Compare Flatex vs TD Ameritrade


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

Flatex vs TD Ameritrade
overall rating
4.0
4.8
overall pros
  • Low mutual fund and bond fees
  • Listed on a stock exchange, strong parent company
  • Great educational tools
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • High fees for stock, ETF, and forex
  • Only bank transfer is available for deposits and withdrawals
  • Complicated account opening for non-German residents
  • You can trade only in the US markets
  • Slow and not fully digital account opening
  • No credit/debit cards and electronic wallets for money transfer
fees
2.2
  • Low fees for mutual funds and bonds
  • High stock and ETF fees
  • High forex fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
1.8
  • No minimum deposit
  • Low minimum deposit
  • Fully digital account opening for German clients
  • Slow
  • Not fully digital
  • Not user-friendly
2.9
  • No minimum deposit
  • Many account types
  • Not fully digital
deposit and withdrawal
2.5
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee for wire transfers
web trading platform
3.3
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No clear fee report available
  • Limited customizability (for charts, workspace)
  • No price alerts
3.8
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.3
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
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
4.8
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
4.1
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • CFD
  • Warrant
  • Certificate
  • Turbo
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
2.8
  • Good interactive chart
  • Data on asset fundamentals
  • No trading ideas
  • No/poor quality news flow
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
5.0
  • Phone support
  • Live chat
  • Fast response time
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational texts
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Investors and CFD traders speaking German and focusing on European securities Investors and traders looking for solid research and a well-equipped desktop trading platform
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