Broker Comparison
The tables set out the fees and features of two kinds of provider: banks and brokers for investing in stocks and ETFs, including via savings plans, and CFD brokers for short-term, leveraged trading.
We use two of them ourselves: Comdirect (securities account) and WH SelfInvest (futures and CFDs); both rows are marked accordingly. We do not use the other providers ourselves. They are listed because independent broker comparisons and reviews regularly name them among the most frequently recommended providers.
Fees reflect the date shown in the table and change from time to time; the provider’s current schedule of fees is binding. CFDs are leveraged products: losses can quickly reach the margin posted, and according to the providers’ own disclosures most retail clients lose money trading CFDs. Which leverage limits and protections apply to currency trading, and how to check a broker’s license, is explained on forex brokers .
ETF & Savings-Plan Brokers
For long-term wealth building with ETFs and stocks.
| Broker | Type | Order fee | Savings plan |
|---|---|---|---|
Comdirect tested by usFull-featured account, many trading venues | Direct bank | tiered (from ~€9.90) | €0 on promoted ETFs |
Trade RepublicVery lean, mobile-first; trades via LS Exchange | Neobroker | €1 flat | €0 |
Scalable CapitalPrime flat rate for frequent traders; Gettex/Xetra | Neobroker | €0.99 (Free) / €0 (Prime) | €0 |
INGLarge direct bank, broad range | Direct bank | from €4.90 + 0.25% | €0 |
DKBGettex, Tradegate and Quotrix without execution fee (price list as of Nov 24, 2025) | Direct bank | €10 up to €5,000 order volume | €1.50 per execution |
CFD Brokers
For short-term, leveraged trading on price movements – not for long-term investing.
| Broker | Spread | Leverage | Regulation | Min. deposit |
|---|---|---|---|---|
WH SelfInvest tested by usProfessional NanoTrader platform, futures & CFDs | market-dependent | up to 1:30 | CSSF, BaFin | €500 |
Plus500Pure CFD broker, own platform | from 0.6 pips | up to 1:30 | CySEC, BaFin | €100 |
IGVery broad range of markets, established | from 0.6 pips (DAX) | up to 1:30 | BaFin, FCA | €0 |
XTBxStation platform, regulated in Germany | from 0.5 pips | up to 1:30 | BaFin, KNF | €0 |
Trading 2120% commission, also stocks/ETFs, mobile-first | from 0.1 pips | up to 1:30 | FCA, CySEC | €10 |
PepperstoneVery tight spreads, MT4/MT5/cTrader | from 0.0 pips (Razor) | up to 1:30 | BaFin, FCA, ASIC | €0 |
ActiveTradesMT4/MT5 & own platform, since 2001 | from 0.5 pips | up to 1:30 | FCA, CMVM | €0 |