Updated September 29, 2026 · BrokerCue Editorial Team
flatex Online-Broker (DE) vs Robinhood
Where flatex Online-Broker (DE) and Robinhood differ
| Compare |  flatex Online-Broker (DE) |  Robinhood |
|---|---|---|
| Stock trade fee | €5.90 | $0 |
| Account fee | €0 | $0 |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, Metals | Stocks, ETFs, Options, Futures, Crypto |
| Regulators | BaFin | Bank of Lithuania (LSC), LT BL, SIPC |
| Deposit and withdrawal fees | Free | $100 outgoing transfer |
| Platforms | Web, Mobile | Robinhood app, Robinhood Legend |
| Account types | Joint | IRA, Roth IRA, JointCovers more |
| Minimum deposit | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Currency conversion fee | 0.4% | Not confirmed |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | $0 |
| Maximum retail leverage | Not confirmed | 10X |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- Robinhood scores higher overall: 9.4 vs 8.8.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL, SIPC.
- Robinhood is licensed in 1 more country.
- Markets: only flatex Online-Broker (DE) offers Forex, CFDs, Bonds.
- Markets: only Robinhood offers Futures.
- Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
- Platforms: only Robinhood offers Robinhood app, Robinhood Legend.
- Account types: only Robinhood offers IRA, Roth IRA.
- Features: only flatex Online-Broker (DE) offers Demo account.
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.
Robinhood
Robinhood suits first-time investors and small, regular investors who want nothing charged for holding or trading. It is the cheapest way in on our data, with a minimum deposit of $0, no account fee and no inactivity charge, under the Bank of Lithuania and SIPC.
Score breakdown
| Area | flatex Online-Broker (DE) | Robinhood |
|---|---|---|
| Cost | 8.8Account fee of €0, a flat €5.90 per stock trade and free deposits. | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 9.2 | 9.3Higher |
| Trust | 8.6 | 9.3Higher |
Licences and countries
| Country | flatex Online-Broker (DE) | Robinhood |
|---|---|---|
| Germany | Not confirmed | |
| Lithuania | Not confirmed | Bank of Lithuania (LSC) MiCA CASP 254900GTP4UXQO1UMI36 LT_BL PSD_PI 306377915 |
| United States | Not confirmed | SIPC SIPC member 69916 |
Where they rank in our lists
| Ranking | flatex Online-Broker (DE) | Robinhood |
|---|---|---|
| Stock and ETF brokers | 178 of 471 | 13 of 471 |
| Investment platforms and apps | 36 of 86 | 1 of 86 |
| Options trading platforms | 60 of 103 | 1 of 103 |
Where these facts come from
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
Robinhood
- finder.com: 7 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
- mymillennialguide.com: 4 facts, checked September 26, 2026
- financer.com: 2 facts, checked September 26, 2026
- robinhood.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | flatex Online-Broker (DE) | Robinhood |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Crypto, Fractional shares, Options, Futures, Mobile app |
| Pricing model | Low fees | Commission free, Low feesCovers more |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | flatexDEGIRO SE | Robinhood Europe UAB |
| Headquarters | Germany | Lithuania |
| Founded | Not confirmed | 2013 |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | flatex Online-Broker (DE) | Robinhood | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $0below the median | $25 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Currency conversion fee | 0.4%below the median | Not confirmed | 0.45% |
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.75% |
| Options contract fee | Not confirmed | $0lowest quarter | $0.625 |
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.
Robinhood
Pros
- Nothing to pay to open or hold an account, with an account fee of $0 and an inactivity fee of $0
- Trading a share costs $0, so a small first order is not eaten by commission
- You can start with a deposit of $0, lower than most brands on our data
Cons
- Leverage is available at 10X, which magnifies losses as well as gains
- Outgoing transfers carry a charge of $100 outgoing transfer
- Margin borrowing is priced at a margin rate of 3.95%, so interest adds to your cost
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
Robinhood
Who it suits
- Beginners opening a first account with a small deposit
- Day-traders working in options, futures and crypto on mobile
- Retirement investors using an IRA, Roth IRA or joint account
Who should look elsewhere
- Vantage if a flat minimum deposit of $5 suits you better
- CFI if you want forex and CFDs alongside shares, since its markets cover stocks, etfs and forex
- eToro if social copy trading matters more than options and futures
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) | Robinhood |
|---|---|---|
| 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.
Robinhood
What does it cost to trade shares on Robinhood?+
Trading a share costs $0, and an options contract costs $0. There is also an account fee of $0 and an inactivity fee of $0, so nothing is taken for simply holding the account open. Borrowing on margin is charged at a margin rate of 3.95%, which is the main running cost if you use leverage.
Is there a minimum deposit to open a Robinhood account?+
The minimum deposit is $0, so you can open an account and place a small first order without funding a large balance. It is worth comparing that with the deposits other brands ask for before you commit, since the figure varies widely across the market. Outgoing transfers are charged at $100 outgoing transfer, so factor that in if you plan to move money out early.
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