Commerzbank
BaFin
HypoVereinsbank
BaFin
Commerzbank vs HypoVereinsbank
Head-to-Head Comparison 2026
By SofiaOur Verdict
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.
Comparison Table
| Criteria | Commerzbank | HypoVereinsbank |
|---|---|---|
| Rating | 3.7/5 (1800 reviews)✓ | 3.6/5 (950 reviews) |
| Regulation | BaFin | BaFin |
| Fees | 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% |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Bonds, Funds, Certificates | Stocks, ETFs, Bonds, Funds, Certificates |
| Platforms | Commerzbank Web, Commerzbank App | HVB Web, HVB App |
| Options Trading | No | No |
| Execution Speed | ~50 ms (Xetra Direct via Commerzbank-Routing) | — |
| Founded | 1870 | 1998 |
| Headquarters | Frankfurt | München |
Detailed Comparison
Fee Comparison
Commerzbank: Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). Minimum deposit: 0 €.
HypoVereinsbank: Custody fee from €0 (HVB DirectDepot), order fee from €4.95 + 0.25%. Minimum deposit: 0 €.
Execution Quality
Commerzbank
Execution: ~50 ms (Xetra Direct via Commerzbank-Routing)
HypoVereinsbank
No data available
Product Range
Commerzbank (5 categories)
HypoVereinsbank (5 categories)
Trading Platforms
Commerzbank
- Commerzbank Web
- Commerzbank App
HypoVereinsbank
- HVB Web
- HVB App
Regulation & Security
Commerzbank is regulated by BaFin (HQ: Frankfurt).
HypoVereinsbank is regulated by BaFin (HQ: München).
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
HypoVereinsbank
Securities trading at HypoVereinsbank – part of the UniCredit Group
✓ Strong parent company UniCredit
✓ Free DirectDepot available
✓ Comprehensive investment advice
✗ Order fees on the higher side
✗ Branch advice comes with additional costs
In-Depth Analysis: Commerzbank vs HypoVereinsbank
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.
Frequently Asked Questions
Is Commerzbank or HypoVereinsbank cheaper?
Which broker offers more products: Commerzbank or HypoVereinsbank?
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Is Commerzbank or HypoVereinsbank better for beginners?
Commerzbank vs HypoVereinsbank: Which broker is better overall?
Commerzbank
Securities trading at Germany's second-largest private bank
Open Account →From 0 € min. deposit
HypoVereinsbank
Securities trading at HypoVereinsbank – part of the UniCredit Group
Open Account →From 0 € min. deposit