English

Rating Index

1.56

Regulation

0.00

License

0.00

Software Index

4.00

Risk Control

0.00

Business

7.42

Pros

Wide range of trading products including stocks, funds, ETFs, options, futures, and CFDs.

User-friendly trading platforms available for web and mobile, along with phone trading options.

Affiliated with Commerzbank, providing a level of security and deposit protection for clients' funds.

Cons

Lacks valid regulatory oversight, raising concerns about the safety of user funds.

Mixed customer reviews, with a significant number of negative experiences reported regarding customer support and service quality.

High potential risk associated with trading, particularly in high-volatility markets like forex and CFDs.

Onvista bank broker Accounts

Onvista Bank Account Type

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.