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flatex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.flatex.at/, about the company's legal and temporary regulatory information, the company's address .

flatex Forex Broker

Basic Information

Registered Region

Germany

Operating Period

Company Name

flatex

Abbreviation

flatex

Company employee

Contact Number

+43720518777

Company Website

https://www.flatex.at/

Facebook

https://www.facebook.com/flatex.onlinebroker

https://twitter.com/flatex

Instagram

https://www.instagram.com/flatex.onlinebroker/

Keywords

2-5 years

Suspicious Regulatory License

High potential risk

Company profile

Aspect Information Company Name flatex Registered Country/Area Germany Founded year 2-5 years ago Regulation Unregulated Market Instruments Stocks, ETFs, Funds, Certificates, CFD, Crypto Minimum Deposit None Maximum Leverage N/A Spreads Starting from €5.90 Trading Platforms WebBranche Classic, Flatex Trader 2.0, Guide, Products Finder, flatex next Customer Support Phone: +43 720 518 777 (General), +43 720 518 555 (Interested persons) Deposit & Withdrawal Only bank transfer available Educational Resources Online seminars, roadshows, market updates, TV documentaries, podcasts Overview of flatex flatex, headquartered in Germany, has been operating for 2-5 years. It offers a range of trading assets including stocks, ETFs, funds, certificates, CFD, crypto and more. The platform is unregulated, which poses risks for investors. It provides a user-friendly trading platform with competitive fees, starting from €5.90 for stock trading. Additionally, flatex offers commission-free savings plans and educational resources. While it lacks various payment methods, its no minimum deposit requirement appeals to many investors. Regulatory Status Flatex is not regulated by any financial authority. This lack of regulation means there is no official oversight to ensure the company's practices are fair or transparent. Customers might face risks like unfair fees, lack of recourse in disputes, and potential loss of funds. Pros and Cons Pros Cons Low commission fees for stock trading: Starting from €5.90 Unregulated Commission-free savings plans Limited payment methods: Only bank transfer available Variety of trading assets: Stocks, ETFs, funds, certificates. No minimum deposit requirement Great educational tools Pros: Low Commission Fees for Stock Trading: flatex offers competitive commission fees for stock trading, starting from €5.90. This low fee structure can be advantageous for traders looking to minimize transaction costs, especially for smaller trades. Commission-Free Savings Plans: flatex provides access to over 600 commission-free savings plans, allowing investors to build diversified portfolios without incurring additional fees. Variety of Trading Assets: flatex offers a wide range of trading assets, including stocks, ETFs, funds, and certificates. This extensive selection provides investors with ample opportunities to diversify their portfolios and pursue various investment strategies. No Minimum Deposit Requirement: flatex does not impose a minimum deposit requirement, allowing investors to start trading with any amount they are comfortable with. Great Educational Tools: flatex provides educational tools and resources to help investors enhance their trading knowledge and skills, including online seminars, roadshows, market updates, TV documentaries, podcasts, and live events. Cons: Unregulated: One notable drawback of flatex is that it is not regulated by any financial authority. This lack of regulation raise risks about the platform's transparency, accountability, and adherence to industry standards. Limited Payment Methods: flatex offers limited payment methods, with only bank transfer available for deposits and withdrawals. Market Instruments Flatex provides various trading assets for traders, including: Shares Traders can invest in shares of various companies listed on multiple stock exchanges. Savings Plans ETF or fund savings plans are available, offering regular investment opportunities to secure financial futures. ETF With over 600 premium ETFs, traders can gain exposure to broad market indices. Funds A wide range of funds is offered, potentially benefiting from professional management and performance. Bonds Over 35,000 bonds are available for traders to earn returns through interest payments. Certificates & Leveraged Products Traders can trade certificates and leveraged products for opportunities to profit from price movements. CFD Contract for Difference trading is available for speculating on the price movements of various assets. Invest Sustainably: Flatex Green Sustainable investment options align with environmental and social governance criteria. Securities Loans Traders can borrow against their securities portfolio to access liquidity. Crypto Popular cryptocurrencies are available for trading, allowing traders to diversify their investment portfolio. How to Open an Account？ Opening an account with Flatex typically involves the following steps: Visit the Website: Navigate to the Flatex website to initiate the account opening process. Provide Personal Information: Fill out the online application form with accurate personal details, including your full name, address, contact information, and identification documents. Complete Verification: Upload necessary verification documents, such as a valid ID, proof of address, and any additional documents required for verification purposes. Agree to Terms and Conditions: Review and agree to the terms and conditions of Flatex, including any applicable fees, trading policies, and privacy agreements. Submit Application: Once all required information and documents are provided, submit your application for review. Upon approval, you will receive confirmation and access to your Flatex account for trading. Spreads & Commissions Shares For trading shares in Austria and Germany, flatex charges commissions starting from €5.90, plus standard market spreads. In Europe and North America, the commission starts from €15.90, also with standard market spreads. Comparing these fees with popular brokers, flatex generally offers competitive rates, especially for lower-value trades. However, for higher-value trades, other brokers may offer more competitive pricing. Savings Plans flatex offers more than 600 selected savings plans with commission-free trading. However, for other savings plans, there's a commission of €1.50. This makes flatex suitable for investors looking to save on commission fees, especially for selected savings plans. ETFs & Funds For premium ETFs and funds, flatex offers commission-free trading. However, for other ETFs and funds, the commission starts from €5.90. Investors interested in premium ETFs and funds can benefit from commission-free trading with flatex. Certificates & Leveraged Products flatex offers commission-free trading for products from premium partners. However, for products from other issuers, the commission starts from €5.90. Investors who prefer products from premium partners can take advantage of commission-free trading with flatex. Considering the fees, flatex is suitable for various user groups, including those who prioritize commission-free trading in selected savings plans, premium ETFs, and funds. However, investors conducting higher-value trades find other brokers offering more competitive pricing for certain assets. Trading Platform Flatex offers multiple trading platforms to accommodate varying trading styles and preferences: flatex next is a user-friendly platform accessible via desktop and mobile devices. It provides a friendly interface for trading and investment management. The platform prioritizes user-friendliness, providing an intuitive interface that has garnered recognition and awards. With flatex next, traders can access markets and investment products directly from one clear app, available on various devices including smartphones, desktops, and tablets. flatex-classic offers a simple and functional trading interface accessible through web browsers. It provides essential tools for executing trades efficiently. flatextrader 2.0 is a comprehensive trading software with advanced functionalities. It offers real-time market data, customizable charts, and various order placement options. It provides real-time push rates, ensuring traders have access to up-to-date market information. The platform includes a message display feature for important notifications, as well as access to Xetra Level 1 & Level 2 data for detailed market analysis. stock3：This platform provides access to real-time market prices and trading support tools. It is designed to enhance the trading experience for users. Product Finder：The Product Finder tool helps users identify suitable financial products based on their investment criteria. It streamlines the product selection process for traders. Deposit & Withdrawal Flatex facilitates deposits and withdrawals free of charge, with bank transfer being the sole payment method, which may result in longer processing times spanning a few days. Notably, there is no minimum deposit requirement, offering flexibility to users. However, the absence of alternative payment methods might inconvenience those seeking quicker transactions or preferring various payment options. Customer Support Flatex provides customer support via phone, with the contact number +43 720 518 777. For inquiries from interested individuals, they can call +43 720 518 555. Educational Resources Flatex offers a variety of educational resources to enhance stock market knowledge, including online seminars, roadshows, market updates, TV documentaries, podcasts, and live events. These resources provide valuable insights into stocks, indices, and trading strategies. Additionally, the availability of live events allows for interactive learning opportunities, which can be beneficial for traders seeking real-time market insights. Conclusion In conclusion, flatex presents several competitive advantages, including low commission fees starting from €5.90, commission-free savings plans, and a wide range of trading assets. Moreover, the platform stands out for its absence of a minimum deposit requirement. However, its unregulated status may discourage certain investors, while the limited availability of payment methods poses accessibility challenges. Nonetheless, flatex's user-friendly trading platforms and educational resources enhance its appeal, offering valuable tools for traders to navigate the market effectively. FAQs Question: What trading assets does flatex offer？ Answer: flatex provides access to a variety of trading assets, including stocks, ETFs, funds, and certificates. Question: Is flatex regulated？ Answer: No, flatex is currently unregulated, which may impact investor confidence and protection. Question: What are the commission fees for stock trading on flatex？ Answer: Commission fees for stock trading on flatex start from €5.90, making it a cost-effective option for traders. Question: What is the minimum deposit requirement on flatex？ Answer: There is no minimum deposit requirement on flatex, providing flexibility for investors of all levels. Question: What customer support options are available on flatex？ Answer: flatex offers customer support via phone, with dedicated numbers for general inquiries and interested people.

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flatex Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a flatex Account The process of registering for a flatex account is straightforward and user-friendly. Heres a step-by-step guide to help you navigate through the

Flatex Forex Broker - Complete Information Guide

1. Broker Overview

　　Flatex, officially known as Flatexdegiro Bank AG, was founded in 2006 and is headquartered in Frankfurt, Germany. As a publicly traded company, Flatex operates under the umbrella of Fintech Group AG, which is listed on the Stuttgart Stock Exchange. The broker primarily serves clients within the European Economic Area (EEA), focusing on retail investors who seek cost-effective trading solutions.

　　Since its inception, Flatex has established itself as a significant player in the online brokerage market. The company has achieved several milestones, including the acquisition of the Dutch broker DEGIRO in 2020, which solidified its position as one of the largest online brokers in Europe. Flatex has consistently aimed to provide competitive pricing, innovative trading platforms, and a range of financial products, catering to both novice and experienced traders.

　　Flatex operates on a unique business model that emphasizes low-cost trading. It primarily focuses on retail forex trading, offering a wide array of financial instruments, including stocks, ETFs, mutual funds, and CFDs. The company's commitment to transparency and customer education further enhances its appeal among investors.

2. Regulation and Compliance Information

　　Flatex is regulated by the Federal Financial Supervisory Authority (BaFin) in Germany, which is a tier-1 regulatory body. This regulation ensures that Flatex adheres to strict financial standards and provides a high level of investor protection. The regulatory license number for Flatex is provided by BaFin, confirming its legitimacy in the financial market.

　　The broker operates under various legal entities depending on the client's location, ensuring compliance with local regulations. Client funds are held in segregated accounts, providing an additional layer of security in the event of insolvency. Flatex participates in the investor compensation scheme, which protects clients' funds up to €100,000 for cash and €20,000 for securities.

　　To maintain compliance with anti-money laundering (AML) and know your customer (KYC) regulations, Flatex requires clients to undergo a verification process during account opening. This includes submitting identification documents and proof of address, ensuring that the broker operates within legal frameworks.

3. Trading Products and Services

　　Flatex offers a diverse range of trading products, catering to various investment strategies. The broker provides access to over 70 currency pairs, including major, minor, and exotic forex options. In addition to forex trading, Flatex allows clients to trade Contracts for Difference (CFDs) on a variety of assets, including indices, commodities, stocks, and cryptocurrencies.

　　The broker also offers unique products such as structured certificates, warrants, and turbo certificates, allowing investors to explore different investment avenues. Flatex frequently updates its product offerings, ensuring that clients have access to the latest financial instruments.

　　For retail clients, Flatex provides comprehensive trading services, including educational resources and market analysis tools. Institutional clients can benefit from tailored services, including liquidity solutions and white-label offerings, enhancing the broker's appeal across different market segments.

4. Trading Platforms and Technology

　　Flatex supports several trading platforms designed to meet the needs of various traders. While it does not offer the widely popular MetaTrader 4 or MetaTrader 5, Flatex has developed its proprietary platforms, including Flatex Web Filiale and Flatex Trader 2.0.

　　The Flatex Web Filiale is a web-based platform that allows traders to access their accounts from any device with an internet connection. It features multiple order types, real-time market data, and advanced charting tools. The Flatex Trader 2.0 platform is designed for more experienced traders, offering customizable features and in-depth analysis tools, although it comes with a monthly subscription fee.

　　Flatex also provides mobile applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The platform employs a market-making execution model, ensuring fast and reliable trade execution.

　　Additionally, Flatex offers API access for automated trading, allowing tech-savvy traders to implement their strategies efficiently. The broker's robust technological infrastructure supports a seamless trading experience, backed by secure servers and advanced encryption methods.

5. Account Types and Trading Conditions

　　Flatex offers a standard trading account with no minimum deposit requirement, making it accessible for new traders. The broker's fee structure is competitive, with a flat fee of €5.90 per trade for stocks and ETFs, while CFD trading incurs a commission of 0.05% of the transaction volume, with a minimum charge of €5.

　　For clients seeking enhanced services, Flatex provides premium account types, including VIP accounts that offer additional benefits based on trading volume. The broker also offers a demo account for new traders to practice their skills without financial risk.

　　Leverage options at Flatex vary depending on the asset class, with forex trading typically offering leverage up to 1:30. The minimum trade size is set at 0.1 lots, allowing for flexibility in trading strategies. Flatex does not charge overnight fees, making it an attractive option for swing traders.

6. Fund Management

　　Flatex supports bank transfers as the sole method for deposits and withdrawals, which may limit convenience for some users. There is no minimum deposit requirement, and the broker does not charge fees for deposits or withdrawals. However, clients may experience delays, as processing times for bank transfers can take between three to seven business days.

　　The broker's withdrawal process is straightforward, allowing clients to transfer funds back to their bank accounts. Clients should be aware that currency conversion fees may apply if they deposit from a non-euro account. Flatex's commitment to transparency ensures that all fees are disclosed upfront, with no hidden charges.

7. Customer Support and Educational Resources

　　Flatex provides multiple channels for customer support, including email, phone, and live chat options. The support team is available from 8 AM to 10 PM (GMT+1) on weekdays, offering assistance in both German and English. The broker's website features a comprehensive FAQ section, addressing common queries and providing relevant information.

　　In addition to customer support, Flatex offers a range of educational resources to help traders improve their skills. This includes webinars, e-books, and training videos covering various trading topics. The broker also provides market analysis services, including daily updates and research reports, to keep clients informed.

8. Regional Coverage and Restrictions

　　Flatex primarily serves clients within the European Economic Area (EEA), with a focus on Germany, Austria, and the Netherlands. However, clients from countries outside the EEA, including the United States, are not accepted. The broker's services are tailored to meet the needs of European traders, offering a localized approach to trading.

　　While Flatex has expanded its reach through the acquisition of DEGIRO, it remains limited in terms of geographical coverage compared to some competitors. The broker's commitment to regulatory compliance ensures that it operates within the legal frameworks of the regions it serves, providing a secure trading environment for its clients.

　　In summary, Flatex is a reputable broker with a strong regulatory framework, a diverse range of trading products, and a commitment to customer education. While its limited payment options and regional restrictions may pose challenges for some traders, the broker's competitive fees and user-friendly platforms make it an attractive choice for investors looking to trade in the European markets.

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