Commerzbank
BaFin
Deutsche Bank
BaFin
Commerzbank vs Deutsche Bank
Head-to-Head Comparison 2026
By SofiaOur Verdict
Commerzbank and Deutsche Bank are two large German banks, both BaFin-regulated with a free online depot. Deutsche Bank (rated 3.8/5, Germany's largest bank) trades via maxblue from €8.90 per online order as a flat fee and offers the broadest product range — stocks, ETFs, bonds, funds, certificates and warrants — plus a comprehensive research department. Commerzbank (3.7/5, second-largest private bank) charges via its DirektDepot from €4.90 plus 0.25% (minimum €9.90) — cheaper on small orders, but pricier on large volumes due to the percentage component. For maximum product breadth and research Deutsche Bank leads; for smaller orders Commerzbank can be cheaper. Neither offers options trading.
Comparison Table
| Criteria | Commerzbank | Deutsche Bank |
|---|---|---|
| Rating | 3.7/5 (1800 reviews) | 3.8/5 (2100 reviews)✓ |
| Regulation | BaFin | BaFin |
| Fees | Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90) | Custody fee from €0 (maxblue), order fee from €8.90 (online) |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Bonds, Funds, Certificates | Stocks, ETFs, Bonds, Funds, Certificates, Warrants✓ |
| Platforms | Commerzbank Web, Commerzbank App | maxblue Web, Deutsche Bank App |
| Options Trading | No | No |
| Execution Speed | ~50 ms (Xetra Direct via Commerzbank-Routing) | ~30 ms (Xetra Direct, own market infrastructure) |
| Founded | 1870 | 1870 |
| Headquarters | Frankfurt | Frankfurt |
Detailed Comparison
Fee Comparison
Commerzbank: Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). Minimum deposit: 0 €.
Deutsche Bank: Custody fee from €0 (maxblue), order fee from €8.90 (online). Minimum deposit: 0 €.
Execution Quality
Commerzbank
Execution: ~50 ms (Xetra Direct via Commerzbank-Routing)
Deutsche Bank
Execution: ~30 ms (Xetra Direct, own market infrastructure)
Product Range
Deutsche BankCommerzbank (5 categories)
Deutsche Bank (6 categories)
Trading Platforms
Commerzbank
- Commerzbank Web
- Commerzbank App
Deutsche Bank
- maxblue Web
- Deutsche Bank App
Regulation & Security
Commerzbank is regulated by BaFin (HQ: Frankfurt).
Deutsche Bank is regulated by BaFin (HQ: Frankfurt).
Who Is It For?
Commerzbank
Securities trading at Germany's second-largest private bank
✓ Major bank with comprehensive product range
✓ Free DirektDepot without minimum deposit
✓ Branches throughout Germany
✗ Order fees higher than online brokers
✗ Complex fee structure
Deutsche Bank
Securities trading at Germany's largest bank
✓ Germany's largest bank with highest deposit protection
✓ maxblue online depot without custody fees
✓ Wide range of certificates and bonds
✗ Order fees significantly higher than neobrokers
✗ Online platform not state of the art
In-Depth Analysis: Commerzbank vs Deutsche Bank
Order fees and custody: Both banks offer a free depot (Commerzbank DirektDepot, Deutsche Bank maxblue). The order-fee models differ fundamentally: Commerzbank charges from €4.90 plus 0.25% of order value with a €9.90 minimum, while Deutsche Bank via maxblue charges a flat fee from €8.90 per online order. On smaller orders the maxblue flat fee wins; on larger volumes Commerzbank's percentage component can weigh in. Minimum deposit is €0 at both.
Products and research: Deutsche Bank offers the broader range with stocks, ETFs, bonds, funds, certificates and warrants; Commerzbank covers stocks, ETFs, bonds, funds and certificates. Neither offers options trading. A plus for Deutsche Bank is access to one of the industry's most comprehensive research departments.
Profile and verdict: Both are BaFin-regulated; Deutsche Bank is Germany's largest bank (rated 3.8/5, execution per the data ~30 ms), Commerzbank the second-largest private bank (3.7/5, ~50 ms). For investors who value maximum product breadth, warrants and research, Deutsche Bank is the stronger choice; those trading mainly smaller orders who prefer simpler fee logic may do better at Commerzbank.
Frequently Asked Questions
Is Commerzbank or Deutsche Bank cheaper?
Which broker offers more products: Commerzbank or Deutsche Bank?
Which broker is better regulated?
Is Commerzbank or Deutsche Bank better for beginners?
Commerzbank vs Deutsche Bank: Which broker is better overall?
Commerzbank
Securities trading at Germany's second-largest private bank
Open Account →From 0 € min. deposit