English
Is flatex safe?
Rating Index
1.78
Regulation
0.00
License
0.00
Software Index
5.37
Risk Control
0.00
Business
7.50
Pros
Low and transparent trading fees with a flat rate of €5 per order, making it cost-effective for frequent traders.
Wide range of trading instruments available, including forex, stocks, ETFs, and CFDs, catering to diverse trading needs.
Strong regulatory oversight by BaFin, ensuring a secure trading environment for clients.
Cons
Limited payment methods, as deposits and withdrawals are only accepted via bank wire transfers, which can be inconvenient.
High forex fees compared to some competitors, which may deter high-frequency forex traders.
Customer support primarily in German, which could pose challenges for non-German speaking clients seeking assistance.
flatex Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
flatex latest industry rating score is 1.78, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.78 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.