Side by side
flatex vs DEGIRO vs Trade Republic
Choose up to four firms. We compare what matters when things go wrong: licences, compensation, legal protections, track record, then platforms and products.
| Firm | flatex | DEGIRO | Trade Republic |
|---|---|---|---|
| Protection Score | 71 | 74 | 70 |
| Licence status | EU/EEA licence | EU/EEA licence | EU/EEA licence |
| European licences | BaFin | BaFin AFM | BaFin |
| Other licences | |||
| Compensation via EU/UK/CH entity | BaFin: 90% of the claim, up to €20,000 per investor (investment firms) | BaFin: 90% of the claim, up to €20,000 per investor (investment firms) AFM: Up to €20,000 per investor (€40,000 for a joint account) | BaFin: 90% of the claim, up to €20,000 per investor (investment firms) |
| Negative balance protection (retail) | Yes, by law via EU/UK entity | Yes, by law via EU/UK entity | Yes, by law via EU/UK entity |
| Headquarters |  Germany |  Netherlands | Germany |
| Founded | — | 2008 | 2015 |
| Type | Share & ETF brokers | Share & ETF brokers | Share & ETF brokers |
| Listed / bank | Listed group, Banking licence | Listed group | Banking licence |
| Platforms | Own platform | Own platform | Own platform |
| Products | Stocks, ETFs, Funds, CFDs, Bonds | Stocks, ETFs, Options, Futures, Bonds | Stocks, ETFs, Bonds, Crypto, Cash / savings |
| Features | Savings plans | — | Savings plans, Fractional shares |
| Full profile | Full profile | Full profile |
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