Flatex general information
|Founded in:||1999 year|
|Minimum Deposit:||0 $|
|Website languages:||English, Deutsch|
|Execution model:||NDD, MM|
|Support languages:||English, Deutsch|
BaFin (Germany) |
|Mobile trading:||iOS, Android|
|Types of offered accounts:|
Demo accounts (with a time limit), Standard Accounts, Segregated accounts
Flatex Forex broker description
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.
Trading accounts of Flatex
|Trading platforms:||MetaTrader 4, Meta Trader 4 Mobile|
|Minimum Deposit :||0 $|
|Deposit currency :||EUR - Euro|
Number of currency pairs: 38
Entry to stock exchanges
Minimum position size:
Contacts of Flatex
Recent customer reviews of Flatex
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.
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.
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.