Commerzbank Account Type

Commerzbank offers a variety of trading accounts, primarily the Commerzbank DirektDepot. This account is designed for individuals looking to invest in stocks, ETFs, and other financial instruments. Key features include:

• No Monthly Fees: The account is free if at least one transaction is made each month.
• Low Order Fees: Order fees are 0.25% of the price or nominal value, with a flat fee of €4.90 (minimum total of €9.90).
• Savings Plans: Monthly savings plans can be initiated with as little as €25, with selected products available without order fees.
• 24/7 Customer Support: Available via phone for assistance.
• Access to Global Markets: Trade shares from various international stock exchanges.
• Mobile and Online Access: Manage the account via a mobile app or web browser.

Commerzbank Broker Account Opening Process

To open a Commerzbank broker account, follow these steps:

• Fill Out the Application: Go to the Commerzbank website and click on "jetzt depot eröffnen" to start the application. Provide personal details such as:
• Full name (as per passport)
• Date and place of birth
• Nationality

• Provide Your Address: Enter your registered address in Germany, including postal code and city.

• Employment Details: Indicate your occupation and select the appropriate category.

• Contact Information: Provide a valid mobile phone number and email address.

• Create Login Credentials: Set a username and password for online banking, ensuring they meet specified criteria.

• Expected Transactions: Estimate your monthly incoming transfers and cash transactions.

• Trading Knowledge: Acknowledge your experience in trading and download the information brochure regarding risk classes.

• Clearing Account: Specify an existing bank account (IBAN and BIC) to connect with your clearing account.

• Agree to Terms: Accept the terms and conditions to proceed.

• Identification Process: Confirm your identity via:

• Online: Through video identification.
• Offline: At a local branch or post office using a postident coupon.
• Await Confirmation: After successful identification, you will receive confirmation, and your account will be activated within 1-2 business days.

For further details, visit the Commerzbank website.