Investing in Germany is no longer limited to walking into a bank or calling a broker to invest money. Thanks to growing technology, there are popular investment apps in Germany that have made it easy to invest and trade on the stock market from the comfort of your own home, right from your phone. These investment apps have made it easy for German residents, from students to working professionals, to start on their investment journey.
With so many investing apps out there, it can be tricky to figure out which app suits you best. While some apps focus on low transaction fees, some emphasise advanced features, and others prioritize an easy-to-navigate user experience. To make things easier for you, we’ve curated a list with a detailed explanation of the popular investment apps in Germany, breaking down all you need to know about them.
1. DERIGO
Not only is DERIGO Europe’s leading online broker, it’s also one of the popular investment apps in Germany, known for its low-cost trading model. DERIGO offers investors access to a wide range of markets, including stocks, bonds, ETFs, options, and mutual funds.
One of the attractive features of the DERIGO investment app is its user-friendly interface, which features a blue and white design that is easy to use and navigate. A DERIGO investment account is easy to set up on the app. Simply download the app from the Google Play Store or App Store. You also need to verify your identity, after which you can deposit funds and start trading immediately.
With the Germany DERIGO investment app, you can buy and manage your investment instruments such as stocks, ETFs, and others. You also gain exposure to international markets, including those in North America, Oceania, and Asia. DERIGO does not require a monthly subscription and offers low transaction fees, making it an ideal choice for new traders.
Aside from trading and investing, the DERIGO app provides users with data and tools that cater to both beginners and experts, enabling them to broaden their knowledge. On the app, you will find various information regarding investments, including company profiles, financials, and key ratios. There are also articles and videos on the app to get you started on your investment journey with DERIGO.
2. Scalable Capital
Founded in 2014, Scalable Capital is a Germany-based investment app that offers a range of services. This includes self-directed brokerage, an automated robo-advisor, and a fully licensed German direct bank. This bank not only serves users in Germany, but also serves customers in France, Austria, the Netherlands, Spain, and Italy, while offering excellent customer service.
The Scalable Capital app is a user-friendly platform and a popular investment app in Germany. It offers an amazing user experience and easy access to financial instruments, stocks, ETFs, index funds, and cryptocurrencies, offering suitable options for both beginners and experienced investors. If you are concerned about the safety of your funds with Scalable Capital, you can be assured that the app is highly regulated. This allows users to invest in a wide range of investment vehicles with low fees and strong user protection.
To get started, you can sign up through the Scalable Capital app or website. Scalable Capital offers a free basic plan, with a €0.99 trading fee attached to each trade. It also provides a PRIME + broker subscription for €4.99 per month. Thus, PRIME + subscription plan offers unlimited free trades for transactions of €250 or more; you also get interest on your cash and other benefits. Automated funding is also allowed, where funds are directly deducted from your bank account to your Scalable Capital account automatically.
3. eToro
Hassle-free payments, low trading fees, that is what you get by investing using the eToro app. eToro, popularly known for its stock trading, is a beginner-friendly app, as it gives the option of social trading. Social trading involves copying the trades of other experienced investors in real time. This serves only as a guide and not as investment advice.
Before you start making deposits and investing, you need to sign up first. Afterward, you will verify your identity with a bank-issued identification, and then you’re good to go. All you need to do is download the eToro app from your mobile app store, then create an account, sign in, and verify your identity. You can also link a debit card from your bank account while you set up a recurring deposit.
You can then invest in a variety of assets, including real stocks, ETFs, and cryptocurrencies, all within the user-friendly app interface. With the eToro app, you can be assured that your stock and ETF assets are well secured as they are held in a separate account with a custodian bank for security reasons. Likewise, your investments are protected up to €20,000 by the Cyprus Investor Compensation Fund (ICF).
4. Saxo Market
Saxo Market is another popular investment app in Germany that makes investing a breeze. With the Saxo Market investing and trading apps like the SaxoInvestor and SaxoTraderGO, you can trade stocks, ETFs, futures, forex, and other assets. Known as an online broker for stock trading, you can access over 50 global markets by using the Saxo Market app.
Getting started is pretty straightforward. To get started, simply download the app, sign up, complete the verification process, and then you can begin depositing funds. If you prefer a simpler option for long-term investing, consider the SaxoInvestor app. Similarly, if you want something more advanced, with in-depth analysis and fast-paced trading, then you might want to consider the SaxoTraderGO app.
With any of the Saxo Market apps, you can monitor your investment while you trade at market prices. Not only can you use the apps to find investment options, but you can also receive in-depth analysis from Saxo’s in-house strategy research team, which is an excellent feature for investors, especially those who are beginners.
5. Interactive Brokers
Talk of an intuitive and efficient trading app, Interactive Brokers is an app you shouldn’t sleep on. If you’re an investor who prefers buying and selling assets to fit short-term gains, this might be the best investment app for you. Interactive Brokers is a popular investment app in Germany and is globally recognized as well.
Using Interactive Brokers provides access to a diverse range of markets, including stocks, Exchange-Traded Funds, bonds, and forex. With its bold red color, the user interface is assured and easy to navigate. Just like other investment apps, you need to download the app, sign up, and verify your identity before proceeding to fund your account.
What sets this apart is its professional details. Some of the key and advanced features of the app include the ability to monitor market activity and trade with real-life quotes and charts. Does this mean the Interactive Brokers app is not accessible to beginners? No! If you’re just starting out, you can very much use the app; you only have to research, learn, and lean on detailed investing tips that can build your trading and investing confidence.
6. Plus 500
Plus500 is a trading app that has built its reputation around Contracts for Difference (CFDs), giving users access to over 2,000 financial assets. Some of these financial asset classes include global stocks, indices, commodities, foreign exchange, and cryptocurrencies.
To get started, you need to download the Plus500 app, complete the account registration and identity verification, and deposit funds. From there, you can begin trading CFDs directly, with the option to practice first using a free demo account. If you’re a beginner and you want to explore the app without any financial risk, learning with a demo account can help you achieve that.
One of the main attractions of Plus500 is its simplicity and ease of use. Its appealing and usable interface is designed for short-term investment for traders who want short-term gains. With Plus500, you don’t have to worry about monthly subscriptions, as it is free to use the app. Additionally, Plus500 offers multiple deposit and withdrawal options, including credit or debit cards, bank transfers, and other payment methods.
Using this app, you can make money as an investor through spreads, overnight funding costs, and currency conversion fees. Likewise, you can start trading without worrying about fixed costs. However, it’s important to know that actively trading can accumulate expenses over time.
7. Trading 212
A clean, intuitive, and user-friendly interface is what the Trading 212 app features. With its easy-to-navigate interface, Trading 212 allows users easy access to their trading accounts. You can easily view both your invested and uninvested funds and also discover various financial instruments like stocks, ETFs, Forex, and commodities that you can put your money into.
Another feature that makes Trading 212 one of the most popular investment apps in Germany is the data and information it provides. The best part of the Trading 212 app is that you can connect with like-minded people while accessing their insights and investing tips that help you trade or invest wisely. You can download the Trading 212 app, register, and begin your investment journey.
8. Solidvest
Created by DJE Kapital AG and using the FMM method, this financial app is one of Germany’s most popular investment apps with great customer service. Unlike many robo-advisor that relies mostly on ETFs, Solidvest allows investors to build their portfolio from selected individual stocks and bonds.
Solidvest is a user-focused app that ensures you complete a questionnaire upon signup. This is to determine your goals and risk appetite, after which you will be matched with an investment strategy. These strategies range from conservative to growth-focused portfolios.
After your registration and investment strategy matching, you have to provide your digital signature to sign the asset management contract and other documents. Once this is done, a digital securities account will be opened for you at a custodian bank. It is essential to note that Solidvest implements your investment strategy on your behalf, managing your securities and requiring no further action from you.
The minimum investment with Solidvest is €10,000 with a monthly savings plan, while the minimum for a one-time investment is €25,000. Likewise, you don’t need to pay a subscription fee. However, you will be charged an annual percentage fee based on the value of your assets under their management. Also, the custodial bank charges a custody fee.
9. ING Direkt-Depot
The ING Direkt-Depot is the investment arm of ING, a global and trusted financial institution in Germany. With the ING Direkt-Depot, you can trade different financial products as an investor. This includes stocks, bonds, ETFs, funds, and other financial instruments. One of the advantages of using this app is that your brokerage account can be integrated with ING’s banking services, which is a 2-in-1 package. Thanks to this, users can manage their savings, current account, and investment all in one app.
This investment app features interactive charts, a watchlist, and a secure login, ensuring a smooth experience while using the app. Not every investor wants to actively trade and monitor their investment. In this regard, the ING Direkt-Depot app offers the Smart Invest tool, a robo-advisory tool that allows a hands-off approach. This tool helps you create and manage a diversified portfolio based on your risk profile.
The ING investing app also offers an automated service, allowing you to put your investment contribution on autopilot. After downloading the app and during signup, you will have to answer a brief questionnaire about your financial goals and how long you’re willing to keep your investment.
You don’t have to worry about high trading commissions as ING Direkt-Depot offers a reduced commission on trading ETFs and stocks. Similarly, there’s no subscription or platform fee attached to using the app. Overall, the ING investment app makes investing easy. Although transactions like ETF savings plans are commission-free, this online broker charges trading fees based on the exchange and the size of your trade.
10. Trade Republic
Instead of dealing with overwhelming investing apps and trading platforms with complicated interfaces, using Trade Republic makes things easier. Trade Republic offers a simple and sleek user interface. It is designed with beginners in mind, so you trade without difficulty. This makes it one of the most user-friendly platforms among the popular investment apps in Germany.
Setting up a trading account with this app is quite easy. Download the app, sign up, verify your identity, and start trading directly with your mobile phone. Using the Trade Republic app, you can invest in stocks, ETFs, bonds, cryptocurrencies, and other investment types. Likewise, Trade Republic allows for fractional shares investing. Just like ING Direkt-Depot, Trade Republic serves as both a banking platform and an investment platform.
You can easily set up your online trading account for free without having to deal with monthly or annual subscriptions. The low account minimums and affordable transaction fees of €1 make the Trade Republic app a worthwhile option. Regarding the security of funds, Trade Republic is regulated by the German authorities. Likewise, your money is protected by a deposit guarantee scheme.
Conclusion
Being prepared to start investing is not enough; you need the right platform to help you achieve your investing goal. If you reside in Germany and you’re looking for platforms that can help you grow your money, any of these popular investment apps in Germany can be your investing buddy. What you need to do is compare their features, subscriptions, and trading transaction fees. Doing this will help you choose the one that suits you best.
