CapTrader

4.3(580)

BaFin

Flatex

4.2(1500)

BaFin

CapTrader vs Flatex

Head-to-Head Comparison 2026

Our Verdict

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 (über IBKR-Routing), Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S).

Comparison Table

Criteria	CapTrader	Flatex
Rating	4.3/5 (580 reviews)✓	4.2/5 (1500 reviews)
Regulation	BaFin	BaFin
Fees	from €2 per stock order, from $2 per US option	€5.90 flat fee per order plus exchange fees
Min. Deposit	2.000 €	0 €
Instruments	Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs	Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Platforms	TWS, CapTrader App, IBKR Mobile	Flatex Web, Flatex App, Flatex Trader 2.0
Options Trading	Yes, comprehensive options and futures trading	Yes, Eurex and US options via Flatex
Execution Speed	~25 ms (über IBKR-Routing)	~30 ms (Xetra), ~70 ms (Tradegate/L&S)
Founded	2011	2006
Headquarters	Düsseldorf	Frankfurt

Detailed Comparison

Fee Comparison

CapTrader: from €2 per stock order, from $2 per US option. Minimum deposit: 2.000 €.

Flatex: €5.90 flat fee per order plus exchange fees. Minimum deposit: 0 €.

Execution Quality

CapTrader

Execution: ~25 ms (über IBKR-Routing)

Flatex

Execution: ~30 ms (Xetra), ~70 ms (Tradegate/L&S)

Product Range

CapTrader (7 categories)

StocksOptionsFuturesForexETFsBondsCFDs

Flatex (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

Trading Platforms

CapTrader

TWS
CapTrader App
IBKR Mobile

Flatex

Flatex Web
Flatex App
Flatex Trader 2.0

Regulation & Security

CapTrader is regulated by BaFin (HQ: Düsseldorf).

Flatex is regulated by BaFin (HQ: Frankfurt).

Who Is It For?

CapTrader

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

Flatex

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

Frequently Asked Questions

Is CapTrader or Flatex cheaper?

CapTrader charges from €2 per stock order, from $2 per US option. Flatex charges €5.90 flat fee per order plus exchange fees. The minimum deposit is 2.000 € at CapTrader and 0 € at Flatex.

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.

Which broker is better regulated?

CapTrader is regulated by BaFin. Flatex is regulated by BaFin. CapTrader has BaFin regulation, which is particularly advantageous for German investors. Flatex has BaFin regulation, which is particularly advantageous for German investors.

Is CapTrader or Flatex better for beginners?

CapTrader has a minimum deposit of 2.000 € and offers TWS, CapTrader App, IBKR Mobile as platforms. Flatex has a minimum deposit of 0 € and offers Flatex Web, Flatex App, Flatex Trader 2.0. Flatex has the lower entry barrier.

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.

CapTrader

German introducing broker for Interactive Brokers with top conditions

Open Account →

From 2.000 € min. deposit

Flatex

Flat-fee broker with broad product range and options trading

Open Account →

From 0 € min. deposit

CapTrader read review →Flatex read review →