Broker comparison

CapTrader vs.
S Broker

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

CapTrader has a higher rating of 4.3/5 compared to S Broker (3.8/5). The minimum deposit is lower at S Broker with 0 €. Oversight: CapTrader: IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management; S Broker: BaFin. CapTrader: Yes, listed options: Eurex, US. S Broker: Yes, Eurex trading available. S Broker has been in the market since 2001, making it the more experienced provider.

German introducing broker for Interactive Brokers with top conditions

The online broker of the Sparkassen financial group

At a glance

The key differences

Criterion
PlatformsTWS, CapTrader App, IBKR MobileS Broker App, S Broker Web, Marktinvestor pro
Product typesStocks, Options, Futures, Forex, ETFs, Bonds, CFDsStocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Options tradingYes, listed options: Eurex, USYes, Eurex trading available
Fee modelEurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimums€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
Minimum deposit2.000 €0 €
RegulationIBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset managementBaFin
More informationDetailsDetails

Platforms

CapTrader

TWS, CapTrader App, IBKR Mobile

S Broker

S Broker App, S Broker Web, Marktinvestor pro

Product types

CapTrader

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

S Broker

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

Options trading

CapTrader

Yes, listed options: Eurex, US

S Broker

Yes, Eurex trading available

Fee model

CapTrader

Eurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimums

S Broker

€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)

Minimum deposit

CapTrader

2.000 €

S Broker

0 €

Regulation

CapTrader

IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management

S Broker

BaFin

More information

CapTrader

Details

S Broker

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Terms by market

Eurex
Germany: from €2.00 per contract; check the fee schedule for details and minimums
US
US: from USD 3.50 per contract; check the fee schedule for details and minimums
Minimum deposit
2.000 €
See terms at provider

€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)

Published fee
€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
Minimum deposit
0 €
See terms at provider

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

Worked out

What does it actually cost?

Typical months at CapTrader and S Broker, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioCapTraderS Broker
ETF savings plan, ≈ €200 a month€4Single Xetra buy: 0.10%, min €4.00 (FNZ savings plan fees not verified)€0ETF savings plan execution free of charge
10 stock buys of ≈ €1,000 a month€40Xetra: 0.10% × €1,000 = €1 → €4.00 minimum × 10€9.50Instant order: €0.95 × 10, no venue fee (own venue choice: €0.95 + 0.25% plus exchange fee)
10 US option contracts a monthUS$35US options: $3.50 per contract × 10—No derivatives/US options in price list
Custody and account fee per year€0Account maintenance free€0Custody free of charge

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: captrader.com · captrader.com · captrader.com · sbroker.de

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.

Explore platform

S Broker App · S Broker Web · Marktinvestor pro

S Broker offers three trading platforms: The S Broker App enables mobile trading with price alerts and quick order placement. The S Broker Web platform provides comprehensive market data, chart analysis, and portfolio overview. Marktinvestor pro is the professional platform for active traders, offering real-time prices, technical analysis, customizable chart layouts, and an extended order book. All platforms support Eurex trading and various order types.

Explore platform

Regulation & security

CapTrader

Interactive Brokers Ireland Limited (account holder); CapTrader GmbH, Düsseldorf, acts as introducing broker

Supervisor
Central Bank of Ireland (IBIE), BaFin
Investor compensation
Securities segregated at IBIE; Irish investor compensation (ICCL): 90% up to €20,000
Cash
IBIE is not a deposit bank: client money segregated; ICCL 90% up to €20,000 (shared limit)

S Broker

S Broker AG & Co. KG, Wiesbaden

Supervisor
BaFin
Investor compensation
Securities are segregated client assets; member of the Savings Banks Finance Group protection scheme
Cash
Balances protected by the German Savings Banks Finance Group scheme (statutory min. €100,000)

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

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

The online broker of the Sparkassen financial group

  • Sparkassen security and trust
  • Eurex options trading available
  • Wide product range
  • Higher fees than neobrokers
  • Custody fee without activity

Find the broker that fits

CapTrader oder S Broker?

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
S Broker3.8
  • Sparkassen security and trust
  • Eurex options trading available
  • Wide product range
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

CapTrader and S Broker do not earn the same way

The table shows what they cost. These lessons show how they earn, which is what the difference is made of.

Who is on the other side?

Whether your order leaves the building or stops at the desk

Open the lesson →

The fill you actually get

Why the price on screen and the price you get are not the same

Open the lesson →

Reading the disclosures

Which entity you actually contract with, and what it committed to

Open the lesson →

Your questions

Frequently asked questions

How do fees differ between CapTrader and S Broker?
CapTrader: Eurex: Germany: from €2.00 per contract; check the fee schedule for details and minimums; US: US: from USD 3.50 per contract; check the fee schedule for details and minimums. S Broker: €4.99 + 0.25% of order volume (min. €8.99, max. €54.99). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CapTrader or S Broker?
CapTrader offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs. S Broker offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.
How are CapTrader and S Broker regulated?
The broker profiles list IBIE (account-carrying): Central Bank of Ireland; CapTrader GmbH: BaFin for financial services, e.g. asset management for CapTrader and BaFin for S Broker. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CapTrader or S Broker better for beginners?
CapTrader lists a 2.000 € minimum deposit and offers TWS, CapTrader App, IBKR Mobile. S Broker lists 0 € and offers S Broker App, S Broker Web, Marktinvestor pro. Compare usability, available products and costs for your intended use.
CapTrader vs S Broker: Which broker is better overall?
The choice between CapTrader (4.3/5, 580 reviews) and S Broker (3.8/5, 620 reviews) depends on your needs. CapTrader: German introducing broker for Interactive Brokers with top conditions. S Broker: The online broker of the Sparkassen financial group.

Your next step

Your next step

Keep comparing

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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