Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Flatex Review

4
6 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

Flatex general information

Founded in: 1999 year
Headquarters:
Germany
Minimum Deposit: 0 $
Website: www.flatex.de
Website languages: English, Deutsch
Execution model:
NDD, MM
Deposit currency: EUR
Support languages: English, Deutsch
Regulated by: BaFin (Germany)
Mobile trading: iOS, Android
Types of offered accounts:
Demo accounts (with a time limit), Standard Accounts, Segregated accounts
Affiliate program: 1

Flatex Forex broker description

Pros

No minimum deposit Great proprietary platform Low trading fees

Cons

Lack of payment options Limited demo account


The Online broker flatex - a brand of FinTech Group Bank AG, the company specialises in the non-advisory securities business and targets active, well-informed traders who prefer to trade independently. The trading offer extends across all types of securities, with trading options on all German and many international stock exchanges as well as over-the-counter direct trading and CFD and FX trading.

As a brand of FinTech Group AG the online Broker fatex purely does not have any branches, rather it provides a “WebBranch”, which can be accessed over the internet, to trade securities, CFDs and FX. This clear and easy-to-use trading interface enables the secure and quick trading of shares, certificates, subscription warrants, bonds, funds, ETFs, CFDs and FX based on the permanent discount pricing model of the custodian and account-holding cooperation partner developed specifically for flatex customers. For more top brokers, make sure to check out our Exness review and HotForex review.

Trading accounts of Flatex

  • Standard
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Deposit currency : EUR - Euro
Trading instruments:
Forex1:100
Number of currency pairs: 38
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CHF/JPY
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/SEK
  • EUR/SGD
  • EUR/USD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NOK
  • GBP/NZD
  • GBP/USD
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/CZK
  • USD/DKK
  • USD/HUF
  • USD/JPY
  • USD/KRW
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/ZAR
  • ZAR/JPY
CFD's1:20
Metals1:20
  • Gold
  • Silver
Energy sources1:20
  • Oil
Cryptocurrencies
Stock exchange
  • Promotions
  • Options
  • Funds (ETF)
Entry to stock exchanges
  • NASDAQ (US)
  • NYSE (USA)
  • Euronext (ES)
  • FBW (Germany)
  • VSE (Austria)
Minimum position size:
0.1 лотов
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
100 %
Phone trading:
Yes

Contacts of Flatex

Headquarters
Germany , NeussHammfelddamm, 4
show on the map
09221 - 7035 897Телефон штаб-квартиры

Recent customer reviews of Flatex

Tyler Reed 25 March 2022

Advantages: The advantages of this broker are that the only large commission it charges are brokerage fees, while they do not charge a commission for trading. They also have leverage ratios that encourage investors to take risks without losing too much money in surprisingly short periods of time in weeks and months.

Disadvantages: However, the downsides are mostly small commissions, such as spreads, when such brokers usually offer only 1 point, while others charge about a point or 2 points per point just because they claim that it gives them an unfair advantage over human investors. they consist of technological failures that do not occur through communication with the support service.

Comment: I recommend making an informed decision before you start working with this broker.

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Louis Gilbert 25 March 2022

Advantages: -high liquidity and positive profitability or profit -can get a good user base at a distance of investing -minimal impact on the main products they offer

Disadvantages: unprofitable speculative operations, lack of retention capacity or fixed rate of return -platforms for communication with brokers are difficult to overcome

Comment: It may be interesting for you to read more information on the broker's official website, but I personally did not see anything interesting in this resource.

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Ahmet Erçetin 01 March 2022

Advantages: No minimum deposit requirements - according to the terms, the deposit amount is from 0 euros for all instruments

Disadvantages: Long-term account opening for non-residents of Germany - more than three days High fixed fees for stocks and ETFs

Comment: Personally, I like German brokers - their quality is excellent, both in providing trading and consulting services, and in the design of their website. This is not a Chinese stock exchange for a carbon copy. The services have been provided since 2006, which indicates reliability and, of course, there are also licenses. CFDs and currencies, securities, whatever you want, you will find here. Of course, all services are not free, you need to pay extra for many, it's better to read about this in the tariffs right away.

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.