Updated September 28, 2026 · BrokerCue Editorial Team

flatex Online-Broker (DE) vs Wealthsimple

flatex Online-Broker (DE) scores 8.8 and Wealthsimple 9.4 out of 10. Compare their differences and shared features below.

flatex Online-Broker (DE)

8.8/10

Facts checked September 26, 2026.

Wealthsimple

9.4/10

Facts checked September 26, 2026.

Where flatex Online-Broker (DE) and Wealthsimple differ

flatex Online-Broker (DE) vs Wealthsimple
Compare
flatex Online-Broker (DE)flatex Online-Broker (DE)
ReviewSee alternativesSee alternatives
WealthsimpleWealthsimple
ReviewSee alternativesSee alternatives
Stock trade fee€5.90CA$0
Account fee€0CA$0
MarketsStocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsStocks, ETFs, Options, Crypto, Futures
Account typesJointJoint, CorporateCovers more
Minimum depositNot confirmedCA$0
RegulatorsBaFinNot confirmed
Investor protectionEU ICS up to EUR 20,000Not confirmed
Currency conversion fee0.4%Not confirmed
Margin rateNot confirmed3.95%
Options contract feeNot confirmedCA$0
Deposit and withdrawal feesFreeNot confirmed
PlatformsWeb, MobileNot confirmed
Interest on cashNot confirmed1.25%

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Key differences

  • Wealthsimple scores higher overall: 9.4 vs 8.8.
  • Markets: only flatex Online-Broker (DE) offers Forex, CFDs, Bonds.
  • Markets: only Wealthsimple offers Futures.
  • Account types: only Wealthsimple offers Corporate.
  • Support channels: only Wealthsimple offers Chat.
  • Features: only flatex Online-Broker (DE) offers Demo account.
  • Features: only Wealthsimple offers Fractional shares.
  • Pricing model: only flatex Online-Broker (DE) offers Low fees.
  • Pricing model: only Wealthsimple offers Commission free.

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

Wealthsimple

Wealthsimple serves Canadian beginners and experienced investors who want self-directed trading and managed portfolios in a single app. The minimum deposit is CAD 0, the stock trade fee is CAD 0 and the account fee is CAD 0, while the UK is not among its markets (stocks, etfs and options).

Read the full Wealthsimple review

Score breakdown

flatex Online-Broker (DE) vs Wealthsimple
Areaflatex Online-Broker (DE)Wealthsimple
Cost8.8Account fee of €0, a flat €5.90 per stock trade and free deposits.9.6HigherMinimum deposit of CAD 0, stock trade fee of CAD 0, options contract fee of CAD 0 and account fee of CAD 0.
Offer9.29.2Managed portfolios charge 0.5% and start at CAD 1, with cash earning 1.25%.
Trust8.6Not confirmed

Where each is licensed and available

flatex Online-Broker (DE) vs Wealthsimple
Countryflatex Online-Broker (DE)Wealthsimple
GermanyNot confirmed

Side by side, item by item

flatex Online-Broker (DE) vs Wealthsimple
Marketsflatex Online-Broker (DE)Wealthsimple
StocksYesYes
ETFsYesYes
ForexYesNo
CFDsYesNo
OptionsYesYes
FuturesNoYes
CryptoYesYes
BondsYesNo
FundsYesNo
MetalsYesNo
flatex Online-Broker (DE) vs Wealthsimple
Account typesflatex Online-Broker (DE)Wealthsimple
JointYesYes
CorporateNoYes

Where they rank in our lists

flatex Online-Broker (DE) vs Wealthsimple
Rankingflatex Online-Broker (DE)Wealthsimple
Stock and ETF brokers178 of 47162 of 471
Options trading platforms60 of 10318 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

Wealthsimple

  • wealthsimple.com: 13 facts, checked September 26, 2026
  • help.wealthsimple.com: 1 fact, checked September 26, 2026

Every fact side by side

flatex Online-Broker (DE) vs Wealthsimple
Factflatex Online-Broker (DE)Wealthsimple
FeaturesCrypto, Demo account, Mobile appCrypto, Fractional shares, Mobile app
Pricing modelLow feesCommission free
AudienceNot confirmedBeginners, Experienced
Legal entityflatexDEGIRO SEWealthsimple Technologies Inc.
HeadquartersGermanyCanada
Support channelsEmail, Phone, Help centreChat, Email, Phone, Help centreCovers more

Robo-advisors

flatex Online-Broker (DE) vs Wealthsimple
Factflatex Online-Broker (DE)Wealthsimple
Management feeNot confirmed0.5%
Minimum investmentNot confirmedCA$1
Portfolio typesNot confirmedETF, Cash, Crypto

Where each stands against the rest

flatex Online-Broker (DE) vs Wealthsimple
Factflatex Online-Broker (DE)WealthsimpleMedian
Minimum depositNot confirmedCA$0at the medianCA$0
Currency conversion fee0.4%below the medianNot confirmed0.45%
Margin rateNot confirmed3.95%lowest quarter8.75%
Options contract feeNot confirmedCA$0lowest quarterCA$1.25
Interest on cashNot confirmed1.25%lowest quarter3%

Median across 43 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.

Wealthsimple

Pros

  • Stock trade fee of CAD 0 on a commission-free model across self-directed accounts
  • Minimum deposit of CAD 0, so an account opens with a small sum
  • Managed portfolios charge a management fee of 0.5% and start at CAD 1

Cons

  • The UK and Europe are not among its markets (stocks, etfs and options), so a reader there would need a different broker
  • Managed portfolios carry a management fee of 0.5% on top of CAD 0 self-directed trades
  • Margin is available at a margin rate of 3.95%, which amplifies losses on a levered position

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

Wealthsimple

Who it suits

  • Canadian beginners putting money away in a managed portfolio
  • Canadian investors buying fractional shares in a mobile app
  • Experienced traders wanting stocks, ETFs, options, crypto and futures in a single account

Who should look elsewhere

  • UK or EU readers, who should look at CFI, eToro or Vantage instead
  • Traders who want a forex and CFD range, since stocks, etfs and options omits both
  • Anyone seeking an ISA, SIPP or similar tax-sheltered wrapper, since neither is among its account types (joint and corporate)

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 Wealthsimple
Countryflatex Online-Broker (DE)Wealthsimple
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.

Wealthsimple

What does it cost to trade stocks at Wealthsimple?+

The stock trade fee is CAD 0 and the account fee is CAD 0. Options contracts carry a fee of CAD 0. Cash earns interest of 1.25%. Managed portfolios are the part that still charges, at a management fee of 0.5%.

Is there a minimum deposit or account fee?+

The minimum deposit is CAD 0 and the account fee is CAD 0, so opening an account costs nothing. Managed portfolios ask for a minimum investment of CAD 1. Brands across the site typically ask €4.64 to start.

Other options to compare

Other matchups

Wealthsimple

Wealthsimple

Higher score in this comparison

9.4/10See alternatives

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