DEGIRO
BaFin/AFM
Flatex
BaFin
DEGIRO vs Flatex
Head-to-Head Comparison 2026
By SofiaOur Verdict
Flatex has a higher rating of 4.2/5 compared to DEGIRO (4.1/5). Flatex offers 7 instrument types, while DEGIRO offers 5. Flatex has been in the market since 2006, making it the more experienced provider. Execution speed: DEGIRO ~150 ms (Smart Order Routing), Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S).
Find the broker that fits
DEGIRO oder Flatex?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
- Fees
- Platform
- Regulation
- Matching lessons
Comparison Table
| Criteria | DEGIRO | Flatex |
|---|---|---|
| Rating | 4.1/5 (567 reviews) | 4.2/5 (1500 reviews)✓ |
| Regulation | BaFin/AFM | BaFin |
| Fees | from €0.75 per contract | €5.90 flat fee per order plus exchange fees |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Options, Futures, Bonds | Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives |
| Platforms | DEGIRO App, DEGIRO Web | Flatex Web, Flatex App, Flatex Trader 2.0 |
| Options Trading | Yes, medium | Yes, Eurex and US options via Flatex |
| Execution Speed | ~150 ms (Smart Order Routing) | ~30 ms (Xetra), ~70 ms (Tradegate/L&S) |
| Founded | 2008 | 2006 |
| Headquarters | Amsterdam, Niederlande | Frankfurt |
Detailed Comparison
Fee Comparison
DEGIRO: from €0.75 per contract. Minimum deposit: 0 €.
Flatex: €5.90 flat fee per order plus exchange fees. Minimum deposit: 0 €.
Execution Quality
DEGIRO
Execution: ~150 ms (Smart Order Routing)
Flatex
Execution: ~30 ms (Xetra), ~70 ms (Tradegate/L&S)
Product Range
DEGIRO (5 categories)
Flatex (7 categories)
Trading Platforms
DEGIRO
- DEGIRO App
- DEGIRO Web
Flatex
- Flatex Web
- Flatex App
- Flatex Trader 2.0
Regulation & Security
DEGIRO is regulated by BaFin/AFM (HQ: Amsterdam, Niederlande).
Flatex is regulated by BaFin (HQ: Frankfurt).
Who Is It For?
DEGIRO
Low-cost online broker with broad European offering
✓ Low fees
✓ User-friendly
✓ EU-regulated
✗ Limited options strategies
✗ No phone support
Flatex
Flat-fee broker with broad product range and options trading
✓ Simple flat-fee structure
✓ Eurex options trading available
✓ Wide range of savings plans
✗ Negative interest on cash balances
✗ Additional exchange fees
Frequently Asked Questions
Is DEGIRO or Flatex cheaper?
Which broker offers more products: DEGIRO or Flatex?
Which broker is better regulated?
Is DEGIRO or Flatex better for beginners?
DEGIRO vs Flatex: Which broker is better overall?
Flatex
Flat-fee broker with broad product range and options trading
Open Account →From 0 € min. deposit