Broker Test

Broker Comparison Platformbroker-test.de

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
HeadquartersRheine, Germany
Headcount1–10
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: 1–10 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

Where Broker Test is headquartered

Location

Headquarters

HQ city: Rheine
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 offering

Core 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 profile

Segments3 records

Ideal customer profiles3 records

Broker Test technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Broker Test partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered minor and core.

XTBminorGTM or Marketing Partner
WH SelfInvestminorGTM or Marketing Partner
TickmillminorGTM or Marketing Partner
CMC MarketsminorGTM or Marketing Partner
flatexminorGTM or Marketing Partner
ActivTradesminorGTM or Marketing Partner
IG EuropeminorGTM or Marketing Partner
S BrokerminorGTM or Marketing Partner
CapTraderminorGTM or Marketing Partner
Société GénéraleminorGTM or Marketing Partner
Franklin Templeton InvestmentsminorGTM or Marketing Partner
Deutsche Börse FrankfurtminorGTM or Marketing Partner
Ernsting.com Publications GmbHcoreOthers

Recent moves1 record

Expansion highlights4 records

Broker Test competitors and assessment

Company assessment

Emerging 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Broker Test leadership team

Management profile

Number of profiles

Profiles1 record

Broker Test funding detail

Funding detail

Funding 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 investment

M&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?

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 1 to 10 people.

Where is Broker Test based?

Broker Test is headquartered in Rheine, 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.