Updated September 29, 2026 · BrokerCue Editorial Team
flatex Online-Broker (DE) vs Libertex
What sets them apart
| Compare |  flatex Online-Broker (DE) | Libertex ReviewSee alternativesSee alternatives |
|---|---|---|
| Stock trade fee | €5.90 | €0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsCovers more | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Metals |
| Regulators | BaFin | Cyprus Securities and Exchange Commission (CySEC) |
| Deposit and withdrawal fees | Free | Withdrawal fees depend on payment method |
| Platforms | Web, Mobile | Libertex, MetaTrader 4, MetaTrader 5 |
| Minimum deposit | Not confirmed | €100 |
| Account fee | €0 | Not confirmed |
| Inactivity fee | Not confirmed | $5 |
| Retail accounts that lose money | Not confirmed | 83% |
| Currency conversion fee | 0.4% | Not confirmed |
| Account types | Joint | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- Libertex scores higher overall: 9.1 vs 8.8.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- Regulators: only Libertex offers Cyprus Securities and Exchange Commission (CySEC).
- Stock trade fee is lower at Libertex: €0 vs €5.90.
- Markets: only flatex Online-Broker (DE) offers Funds.
- Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
- Platforms: only Libertex offers Libertex, MetaTrader 4, MetaTrader 5.
- Support channels: only flatex Online-Broker (DE) offers Help centre.
- Support channels: only Libertex offers Chat.
- Pricing model: only flatex Online-Broker (DE) offers Low fees.
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.
Libertex
Libertex suits EU traders who want forex, CFDs, options, crypto and share dealing under a single Cyprus Securities and Exchange Commission licence. Stock trades cost €0 on a commission free pricing model, and client protection is stated as EU ICS up to EUR 20,000.
Score breakdown
| Area | flatex Online-Broker (DE) | Libertex |
|---|---|---|
| Cost | 8.8Account fee of €0, a flat €5.90 per stock trade and free deposits. | 8.9HigherStock trade fee ranks 1 of 161, while the minimum deposit of €100 is high for a first payment. |
| Offer | 9.2 | 9.6Higher |
| Trust | 8.6 | 9.0Higher |
Where each is licensed and available
| Country | flatex Online-Broker (DE) | Libertex |
|---|---|---|
| Cyprus | Not confirmed | |
| Germany | Not confirmed |
Choosing between them
Pick flatex Online-Broker (DE) if markets matter most.
Pick Libertex if offer, trust, and stock trade fee matter most.
How they place
| Ranking | flatex Online-Broker (DE) | Libertex |
|---|---|---|
| Stock and ETF brokers | 178 of 471 | 117 of 471 |
| Forex brokers | 75 of 147 | 51 of 147 |
| Low-spread forex brokers | 73 of 145 | 49 of 145 |
| CFD brokers | 63 of 122 | 41 of 122 |
| Options trading platforms | 60 of 103 | 41 of 103 |
Every fact side by side
| Fact | flatex Online-Broker (DE) | Libertex |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Crypto, Mobile app, Demo account |
| Pricing model | Low fees | Commission free |
| Legal entity | flatexDEGIRO SE | Indication Investments Ltd |
| Headquarters | Germany | Cyprus |
| Founded | Not confirmed | 1997 |
| Support channels | Email, Phone, Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | flatex Online-Broker (DE) | Libertex | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | €100highest quarter | €1 |
| Stock trade fee | €5.90highest quarter | €0below the median | €1 |
| Account fee | €0at the median | Not confirmed | €0 |
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | Not confirmed | 83%highest quarter | 72.05% |
| Currency conversion fee | 0.4%below the median | Not confirmed | 0.45% |
Median across 52 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.
Libertex
Pros
- Stock trades cost €0 under a commission free pricing model
- Markets span stocks, etfs and forex under one regulated entity
- Retail leverage of 1:30 is available for EU clients
Cons
- The minimum deposit of €100 is high next to the brands compared here
- An inactivity fee of $5 applies to dormant accounts
- Retail accounts that lose money run at 83%
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
Libertex
Who it suits
- Traders who want forex, CFDs, options, crypto and shares in a single account
- MetaTrader users who prefer a familiar charting platform
- EU clients who value CySEC oversight and Investor Compensation Scheme cover
Who should look elsewhere
- CFD traders who want a lower entry point, since CFI opens accounts from $0 against €100 here
- Savers who leave balances untouched, because an inactivity fee of $5 applies
- Anyone who needs no cap on retail leverage, since retail leverage stops at 1:30
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 | flatex Online-Broker (DE) | Libertex |
|---|---|---|
| Germany | Yes | No |
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.
Libertex
What does it cost to trade stocks at Libertex?+
Stock trades are charged at €0 and the pricing model is commission free, so no separate dealing commission is added on top. Withdrawal costs also matter, since Withdrawal fees depend on payment method and the method you choose sets the amount.
What is the minimum deposit to open an account?+
The minimum deposit is €100, which sits above what most of the field asks for a first payment. CFI opens accounts from $0 and Vantage from $5, so anyone starting with a smaller sum is better served elsewhere.
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