Updated September 28, 2026 · BrokerCue Editorial Team
Axos Invest vs flatex Online-Broker (DE)
Axos Invest vs flatex Online-Broker (DE): the differences
| Compare | Axos Invest ReviewSee alternativesSee alternatives |  flatex Online-Broker (DE) |
|---|---|---|
| Stock trade fee | $0 | €5.90 |
| Markets | Stocks, ETFs, Options, Funds | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsCovers more |
| Regulators | SIPC | BaFin |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Account types | Joint, Roth IRA, IRACovers more | Joint |
| Account fee | Not confirmed | €0 |
| Currency conversion fee | Not confirmed | 0.4% |
| Options contract fee | $0.80 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | Free |
| Platforms | Not confirmed | Web, Mobile |
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Key differences
- Regulators: only Axos Invest offers SIPC.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- Markets: only flatex Online-Broker (DE) offers Forex, CFDs, Crypto.
- Account types: only Axos Invest offers Roth IRA, IRA.
- Support channels: only Axos Invest offers Chat.
- Support channels: only flatex Online-Broker (DE) offers Email, Phone.
- Features: only flatex Online-Broker (DE) offers Crypto, Demo account.
- Pricing model: only Axos Invest offers Commission free.
- Pricing model: only flatex Online-Broker (DE) offers Low fees.
Our verdict on each
Axos Invest
Axos Invest suits US savers who want a managed ETF portfolio alongside self-directed trading in one account. It earns its place on protection, with SIPC up to USD 500,000, while the options contract fee of $0.80 is the cost to watch if you trade options often.
flatex Online-Broker (DE)
flatex suits investors who prefer a flat fee per trade and no account charge. A stock trade costs €5.90, the account fee is €0 and deposits and withdrawals are free, so holding an account costs nothing beyond each order placed.
Score breakdown
| Area | Axos Invest | flatex Online-Broker (DE) |
|---|---|---|
| Cost | 8.7The $100 entry point sits above the €25 site median, and the ranking on minimum investment is 43 of 82. | 8.8HigherAccount fee of €0, a flat €5.90 per stock trade and free deposits. |
| Offer | 8.9 | 9.2Higher |
| Trust | 8.7Higher | 8.6 |
Which one suits you
Pick Axos Invest if account types matter most.
Pick flatex Online-Broker (DE) if offer and markets matter most.
Positions in our rankings
| Ranking | Axos Invest | flatex Online-Broker (DE) |
|---|---|---|
| Stock and ETF brokers | 172 of 471 | 178 of 471 |
| Options trading platforms | 59 of 103 | 60 of 103 |
Every fact side by side
| Fact | Axos Invest | flatex Online-Broker (DE) |
|---|---|---|
| Features | Mobile app | Crypto, Demo account, Mobile appCovers more |
| Pricing model | Commission free | Low fees |
| Legal entity | AXOS INVEST LLC | flatexDEGIRO SE |
| Headquarters | Not confirmed | Germany |
| Support channels | Chat, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Axos Invest | flatex Online-Broker (DE) | Median |
|---|---|---|---|
| Account fee | Not confirmed | €0at the median | €0 |
| Currency conversion fee | Not confirmed | 0.4%below the median | 0.45% |
| Options contract fee | $0.80highest quarter | Not confirmed | $0.625 |
Median across 52 listed brokers.
Pros and cons
Axos Invest
Pros
- One platform covers the managed portfolio and self-directed dealing across stocks, etfs and options.
- The managed range is ETF based, listed as etf, so diversification comes from funds rather than hand-picked shares.
- A mobile app is included, listed under mobile app, for checking the portfolio away from a desktop.
Cons
- Support runs on chat and help centre only, so there is no phone line listed for account questions.
- Account choice stops at joint, roth ira and ira, so the wrappers offered by some rivals are not part of the platform.
- The managed entry point of $100 sits above the €25 site median, and options add $0.80 a contract on top.
flatex Online-Broker (DE)
Pros
- No account fee: €0 on the standard account.
- Deposits and withdrawals are free: free.
- A flat stock trade fee of €5.90 rather than a percentage, with currency exchange at 0.4%.
Cons
- The stock trade fee of €5.90 is higher than most rivals, where the site median is €0.
- Only a joint account type is listed in joint, so there is no ISA or SIPP wrapper for UK investors.
- Support runs on email, phone and help centre only, with no live chat listed.
Who each suits
Axos Invest
Who it suits
- US savers who want retirement wrappers, since the platform lists joint, roth ira and ira.
- Readers who keep trading costs down, since stock trades cost $0 and the pricing model is commission free.
- Couples investing together, since a joint account forms part of joint, roth ira and ira.
Who should look elsewhere
- Anyone who wants to begin with no outlay, since Acorns Checking asks $0.
- Readers who prefer a smaller euro ticket, since Vivid Standard opens at €2.
flatex Online-Broker (DE)
Who it suits
- Investors in Germany who want a flat fee per trade and no account charge
- Long-term stock, ETF, fund and bond holders rather than active traders
- Anyone who needs crypto, forex, CFDs and options under the same account
Who should look elsewhere
- Day traders, who pay €5.90 on every small order where eToro charges $0
- UK investors after an ISA or SIPP wrapper, since joint lists a joint account only
Current offers
flatex Online-Broker (DE)
Current offer
Bonus
20 commission-free trades on account opening: 20 trades
upon account opening
Source, checked September 26, 2026
Country by country
| Country | Axos Invest | flatex Online-Broker (DE) |
|---|---|---|
| Germany | No | Yes |
| United States | Yes | No |
Questions about each
Axos Invest
What does it cost to trade stocks and options on Axos Invest?+
Axos Invest charges $0 for a stock trade on the self-directed side, and the pricing model is listed as commission free. Options carry a contract fee of $0.80, so a strategy leaning on options pays more per trade than one that only buys shares and funds.
How much do I need to start a managed portfolio?+
The managed portfolios start at $100, so a single transfer of that size opens the account. That is lighter than eToro, which asks $500 for its portfolios, and it leaves room to add money in stages rather than committing a large sum on day one.
flatex Online-Broker (DE)
What does it cost to trade a stock at flatex?+
A stock trade costs €5.90 per order, the same flat rate on every trade size. There is no account fee, at €0, so holding an account adds nothing to the bill. For comparison, the typical broker charges €0 per stock trade.
Is there any account or inactivity fee?+
The account fee is €0, so there is nothing to pay for holding the account open. No separate inactivity charge appears in the available details. Across the brokers listed, the highest account fee reaches €219.24.
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