Broker comparison

Flatex vs.
S Broker

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 S Broker (3.8/5). S Broker has been in the market since 2001, making it the more experienced provider. Execution speed: Flatex ~30 ms (Xetra), ~70 ms (Tradegate/L&S), S Broker ~50 ms (Xetra/Tradegate).

Flat-fee broker with broad product range and options trading

The online broker of the Sparkassen financial group

At a glance

The key differences

Criterion
PlatformsFlatex Web, Flatex App, Flatex Trader 2.0S Broker App, S Broker Web, Marktinvestor pro
Product typesStocks, ETFs, Options, Futures, Funds, Bonds, DerivativesStocks, ETFs, Options, Futures, Funds, Bonds, Derivatives
Options tradingYes, Eurex and US options via FlatexYes, Eurex trading available
Fee model€5.90 flat fee per order plus exchange fees€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
Minimum deposit0 €0 €
RegulationBaFinBaFin
More informationDetailsDetails

Platforms

Flatex

Flatex Web, Flatex App, Flatex Trader 2.0

S Broker

S Broker App, S Broker Web, Marktinvestor pro

Product types

Flatex

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

S Broker

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

Options trading

Flatex

Yes, Eurex and US options via Flatex

S Broker

Yes, Eurex trading available

Fee model

Flatex

€5.90 flat fee per order plus exchange fees

S Broker

€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)

Minimum deposit

Flatex

0 €

S Broker

0 €

Regulation

Flatex

BaFin

S Broker

BaFin

More information

Flatex

Details

S Broker

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

€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

€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)

Published fee
€4.99 + 0.25% of order volume (min. €8.99, max. €54.99)
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

StocksETFsOptionsFuturesFundsBondsDerivatives
StocksETFsOptionsFuturesFundsBondsDerivatives

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

Trading platforms

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

S Broker App · S Broker Web · Marktinvestor pro

S Broker offers three trading platforms: The S Broker App enables mobile trading with price alerts and quick order placement. The S Broker Web platform provides comprehensive market data, chart analysis, and portfolio overview. Marktinvestor pro is the professional platform for active traders, offering real-time prices, technical analysis, customizable chart layouts, and an extended order book. All platforms support Eurex trading and various order types.

Explore platform

Regulation & security

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

Your investor profile

Who might it suit?

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

The online broker of the Sparkassen financial group

  • Sparkassen security and trust
  • Eurex options trading available
  • Wide product range
  • Higher fees than neobrokers
  • Custody fee without activity

Find the broker that fits

Flatex oder S Broker?

Side by side. Decided with knowledge.

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

Flatex4.2
  • Simple flat-fee structure
  • Eurex options trading available
  • Wide range of savings plans
S Broker3.8
  • Sparkassen security and trust
  • Eurex options trading available
  • Wide product range
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 Flatex and S Broker?
Flatex: €5.90 flat fee per order plus exchange fees. S Broker: €4.99 + 0.25% of order volume (min. €8.99, max. €54.99). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Flatex or S Broker?
Flatex offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives. S Broker offers Stocks, ETFs, Options, Futures, Funds, Bonds, Derivatives.
How are Flatex and S Broker regulated?
The broker profiles list BaFin for Flatex and BaFin for S Broker. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Flatex or S Broker better for beginners?
Flatex lists a 0 € minimum deposit and offers Flatex Web, Flatex App, Flatex Trader 2.0. S Broker lists 0 € and offers S Broker App, S Broker Web, Marktinvestor pro. Compare usability, available products and costs for your intended use.
Flatex vs S Broker: Which broker is better overall?
The choice between Flatex (4.2/5, 1500 reviews) and S Broker (3.8/5, 620 reviews) depends on your needs. Flatex: Flat-fee broker with broad product range and options trading. S Broker: The online broker of the Sparkassen financial group.

Your next step

Your next step

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Keep learning

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