Commerzbank

3.7(1800)

BaFin

Targobank

3.5(850)

BaFin

Commerzbank vs Targobank

Head-to-Head Comparison 2026

Our Verdict

Commerzbank has a higher rating of 3.7/5 compared to Targobank (3.5/5). Commerzbank offers 5 instrument types, while Targobank offers 4. Commerzbank has been in the market since 1870, making it the more experienced provider.

Comparison Table

Criteria	Commerzbank	Targobank
Rating	3.7/5 (1800 reviews)✓	3.5/5 (850 reviews)
Regulation	BaFin	BaFin
Fees	Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90)	Custody fee €0 (online), order fee from €8.90 (up to €10,000)
Min. Deposit	0 €	0 €
Instruments	Stocks, ETFs, Bonds, Funds, Certificates	Stocks, ETFs, Bonds, Funds
Platforms	Commerzbank Web, Commerzbank App	Targobank Web, Targobank App
Options Trading	No	No
Founded	1870	1926
Headquarters	Frankfurt	Düsseldorf

Detailed Comparison

Fee Comparison

Commerzbank: Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). Minimum deposit: 0 €.

Targobank: Custody fee €0 (online), order fee from €8.90 (up to €10,000). Minimum deposit: 0 €.

Product Range

Commerzbank (5 categories)

StocksETFsBondsFundsCertificates

Targobank (4 categories)

StocksETFsBondsFunds

Trading Platforms

Commerzbank

Commerzbank Web
Commerzbank App

Targobank

Targobank Web
Targobank App

Regulation & Security

Commerzbank is regulated by BaFin (HQ: Frankfurt).

Targobank is regulated by BaFin (HQ: Düsseldorf).

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

Targobank

Securities trading and asset management at Targobank

✓ BaFin-regulated bank with long history

✓ Free online custody account

✓ Personal advice in branches available

✗ Higher order fees than discount brokers

✗ Limited selection of trading venues

Frequently Asked Questions

Is Commerzbank or Targobank cheaper?

Commerzbank charges Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). Targobank charges Custody fee €0 (online), order fee from €8.90 (up to €10,000). The minimum deposit is 0 € at Commerzbank and 0 € at Targobank.

Which broker offers more products: Commerzbank or Targobank?

Commerzbank offers Stocks, ETFs, Bonds, Funds, Certificates. Targobank offers Stocks, ETFs, Bonds, Funds.

Which broker is better regulated?

Commerzbank is regulated by BaFin. Targobank is regulated by BaFin. Commerzbank has BaFin regulation, which is particularly advantageous for German investors. Targobank has BaFin regulation, which is particularly advantageous for German investors.

Is Commerzbank or Targobank better for beginners?

Commerzbank has a minimum deposit of 0 € and offers Commerzbank Web, Commerzbank App as platforms. Targobank has a minimum deposit of 0 € and offers Targobank Web, Targobank App. Commerzbank has the lower entry barrier.

Commerzbank vs Targobank: Which broker is better overall?

The choice between Commerzbank (3.7/5, 1800 reviews) and Targobank (3.5/5, 850 reviews) depends on your needs. Commerzbank: Securities trading at Germany's second-largest private bank. Targobank: Securities trading and asset management at Targobank.

Commerzbank

Securities trading at Germany's second-largest private bank

Open Account →

From 0 € min. deposit

Targobank

Securities trading and asset management at Targobank

Open Account →

From 0 € min. deposit

Commerzbank read review →Targobank read review →