flatexDEGIRO Bank AG products, services and reviews

About flatexDEGIRO Bank AG

flatexDEGIRO Bank AG is a German credit institution with a full banking license and a wholly owned subsidiary of flatexDEGIRO AG. It serves as the account-holding and custodian bank for the flatex and DEGIRO brokerage brands across multiple European markets via EU passporting, providing cash accounts, securities custody, order routing, and settlement for retail investors trading equities, ETFs, funds, bonds, and listed derivatives on European and U.S. venues, with margin lending available to eligible clients subject to risk controls. The bank is supervised by the German Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank; cross-border operations are subject to applicable host-country conduct oversight. Client cash held at the bank is covered by Germany’s statutory deposit guarantee up to EUR 100,000 per depositor; securities are held in segregated custody and, under German law, are not part of the bank’s insolvency estate. Pricing, product availability, and platform features vary by brand and country; fees are defined in each brand’s schedule and typically include commissions, exchange and third-party charges, and financing costs where applicable. The group’s revenue mix is sensitive to trading activity and net interest income on client cash balances, so market volatility and interest-rate levels affect results. In recent years, German supervisors have issued orders requiring enhancements to the bank’s business organization and outsourcing management, with remediation reported as ongoing. The bank itself is not publicly listed; its parent, flatexDEGIRO AG, is listed in Frankfurt. Prospective clients should review the relevant brand’s terms, custody model, order-execution policy, tax handling, and investor protection disclosures for their country before opening an account.