comdirect

4.4(1800)

BaFin

Flatex

4.2(1500)

BaFin

comdirect vs Flatex

Head-to-Head Comparison 2026

Our Verdict

Flatex offers lower order fees (€5.90 flat fee vs. €4.90 + 0.25% at comdirect) and comprehensive options trading. comdirect scores as a full bank with checking account, better customer service, and broader educational offerings. For active traders and options traders, Flatex is cheaper; for investors who want to combine banking and brokerage, comdirect is more convenient.

Comparison Table

Criteria	comdirect	Flatex
Rating	4.4/5 (1800 reviews)✓	4.2/5 (1500 reviews)
Regulation	BaFin✓	BaFin
Fees	€4.90 base fee + 0.25% of order volume (min. €9.90)	€5.90 flat fee per order plus exchange fees✓
Min. Deposit	0 €	0 €
Instruments	Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives	Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives✓
Platforms	comdirect App, comdirect Web, ProTrader	Flatex Web, Flatex App, Flatex Trader 2.0
Options Trading	Yes, Eurex options trading available	Yes, Eurex and US options via Flatex
Founded	1994	2006
Headquarters	Quickborn	Frankfurt

Detailed Comparison

Fee Comparison

Flatex

comdirect: €4.90 base fee + 0.25% of order volume (min. €9.90). Minimum deposit: 0 €.

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

Product Range

Flatex

comdirect (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

Flatex (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

Trading Platforms

comdirect

comdirect App
comdirect Web
ProTrader

Flatex

Flatex Web
Flatex App
Flatex Trader 2.0

Regulation & Security

comdirect

comdirect is regulated by BaFin (HQ: Quickborn).

Flatex is regulated by BaFin (HQ: Frankfurt).

Who Is It For?

comdirect

Direct bank with comprehensive securities and options trading

✓ Eurex options trading available

✓ Full bank with checking account

✓ Comprehensive educational resources

✗ Higher fees than neobrokers

✗ Custody fee without activity

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 comdirect or Flatex cheaper?

comdirect charges €4.90 base fee + 0.25% of order volume (min. €9.90). Flatex charges €5.90 flat fee per order plus exchange fees. The minimum deposit is 0 € at comdirect and 0 € at Flatex.

Which broker offers more products: comdirect or Flatex?

comdirect offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives. Flatex offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.

Which broker is better regulated?

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

Is comdirect or Flatex better for beginners?

comdirect has a minimum deposit of 0 € and offers comdirect App, comdirect Web, ProTrader as platforms. Flatex has a minimum deposit of 0 € and offers Flatex Web, Flatex App, Flatex Trader 2.0. comdirect has the lower entry barrier.

comdirect vs Flatex: Which broker is better overall?

The choice between comdirect (4.4/5, 1800 reviews) and Flatex (4.2/5, 1500 reviews) depends on your needs. comdirect: Direct bank with comprehensive securities and options trading. Flatex: Flat-fee broker with broad product range and options trading.

comdirect

Direct bank with comprehensive securities and options trading

Open Account →

From 0 € min. deposit

Flatex

Flat-fee broker with broad product range and options trading

Open Account →

From 0 € min. deposit

comdirect read review →Flatex read review →