Updated September 29, 2026 · BrokerCue Editorial Team
flatex Online-Broker (DE) vs XTB
Where flatex Online-Broker (DE) and XTB differ
| Compare |  flatex Online-Broker (DE) |  XTB |
|---|---|---|
| Stock trade fee | €5.90 | €0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsCovers more | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | BaFin | Cyprus Securities and Exchange Commission (CySEC), FCA, KNF |
| Currency conversion fee | 0.4%Lower | 0.5% |
| Deposit and withdrawal fees | Free | Free deposits; free withdrawals above 100 EUR/USD |
| Platforms | Web, Mobile | XStation 5, XStation Mobile |
| Minimum deposit | Not confirmed | €0 |
| Inactivity fee | Not confirmed | €10 |
| Retail accounts that lose money | Not confirmed | 77% |
| Account types | Joint | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
Same on both: Account fee (€0), Investor protection (EU ICS up to EUR 20,000).
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Key differences
- XTB scores higher overall: 9.3 vs 8.8.
- Regulators: only flatex Online-Broker (DE) offers BaFin.
- Regulators: only XTB offers Cyprus Securities and Exchange Commission (CySEC), FCA, KNF.
- XTB is licensed in 2 more countries.
- Stock trade fee is lower at XTB: €0 vs €5.90.
- Currency conversion fee is lower at flatex Online-Broker (DE): 0.4% vs 0.5%.
- Markets: only flatex Online-Broker (DE) offers Options, Bonds, Funds.
- Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
- Platforms: only XTB offers XStation 5, XStation Mobile.
- Support channels: only flatex Online-Broker (DE) offers Help centre.
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.
XTB
XTB suits retail traders who want to hold stocks, ETFs, forex, CFDs and crypto under one Cyprus-based account without a monthly charge. The account fee is €0, deposits cost nothing, and CySEC, FCA and KNF authorisations sit behind a legal entity founded in 2002.
Score breakdown
| Area | flatex Online-Broker (DE) | XTB |
|---|---|---|
| Cost | 8.8Account fee of €0, a flat €5.90 per stock trade and free deposits. | 9.1Higher |
| Offer | 9.2 | 9.3Higher |
| Trust | 8.6 | 9.6Higher |
Cost in a real example
A year: 5,000 invested, 4 US stock trades a month
flatex Online-Broker (DE)
€303.20
48 × €5.90 + 1 × €0 + 0.4% of 5,000
XTB
€25
48 × €0 + 1 × €0 + 0.5% of 5,000
XTB costs €278.20 less.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
How they place
| Ranking | flatex Online-Broker (DE) | XTB |
|---|---|---|
| Stock and ETF brokers | 178 of 471 | 3 of 471 |
| Forex brokers | 75 of 147 | 2 of 147 |
| Low-spread forex brokers | 73 of 145 | 2 of 145 |
| CFD brokers | 63 of 122 | 2 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
XTB
- xtb.com: 10 facts, checked September 26, 2026
- hello-brokers.com: 5 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
- linkedin.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | flatex Online-Broker (DE) | XTB |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Demo account, Mobile app, Crypto |
| Pricing model | Low fees | Commission free, Low feesCovers more |
| Audience | Not confirmed | Beginners |
| Legal entity | flatexDEGIRO SE | XTB Limited |
| Headquarters | Germany | Cyprus |
| Founded | Not confirmed | 2002 |
| Support channels | Email, Phone, Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | flatex Online-Broker (DE) | XTB | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | €0below the median | €1 |
| Stock trade fee | €5.90highest quarter | €0below the median | €1 |
| Account fee | €0at the median | €0at the median | €0 |
| Inactivity fee | Not confirmed | €10above the median | €2.45 |
| Retail accounts that lose money | Not confirmed | 77%highest quarter | 72.05% |
| Currency conversion fee | 0.4%below the median | 0.5%above the median | 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.
XTB
Pros
- Account fee of €0 on the standard account, and stock trades cost €0.
- Minimum deposit of €0, so the account opens without a funding floor.
- Regulated by CySEC, the FCA and KNF across Cyprus, the UK and Poland.
Cons
- An inactivity fee of €10 applies, unlike eToro, which has no such charge.
- Forex and CFD trading is not cost free: fx trading costs 0.5%.
- CFDs carry a high proportion of losing retail accounts, and XTB's own figure is 77%.
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
XTB
Who it suits
- Retail traders in the UK and Europe who want stocks, ETFs, forex, CFDs and crypto in one account
- Beginners who want a demo account and a mobile app before committing money
- Cost conscious traders who will not hold a balance large enough to trigger the inactivity fee
Who should look elsewhere
- Vantage, if a small minimum deposit of $5 suits a smaller starting balance better
- CFI, for traders who want forex and CFDs without paying an fx charge of 0.5%
- Anyone who plans to hold an idle balance for a long period, given the inactivity fee of €10
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) | XTB |
|---|---|---|
| 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.
XTB
What does XTB charge to open and hold an account?+
The account fee is €0, so there is no monthly or annual cost to keeping the account open. A stock trade costs €0 on the same account. The only recurring charge to watch is an inactivity fee of €10 for traders whose balance sits idle.
Is there a minimum deposit at XTB?+
The minimum deposit is €0, which means the account can be opened and funded with a small amount. It is a lower floor than the $5 asked by Vantage, so it suits a trader testing the platform before scaling up.
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