Online Broker Trading Test - Comparisons. Com 2024

The Best Online Broker Trading Compared

Broker - The helper in the financial market

The stock market is an institution that has been around for many years. Almost every company on the road to success offers shares of its company on the stock exchange. Thus, every citizen has the option of purchasing over shares To get Anteiel at the company.

However, the stock market or, for example, the creation of securities is a highly controversial trade and hardly understandable to a layman. A broker is in this case the perfect contact person, because he has direct access to the financial market and knows exactly what it is Trading goes and what is to be considered.

The Best Broker compared square 1-5

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	Best recommendation 1,4Excellent Plus500 Experience price quotation in real time Free demo account possible Mobile trading with iOS & Android apps Open an account	1,5Excellent Degiro new customer actions Open an account	1,6good flatex new customer actions Open an account	1,8good etoro Open an account	1,9good onivista bank 100 € trading credit, 5 € permanent order commission Open an account
Name	Plus500	Degiro	flatex	etoro	onivista bank
comparison result Note on the comparative grade	The Best producttest-vergleiche.com1,4ExcellentOnline Broker Trading	TOP Productstest-vergleiche.com1,5ExcellentOnline Broker Trading	TOP Productstest-vergleiche.com1,6goodOnline Broker Trading	TOP Productstest-vergleiche.com1,8goodOnline Broker Trading	TOP Productstest-vergleiche.com1,9goodOnline Broker Trading
CFD service	no commissions \| tight spreads \| free real-time courses \| advanced trading tools \| unlimited free demo account \| intuitive platform	direct trading with stocks \| fast opening from the depot \| strict security controls \| real world securities trading \| no hidden fees	Free demo account \| Minimum deposit not necessary \| Depot costs do not apply \| Fund investment calculator \| fast depot opening	extensive market \| interactive features \| high transparency \| mobile usable \| different risks \| different investment strategies	Trading via App possible \| no custody costs \| Minimum deposit not necessary \| Deposits at Depot Opening \| no negative interest
Cost per order	Variable	2,39 €	3,80 €	KA	5,00 €
Period order costs	not specified	not specified	not specified	not specified	not specified
deposit fee	free	free	free	free	free
currency pairs	about 50 couples	not specified	37 pairs	about 60 piece	70 pairs
savings plans	not specified	0 plans	via 350 ETF free of charge	not specified	80 pc
risk warning	76,4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford the high risk of losing your money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Up to 68% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.
Benefits	Experience price quotation in real time Free demo account possible Mobile trading with iOS & Android apps	new customer actions	new customer actions		100 € trading credit, 5 € permanent order commission
Conclusion	follows
to offer	Open an account	Open an account	Open an account	Open an account	Open an account

Our comparison chart for Online Broker Trading Comparison does not replace one Online Broker Trading Testin which a special Online Broker Trading Test Winner can be recommended. In order to increase the added value for our readers, we may link to an external online broker trading test of trustworthy sources. Only you decide which model your personal Online Broker Trading Test Winner is.

The Best Broker compared square 5-10

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	1,8good XTB no requotes, fast order execution Open an account	1,9good CapTrader up to 250 € Freundesbewerbung Open an account	2,0good Lynx broker For Refer a Friend 50 € deposit credit Open an account	2,1good Broker port regularly changing actions Open an account	2,2good DB maxblue 4,99 € for 6 months for new customers Open an account	2,5good Avatrade Free Coaching: Online Trading Open an account
Name	XTB	CapTrader	Lynx broker	Broker port	DB maxblue	Avatrade
comparison result Note on the comparative grade	TOP Productstest-vergleiche.com1,8goodOnline Broker Trading	TOP Productstest-vergleiche.com1,9goodOnline Broker Trading	TOP Productstest-vergleiche.com2,0goodOnline Broker Trading	TOP Productstest-vergleiche.com2,1goodOnline Broker Trading	TOP Productstest-vergleiche.com2,2goodOnline Broker Trading	TOP Productstest-vergleiche.com2,5goodOnline Broker Trading
CFD service	no minimum deposit \| fast deposit and withdrawal \| Micro-Lots tradable \| two innovative platforms \| fast order execution	favorable conditions \| Free AgenaTrader \| Demo account for 30 days \| fast account opening \| free account management \| different asset classes	free securities account \| transparent fees \| mobile trading possible \| 100 Worldwide Stock Exchanges \| Change Limitors for free	Free depository management \| mobile usable \| Protection of Deposits by Deposit Guarantee Funds \| Standard and Package Models \| Attractive changing new customer offers	free limits \| numerous limit functions \| interest bearing current account \| Mobile Trading via App \| free currency accounts	attractive new customer bonus \| low spreads \| mobile usable \| user friendly interface \| powerful trading platform
Cost per order	3,99 €	4,00 €	5,80 €	6,49 €	8,99 €	KA
Period order costs	not specified	not specified	not specified	not specified	not specified	not specified
deposit fee	free	free	free	free	free	free
currency pairs	50 pairs	about 100 piece	up to 16 piece	not specified	not specified	about 60 piece
savings plans	76 pc	about 6.100	about 3.500	not specified	about 600 action plans	not specified
risk warning	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.
Benefits	no requotes, fast order execution	up to 250 € Freundesbewerbung	For Refer a Friend 50 € deposit credit	regularly changing actions	4,99 € for 6 months for new customers	Free Coaching: Online Trading
to offer	Open an account	Open an account	Open an account	Open an account	Open an account	Open an account

The Best Broker compared square 10-15

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	2,2good Sparkassen broker 4,99 € for 6 months for new customers Open an account	2,3good IG Markets reduced risk for two weeks Open an account	2,4good Easy Markets New customers bonus of 25 € Open an account	2,5good Avatrade Free Coaching: Online Trading Open an account
Name	Sparkassen broker	IG Markets	Easy Markets	Avatrade
comparison result Note on the comparative grade	TOP Productstest-vergleiche.com2,2goodOnline Broker Trading	TOP Productstest-vergleiche.com2,3goodOnline Broker Trading	TOP Productstest-vergleiche.com2,4goodOnline Broker Trading	TOP Productstest-vergleiche.com2,5goodOnline Broker Trading
CFD service	free limits \| numerous limit functions \| interest bearing current account \| Mobile Trading via App \| free currency accounts	automatic loss limitation \| mobile usable \| regular updates \| direct market access \| user-friendly platform \| Risk Management Tool	Real-time overview \| deep market insight \| powerful tools \| transparent \| uncomplicated deposits and withdrawals	attractive new customer bonus \| low spreads \| mobile usable \| user friendly interface \| powerful trading platform
Cost per order	8,99 €	5,00 €	KA	KA
Period order costs	not specified	not specified	not specified	not specified
deposit fee	free	free	free	free
currency pairs	not specified	up to 40 piece	135 pc	about 60 piece
savings plans	about 600 action plans	not specified	not specified	not specified
risk warning	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.	Approximately 70-80% of CFD or Forex traders lose money.
Benefits	4,99 € for 6 months for new customers	reduced risk for two weeks	New customers bonus of 25 €	Free Coaching: Online Trading
to offer	Open an account	Open an account	Open an account	Open an account

The most important points about the broker at a glance

A broker is a trained professional who works in the financial market. To be able to buy and sell there, a broker usually has to have an approval from the state financial regulator.

The commissioning of a broker takes place through an order, as in various Trading Tests can be read. This order can be ordered by individuals as well as small or large companies.

As the financial market covers a very global and comprehensive area, there are several categories by which the broker is structured, for example CFD or Forex Trading, Basically, these categories relate directly to the respective order.

Please remember!

CFDs are complex instruments and have a high risk of quickly losing money due to leverage. 74-89% of retail accounts lose money trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Who hasn't considered buying shares to get an interest in a company? Buying and selling stocks or securities is an exciting matter, but it cannot be done in between. For a layperson, without any basic knowledge, it is not that easy to find the right asset to make a profit from. Many beginners have lost a lot of money in a very short time, simply because they lack the knowledge and they have tried, on the luck of the word, to invest money in the money market. In our online broker comparison we would like to introduce you to the players on the money market in more detail and, above all, explain the differences between the brokers. If you are interested in further topics in the field of finance, you have on our site test-vergleiche.com the possibilities to read in many things:

deposit account

Capital investment

Daily money checking account

What is a broker?

A broker is a person who trades in a variety of different financial instruments. These include, for example, raw materials, goods or foreign currency in any form. Unlike the traders, a broker always works on demand and for the account of others. Basically, he's nothing more than an intermediary or sort of middleman hired by a client.

In different Online Trading Compare can be read that he not only understands his business but also works in other fields of activity.

His area of responsibility includes, for example, the preparation of market analyzes from all sectors in order to be able to provide detailed advice to his customers. Brokers are not only allowed to look after large companies, they also work for private individuals who would like to use their skills.

Basically, a broker always works for so-called "ticket frees". These are special fees that apply to the activities of the broker. It does not matter if the broker's work is successful or not. He can also charge a higher fee per winning amount and effort. This ultimately means that he earns his money with other people's money.

What is a broker needed for?

Anyone who wants to buy or sell financial products, be it a private individual or a company, needs a broker in any case, as he has a financial supervision approval. As a private person, there is no possibility of doing any kind of business on the stock exchange. That's right, because this is the only way to ensure that the quality and effectiveness of the stock exchange is maintained.

Thus, the purchase and sale of financial products is reserved exclusively to the broker. While individuals have no access to the stock exchange at all, a company may be granted access under certain conditions and on conditionality.

Basically, it is not only on the stock market, but it also includes the foreign exchange market. Again, only the broker is able to facilitate a connection between private individuals or a company for foreign exchange trading. It is thus the interface to all financial markets around the world.

What differences are there with the broker?

As you already in various Online Trading Test have experienced the broker for different areas. The main difference lies in the respective order and the spread range. In principle, the broker is a service provider for traders. While some brokers create a direct connection between the customer and the virtual trading network, other brokers create their own courses or ensure that the customer order is passed directly through the bank pool. But what the exact differences between the brokers are, we would like to explain in detail below:
Market Maker (Dealing Desk)

Most brokers in Europe are Marker Makers. Compared to the other brokers, the order is not forwarded to a bank but executed by the broker himself. In principle, he advertises with deposit bonuses for new customers, with a low minimum deposit and with a trade that is commission-free.

The special feature of the market maker is that he provides the supply and the demand so that he can always offer his customers attractive buying and selling prices. This means nothing else than that the buy and sell applications are executed against each other and the market maker earns his money through the spread.

If the buy order is significantly higher than the sell order or vice versa, there is a need for action from the market maker. Now he is forced to take a (net) position on the foreign exchange market, which he carries out at his own risk or hedges externally. If he takes this position at his own risk, he can certainly make profits, even if his customer loses money. This often leads to a conflict of interest.

STP Broker (Non-Dealing Desk)

STP stands for "Straight Through Processing" and means "immediate passage". The broker has the task of forwarding the order from the customer directly to a liquidity or bank pool, without which a detour is taken. Since several banks are competing for the same order, the best price usually comes into play. The liquidity pool decides on the quality of the respective courses. However, if it is just a bank, there are hardly any significant differences to the market maker.

Online brokers generally forward their client orders to a stock exchange. It is similar with a liquidity pool, except that the FX experience shows that there is one FX trading so a stock market does not exist. Therefore, in this case, a bank pool is substituted. As a rule, spreads at an STP broker are variable plus a premium that STP Brokers can make. A few STP brokers also require commissions.

ECN Broker (Non-Dealing Desk)

The network of an ECN broker includes banks, private traders and many others to which the customer is directly tied. The term ECN stands for Electronic Communication Network, which in German means something like "virtual trading network". Everyone who is in this network has the option to directly place orders in the ECN's order book.

The good thing is that the order book has a certain market depth and thus every order can be traced. Here you can read how many units have been offered, what has been asked and which currency pair has been bought or sold. Here, too, supply and demand are decisive for price formation. As a rule, there are no spreads, so that ECN brokers can only earn income through commissions.

Forex Broker

The foreign exchange market is more than extensive and usually not made for beginners. In order to be able to play here, the help of a forex broker is in any case required. However, they are different besten Forex Trader significantly through their practices and the quality of their work.

While some forex brokers work with banks, many are independent. With the help of forum members and theirs Forex Experience, it is often possible to answer the question as to which broker is best for one's own needs and desires. After choosing a suitable forex broker, the first step is opening a custody account. Because you are trading big sums of money, it is loud Online Broker Opinions Of customers and experts, it is important to try a demo account first. Crucial here is like viel and the Depot kostet or whether it is offered free of charge. Here you can test your skills and practice first, before you venture the risk with real money. If you are confident enough after that, you can now implement what you have learned with a real account. However, it often takes months before you feel confident enough and do not run the risk of having to pay a lot of training.

What is the meaning of the term "leverage effect"?

In a so-called lever business, the leverage effect is generally used. This means that you also have the opportunity to borrow money from the broker to invest it profitably. Thus, you can achieve high profits with a relatively low own use in a good run. However, there is also a high risk of loss.

What is Margin Call?

Every broker requires a security deposit from his trader if he wants to participate in the lever business. This investment is also called Margin Call. As a rule, the Margin Call is then called by the broker when, after considering the current market situation, it comes to the conclusion that a loss is to be expected which is significantly higher than the bet made by the trader.

What does the term forex trading mean?

Trading in foreign exchange is carried out exclusively by institutional investors or banks, and meanwhile foreign exchange trading has also been discovered by private investors. However, if you want to take part in Forex trading, then you're in for a treat Depot mandatory, which is invested in a forex broker. The forex broker should however be specialized in the field of currency trading. The depot experience of traders has shown that this one Trading Compare very important to the besten Forex Broker to find for yourself.

In different Forex Tests It can be read that an interaction of some factors are very important. This includes:

volatility
Leverage or margin height
Analyzes of the markets
current charts

In order to avoid total loss, it is very important to observe enhancements or changes in order to keep an eye on the risk and minimize it.

Which order fees are charged to the broker?

As you already know in ours Online Trading Compare There is not only a broker for all financial markets, but a special broker for each area. Just as different as the broker types are the order fees that are incurred. Below is an overview of the main types of order fees:

Trading center fee

The chosen trading center is usually calculated by the brokers in addition to the order commission. The respective amount depends on the broker's chosen fee model. With these fees, the brokers cover the fixed costs incurred during the IPO. In the Xetra orders, which is particularly cost-effective, the amount depends on the fee from about 2 Euro, which is tied to the order volume or is calculated flat rate. Due to the different data transfer rates, a large bandwidth is created, so that fixed monthly costs of 2.000 to 20.000 Euro can arise for the connection. For each participant and month, additional 500 to 4.500 Euro will be charged to provide the Xetra system.

Order commission and basic fee

It is usually composed of the basic fee plus the commission plus a minimum amount plus a fee cap and actual and internal trading venue fees.

exchange fees

According to various online trading tests, the stock exchange fees are usually compensated with the trading venue fees. However, not all brokers stick to it, but additionally charge the stock exchange fees. If we look at the Frankfurt Stock Exchange, it can be seen that the order fees are between 0,36 and 0,60 Euro. The fee ceiling of 72 Euro may not be exceeded.

Which fee models can be found at the broker?

As a broker is a private company, it is not subject to any fee determination. He can therefore freely determine his fees. For this reason, it is important that at one Trading Compare Exactly researching which broker is the right one and can implement their own wishes and needs at fair prices. Whether he, for example shares Experience, CFD Experience, Forex Experience or FX Experience brings. The following fee models can be called by the broker:

Flat fees

In Germany, Flatex introduced the lump-sum, independent order fee, which is dependent on the order volume and thus transparent. With this fee calculation it is to be noted that the fees for foreign countries are usually set much higher.

Basic fee plus commission with CAP

This payroll model is used by most brokers. The basic fee is five euros plus 0.25 percent commission as well as the trading venue fee and partly the stock exchange fees. The commission is at least 10 Euro, but may only be a maximum of 50 Euro.

Order fees staggered

Especially at German stock exchanges, this model comes predominantly to fruition. Expressed in numbers, this means:

10.000 Euro = 10 Euro for each order
For larger orders, there are 25 Euro for each order

In both cases, the exchange fee will be charged additionally.

Telephone order, order change, deposit management

When an order arrives by fax or by phone, brokers charge so-called offline surcharges, which are between 8 and 15 Euro per order. For a telephone order, the minimum fee is usually set higher.

Order fees with Anglo-Saxon coinage

This is a fee model, which is mainly used in the US. The price per traded stock is just 2 cent and should be at least 5 Euro. A stock comparison can be a great help here.

Important:

The main task of a broker is to observe, invest and sell. He has to keep a close eye on current developments on the international financial market at all times in order to react in a timely manner. This is important so that the customer and the broker himself does not lose money.

Is there a broker test by Stiftung Warentest?

So far Stiftung Warentest has mainly dealt with ETF savings plans, custody costs or investment options. The area broker itself has not undergone a direct test.

Conclusion to the broker

In our Online Trading Compare You can compare different types of brokers. In this way, you can choose the broker that suits your needs and that is technically acceptable for you. It is important that you get the opportunity to open a demo account at the beginning in order to familiarize yourself with the whole topic. If you feel secure and have understood what is important, you can easily trade real money now. However, you need a little patience, because it can take up to half a year before you can work with real money instead of virtual money.

Related pages that interest you:

Which online broker trading article has emerged as the "best recommendation" in the Test-Vergleich.com comparison?

The Plus500 was chosen by our authors on the basis of positive product reviews in connection with high sales figures among all other test subjects with the grade “best recommendation”.

Which manufacturers offer in the online broker trading comparison of Test-Vergleiche.com Your products?

Our online broker trading comparison is based on a number of well-known manufacturers. With us you can easily find out which product in the online broker trading comparison belongs to which brand. We have selected these manufacturers for you: , , , , , , , , , , , , , and .

Who puts the article in the online broker trading comparison that offers the best price-performance ratio?

According to the objective assessment of our editors, the online broker trading comparison was rated as the article with the best price-performance ratio.

How expensive or affordable are the products from the online broker trading comparison Test-Vergleiche.com?

Of high quality Online Broker Trading Products have their price. In doing so, you have to cost up to To the tariffs € calculate. We already have more affordable products To the tariffs € zu kaufen.

Which online broker trading manufacturer was selected by the editors of which online broker trading products Test-Vergleiche.com included?

For the assessment of products and manufacturers, we usually select 5 different articles for comparison. In the present comparison it concerns these products: Plus500, Degiro, flatex, etoro, onivista bank, XTB, CapTrader, Lynx broker, Broker port, DB maxblue, Avatrade, Sparkassen broker, IG Markets, Easy Markets and Avatrade

In what order did the editors of Test-Vergleiche.com Which Online Broker Trading Articles Prized?

We research objectively, competently and independently of industry, media & Co. In our online broker trading comparison, customer experiences, our own test results and possible evaluations by Stiftung Warentest have led to this ranking: The article got 1st place Plus500, followed by Degiro, flatex, etoro and onivista bank.

What was the online broker trading comparison of Test-Vergleiche.com next to the comparison winner and the price-performance winner?

In addition to the best online broker trading articles and the price-performance winner, our selection also includes other, also very good products, which are: Plus500, Degiro and flatex.

Mario
Author test-vergleiche.com

Online broker trading / finance & insurance guide – your key to well-founded financial decisions

Our well-founded tips and advice from our Online broker trading test & comparison direct you to the best and safest Online broker trading financial products.

Here we present you our topOnline broker trading recommendation from our careful comparison.

Hello, I'm Mario, an experienced expert in the financial world, specializing in safe investments. My goal with this Online Broker Trading Comparison is to save you from risky financial decisions and give you the most trustworthy options in categories like Gold investments, savings bonds, savings accounts, fixed-term and daily deposits to recommend.

Unfortunately, safe investments with high interest rates are rare these days. In order to protect your assets from the turbulence of the financial markets, it is crucial to choose the right and safe one for you Online broker trading offer to choose.

To give you the evaluation of the different Online broker trading products To simplify, I offer you a selection of each Online Broker Trading Test Winner from our comparison. This means you can make an informed decision regardless of your preferred form of investment – whether in precious metals, savings products or other asset classes.

I would really appreciate your feedback on my selection. Do you already have experience in this area or do you have one yourself? Online Broker Trading Test carried out? Share your insights with me. My portal is open to you around the clock.

Best recommendation

Plus500

4.6 / 5 - (132 votes)

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Online Broker Trading Test - Comparisons. Com 2024

The Best Online Broker Trading Compared

Broker - The helper in the financial market

The Best Broker compared square 1-5

The Best Broker compared square 5-10

The Best Broker compared square 10-15

The most important points about the broker at a glance

Please remember!

What is a broker?

What is a broker needed for?

What differences are there with the broker?

What is the meaning of the term "leverage effect"?

What is Margin Call?

What does the term forex trading mean?

Which order fees are charged to the broker?

Trading center fee

Order commission and basic fee

exchange fees

Which fee models can be found at the broker?

Important:

Is there a broker test by Stiftung Warentest?

Conclusion to the broker

Related pages that interest you:

Which online broker trading article has emerged as the "best recommendation" in the Test-Vergleich.com comparison?

Which manufacturers offer in the online broker trading comparison of Test-Vergleiche.com Your products?

Who puts the article in the online broker trading comparison that offers the best price-performance ratio?

How expensive or affordable are the products from the online broker trading comparison Test-Vergleiche.com?

Which online broker trading manufacturer was selected by the editors of which online broker trading products Test-Vergleiche.com included?

In what order did the editors of Test-Vergleiche.com Which Online Broker Trading Articles Prized?

What was the online broker trading comparison of Test-Vergleiche.com next to the comparison winner and the price-performance winner?

Online broker trading / finance & insurance guide – your key to well-founded financial decisions

Plus500

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