1822Direkt review 2023

1822direkt review 2023

When opening an account or custody account, it may be advisable to first deal with one or the other bank or broker test to determine which provider provides the best offer.

So you should also read the 1822direkt experiences and one or the other 1822direkt experience report if you plan to look closer at this provider.

1822direkt experience shows that there are always new customer offers

If you are planning to accept the offer of 1822direkt, you should visit the homepage regularly. According to one or the other 1822direkt experience report, there may always be new customer offers. If you plan to change providers in the direction of 1822direkt because of the lower 1822direkt costs or due to a wider variety of offers, you have to check in advance whether there is a bonus offer.

The 1822direkt experience shows that this is a modern and clear homepage. Furthermore, 1822direkt scores because you can build up the trust typical of the savings bank here. In addition, there is also a separate search function on the homepage, whereby the 1822direkt test showed that the search results were only moderately satisfactory. However, this may only play a limited role in the 1822 Direkt valuation. Some points have more weight – such as the 1822direkt costs or whether 1822direkt is serious.

The 1822direkt test shows that the homepage is clear and will not pose any challenges, especially for beginners. Of course, optics may be a point to be evaluated individually, so only usability is used in the 1822 direction evaluation. After all, whether a page is cluttered and difficult to use can be judged objectively.

If you follow one or the other 1822direkt experience reports, there seem to be no difficulties with using the homepage. Sometimes, the search results may not always correspond 100 per cent to the customers’ wishes, but this is only a small point that can be noted critically or negatively.

Otherwise, 1822direkt convinces you with a good homepage—a clear plus point for the 1822direkt rating.

The 1822direkt experience shows various offers, such as models that 1822direkt provides. Different offers can be used because it is a bank that also acts as a broker.

If you choose 1822direkt to open a current account, there are three variants:

• Premium
• Classical music
• Mobile

The premium version’s account management fee of 9.90 euros/month is due; the mobile and classic versions are free.

However, the exemption from fees for the mobile account depends on the monthly receipt of money, which is at least one cent. That is, one should not have difficulties using the account for free. The 1822direkt testimonials prove that input of 0.01 cents is sufficient to have no 1822direkt costs if you opt for the mobile account. A minimum deposit is also required for the classic account: 700 euros. If the minimum amount is not reached for the mobile account, then an account management fee of 1.90 euros, and for the classic account, 3.90 euros per month must be paid.

All customers who use the 1822direkt service can look forward to a Sparkassen Card. This is the Maestro debit card that can carry out cashless transactions. The card can be used in the European Economic Area and outside the monetary union; if the card is used for foreign currency transactions, the fee is 1.75 per cent of the turnover, with a minimum fee of 1.50 euros.

Free cash withdrawals are possible with the Maestro card four times a month, provided you use the mobile tariff. On the other hand, if you use the classic account, you can withdraw cash six times a month free of charge. You can withdraw from the savings bank as well as from the state banks. If you exceed the free offer, 2 euros is due per withdrawal. There is a transaction fee of 1 per cent for other places, but a minimum fee of 6 euros. The 1822direkt test proves that this is quite a high fee.

At the customer’s request, a Visa credit card is available. The card costs 29.99 euros/year. However, it is not available with the mobile account—in the premium package, it is even available in gold. If you use the credit card abroad or outside the monetary union, a foreign fee of 1.75 per cent of the payment amount will be charged. Cash withdrawals in Germany incur a minimum fee of 5.11 euros.

The trading platform in the 1822direkt test

The 1822 Direkt review also examines the trading software offered here. The trading platform influences the final 1822 Direkt rating.

No special software is offered here. The customer was provided with web trading solutions by 1822: “Online Banking” and “Mobile Banking. The web portal is free, and no further fees are charged here.

The offered model is sufficient if you follow one or the other 1822direkt experience reports. It looks like it doesn’t need another alternative at all.

The classic SEPA bank transfer is offered. Using the current account, you can transfer money from another account by bank transfer. Using the stock portfolio, you can capitalize the clearing account with the SEPA bank transfer via 1822direkt.

The 1822direkt test also deals with customer service to give a fair 1822direkt rating. You must know you can contact helpful employees because difficulties can arise repeatedly that you want to solve as quickly as possible.

The 1822 Direkt test has shown that the bank offers a callback service and a live chat. Of course, you can also contact us directly by email or by phone. In addition to the question of which channels are available for contact, there is also the question of accessibility. A live chat may be an advantage, but if it is always unoccupied, this is more of a disadvantage and thus a negative point, which is included in the 1822 Direkt rating.

However, the customer service is convincing. This is also shown by the 1822 Direkt experiences found on the Internet—a clear plus point for the 1822 Direkt rating. If you have a question or concern, you can look forward to being advised by competent employees.

Is the provider 1822direkt reputable? To answer this question, we need to examine regulation and deposit insurance.

The 1822direkt test shows that customer deposits are neatly separated from bank assets. This is certainly to be seen as positive. In addition, 1822 is regulated directly by the Federal Financial Supervisory Authority (BaFin). 1822direkt is classified as a “deposit credit institution” and is, therefore, closely supervised. This means that 1822direkt is reputable, as the financial supervisory or regulatory authority is in the background, which then checks that all rules are complied with to give investors or customers the necessary security so they do not have to be afraid of fraudulent machinations.

Furthermore, no corresponding 1822direkt experience reports deal with whether 1822direkt is dubious or that sometimes even fraudulent machinations would be prosecuted here. For the 1822direkt rating, checking whether 1822direkt is reputable may be extremely important – and there are no indications that the provider could be dubious. There are also no corresponding 1822 direct testimonials on the Internet. The 1822direkt experiences that can be found all deal with the fact that the provider 1822direkt is reputable and there is no evidence of fraud.

If you look at the additional offers during the 1822 Direkt test, you will quickly notice that this is the biggest weakness of the provider. There are no 1822direkt demo account training videos or webinars available. Only a FAQ section is offered.

Above all, the fact that you do not have an 1822direkt demo account may be a negative point that may be important for the 1822direkt rating.

This means that at this point, you have to answer how serious the fact that there is no 1822direkt demo account weighs. There are also no indications or information that a demo account will be planned in the foreseeable future to try out strategies or certain features of the provider safely.

1822direkt offers the opportunity to trade shares. No matter what type of securities trading you choose, i.e. whether you invest in shares, ETFs or even funds – custody account management is and remains free of charge. But only if at least one order is placed per quarter. If this is not the case, a custody account management of 3.90 euros/month will be charged.

The trade offer

Not only industry giants but also smaller stock corporations are available. The offer is so diverse that no compromise may be made, but you will probably find your favourite stock corporation. So, if you are planning to invest in shares, you will certainly be satisfied here, as there is an extremely wide variety of public companies in which you can invest.

The custody fee is 3.90 euros if you do not place an order in the quarter. Otherwise, there are no fees for custody account management. It should be noted that the standard commission per trade in Germany is 4.95 euros – plus 0.25 per cent of the order volume. Abroad, the standard commission is 49.95 euros – here, a fee of 0.25 per cent of the order volume is added. The 1822direkt costs are by no means to be underestimated when it comes to stock trading. There are cheaper providers here.

You can trade on all German stock exchanges – including Tradegate and Lang & Schwarz. In addition, the 1822direkt test showed that 13 direct trading partners are also available.

The 1822direkt experience shows that stock trading is highly recommended. However, the commission for trades made abroad is relatively high; that is, during the 1822direkt evaluation, one should also consider which one’s own strategy is being pursued. The 1822direkt costs incurred here are exceedingly high.

The 1822direkt test also showed that you can set up a savings plan on ETFs. Here, the minimum investment amount is 50 euros/month. The fund savings plans can be executed in the following rhythms: per month, every two months or quarterly.

The trade offer

Several ETFs are available that are eligible for a savings plan. As evidenced by one or the other 1822direkt testimonials, it is advisable to take your time and then clarify for yourself in which market you want to invest.

The flat fee is 2.95 euros/version. If you compare the 1822direkt fees with the fee models of other providers, you are also in the cheap midfield here – that is, the 1822direkt costs, if you are interested in an ETF, are also manageable.

All those who describe themselves as security-oriented will probably turn their gaze towards ETFs. Because here, especially with a long-term investment horizon, you can achieve attractive profits without taking a high risk.

In connection with securities, these are often associated with funds. However, one usually overlooks an alternative here, which may well be interesting: certificate savings plans. At 1822direkt, there is the possibility that you can also save certificates. An interesting variant that can be recommended especially to the security-oriented investor.

The minimum amount is 25 euros/month.

The trade offer

Different certificates are offered, so getting an overview in advance is advisable. However, due to the variety provided, there is no need to compromise here, but you will probably find the favoured certificates.

The execution fee starts at 1.50 euros per savings plan execution. There are no front-end charges. Therefore, the 1822 direct costs are manageable and can be described as relatively cheap here. That is, the 1822direkt fees may convince.

This is an interesting option to consider if you plan to create a savings plan.

Pros of 1822direkt:

• New Customer Offers: Regularly provides enticing deals for new clients, potentially including bonuses for account openings.
• User-Friendly Platform: The platform is modern and easy to navigate, particularly favourable for beginners, enhancing the overall customer experience.
• Diverse Financial Products: Offers a broad spectrum of products, including current accounts, trading accounts, and various savings plans.
• Comprehensive Trading Options: This option supports various trading activities with stocks, ETFs, and other securities across different account models to accommodate multiple trader needs.
• Multiple Account Variants: Features account types like Premium, Classical, and Mobile, catering to different user preferences and requirements.
• Regulated and Secure: Operates under the strict oversight of the Federal Financial Supervisory Authority (BaFin), ensuring a high level of security for customer deposits.
• Accessible Customer Support: Provides efficient customer service through various channels, including callback service, live chat, email, and phone of 1822direkt:

• Limited Search Functionality: The platform’s search function may yield only moderately satisfactory results, potentially hindering the ease of finding specific information.
• Fee Structure: Depending on the account type and trading activity, fees can be relatively high, which might affect the overall cost-efficiency for some users.
• No Demo Account: Lacks a demo account option, limiting opportunities for potential customers to trial the platform or practice trading strategies risk-free.
• Trading Commission Costs: Commission fees are relatively high for international trades, which could be a significant consideration for traders focusing on foreign markets.
• Limited Free Withdrawals: The number of free cash withdrawals per month is restricted, which may incur additional costs for frequent users.
• Foreign Transaction Fees: Utilizing the Maestro card abroad or for foreign currency transactions incurs fees, adding to the cost of international usage.

The 1822direkt test has shown that the provider can be recommended if sometimes one’s ideas can be reconciled with the offer. Of course, for the final 1822direkt valuation, it may be seen as a disadvantage that the fees are relatively high. However, the question of the fee burden also often depends on one’s strategy – to evaluate one’s plan in advance and then pay attention to the 1822 directive fees.

1822direkt is reputable and highly recommended if one or the other weak point can be overlooked; for example, there is no 1822direkt demo account. You can feel in good hands here if that doesn’t bother you.

FAQs about 1822direkt

1. What is 1822direkt? 1822direkt is a banking and brokerage service provider that combines modern online banking solutions with traditional savings bank trusts. It offers a range of financial products, including current accounts, trading accounts, and various savings plan options.

2. Are there any special offers for new 1822direkt customers? Yes, 1822direkt frequently offers special deals for new customers, such as bonus offers for opening accounts. It’s advisable to check their website regularly to see these promotions regularly.

3. How user-friendly is the 1822direkt platform? The 1822direkt platform is designed to be clear and user-friendly, making it accessible for beginners. While its search function may deliver moderate results, its overall usability is highly rated.

4. Can I trade stocks with 1822direkt? Yes, 1822direkt offers a comprehensive depot for trading, including a wide variety of stocks, ETFs, and other securities. They provide different account models to suit various trading needs.

5. What are the fees associated with 1822direkt accounts? Fees vary depending on the account type. For example, the premium current account has a management fee of 9.90 euros/month, while the mobile and classic versions have conditions for fee exemption. Trading fees also apply, with specific charges for domestic and international trades.

6. Is 1822direkt safe and legal? Yes, it is regulated by the Federal Financial Supervisory Authority (BaFin) and adheres to strict regulations. This ensures that customer deposits are securely separated from the bank’s assets, making it a legal and safe choice for banking and trading.

7. Does 1822direkt offer a demo account? As of the last review, 1822direkt does not provide a demo account for users to try out their platform or trading strategies without financial commitment.

8. What kind of customer support does 1822direkt offer? 1822direkt provides comprehensive customer support through a callback service, live chat, email, and phone. Customer service is noted for being helpful and efficient.

9. Does 1822direkt provide trading platforms or software? 1822direkt offers a free web trading solution through its Online and Mobile Banking services without requiring special software.

10. What types of accounts can I open with 1822direkt? You can open various accounts with 1822direkt, including premium, classical, and mobile current accounts and trading accounts for securities, ETFs, and certificate savings plans.