Updated September 29, 2026 · BrokerCue Editorial Team
flatex Online-Broker (DE) vs Trading 212
Where flatex Online-Broker (DE) and Trading 212 differ
| Compare |  flatex Online-Broker (DE) | Trading 212 ReviewSee alternativesSee alternatives |
|---|---|---|
| Stock trade fee | €5.90 | £0 |
| Account fee | €0 | £0 |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsCovers more | Stocks, ETFs, Forex, CFDs |
| Regulators | BaFin | Financial Conduct Authority, Cyprus Securities and Exchange Commission, Cyprus Securities and Exchange Commission (CySEC) |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Platforms | Web, Mobile | Trading 212 App, Web Platform |
| Account types | Joint | ISA, SIPP, JointCovers more |
| Minimum deposit | Not confirmed | £1 |
| Inactivity fee | Not confirmed | £0 |
| Currency conversion fee | 0.4% | Not confirmed |
| Deposit and withdrawal fees | Free | Not confirmed |
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Key differences
- Trading 212 scores higher overall: 9.3 vs 8.8.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- Regulators: only Trading 212 offers Financial Conduct Authority, Cyprus Securities and Exchange Commission, Cyprus Securities and Exchange Commission (CySEC).
- Trading 212 is licensed in 1 more country.
- Markets: only flatex Online-Broker (DE) offers Options, Crypto, Bonds.
- Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
- Platforms: only Trading 212 offers Trading 212 App, Web Platform.
- Account types: only Trading 212 offers ISA, SIPP.
- Features: only flatex Online-Broker (DE) offers Crypto.
- Features: only Trading 212 offers Fractional shares.
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.
Trading 212
Trading 212 suits UK and European beginners who want flat costs: a stock trade fee of £0, an account fee of £0 and an ISA, SIPP and joint account. Forex and CFDs share the same menu, so the easy entry is the reason to look closer, not to trade heavily.
Score breakdown
| Area | flatex Online-Broker (DE) | Trading 212 |
|---|---|---|
| Cost | 8.8Account fee of €0, a flat €5.90 per stock trade and free deposits. | 9.3HigherCharges sit at the floor: £0 on a trade, £0 on the account, £0 when idle. |
| Offer | 9.2 | 9.2 |
| Trust | 8.6 | 9.5Higher |
Pick flatex Online-Broker (DE) if, pick Trading 212 if
Pick flatex Online-Broker (DE) if markets matter most.
Pick Trading 212 if cost, trust, and account types matter most.
Licences and countries
| Country | flatex Online-Broker (DE) | Trading 212 |
|---|---|---|
| Cyprus | Not confirmed | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 21380045KC28948FNE32 |
| Germany | Not confirmed | |
| United Kingdom | Not confirmed |
How they place
| Ranking | flatex Online-Broker (DE) | Trading 212 |
|---|---|---|
| Stock and ETF brokers | 178 of 471 | 83 of 471 |
| Investment platforms and apps | 36 of 86 | 19 of 86 |
| Forex brokers | 75 of 147 | 35 of 147 |
| Low-spread forex brokers | 73 of 145 | 33 of 145 |
| CFD brokers | 63 of 122 | 27 of 122 |
Sources behind this comparison
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
Trading 212
- en.wikipedia.org: 13 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | flatex Online-Broker (DE) | Trading 212 |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Fractional shares, Demo account, Mobile app |
| Pricing model | Low fees | Commission free |
| Audience | Not confirmed | Beginners |
| Legal entity | flatexDEGIRO SE | Trading 212 Markets Ltd |
| Headquarters | Germany | Cyprus |
| Founded | Not confirmed | 2006 |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | flatex Online-Broker (DE) | Trading 212 | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | £1below the median | £20 |
| Currency conversion fee | 0.4%below the median | Not confirmed | 0.45% |
Median across 38 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.
Trading 212
Pros
- Nothing to pay for holding or for going quiet: the account fee reads £0 and the inactivity fee reads £0.
- Trading shares costs £0, the same stock trade fee eToro lists at $0, so the trade price is not the reason to move.
- The entry of £1 sits under the $5 Vantage asks for, which matters for a first transfer.
Cons
- The market list pairs shares and ETFs with forex and CFDs in stocks, etfs and forex, so a platform aimed at beginners, beginners, also carries leveraged products.
- The fee sheet is the easy part: retail accounts lose money at 70.15% across the brokers compared, and a £0 trade cost does not remove that risk.
- The money side runs through Trading 212 Markets Ltd in Cyprus, registered with the Cyprus Securities and Exchange Commission as MiCA CASP 21380045KC28948FNE32, so a UK saver is dealing with a Cyprus entity alongside the UK one.
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
Trading 212
Who it suits
- Beginners and small regular investors who want a low bar to entry, since the minimum deposit is £1 and the app and demo account in fractional shares, demo account and mobile app support a cautious start.
- UK and European savers who care about holding cost, because the account fee of £0 and the inactivity fee of £0 leave the account free to sit and free to open.
- Savers who want a tax-wrapped and shared holding together, since isa, sipp and joint covers an ISA, a SIPP and a joint account under one provider.
Who should look elsewhere
- Not for forex and CFD traders who want a deeper market list: Trading 212 stops at stocks, etfs and forex, while eToro and Vantage cover more of the leveraged side.
- Not for anyone who needs a no-cost opening: CFI takes a minimum deposit of $0 against the £1 asked here.
- Not for savers who want a bigger spread of wrappers: the account range is listed as isa, sipp and joint, which does not stretch to every tax-sheltered account type.
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) | Trading 212 |
|---|---|---|
| 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.
Trading 212
What is the minimum deposit to open a Trading 212 account?+
The published minimum deposit is £1, low enough to open and fund in one step. That entry sits under the €4.64 level seen across the brokers compared here, and under the $5 Vantage asks for, so a small first transfer is enough to get going.
Does Trading 212 charge for keeping an account open or leaving it idle?+
The account fee reads £0 and the inactivity fee reads £0, so neither holding the account nor letting it sit dormant is billed on the published sheet. The €10 inactivity level across the brokers compared sits well above that floor, which is where dormant-account charges usually show up.
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