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Top Neobroker in Germany: Trade Republic and Scalable Capital - The Standout Providers for Online Trading

Online trading platform, Trade Republic, ranks top in BOORSE ONLINE's Neobroker comparison, catering effectively to budget-conscious savers. Scalable Capital, on the other hand, is an attractive choice for more active traders seeking a dynamic online brokerage service.

Top neobroker in Germany: Trade Republic and Scalable Capital, deemed the superior financial...
Top neobroker in Germany: Trade Republic and Scalable Capital, deemed the superior financial service providers

Top Neobroker in Germany: Trade Republic and Scalable Capital - The Standout Providers for Online Trading

In the ever-evolving world of online trading, choosing the right Neobroker can be a daunting task. Four popular options in Germany are Trade Republic, Scalable Capital, finanzen.net zero, and Just Trade. Each has its unique features, making them suitable for different trading preferences and portfolio types.

Here's a detailed comparison based on key factors:

| Feature / Broker | Trade Republic | Scalable Capital | finanzen.net zero | Just Trade | |---------------------------|----------------------------------|--------------------------------|--------------------------------|------------------------------------| | Account fees | 0 € | 0 € | 0 € | 0 € | | Order fees for ETFs/stocks | From €0.99 per trade via Lang & Schwartz exchange | From 0 € on Pro version, otherwise small fees | Free transactions on orders ≥ €500 | Around €1 per trade | | Number of free ETF savings plans | ~2,400 | ~2,700 | ~1,700 | ~1,200 | | Fractional shares trading | Yes, also outside savings plans | Yes | Not specified | Limited | | Cryptocurrency trading | No | Yes, cryptocurrency + crypto ETNs | No | Yes | | Supported exchanges | Mainly single exchange (Lang & Schwartz) | Multiple direct trading exchanges | Multiple exchanges | Limited | | Additional features | Debit card with cashback and round-up investing | Extensive ETF selections and free sales depending on plan | Free sales if order ≥ €500, broad crypto offering | Banking services including current account | | Actively managed funds transfer | Not supported | Supported | Supported | Supported |

Key Considerations

  • If you want lowest costs on large orders (≥ €500) with free sales, finanzen.net zero is attractive because all transactions including sales are free once order totals reach €500.
  • For best free ETF savings plan variety and overall low fees, Scalable Capital leads with the highest number of free ETF savings plans, zero account fees, and crypto trading options.
  • If you desire fractional shares trading alongside a cashback debit card and broad ETF options, Trade Republic offers these features but lacks actively managed fund transfers and supports trading through a single exchange (Lang & Schwartz).
  • Just Trade can be preferable if you want banking services bundled with your broker account and cryptocurrency trading, although trading fees are slightly higher, and the number of free ETF plans is fewer.
  • For actively managed funds transfer support, exclude Trade Republic and consider the other three, as Trade Republic does not support transferring these funds.

Making Your Choice

  • Choose Scalable Capital if you prioritize a wide ETF range, free ETF savings plans, and crypto trading.
  • Choose finanzen.net zero if you do bigger orders and want free transaction costs on them.
  • Choose Trade Republic if you want convenience, fractional shares, a cashback debit card, and trade primarily standard securities.
  • Choose Just Trade if you want integrated banking services and crypto trading with somewhat higher fees.

Your best choice depends on whether you value low-cost trading for large orders, breadth of ETFs, fractional shares, crypto availability, or banking services alongside your brokerage.

For more information about Just Trade and its offerings, you can learn more here. Trade Republic, currently the best Neobroker according to Börse ONLINE, has gained recognition for its debit card, plans for a checking account, and continued favorable trading conditions. Learn more about Trade Republic's offer here. Scalable Capital's offer can be found here.

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