Updated September 29, 2026 · BrokerCue Editorial Team
eToro vs flatex Online-Broker (DE)
What sets them apart
| Compare |  eToro |  flatex Online-Broker (DE) |
|---|---|---|
| Stock trade fee | $0 | €5.90 |
| Account fee | $0 | €0 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Futures | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, Metals |
| Regulators | Cyprus Securities and Exchange Commission (CySEC), SIPC | BaFin |
| Account types | ISA | Joint |
| Currency conversion fee | Not confirmed | 0.4% |
| Deposit and withdrawal fees | Not confirmed | Free |
| Platforms | Not confirmed | Web, Mobile |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- eToro scores higher overall: 9.2 vs 8.8.
- Regulators: only eToro offers Cyprus Securities and Exchange Commission (CySEC), SIPC.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- eToro is licensed in 1 more country.
- Markets: only eToro offers Futures.
- Markets: only flatex Online-Broker (DE) offers Options, Bonds, Funds.
- Account types: only eToro offers ISA.
- Account types: only flatex Online-Broker (DE) offers Joint.
- Support channels: only flatex Online-Broker (DE) offers Email, Phone.
- Features: only eToro offers Fractional shares, Copy trading.
Our verdict on each
eToro
eToro suits readers who want to hold shares, ETFs, crypto, forex and CFDs in one app without paying commission on trades. Costs look light on the standard account, with a stock trade fee of $0 and account fee of $0, though the account fee applies to the virtual portfolio rather than every standard account.
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 | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Cost | 9.3HigherCommission-free pricing with a stock trade fee of $0 and account fee of $0, but currency conversion on non-USD balances sits outside that headline. | 8.8Account fee of €0, a flat €5.90 per stock trade and free deposits. |
| Offer | 8.8 | 9.2Higher |
| Trust | 9.3Higher | 8.6 |
How they place
| Ranking | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Stock and ETF brokers | 6 of 471 | 178 of 471 |
| Forex brokers | 4 of 147 | 75 of 147 |
| Low-spread forex brokers | 4 of 145 | 73 of 145 |
| CFD brokers | 4 of 122 | 63 of 122 |
Licences and countries
| Country | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 213800GIFQMSV7HROS23 | Not confirmed |
| Germany | Not confirmed | |
| United States | SIPC SIPC member 70212 | Not confirmed |
Side by side, item by item
| Markets | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Options | No | Yes |
| Futures | Yes | No |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
| Metals | No | Yes |
| Account types | eToro | flatex Online-Broker (DE) |
|---|---|---|
| ISA | Yes | No |
| Joint | No | Yes |
What we checked
eToro
- etoro.com: 9 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
flatex Online-Broker (DE)
- flatex.de: 9 facts, checked September 26, 2026
- brokerchooser.com: 3 facts, checked September 26, 2026
- en.wikipedia.org: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Features | Crypto, Demo account, Fractional shares, Copy trading, Mobile appCovers more | Crypto, Demo account, Mobile app |
| Pricing model | Commission free | Low fees |
| Audience | Beginners | Not confirmed |
| Legal entity | eToro (Europe) Ltd | flatexDEGIRO SE |
| Headquarters | Cyprus | Germany |
| Founded | 2007 | Not confirmed |
| Support channels | Help centre | Email, Phone, Help centreCovers more |
Robo-advisors
| Fact | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Management fee | 0% | Not confirmed |
| Minimum investment | $500 | Not confirmed |
| Portfolio types | ETF, ESG, Cash, Crypto | Not confirmed |
Where each stands against the rest
| Fact | eToro | flatex Online-Broker (DE) | Median |
|---|---|---|---|
| Currency conversion fee | Not confirmed | 0.4%below the median | 0.45% |
Median across 38 listed brokers.
Pros and cons
eToro
Pros
- No commission on share dealing: stock trade fees are $0
- No account fee on the standard dealing account: $0
- Regulated in Cyprus by the Cyprus Securities and Exchange Commission, and a SIPC member in the US
Cons
- A separate management fee of 0% applies to the managed portfolio service, so headline dealing costs are not the whole bill
- Support runs on help centre only, so there is no stated phone or live chat route for account problems
- The same commission-free model at XTB comes with a stated stock trade fee of €0, so commission alone does not separate the two
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
eToro
Who it suits
- Beginners who want commission-free share dealing plus fractional shares
- Readers who want stocks, ETFs, crypto, forex and CFDs in one place
- Anyone saving in a currency other than US dollars who wants to watch the cost of conversion
Who should look elsewhere
- Readers who want a stated phone or live chat support channel, since support runs on help centre
- Day traders who judge a broker on spreads alone, as no spread figure is listed
- Anyone wanting managed portfolios at no cost, since the management fee is 0%
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 | eToro | flatex Online-Broker (DE) |
|---|---|---|
| Germany | No | Yes |
Questions about each
eToro
What does it cost to buy shares with eToro?+
The stock trade fee is $0, and the account fee is $0. Both sit at the low end of the market, and eToro is ranked at 1 on trade fees and 1 on account fees among the brands compared here. Currency conversion can still apply if your balance is not in the account currency.
Is there an account fee on the standard eToro account?+
The account fee is $0 for the standard dealing account, which is why eToro places at 1 out of 138 brands on that measure. The managed portfolio service is charged differently, at a management fee of 0%, so treat the dealing and portfolio costs as two separate lines.
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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