Cookie-Einstellungen

Für unseren Service speichern wir Cookies und andere Informationen auf Ihren Geräten und verarbeiten damit einhergehend Ihre personenbezogene Daten bzw. greifen auf solche zu. Manche helfen uns, das Nutzungserlebnis unserer Services zu verbessern, sowie personalisierte Empfehlungen und Werbung auszuspielen. Hierfür bitten wir um Ihre Einwilligung. Sie können diese jederzeit über die Cookie-Einstellungen, erreichbar über den Link "Cookies" im Footer wie auch unter Ziffer 11 unserer Datenschutzbestimmungen, ändern und widerrufen.

Cookie-Einstellungen

Für unseren Service speichern wir Cookies und andere Informationen auf Ihren Geräten und verarbeiten damit einhergehend Ihre personenbezogene Daten bzw. greifen auf solche zu. Manche helfen uns, das Nutzungserlebnis unserer Services zu verbessern, sowie personalisierte Empfehlungen und Werbung auszuspielen. Hierfür bitten wir um Ihre Einwilligung. Sie können diese jederzeit über die Cookie-Einstellungen, erreichbar über den Link "Cookies" im Footer wie auch unter Ziffer 11 unserer Datenschutzbestimmungen, ändern und widerrufen.

Deine Privatsphäre Einstellungen

Für unseren Service speichern wir Cookies und andere Informationen auf Ihren Geräten und verarbeiten damit einhergehend Ihre personenbezogene Daten bzw. greifen auf solche zu. Manche helfen uns, das Nutzungserlebnis unserer Services zu verbessern, sowie personalisierte Empfehlungen und Werbung auszuspielen. Hierfür bitten wir um Ihre Einwilligung. Sie können diese jederzeit über die Cookie-Einstellungen, erreichbar über den Link "Cookies" im Footer wie auch unter Ziffer 11 unserer Datenschutzbestimmungen, ändern und widerrufen.

Diese Cookies und andere Informationen sind für die Funktion unseres Services unbedingt erforderlich. Sie garantieren, dass unser Service sicher und so wie von Ihnen gewünscht funktioniert. Daher kann man sie nicht deaktivieren.

Wir möchten für Sie unseren Service so gut wie möglich machen. Daher verbessern wir unsere Services und Ihr Nutzungserlebnis stetig. Um dies zu tun, möchten wir die Nutzung des Services analysieren und in statistischer Form auswerten.

Um unseren Service noch persönlicher zu machen, spielen wir mit Hilfe dieser Cookies und anderer Informationen personalisierte Empfehlungen und Werbung aus und ermöglichen eine Interaktion mit sozialen Netzwerken. Die Cookies werden von uns und unseren Werbepartnern gesetzt. Dies ermöglicht uns und unseren Partnern, den Nutzern unseres Services personalisierte Werbung anzuzeigen, die auf einer website- und geräteübergreifenden Analyse ihres Nutzungsverhaltens basiert. Die mit Hilfe der Cookies erhobenen Daten können von uns und unseren Partnern mit Daten von anderen Websites zusammengeführt werden.

How to find the best broker in Germany

Depotvergleich
  • Günstiger traden – ab 2 Euro pro Order
  • Über 20 Depots im Direktvergleich
  • Top-Anbieter für ETFs und Sparpläne finden

Verivox ist Preis-Champion und Branchensieger

Zum siebten Mal in Folge hat die Tageszeitung DIE WELT und die Beratungs- und Analysegesellschaft ServiceValue den Titel Preis-Champion in Gold an Verivox vergeben. Damit ist Verivox auch 2023 die Nr. 1 der Vergleichsportale. Bereits in den Jahren 2017 bis 2022 haben die Heidelberger in der Gesamtwertung den bestmöglichen Status in Gold erreicht.

202009_Trustpilot_Sternebewertung
Inhalt dieser Seite
  1. How the broker comparison works
  2. Compare brokerage accounts
  3. What is a broker?
  4. How much does a brokerage account in Germany cost?
  5. Save fees with an online broker
  6. Compare trading options
  7. Frequently asked questions
  8. Robo-Advisor comparison

No trading without a broker

A broker is essential to be able to trade stocks and shares. This type of financial service provider mediates between private investors and the stock exchanges. Depending on the chosen provider, fees can differ greatly. With Verivox, you can easily find the best online broker to suit your needs. To compare various trading accounts, simply use our comparison tool. This will provide you with an overview of the best trading platforms in Germany, including fees the different providers charge.

How the broker comparison works

  1. Start the comparison
    Enter the "order volume” (Ordervolumen) in euros and the estimated orders you are going to make per year (Order pro Jahr) and click on "compare now” (Jetzt Vergleichen).
  2. Filter results
    You can also compare the average securities account volume and the share of orders to be made via the Internet. If you want to be more specific you can enter further details under "filter settings” (Filtereinstellungen). You can specify whether you want a fee-free trading account (Kostenlose Depotführung) or choose under "securities” (Handelbare Wertpapiere) whether you want to trade in shares, fonds, CFDs, or Forex amongst others. Use the filter option "type of order” (Orderarten) to select if you want trailing or stop orders. Then simply click on "compare brokerage accounts” (Depots vergleichen) to find the right broker and trading account in Germany for your needs.
  3. Compare brokerage accounts in Germany
    The comparison tool displays all suitable trading accounts sorted by costs from lowest to highest. If you are interested in a certain offer, you will be forwarded directly to the respective broker.

Jetzt Depots vergleichen

Depotvergleich
  • Günstiger traden – ab 2 Euro pro Order
  • Über 20 Depots im Direktvergleich
  • Top-Anbieter für ETFs und Sparpläne finden

What is a broker?

A broker can be an individual or a company that acts as an intermediary between their customers. Theyt exchange and trade shares and other financial products on behalf of their customers. This service is referred to as brokerage. Anyone who wants to make purchases and sales on the stock exchange needs a broker, as private individuals are not allowed to trade there themselves. Brokers also open up other financial markets to customers, such as the foreign exchange market.

You do not have to worry about the insolvency of a broker, securities are part of special assets and are protected in the event of insolvency. Banks, but also specialised providers can be brokers, as long as they have been approved by the financial authorities. Online brokers, who may be backed by online banks or independent service providers, are particularly popular. In most countries, brokers are subject to banking supervision.


This is how trading via a broker in Germany works

Anyone who has opted for a trading account with an online broker in Germany can make purchases and sales at any time. If the customer wants to purchase shares, they inform the broker of the name of the share and the order volume. The broker then buys the share in the desired volume and places it in the customer’s trading account. A sale is carried out in the same way, but in this case, shares are removed from the trading account.

How much does a brokerage account in Germany cost?

A broker always charges various fees, but the costs vary from provider to provider.

Trading account fees

Banks often charge a monthly trading account fee (Depotgebühr), which functions like a current account fee. However, online brokers also offer fee-free trading accounts. Always check whether these conditions apply for an unlimited period or if they are tied to a certain order volume.

Order fees when trading

Brokers also charge order fees (Ordergebühr). This fee is incurred every time a trader initiates a purchase or sale, i.e., places an order. There are different billing methods available: some brokers charge fixed order fees, while others want a percentage of the order total. There are also minimum and maximum costs that are charged. This means that order fees are raised to a certain minimum amount if the percentage calculated would result in an amount below that. At the same time, the order fee may not exceed a certain maximum limit.

Other fees

A foreign order (Auslandsorder) is usually more expensive than a domestic order (Inlandsorder). Those who want to invest in funds must also expect an expense surcharge (Ausgabenaufschlag). In addition to the trading costs, which include the order commission, stock exchange fees are also often added. The latter are usually not very high, but so-called foreign charges must be included in every trade. Traders should always keep in mind that each fee is deducted from their return.

Save fees with an online broker or trading platform in Germany

The two major advantages of an online broker are that you can initiate trades from the comfort of your home and often also save money. For example, most online brokers do not charge any fees for opening a brokerage account in Germany.

Of course, the trading options will determine the choice of a broker. Future traders should use the Verivox comparison tool to find the right provider for their needs before setting up a trading account.

Compare trading options

In addition to trading stocks and shares on the stock exchange, brokers also offer other financial products. Some brokers specialise, but many allow trading with different products.

Funds are popular, as investors can spread their assets, which helps to minimise the risk of losses. ETFs (Exchange Traded Fund) or index funds are often recommended due to their low costs. These funds are usually not actively managed, but automatically track a specific index, which eliminates management fees.

Many traders achieve particularly high returns in a short time with so-called over-the-counter trading (OTC trading). Transactions do not take place at a centralised location such as the stock exchange, but directly between two market participants. One example of this are derivative products. These are financial products that derive their value from that of another. Derivatives include, for example, swaps, forward contracts, and CFDs (contract for difference). For this type of trading, knowledge of the market is key, as profits can be very high, but risk of losses are great.

Traders should therefore always think carefully before trading. It is advisable to use a demo account, so newcomers can test trading with a broker without speculating with their money.

Frequently asked questions

The more fees you pay, the lower your return will be. When choosing a trading account, you should pay attention to possible fees. It is also important to know whether costs are due for partial implementations. If an order has to be split into several steps, some brokers may charge a separate fee for each one. If other costs are incurred, such as exchange rate fees or fees on dividend payments, this further reduces your return. For this reason, comparing fees before opening a trading account is essential.

If you want to put your finances in the hands of a broker, you are not bound to a specific trading market. Bonds, Forex, and shares are traded by brokers particularly frequently. In addition, there are specialised providers, for example ETF or CFD brokers.

An automated investment service, also known as a robo advisor, is a digital asset manager where algorithms are used to manage portfolios. It allows you to invest money automatically, often in ETFs. This type of advisor can be suitable, for example, if you have little experience with investment strategies. It creates a portfolio that suits you and your risk tolerance.

AdobeStock_33878748_Bankengebaeude

Banks in Germany

The Verivox comparison tool helps you to compare a whole host of banks.

Banks in Germany

Compare now

AdobeStock_438323111_Bitcoin

Investments

How to invest your money. Compare the best investment options in Germany.

Investments

Compare now

AdobeStock_376672061_Frau-mit-Dokumenten-vor-Laptop

Personal loan

Our toll-free English hotline will help you compare loans, find the best interest rate and receive your money within 24 hours.

Personal loan

Compare now

AdobeStock_274986748_Person-mit-Kreditkarte-Tablet-und-Smartphone

Credit card

Comparison and guide to finding your ideal credit card in Germany.

Credit card

Compare now

Frau zahlt mit Karte am Kartenlesegerät

Bank account

Find the perfect bank for you and open an account in 3 easy steps.

Bank account

Compare now

Sparkonto

Savings account

Compare the best savings accounts in Germany with the comparison tool from Verivox.

Savings account

Compare now

Robo-Advisor im Vergleich

Robo-Advisor

Digitale Vermögensverwaltung

Im Robo-Advisor-Vergleich bei Verivox finden Sie bequem die optimale digitale Vermögensverwaltung.

  • Top-Anbieter im Preis-Leistungs-Test

  • Servicegebühr, Spread- und Fondskosten vergleichen

  • Einmalanlage und Sparplan möglich

Das sagen unsere Kunden über uns



4.9 von 5

  • 269187

    Bewertungen

  • 96% zufriedene Kunden

  • 100% neutrale Bewertungen




4.8 von 5

  • 41271 Bewertungen
  • insgesamt bei Trustpilot

Das ist Verivox

Erfahren
Team bei einer Besprechung

Seit 1998 haben unsere Experten über 8 Millionen Verbrauchern beim Vergleichen und Sparen geholfen.

Mehr erfahren
Zuverlässig
Mann nimmt Mädchen bei der Hand

Sie können bei Verivox stets auf aktuelle Tarifangebote und einen mehrfach ausgezeichneten Kundenservice vertrauen.

Mehr erfahren
Transparent
Transparentes Sparschwein mit Euromünzen

Wir finanzieren uns durch Provisionen und sind dennoch unabhängig - dank unserer größtmöglichen Marktabbildung.

Mehr erfahren