Rating Index

Pros

Comdirect offers a wide range of trading options across various asset classes, making it suitable for diverse investment strategies.

The platform provides comprehensive educational resources and tools for both new and experienced traders, enhancing user knowledge and trading skills.

There are no inactivity fees, withdrawal fees, or deposit fees, allowing for cost-effective trading and account management.

Cons

Trading fees, particularly for stocks and ETFs, can be relatively high compared to competitors, which may deter cost-conscious investors.

The platform primarily operates in German, which may pose a challenge for non-German speakers looking to navigate its services.

The account opening process for non-German residents can be complicated and time-consuming, potentially limiting access for international traders.

comdirect broker Accounts

Comdirect Account Type

Comdirect offers several types of accounts to cater to different trading needs:

Current Account Active: A standard checking account designed for active traders, allowing for daily transactions with no monthly fees.
Current Account Extra: This account provides additional features beyond the standard account, such as higher transaction limits or lower fees.
Current Account Plus: A premium account that includes all benefits of the other accounts, along with exclusive customer support and better trading conditions.
Brokerage Account: A free trading account that allows users to purchase stocks or investment funds on global stock exchanges. A minimum deposit of €700 is required to start trading.

Comdirect Broker Account Opening Process

Opening a broker account with Comdirect involves several straightforward steps:

Choose Account Type: Decide which account suits your trading needs (Current Account Active, Current Account Extra, Current Account Plus, or Brokerage Account).
Complete Application: Fill in the online application form on the Comdirect website.
Identity Verification: Verify your identity using PostIdent or VideoIdent. For most nationalities, in-person verification at a post office is required.
Submit Documents: After verification, submit necessary identification documents such as a government-issued ID and proof of address.
Fund Your Account: Once approved, make the minimum deposit of €700 using available methods like credit/debit cards, Skrill, or Neteller.
Start Trading: After funding your account, you can begin trading on the Comdirect platform.

For more detailed information on account types and the opening process, visit the Comdirect website.