What Systrade AG does

Systrade AG is a Liechtenstein-regulated financial services firm founded in 1983 and headquartered in Vaduz. The company operates as an Introducing Broker for Interactive Brokers, routing client trades through IBKR's execution and custody infrastructure while providing its own client-facing advisory, onboarding, and account services to private and institutional investors across Europe (excluding US persons). Its stated leadership comprises founder Helmut A. Friedrich (active in brokerage since 1979), Deputy CEO Beatrix Friedrich, Managing Director/CEO Andreas Dittmann (since 1998), and Prof. Dr. Marc Prokop as President of the Administrative Board.

The firm's product surface spans equities, ETFs, funds, bonds, options, futures, FX, commodities, and — under the poolbroker sub-brand — crypto assets and algorithmic trading. The platform is offered in 30+ languages, supporting a pan-European retail and institutional book from a six-person team. The firm has been licensed by the Liechtenstein Financial Market Authority since 2006 and is a member of the Liechtenstein investor compensation scheme.

Systrade's revenue model is structurally a referral-and-introducing arrangement. It retains up to 80% of the trading commissions its clients generate at IBKR, participates in 1% of client credit interest, and applies a 1% surcharge on client overdraft interest. This yields a capital-light, commission-driven business with economics directly tied to client trading volume and cash balances at the underlying broker, and with no disclosed external funding, acquisitions, or headcount expansion signals.

Name

Systrade AG

Legal name

Systrade AG

Website

https://systrade.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

Systrade AG is a Liechtenstein-regulated introducing broker for Interactive Brokers, serving European private and institutional investors (excluding US persons) with multi-asset brokerage and poolbroker-branded algorithmic and crypto trading, operating with a six-person team.

Ownership category

akta.pro rank

Product category

Brokerage Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Independent Broker-Dealers (Retail Network) (FSAAAAAC)

Keywords

• Introducing broker services
• Brokerage referral services
• Financial structuring services
• Asset management services
• Trading account facilitation

Headquarters

HQ city

Vaduz

HQ country

Liechtenstein

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trading Fee Commission: Systrade AG receives a percentage share of trading fees collected by Interactive Brokers for each trade executed by referred customers. The percentage can be up to 80% depending on the traded volume of customers brokered by Systrade AG. This creates a volume-based revenue stream where higher trading activity by referred clients generates proportionally higher revenue for Systrade AG.
2. Credit Interest Revenue Share: Systrade AG receives 1% of the credit interest earned by customers on their cash balances at Interactive Brokers. For example, if a customer receives 2.0% credit interest, Systrade AG receives 1.0% of that interest.
3. Overdraft Interest Surcharge: Customers pay a 1.0% surcharge on overdraft interest charged by Interactive Brokers, which is retained by Systrade AG.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Systrade AG operates as an Introducing Broker for Interactive Brokers, facilitating account opening at IBKR for private and institutional investors and providing ongoing account administration support. The company offers financial structuring services for funds (UCITS/AIFM/OFFSHORE), bonds/certificates, and insurance wrappers targeting corporate and proprietary trading clients. Revenue is generated via commission-sharing with IBKR rather than direct fees to clients.

Product overview

Systrade AG is a Liechtenstein-based financial services provider offering brokerage and structuring services. The company operates primarily as an Introducing Broker for Interactive Brokers, providing clients with account opening facilitation and brokerage services. Their core offering includes the poolbroker sub-brand, which enables cost-effective trading across global financial markets. Additional services include structuring solutions covering funds (UCITS/AIFM/OFFSHORE), bonds/certificates, and insurance wrappers/policies. The company serves both private and institutional investors with a focus on innovative financing solutions including crypto and algo trading.

Differentiator

Problem solved

Functional benefit

Brands

• poolbroker: A product line offering brokerage services with extremely low trading fees through the Interactive Brokers platform, providing access to over 100 markets from desktop and mobile devices.

Products and services

• poolbroker Sub-brand brokerage offering cost-effective access to global financial markets through Interactive Brokers, providing access to over 100 markets from desktop and mobile devices at extremely low trading fees. Targeted at private/retail self-directed investors.
• Introducing Broker Services
• Financial Structuring Services

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Interactive Brokers Ireland LimitedcoreChannel Partner/ Reseller/ DistributorSystrade AG acts as an Introducing Broker (IB) for Interactive Brokers (IBKR), specifically Interactive Brokers Ireland Limited located at 10 Earls Fort Terrace, Dublin, Ireland. Systrade AG refers customers to IBKR for account opening and receives compensation in the form of trading fee shares (up to 80%), credit interest participation (1%), and overdraft interest surcharges (1%). The relationship is exclusive in terms of brokerage services, with Systrade AG only brokering accounts to EU brokers and specifically IBKR.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Regional players

• VP Bank: VP Bank is a Liechtenstein-based private bank offering wealth management, asset management, and intermediation services. Comparable to Systrade AG on the Liechtenstein domicile and licensed asset management positioning, though operating at materially larger scale.
• LGT Group: LGT is a Liechtenstein-headquartered private banking and asset management group. Relevant as a Liechtenstein-domiciled FMA-regulated financial services provider, providing context for the regulatory and tax environment with which Systrade AG operates.
• ViTrade: ViTrade is a Frankfurt-based online broker targeting active retail and institutional clients in the DACH region. Comparable to Systrade AG on the German-speaking active-trader segment and structured product offerings.

Broad incumbents

• Interactive Brokers: Interactive Brokers is the underlying executing broker and counterparty for Systrade AG's entire client base. Relevant as the channel partner that defines the economics and product set Systrade AG can offer.
• Baader Bank: Baader Bank is a leading German full-service bank that operates a Capital Markets division with very low trading fees and serves very active retail and institutional clients. Comparable to Systrade AG on serving active traders, but with much broader banking and capital markets capabilities.
• flatexDEGIRO: flatexDEGIRO is one of Europe's largest retail online brokers, offering low-cost trading across multiple European venues. Overlaps with Systrade AG's value proposition of low-cost multi-market access for private investors.

Emerging players

• WH SelfInvest: WH SelfInvest is a European active-trader-focused broker offering futures, CFDs, and multi-market access. Overlaps with Systrade AG in servicing self-directed traders across European markets with multilingual support.
• Trade Republic: Trade Republic is a fast-growing European mobile-first broker targeting cost-conscious retail investors. While its mobile-first model differs from Systrade AG's relationship-led approach, it competes for the same low-cost multi-market retail trading segment.

Direct peers

• CapTrader: CapTrader is a Germany-based Interactive Brokers Introducing Broker that, like Systrade AG, refers clients to IBKR for execution and earns a share of trading fees. It targets active retail and semi-professional traders across Europe, making it the closest head-to-head analogue.
• LYNX Broker: LYNX Broker is one of the largest IBKR Introducing Brokers in Europe, offering active traders low-cost access to global markets with extensive research and education. Comparable to Systrade AG on referral model, multi-market access, and active-trader focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/systrade-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Systrade AG