CommerzbankCustody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90)
- Published fee
- Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90)
- Minimum deposit
- 0 €
Broker comparison
Commerzbank vs.
HypoVereinsbank
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonCommerzbank
HypoVereinsbankVS
Summary
Your goal decides
Commerzbank and HypoVereinsbank (HVB) are two large German banks with almost identical fee logic: both offer a free online depot and order fees from around €4.90 plus 0.25% (Commerzbank, minimum €9.90) or from €4.95 plus 0.25% (HVB). The product range is congruent too — stocks, ETFs, bonds, funds and certificates, each without options trading. The difference is in the background: Commerzbank (rated 3.7/5, Frankfurt) is Germany's second-largest private bank, while HVB (3.6/5, Munich) belongs to the European UniCredit Group. The choice usually comes down to an existing banking relationship, branch proximity and advisory service.
CommerzbankSecurities trading at Germany's second-largest private bank
HypoVereinsbankSecurities trading at HypoVereinsbank – part of the UniCredit Group
At a glance
The key differences
| Criterion | Commerzbank | HypoVereinsbank |
|---|---|---|
| Platforms | Commerzbank Web, Commerzbank App | HVB Web, HVB App |
| Product types | Stocks, ETFs, Bonds, Funds, Certificates | Stocks, ETFs, Bonds, Funds, Certificates |
| Options trading | No | No |
| Fee model | Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90) | Custody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25% |
| Minimum deposit | 0 € | 0 € |
| Regulation | BaFin | BaFin |
| More information | Details | Details |
Platforms
Commerzbank
Commerzbank Web, Commerzbank App
HypoVereinsbank
HVB Web, HVB App
Product types
Commerzbank
Stocks, ETFs, Bonds, Funds, Certificates
HypoVereinsbank
Stocks, ETFs, Bonds, Funds, Certificates
Options trading
Commerzbank
No
HypoVereinsbank
No
Fee model
Commerzbank
Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90)
HypoVereinsbank
Custody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25%
Minimum deposit
Commerzbank
0 €
HypoVereinsbank
0 €
Regulation
Commerzbank
BaFin
HypoVereinsbank
BaFin
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
CommerzbankHypoVereinsbankCustody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25%
- Published fee
- Custody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25%
- Minimum deposit
- 0 €
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Commerzbank and HypoVereinsbank, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Commerzbank | HypoVereinsbank |
|---|---|---|
| ETF savings plan, ≈ €200 a month | €3DirektDepot ETF plan: 0.25% + €2.50 (€0.50 + €2.50) | €3ETF savings online: 1.5% × €200 (selected ETFs without purchase fee) |
| 10 stock buys of ≈ €1,000 a month | €99DirektDepot: 0.25% + €4.90, min €9.90 × 10, plus exchange/third-party costs | €89SmartDepot: 0.25%, min €8.90 × 10, OTC (Xetra/gettex: +€3.50 flat) |
| Custody and account fee per year | €0DirektDepot free with ≥1 order per quarter (else 0.175% p.a., min €4.95/qtr) | €0HVB SmartDepot: custody free |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: commerzbank.de · hypovereinsbank.de
Execution quality
Order type, venue and liquidity affect execution.
CommerzbankCheck the provider’s execution policy and available order types for your account.
Provider informationHypoVereinsbankCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
CommerzbankStocksETFsBondsFundsCertificates
HypoVereinsbankStocksETFsBondsFundsCertificates
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
CommerzbankCommerzbank Web · Commerzbank App
Commerzbank offers securities trading through its web platform and the Commerzbank App. The online platform enables order placement, portfolio overview, and market analysis directly in the browser. The mobile app provides quick access to quotes and order functions on the go. Both platforms are solid and reliable but could be more modern in terms of design and user-friendliness. However, for the occasional investor, they offer all necessary features.
Explore platformHypoVereinsbankHVB Web · HVB App
HypoVereinsbank offers securities trading through HVB Web and the HVB App. The web platform enables management of the DirectDepot with order placement, portfolio overview, and market data. The mobile app provides quick access to key portfolio functions. The platforms are purpose-built and security-focused but offer fewer trading venues and trading tools than pure online brokers.
Explore platformCommerzbank
Commerzbank AG, Frankfurt am Main
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
CommerzbankFor investors who want to trade online themselves at a branch bank with no custody fee.
- Major bank with comprehensive product range
- Free DirektDepot without minimum deposit
- Branches throughout Germany
- Order fees higher than online brokers
- Complex fee structure
HypoVereinsbankFor customers in southern Germany who use HypoVereinsbank as their house bank. In the SmartDepot orders are slightly cheaper, with a flat fee added on exchanges; Eurex options are available.
- Strong parent company UniCredit
- Free DirectDepot available
- Comprehensive investment advice
- Order fees on the higher side
- Branch advice comes with additional costs
Find the broker that fits
Commerzbank oder HypoVereinsbank?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Commerzbank and HypoVereinsbank 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.
In-depth analysis
Order fees and custody: The two banks are effectively level on cost. Commerzbank charges via its DirektDepot from €4.90 plus 0.25% of order value (minimum €9.90); HVB via the HVB DirectDepot from €4.95 plus 0.25%. Both depots carry no custody fee and the minimum deposit is €0 at each. A meaningful cost advantage is hard to identify for this pair.
Products: The offering is identically structured at both — stocks, ETFs, bonds, funds and certificates including structured products. Neither bank offers options or CFDs. Both therefore target classic securities investors and certificate buyers rather than derivatives traders.
Profile and verdict: Commerzbank (rated 3.7/5) is positioned as Germany's standalone second-largest private bank, while HVB (3.6/5) benefits from being part of the European UniCredit Group with extensive branch advice. As fees and product range are near-identical, the practical decision usually comes down to your existing banking relationship, branch proximity and the level of advice you want.
Your questions
Frequently asked questions
How do fees differ between Commerzbank and HypoVereinsbank?
Commerzbank: Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). HypoVereinsbank: Custody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25%. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Commerzbank or HypoVereinsbank?
Commerzbank offers Stocks, ETFs, Bonds, Funds, Certificates. HypoVereinsbank offers Stocks, ETFs, Bonds, Funds, Certificates.
How are Commerzbank and HypoVereinsbank regulated?
The broker profiles list BaFin for Commerzbank and BaFin for HypoVereinsbank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Commerzbank or HypoVereinsbank better for beginners?
Commerzbank lists a 0 € minimum deposit and offers Commerzbank Web, Commerzbank App. HypoVereinsbank lists 0 € and offers HVB Web, HVB App. Compare usability, available products and costs for your intended use.
Commerzbank vs HypoVereinsbank: Which broker is better overall?
The choice between Commerzbank (3.7/5, 1800 reviews) and HypoVereinsbank (3.6/5, 950 reviews) depends on your needs. Commerzbank: Securities trading at Germany's second-largest private bank. HypoVereinsbank: Securities trading at HypoVereinsbank – part of the UniCredit Group.
Your next step
Your next step
CommerzbankSecurities trading at Germany's second-largest private bank
Open accountRead reviewHypoVereinsbankSecurities trading at HypoVereinsbank – part of the UniCredit Group
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.