FlatexTerms by market
- Securities fees
- €5.90 flat fee per order plus exchange fees
- Minimum deposit
- 0 €
Broker comparison
Flatex vs.
S Broker
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonFlatex
S BrokerVS
Summary
Your goal decides
Flatex has a higher rating of 4.2/5 compared to S Broker (3.8/5). S Broker offers 7 instrument types, while Flatex offers 5. Oversight: Flatex: BaFin and Deutsche Bundesbank; S Broker: BaFin. Flatex: Listed options not confirmed; see product range. S Broker: Yes, Eurex trading available. S Broker has been in the market since 2001, making it the more experienced provider.
FlatexFlat-fee broker with broad product range and securities trading
S BrokerThe online broker of the Sparkassen financial group
At a glance
The key differences
| Criterion | Flatex | S Broker |
|---|---|---|
| Platforms | Flatex Web, Flatex App, Flatex Trader 2.0 | S Broker App, S Broker Web, Marktinvestor pro |
| Product types | Stocks, ETFs, Funds, Bonds, Derivatives | Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives |
| Options trading | Listed options not confirmed; see product range | Yes, Eurex trading available |
| Fee model | €5.90 flat fee per order plus exchange fees | €4.99 + 0.25% of order volume (min. €8.99, max. €54.99) |
| Minimum deposit | 0 € | 0 € |
| Regulation | BaFin and Deutsche Bundesbank | BaFin |
| More information | Details | Details |
Platforms
Flatex
Flatex Web, Flatex App, Flatex Trader 2.0
S Broker
S Broker App, S Broker Web, Marktinvestor pro
Product types
Flatex
Stocks, ETFs, Funds, Bonds, Derivatives
S Broker
Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Options trading
Flatex
Listed options not confirmed; see product range
S Broker
Yes, Eurex trading available
Fee model
Flatex
€5.90 flat fee per order plus exchange fees
S Broker
€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
Minimum deposit
Flatex
0 €
S Broker
0 €
Regulation
Flatex
BaFin and Deutsche Bundesbank
S Broker
BaFin
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
FlatexS Broker€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
- Published fee
- €4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
- 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 Flatex and S Broker, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Flatex | S Broker |
|---|---|---|
| ETF savings plan, ≈ €200 a month | €0ETF savings plans free per execution (plus spreads/product costs) | €0ETF savings plan execution free of charge |
| 10 stock buys of ≈ €1,000 a month | €59€5.90 commission × 10; plus third-party costs (e.g. Tradegate/gettex €2.00 flat, Xetra from €1.98) | €9.50Instant order: €0.95 × 10, no venue fee (own venue choice: €0.95 + 0.25% plus exchange fee) |
| One BTC purchase of ≈ €1,000 | €6Liquid crypto: 0.6% all-in cost incl. spread × €1,000 | —No crypto trading in price list |
| Custody and account fee per year | €0Securities account and cash account free | €0Custody free of charge |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: konto.flatex.de · flatex.de · sbroker.de
Execution quality
Order type, venue and liquidity affect execution.
FlatexCheck the provider’s execution policy and available order types for your account.
Provider informationS BrokerCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
FlatexStocksETFsFundsBondsDerivatives
S BrokerStocksETFsOptionsFuturesFundsBondsDerivatives
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
FlatexFlatex Web · Flatex App · Flatex Trader 2.0
Flatex offers three trading platforms: Flatex Web enables comfortable browser-based trading with chart analysis and order masks. The Flatex App provides mobile trading with push notifications, watchlists, and quick order placement. Flatex Trader 2.0 is the professional desktop platform with real-time charts, over 80 technical indicators, Level 2 market depth, and advanced order types. Listed options are not confirmed in the reviewed product catalogue.
Explore platformS BrokerS Broker App · S Broker Web · Marktinvestor pro
S Broker offers three trading platforms: The S Broker App enables mobile trading with price alerts and quick order placement. The S Broker Web platform provides comprehensive market data, chart analysis, and portfolio overview. Marktinvestor pro is the professional platform for active traders, offering real-time prices, technical analysis, customizable chart layouts, and an extended order book. All platforms support Eurex trading and various order types.
Explore platformFlatex
flatexDEGIRO Bank SE, Frankfurt am Main (brand flatex)
- Supervisor
- BaFin
S Broker
S Broker AG & Co. KG, Wiesbaden
- 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?
FlatexFlat-fee broker with broad product range and securities trading
- Simple flat-fee structure
- Certificates and leveraged products available
- Wide range of savings plans
- Negative interest on cash balances
- Additional exchange fees
S BrokerThe online broker of the Sparkassen financial group
- Sparkassen security and trust
- Eurex options trading available
- Wide product range
- Higher fees than neobrokers
- Custody fee without activity
Find the broker that fits
Flatex oder S Broker?
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.
Flatex and S Broker 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.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Reading the disclosures
Which entity you actually contract with, and what it committed to
Open the lesson →Your questions
Frequently asked questions
How do fees differ between Flatex and S Broker?
Flatex: €5.90 flat fee per order plus exchange fees. S Broker: €4.99 + 0.25% of order volume (min. €8.99, max. €54.99). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Flatex or S Broker?
Flatex offers Stocks, ETFs, Funds, Bonds, Derivatives. S Broker offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.
How are Flatex and S Broker regulated?
The broker profiles list BaFin and Deutsche Bundesbank for Flatex and BaFin for S Broker. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Flatex or S Broker better for beginners?
Flatex lists a 0 € minimum deposit and offers Flatex Web, Flatex App, Flatex Trader 2.0. S Broker lists 0 € and offers S Broker App, S Broker Web, Marktinvestor pro. Compare usability, available products and costs for your intended use.
Flatex vs S Broker: Which broker is better overall?
The choice between Flatex (4.2/5, 1500 reviews) and S Broker (3.8/5, 620 reviews) depends on your needs. Flatex: Flat-fee broker with broad product range and securities trading. S Broker: The online broker of the Sparkassen financial group.
Your next step
Your next step
FlatexFlat-fee broker with broad product range and securities trading
Open accountRead reviewS BrokerThe online broker of the Sparkassen financial group
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.