AGORA direct review 2026

AGORA direct generally charges no fee for depot and account management. There is an exception for inactive accounts: if there is no trading in a month and the cash balance is below €1,000 at the same time, the broker charges an account fee of €1 a month (as of 09/2026). There is no minimum deposit to open an account; unlike with other introducing brokers, you can start from €0. A separate current account at another bank is not required. The settlement account is run as part of the brokerage account and also costs nothing. Scoring (15/20): Because the fee-free status depends on a condition – trading activity or a €1,000 cash balance – we award 10 out of 15 points rather than the full score. The fact that no additional current account is needed earns the full 5 points.

AGORA direct trades shares and ETFs in Germany and many other European countries from €3.85 per order. For trading via Xetra, the broker quotes 0.14 percent of the order volume with a minimum of €5.50; a €500 order therefore costs €5.50 there. It is cheaper on US exchanges, with a minimum of €2.50 and volume-dependent per-share rates. There is no special rate for savings plan executions: the order fees for savings plans are the same as the regular order fees for shares and ETFs. A €400 savings plan instalment therefore costs at least €3.85 – around 1 percent of the instalment, which is expensive compared with neobrokers and direct banks. Trading via Xetra is possible. Scoring (8/25): For executing a €400 ETF savings plan from €3.85 we award 3 out of 12 points (the up-to-€5 level). For the €500 one-off investment from €3.85, or €5.50 via Xetra, we award 2 out of 10 points (the up-to-€7 level). The option of a Xetra order earns the full 3 points.

AGORA direct offers savings plans on over 14,500 products, including American and European shares and ETFs. The intervals are unusually flexible: daily, weekly, monthly, quarterly, half-yearly or yearly. You can start from €10 a month. The weak point is the cost side. Free ETF savings plans, which are standard at neobrokers and many direct banks, do not exist at AGORA direct – every execution is charged at the regular order fee. The broker also does not break down how many of the 14,500 products eligible for savings plans are ETFs, so we cannot award the full score. Scoring (8/20): For the number of ETF savings plans we award 5 out of 8 points (the 1,000-and-above level), because AGORA direct does cite over 14,500 products eligible for savings plans including ETFs but does not state the ETF share. For free ETF savings plans there are 0 out of 7 points, since there are none. The minimum savings rate of €10 earns 3 out of 5 points.

Through its link to Interactive Brokers, customers get access to more than 175 exchanges in over 40 countries. AGORA direct itself speaks of millions of tradable securities and lists shares, ETFs and ETCs, funds, options, futures, CFDs, bonds, warrants and certificates, over 100 currency pairs, precious metals, agricultural products and commodities, as well as crypto products. That makes the offer one of the broadest available in the German-speaking world and covers all the asset classes checked by our methodology. The broker also offers funds and ETFs with discounted front-end loads. Scoring (15/15): Access to over 175 exchanges with millions of securities meets the top level both for tradable ETFs (6 points) and for tradable shares (6 points). Because crypto products, derivatives and bonds are all tradable, the full 3 points are awarded here too.

AGORA direct has a page on fees and interest on its own website but publishes no credit interest rate on the settlement account that we can verify. In the presentation available to us, it instead points out that balances may also be charged negative interest in line with the rules of the relevant national central bank. We could not verify a credit interest rate of at least 1 percent, the level from which our methodology awards points. The broker does not advertise a new-customer bonus – for example a reward for opening a depot or transferring one in. We found no such promotion in our research. Scoring (0/8): Because no credit interest of at least 1 percent can be verified, we award 0 out of 5 points. As no new-customer bonus is advertised, there are also 0 out of 3 points here. Both ratings are expressly based on missing public information, not on a proven exclusion.

AGORA direct provides a smartphone app for trading on smartphone and tablet, supplemented by the desktop trading platform. We could not find reliable ratings from the App Store or Google Play; the full score, which requires a rating of at least 4.5 stars, can therefore not be verified. For price data, the broker works with paid packages. AGORA direct does list a number of free real-time prices, but real-time prices from all US exchanges cost US$10 a month. Free real-time price coverage for all relevant exchanges is therefore not available. Scoring (3/8): For the app we award 3 out of 5 points because it is available on smartphone and tablet, but we cannot verify a rating of at least 4.5 stars. For free real-time prices there are 0 out of 3 points, as the relevant packages are paid.

AGORA direct highlights its German-language support as a key difference from direct access to Interactive Brokers. On trading days, trained staff are available by phone for questions. We found no premium-rate number; telephone contact is via a regular number. Scoring (4/4): German-language phone support available on trading days with no premium-rate number earns the full 4 points.