| overall rating |
|
|
| overall pros |
- Free stock and ETF trading
- Outstanding research
- Great customer service
|
- Low stock, ETF, fund and bond fees
- Strong company background
- Great educational tools
|
| overall cons |
- High fees for some mutual funds
- Only US/Canada markets available
|
- High forex fees and margin rates
- Complicated account opening for non-German residents
- Only bank transfer available for deposits and withdrawals
|
|
fees
|
- Free stock/ETF trading
- Some mutual funds and bonds are free
- Low non-trading fees
- High fees for non-free mutual funds
|
- Low non-trading fees
- Low stock and ETF fees / Free stock trading
- Low fund fees
- High forex fees
- High margin rates
|
|
account opening
|
- Fast
- Fully digital
- No minimum deposit
- $25,000 minimum deposit for non-US clients
|
- No minimum deposit
- Fully digital account opening for German/Austrian 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
- 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
- Available only for a fee
|
|
markets and products
|
- Stock
- ETF
- Fund
- Bond
- Options
- Futures
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Warrants
- Certificates
- Turbos
|
|
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
|
- Demo account
- Trading platform tutorial
- Educational videos
|
- 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 traders speaking German and focusing on European securities
|
