N26 Trading

N26 Trading

3.7(450)

BaFin

VS
Peaks

Peaks

3.8(620)

AFM

N26 Trading vs Peaks

Head-to-Head Comparison 2026

Our Verdict

Peaks has a higher rating of 3.8/5 compared to N26 Trading (3.7/5). N26 Trading is BaFin-regulated, while Peaks is supervised by AFM. N26 Trading has been in the market since 2013, making it the more experienced provider.

Comparison Table

CriteriaN26 TradingPeaks
Rating3.7/5 (450 reviews)3.8/5 (620 reviews)
RegulationBaFinAFM
Fees€0 commission (included in N26 Metal), spread-based€1 or €2 per month + 0.5% p.a. fund costs
Min. Deposit1 €1 €
InstrumentsStocks, ETFsETFs, ETF-Portfolios
PlatformsN26 AppPeaks App
Options TradingNoNo
Founded20132016
HeadquartersBerlinAmsterdam

Detailed Comparison

Fee Comparison

N26 Trading: €0 commission (included in N26 Metal), spread-based. Minimum deposit: 1 €.

Peaks: €1 or €2 per month + 0.5% p.a. fund costs. Minimum deposit: 1 €.

Product Range

N26 Trading (2 categories)

StocksETFs

Peaks (2 categories)

ETFsETF-Portfolios

Trading Platforms

N26 Trading

  • N26 App

Peaks

  • Peaks App

Regulation & Security

N26 Trading is regulated by BaFin (HQ: Berlin).

Peaks is regulated by AFM (HQ: Amsterdam).

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

Peaks

Micro-investing app with automated savings and ETF portfolios

Automatic investing through rounding up card payments

AFM-regulated in the Netherlands

Ideal for beginners and micro-investing

Flat monthly fee disadvantageous for small amounts

No individual stock selection possible

Frequently Asked Questions

Is N26 Trading or Peaks cheaper?
N26 Trading charges €0 commission (included in N26 Metal), spread-based. Peaks charges €1 or €2 per month + 0.5% p.a. fund costs. The minimum deposit is 1 € at N26 Trading and 1 € at Peaks.
Which broker offers more products: N26 Trading or Peaks?
N26 Trading offers Stocks, ETFs. Peaks offers ETFs, ETF-Portfolios.
Which broker is better regulated?
N26 Trading is regulated by BaFin. Peaks is regulated by AFM. N26 Trading has BaFin regulation, which is particularly advantageous for German investors.
Is N26 Trading or Peaks better for beginners?
N26 Trading has a minimum deposit of 1 € and offers N26 App as platforms. Peaks has a minimum deposit of 1 € and offers Peaks App. N26 Trading has the lower entry barrier.
N26 Trading vs Peaks: Which broker is better overall?
The choice between N26 Trading (3.7/5, 450 reviews) and Peaks (3.8/5, 620 reviews) depends on your needs. N26 Trading: German neobank with integrated stock trading. Peaks: Micro-investing app with automated savings and ETF portfolios.
N26 Trading

N26 Trading

German neobank with integrated stock trading

Open Account

From 1 € min. deposit

Peaks

Peaks

Micro-investing app with automated savings and ETF portfolios

Open Account

From 1 € min. deposit