A comparison of neobrokers: their strengths and weaknesses

Number of brokers: 8

We have tested the ETF offers of the most important online brokers for you.

Preliminary information:

We have reviewed the ETF offers of selected online brokers based on clearly defined criteria. Only providers with an ETF savings plan offer were included in the comparison. Brokers with a strong focus on CFD trading, unclear or missing government regulation, or headquarters outside the EU were excluded. We regularly review this assessment.
This comparison is for information purposes only and does not constitute investment advice or a recommendation. Despite careful research, we do not guarantee the timeliness, accuracy, or completeness of the information provided. Past performance is not a reliable indicator of future results. Investments in securities involve risks, including total loss. Please check whether the products are suitable for your personal situation before making an investment decision.
Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable GmbH. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. Ultimately, it’s up to you to decide how and with whom you want to invest.

Our evaluation process:

For each broker, we have examined the modalities for regular trading, the ETF savings plan offer and further criteria, such as having an own banking license or a current account offering. In each category, we compared the offers of the online brokers with regard to different aspects and assessed them with points. In total, a maximum of 110 points could be attained. We then converted the number of points into a rating from 0 to 5, with 5.0 representing the best rating possible. The conversion is based on the formula: points achieved/20 (rounded to one decimal place).

This results in the following rating scheme.

Points achieved	Evaluation	Test result
89 - 110	4.5 - 5.0	Outstanding
79 - 88	4.0 - 4.4	Very good
59 - 78	3.0 - 3.9	Good
39 - 58	2.0 - 2.9	Satisfactory
19 - 38	1.0 - 1.9	Adequate
0 - 18	0 - 0.9	Poor

In the three categories mentioned above, we rated the broker offers as follows:

Trading (max. 45 points)

Fee for 1,000 € order (standard conditions)	Points
0.00 - 0.50 €	8
0.51 - 2.50 €	6
2.51 - 7.50 €	4
7.51 - 10.00 €	2
> 10.00 €	0

Fee for 10,000 € order (standard conditions)	Points
0.00 - 5.00 €	8
5.01 - 10.00 €	6
10.01 - 20.00 €	4
20.01 - 30.00 €	2
> 30.00 €	0

ETFs without order fee	Points
min. 2,000	5
1,000 - 1,999	4
500 - 999	3
250 - 499	2
1 - 249	1
0	0

Account fee	Points
Free of charge (without conditions)	10
Free of charge (with conditions)	5
Account fee > 0 €	0

Xetra trading available	Points
yes	4
no	0

Fractional share trading (beyond savings plans)	Points
yes	4
no	0

Tradable assets (ETFs, stocks, funds, bonds, derivatives, crypto)	Points
1 point per tradable asset type	max. 6

Saving opportunities (max. 45 points)

Fee per 100 € savings instalment (standard conditions)	Points
0 €	10
0 € - 1 €	8.5
1 € - 2 €	7
2 € - 3 €	5
3 € - 5 €	2.5
> 5 €	0

ETF savings plans	Points
min. 2,500	7.5
1,750 - 2,500	6.5
1,000 - 1,750	5.5
500 - 1,000	4.5
250 - 500	3
1 - 250	1.5
0	0

Free of charge ETF savings plans	Points
min. 2,500	7.5
1,750 - 2,500	6.5
1,000 - 1,750	5.5
500 - 1,000	4.5
250 - 500	3
1 - 250	1.5
0	0

Automated increase of savings rate can be selected	Points
yes	2
no	0

Automatic reinvestment of dividends	Points
yes	2
no	0

Direct debit from third-party accounts possible	Points
yes	2
no	0

Number of possible savings plan intervals	Points
min. 4	1.5
3	1
2	0.5
1	0

Number of possible execution days	Points
min. 4	1.5
3	1
2	0.5
1	0

Minimum savings amount	Points
1 € - 10 €	1.5
11 € - 25 €	1
26 € - 50 €	0.5
> 50 €	0

Maximum savings amount	Points
min. 5,000 €	1.5
2,500 € - 5,000 €	1
1,000 € - 2,500 €	0.5
< 1,000 €	0

Interest offer (existing clients)	Points
min. 1.75 %	8
1.25 % - 1.74 %	6
0.75 % - 1.24 %	4
0.50 % - 0.74 %	2
< 0.50 %	0

Service & extras (max. 20 points)

Current account as part of the offer	Points
yes	4
no	0

Own banking licence	Points
yes	8
no	0

Types of customer support (phone, mail, chat)	Points
3	4
2	3
1	2
0	0

Sub-accounts possible	Points
yes	4
no	0

4.9

Outstanding

recommended by justETF

Order fee: 0.99 €

Account fee: 0.00 €

ETFs without purchase fee: 1,571

Savings plan fee: 0.00 €

New: 2.5 % interest p.a. with a Scalable Overnight account
All savings plans free of charge
All ETFs from Amundi, iShares, Vanguard & Xtrackers can be purchased free of charge

Fee for 500 € order

0.99 €

View offer**

4.8

Outstanding

tested by justETF

Order fee: 0.00 €

Account fee: 0.00 €

ETFs without purchase fee: 2,611

Savings plan fee: 0.00 €

Huge selection of savings plans with no order fees
No order fees even for normal trades
Portfolio transfer from other brokers not offered yet

Fee for 500 € order

0.00 €

View offer*

4.5

Outstanding

tested by justETF

Order fee: 0.00 €

Account fee: 0.00 €

ETFs without purchase fee: 3,081

Savings plan fee: 0.00 €

Free of charge savings plans for ETFs from Amundi, iShares, Vanguard and Xtrackers

Fee for 500 € order

0.00 €

View offer*

4.5

Outstanding

recommended by justETF

Order fee: 1.00 €

Account fee: 0.00 €

Savings plan fee: 0.00 €

New: Improved customer support (24/7 phone support)
Debit card with cashback and round-up option
Fractional share trading even possible outside of savings plans

Fee for 500 € order

1.00 €

View offer*

4.4

Very good

tested by justETF

Order fee: 0.00 €

Account fee: 0.00 €

ETFs without purchase fee: 3,081

Savings plan fee: 0.00 €

0 € fee for one-off orders from 500 € order volume when trading via gettex

Fee for 500 € order

0.00 €

View offer*

3.9

Good

tested by justETF

Order fee: 0.00 €

Account fee: 0.00 €

ETFs without purchase fee: 2,505

Savings plan fee: 0.00 €

Both Cryptocurrencies and crypto ETNs can be purchased one-off or savings plan
For stocks, fractional share trading is possible outside of savings plans

Fee for 500 € order

0.00 €

View offer*

3.4

Good

tested by justETF

Order fee: 0.00 €

Account fee: 0.00 €

ETFs without purchase fee: 1,686

Savings plan fee: 0.00 €

Wide range of banking services
4 different account types available

Fee for 500 € order

0.00 €

Only directly at the broker

2.3

Satisfactory

tested by justETF

Order fee: 1.00 €

Account fee: 0.00 €

Savings plan fee: 0.00 €

Possibility to trade cryptocurrencies (at a minimum spread of 0.30 %) and selected crypto ETNs
No stock savings plans available

Fee for 500 € order

1.00 €

View offer*

— The data was last updated on 12 May 2026
— The sorting by test result is done in the following order: 1. test result (points) 2. order fee 3. number of ETFs without purchase fee.
— In addition to the fees charged by online brokers, additional costs may apply. The stated fees are thus exclusive of standard market spreads, commissions, product costs and third-party fees.
— Please note: No guarantee can be given for the completeness, correctness and accuracy of the content listed. The information on the online brokers' homepages is decisive. Investments in securities involve risks.

* You want to open a securities account? If you use one of the affiliate links marked with an asterisk or the broker logos as a starting point, we will receive a commission. This is how we finance much of our free information offering. If you like our work, we appreciate your support!
** Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable GmbH. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. You can view these in our . Ultimately, it’s up to you to decide how and with whom you want to invest.

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Neobroker comparison 05/2026