flatexDEGIRO Bank AG

flatexDEGIRO Bank AG is a German credit institution with a full banking license that operates the brokerage, cash management, and custody infrastructure behind the flatex and DEGIRO brands for retail and professional clients across multiple European markets. The bank is supervised by BaFin and the Deutsche Bundesbank and provides services into the EEA via passporting. Client money held as deposits is covered by Germany’s statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken, EdB) up to EUR 100,000 per depositor per institution; eligible claims from investment services are covered by statutory investor compensation up to 90% (capped at EUR 20,000). Securities are held in segregated custody and are not part of the bank’s insolvency estate; depending on account type, securities lending to third parties may occur (DEGIRO offers a custody account type that excludes lending). The product range includes exchange-traded equities, ETFs/ETCs, mutual funds, bonds, options, and futures on major European venues and selected U.S. markets, with standard order types (market, limit, stop variants) and margin financing where permitted. Accounts use EUR IBANs for SEPA transfers; multi-currency settlement is supported with conversions at published spreads. Pricing is brand- and market-specific and typically combines per-order charges with exchange and third‑party fees, plus additional charges for services such as live data, currency conversion, phone orders, or certain corporate actions. Trading access is provided through proprietary web and mobile platforms; the bank also handles clearing, settlement, corporate actions, tax withholding/reporting where applicable, and produces regulatory disclosures and Pillar 3 information as required. The bank is a wholly owned subsidiary of flatexDEGIRO AG.