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Flatex experiences and test 2023
When looking for a broker, you will notice relatively quickly that there is a very wide variety available on the Internet. While it was not so easy to get access to the stock market before the Internet age, today you don’t even know which provider to register with.
flatex’s experience shows that there are always new customer offers
There are one or two flatex experience reports that deal with the fact that the broker advertises with new customer offers that are extremely lucrative. However, it should be noted, as the flatex test has also shown, that these offers are often limited in time and therefore you have to be quick. This was the offer in the context of the flatex test, after opening the custody account you do not have to pay an order fee for the first six months – that is, theflatex feefor shares is therefore 0 euros for half a year. Here you can save money on the flatex costs.
There are also flatex experiences that deal with the fact that the recruitment of new customers is also rewarded.
The flatex test of the user-friendliness of the website
First of all, it should be mentioned that the website has only a limited influence on the flatex rating. This is because only objective points are used for the flatex evaluation – but the homepage itself may have to be assessed individually, as one or the other flatex experience proves. This means that first and foremost the only question to be clarified is whether it was possible to find out in the course of the flatex test whether the page is clear. The color scheme, on the other hand, may not play a role.
The homepage – according to the result of the flatex test – may be clear. For example, there is a clear menu structure that divides the page into “Promotions”, “Prices”, “Stock Market Knowledge”, “Service” and “Products and Trading”.
The flatex experiences are all positive. Even in the course of the flatex test, you didn’t have the feeling that you would have difficulties on the homepage if you were looking for certain financial products or information. It can also be assumed that beginners will not have any problems with the service.
The flatex test shows what to look out for when registering as a broker
flatex offers an individual and a joint custody account. This means that the flatex experience also proves that the broker provides the opportunity to invest money together with his partner. If you are planning to open an account, you will need to provide some personal information at the beginning. However, the flatex test shows that there are no challenges to overcome here – the entire registration process consists of eleven steps and is completed within a few minutes.
At the beginning you have to give some personal data. So enter the first and last name, the address, the date of birth as well as information on nationality to the profession as well as list tax information and some other information. Finally, a few documents have to be uploaded with which the information can be confirmed.
It is important that you follow the steps specified by flatex. The registration, as proven by the flatex test and the flatex experiences from the Internet, is self-explanatory and will not pose any challenges even for beginners.
What do the flatex testimonials on the trading platforms look like?
You can find a few flatex experiences with the trading platforms. Probably also because the flatex test shows that there are some platforms here. This is how you can use flatex with
- flatex next
- WebFiliale Classic
- flatex Trader 2.0 and
work. flatex next may be the latest variant that combines smart, innovative functions with many financial and investment products – as the flatex test revealed. This allows you to invest flexibly in securities as well as in ETFs and numerous other financial instruments at any time. So far, flatex trader 2.0 has been used for this purpose. By the way, the platform is still available and can also be used to invest in stocks.
The flatex experience shows that you should clarify in advance which strategy you are pursuing. After that, it is easily possible to choose the ideal trading platform for you.
Of course, the variety may be positive for the flatex rating. Above all, because the flatex experiences are all benevolent – that is, there is a clear plus point in the area of the flatex rating.
The flatex payment methods perform well in the test
The flatex test shows that payments are made via the reference account, as is the case with mostflatex alternatives. In the course of registration, a reference account must be specified here so that deposits can then be made for later securities trading. Profits that are subsequently made are then of course transferred to the deposited reference account.
The fact that flatex is reputable may sometimes already be proven in the area of transparency in payment processing. As a trader, you can only use one assigned reference account per account or custody account, as this is a preventive approach against money laundering. Furthermore, as evidenced by one or the other flatex experience, there are also specifications for the account currencies. The flatex test also showed that you have to manage the reference account in euros or CHF so that you can subsequently use the custody account.
The flatex experience with customer service
The flatex rating may also be positive when it comes to customer service. This is because the flatex test also looks at the communication channels that can be used if you have a question or difficulties have arisen.
The flatex test shows that employees are available by telephone from Monday to Friday, from 8 a.m. to 22 p.m. However, only for registered traders. All those who are interested in flatex and are not yet registered can contact us by phone from 8 a.m. to 20 p.m. In addition to the phone, you can also get in touch by e-mail or live chat and describe your concerns.
The flatex experiences with customer service are all positive – this of course has an impact on the flatex rating. This is also the case in the FAQ section. In the course of the flatex test, the FAQ area was also examined more closely. Here is an extensive list of various questions and answers – this also ensures a positive plus point in the final flatex rating. Because the broker has put a lot of effort into it so that questions and concerns can be treated and answered immediately.
It may come as no surprise that flatex is reputable
Of course, the flatex test deals with the question of whether flatex is reputable – although it should be noted that this question does not actually need to be asked. flatex is regulated and provides deposit insurance in the amount of 100,000 euros/customer. Regulation is carried out by the German Federal Financial Supervisory Authority (BaFin).
There are no flatex testimonials that deal with the fact that you have to be afraid of fraud here. The flatex experiences are all going in a very positive direction. So there is no doubt that flatex is reputable.
Trade safely with the flatex demo account
The flatex test has shown that some additional offers are provided here. For example, there are a few training videos such as tips and tricks – if you follow the flatex experience, then these offers will also be accepted.
The flatex demo account is also convincing. If you are unsure, you should get to know the market in advance with the flatex demo account. With the flatex demo account, it is also possible to move safely on the site – and you can also put your own strategies to the test. The flatex demo account includes 50,000 euros of virtual credit. So here you also have an attractive sum to be able to try out different strategies for a long time and extensively.
The fact that there is a flatex demo account may be seen as a positive point for the flatex rating. In this way, beginners are clearly taught that they should safely try out the services that are provided here.
The flatex test shows that listed securities can be traded from as little as 2 euros. In addition, the depot is available free of charge – so the flatex costs are 100 percent convincing.
The trade offer
In addition to securities, flatex also offers ETFs as well as funds and warrants, certificates and bonds. Here, too, the selection is enormous, so that all those who would like to invest in stocks will also be thrilled. This is not only proven by the flatex test – the flatex experience is also about the fact that an enormously broad and diverse range of products is made available here.
The cost of trading
It is also the flatex costs such as flatex fees that clearly prove that it is a recommendable provider. It is important to note that the fees can be variable – depending on the stock exchange. At XETRA, the flatex fees start at 8.27 euros, at Stuttgart-EUWAX from 6.95 euros and at the Munich Stock Exchange, the flatex fees start at 8.59 euros. If you opt for the Hanover Stock Exchange or the Hamburg Stock Exchange, the flatex costs start at 8.76 euros.
Stock exchanges and trading venues
The selection of stock exchanges and trading venues is also convincing. Electronic exchanges (Stuttgart-EUWAX as well as XETRA and Frankfurt Zertifikate AG), the Tradegate Exchange, gettex and the floor exchanges (Berlin, Düsseldorf, Munich, Frankfurt, Stuttgart, Hanover and Hamburg) are available. Looking at the trading hours, you will notice that there are different times: You can trade on the floor exchanges as well as on gettex and the Tradegate Exchange from Monday to Friday from 8 a.m. to 22 p.m. and on the electronic stock exchange from Monday to Friday from 8 a.m. to 20 p.m.
The conclusion on flatex shares
The flatex test proves that not only the flatex fees such as flatex costs are convincing, but also the flatex testimonials that can be found on the Internet speak for themselves. This also results in a clearly positive flatex rating in this area.
All those who are security-oriented will be thrilled because flatex also offers exchange-traded funds – i.e. ETFs.
The trade offer
Above all, the flatex test shows that there is an incredible variety here – more than 4,500 ETFs and funds are offered. Above all, flatex also scores points with the fact that savings plans are made available. These are available free of charge and then help to build up assets with reduced risk.
The cost of trading
The flatex experience is about the fact that there are also premium ETFs. Here, the flatex fee is 0 euros. The one-time investment amounts to 5.90 euros/version. Classic premium ETFs include iShares Dow Jones U.S. Select Dividend UCITS ETF or Xtrackers MSCI World Swap UCITS ETF 1C.
It should be noted that flatex prescribes a minimum deposit of 1,000 euros. This may come as a bit of a surprise, especially to retail investors. However, there are also savings plans. This means that flatex also appeals to more security-oriented investors or people who want to build up assets in the long term with small amounts at the beginning.
Stock exchanges and trading venues
Tradegate, Baader Bank, Lang & Schwarz, gettex, Quotrix and Lang & Schwarz Exchange are offered. In other words, the diversity clearly suggests that a positive flatex rating can also be given in this area. The flatex experiences are also all of a positive nature here. This means that traders and investors are also satisfied with the offer provided here by flatex.
The conclusion on flatex ETF
With over 300 possibilities, the range of ETFs can certainly be shown. The flatex test proves that the broker is convincing on a whole level – the flatex experience also shows that users are not dissatisfied, but enthusiastic about the offer. Above all, because it is possible to open a savings plan. This helps with risk-reduced asset accumulation planning.
Conclusion after the flatex test 2023
If you look at the many flatex testimonials that can be easily found on the Internet, it quickly becomes clear that the broker is 100 percent convincing. On the one hand, the offer, which probably leaves nothing to be desired, on the other hand, the flatex fees are also very attractive – here you don’t have to be afraid that the flatex costs will eat up the profits.
The fact that flatex is reputable may also come as no surprise. The provider is regulated; there is also no flatex experience that deals with the fact that it could be a dubious broker. In addition, the provider scores with the so-called flatex demo account in order to be able to try out the service safely and put the favored strategies to the test.
In the end, the flatex rating may be positive. Because there are actually no points that speak against the broker.