Broker comparison

OpenBank vs.
Quirion

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Quirion has a higher rating of 4/5 compared to OpenBank (3.7/5). OpenBank offers 4 instrument types, while Quirion offers 2. The minimum deposit is lower at OpenBank with 0 €. Quirion is BaFin-regulated, while OpenBank is supervised by BdE/CNMV. OpenBank has been in the market since 1995, making it the more experienced provider.

Digital bank of the Santander Group with investment features

Digital robo-advisor from Quirin Privatbank with automated investment

At a glance

The key differences

Criterion
PlatformsOpenBank Web, OpenBank AppQuirion Web, Quirion App
Product typesStocks, ETFs, Funds, Robo-AdvisoryETFs, ETF-Sparpläne
Options tradingNoNo
Fee modelFunds with no buy/sell fees, roboadvisor from 0.49% p.a.0.48% p.a. management fee, ETF costs from 0.15% p.a.
Minimum deposit0 €1 €
RegulationBdE/CNMVBaFin
More informationDetailsDetails

Platforms

OpenBank

OpenBank Web, OpenBank App

Quirion

Quirion Web, Quirion App

Product types

OpenBank

Stocks, ETFs, Funds, Robo-Advisory

Quirion

ETFs, ETF-Sparpläne

Options trading

OpenBank

No

Quirion

No

Fee model

OpenBank

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Quirion

0.48% p.a. management fee, ETF costs from 0.15% p.a.

Minimum deposit

OpenBank

0 €

Quirion

1 €

Regulation

OpenBank

BdE/CNMV

Quirion

BaFin

More information

OpenBank

Details

Quirion

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Published fee
Funds with no buy/sell fees, roboadvisor from 0.49% p.a.
Minimum deposit
0 €
See terms at provider

0.48% p.a. management fee, ETF costs from 0.15% p.a.

Published fee
0.48% p.a. management fee, ETF costs from 0.15% p.a.
Minimum deposit
1 €
See terms at provider

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

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

StocksETFsFundsRobo-Advisory
ETFsETF-Sparpläne

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

Trading platforms

OpenBank Web · OpenBank App

OpenBank offers the OpenBank Web platform and the OpenBank App. The platform combines banking and investment features in a modern, user-friendly interface. The robo-advisor enables automated investing based on individual risk profiles. The app provides the full range of features on mobile.

Explore platform

Quirion Web · Quirion App

Quirion offers the Quirion Web platform and the Quirion App. Both display portfolio performance, asset allocation, and rebalancing history. The interface is intentionally simple since no active trading takes place. Investors can set up one-time payments and savings plans and adjust their risk profile.

Explore platform

Regulation & security

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

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

Digital robo-advisor from Quirin Privatbank with automated investment

  • From Quirin Privatbank – BaFin-regulated full banking license
  • Automated ETF investment with scientific approach
  • Low management fee of 0.48% p.a.
  • No active trading possible, robo-advisor only
  • Limited customization options

Find the broker that fits

OpenBank oder Quirion?

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.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between OpenBank and Quirion?
OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Quirion: 0.48% p.a. management fee, ETF costs from 0.15% p.a.. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: OpenBank or Quirion?
OpenBank offers Stocks, ETFs, Funds, Robo-Advisory. Quirion offers ETFs, ETF-Sparpläne.
How are OpenBank and Quirion regulated?
The broker profiles list BdE/CNMV for OpenBank and BaFin for Quirion. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is OpenBank or Quirion better for beginners?
OpenBank lists a 0 € minimum deposit and offers OpenBank Web, OpenBank App. Quirion lists 1 € and offers Quirion Web, Quirion App. Compare usability, available products and costs for your intended use.
OpenBank vs Quirion: Which broker is better overall?
The choice between OpenBank (3.7/5, 750 reviews) and Quirion (4/5, 750 reviews) depends on your needs. OpenBank: Digital bank of the Santander Group with investment features. Quirion: Digital robo-advisor from Quirin Privatbank with automated investment.

Your next step

Your next step