Regulatory Strength
Flatex is rigorously regulated by Germany’s Federal Financial Supervisory Authority (BaFin), ensuring adherence to strict regulatory standards and providing investor confidence in the platform’s reliability and security.
A Glimpse into the Flatex.com Advantage
- Diverse Trading Options: Traders have access to a wide range of financial instruments including stocks, ETFs, forex, funds, and an extensive selection of over 30,000 bonds.
- Crypto Offerings: Flatex provides investment opportunities in crypto ETNs, with products based on Bitcoin and altcoins like Ethereum and Cardano, through its third-party partners like VanEck and Coinshares.
- International Reach: The broker offers access to numerous global stock exchanges, including those in the US, Canada, and various European countries, accommodating a variety of trading preferences.
- Savings Plans: Flatex facilitates ETF and fund savings plans, allowing for regular investments without trading fees, which can be particularly appealing for long-term investors.
- Social Trading Services: Through Wikifolio, Flatex provides social trading services, enabling investors to follow trading strategies from other experienced traders.
- Specialized Assets: Traders can engage with special assets offered by global partners, such as leveraged products from investment banks like Goldman Sachs with favorable fees for larger order volumes.
Pros and Cons – Weighing the Advantages and Disadvantages
Pros
- A broad range of trading instruments and savings plans provide opportunities for diversified investment strategies.
- Access to crypto ETNs and specialized trading products through reputable partners enhances trading options.
- Advanced research tools and fundamental data are available for in-depth analysis.
Cons
- Improved Research Tools: Some tools could be more user-friendly, enhancing trading ideas.
- News Feed Quality: Room for improvement in delivering timely updates.
- Language Barrier: Exclusive German interface may hinder non-German-speaking users.
Flatex review Details
Platforms
Restricted Countries
Australia
Canada
Cyprus
Czech Republic
France
United States