Updated September 29, 2026 · BrokerCue Editorial Team

flatex Online-Broker (DE) vs FXTM

flatex Online-Broker (DE) scores 8.8 and FXTM 9.3 out of 10. Compare their differences and shared features below.

flatex Online-Broker (DE)

8.8/10

Facts checked September 26, 2026.

FXTM

9.3/10

Facts checked September 26, 2026.

Where flatex Online-Broker (DE) and FXTM differ

flatex Online-Broker (DE) vs FXTM
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flatex Online-Broker (DE)flatex Online-Broker (DE)
ReviewSee alternativesSee alternatives
FXTM
ReviewSee alternativesSee alternatives
MarketsStocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsStocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, Metals
RegulatorsBaFinFCA, CySEC
Investor protectionEU ICS up to EUR 20,000FSCS up to GBP 85,000
Deposit and withdrawal feesFreeNo deposit fees; withdrawal fees vary by method
PlatformsWeb, MobileDesktop, Mobile App, MetaTrader 4, MetaTrader 5
Minimum depositNot confirmed$10
Stock trade fee€5.90Not confirmed
Account fee€0Not confirmed
Inactivity feeNot confirmed$5
Retail accounts that lose moneyNot confirmed88%
Currency conversion fee0.4%Not confirmed
Account typesJointNot confirmed
Maximum retail leverageNot confirmed1:2000

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Key differences

  • FXTM scores higher overall: 9.3 vs 8.8.
  • Regulators: only flatex Online-Broker (DE) offers BaFin.
  • Regulators: only FXTM offers FCA, CySEC.
  • FXTM is licensed in 1 more country.
  • Markets: only flatex Online-Broker (DE) offers Options, Funds.
  • Markets: only FXTM offers Futures.
  • Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
  • Platforms: only FXTM offers Desktop, Mobile App, MetaTrader 4.
  • Support channels: only flatex Online-Broker (DE) offers Email, Phone.
  • Features: only FXTM offers Copy trading.

Our verdict on each

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.

Read the full flatex Online-Broker (DE) review

FXTM

FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.

Read the full FXTM review

Score breakdown

flatex Online-Broker (DE) vs FXTM
Areaflatex Online-Broker (DE)FXTM
Cost8.8Account fee of €0, a flat €5.90 per stock trade and free deposits.9.0HigherEntry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5.
Offer9.29.3Higher
Trust8.69.5Higher

Side by side, item by item

flatex Online-Broker (DE) vs FXTM
Marketsflatex Online-Broker (DE)FXTM
StocksYesYes
ETFsYesYes
ForexYesYes
CFDsYesYes
OptionsYesNo
FuturesNoYes
CryptoYesYes
BondsYesYes
FundsYesNo
MetalsYesYes

How they place

flatex Online-Broker (DE) vs FXTM
Rankingflatex Online-Broker (DE)FXTM
Stock and ETF brokers178 of 47168 of 471
Forex brokers75 of 14730 of 147
Low-spread forex brokers73 of 14528 of 145
CFD brokers63 of 12224 of 122

Every fact side by side

flatex Online-Broker (DE) vs FXTM
Factflatex Online-Broker (DE)FXTM
FeaturesCrypto, Demo account, Mobile appDemo account, Copy trading, Mobile app, CryptoCovers more
Pricing modelLow feesNot confirmed
Legal entityflatexDEGIRO SENot confirmed
HeadquartersGermanyNot confirmed
Support channelsEmail, Phone, Help centreCovers moreHelp centre

Where each stands against the rest

flatex Online-Broker (DE) vs FXTM
Factflatex Online-Broker (DE)FXTMMedian
Minimum depositNot confirmed$10below the median$25
Stock trade fee€5.90highest quarterNot confirmed€1
Account fee€0at the medianNot confirmed€0
Inactivity feeNot confirmed$5above the median$0
Retail accounts that lose moneyNot confirmed88%highest quarter72.05%
Currency conversion fee0.4%below the medianNot confirmed0.45%

Median across 134 listed brokers.

Pros and cons

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.

FXTM

Pros

  • One account spans stocks, etfs and forex.
  • The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
  • Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.

Cons

  • Dormant balances are charged $5, a cost active traders never meet.
  • Support runs on help centre only.
  • Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.

Who each suits

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

FXTM

Who it suits

  • Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
  • Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
  • Clients who want regulation in the UK and Cyprus under FCA and CySEC.

Who should look elsewhere

  • Anyone who wants to open with nothing: CFI has a $0 minimum.
  • Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
  • Small accounts wanting a cheaper opening: Vantage starts at $5.

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

flatex Online-Broker (DE) vs FXTM
Countryflatex Online-Broker (DE)FXTM
GermanyYesNo

Questions about each

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.

FXTM

What does it cost to open and keep an FXTM account?+

Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.

Is my money protected at FXTM?+

FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.

Other options to compare

Other matchups

FXTM

Higher score in this comparison

9.3/10See alternatives

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