flatexDEGIRO SE is a leading European online retail broker, operating primarily through its well-known consumer brands flatex and DEGIRO, as well as its professional trading platform ViTrade. The company's core business model revolves around providing low-cost, execution-only brokerage services to retail investors, enabling them to trade a wide array of financial instruments including equities, exchange-traded funds (ETFs), mutual funds, bonds, and cryptocurrencies on major global exchanges and over-the-counter (OTC) markets. The firm generates revenue primarily through commission income from securities transactions and interest income from margin loans and cash balances. Geographically, flatexDEGIRO has a pan-European footprint, serving over 3.5 million customer accounts across 16 countries, with particularly strong market positions in Germany, Austria, the Netherlands, Spain, and France. The company operates its own banking license through flatexDEGIRO Bank SE, allowing it to hold customer deposits and offer integrated financial services. By leveraging a highly scalable, proprietary IT infrastructure, flatexDEGIRO maintains a competitive edge through cost efficiency and a flat-fee pricing model, positioning itself as a comprehensive wealth-building platform for both active traders and long-term retail investors.
