Traders Place review 2026

Depot management at Traders Place is free, as is the settlement account. In the terms sheet, under "Securities custody (Baader Bank)", both items are expressly marked "free" – with no minimum turnover, no minimum balance and no subscription model. There are also no charges for setting up limits, changing or cancelling orders, subscribing to new issues or mandatory corporate actions. A current account with the provider is not required. Deposits and withdrawals run through the settlement account held at Baader Bank, which automatically comes with the depot and costs nothing; nobody has to open an additional account. Only special cases carry a charge, such as written orders at €25 and voluntary corporate actions and stock dividends at €0.50 each. Scoring (20/20): The unconditionally free depot management earns the full 15 points. Because no current account with the provider is needed, the full 5 points of the second criterion are added.

Via the exchange gettex and Baader direct trading, orders in shares, ETFs, funds and bonds from €500 market value cost €0.00. The terms sheet reveals the mechanics: Traders Place is entitled to a €2.65 brokerage fee and Baader Bank to a €0.50 settlement fee, together €3.15, which are offset by a rebate from Baader Bank of the same amount. Below €500 market value, a small-order surcharge of €0.95 applies. A one-off investment of exactly €500 is therefore free of charges, leaving only the usual market spread and any taxes. Savings plans are free of charge with the premium partners Amundi, DWS, DJE, DWS Xtrackers, Invesco, iShares and Vanguard, as are all share and crypto ETP savings plans; other ETF and fund savings plans cost €0.50 per execution. All 2,330 ETF savings plans offered run through the premium partners and are therefore free of execution charges – a €400 instalment costs €0. Other trading venues are more expensive: Tradegate €5, LSX Lang & Schwarz €6, other domestic exchanges €5.50, Xetra Frankfurt €2 plus 0.01 percent (minimum €3) plus venue-dependent charges. Abroad, €3 plus a volume-dependent Baader share applies, and in the USA around 0.015 percent with a minimum of US$4.25. Scoring (25/25): The €400 ETF savings plan is free and earns the full 12 points, and the €500 one-off investment via gettex or Baader direct trading likewise the full 10 points. Xetra Frankfurt is available as a trading venue, which earns the remaining 3 points. The fact that Xetra, at a minimum of €5 in total costs, is considerably more expensive than gettex is not assessed by the methodology at this point.

Traders Place gives the savings plan offer exactly: 2,330 ETF savings plans, 8,046 share savings plans, 411 fund savings plans and 13 crypto ETP savings plans, together around 10,800 securities eligible for savings plans. For all 2,330 ETF savings plans from the premium partners Amundi, DWS Xtrackers, iShares and Vanguard there is no execution charge; only the usual market spread and third-party payments remain as indirect costs. The minimum instalment is €1 per savings plan. Execution is monthly, every two months, quarterly, half-yearly or yearly; with a monthly savings plan, all offered execution days per ISIN can also be combined, which makes weekly or fortnightly rhythms possible. An annual increase by a percentage of your own choosing can also be set, and changing, pausing and deleting all work online. Scoring (20/20): 2,330 ETF savings plans are above the 2,000 threshold and earn the full 8 points. Because all 2,330 run with no execution fee, the criterion for free ETF savings plans also gets the full 7 points. The minimum instalment of €1 meets the top level and gives 5 out of 5 points.

The provider cites around 3,000 tradable ETFs and over 40,000 tradable shares on around 40 German and international trading venues, including NYSE, NYSE Arca, Nasdaq, London and Tokyo. Also tradable are over 10,000 bonds with no transaction charges via gettex or Baader direct trading, and over 14,000 funds with no front-end load via the fund company, though with €6.75 order charges there. Derivatives in the form of investment certificates, warrants and leveraged products are available on and off exchange via the premium partners BNP Paribas, Morgan Stanley, Société Générale and Vontobel (€0) and UBS (€1). Traders Place covers crypto assets with 59 genuine crypto assets held in Germany at BaFin-supervised Tangany GmbH; trading costs 0.9 percent of market value and is open only to customers resident in Germany. Trading hours of 7:30 am to 11:00 pm on weekdays and 2:00 pm to 7:00 pm on Saturdays via Baader Trading are longer than average, and crypto assets run around the clock. Scoring (15/15): Around 3,000 ETFs exceed the 2,000 threshold and give 6 out of 6 points, and over 40,000 shares are far above the 7,500 threshold and likewise bring 6 out of 6 points. Since crypto assets, derivatives and bonds are all three tradable, the combined criterion gets the full 3 points.

For the EUR settlement account, Traders Place expressly states a credit interest rate of 0 percent p.a. in the special terms to Baader Bank's price and service list. Anyone who wants to park money at interest must transfer it to the separate savings account, also held at Baader Bank: there it pays 2.25 percent p.a. (variable) on balances up to €1,000,000, but only from a minimum deposit of €5,000, with quarterly interest credit and limited until 31.12.2027. Payments into the savings account are only possible from the Traders Place settlement account. Because our methodology expressly assesses the interest on the settlement account and this is verifiably 0 percent, we award no points here – the savings account is a product in its own right with its own entry hurdle. There is a new-customer bonus: €60 in the form of units of the Xtrackers II EUR Overnight Rate Swap UCITS ETF. The conditions are opening a depot as a new customer from 01.10.2025, at least three trades of €100 market value each within 45 days, and a portfolio value of at least €1,000 at the time the bonus is allocated; the promotion does not apply to children's and joint depots. Scoring (2/8): The credit interest rate of the settlement account is 0 percent and gives 0 out of 5 points. The new-customer bonus of €60 meets the €50 level and brings 2 out of 3 points.

Traders Place offers both a smartphone app for iOS and Android and a full web customer portal. Both show the portfolio including profit and loss display, watchlist, price alert, charts including a pro chart, and security and derivatives search. Order types available are market, limit, trailing stop and a quote-request order with a response time of around seven seconds. On the Apple App Store the app scores 4.4 stars from 1,844 reviews, and on Google Play 4.4 stars from 2,130 reviews (retrieved on 15.09.2026). The provider makes no reliable statement on free real-time prices. On the contrary: the public price pages under "Prices & markets" carry a note that all price information is delayed in line with the rules of the relevant exchange. We could not find a commitment on the provider's pages that customers get real-time prices free of charge in the app or web portal – we therefore award the lowest level and expressly point out that this is an assessment of transparency. Scoring (3/8): App available on both platforms, but with 4.4 stars just below the 4.5 threshold – this gives 3 out of 5 points. Because free real-time prices cannot be verified and the published prices are explicitly delivered with a delay, there are 0 out of 3 points.

The contact page names exactly three routes: chat via the website and app, a callback service via an online form, and the email address kundenservice@tradersplace.de. The service can be reached Monday to Friday from 9:00 am to 4:30 pm. Traders Place does not publish a service phone number that customers can call themselves – phone contact only comes about if you request a callback beforehand, stating the topic and your concern. From a regulatory perspective, Traders Place is a German securities institution without a banking licence of its own; the account and depot run at Baader Bank AG. Balances in the settlement account are legally protected up to €100,000, and beyond that the deposit protection fund of the Bundesverband deutscher Banken applies, of which Baader Bank is a member. Securities are customer property and do not form part of the insolvency estate. Baader Bank handles German tax deduction automatically: an exemption order (Freistellungsauftrag) and a non-assessment certificate (NV-Bescheinigung) can be filed, and the annual tax certificate is provided digitally from the end of the first quarter of the following year. Scoring (2/4): Because there is no hotline you can call, only a free callback service with limited service hours, we award the middle level for phone support, 2 out of 4 points.