flatexDEGIRO
flatexDEGIRO is a publicly listed pan-European online brokerage group serving over 3.5 million retail and professional trading customers across 16 countries via flatex, DEGIRO, and ViTrade platforms, processing 75+ million transactions annually with over €95 billion in assets under custody.
- Company typePublic
- Founded2006
- HeadquartersFrankfurt, Germany
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What flatexDEGIRO does
flatexDEGIRO operates as a publicly listed pan-European online brokerage group headquartered in Frankfurt, Germany, serving over 3.5 million retail and professional trading customers across 16 European countries. The group runs three distinct brokerage brands — flatex (Germany/Austria, 850,000+ retail investors), DEGIRO (15 European countries, 2.6 million+ customers with the largest bases in the Netherlands and Spain), and ViTrade (professional traders) — all backed by proprietary IT infrastructure hosted in ISO-certified data centers within the EU. Trading services are processed through the wholly-owned regulated German banking subsidiary flatexDEGIRO Bank SE, supervised by BaFin with statutory deposit protection up to €100,000 per customer.
The platform provides access to more than 50 exchanges worldwide plus OTC direct trading, processing over 75 million transactions annually with assets under custody exceeding €95 billion and €2.3 trillion in cumulative trade value since 2006. Revenue is generated primarily through transaction-based commissions using a flat-fee-per-trade model that the company pioneered in Germany, supplemented by net interest income from an expanding margin loan book, securities lending, and customer deposits. Additional revenue streams include crypto trading, term deposits, and Business Process Outsourcing services such as the deposit platform implemented for Hamburg Commercial Bank.
The company is led by CEO Oliver Behrens (appointed October 2024, previously Morgan Stanley, Deka-Bank, and Deutsche Bank), CFO/Deputy CEO Dr. Benon Janos, CHRO Christiane Strubel, COO Jens Möbitz, and CRO Evgeni Kaplun. flatexDEGIRO has been listed on the Frankfurt Stock Exchange since 2009 (ticker FTK) and was upgraded to the MDAX mid-cap index in 2025. Recent strategic positioning includes a 2026 partnership with Boerse Stuttgart's Seturion platform and Societe Generale for blockchain-based pan-European securities settlement under the EU's DLT Pilot Regime, alongside product expansion into crypto trading and securities lending.
flatexDEGIRO firmographics
Firmographics- Name
- flatexDEGIRO
- Legal name
- flatexDEGIRO SE
- Website
- https://flatexdegiro.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- flatexDEGIRO is a publicly listed pan-European online brokerage group serving over 3.5 million retail and professional trading customers across 16 countries via flatex, DEGIRO, and ViTrade platforms, processing 75+ million transactions annually with over €95 billion in assets under custody.
- Ownership category
- akta.pro rank
flatexDEGIRO industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232), Depository Credit Intermediation (5221)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)
Keywords
Where flatexDEGIRO is headquartered
LocationHeadquarters
- HQ city
- Frankfurt
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
flatexDEGIRO business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Trading Commission Income: Transaction-based revenue from executing trades across three brokerage platforms. The company pioneered flat execution fees charging per trade rather than based on order value.
- Net Interest Income: Interest income from expanded securities lending, margin loan book growth, and customer deposits. Higher interest income driven by expanded margin loan book and customer deposits.
- Crypto Trading: Roll-out of crypto trading services to expand product portfolio
- Term Deposits: Banking products including term deposits for cross-selling to customer base
- Business Process Outsourcing: BPO activities including deposit platform implementation for Hamburg Commercial Bank (HCOB)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Low-cost execution-only brokerage |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
flatexDEGIRO product offering
Product offeringCore offering
flatexDEGIRO operates as a pan-European online broker providing paperless securities transactions and execution-only brokerage services through three proprietary platforms — flatex (Germany/Austria), DEGIRO (15 European countries), and ViTrade (professional traders). Customers access stocks, ETFs, funds, exchange traded products, savings plans, crypto, securities lending, and term deposits across more than 50 global exchanges. Custody and processing are handled by BaFin-regulated subsidiary flatexDEGIRO Bank SE.
Product overview
flatexDEGIRO operates as a pan-European online broker serving retail investors across 16 countries through three distinct brokerage platforms: flatex (serving Germany and Austria with 850,000+ customers), DEGIRO (serving 15 European countries with 2.6 million+ customers), and ViTrade (catering to professional traders). The company processes over 75 million transactions annually with assets under custody exceeding €95 billion. Services include stocks, ETFs, Crypto, Funds, Exchange Traded Products, savings plans, securities lending, and term deposits. Processing is handled by flatexDEGIRO Bank SE, a fully regulated German institution supervised by BaFin.
Differentiator
Problem solved
Functional benefit
Brands
- flatex: Brokerage platform serving over 850,000 retail investors in Germany and Austria; established in 2006 as first independent online broker with flat execution fees
- DEGIRO
- ViTrade
Products and services
- flatex Online brokerage platform serving over 850,000 retail investors in Germany and Austria, offering flat-fee trading access to major global exchanges with paperless account opening.
- DEGIRO Online brokerage platform available in 15 European countries with over 2.6 million retail investors, with largest customer bases in the Netherlands and Spain, followed by France.
- ViTrade Online brokerage platform for professional traders offering individual settings, customization, and the highest level of customer support, built by traders for traders.
- Crypto Trading Crypto trading service rolled out to expand the product portfolio for retail customers across the group's brokerage platforms.
- Term Deposits Banking product offering term deposits, cross-sold to the existing brokerage customer base via flatexDEGIRO Bank SE.
- Securities Lending Securities lending service generating interest income from lending out customer securities, expanded in 2026 alongside the margin lending book.
- Business Process Outsourcing (BPO) for Banks BPO services including deposit platform implementation for institutional banking clients such as Hamburg Commercial Bank (HCOB), leveraging the group's regulated banking infrastructure.
Quantifiable outcome
- Record-breaking Q1 2026 with 19% year-over-year revenue growth and net income surpassing €50 million for the first time in a single quarter
- +2 more outcomes
Companies that use flatexDEGIRO
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
flatexDEGIRO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
flatexDEGIRO partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Boerse Stuttgart Group (Seturion)coreBoerse Stuttgart's digital settlement platform Seturion partnered with flatexDEGIRO, Societe Generale, and SG-FORGE to build a pan-European blockchain-based infrastructure for securities settlement. The unified framework will reduce transaction costs for flatexDEGIRO's 3.5 million retail brokerage clients across 16 countries, with tokenized structured securities being the first asset class to launch on the network. Seturion has applied for a DLT settlement system license under the EU's DLT Pilot Regime to support pan-European settlement.
- Societe Generale / SG-FORGEcoreSociete Generale partnered with Boerse Stuttgart's Seturion platform and flatexDEGIRO to issue tokenized structured securities on the blockchain settlement network. SG-FORGE will settle transactions using its EURCV and USDCV stablecoins. This initiative represents the first major European bank-owned issuer operating under the EU's Markets in Crypto-Assets (MiCA) framework.
- Hamburg Commercial Bank (HCOB)minorflatexDEGIRO implemented a comprehensive deposit platform for Hamburg Commercial Bank as part of Business Process Outsourcing activities.
- Female FinanceminorPartnership initiative to encourage and support women in actively engaging with their finances through targeted financial education offers.
- LINDAminorPartnership with LINDA organization to provide strong impetus to make financial topics accessible and understandable for women.
- The Next WomenminorPartnership to support female entrepreneurs and investors through financial education initiatives.
- Dutchess CapitalminorPartnership to promote financial literacy and investment opportunities for women investors.
Scale indicators12 records
Recent moves9 records
Expansion highlights7 records
flatexDEGIRO competitors and assessment
Company assessmentDirect peers
- Interactive Brokers: Global electronic broker serving active retail and professional traders with multi-asset access across 150+ markets. Closely comparable on the professional/prop-trader side (where ViTrade competes) and on pan-European institutional-grade execution.
- Lynx Broker: European arm of Interactive Brokers targeting active retail and professional traders. Competes with ViTrade on professional-grade tools while serving a customer profile adjacent to flatexDEGIRO's more active retail users.
- Trade Republic: Berlin-based retail broker with a mobile-first, flat-fee model that competes head-to-head with flatex in Germany and Austria. Same execution-only, low-cost positioning and growing crypto offering make it the closest direct competitor in the home market.
- eToro: Multi-asset retail platform with social/copy-trading and broad crypto coverage across Europe. Overlaps with flatexDEGIRO on retail execution, ETFs and the recently launched crypto offering, and competes for the same digital-native retail segment.
- Scalable Capital: Munich-headquartered European online broker with broker and neo-bank tiers, offering flat-fee and prime-broker pricing models. Competes directly with both flatex and DEGIRO across DACH and broader EU markets on pricing and product breadth.
Broad incumbents
- Saxo Bank: Danish-headquartered online broker offering multi-asset trading, custody and white-label B2B platform services across Europe. Comparable as a larger incumbent in the same execution-only-plus-investment-tools category and as a BPO/wholesale platform peer.
Regional players
- DKB (Deutsche Kreditbank) Broker: Direct-bank brokerage arm serving German retail savers with securities trading on top of a checking account. Comparable as a German direct-bank competitor for the same execution-only retail segment flatex targets in DACH.
- Comdirect / Commerzbank brokerage: German bank-owned online brokerage competing with flatex on the domestic DACH retail segment. Same geography and customer base, but distributed through an incumbent-bank channel rather than a pure-play online broker model.
Others
- DEGIRO (pre-acquisition context): Although now a wholly-owned subsidiary, DEGIRO's pre-2020 positioning as a low-cost pan-European retail broker frames the direct peer set flatexDEGIRO is consolidating. Useful as a strategic benchmark for international low-cost brokerage economics.
- Boerse Stuttgart (incl. Seturion): Operator of the Seturion blockchain settlement platform under flatexDEGIRO's DLT pilot partnership. Listed here as an ecosystem/infrastructure peer rather than a competitor, shaping the tokenized-securities rails flatexDEGIRO connects to.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
flatexDEGIRO social profiles
Digital presenceflatexDEGIRO compliance and trust
Trust signalCompliance10 records
flatexDEGIRO financial estimates
Financial estimateRevenue estimate
Valuation estimate
flatexDEGIRO leadership team
Management profileNumber of profiles
Profiles5 records
flatexDEGIRO subsidiaries and ownership
Company hierarchySubsidiaries4 records
flatexDEGIRO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
flatexDEGIRO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about flatexDEGIRO
What does flatexDEGIRO do?
flatexDEGIRO operates as a pan-European online broker providing paperless securities transactions and execution-only brokerage services through three proprietary platforms — flatex (Germany/Austria), DEGIRO (15 European countries), and ViTrade (professional traders). Customers access stocks, ETFs, funds, exchange traded products, savings plans, crypto, securities lending, and term deposits across more than 50 global exchanges. Custody and processing are handled by BaFin-regulated subsidiary flatexDEGIRO Bank SE.
Is flatexDEGIRO a public or private company?
flatexDEGIRO is a public company. It is classified as public and is currently operating.
When was flatexDEGIRO founded?
flatexDEGIRO was founded in 2006. It employs 1,001 to 5,000 people.
Where is flatexDEGIRO based?
flatexDEGIRO is headquartered in Frankfurt, Germany, in the Europe region.
How does flatexDEGIRO make money?
Five revenue lines are on record. Trading Commission Income is the primary driver. The others are net Interest Income, crypto Trading, term Deposits and business Process Outsourcing.
Who are flatexDEGIRO's main competitors?
Direct peers on record are Interactive Brokers, Lynx Broker, Trade Republic, eToro and Scalable Capital. Saxo Bank is listed as a broad incumbent. Regional players are DKB (Deutsche Kreditbank) Broker and Comdirect / Commerzbank brokerage. Others are DEGIRO (pre-acquisition context) and Boerse Stuttgart (incl. Seturion).
Does flatexDEGIRO have an API?
No public API is recorded for flatexDEGIRO.
What industry is flatexDEGIRO in?
flatexDEGIRO's product category is Retail Brokerage. Its primary akta.pro industry code is FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine). Its NAICS code is 5231 and its SIC code is 6211.