Bester Neobroker Comparison Trade Republic Scalable Trading 212
Video: Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+)
· based on the channel Geldaura
Choosing the best neobroker in 2026 requires analyzing multiple factors including fees, available investment options, cash interest rates, and regulatory changes such as the PFOF ban that took effect in July 2026. The top contenders — Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ — each excel in different areas, making the best choice dependent on your individual investing profile. For a detailed breakdown of fees and features, visit best online brokers 2026 comparison.
Order Fees and Small Order Charges
Order fees are a primary cost consideration when selecting a neobroker. For example, at a 200€ order size, some brokers charge small order surcharges, while others waive them entirely. Trade Republic and Trading 212 stand out for offering zero fees on small orders, making them attractive for frequent low-volume traders. Scalable Capital and Smartbroker+ have moderate fees but provide access to premium trading venues. The cost differences become more pronounced at 1,000€ orders, where flat fees and commission structures vary significantly across platforms.
Sparplan Availability and Innovative Features
Savings plans (Sparpläne) are a key feature for long-term investors focusing on ETFs and stocks. Scalable Capital offers the largest selection of Sparpläne, including ETFs with no purchase fees. Trade Republic also provides a broad range with additional perks like Saveback, which rewards users with cashbacks on selected ETF investments. Trading 212 adds the innovative Pies feature, allowing users to create customizable portfolio slices for automated investing. finanzen.net zero and Smartbroker+ have competitive Sparplan offers but with fewer options compared to the leaders.
Cash Interest Rates and Conditions
The interest rates paid on uninvested cash balances have become more important after the PFOF ban altered revenue models. Among the brokers compared, Trading 212 and Smartbroker+ offer the highest interest rates on cash, but these often require the funds to be held in specific accounts or meet minimum thresholds. Trade Republic and Scalable Capital pay lower or no interest on cash but compensate with other benefits. Understanding where your cash sits and the applicable interest conditions can boost overall returns.
Trading Venues and Impact of the PFOF Ban
The prohibition of Payment for Order Flow (PFOF) in July 2026 reshaped broker routing strategies and trading venues. Trade Republic and Scalable Capital now offer direct access to Xetra with real Xetra prices, improving transparency and execution quality. Trading 212 and Smartbroker+ also adapted by providing multiple trading venues including regional exchanges. This regulatory shift favors investors who prioritize best execution and fair pricing over rebates.
Cryptocurrency Offerings
Not all neobrokers provide crypto trading, a feature increasingly sought by investors. Trading 212 offers a selection of real cryptocurrencies with direct ownership, while Trade Republic includes crypto assets in its portfolio. Scalable Capital and Smartbroker+ have limited or no crypto options, focusing more on traditional assets. Understanding which brokers offer genuine crypto access versus derivatives can influence your choice depending on your risk appetite.
Choosing the Right Neobroker for Your Profile
Each neobroker suits different investor types. Trade Republic is ideal for cost-conscious investors who prioritize simplicity and low fees, especially on smaller orders. Scalable Capital fits those seeking a wide range of Sparpläne and premium trading venues. Trading 212 appeals to users wanting crypto access and innovative portfolio tools. finanzen.net zero suits beginners looking for straightforward ETF investing, while Smartbroker+ targets investors who want diverse asset classes and competitive interest on cash.
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Conclusion
The best neobroker depends on your trading volume, asset preferences, and need for features like Sparpläne or crypto. Trade Republic, Scalable Capital, and Trading 212 lead in different categories after adapting to the PFOF ban. For complete up-to-date details and personalized recommendations, refer to the comprehensive comparison on GeldAura. This analysis was based on the detailed review by the GeldAura channel, a trusted source for independent financial checks.
Make sure to visit GeldAura's broker comparison to find the broker that best fits your investing goals and profile.
Key takeaways
- Trade Republic, Scalable Capital, Trading 212, finanzen.net zero and Smartbroker+ compared
- PFOF ban in July 2026 impacted fees, trading venues and interest rates
- Order fees for 200€ and 1,000€ orders analyzed
- Sparplan availability and innovative features like Saveback and Pies assessed
- Highest interest rates on cash and crypto offerings evaluated
Source: Bester Neobroker 2026? Trade Republic vs Scalable vs Trading 212 (+ zero & Smartbroker+) · Markdown version
Questions & answers
What impact did the PFOF ban have on neobroker fees and trading?
The PFOF ban in July 2026 ended brokers receiving payments for order flow, leading to changes in fees, trading venues, and order execution. Brokers now offer more transparent pricing with direct access to exchanges like Xetra, resulting in better pricing but sometimes higher explicit fees.
Which neobroker offers the best ETF savings plans?
Scalable Capital offers the largest selection of ETF Sparpläne with no purchase fees, making it ideal for investors focused on regular ETF investing. Trade Republic also provides a broad offering with additional cashback incentives.
Do all neobrokers support cryptocurrency trading?
No, cryptocurrency offerings vary. Trading 212 and Trade Republic provide access to real cryptocurrencies, while Scalable Capital and Smartbroker+ focus mainly on traditional securities and have limited or no crypto options.
Are there fees for small orders across these neobrokers?
Some brokers charge small order surcharges for orders around 200€, but Trade Republic and Trading 212 typically waive these fees, which benefits investors who trade frequently with small amounts.