Flatex is a German online broker offering flat-fee trading across European markets. Part of flatexDEGIRO AG, it specializes in savings plans and ETF investing.
- Flat fee structure
- Free ETF savings plans
- Strong regulatory oversight
- Part of listed company
- Higher fees for international trades
- Limited to European markets
- German-focused interface
Fees & costs
- Min. deposit
- €0
- Trading
- €5.90 flat fee per trade (XETRA), €15.90 for international orders
- Stock fee
- €5.90
- Spread
- N/A (exchange-traded equities and ETFs)
- Deposits
- Free
- Withdrawals
- Free
- Inactivity
- None
Platforms & features
Who this fits best
Note: higher fees for international trades.
How to use in practice
ETF Savings Plans
Set up automated monthly investments in ETFs through Flatex's free savings plan feature, building wealth consistently over time.
Create a monthly €200 savings plan in a global ETF like iShares Core MSCI World, executed automatically without trading fees.
German and European Market Focus
Access German markets via XETRA with competitive flat-fee pricing for investors focused on European equities.
Trade German DAX companies at €5.90 per transaction with full access to research tools and corporate actions.
Long-term Portfolio Building
Build a diversified long-term portfolio using Flatex's broad ETF selection and research tools for informed decision-making.
Combine multiple ETF savings plans to create a globally diversified portfolio with automatic rebalancing through regular contributions.
Tips for beginners
- 01
Start with free ETF savings plans
Flatex offers over 1,500 ETFs with free savings plans. Begin with a broadly diversified global ETF and set up automatic monthly investments to build your portfolio consistently.
- 02
Understand the flat-fee structure
Flatex charges €5.90 for XETRA trades and €15.90 for international orders. Calculate whether this flat fee is cost-effective based on your typical order size.
- 03
Use the flatex next platform
The flatex next platform offers an intuitive interface with real-time quotes and research tools. Familiarize yourself with the dashboard before placing your first trade.
- 04
Consider SEPA transfer timing
Flatex uses SEPA bank transfers for deposits, which take 1-2 business days. Plan your deposits ahead of when you want to invest to ensure funds are available.
Account opening steps
- 1.
Online Registration
Fill out the online application form with your personal details
- 2.
Identity Verification
Complete video identification or PostIdent procedure
- 3.
Account Activation
Receive your login credentials by mail or email
- 4.
Fund Account
Transfer funds via SEPA bank transfer
- 5.
Start Trading
Access flatex next platform and start investing
Extended guide
Complete Guide to Investing with Flatex
Getting Started
Opening a Flatex account begins with an online registration where you provide personal details and complete identity verification. You can verify your identity through video identification or the PostIdent procedure at a German post office. After verification, you'll receive your login credentials and can fund your account via SEPA bank transfer.
The flatex next platform is your gateway to trading. Upon logging in, you'll see your portfolio overview, watchlists, and access to research tools. Take time to explore the interface and customize your dashboard before making your first investment.
Key Features and How to Use Them
Free ETF Savings Plans: Navigate to the savings plan section to browse 1,500+ ETFs available for commission-free recurring investments. Set your monthly amount, execution day, and the ETF you want to invest in. The platform will automatically purchase units each month.
flatex next Platform: This modern interface offers real-time streaming quotes, advanced charting, and market news. Use the search function to find stocks by name, ISIN, or symbol. The platform works on both desktop browsers and mobile devices.
Research Tools: Access company reports, analyst ratings, and market analysis directly within the platform. These tools help you make informed investment decisions based on fundamental data.
Stock Savings Plans: Beyond ETFs, Flatex also supports savings plans for individual stocks on select companies, allowing you to build positions in specific companies over time.
Tips for Success
Focus on building a consistent investment habit through savings plans. The power of Flatex lies in its automated investing features—set up your plans and let them run. For individual trades, be mindful that the €5.90 flat fee works better for larger orders where the percentage cost is lower.
Review your portfolio periodically but avoid overtrading. The flat-fee structure is designed for occasional trades rather than frequent trading. Use the research tools to stay informed about your holdings, and adjust your savings plans as your financial situation evolves.