Basic data of broker
Recommended for Investors and traders speaking German and focusing on European securities
Recommended for Investors and traders looking for zero-commission trading and easy platforms
Best broker for IPO
USA, Hong Kong and Macao
Average trading and non-trading fees, low fund fees
Commission-free stock and ETF trading, low non-trading fees
Stock and ETF fees
Deposit and withdrawal
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: SSN / passport / national ID card / driver's license/tax identification number
Markets and products
€100,000 for cash deposits and €20,000 for securities
$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China
USA, Hong Kong
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.
flatex's service is slightly weaker than Webull's and a comparison of their fees shows that flatex's fees are higher than Webull's.
Account opening takes more effort at flatex compared to Webull, deposit and withdrawal processes are somewhat easier at flatex, while customer service quality is better than Webull's.
Our experts rated the trading platform of flatex as less user-friendly than the platform of Webull, found that clients have access to more markets and products with flatex, while Webull provides better research and education.