Flatex

4.2(1500)

BaFin

S Broker

3.8(620)

BaFin

Flatex vs S Broker

Head-to-Head Comparison 2026

Our 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.

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
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 €.

Product Range

Flatex (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

S Broker (7 categories)

StocksETFsOptionsFuturesFundsBondsDerivatives

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?

Flatex charges €5.90 flat fee per order plus exchange fees. S Broker charges €4.99 + 0.25% of order volume (min. €8.99, max. €54.99). The minimum deposit is 0 € at Flatex and 0 € at S Broker.

Which broker offers more products: Flatex or S Broker?

Flatex offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives. S Broker offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.

Which broker is better regulated?

Flatex is regulated by BaFin. S Broker is regulated by BaFin. Flatex has BaFin regulation, which is particularly advantageous for German investors. S Broker has BaFin regulation, which is particularly advantageous for German investors.

Is Flatex or S Broker better for beginners?

Flatex has a minimum deposit of 0 € and offers Flatex Web, Flatex App, Flatex Trader 2.0 as platforms. S Broker has a minimum deposit of 0 € and offers S Broker App, S Broker Web, Marktinvestor pro. Flatex has the lower entry barrier.

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 options trading. S Broker: The online broker of the Sparkassen financial group.

Flatex

Flat-fee broker with broad product range and options trading

Open Account →

From 0 € min. deposit

S Broker

The online broker of the Sparkassen financial group

Open Account →

From 0 € min. deposit

Flatex read review →S Broker read review →