Flatex review
4.0

Flatex review

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.

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

Restricted Countries
Currency pairs
Trading Instruments, Research Tools, Customer Service

4.0
Trust & Safety
4.0
Platform & App
4.0
Non-trading Fees
5.0
Customer Service
4.0 Overall Rating

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Flatex review
4.0/5