Joe Broker
Experiences, reviews and information about the provider
Details
Pros
- Brand of the supervised TARGOBANK, settlement account balances covered by statutory deposit protection up to €100,000
- Free depot opening and depot management
- Low order prices and ETF savings plans even with small instalments
- Beginner-friendly app with learning content for getting started on the stock market
Cons
- Very young offer with a short track record
- No children's, joint, second or business depots
- Trading limited to selected trading venues and partners
- Feature set leaner than at established full-service brokers
Fact sheet: Joe Broker
| Company name | Joe Broker |
| Founded | 2025 |
| Headquarters | Düsseldorf |
| Country | 🇩🇪 Germany |
| Type | neobroker |
| Website | joebroker.de * |
About Joe Broker
Joe Broker is the neobroker brand of Targobank AG, based in Düsseldorf, launched in July 2025. TARGOBANK is supervised by BaFin and the ECB; according to joebroker.de the depot and settlement account are held at Baader Bank, and balances in the settlement account are protected by the statutory deposit protection (Einlagensicherung) up to €100,000 per customer. Securities in the depot are separate from this: they remain customer property or segregated assets and do not form part of the bank's insolvency estate. Shares, ETFs, funds and derivatives are traded via partners such as Baader Bank, Société Générale, J.P. Morgan and Amundi; opening and running a depot are free. The offer targets beginners who want an app-based solution with the backing of an established branch bank.
Special features
- Brand of Targobank AG, which belongs to the French Crédit Mutuel group
- App launched in July 2025
- Trading partners include Baader Bank, Société Générale, J.P. Morgan and Amundi
- Depot and settlement account are held at Baader Bank
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