What Is Flatex
Flatex, As A Brand Under Publicly Listed Company DEGIRO AG, Started Operating In The German Market In 2006, Which Is Already Dominated By Major Online Providers. With Over 30 Years Of Deep Expertise In Financial IT, Coupled With Its Own Comprehensive Banking License And Fully Integrated Business Model, Flatex Stands Out In Offering A Unique Suite Of Services To Professional Securities Trading Clients.
Is Flatex Safe Or Scam?
Flatex Offers Security Measures To Protect Investors' Assets. Securities Such As Stocks, Funds And ETFs That You Hold In Your Escrow Account Are Considered Special Assets And Are Protected In The Event Of A Broker's Bankruptcy. In Addition, Your Liquidation Account Balance Is Also Protected Through Flatex's Deposit Insurance, Which Provides Up To €100,000 In Insured Amounts. Since FlatexDEGIRO Bank AG Belongs To The Statutory Deposit Insurance Scheme, Your Escrow Account Balance Enjoys Comprehensive Protection.
To Enhance Transaction Security, Flatex Offers FlatexSecure, A Modern TAN Program That Replaces ITANCard. The Method Enables Users To Conveniently Approve Transactions Through A Dedicated App On Their Smartphone Or Tablet.
However, Flatex Currently Lacks Effective Regulation, Posing Inherent Risks To Investors. There Is Uncertainty In Investing With Flatex Without Government Or Financial Institution Group Supervision. Lack Of Supervision Means That There Is A Possibility For Platform Operators To Misuse Investors' Funds Without Any Liability. Lack Of Supervision Exposes Investors To The Risk Of Financial Loss As The Platform May Suddenly Cease Operations, Leaving Investors Vulnerable To Potential Fraudulent Activity.
Accounts
Flatex Provides Security Accounts. A Securities Account, Also Known As A Stock Account, Is A Special Type Of Account In Which No Monetary Transactions Are Recorded; Instead, It Holds Various Securities Such As Stocks, ETFs, Funds, Certificates And Leveraged Products. These Assets Are Managed Digitally Through IT Systems. Basically, A Securities Account Is The Basic Platform For Individuals Engaged In Securities Trading. It Is An Essential Tool For Accessing The Stock Market; Without It, Participation In Trading Activities Would Be Impossible.
Fees For Securities Accounts Vary From Provider To Provider. The Key Points Are:
- Custody Fees
- Order Commissions
- Other Fees Such As Third-party Fees, Spreads And Allowances
Trading Platform
Flatex Offers Its Clients A Range Of Trading Platforms Suitable For Different Trading Styles And Preferences. These Include Flatex Next, Flatex Classic, Flatex-trader 2.0 And Stock3.
Flatex Next
Flatex Next Is A Modern And User-friendly Web-based Platform Designed For Traders Who Prefer Intuitive Navigation And Easy Accessibility. It Offers A Streamlined Interface And Customizable Features That Enable Users To Easily Execute Trades, Manage Their Portfolios, And Access Real-time Market Data. With Flatex Next, Clients Can Efficiently Trade A Wide Range Of Financial Instruments And Understand Market Trends With Advanced Charting Tools And Analytical Capabilities.
Flatex Classic
For The More Experienced Trader, Flatex Classic Offers A Fully Functional Trading Platform. It Offers A Wide Range Of Trading Tools And Research Resources That Enable Traders To Conduct In-depth Analysis And Make Informed Investment Decisions. Flatex Classic Edition Is For Active Traders Who Need Advanced Charting Features, Technical Indicators And Order Types To Execute Complex Trading Strategies.
Client Server
Flatex Offers Online Chat. Through Online Chat, Customers Can Quickly Get Answers To Their Questions And Get Help Solving Any Problems. It Is A Convenient And Effective Communication Channel That Can Improve Customer Satisfaction And Increase Sales.
Clients Can Get In Touch With The Client Server Hotline Using The Information Provided Below:
Tel: + 49 9221 - 7035 897
In Addition, Clients Can Also Get In Touch With This Broker Via Social Media Such As Twitter, Facebook, Instagram, YouTube And LinkedIn.
In Addition, Flatex Has Provided A Frequently Asked Questions (FAQ) Section On Its Website To Help Clients Answer Frequently Asked Questions And Provide Relevant Information. The FAQ Section Is Designed To Address Common Questions And Concerns Investors May Have About The Company's Services, Processes And Investment Opportunities. By Providing This Resource, Flatex Aims To Provide Clients With Transparency And Clarity To Help Them Make Informed Decisions.
