Broker comparison

CapTrader vs.
Flatex

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

CapTrader has a higher rating of 4.3/5 compared to Flatex (4.2/5). The minimum deposit is lower at Flatex with 0 €. Flatex has been in the market since 2006, making it the more experienced provider. Execution speed: CapTrader ~25 ms (via IBKR routing), Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S).

German introducing broker for Interactive Brokers with top conditions

Flat-fee broker with broad product range and options trading

At a glance

The key differences

Criterion
PlatformsTWS, CapTrader App, IBKR MobileFlatex Web, Flatex App, Flatex Trader 2.0
Product typesStocks, Options, Futures, Forex, ETFs, Bonds, CFDsStocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Options tradingYes, comprehensive options and futures tradingYes, Eurex and US options via Flatex
Fee modelfrom €2 per stock order, from $2 per US option€5.90 flat fee per order plus exchange fees
Minimum deposit2.000 €0 €
RegulationBaFinBaFin
More informationDetailsDetails

Platforms

CapTrader

TWS, CapTrader App, IBKR Mobile

Flatex

Flatex Web, Flatex App, Flatex Trader 2.0

Product types

CapTrader

Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs

Flatex

Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives

Options trading

CapTrader

Yes, comprehensive options and futures trading

Flatex

Yes, Eurex and US options via Flatex

Fee model

CapTrader

from €2 per stock order, from $2 per US option

Flatex

€5.90 flat fee per order plus exchange fees

Minimum deposit

CapTrader

2.000 €

Flatex

0 €

Regulation

CapTrader

BaFin

Flatex

BaFin

More information

CapTrader

Details

Flatex

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from €2 per stock order, from $2 per US option

Published fee
from €2 per stock order, from $2 per US option
Minimum deposit
2.000 €
See terms at provider

€5.90 flat fee per order plus exchange fees

Published fee
€5.90 flat fee per order plus exchange fees
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksOptionsFuturesForexETFsBondsCFDs
StocksETFsOptionsFuturesFundsBondsDerivatives

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

TWS · CapTrader App · IBKR Mobile

CapTrader offers the renowned Trader Workstation (TWS) as its main platform, the CapTrader App, and the IBKR Mobile App. The TWS is one of the most powerful trading platforms in the world, offering real-time charting with over 100 technical indicators, option chains with Greeks, strategy builders for complex option strategies, risk management tools, and algorithmic trading. The mobile app also enables access to all markets and order types on the go.

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Flatex Web · Flatex App · Flatex Trader 2.0

Flatex offers three trading platforms: Flatex Web enables comfortable browser-based trading with chart analysis and order masks. The Flatex App provides mobile trading with push notifications, watchlists, and quick order placement. Flatex Trader 2.0 is the professional desktop platform with real-time charts, over 80 technical indicators, Level 2 market depth, and advanced order types. All platforms provide access to the Eurex derivatives market and support trading at numerous national and international exchanges.

Explore platform

Regulation & security

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

German introducing broker for Interactive Brokers with top conditions

  • Access to over 150 exchanges worldwide
  • Comprehensive options trading
  • German support with IB technology
  • Minimum deposit €2,000
  • TWS platform complex for beginners

Flat-fee broker with broad product range and options trading

  • Simple flat-fee structure
  • Eurex options trading available
  • Wide range of savings plans
  • Negative interest on cash balances
  • Additional exchange fees

Find the broker that fits

CapTrader oder Flatex?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

CapTrader4.3
  • Access to over 150 exchanges worldwide
  • Comprehensive options trading
  • German support with IB technology
Flatex4.2
  • Simple flat-fee structure
  • Eurex options trading available
  • Wide range of savings plans
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between CapTrader and Flatex?
CapTrader: from €2 per stock order, from $2 per US option. Flatex: €5.90 flat fee per order plus exchange fees. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CapTrader or Flatex?
CapTrader offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs. Flatex offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.
How are CapTrader and Flatex regulated?
The broker profiles list BaFin for CapTrader and BaFin for Flatex. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CapTrader or Flatex better for beginners?
CapTrader lists a 2.000 € minimum deposit and offers TWS, CapTrader App, IBKR Mobile. Flatex lists 0 € and offers Flatex Web, Flatex App, Flatex Trader 2.0. Compare usability, available products and costs for your intended use.
CapTrader vs Flatex: Which broker is better overall?
The choice between CapTrader (4.3/5, 580 reviews) and Flatex (4.2/5, 1500 reviews) depends on your needs. CapTrader: German introducing broker for Interactive Brokers with top conditions. Flatex: Flat-fee broker with broad product range and options trading.

Your next step

Your next step

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Keep learning

Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.
Terms in the glossary:PremiumCall optionMarginExercisePut option