Children's brokerage account comparison: costs, savings plans and opening

11 children's brokerage accounts compared: custody, order and savings plan fees, account opening and what happens at 18 – from the providers' own price lists.

11 junior accounts
Savings plan calculator
As of 12 November 2026
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Children's brokerage accounts compared

Scalable Capital

Kinderdepot (FREE Broker)

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €0 for PRIME ETFs from €250, otherwise €0.99
  • Savings plan: €0, from €1
  • Opening: online in the app; all guardians need a Scalable account, upload birth certificate
  • At 18: child gets sole access, parents lose it
  • Cash account at 2.60% p.a. (variable)
  • Fees of selected ETFs are credited back until 18
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SMARTBROKER+

Junior Depot

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €0 via gettex from €500, below €1
  • Savings plan: €0 (executed from balance, no direct debit)
  • Opening: in the app; all guardians need their own account; only until the 16th birthday
  • At 18: account is converted to the adult child
  • Only shares, ETFs and funds
  • Up to 5 junior accounts
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Fidelity

FondsdepotJunior

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0 until the end of the year the child turns 18 (then 0.25%, €25–45/year)
  • €1,000 order: Funds and ETFs €0, no front-end load
  • Savings plan: €0, from €25
  • Opening: process not described on the product page
  • At 18: assets and responsibility pass fully to the child
  • Funds and ETFs only, no single shares
  • Custodian: FIL Fondsbank
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Consorsbank

Junior-Depot

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €0.95 (promotion for 5 years from opening, regularly from €9.95)
  • Savings plan: ETF savings plans €0
  • Opening: fill in online, send with all guardians' signatures and birth certificate by post
  • At 18: child gets own login, parental authority ends, terms remain
  • Promotion only without a Consorsbank account in the last 6 months
  • Savings account included
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S Broker

Kinderdepot Start Invest

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €0.95 (instant order, domestic venues only)
  • Savings plan: ETF and share savings plans €0, from €5
  • Opening: process not described on the product page
  • At 18: offer to switch to the “Young Invest” account (free, €0.95 per order)
  • Part of the Sparkassen group
  • No trading abroad
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Trade Republic

Kinderdepot

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €1 per order
  • Savings plan: €0, from €10
  • Opening: in the app, linked to the parents' accounts
  • At 18: sole authority passes to the child
  • Withdrawals only to linked parent accounts
  • Fees per the general price list
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ING

Direkt-Depot Junior

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €4.90 + 0.25% (€7.40 for €1,000), no venue fee in direct trading
  • Savings plan: ETF savings plans €0, from €1
  • Opening: online, sign digitally, send birth certificate by e-mail or post
  • At 18: switch to “Depot Young” (€1.90 per order until 28)
  • Junior savings account included as cash account
  • Share savings plans cost 1.5%
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flatex

Kinderdepot

with a €50 monthly ETF savings plan
€0 per year
Features
  • Custody: €0
  • €1,000 order: €5.90 + €2 third-party fee (e.g. gettex, Tradegate)
  • Savings plan: ETF and fund savings plans €0
  • Opening: online; all guardians need a flatex account, upload birth certificate
  • At 18: becomes an adult account, child has sole authority
  • Minimum savings rate inconsistent on the page (€1 or €25)
  • One account per child
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DKB

Juniordepot

with a €50 monthly ETF savings plan
€18 per year
Features
  • Custody: €0
  • €1,000 order: €10 up to €5,000 order size (Tradegate, gettex without extra fee)
  • Savings plan: €1.50 per execution
  • Opening: online in banking; requires the child's u18 current account and a parent's DKB account
  • At 18: not stated
  • No certificates, warrants or crypto
  • All guardians confirm in their own banking
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quirion

Kinderdepot (Robo-Advisor)

at €50/month and €5,000 portfolio value
€24 per year
Features
  • Custody: no custody fee; all-in fee 0.48% p.a.
  • €1,000 order: n/a (included in the all-in fee)
  • Savings plan: from €25, costs via the all-in fee
  • Opening: in the app after opening your own quirion account; ID of both parents, birth certificate
  • At 18: automatically becomes the child's own account
  • Managed investment, no single shares
  • Plus ETF product costs (approx. 0.2%)
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Scalable Capital

Kinderdepot (PRIME+ Broker)

with a €50 monthly ETF savings plan
€59.88 per year
Features
  • Custody: €0, but PRIME+ subscription €4.99/month
  • €1,000 order: €0 from €250 order size, below €0.99
  • Savings plan: €0, from €1
  • Opening: online in the app; all guardians need a Scalable account
  • At 18: child gets sole access, parents lose it
  • Only worthwhile with many single trades
  • The page does not say whether it is charged on top of the parents' subscription
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Calculator: what does your savings plan cost?

Enter savings rate, single purchases and portfolio value – the calculator shows annual fees at each provider, excluding the ETFs' ongoing costs.

ProviderFees per year

Excluding fund/ETF costs, spreads and exchange fees. Order costs for €1,000 at the cheapest stated venue; promotional prices (Consorsbank) are temporary. “not possible” = rate below the minimum. As of 12 November 2026.

In short

For an ETF savings plan in the child's name you pay no custody or savings plan fees at Scalable Capital, SMARTBROKER+, Fidelity, Consorsbank, S Broker, Trade Republic, ING and flatex. Single purchases of €1,000 cost €0 at Scalable Capital and SMARTBROKER+ (with a minimum size or venue restriction), €1 at Trade Republic. Fixed execution fees per instalment (DKB €1.50) or order prices from €7 (ING, flatex, DKB) cost more. A robo-advisor such as quirion manages the investment but charges 0.48% of the portfolio value each year.

All information comes from the providers' sites and price lists, as of 12 November 2026.

What is a children's brokerage account?

A children's brokerage account (also junior account) is a securities account in the child's name. The parents manage it as legal representatives, but the money legally belongs to the child. Money paid in is a gift and cannot simply be taken back – withdrawals are only allowed in the child's interest.

Opening usually requires the consent of all guardians; most providers ask for the birth certificate. With neobrokers such as Scalable Capital, flatex or SMARTBROKER+, the parents also need their own account with the same provider.

Child's account or parents' account?

  • Taxes: The child has its own saver's allowance of €1,000 a year. If it has no other income, a non-assessment certificate (NV-Bescheinigung) from the tax office keeps much higher investment income tax-free, because the basic tax-free allowance also applies.
  • Control: in a children's account the money belongs to the child, who controls it alone at 18. In the parents' account the parents keep control.
  • Gift tax: parents can give each child up to €400,000 tax-free within 10 years, grandparents €200,000.
  • Benefits: assets in the child's name may later count towards student grants (BAföG) or other benefits.

What happens at 18?

On the 18th birthday the parents' authority ends. Providers contact the child beforehand, ask for new identification and convert the account to the child (Scalable Capital, flatex, SMARTBROKER+, quirion, Consorsbank) or offer a switch to an account for young adults (ING “Depot Young”, S Broker “Young Invest”). At Fidelity the fee waiver ends after the year of the 18th birthday. If you want to keep some influence, talk to your child about the money early.

How we compared

We evaluated the providers' product pages, FAQs and price lists (retrieved 12 November 2026). Cards are sorted by the annual cost of a €50 monthly ETF savings plan; for the robo-advisor we assume a €5,000 portfolio. Ongoing fund/ETF costs and spreads are not included. Where a provider does not price the children's account separately, the general terms apply (Trade Republic). Not included: OSKAR (fees inconsistent on the product page), finanzen.net zero (page not accessible), growney (no account in the child's name).

Frequently asked questions

Which children's account is free?
Scalable Capital, SMARTBROKER+, Fidelity, Consorsbank, S Broker, Trade Republic, ING and flatex charge no custody or ETF savings plan fees. Only the ETFs' ongoing costs and possibly spreads apply. Single purchases cost €0 to €10 depending on the provider.
What do I need to open one?
Usually the child's birth certificate, the consent of all guardians and their identification (ID/video ident). Sole custody requires proof. Many neobrokers require the parents to hold their own account with the provider.
From what amount is a children's savings plan worthwhile?
With providers without savings plan fees from €1 (Scalable Capital, ING) or €5–10 (S Broker, Trade Republic). With percentage or fixed fees per instalment, small amounts are hit harder: €1.50 on €25 is 6% of each instalment.
Can grandparents pay into the account?
Yes, usually by transfer to the child's cash account (e.g. quirion, or ING's junior savings account). At Trade Republic deposits and withdrawals are tied to the parents' accounts. The money is then a gift to the child.
May I withdraw money from the account?
Only in the child's interest, for example for education or purchases for the child. The assets belong to the child; parents may not use them for their own purposes.
Do I need a non-assessment certificate?
A tax exemption order of €1,000 is enough for most children's accounts. If income exceeds this and the child has no other income, a non-assessment certificate from the tax office prevents withholding tax.

Sources and further information

Terms per the providers' product pages, FAQs and price lists (retrieved 12 November 2026). Promotions may end; the provider's documents are binding.

Last updated: November 2026

KB

Konstantin Botschmanowski

Finance expert ✓ Verified

Founder of kosten.org. As a former client adviser at an online broker and an active trader with more than 10 years of experience in the financial markets, I regularly rate brokerage accounts, brokers and financial products based on their published terms. My focus: transparent comparisons without hidden costs!

Updated: November 2026 Editorially reviewed 10+ years of financial market experience