Smartbroker+ Review 2026
Smartbroker+ offers free trades from €500 order volume and free Xetra access. A strong competitor to Trade Republic.
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Verdict: Smartbroker+ review
Smartbroker+ attacks the neo-brokers with their own weapons and adds one decisive extra. Orders above 500 euros trade for zero euros via gettex, Xetra executions cost four euros, and all of the roughly 2,000 ETF savings plans are free from one euro per instalment. What sets the platform apart — launched in 2019 by the team behind the finance portal wallstreet-online and relaunched as Smartbroker+ — is venue choice: alongside gettex there is genuine Xetra access plus further exchanges, and even options trading, a combination neither Trade Republic nor justTRADE matches. Custody is free, with BaFin regulation and the standard 100,000 euro deposit protection.
The weaknesses are more about maturity than concept. The platform is still comparatively young since its relaunch, the app is visibly a work in progress and feels less polished in places than the established competition. Idle cash earns no interest — a tangible disadvantage against the 3.25 percent Trade Republic pays anyone parking larger sums. And the zero-euro headline only starts at 500 euros of order volume; smaller individual orders either cost money or have to be routed through a savings plan instead.
That positions Smartbroker+ squarely between the worlds: cheaper than Trade Republic for larger orders, more flexible on trading venues than any other neo-broker, but without the interest and app ecosystem of the market leaders. Against justTRADE, the other zero-fee provider, Smartbroker+ argues with Xetra access, options capability and a far bigger savings plan universe. Anyone prioritising maximum platform polish or cash yield will stay with the bigger names for now.
Taxes hold no surprises: as a German provider, Smartbroker+ withholds capital gains tax automatically, exemption order included, while Austrian and other foreign customers must declare their income themselves. The verdict: a sharply price-focused package for investors who typically place orders above 500 euros, care about real exchanges like Xetra and can live without interest on cash. The four-star rating is earned, with room above once the app and feature set fully catch up with the established players.
