Flatex Review 2021

65

Position
in rating

65

Position in rating

5.45/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of Flatex Trading Company

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
🚀 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%
Attention!

We work exclusively with the accounts opened through Traders Union.

Flatex Latest Comments 2021

0
5
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Flatex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

Good afternoon everyone. I consider Flatex to be scammers. It is a pity that I did not get to this site before and did not see the reviews. When registering on their website, I brought in $ 10,000. At some point, I felt that something was wrong and without making any deal, I decided to withdraw the money back. From that moment on, their manager began to call from different phone numbers in every possible way convincing them not to withdraw money. When I finally insisted on my own and applied for a withdrawal, this company - without providing me with any services - charged me $ 6,500 - calling it a commission. Avoid these citizens, do not fall for sweet talk and the promised mountains of gold. If they are on such a trifle as 10,000 behave like this, then a large amount will certainly pocket it.

after replenishing the account with a good amount, the account was blocked, the money has not been given for half a year now, here is the correspondence. Your account has been blocked by the Security and Compliance Department. For more information, please send a scan of your passport to ***, indicate your trading account number and telephone password. Petr. all this was done many times, as you can see, there was not a single transaction on the account, it was immediately blocked. More: Please clarify, did you receive a response from the Security and Control Department? Petr. Since November 17, the department has not responded, which is 3 months. how can I keep our correspondence, people don’t believe me that this is possible, you don’t believe it yourself. They: I will clarify the information.

There was a good broker. on 4-. Slid into ***. For a week they have not been able to withdraw, allegedly due to technical problems on the web money. and they don't say anything plainly.

I tested the Flatex trading signals, some kind of nonsense. Well, maybe a couple of three deals and closed in profit, and the rest, of course, with a terrible deviation went into negative territory. Some kind of rascal service

The other day I made a deal on the Eurodollar, the price immediately flew to my stop, knocked out the stop point exactly one point to one point and went in the right direction. It is not for nothing that Flatex occupies such a low position in the ranking. They are juggling quotes! It is necessary for everyone to know about it!

Analysis of the Main Features of the Forex Broker

5.45

Overall rating

5.24

/10

Execution of orders

5.66

/10

Investment instruments

5.3

/10

Withdrawal speed

5.6

/10

Customer Support work

5.08

/10

Variety of instruments

5.82

/10

Trading platform

Dynamics of the Popularity of Flatex
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

Trading Conditions for Flatex Users

💻 Trading platform: flatex WebFiliale, flatex trader 2.0, MetaTrader4
📊 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 FxPro XM Group Admiral Markets UK AvaTrade eToro
Trading
platform
MetaTrader4, flatex WebFiliale, flatex trader 2.0 MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MobileTrading, WebTrader
Min deposit No $100 $5 $200 $100 $200
Leverage From 1:1
to 1:100
From 1:1
to 1:200
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:2
to 1:30
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 1 point From 1 point From 1 point From 0 points From 0 points From 2 points
Level of margin call
/ stop out
100%  /  100% 50%  /  50% 100%  /  50% 100%  /  30% 25%  /  10% No
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes No

Broker comparison table of trading instruments

Flatex FxPro XM Group Admiral Markets UK AvaTrade eToro
Forex Yes Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes Yes
Crypto No Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes No Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF Yes No No Yes No Yes
Options No Yes No No No Yes

Contacts

Registration address Rotfeder-Ring 7, 60327 Frankfurt
Official site
Contacts

Tags:

Flatex

The Oldest Reviews of the Flatex

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Flatex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

The other day I made a deal on the Eurodollar, the price immediately flew to my stop, knocked out the stop point exactly one point to one point and went in the right direction. It is not for nothing that Flatex occupies such a low position in the ranking. They are juggling quotes! It is necessary for everyone to know about it!

I tested the Flatex trading signals, some kind of nonsense. Well, maybe a couple of three deals and closed in profit, and the rest, of course, with a terrible deviation went into negative territory. Some kind of rascal service

There was a good broker. on 4-. Slid into ***. For a week they have not been able to withdraw, allegedly due to technical problems on the web money. and they don't say anything plainly.

after replenishing the account with a good amount, the account was blocked, the money has not been given for half a year now, here is the correspondence. Your account has been blocked by the Security and Compliance Department. For more information, please send a scan of your passport to ***, indicate your trading account number and telephone password. Petr. all this was done many times, as you can see, there was not a single transaction on the account, it was immediately blocked. More: Please clarify, did you receive a response from the Security and Control Department? Petr. Since November 17, the department has not responded, which is 3 months. how can I keep our correspondence, people don’t believe me that this is possible, you don’t believe it yourself. They: I will clarify the information.

Good afternoon everyone. I consider Flatex to be scammers. It is a pity that I did not get to this site before and did not see the reviews. When registering on their website, I brought in $ 10,000. At some point, I felt that something was wrong and without making any deal, I decided to withdraw the money back. From that moment on, their manager began to call from different phone numbers in every possible way convincing them not to withdraw money. When I finally insisted on my own and applied for a withdrawal, this company - without providing me with any services - charged me $ 6,500 - calling it a commission. Avoid these citizens, do not fall for sweet talk and the promised mountains of gold. If they are on such a trifle as 10,000 behave like this, then a large amount will certainly pocket it.

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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.

Why is it more profitable to work with Flatex through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.