6 Key Steps to Choose the Bester Neobroker for Your Investments

Video: Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+)

Sep 28, 2026 · based on the channel Geldaura

Key takeaways

Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ compared
Order fees differ significantly after the PFOF ban in July 2026
Scalable Capital offers the largest ETF savings plan selection
Highest cash interest rates depend on where money is held
Crypto offerings vary across brokers, with true cryptocurrencies available
PFOF ban shifted trading venues and pricing transparency

Choosing the bester neobroker for your investment needs involves evaluating multiple aspects including order fees, ETF savings plans, interest rates on cash, trading venues, and cryptocurrency offerings. The leading platforms Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ each excel in different areas, making the choice dependent on your personal investment profile. For a detailed comparison and registration bonuses, visit Geldaura's best online brokers 2026 comparison.

1. Understanding Order Fees and Charges

Order fees are the most immediate cost for any investor and have seen notable changes due to the PFOF (Payment for Order Flow) ban implemented in July 2026. This regulation affects how brokers route orders and earn revenue.

Trade Republic offers low flat fees with no additional small order surcharges.
Scalable Capital has no fees on free plans but charges for premium tiers, and small order surcharges are minimal.
Trading 212 provides zero commission on many trades but may impose small order fees depending on the market.
finanzen.net zero and Smartbroker+ vary their fees based on order size and market.

For example, a 200-euro order might cost only a couple euros on Trade Republic but slightly more on others depending on surcharges. Understanding these details is crucial for frequent traders or those placing small orders.

2. ETF Savings Plans: Variety and Flexibility

ETF savings plans are a popular way to build wealth steadily. The number of supported ETFs and the availability of free or low-cost savings plans differ:

Scalable Capital leads with the most extensive ETF savings plan selection, including many free options.
Trade Republic offers a solid range with some free ETF plans.
Trading 212 includes unique features like “Pies” to diversify savings plans.
finanzen.net zero and Smartbroker+ provide competitive offerings but fewer ETF options.

Choosing a broker with a broad ETF range and low fees can reduce long-term costs and improve portfolio diversification.

3. Interest on Cash Balances

Interest rates on uninvested cash vary significantly and depend on where the broker holds your money:

Some brokers pay attractive interest rates if the cash is held in partner banks or within specific accounts.
Trade Republic and Scalable Capital have introduced competitive interest offerings.
Others like Smartbroker+ may offer lower rates or none at all.

Reviewing these terms can enhance your returns on idle funds.

4. Trading Venues and the Impact of the PFOF Ban

The PFOF ban changed how brokers handle order routing and execution. This has implications for pricing, transparency, and available trading venues:

Brokers like Trade Republic and Scalable Capital have shifted towards transparent trading venues like Xetra.
Some brokers still provide access to multiple exchanges but may have different pricing structures.
The ban improves fairness but may slightly increase costs for some order types.

Understanding where and how your trades are executed is key to assessing execution quality.

5. Cryptocurrency Offerings

Crypto investment is increasingly popular, but offerings vary:

Trading 212 offers access to real cryptocurrencies, not just CFDs.
Trade Republic also supports select cryptos.
Others may limit crypto trading or provide only derivatives.

If crypto is a significant part of your strategy, check which broker supports genuine crypto assets with the best fees and security.

6. Tax Reporting and Security Checks

All leading neobrokers provide tax reporting to comply with national regulations, though the ease and detail vary.

Trade Republic and Scalable Capital have user-friendly tax documents.
Security measures such as two-factor authentication and segregated client accounts are standard.

Ensuring your broker meets high security and tax compliance standards protects your investments and simplifies year-end processes.

Useful Links

Итог

Choosing the bester neobroker depends on your trading frequency, investment style, and preferences for ETFs, crypto, and cash management. Trade Republic shines with low fees and simplicity, Scalable Capital excels in ETF diversity and interest, while Trading 212 is notable for crypto and innovative savings plans. The PFOF ban in 2026 reshaped costs and trading venues, so staying updated is essential. For an in-depth and regularly updated comparison, visit GeldAura’s site and consider their expert evaluations. This article is based on the comprehensive analysis by the Geldaura channel.

Questions & answers

What impact did the PFOF ban have on neobrokers?

The PFOF ban stopped brokers from receiving payments for order routing, leading to more transparent trading venues like Xetra. It increased fairness but sometimes raised costs for small orders.

Which neobroker offers the most ETF savings plans?

Scalable Capital offers the largest variety of ETF savings plans, including many free options, making it attractive for investors focusing on ETFs.

Do all neobrokers provide real cryptocurrencies?

No, only some like Trading 212 and Trade Republic offer genuine cryptocurrencies. Others may only provide crypto derivatives or CFDs.

How do neobrokers handle tax reporting and security?

Leading neobrokers provide compliant tax reports and implement strong security measures such as two-factor authentication and segregated client accounts to protect investors.

Source: Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+) · Markdown version