Flatex
BaFin
S Broker
BaFin
Flatex vs S Broker
Head-to-Head Comparison 2026
By SofiaOur Verdict
Flatex has a higher rating of 4.2/5 compared to S Broker (3.8/5). S Broker has been in the market since 2001, making it the more experienced provider. Execution speed: Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S), S Broker ~50 ms (Xetra/Tradegate).
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.
- Fees
- Platform
- Regulation
- Matching lessons
Comparison Table
| Criteria | Flatex | S Broker |
|---|---|---|
| Rating | 4.2/5 (1500 reviews)✓ | 3.8/5 (620 reviews) |
| Regulation | BaFin | BaFin |
| Fees | €5.90 flat fee per order plus exchange fees | €4.99 + 0.25% of order volume (min. €8.99, max. €54.99) |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives | Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives |
| Platforms | Flatex Web, Flatex App, Flatex Trader 2.0 | S Broker App, S Broker Web, Marktinvestor pro |
| Options Trading | Yes, Eurex and US options via Flatex | Yes, Eurex trading available |
| Execution Speed | ~30 ms (Xetra), ~70 ms (Tradegate/L&S) | ~50 ms (Xetra/Tradegate) |
| Founded | 2006 | 2001 |
| Headquarters | Frankfurt | Wiesbaden |
Detailed Comparison
Fee Comparison
Flatex: €5.90 flat fee per order plus exchange fees. Minimum deposit: 0 €.
S Broker: €4.99 + 0.25% of order volume (min. €8.99, max. €54.99). Minimum deposit: 0 €.
Execution Quality
Flatex
Execution: ~30 ms (Xetra), ~70 ms (Tradegate/L&S)
S Broker
Execution: ~50 ms (Xetra/Tradegate)
Product Range
Flatex (7 categories)
S Broker (7 categories)
Trading Platforms
Flatex
- Flatex Web
- Flatex App
- Flatex Trader 2.0
S Broker
- S Broker App
- S Broker Web
- Marktinvestor pro
Regulation & Security
Flatex is regulated by BaFin (HQ: Frankfurt).
S Broker is regulated by BaFin (HQ: Wiesbaden).
Who Is It For?
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
S Broker
The 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
Frequently Asked Questions
Is Flatex or S Broker cheaper?
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Flatex vs S Broker: Which broker is better overall?
Flatex
Flat-fee broker with broad product range and options trading
Open Account →From 0 € min. deposit