Targobank
Securities trading and asset management at Targobank
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
Key Features
Stocks
Stocks trading available
ETFs
ETFs trading available
Bonds
Bonds trading available
Funds
Funds trading available
Targobank Web
Trading Platform
Targobank App
Trading Platform
Advantages
- BaFin-regulated bank with long history
- Free online custody account
- Personal advice in branches available
Disadvantages
- Higher order fees than discount brokers
- Limited selection of trading venues
- Few advanced trading features
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
About Targobank
Targobank has a long history: founded in 1926 as Kundenkreditbank, it is headquartered in Düsseldorf and today belongs to the French Crédit Mutuel Alliance Fédérale. The bank is regulated by BaFin and offers a comprehensive securities portfolio alongside traditional banking services, including a free online custody account. The product range includes stocks, ETFs, bonds, and funds. Targobank primarily targets conservative retail investors and customers who want to utilize asset management services alongside securities trading. Order fees start from 8.90 euros for orders up to 10,000 euros. Targobank stands out through its personal advisory services at its branches. For investors looking for a traditional bank with branch service and a free online custody account simultaneously, Targobank is a solid choice. Deposit protection safeguards customer funds up to 100,000 euros.
Targobank FAQ
Is the custody account at Targobank free?
What order fees does Targobank charge?
Does Targobank offer asset management?
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Popular Strategies to Try
Concrete example trades you can replicate after opening your account at Targobank.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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