| overall rating |
|
|
| overall pros |
- Extensive range of products and exchanges
- Well-made mobile platform
- Rock-solid background
|
- Low mutual fund and bond fees
- Listed on a stock exchange, strong parent company
- Great educational tools
|
| overall cons |
- High fees
- Complicated account opening for non-German and non-Austrian residents
- Slow phone support and no live chat
|
- High fees for stock, ETF, and forex
- Only bank transfer is available for deposits and withdrawals
- Complicated account opening for non-German residents
|
|
fees
|
- High trading fees
- High stock and ETF fees
- High forex fees
|
- Low fees for mutual funds and bonds
- High stock and ETF fees
- High forex fees
|
|
account opening
|
- No minimum deposit
- Fully digital account opening for German and Austrian residents
- Slow
- Not fully digital
- Complicated account opening for non-German residents
|
- No minimum deposit
- Low minimum deposit
- Fully digital account opening for German clients
- Slow
- Not fully digital
- Not user-friendly
|
|
deposit and withdrawal
|
- Free withdrawal
- No deposit fee
- Several account base currencies
- Credit/Debit card not available
- Slow withdrawal - over 3 days
|
- 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
- Two-step (safer) login
- No price alerts
- CFD trading is on a separate platform
|
- 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
- Two-step (safer) login
- Price alerts
|
- User-friendly
- Two-step (safer) login
- Good search function
|
|
desktop trading platform
|
- Good customizability (for charts, workspace)
- Two-step (safer) login
- Price alerts
- No clear fee report available
- Outdated design
|
- 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
- Forex
- Fund
- Bond
- Options
- Futures
- CFD
- Crypto
- Warrants
|
- Stock
- ETF
- Forex
- Fund
- Bond
- CFD
- Warrant
- Certificate
- Turbo
|
|
research
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
- News are only available in German
|
- Good interactive chart
- Data on asset fundamentals
- No trading ideas
- No/poor quality news flow
|
|
customer service
|
- Phone support
- Relevant answers
- 24/7 support
- Slow phone support
- Deactivated live-chat
|
- 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
- Banking background
- Listed on stock exchange
|
- Majority of clients belong to a top-tier financial authority
- Banking background
- Listed on stock exchange
|
| recommended for |
Investors and CFD traders speaking Germand and focusing on European securities
|
Investors and CFD traders speaking German and focusing on European securities
|
