FXFlat Bank, now under Trading 212, has begun offering commission-free trading services in Germany. With local regulation and full BaFin licensing, the company aims to offer a new approach to zero-commission trading for those seeking access to global markets without the usual fees.

Expanding Services in Germany

According to a LinkedIn announcement by Trading 212, its expansion into Germany enables residents to access the benefits of commission-free trading through its BaFin-licensed broker, FXFlat Bank GmbH.

“Big news for German residents! Starting today, we are onboarding new clients in Germany through our BaFin-licensed broker, FXFlat Bank GmbH, which Trading 212 acquired last year,” Trading 212 wrote. “Finally, Germany gets a local broker offering truly zero-commission investing.”

Acquired by Trading 212 in 2024, FXFlat Bank now offers access to shares and ETFs from major global exchanges, including Xetra, NASDAQ, and NYSE, without any order execution, settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term, or account fees.

Expansion Through FXFlat Bank

According to the company, this marks a significant move for the German market, where many investors have faced high costs associated with traditional trading platforms. According to the announcement, the new change also comes with the added security of money protection of up to €100,000 under the EdB and €20,000 under the EdW.

For those already using Trading 212, the transition to FXFlat Bank involves a process. Although a full account migration option is reportedly in progress, customers must close their current Trading 212 accounts and open new ones with FXFlat Bank.

However, some features, like the 212 debit card, are not yet available to FXFlat Bank clients. Trading 212 has confirmed that efforts are underway to introduce the card by spring 2025.

In June last year, Trading 212 obtained a crypto asset service provider license from the regulator in Cyprus. The license was reportedly acquired by a local entity named Trading 212 Crypto Ltd In May 2024. The newly formed firm is separate from Trading 212 Markets Ltd, which reportedly holds a Cyprus Investment Firm license.

FXFlat Bank, now under Trading 212, has begun offering commission-free trading services in Germany. With local regulation and full BaFin licensing, the company aims to offer a new approach to zero-commission trading for those seeking access to global markets without the usual fees.

Expanding Services in Germany

According to a LinkedIn announcement by Trading 212, its expansion into Germany enables residents to access the benefits of commission-free trading through its BaFin-licensed broker, FXFlat Bank GmbH.

“Big news for German residents! Starting today, we are onboarding new clients in Germany through our BaFin-licensed broker, FXFlat Bank GmbH, which Trading 212 acquired last year,” Trading 212 wrote. “Finally, Germany gets a local broker offering truly zero-commission investing.”

Acquired by Trading 212 in 2024, FXFlat Bank now offers access to shares and ETFs from major global exchanges, including Xetra, NASDAQ, and NYSE, without any order execution, settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term, or account fees.

Expansion Through FXFlat Bank

According to the company, this marks a significant move for the German market, where many investors have faced high costs associated with traditional trading platforms. According to the announcement, the new change also comes with the added security of money protection of up to €100,000 under the EdB and €20,000 under the EdW.

For those already using Trading 212, the transition to FXFlat Bank involves a process. Although a full account migration option is reportedly in progress, customers must close their current Trading 212 accounts and open new ones with FXFlat Bank.

However, some features, like the 212 debit card, are not yet available to FXFlat Bank clients. Trading 212 has confirmed that efforts are underway to introduce the card by spring 2025.

In June last year, Trading 212 obtained a crypto asset service provider license from the regulator in Cyprus. The license was reportedly acquired by a local entity named Trading 212 Crypto Ltd In May 2024. The newly formed firm is separate from Trading 212 Markets Ltd, which reportedly holds a Cyprus Investment Firm license.