Broker comparison

Flatex vs.
TradeRepublic

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

Oversight: Flatex: BaFin and Deutsche Bundesbank; TradeRepublic: BaFin. Flatex: Listed options not confirmed; see product range. TradeRepublic: Limited. Flatex has been in the market since 2006, making it the more experienced provider.

Flat-fee broker with broad product range and securities trading

German neobroker with app and web access

At a glance

The key differences

Criterion
PlatformsFlatex Web, Flatex App, Flatex Trader 2.0Trade Republic App, Web Terminal
Product typesStocks, ETFs, Funds, Bonds, DerivativesStocks, ETFs, Bonds, Derivatives, Crypto
Options tradingListed options not confirmed; see product rangeLimited
Fee model€5.90 flat fee per order plus exchange feesBest price: €1 per trade; direct price: €2
Minimum deposit0 €0 €
RegulationBaFin and Deutsche BundesbankBaFin
More informationDetailsDetails

Platforms

Flatex

Flatex Web, Flatex App, Flatex Trader 2.0

TradeRepublic

Trade Republic App, Web Terminal

Product types

Flatex

Stocks, ETFs, Funds, Bonds, Derivatives

TradeRepublic

Stocks, ETFs, Bonds, Derivatives, Crypto

Options trading

Flatex

Listed options not confirmed; see product range

TradeRepublic

Limited

Fee model

Flatex

€5.90 flat fee per order plus exchange fees

TradeRepublic

Best price: €1 per trade; direct price: €2

Minimum deposit

Flatex

0 €

TradeRepublic

0 €

Regulation

Flatex

BaFin and Deutsche Bundesbank

TradeRepublic

BaFin

More information

Flatex

Details

TradeRepublic

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Terms by market

Securities fees
€5.90 flat fee per order plus exchange fees
Minimum deposit
0 €
See terms at provider

Best price: €1 per trade; direct price: €2

Published fee
Best price: €1 per trade; direct price: €2
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at Flatex and TradeRepublic, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioFlatexTradeRepublic
ETF savings plan, ≈ €200 a month€0ETF savings plans free per execution (plus spreads/product costs)€0ETF/stock savings plan purchase free per execution
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)€10€1.00 third-party cost flat fee per trade × 10
One BTC purchase of ≈ €1,000€6Liquid crypto: 0.6% all-in cost incl. spread × €1,000€1Commission-free; €1 flat fee per transaction; spread not published
Custody and account fee per year€0Securities account and cash account free€0Custody and cash account free

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: konto.flatex.de · flatex.de · assets.traderepublic.com · support.traderepublic.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsFundsBondsDerivatives
StocksETFsBondsDerivativesCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Flatex 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 platform

Trade Republic App · Web Terminal

Trade Republic supports orders through its mobile app and web version. Check the order preview for the available order types and venues for each product.

Explore platform

Regulation & security

Flatex

flatexDEGIRO Bank SE, Frankfurt am Main (brand flatex)

Supervisor
BaFin
Investor compensation
Securities are segregated client assets; investor compensation (EdB): 90% up to €20,000
Cash
Member of EdB: deposits protected up to €100,000 per depositor

TradeRepublic

Trade Republic Bank GmbH, Berlin

Supervisor
BaFin
Investor compensation
Securities are segregated client assets; investor compensation (EdB): 90% up to €20,000
Cash
Statutory deposit guarantee (EdB) up to €100,000 per client

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

For investors who want a free choice of venue, free ETF savings plans and a classic online bank. Orders cost more than at Trade Republic.

  • Simple flat-fee structure
  • Certificates and leveraged products available
  • Wide range of savings plans
  • Negative interest on cash balances
  • Additional exchange fees

For investors who mainly want low order costs and a lean app.

  • Very easy to use
  • German app
  • Free custody
  • Limited options selection
  • Spreads and third-party costs may apply

Find the broker that fits

Flatex oder TradeRepublic?

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.
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Your questions

Frequently asked questions

How do fees differ between Flatex and TradeRepublic?
Flatex: €5.90 flat fee per order plus exchange fees. TradeRepublic: Best price: €1 per trade; direct price: €2. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Flatex or TradeRepublic?
Flatex offers Stocks, ETFs, Funds, Bonds, Derivatives. TradeRepublic offers Stocks, ETFs, Bonds, Derivatives, Crypto.
How are Flatex and TradeRepublic regulated?
The broker profiles list BaFin and Deutsche Bundesbank for Flatex and BaFin for TradeRepublic. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Flatex or TradeRepublic better for beginners?
Flatex lists a 0 € minimum deposit and offers Flatex Web, Flatex App, Flatex Trader 2.0. TradeRepublic lists 0 € and offers Trade Republic App, Web Terminal. Compare usability, available products and costs for your intended use.
Flatex vs TradeRepublic: Which broker is better overall?
The choice between Flatex (4.2/5, 1500 reviews) and TradeRepublic (4.2/5, 892 reviews) depends on your needs. Flatex: Flat-fee broker with broad product range and securities trading. TradeRepublic: German neobroker with app and web access.

Your next step

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