Detailed comparison of all fees, features, and suitability — updated for 2026.
Bitpanda is the better choice for Krypto-Anleger, while Flatex wins for Austrian Investors. Which one suits you depends on your strategy — the detailed comparison below shows every difference.
| Metric | Bitpanda | Flatex | Difference |
|---|---|---|---|
| Order fee per trade | 1.49 € | 5.90 € | 4.41 € cheaper at Bitpanda |
| 10y savings plan cost @ €100/month | 0 € | 708 € | 708 € cheaper at Bitpanda |
| Available exchanges | 1 | 6 | +5 more at Flatex |
| BMInsider rating | 4.0/5 | 3.8/5 | +0.2 at Bitpanda |
All fees, products, and platform features compared side-by-side. The "Winner" column shows which broker leads in each category.
| Feature | Bitpanda | Flatex | Winner |
|---|---|---|---|
| Fees & Costs | |||
| Order Fee | ~1.49 % spread | 5.90€ + Börsengebühr | Bitpanda |
| ETF Savings Plan Fee | - | 1.50€ | Bitpanda |
| Account Fee | 0€/Year | 0€/Year | Tie |
| Minimum Deposit | €1 | 0€ | Tie |
| Interest on Cash | 0% | 0% | Tie |
| Product Range | |||
| Stocks | Tie | ||
| ETFs | Tie | ||
| Crypto | Bitpanda | ||
| Options | Flatex | ||
| CFDs | Tie | ||
| Fractional Shares | Bitpanda | ||
| Number of Exchanges | Krypto-Spot | Xetra, Frankfurt, Wien | Flatex |
| Platform & Tools | |||
| Mobile App | Tie | ||
| Desktop Platform | Tie | ||
| Demo Account | Flatex | ||
| Security & Regulation | |||
| Regulated by | FMA · BaFin · MiCA | BaFin / FMA | Tie |
| Deposit Protection | - | 100.000€ | Tie |
| Founded | 2014 | 2006 | Tie |
| Overall Rating | |||
| Rating | ★★★★★ | ★★★★★ | Bitpanda |
Depending on your strategy and experience, one broker fits better. Here's how to decide:
Low barriers, simple app, demo account and no hidden costs — perfect to get started.
More about Flatex →Low per-order fees, many trading venues and derivatives access — important if you trade regularly.
More about Bitpanda →Free savings plans, interest on cash and no custody fee — what matters when you buy & hold.
More about Bitpanda →Bitpanda is Austria's largest crypto platform, founded in Vienna in 2014. Regulated by the Austrian FMA and German BaFin, with savings plans and an integrated stocks/ETFs/metals offering — though at higher fees than pure crypto exchanges.
Particularly suitable for: Krypto-Anleger, Bitcoin-Käufer, Aktive Krypto-Trader.
Flatex is especially popular in Austria as a tax-simple broker with access to many exchanges and derivatives.
Particularly suitable for: Austrian Investors, Options Trading, Many Exchanges.
Bitpanda (Vienna, BaFin/FMA/MiCA) and flatex (BaFin Germany) are multi-asset brokers with different emphasis. Bitpanda offers 3 500+ real crypto coins (spot, 0.99% + spread), 9 000+ stocks/ETFs at €1/order, physical precious metals. flatex offers €5.90 flat per order, 1 600 free ETF savings plans, broad asset range (bonds, funds, certificates), but no real crypto coins.
Honest take: flatex is the pick for classic DACH stock/bond investing with flat order logic. Bitpanda is the pick for crypto + stocks + precious metals in one account.
You want real crypto coins. Bitpanda 3 500+ coins with self-custody option. flatex no real coins.
You want physical precious metals. Bitpanda gold/silver/platinum/palladium with delivery option. flatex has Xetra-Gold (ETN) but no physical custody.
You want stock buys at €1 flat. Bitpanda €1 flat vs flatex €5.90 — on many small buys Bitpanda wins.
You want §23 crypto tax-free. Bitpanda spot. flatex crypto ETNs §20 (always KESt).
You want Bitpanda Pro for low crypto fees. Bitpanda Pro maker 0.1%. flatex crypto ETN spread ~1%.
You want bonds and classic mutual funds. flatex 1 000+ bonds, broad fund range. Bitpanda has no bonds.
You want predictable flat order costs. flatex €5.90 regardless of volume — on €50 000 orders cheaper than Bitpanda (€1 flat plus spread).
You want DEGIRO sister-bank backing. flatex is part of flatexDEGIRO Bank AG (Frankfurt-listed). Bitpanda is private AG.
You want the broadest ETF savings-plan range. flatex 1 600 free ETF savings plans. Bitpanda ~1 200.
You want the German tax certificate on all securities. flatex steuereinfach. Bitpanda steuereinfach for stocks/ETFs but crypto/precious metals in Anlage SO.
flatex fully steuereinfach. Bitpanda steuereinfach for securities, crypto/precious metals self.
§23 EStG: Bitpanda spot coins + precious metals 1 year tax-free. flatex has no §23-relevant spot crypto.
Austria — Bitpanda AT-specific (27.5% KESt-AT automatic). flatex has no AT settlement.
Vorabpauschale 2026: Both book ETFs automatically.
Profile: 12 ETF savings plans at €200, 6 stocks at €5 000, 5 crypto at €500, 1 gold buy €1 000.
| Item | flatex | Bitpanda |
|---|---|---|
| 12× €200 ETF savings plan | €0 | €0 |
| 6× €5 000 stock | 6× €5.90 = €35.40 | 6× (€1 + ~€10 spread) = €66 |
| 5× €500 crypto | no real spot (ETN) | 5× ~€7.50 = €37.50 |
| 1× gold €1 000 | only Xetra-Gold ETN | ~€16 |
| Yearly cost | ≈€35 (without crypto/gold) | ≈€120 |
flatex on large DACH stock buys via €5.90 flat. Bitpanda pricier in absolute terms via crypto + precious-metal component, but offers those asset classes at all.
Pick: Bitpanda. Only platform with all three.
Pick: flatex. €5.90 flat on large orders.
Pick: flatex. Bitpanda has no bonds.
Pick: Bitpanda. AT KESt settlement.
Pick: flatex. 1 600 vs Bitpanda 1 200 ETF savings plans.
Answers to the most common questions about Bitpanda vs Flatex.
For order fees, Bitpanda leads at ~1.49 % spread, while Flatex charges 5.90€ + Börsengebühr. Note: with CFD brokers, spreads add hidden cost — the lower nominal price isn't always cheaper overall.
Bitpanda is regulated by FMA · BaFin · MiCA, Flatex by BaFin / FMA. Both fall under EU oversight. Deposit protection: Bitpanda -, Flatex 100.000€.
For German/Austrian customers, language, BaFin regulation and tax-simple status often matter most. Check the 'Regulated by' and 'Languages' rows — DACH-focused brokers usually have the edge.
Bitpanda offers free ETF savings plans from €1. If a savings plan matters to you, that's a clear edge.
Both are covered under their home regulator's deposit protection. Bitpanda: -, Flatex: 100.000€. Securities are held in segregated accounts and protected in case of broker insolvency.
Neither broker pays meaningful interest on uninvested cash. Look elsewhere if cash yield matters.
Both offer native mobile apps with good app-store ratings. Which is better depends on your needs — try both with a demo account if available.
A second broker makes sense when one offers features the other lacks (e.g. options, crypto, more exchanges). A full switch is only worth it if the cost difference or missing features are significant.
Sign up with the broker that fits your strategy. Both are regulated and offer a demo account to test risk-free.
