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.
Targobank
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonCommerzbank
TargobankVS
Summary
Your goal decides
Commerzbank and Targobank are BaFin-regulated German banks with a free online depot — but a clear gap separates their order fees. Commerzbank charges via its DirektDepot from €4.90 plus 0.25% (minimum €9.90); Targobank from €8.90 (for orders up to €10,000). For cost-conscious investors Commerzbank is therefore usually cheaper and, with certificates, offers a slightly broader range (stocks, ETFs, bonds, funds, certificates vs stocks, ETFs, bonds, funds). Targobank (rated 3.5/5) scores with personal branch advice and asset management; Commerzbank (3.7/5) with reach and product breadth. Neither offers options trading.
CommerzbankSecurities trading at Germany's second-largest private bank
TargobankSecurities trading and asset management at Targobank
At a glance
The key differences
| Criterion | Commerzbank | Targobank |
|---|---|---|
| Platforms | Commerzbank Web, Commerzbank App | Targobank Web, Targobank App |
| Product types | Stocks, ETFs, Bonds, Funds, Certificates | Stocks, ETFs, Bonds, Funds |
| Options trading | No | No |
| Fee model | 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) |
| Minimum deposit | 0 € | 0 € |
| Regulation | BaFin | BaFin |
| More information | Details | Details |
Platforms
Commerzbank
Commerzbank Web, Commerzbank App
Targobank
Targobank Web, Targobank App
Product types
Commerzbank
Stocks, ETFs, Bonds, Funds, Certificates
Targobank
Stocks, ETFs, Bonds, Funds
Options trading
Commerzbank
No
Targobank
No
Fee model
Commerzbank
Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90)
Targobank
Custody fee €0 (online), order fee from €8.90 (up to €10,000)
Minimum deposit
Commerzbank
0 €
Targobank
0 €
Regulation
Commerzbank
BaFin
Targobank
BaFin
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
CommerzbankTargobankCustody fee €0 (online), order fee from €8.90 (up to €10,000)
- Published fee
- Custody fee €0 (online), order fee from €8.90 (up to €10,000)
- 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 Targobank, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Commerzbank | Targobank |
|---|---|---|
| ETF savings plan, ≈ €200 a month | €3DirektDepot ETF plan: 0.25% + €2.50 (€0.50 + €2.50) | €3ETF savings plan: 2.5% of order value, min €1.50, max €3.00 |
| 10 stock buys of ≈ €1,000 a month | €99DirektDepot: 0.25% + €4.90, min €9.90 × 10, plus exchange/third-party costs | €49Direkt-Depot: €4.90 per order in direct trading × 10 (exchange: 0.25%, min €8.90) |
| Custody and account fee per year | €0DirektDepot free with ≥1 order per quarter (else 0.175% p.a., min €4.95/qtr) | €0Direkt-Depot: no custody fee (online mailbox mandatory) |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: commerzbank.de · targobank.de
Execution quality
Order type, venue and liquidity affect execution.
CommerzbankCheck the provider’s execution policy and available order types for your account.
Provider informationTargobankCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
CommerzbankStocksETFsBondsFundsCertificates
TargobankStocksETFsBondsFunds
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 platformTargobankTargobank Web · Targobank App
Targobank provides its customers with two trading platforms: Targobank Web and the Targobank App. The web platform offers all essential functions for securities trading such as order placement, portfolio overview, and price queries. The mobile app enables trading on the go. Both platforms are designed for simplicity and offer few advanced trading features such as real-time charts or technical analysis tools.
Explore platformCommerzbank
Commerzbank AG, Frankfurt am Main
Targobank
TARGOBANK AG, Düsseldorf
- Supervisor
- BaFin
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 a large branch network and banking advice in the background.
- Major bank with comprehensive product range
- Free DirektDepot without minimum deposit
- Branches throughout Germany
- Order fees higher than online brokers
- Complex fee structure
TargobankFor new customers who want cheap off-exchange trading: an order in the Direkt-Depot costs far less than at Commerzbank. The offer is only open if you had no TARGOBANK depot in the past twelve months.
- 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
Find the broker that fits
Commerzbank oder Targobank?
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 Targobank 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: Both banks run the online depot free and without a minimum deposit. On order fees Commerzbank is usually cheaper: from €4.90 plus 0.25% of order value (minimum €9.90) versus from €8.90 at Targobank for orders up to €10,000. The difference shows especially on small and mid-sized orders.
Products: Commerzbank offers stocks, ETFs, bonds, funds and certificates; Targobank offers stocks, ETFs, bonds and funds — so access to certificates is a plus for Commerzbank. Neither bank trades options or CFDs; per the data, a limited selection of trading venues is among Targobank's weaknesses.
Profile and verdict: Targobank (rated 3.5/5, Düsseldorf, part of Crédit Mutuel Alliance Fédérale) focuses on personal branch advice and asset management; Commerzbank (3.7/5, Frankfurt) on a nationwide branch network and a broader product range. For cost-conscious self-directed investors Commerzbank is usually the cheaper choice; those who value advice and asset management will find a fitting offering at Targobank.
Your questions
Frequently asked questions
How do fees differ between Commerzbank and Targobank?
Commerzbank: Custody fee €0 (DirektDepot), order fee from €4.90 + 0.25% (min. €9.90). Targobank: Custody fee €0 (online), order fee from €8.90 (up to €10,000). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Commerzbank or Targobank?
Commerzbank offers Stocks, ETFs, Bonds, Funds, Certificates. Targobank offers Stocks, ETFs, Bonds, Funds.
How are Commerzbank and Targobank regulated?
The broker profiles list BaFin for Commerzbank and BaFin for Targobank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Commerzbank or Targobank better for beginners?
Commerzbank lists a 0 € minimum deposit and offers Commerzbank Web, Commerzbank App. Targobank lists 0 € and offers Targobank Web, Targobank App. Compare usability, available products and costs for your intended use.
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.
Your next step
Your next step
CommerzbankSecurities trading at Germany's second-largest private bank
Open accountRead reviewTargobankSecurities trading and asset management at Targobank
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.