Broker Test
Broker Test is a German-language online broker comparison and financial education portal operated by Ernsting.com Publications GmbH, serving DACH retail traders with broker profiles, fee calculators, a transaction-cost index, and educational content.
- Company typePrivate
- Founded2000
- HeadquartersBerlin, Germany
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What Broker Test does
Broker Test is a German-language online broker comparison and financial education portal operated by Ernsting.com Publications GmbH, with publisher David Ernsting identified as the principal. The platform, accessible at broker-test.de, compares Online Brokers, CFD Brokers, Forex Brokers, Daytrade Brokers, Futures Brokers, Crypto Brokers, and Robo Advisors, primarily serving German-speaking retail traders and self-directed investors in the DACH region. Core products include a Broker Vergleich (broker comparison service), an interactive Ordergebühren Rechner (order fee calculator), a proprietary Broker-Test Ordergebühren Index (BOI) that tracks transaction costs over time, an extensive Finanzwissen (financial knowledge) educational library, daily Trading News, and co-produced Trading Webinare with broker partners.
The underlying technology is a content-driven WordPress-based web portal (evidenced by the /wp-content/ asset URLs in the platform's media library), with interactive comparison tools layered on top. The business model is best characterized as content-and-affiliate publishing: revenue is not publicly disclosed, but the platform monetizes through its relationships with 12+ broker partners (including XTB, WH SelfInvest, Tickmill, CMC Markets, flatex, ActivTrades, IG Europe, S Broker, CapTrader, Société Générale, Franklin Templeton, and Deutsche Börse Frankfurt) that co-produce webinars, videos, and editorial content. Marketing is purely content-led — SEO articles, trading videos, webinars, a weekly newsletter ("Finanzinfos am Wochenende"), and social distribution — with no sales motion and no enterprise tier.
The company is privately held, unfunded, and operates from Germany as a single legal entity. There is no disclosed headcount, no external venture or private equity ownership, no M&A activity, and no leadership changes in the input data. Strategic activity is concentrated in product surface expansion (NeoBroker and Crypto Broker verticals, BOI index) and partner ecosystem deepening rather than in capital- or M&A-driven growth.
Broker Test firmographics
Firmographics- Name
- Broker Test
- Legal name
- Ernsting.com Publications GmbH
- Website
- https://broker-test.de
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Broker Test is a German-language online broker comparison and financial education portal operated by Ernsting.com Publications GmbH, serving DACH retail traders with broker profiles, fee calculators, a transaction-cost index, and educational content.
- Ownership category
- akta.pro rank
Broker Test industry classification
Industry- Product category
- Broker Comparison Platform
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA)
- akta.pro secondary industry
- Derivatives & Futures Brokerage (FSAEACAL)
Keywords
Where Broker Test is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Markets served
Broker Test business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Distribution channels1 record
Marketing channels6 records
Broker Test product offering
Product offeringCore offering
Broker Test is a German-language financial comparison and education portal that compares online brokers, CFD brokers, forex brokers, daytrade brokers, futures brokers, crypto brokers, and Robo Advisors. It provides broker profiles, an order fee calculator, a transaction cost index (BOI), daily trading news, and educational content (financial knowledge articles, webinars, videos) to retail traders and investors.
Product overview
Broker Test is a German-language financial comparison and education platform that operates as a single unified website rather than a modular product architecture. The core offering consists of broker comparison tools (Online Broker, CFD Broker, Forex Broker, and other broker categories), supplemented by an Order Fee Calculator, Financial Knowledge base, Trading News, Trading Webinars, and an Order Fee Index. The platform serves retail investors and traders seeking to compare broker services, fees, and trading conditions across the German and European market.
Differentiator
Problem solved
Functional benefit
Products and services
- Broker Vergleich (Broker Comparison Service) Comprehensive comparison platform covering Online Brokers, CFD Brokers, Forex Brokers, Daytrade Brokers, Futures Brokers, and Crypto Brokers, with detailed broker profiles, fee comparisons, and side-by-side evaluations aimed at German-speaking retail traders and investors.
- Ordergebühren Rechner (Order Fee Calculator)
- Finanzwissen (Financial Knowledge)
- Trading News
- Trading Webinare (Trading Webinars)
- Börsenplätze (Exchange Venues)
- Broker-Test Ordergebühren Index (BOI)
Companies that use Broker Test
Customer profileSegments3 records
Ideal customer profiles3 records
Broker Test technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Broker Test partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered minor and core.
- XTBminor
- WH SelfInvestminor
- Tickmillminor
- CMC Marketsminor
- flatexminor
- ActivTradesminor
- IG Europeminor
- S Brokerminor
- CapTraderminor
- Société Généraleminor
- Franklin Templeton Investmentsminor
- Deutsche Börse Frankfurtminor
- Ernsting.com Publications GmbHcore
Recent moves1 record
Expansion highlights4 records
Broker Test competitors and assessment
Company assessmentEmerging players
- FXEmpire: Forex/CFD broker comparison and education platform with global coverage; comparable as a content-and-affiliate-driven broker review site targeting retail traders, though it operates in English rather than German.
- FXStreet: Specialist forex/CFD news, analysis, and broker-comparison site with multilingual content; comparable to the forex/CFD vertical of Broker Test and similar affiliate-driven business model.
Broad incumbents
- Investing.com: Large global financial portal offering quotes, news, broker comparisons, and educational content in multiple languages; directly comparable in product surface, though not German-focused.
- Check24: Dominant German multi-category comparison platform with insurance, banking, and finance verticals; operates an affiliate/lead-gen model very similar to Broker Test but at vastly larger scale and breadth.
- TradingView: Global charting and social-trading platform that increasingly integrates broker onboarding and comparison features; comparable because it combines retail-trader content, comparison tooling, and broker partnerships across the same asset classes.
- Verivox: Germany's leading price-comparison portal; while primarily telecom/energy/insurance, it has expanded into banking and financial product comparisons, using the same affiliate-comparison business model as Broker Test.
Direct peers
- OnVista: German financial information portal owned by Scalable Capital; provides broker comparisons, market data, and news to retail investors, directly overlapping with Broker Test's core content and audience.
- finanzen.net: Germany's largest financial portal; runs broker, CFD and forex comparisons, real-time quotes, and news — directly competing with Broker Test for German-speaking retail comparison traffic, including its own neo-broker (finanzen.net zero).
- Wallstreet:Online: Long-running German financial community and comparison portal offering broker overviews, forums, and market data — highly comparable audience (DACH retail traders) and overlapping broker-comparison content.
Regional players
- GuteKurse: German fee-comparison site focused on broker order fees and execution venues; narrowly comparable to Broker Test's Ordergebühren Rechner and BOI Index products in the same DACH audience.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Broker Test social profiles
Digital presenceBroker Test financial estimates
Financial estimateRevenue estimate
Valuation estimate
Broker Test leadership team
Management profileNumber of profiles
Profiles1 record
Broker Test funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Broker Test 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 Broker Test
What does Broker Test do?
Broker Test is a German-language financial comparison and education portal that compares online brokers, CFD brokers, forex brokers, daytrade brokers, futures brokers, crypto brokers, and Robo Advisors. It provides broker profiles, an order fee calculator, a transaction cost index (BOI), daily trading news, and educational content (financial knowledge articles, webinars, videos) to retail traders and investors.
Is Broker Test a public or private company?
Broker Test is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Broker Test founded?
Broker Test was founded in 2000. It employs 11 to 50 people.
Where is Broker Test based?
Broker Test is headquartered in Berlin, Germany, in the Europe region.
Who are Broker Test's main competitors?
Emerging players on record are FXEmpire and FXStreet. Broad incumbents are Investing.com, Check24, TradingView and Verivox. Direct peers are OnVista, finanzen.net and Wallstreet:Online. GuteKurse is listed as a regional player.
Does Broker Test have an API?
No public API is recorded for Broker Test.
What industry is Broker Test in?
Broker Test's product category is Broker Comparison Platform. Its primary akta.pro industry code is FSAEACAA, Full-Service Brokerage (Wirehouse/Universal), with a secondary code of FSAEACAL, Derivatives & Futures Brokerage. Its NAICS code is 5231 and its SIC code is 6282.