45
Brokers Covered
54
Criteria per Broker
07 August 2026
Latest Update
79
Market Updates This Week
Brokers in this market
Listed alphabetically — see the full ranked comparison, with sources for every rating, in the report.
1822direkt
bank
BaFin, part of Frankfurter Sparkasse
AGORA direct
discount
First Quant GmbH — BaFin (German Wertpapierinstitut), not a bank; EdW investor compensation scheme
BBBank Depot
bank
BBBank eG — BaFin, full German banking licence (cooperative bank)
Bitpanda
neobroker
Bitpanda Financial Services GmbH — Austria FMA passported, not a German bank
CapTrader
discount
CapTrader GmbH — BaFin (Wertpapierinstitut); introducing broker for Interactive Brokers (assets held at IB Ireland), not a German bank
comdirect
bank
comdirect — BaFin, part of Deutsche Bank group
Commerzbank DirektDepot
bank
BaFin, Commerzbank AG
Consorsbank
bank
BaFin, part of BNP Paribas group
DEGIRO
discount
flatexDEGIRO Bank AG — BaFin, full German banking licence
DKB
bank
BaFin, part of BayernLB group
eToro
neobroker
eToro (Europe) Ltd — Cyprus CySEC passported, not a German bank
finanzen.net Zero
neobroker
BaFin, custody via Baader Bank AG
flatex
discount
flatexDEGIRO Bank AG — BaFin, full banking licence
Freedom24
neobroker
Freedom Finance Europe Ltd — Cyprus CySEC passported, not a German bank
GENO Broker
bank
GENO Broker GmbH — BaFin, 100% subsidiary of DZ BANK AG (cooperative Volksbank/Raiffeisenbank group)
GLS Bank Online-Brokerage
bank
GLS Gemeinschaftsbank eG — BaFin, full German banking licence (cooperative bank)
HypoVereinsbank (HVB SmartDepot)
bank
UniCredit Bank GmbH — BaFin, full German banking licence, part of UniCredit group
ING (Germany)
bank
BaFin, part of ING Group
Interactive Brokers
discount
Interactive Brokers Ireland/Central Europe — not a German bank
justTRADE
neobroker
BaFin, custody via Walter Ludwig Wertpapierhandelsbank
Lightyear
neobroker
Lightyear Europe AS — Estonian FSA (Finantsinspektsioon) passported, not a German bank
LYNX Broker
discount
LYNX B.V. — Dutch AFM/DNB, German branch registered with BaFin; introducing broker for Interactive Brokers, not a German bank
maxblue
bank
BaFin, Deutsche Bank group
Merkur Privatbank Depot
bank
BaFin, Merkur Bank KGaA
MEXEM
discount
MEXEM Ltd — Cyprus CySEC passported, not a German bank; introducing broker for Interactive Brokers
MLP Online-Wertpapierdepot
bank
MLP Banking AG — BaFin and ECB, full German banking licence (CRR credit institution)
N26 (Invest)
neobank
N26 Bank GmbH — BaFin, full German banking licence
OLB Depot
bank
Oldenburgische Landesbank AG — BaFin, full German banking licence; acquired by TARGO Deutschland GmbH (Crédit Mutuel Alliance Fédérale) Jan 2026, formal merger with Targobank planned by 2029
onvista bank
discount
BaFin, part of Crédit Agricole group
Openbank (formerly Santander)
bank
Openbank Deutschland AG — BaFin, full German banking licence, part of Banco Santander group (rebranded from Santander Consumer Bank AG, 2025-26)
Postbank Depot
bank
BaFin, Deutsche Bank group
Revolut Invest
neobank
Revolut Securities Europe UAB — Bank of Lithuania passported, not a German bank (execution split across partners incl. Upvest GmbH for Tradegate-listed shares)
S Broker
bank
BaFin, part of Sparkassen-Finanzgruppe
Saxo Bank
bank
Saxo Bank A/S — Danish FSA (Finanstilsynet), full Danish banking licence, passported into Germany, not a German bank
Scalable Capital (Broker)
neobroker
BaFin, custody via Baader Bank AG
Smartbroker+
neobroker
BaFin, custody via biw AG (Baader Bank group)
Swissquote Bank Europe
bank
Swissquote Bank Europe S.A. — CSSF Luxembourg, full banking licence, passported into Germany, not a German bank
Targobank
bank
BaFin, part of Crédit Mutuel group
Trade 212
neobroker
Trading 212 Markets Ltd — Bulgaria FSC / UK FCA passported, not a German bank
Trade Republic
neobroker
Trade Republic Bank GmbH — BaFin, full German banking licence (self-custodian)
Traders Place
neobroker
BaFin, custody via Baader Bank AG
UmweltBank Online-Brokerage
bank
UmweltBank AG — BaFin, full German banking licence
ViTrade
discount
flatexDEGIRO Bank AG — BaFin, full German banking licence (ViTrade is a brand/trading platform of flatexDEGIRO)
Vivid Invest
neobank
Vivid Money B.V. — Dutch AFM passported, not a German bank; real shares held under Dutch Wge custody law
XTB
neobroker
XTB S.A. — Polish KNF / CySEC passported (German branch registered with BaFin), not a German bank