Broker comparison

Banx Broker vs.
Flatex

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Flatex has a higher rating of 4.2/5 compared to Banx Broker (4.1/5). Flatex offers 7 instrument types, while Banx Broker offers 6. The minimum deposit is lower at Flatex with 0 €. Flatex has been in the market since 2006, making it the more experienced provider. Execution speed: Banx Broker ~25 ms (via IBKR routing), Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S).

Introducing broker with competitive rates for active traders

Flat-fee broker with broad product range and options trading

At a glance

The key differences

Criterion
PlatformsTWS, Banx App, IBKR MobileFlatex Web, Flatex App, Flatex Trader 2.0
Product typesStocks, Options, Futures, Forex, ETFs, CFDsStocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Options tradingYes, comprehensive options trading via IBYes, Eurex and US options via Flatex
Fee modelfrom €3.90 per stock order, from $2 per US option€5.90 flat fee per order plus exchange fees
Minimum deposit3.000 €0 €
RegulationBaFinBaFin
More informationDetailsDetails

Platforms

Banx Broker

TWS, Banx App, IBKR Mobile

Flatex

Flatex Web, Flatex App, Flatex Trader 2.0

Product types

Banx Broker

Stocks, Options, Futures, Forex, ETFs, CFDs

Flatex

Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives

Options trading

Banx Broker

Yes, comprehensive options trading via IB

Flatex

Yes, Eurex and US options via Flatex

Fee model

Banx Broker

from €3.90 per stock order, from $2 per US option

Flatex

€5.90 flat fee per order plus exchange fees

Minimum deposit

Banx Broker

3.000 €

Flatex

0 €

Regulation

Banx Broker

BaFin

Flatex

BaFin

More information

Banx Broker

Details

Flatex

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from €3.90 per stock order, from $2 per US option

Published fee
from €3.90 per stock order, from $2 per US option
Minimum deposit
3.000 €
See terms at provider

€5.90 flat fee per order plus exchange fees

Published fee
€5.90 flat fee per order plus exchange fees
Minimum deposit
0 €
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

StocksOptionsFuturesForexETFsCFDs
StocksETFsOptionsFuturesFundsBondsDerivatives

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

Trading platforms

TWS · Banx App · IBKR Mobile

Banx offers the Trader Workstation (TWS), the Banx App, and the IBKR Mobile App. The TWS is the professional desktop platform with comprehensive charting tools, option chains, Greeks display, strategy builder, and over 100 order types. It supports algorithmic trading and provides real-time market data at international exchanges. The mobile app enables trading on the go with access to all important features and order types.

Explore platform

Flatex Web · Flatex App · Flatex Trader 2.0

Flatex offers three trading platforms: Flatex Web enables comfortable browser-based trading with chart analysis and order masks. The Flatex App provides mobile trading with push notifications, watchlists, and quick order placement. Flatex Trader 2.0 is the professional desktop platform with real-time charts, over 80 technical indicators, Level 2 market depth, and advanced order types. All platforms provide access to the Eurex derivatives market and support trading at numerous national and international exchanges.

Explore platform

Regulation & security

BaFin

Regulatory information

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

Your investor profile

Who might it suit?

Introducing broker with competitive rates for active traders

  • Access to international markets
  • Comprehensive options trading
  • German customer service
  • Minimum deposit €3,000
  • Complex platform for beginners

Flat-fee broker with broad product range and options trading

  • Simple flat-fee structure
  • Eurex options trading available
  • Wide range of savings plans
  • Negative interest on cash balances
  • Additional exchange fees

Find the broker that fits

Banx Broker oder Flatex?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Banx Broker4.1
  • Access to international markets
  • Comprehensive options trading
  • German customer service
Flatex4.2
  • Simple flat-fee structure
  • Eurex options trading available
  • Wide range of savings plans
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 Banx Broker and Flatex?
Banx Broker: from €3.90 per stock order, from $2 per US option. Flatex: €5.90 flat fee per order plus exchange fees. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Banx Broker or Flatex?
Banx Broker offers Stocks, Options, Futures, Forex, ETFs, CFDs. Flatex offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.
How are Banx Broker and Flatex regulated?
The broker profiles list BaFin for Banx Broker and BaFin for Flatex. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Banx Broker or Flatex better for beginners?
Banx Broker lists a 3.000 € minimum deposit and offers TWS, Banx App, IBKR Mobile. Flatex lists 0 € and offers Flatex Web, Flatex App, Flatex Trader 2.0. Compare usability, available products and costs for your intended use.
Banx Broker vs Flatex: Which broker is better overall?
The choice between Banx Broker (4.1/5, 420 reviews) and Flatex (4.2/5, 1500 reviews) depends on your needs. Banx Broker: Introducing broker with competitive rates for active traders. Flatex: Flat-fee broker with broad product range and options trading.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.
Terms in the glossary:PremiumCall optionMarginExercisePut option