Broker comparison

Deutsche Bank vs.
Maxblue

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

This is not a comparison of two providers but of two front doors to the same house: maxblue is Deutsche Bank's online brokerage, both are BaFin-regulated, both sit in Frankfurt and both use the same platform (maxblue Web and the Deutsche Bank app). In practice the order fee is what differs — from €8.90 online at Deutsche Bank against 0.25% of order value at maxblue, capped at €58.90. Neither trades options.

Securities trading at Germany's largest bank

Deutsche Bank's online brokerage

At a glance

The key differences

Criterion
Platformsmaxblue Web, Deutsche Bank Appmaxblue Web, Deutsche Bank App
Product typesStocks, ETFs, Bonds, Funds, Certificates, WarrantsStocks, ETFs, Funds, Bonds, Derivatives
Options tradingNoNo, no options trading
Fee modelCustody fee from €0 (maxblue), order fee from €8.90 (online)0.25% of order volume (min. €8.90, max. €58.90)
Minimum deposit0 €0 €
RegulationBaFinBaFin
More informationDetailsDetails

Platforms

Deutsche Bank

maxblue Web, Deutsche Bank App

Maxblue

maxblue Web, Deutsche Bank App

Product types

Deutsche Bank

Stocks, ETFs, Bonds, Funds, Certificates, Warrants

Maxblue

Stocks, ETFs, Funds, Bonds, Derivatives

Options trading

Deutsche Bank

No

Maxblue

No, no options trading

Fee model

Deutsche Bank

Custody fee from €0 (maxblue), order fee from €8.90 (online)

Maxblue

0.25% of order volume (min. €8.90, max. €58.90)

Minimum deposit

Deutsche Bank

0 €

Maxblue

0 €

Regulation

Deutsche Bank

BaFin

Maxblue

BaFin

More information

Deutsche Bank

Details

Maxblue

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Custody fee from €0 (maxblue), order fee from €8.90 (online)

Published fee
Custody fee from €0 (maxblue), order fee from €8.90 (online)
Minimum deposit
0 €
See terms at provider

0.25% of order volume (min. €8.90, max. €58.90)

Published fee
0.25% of order volume (min. €8.90, max. €58.90)
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

StocksETFsBondsFundsCertificatesWarrants
StocksETFsFundsBondsDerivatives

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

Trading platforms

maxblue Web · Deutsche Bank App

Deutsche Bank offers securities trading through maxblue Web and the Deutsche Bank App. The maxblue platform is the central online tool for securities trading with access to the in-house research department, price queries, and order placement. The mobile app complements the offering for trading on the go. The platforms are functional and security-oriented but appear less contemporary compared to modern trading apps.

Explore platform

maxblue Web · Deutsche Bank App

Maxblue provides the maxblue Web platform and the Deutsche Bank App. The web platform offers access to over 60 exchanges with detailed order masks, chart functions, and professional research reports from Deutsche Bank. The Deutsche Bank App enables mobile trading and combines banking with brokerage functions. Order types such as limit, stop, and market are available. The platforms are functional but appear less modern in design than the offerings of pure online brokers.

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?

Securities trading at Germany's largest bank

  • Germany's largest bank with highest deposit protection
  • maxblue online depot without custody fees
  • Wide range of certificates and bonds
  • Order fees significantly higher than neobrokers
  • Online platform not state of the art

Deutsche Bank's online brokerage

  • Deutsche Bank security
  • Free custody
  • Access to over 60 exchanges
  • Higher order fees
  • No options trading

Find the broker that fits

Deutsche Bank oder Maxblue?

Side by side. Decided with knowledge.

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

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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In-depth analysis

Entry and fees: Anyone setting these two against each other should know first that they belong together — maxblue is Deutsche Bank's online brokerage, and the Deutsche Bank securities account itself runs through maxblue. The entry terms are identical accordingly: no minimum deposit on either side and free custody. The difference is the order fee and the shape of it. Deutsche Bank quotes an order fee from €8.90 for online trading. maxblue charges by volume: 0.25% of the order value, minimum €8.90, maximum €58.90. On small orders that is effectively the same thing; only on larger volumes does the percentage scale start to show — until the €58.90 cap takes over.

Products and platforms: Here too almost everything overlaps. Deutsche Bank trades stocks, ETFs, bonds, funds, certificates and warrants; maxblue trades stocks, ETFs, funds, bonds and derivatives, with access to more than 60 exchanges. Both run on maxblue Web and the Deutsche Bank app. And both share the same gap: neither trades options. If you want to run an options strategy, this house is the wrong address in principle and you should look at a provider with Eurex access. What remains on both sides is a professional research offering.

Profile and verdict: Deutsche Bank (3.8/5 from 2,100 reviews) was founded in 1870 and is BaFin-regulated, with the deposit protection and branch network that come with Germany's largest bank; its execution is quoted at around 30 ms over Xetra Direct. maxblue (3.9/5 from 480 reviews) has existed since 2001, is likewise BaFin-regulated, and is quoted at around 50 ms over Xetra and Tradegate. The honest answer to "Deutsche Bank or maxblue" is therefore this: you are not choosing a different provider but a different fee logic and a different route to advice — branch advice costs extra at Deutsche Bank, while maxblue is the purely online door.

Your questions

Frequently asked questions

How do fees differ between Deutsche Bank and Maxblue?
Deutsche Bank: Custody fee from €0 (maxblue), order fee from €8.90 (online). Maxblue: 0.25% of order volume (min. €8.90, max. €58.90). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Deutsche Bank or Maxblue?
Deutsche Bank offers Stocks, ETFs, Bonds, Funds, Certificates, Warrants. Maxblue offers Stocks, ETFs, Funds, Bonds, Derivatives.
How are Deutsche Bank and Maxblue regulated?
The broker profiles list BaFin for Deutsche Bank and BaFin for Maxblue. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Deutsche Bank or Maxblue better for beginners?
Deutsche Bank lists a 0 € minimum deposit and offers maxblue Web, Deutsche Bank App. Maxblue lists 0 € and offers maxblue Web, Deutsche Bank App. Compare usability, available products and costs for your intended use.
Deutsche Bank vs Maxblue: Which broker is better overall?
The choice between Deutsche Bank (3.8/5, 2100 reviews) and Maxblue (3.9/5, 480 reviews) depends on your needs. Deutsche Bank: Securities trading at Germany's largest bank. Maxblue: Deutsche Bank's online brokerage.

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