Traders Place Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- EUR 5,000
- Mobile Apps
- Web
- No
- Wide selection of markets, interest-bearing account, savings plans, more than 40,000 stocks
Our Evaluation of Traders Place
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Place is a broker with higher-than-average risk and the TU Overall Score of 4.01 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Traders Place clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested Traders Place
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Traders Place
Traders Place is a German neo-broker that provides access to trading stocks, ETFs, derivatives, and investment fund units. The company is registered in Munich and regulated by the Federal Financial Supervisory Authority (BaFin, Bundesanstalt für Finanzdienstleistungsaufsicht) under registration number 161662. The broker serves retail and institutional clients and offers access to more than 40 German and international exchanges. It also supports over-the-counter (OTC) trading through partners including BNP Paribas, Morgan Stanley, Société Générale, and UniCredit. Traders Place combines trading, investing, and banking services within a single platform. Its services are available to residents of Germany, Austria, France, the Netherlands, Luxembourg, and Switzerland.
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- BaFin-regulated investment institution in Germany.
- Access to 40+ exchanges in Germany and worldwide.
- Trading stocks, ETFs, bonds, derivatives, cryptocurrencies, and investment funds.
- No minimum deposit requirement.
- Free account opening and maintenance.
- Integrated banking and brokerage services within a single account.
- Account registration available only in six countries.
- No margin trading and no leverage.
- No 24/7 support and no investor education.
TU Expert Verdict
Chief Analytics Officer
Traders Place is a German neo-broker offering trading in stocks, ETFs, bonds, derivatives, cryptocurrencies, and investment funds via proprietary web and mobile platforms. Regulated by BaFin in Germany as an investment institution, the broker provides access to more than 40,000 stocks across over 40 domestic and international exchanges, including major German and U.S. venues. Integrated banking and investing features allow clients to handle payments and investments in EUR with accounts for settlement, investment, and interest accrual. There is no minimum deposit for most account types, and trading fees are competitive, with commission-free trading for larger orders on selected venues.
Drawbacks include the absence of margin trading or leverage, restricted account availability to residents of only six European countries, and no investor education or 24/7 customer support. Traders Place may be suitable for long-term investors in supported countries who value integrated banking and investment management, but it is less suitable for traders seeking leveraged products, round-the-clock support, or educational resources.
Traders Place Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | Web interface, mobile apps (iOS, Android) |
|---|---|
| 📊 Accounts: | Depot, Verrechnungskonto, Zinskonto, Kinderdepot |
| 💰 Account currency: | EUR |
| 💵 Deposit / Withdrawal: | Bank transfer |
| 🚀 Minimum deposit: | None for investment and settlement accounts; from EUR 5,000 for Zinskonto to accrue interest |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | 1 share / 1 fund unit / 1 contract for derivatives |
| 💱 EUR/USD spread: | N/A |
| 🔧 Instruments: | Stocks, ETFs, funds, bonds, derivatives, cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market, Limit, Request for Quote (RFQ), Trailing Stop, Stop Buy, Stop Loss, Stop Limit, One Cancels the Other |
| ⭐ Trading features: | Wide selection of markets, interest-bearing account, savings plans, more than 40,000 stocks |
| 🎁 Contests and bonuses: | Yes |
Traders Place provides access to trading stocks, ETFs, bonds, investment funds, derivatives, and cryptocurrencies. Orders can be executed on exchanges such as Xetra, gettex, and the New York Stock Exchange (NYSE) or over the counter (OTC) through premium partners. Overall, the broker offers access to exchanges in about 20 countries, including all major exchanges in Germany. Trading is conducted through a web interface or mobile app without the use of external platforms. All trades are executed on a spot basis, with no leverage available.
Traders Place Key Parameters Evaluation
Trading Account Opening
Registration with Traders Place is completed online and includes standard identity verification procedures. Only residents of supported countries can open an account.
Steps to register:
Click the button to open an account at the top of the Traders Place website.
Enter your phone number and confirm it using the verification code sent by the broker.
Complete the account opening form with personal information.
Upload documents for verification, including proof of identity and proof of permanent address.
Features of Traders Place user account allow traders to:
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View and manage the investment portfolio;
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Deposit funds and withdraw funds;
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Configure notifications and filter assets;
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Download reports and tax documents;
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Track transaction history and cash movements.
Is Traders Place Safe?
Traders Place GmbH is registered in Germany and regulated by BaFin, the country’s federal financial supervisory authority. The company is listed in the register as a Wertpapier Institut, meaning an investment institution authorized to provide brokerage services under the WpIG (Wertpapierinstitutsgesetz). The registration number in the BaFin database is 161662.
Traders Place’s payment infrastructure is implemented in cooperation with Raiffeisenbank Strass-Spielfeld eGen (Austria), which participates in Einlagensicherung AUSTRIA GmbH, Austria’s deposit guarantee system. Client funds in the bank account are insured up to EUR 100,000. In addition, it implements standard security measures, including segregation of client and proprietary funds, two-factor authentication, and data protection in line with DSGVO (Datenschutz-Grundverordnung), the EU General Data Protection Regulation.
Advantages
- Protection of client funds in settlement accounts.
- Compliance with regulatory requirements and the laws of Germany and the European Union.
- Use of European standards for data storage and transmission.
Disadvantages
- Insurance does not cover investment losses or market risks.
- No public information on internal audit mechanisms.
- Banking protection is implemented through a third-party organization, not directly by Traders Place.
Commissions and Fees
Traders Place does not charge a commission for trades of EUR 500 or more executed on the gettex exchange or for OTC trades with premium partners such as BNP Paribas, Société Générale, Vontobel, Morgan Stanley, and UniCredit. For smaller trade volumes, a fee applies, ranging from EUR 0.95 to EUR 3 depending on the asset and the trade direction. Deposits and withdrawals are processed free of charge. There are no account maintenance or inactivity fees.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Depot | EUR 0 | Fees charged by banks |
In addition to the brokerage fee, the trader pays standard market spreads and the fees of the exchange where the specific trade is executed.
Account Types
Traders Place provides two linked accounts for each client: an investment account and a settlement account. Both are opened automatically during registration and used for trading and payment operations. Deposits, withdrawals, and asset purchases are processed within a single platform. Additional accounts are also available for children and for interest accrual.
Settlement accounts are serviced by the partner bank Baader Bank.
All account types are opened free of charge and have no account maintenance fees. Internal transfers between accounts are available with no limits and no fees.
Deposit and Withdrawal
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Deposits are made via SEPA transfer to a personal IBAN at Baader Bank.
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No minimum deposit amount is set.
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Withdrawals are only available to the client’s verified bank account.
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No fees are charged by the broker for deposits or withdrawals.
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Additional bank fees may apply, depending on the payment provider.
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Deposits and withdrawals are available through the web platform and the mobile app.
Investment Options
Traders Place offers solutions for passive capital building designed around accessibility, automation, and low costs. All instruments are available through a single account and are managed digitally via the web platform or mobile app.
Traders Place solutions for saving and investing with minimal involvement
Clients can allocate capital without active trading by using bond yields, accumulation funds, and an interest-bearing account. Another option is transferring an existing portfolio from another broker while maintaining the original terms and tax transparency.
The following investment solutions are available:
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Zinskonto. An interest-bearing account for uncommitted funds. For deposits from EUR 5,000, the rate is 1.75% per year (as of December 2025). Interest accrues automatically with no holding period limits.
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Bonds. Direct access to debt instruments issued by companies and governments. Investors can select securities by maturity and yield, and trades are executed through the standard Depot account.
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Investment funds. Participation in professionally managed portfolios. The catalog includes more than 14,000 funds, which can be selected on the platform based on risk level, sector, and geographic focus.
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Savings plans (Sparpläne). Regular investments starting from EUR 1 in ETFs, stocks, funds, and cryptocurrencies. More than 4,700 plans are available, including over 2,000 ETFs, 2,500 stocks, 123 funds, and 13 crypto assets. No commission is charged for execution, and the contribution schedule can be configured monthly, quarterly, semiannually, or annually.
All investment solutions are available online, do not require an in-person bank visit, and are not subject to custody fees. Returns and product availability depend on the selected instrument and market conditions.
Traders Place partnership program
The core marketing focus is direct user registration on the official website or in the apps. There is no option for individuals or organizations to earn money by referring the service.
Customer Support
Traders Place support operates Monday through Friday from 9:00 a.m. to 4:30 p.m. (CET). The primary focus is on digital channels and fast request processing.
Advantages
- Multiple digital communication channels.
- Support is built into the mobile app and web interface.
- Ability to request a callback without registering with the broker.
Disadvantages
- No 24/7 support.
- No direct phone number for immediate contact.
- Support is unavailable on Saturday and Sunday, and after 4:30 p.m. on weekdays.
Available communication channels
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website and mobile app chat;
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callback request form;
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email;
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email feedback form;
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Facebook, Instagram, TikTok, and LinkedIn.
All communication methods are available through the web platform and mobile app.
Contacts
| Registration address | Rosental 7, 80331 Munich, Germany |
|---|---|
| Regulation |
BaFin
Licence number: 161662 |
| Official site | https://tradersplace.de/ |
| Contacts |
Education
Traders Place’s website does not have a dedicated education section and does not provide structured content for learning the basics of investing. Educational materials as a component of client support are not offered. Available information is limited to basic explanations of products and platform functionality.
In the current version of the Traders Place website, education is not available as a feature, so users should rely on external sources to gain basic investment knowledge.
Detailed review
The Traders Place brokerage model combines investment and payment functions. Clients receive a single account for trading, fund transfers, and debit card use. All operations are available through the proprietary Traders Place app for iOS and Android, as well as through the web platform on the website. Banking services, including IBAN, SEPA transfers, and a Visa card, are provided in partnership with Raiffeisen Bank, which holds a BaFin license.
Traders Place by the numbers:
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40+ exchanges available;
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Trade commissions from EUR 0;
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More than 40,000 stocks;
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More than 2,000 ETFs;
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More than 14,000 funds;
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About 4,700 savings plans available.
Traders Place is a financial ecosystem based on a single client profile
Traders Place combines investment, settlement, and interest-bearing functions within a single client interface. All operations, from buying assets to interest accrual and transfers, are handled through a single account, which removes the need to open separate banking products. Each user receives an individual IBAN, access to an investment and settlement account, and optional access to Zinskonto for holding unused funds.
With this structure, the platform supports automatic allocation of capital by purpose: free funds can be moved to the interest-bearing account, and assets can be used for trading or regular savings plans. All actions are displayed in real time in the mobile apps and web interface. This allows users to control both an investment strategy and daily cash flows in one place.
Useful Traders Place services:
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Watchlist, which allows you to save and track assets of interest in real time.
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Detailed reporting, with reports on transactions, taxes, and the portfolio available in the user account.
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Visa debit card integration, the ability to pay and transfer funds directly from the settlement account.
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Filters and asset selection, with search tools in the catalog by instrument type, region, sector, and more.
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Savings automation, connecting savings plans (Sparpläne) with a fixed frequency.
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Transfer of an existing portfolio from another broker to Traders Place, with no fee charged by the broker and preservation of purchase price and tax markers.
Advantages:
Trading and payment functions in one app.
Austria’s deposit insurance system up to EUR 100,000 through the partnership with Raiffeisen Bank.
No custody fees for securities.
Transparent fixed commissions per trade.
Transfers between Verrechnungskonto and Depot within the system with no fees and no limits.
Remote account opening with no office visit.
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