority of clients belong to a top-tier financial authority
- Banking background
- Listed on stock exchange
|
| recommended for |
Investors and traders looking for solid research, low fees and great customer service
|
Investors and CFD traders speaking German and focusing on European securities
|
