justTRADE vs finanzen.net ZERO — which broker is better?

Pros

• Three competing exchange venues (LS Exchange, Quotrix, Tradegate BSX) with a quote-request order that executes at exactly the price you confirmed - no market orders, no execution surprises
• EUR 1.00 per stock or ETF order at LS Exchange and Tradegate BSX, with no minimum order value: you can buy a single share
• No custody fee, no account fee, no inactivity fee, no charge for dividends, corporate actions or transfers out
• Savings plans on ETFs, ETCs, commodities, crypto and wikifolios cost EUR 0 order commission from EUR 25 a month
• Real spot crypto in the same account - 65+ coins held by BaFin-supervised Tangany GmbH in Germany, tradable 24/7 from EUR 25 at 0.125%
• Sutor Bank (founded 1921) holds the banking licence, so cash falls under the statutory EUR 100,000 guarantee plus the private banks' voluntary fund
• Full German tax agency: Abgeltungsteuer and church tax withheld automatically, FIFO cost basis, free annual tax certificate and loss certificate
• About 1.75 million certificates and warrants from seven issuers, with EUR 0 commission at the four Gold partners

Cons

• Account opening requires German citizenship AND German tax residence - a residence permit is explicitly not sufficient, which excludes a large share of German residents
• You cannot transfer an existing securities portfolio into justTRADE. Incoming Depotuebertraege are not supported at all, so switching means selling and realising tax
• The public marketing still says 'ab 0 EUR Orderprovision' while the 08.06.2026 price list charges EUR 2.90 as standard and EUR 1.00 at two venues - the cheapest German neobrokers are now cheaper on the same order
• Support is email only: no telephone hotline, no live chat, German only
• No individual bonds, no mutual funds, and French, Italian, Spanish and Greek shares (plus their ADRs) are untradable because of local financial transaction taxes
• Uninvested cash pays 0.00% p.a. while a tolerated overdraft costs 9.00% p.a.; the broker's answer is to sell you money-market ETFs instead

Pros

• EUR 0.00 order commission on shares, ETFs, funds, certificates and warrants, with no custody fee, no third-party cost surcharge and no venue fee
• Savings plans in shares, ETFs and funds cost EUR 0.00 from EUR 1.00 per instalment and carry no minimum-quantity surcharge
• Best-rated app in the German neobroker field - roughly 4.7 out of 5 across about 26,000 German App Store ratings - with limit, stop, stop-limit, trailing stop-loss and OCO orders
• Trading is embedded in finanzen.net, Germany's largest retail finance portal, so quotes, news and instrument data sit beside the order ticket at no extra cost
• Extended hours: securities from 07:30 to 23:00 on weekdays and 14:00 to 19:00 on Saturdays, crypto 24/7
• Real spot crypto in the same account - 59 coins held by BaFin-supervised Tangany GmbH in Germany, plus more than 50 crypto ETPs including staking products
• Junior account on identical terms with no running costs, and Swiss share trading is supported
• Full German tax handling through Baader Bank: automatic Abgeltungsteuer, Freistellungsauftrag, loss offsetting and annual tax documents

Cons

• One trading venue only. Every order goes to gettex, so you cannot compare quotes, and outside Xetra core hours (09:00-17:30) the spread is the entire cost of your trade with nothing to benchmark it against
• No telephone support of any kind - the only channel is a ticket system inside the login, which Finanztip also flags as the reason ZERO scores mid-table on service
• The Fair Use Policy explicitly reserves the right to terminate clients for automated or high-frequency trading, latency arbitrage, 'economically pointless' transactions, or simply never funding the account
• Crypto costs 1.0% of order value in commission (0.5% brokerage plus 0.5% settlement) on top of the spread, and coins can be neither deposited nor withdrawn - the wallet is a closed system
• Three-company structure: finanzen.net zero GmbH is only a tied agent with no licence, DonauCapital Wertpapier GmbH carries the liability, and Baader Bank holds the assets. It is legal and disclosed, but there is no single accountable balance sheet
• No individual bonds, no joint or second accounts, no business accounts, no demo account, and uninvested cash pays 0.00% p.a.