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Flatex Review 2024
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Summary of Flatex Trading Company
Flatex is a high-risk broker with the TU Overall Score of 2.27 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Flatex clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Flatex ranks 388 among 414 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Flatex was incorporated in 2006, and today is among leading German online brokerage companies. Customers value it for offering an accessible mobile online platform, expert advice, and superior service. Flatex’ top priority is providing customers with excellent trading experience, including competitive trading conditions, super-fast order execution, and safety of customer funds.
💰 Account currency: | EUR |
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🚀 Minimum deposit: | No minimum deposit |
⚖️ Leverage: | 1:100 |
💱 Spread: | from 1 p |
🔧 Instruments: | Forex, CFD, Stocks, ETFs, funds, bond |
💹 Margin Call / Stop Out: | 100%/100% |
Evaluation of the most influential parameters of Flatex
Geographic Distribution of Flatex Traders
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Dynamics of Flatex’s popularity among
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Trading Conditions for Flatex Users
💻 Trading platform: | flatex WebFiliale, flatex trader 2.0, MetaTrader4 |
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📊 Accounts: | Individual, Joint, Corporate account. |
💰 Account currency: | EUR |
💵 Replenishment / Withdrawal: | Bank Transfer |
🚀 Minimum deposit: | No minimum deposit |
⚖️ Leverage: | 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.1 |
💱 Spread: | from 1 p |
🔧 Instruments: | Forex, CFD, Stocks, ETFs, funds, bond |
💹 Margin Call / Stop Out: | 100%/100% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market Execution |
⭐ Trading features: | No |
🎁 Contests and bonuses: | No |
Comparison of Flatex with other Brokers
Flatex | RoboForex | Pocket Option | Exness | TeleTrade | FxGlory | |
Trading platform |
MetaTrader4, flatex WebFiliale, flatex trader 2.0 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 | MT4, MobileTrading, MT5 |
Min deposit | No | $10 | $5 | $10 | $1 | $1 |
Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:10 |
From 1:1 to 1:3000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | 8.00% |
Spread | From 1 point | From 0 points | From 1.2 point | From 1 point | From 0.8 points | From 2 points |
Level of margin call / stop out |
100% / 100% | 60% / 40% | 30% / 50% | No / 60% | 70% / 20% | 20% / 10% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Instant Execution, Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | No | No |
Broker comparison table of trading instruments
Flatex | RoboForex | Pocket Option | Exness | TeleTrade | FxGlory | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | No | Yes | Yes | Yes | Yes | Yes |
Crypto | No | No | Yes | Yes | Yes | No |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | No | Yes | Yes | Yes | Yes | No |
Stock | Yes | Yes | Yes | Yes | Yes | No |
ETF | Yes | Yes | No | No | Yes | No |
Options | No | No | No | No | No | No |
Contacts
Foundation date | 1999 |
Registration address | Rotfeder-Ring 7, 60327 Frankfurt |
Official site | flatex.de |
Contacts |
Email:
info@flatex.de,
Phone: +49 9221 - 7035 898 |
Articles that may help you
FAQs
Do reviews by traders influence the Flatex rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Flatex you need to go to the broker's profile.
How to leave a review about Flatex on the Traders Union website?
To leave a review about Flatex, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Flatex on a non-Traders Union client?
Anyone can leave feedback about Flatex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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