Onvista Bank offers a variety of trading account types tailored to meet the needs of different investors. The primary account type is the Broker Account, which allows users to trade a wide range of securities, including stocks, funds, ETFs, EUR bonds, certificates, warrants, futures, options, and CFDs. Key features of the Onvista Broker Account include:
- No monthly maintenance fees: Users are not charged a monthly fee to maintain their broker account.
- Fixed trade fee: A commission of €5 per trade applies, which is independent of the trade volume.
- Access to multiple trading venues: Traders can execute transactions on all major German and foreign stock exchanges, as well as through direct off-exchange trading with over 16 issuers.
- Comprehensive financial information: Onvista.de provides extensive market data and insights to assist investors in making informed decisions.
- Deposit protection: As a brand of Commerzbank, Onvista Bank is a voluntary member of the deposit protection fund of the Federal Association of German Banks, ensuring the safety of investors' funds.
Onvista Bank Broker Account Opening Process
Opening a broker account with Onvista Bank is a straightforward and digitalized process that can be completed in just a few minutes. Here are the steps involved:
- Visit the Onvista Bank website: Navigate to the official website and click on the “Open a Depot Now” button.
- Fill out the application form: Provide the necessary personal information in the online application form.
- Confirm your identity: You can verify your identity online or at a post office using a valid passport or identity card.
- Account funding: Once your account is opened, you can fund it through various methods, including bank transfers and credit/debit cards.
- Start trading: After your account is funded and verified, you can begin trading on the Onvista Bank platform.
This process ensures that users can quickly gain access to a robust trading platform designed for both novice and experienced investors.
Onvista bank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .