N26 Trading
BaFin
OpenBank
BdE/CNMV
N26 Trading vs OpenBank
Head-to-Head Comparison 2026
Our Verdict
OpenBank offers 4 instrument types, while N26 Trading offers 2. The minimum deposit is lower at OpenBank with 0 €. N26 Trading is BaFin-regulated, while OpenBank is supervised by BdE/CNMV. OpenBank has been in the market since 1995, making it the more experienced provider.
Comparison Table
| Criteria | N26 Trading | OpenBank |
|---|---|---|
| Rating | 3.7/5 (450 reviews) | 3.7/5 (750 reviews) |
| Regulation | BaFin | BdE/CNMV |
| Fees | €0 commission (included in N26 Metal), spread-based | Funds with no buy/sell fees, roboadvisor from 0.49% p.a. |
| Min. Deposit | 1 € | 0 € |
| Instruments | Stocks, ETFs | Stocks, ETFs, Funds, Robo-Advisory |
| Platforms | N26 App | OpenBank Web, OpenBank App |
| Options Trading | No | No |
| Founded | 2013 | 1995 |
| Headquarters | Berlin | Madrid |
Detailed Comparison
Fee Comparison
N26 Trading: €0 commission (included in N26 Metal), spread-based. Minimum deposit: 1 €.
OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Minimum deposit: 0 €.
Product Range
N26 Trading (2 categories)
OpenBank (4 categories)
Trading Platforms
N26 Trading
- N26 App
OpenBank
- OpenBank Web
- OpenBank App
Regulation & Security
N26 Trading is regulated by BaFin (HQ: Berlin).
OpenBank is regulated by BdE/CNMV (HQ: Madrid).
Who Is It For?
N26 Trading
German neobank with integrated stock trading
✓ Integrated into N26 banking app
✓ BaFin-regulated German bank
✓ Fractional shares available
✗ Very limited stock selection
✗ No professional trading tools
OpenBank
Digital bank of the Santander Group with investment features
✓ Part of the Santander Group – high security
✓ No buy/sell fees on funds
✓ Roboadvisor feature for passive investors
✗ Limited stock selection
✗ Primarily focused on Spanish customers
Frequently Asked Questions
Is N26 Trading or OpenBank cheaper?
Which broker offers more products: N26 Trading or OpenBank?
Which broker is better regulated?
Is N26 Trading or OpenBank better for beginners?
N26 Trading vs OpenBank: Which broker is better overall?
OpenBank
Digital bank of the Santander Group with investment features
Open Account →From 0 € min. deposit