Broker comparison 09/2026

We have tested the ETF offers of the most important online brokers for you.

Preliminary information:

• We have reviewed the ETF offers of selected online brokers based on clearly defined criteria. Brokers with a strong focus on CFD trading, unclear or missing government regulation, or headquarters outside the EU were excluded. We regularly review this assessment.
• This comparison is for information purposes only and does not constitute investment advice or a recommendation. Despite careful research, we do not guarantee the timeliness, accuracy, or completeness of the information provided. Past performance is not a reliable indicator of future results. Investments in securities involve risks, including total loss. Please check whether the products are suitable for your personal situation before making an investment decision.
• Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable AG. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. Ultimately, it’s up to you to decide how and with whom you want to invest.

Our evaluation process:

For each broker, we have examined the modalities for regular trading, the ETF savings plan offer and further criteria, such as automated tax reporting. In each category, we compared the offers of the online brokers with regard to different aspects and assessed them with points. In total, a maximum of 57 points could be attained. We then converted the number of points into a star rating, with 48 points being required for the maximum rating of 5.0 stars. The conversion of the number of points into stars is based on the formula: number of points achieved/10.

This results in the following rating scheme:

In the three categories mentioned above, we rated the broker offers as follows: