Consors Bank (BNP Paribas)

What Consors Bank (BNP Paribas) does

Consorsbank is a German direct bank (Direktbank) and online securities broker founded in 1994 and headquartered in Munich, operating as a wholly-owned subsidiary of BNP Paribas since 2017. Regulated by BaFin under EU MiFID II, it serves retail investors across the DACH region (Germany, Austria, Switzerland) and additional EU markets through a fully digital distribution model with no physical branches. Headcount is 501-1000 employees.

The product surface spans a Wertpapierdepot (securities account) with access to 34 German and international exchanges, over 1,700 fee-free ETF-Sparpläne, more than 5,000 Aktien-Sparpläne, certificate and ETC savings plans, and new ETNs with crypto underlying assets. Trading infrastructure includes desktop platforms ActiveTrader and ActiveTrader Pro, the Consorsbank Pro App for mobile active trading, FutureTrader for futures and options on Eurex/CME/OCC/CBOT, and a CFD platform. A Java and C#/.NET trading API is documented for programmatic order routing. Adjacent products include Girokonto (current account), Tagesgeld (3.40% p.a. up to 1 million EUR for 5 months), Festgeld (up to 2.50% p.a.), Baufinanzierung with 400+ financing partners, the Junior-Depot, RISE Young Trading for 18-30 year-olds, and an Investmentkonto (digital wealth management) managed by 300+ BNP Paribas Wealth Management professionals across five risk strategies from defensive to offensive at a 0.80% p.a. management fee.

Revenue is generated through tiered order commissions on securities and derivatives, transaction fees on savings plans (waived on ETFs), subscription-style management fees on the Investmentkonto, interest income on deposits and securities-backed lending, and float/custody economics. Distribution and customer acquisition are entirely self-serve digital: the Consorsbank web platform, Consorsbank App, educational offerings (FinanzCoach with 5 modules and 23 chapters, Derivate-Schulung), referral programs, content marketing, and SEO-driven calculators (ETF-Sparplan Rechner). Awards include FOCUS Money Best Online Broker 2025 and Deutsches Kundeninstitut Best Direct Bank 2026 with 97.0 points. Planned 2027 expansions include the Altersvorsorgedepot and Standarddepot as government-subsidized retirement products replacing Riester-Rente.

Name

Consors Bank (BNP Paribas)

Legal name

Consorsbank

Website

https://consorsbank.de

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Consorsbank is a German BaFin-regulated direct bank and online securities broker, subsidiary of BNP Paribas, serving DACH retail investors with fee-free ETF savings plans, multi-asset trading across 34 exchanges, digital wealth management, and a 2027-pipeline of state-subsidized retirement products.

Ownership category

akta.pro rank

Product category

Retail Online Brokerage

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180), Miscellaneous Financial Investment Activities (523999)

SIC

National Commercial Banks (6021), Security Brokers, Dealers & Flotation Companies (6211), State Commercial Banks (6022)

akta.pro primary industry

Comprehensive Financial Planning (FSAEAAAA)

akta.pro secondary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

Keywords

• Online brokerage services
• Retail banking services
• Securities trading
• Savings products
• Wealth management

Headquarters

HQ city

Nürnberg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Order Commissions: Tiered commission structure based on trading volume and status level. Base price ranges from 4.95 EUR to free (at Platinum status for Tradegate), with additional 0.25% to 0.08% commission rate depending on tier. Order execution at 34 German and international exchanges.
2. Investment Account Management Fees: Management fee of 0.80% p.a. inclusive of VAT for Investmentkonto (wealth management service), plus product costs up to 0.29% p.a. for underlying ETFs and funds. Minimum investment 750 EUR.
3. Securities Custody and Account Fees: Free depot (securities account) and free current account for eligible customers. Revenue generated through interest on cash balances and interbank lending.
4. Interest Income: Interest on Tagesgeld (3.40% p.a. for new customers, up to 1 million EUR, guaranteed for 5 months), Festgeld (up to 2.50% p.a., up to 1 million EUR), and securities credit (margin lending at 4.30% to 7.30% p.a. depending on status).

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

Consorsbank is a German online direct bank and broker operating as a wholly-owned subsidiary of BNP Paribas. It provides retail investors across Germany and the European Union with securities trading accounts, current accounts, savings products, ETF and stock savings plans, junior depot, mortgages, and managed investment accounts delivered entirely through digital channels (web, mobile apps, and specialized trading platforms).

Product overview

Consorsbank is a German online direct bank and securities broker operating under BNP Paribas, regulated by BaFin and EU MiFID II. The product portfolio centers on its Wertpapierdepot (securities account) as the core platform enabling trading of stocks, ETFs, funds, certificates, and derivatives. Savings products include multiple plan types: ETF-Sparpläne (over 1,700 fee-free plans), Aktien-Sparpläne (5,000+ plans), and Zertifikate/ETC-Sparpläne including new ETNs with crypto underlying assets. Banking products encompass Girokonto (current account), Tagesgeld (day savings at 3.40%), and Festgeld (fixed-term deposits up to 2.50%). The Investmentkonto offers professionally managed portfolios via BNP Paribas Wealth Management across five risk strategies. A major 2027 initiative includes the Altersvorsorgedepot, a government-subsidized retirement product replacing Riester-Rente. Trading infrastructure includes ActiveTrader/ActiveTrader Pro (desktop), Consorsbank Pro App (mobile pro trading), and FutureTrader (futures/options) with access to 34 German and international exchanges. Educational tools include FinanzCoach and Derivate-Schulung modules. The tiered Preismodell offers 11 status levels with progressive discounts up to Platinum (6 stars) for active traders.

Differentiator

Problem solved

Functional benefit

Products and services

• Wertpapierdepot (Securities Account)
• Girokonto (Current Account)
• Tagesgeld (Day Savings Account)
• Festgeld (Fixed-Term Deposit)
• Festgeld & Fonds (Fixed-Term Deposit and Funds Combo)
• ETF-Sparpläne (ETF Savings Plans)
• Aktien-Sparpläne (Stock Savings Plans)
• Zertifikate-Sparpläne & ETC-Sparpläne (Certificate and ETC Savings Plans)
• ETNs mit Krypto-Basiswert (ETNs with Crypto Underlyings)
• Investmentkonto (Managed Investment Account)
• Junior-Depot
• RISE Young Trading
• Baufinanzierung (Mortgage Financing)
• Altersvorsorgedepot (Retirement Securities Account)
• Consorsbank App
• Consorsbank Pro App
• ActiveTrader
• ActiveTrader Pro
• FutureTrader
• CFD-Plattform (CFD Platform)

Quantifiable outcome

• Free ETF savings plans (0 EUR Sparplangebühr) for 1,700+ ETFs, eliminating one of the largest ongoing costs of long-term investing
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration25 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• VanEckcoreChannel Partner/ Reseller/ DistributorStarPartner relationship for ETNs with crypto underlying assets (Bitcoin, Ethereum, and 30+ crypto assets). VanEck offers fee-free purchases for orders over 1,000 EUR and fee-free savings plans for WisdomTree and VanEck ETNs. WisdomTree manages $160 billion in assets globally and is the world's largest independent ETP provider.
• WisdomTreecoreChannel Partner/ Reseller/ DistributorStarPartner relationship for ETNs with crypto underlying assets. WisdomTree is a global financial innovator and the world's largest independent ETP provider with $160 billion in assets under management globally. Offers fee-free purchases for orders over 1,000 EUR and fee-free savings plans.
• BNP Paribas Wealth ManagementcoreStrategic or Co-development PartnerBNP Paribas Wealth Management manages the Investmentkonto (discretionary wealth management) with over 300 professionals and algorithms. This partnership enables Consorsbank to offer institutional-grade wealth management to retail customers, a service previously available only to high-net-worth individuals.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• DEGIRO: Pan-European online broker (subsidiary of FlatexDEGIRO) serving EU retail investors with low-cost trading across multiple exchanges. Competes for cross-border active-trader and DACH retail flow in the same securities-trading category.
• ING Germany (ING-DiBa): Germany's largest direct bank offering Girokonto, Tagesgeld, depot, and savings plans, regulated by BaFin. Competes head-to-head across Consorsbank's full banking + brokerage stack as another full-service Direktbank.
• Scalable Capital: Munich-based neo-broker and robo-advisor offering commission-free trading, savings plans, and managed portfolios. Directly comparable mobile-first brokerage competing for the same German retail segment, including Prime+ subscription tiers.
• Comdirect (Commerzbank): Established German online broker and direct bank, fully owned by Commerzbank, offering depot, girokonto, savings plans, and professional trading tools. Direct competitor across both banking and brokerage verticals in the German market.
• FlatexDEGIRO: German-headquartered pan-European online broker group operating flatex (DE/AT) and DEGIRO (EU) brands. Direct competitor across professional retail brokerage with broad European exchange coverage and active-trader tools.
• Trade Republic: Germany's largest mobile-first neobroker offering commission-free trading, savings plans, and crypto ETPs to DACH retail investors. Direct head-to-head competitor to Consorsbank Depot, especially in the under-30 RISE segment and fee-free ETF-Sparplan category.
• DKB (Deutsche Kreditbank): German direct bank offering girokonto, Tagesgeld, Wertpapierdepot, and savings plans under the BayernLB group. Competes with Consorsbank for the same DACH retail investor using a digital-only proposition.
• Interactive Brokers: Global online broker (IBKR) serving active retail and professional traders in Germany/EU with multi-asset trading across 150+ markets. Competes for Consorsbank's Pro App / ActiveTrader active-trader cohort with deeper international market access.
• eToro: Multi-asset retail trading platform with strong European presence offering stocks, ETFs, CFDs, and crypto via a social-trading community. Competes for Consorsbank's CFD and active-trader segments across DACH and broader EU markets.

Broad incumbents

• BNP Paribas Personal Finance: Consumer-finance and retail-banking arm of BNP Paribas, of which Consorsbank is the digital-investing subsidiary. Provides institutional capital, regulatory framework, and the Wealth Management pipeline (300+ experts managing Investmentkonto) underlying Consorsbank's competitive position.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/consorsbank
• YouTubeyoutube.com/playlist?list=PLbnH3FK-4wIHkRE2rWaVrY9QjNN2zBVoz
• Facebookfacebook.com/consorsbank
• LinkedInlinkedin.com/company/cortal-consors

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Consors Bank (BNP Paribas)