flatex
flatexDEGIRO SE is a Frankfurt-headquartered, publicly-traded online broker serving over 3.6 million retail investors across 16 European countries through three proprietary platforms (flatex, DEGIRO, ViTrade), providing transaction-fee-based access to 50+ global exchanges via its regulated German bank subsidiary.
- Company typePublic
- Founded2006
- HeadquartersFrankfurt, Germany
- Headcount51–100
- GTM typeB2C
- OfferingServices
What flatex does
flatexDEGIRO SE is a Frankfurt-headquartered, publicly-traded European online brokerage group serving more than 3.6 million retail investors across 16 European countries (with additional exchange connectivity in the USA, Singapore, Hong Kong, and Japan). The company operates three proprietary digital platforms — flatex and DEGIRO for regional European retail segments and ViTrade for very active traders — all underpinned by a single proprietary IT infrastructure and a wholly-owned regulated German bank subsidiary (flatexDEGIRO Bank SE). Customers access more than 50 global exchanges and OTC direct trading through self-serve digital interfaces designed for cost-effective execution without investment advice; the group executes over 75 million transactions per year, with €2.3 trillion in cumulative trade value since commencing brokerage operations in 2006 and €100 billion in customer securities under custody as of July 2026.
The business model is overwhelmingly transactional: revenue is generated primarily through fees on executed trades across the flatex, DEGIRO, and ViTrade platforms. The regulated bank subsidiary provides operational legitimacy, deposit-taking capability, and integration with settlement and custody infrastructure that non-bank competitors cannot easily replicate. The group has historically expanded through M&A, including the transformative 2019 acquisition of DEGIRO and earlier acquisitions of XCOM AG (2015) and biw AG (2012); it now employs approximately 1,200 people representing 60 nationalities and supports a horizontal customer-segmentation approach in which no single customer or vertical accounts for meaningful revenue share.
flatexDEGIRO is incorporated as a Societas Europaea (formerly flatexDEGIRO AG), reflecting its pan-European posture, and operates an investor-relations program including AGM proceedings and a declared €0.30-per-share dividend at its 2026 AGM. The company uses organic social channels (LinkedIn, X, Instagram) and PR/earned media as its primary marketing channels and pursues a product-led growth go-to-market motion aimed at cost-conscious retail investors seeking low-friction wealth-building and trading access.
flatex firmographics
Firmographics- Name
- flatex
- Legal name
- flatexDEGIRO SE
- Website
- https://fintechgroup.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- flatexDEGIRO SE is a Frankfurt-headquartered, publicly-traded online broker serving over 3.6 million retail investors across 16 European countries through three proprietary platforms (flatex, DEGIRO, ViTrade), providing transaction-fee-based access to 50+ global exchanges via its regulated German bank subsidiary.
- Ownership category
- akta.pro rank
flatex industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Discount & Online Retail Brokerage (FSAEACAB)
Keywords
Where flatex is headquartered
LocationHeadquarters
- HQ city
- Frankfurt
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
flatex business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Transaction fees: Revenue generated from transaction fees on trades executed through their brokerage platforms. Customers execute more than 75 million transactions per year.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
flatex product offering
Product offeringCore offering
flatexDEGIRO operates a pan-European online brokerage, providing retail investors with cost-effective trading access to more than 50 exchanges worldwide plus OTC direct trading through three proprietary platforms: flatex and DEGIRO for retail investors across different European regions, and ViTrade for very active traders. The brokerage is underpinned by flatexDEGIRO Bank SE, a regulated German bank, and serves more than 3.6 million customers in 16 European countries, executing over 75 million transactions per year.
Product overview
flatexDEGIRO operates as a unified platform comprised of three distinct brokerage products: flatex and DEGIRO serve retail investors across different European regions, while ViTrade targets very active traders. All three platforms provide access to more than 50 exchanges worldwide, OTC direct trading, and are supported by the company's regulated German bank. The company serves over 3.6 million customers in 16 countries and executes more than 75 million transactions per year.
Differentiator
Problem solved
Functional benefit
Brands
- flatex: Brokerage platform covering specific European regions
- DEGIRO
- ViTrade
Products and services
- flatex brokerage platform Online brokerage platform serving European retail investors with cost-effective trading access to more than 50 exchanges worldwide and OTC direct trading.
- DEGIRO brokerage platform Online brokerage platform covering different European regions, providing retail investors access to global exchanges and OTC trading.
- ViTrade brokerage platform Brokerage platform catering to the needs of very active traders, providing access to exchanges in Europe, North America, and Asia-Pacific as well as OTC direct trading.
- flatexDEGIRO Bank SE (regulated German bank and securities custody) Regulated German bank subsidiary of flatexDEGIRO SE providing banking services and custody of customer securities that underpins the flatex, DEGIRO, and ViTrade brokerage platforms.
Quantifiable outcome
- €2.3 trillion in total trade value executed since 2006
- +1 more outcomes
Companies that use flatex
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
flatex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
flatex partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
flatex competitors and assessment
Company assessmentDirect peers
- Trade Republic: Berlin-based European neo-broker offering commission-free trading and a custody-led model. Directly competes with flatexDEGIRO in German-speaking and broader EU retail brokerage, particularly with price-sensitive younger customers.
- eToro: Global multi-asset retail platform with social/copy-trading features. Overlaps with flatexDEGIRO in European retail brokerage, especially for younger and first-time investors, though with a distinct product focus.
- Interactive Brokers: Global, multi-asset online broker with deep market access across 150+ markets. Competes with flatexDEGIRO's ViTrade and DEGIRO for active European retail traders who value global exchange coverage and low commissions.
- Trading 212: UK-headquartered zero-commission retail broker with a strong presence in Germany and across Europe. Directly competes with flatexDEGIRO on price, UX, and mobile-first retail trading experience.
- DEGIRO (now part of flatexDEGIRO): Acquired by flatexDEGIRO in 2019 for ~$250M; continues to operate as a sibling brand under the same group. Same pan-European retail brokerage customer base and transaction-fee model — useful for self-comparison and brand-level benchmarking.
- Scalable Capital: Munich-based online broker with self-directed and managed offerings across Europe. Operates a similar cost-effective retail brokerage proposition as flatexDEGIRO and competes directly in DACH and select EU markets.
- Saxo Bank: Danish online broker with multi-asset access for retail and professional clients. Overlaps with flatexDEGIRO's ViTrade/DEGIRO offerings across European markets, particularly among more sophisticated active traders.
Regional players
- Hargreaves Lansdown: UK's largest direct-to-consumer investment platform. Comparable business model — retail brokerage plus funds and ISA/wrapper products — but geographically focused on the UK rather than competing directly in flatexDEGIRO's core EU markets.
Broad incumbents
- DKB (Deutsche Kreditbank): German retail bank offering brokerage within a broader banking product set. Competes with flatexDEGIRO for German retail investors, though with a less focused brokerage value proposition.
- Commerzbank: Large German universal bank with retail brokerage and wealth management. Provides scale and trust comparables for flatexDEGIRO's German franchise, though brokerage is a smaller part of a much broader banking group.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
flatex social profiles
Digital presenceflatex financial estimates
Financial estimateRevenue estimate
Valuation estimate
flatex leadership team
Management profileNumber of profiles
flatex subsidiaries and ownership
Company hierarchySubsidiaries1 record
flatex funding detail
Funding detailFunding overview
Funding rounds5 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
flatex M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about flatex
What does flatex do?
flatexDEGIRO operates a pan-European online brokerage, providing retail investors with cost-effective trading access to more than 50 exchanges worldwide plus OTC direct trading through three proprietary platforms: flatex and DEGIRO for retail investors across different European regions, and ViTrade for very active traders. The brokerage is underpinned by flatexDEGIRO Bank SE, a regulated German bank, and serves more than 3.6 million customers in 16 European countries, executing over 75 million transactions per year.
Is flatex a public or private company?
flatex is a public company. It is classified as public and is currently operating.
When was flatex founded?
flatex was founded in 2006. It employs 51 to 100 people.
Where is flatex based?
flatex is headquartered in Frankfurt, Germany, in the Europe region.
How does flatex make money?
One revenue line is on record: transaction fees.
Who are flatex's main competitors?
Direct peers on record are Trade Republic, eToro, Interactive Brokers, Trading 212, DEGIRO (now part of flatexDEGIRO), Scalable Capital and Saxo Bank. Hargreaves Lansdown is listed as a regional player. Broad incumbents are DKB (Deutsche Kreditbank) and Commerzbank.
Does flatex have an API?
No public API is recorded for flatex.
What industry is flatex in?
flatex's product category is Retail Brokerage. Its primary akta.pro industry code is FSAEACAB, Discount & Online Retail Brokerage. Its NAICS code is 5231 and its SIC code is 6211.