Basic data of broker
Recommended for Traders and investors looking for execution only
Best discount broker
Recommended for Investors and traders speaking German and focusing on European securities
Netherlands
Germany
Fees
Low trading and non-trading fees, one free ETF trading per month
Average trading and non-trading fees, low fund fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
4
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
>3 days
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
€100k for cash and €20k for securities
€100k for cash and €20k for securities
€100k for cash and €20k for securities
€100k for cash and €20k for securities
2008
2005
Germany
Germany
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
DEGIRO's service is slightly better than flatex's and a comparison of their fees shows that DEGIRO's fees are lower than flatex's.
Account opening takes less effort at DEGIRO compared to flatex, deposit and withdrawal processes are about the same quality at DEGIRO, while customer service quality is similar to flatex's.
Our experts rated the trading platform of DEGIRO as somewhat better than the platform of flatex, found that clients have access to slightly less markets and products with DEGIRO, while flatex provides just about the same quality of research and education.