These are the best apps for your investment

Online brokers are a serious alternative to the classic investment depot at the bank. Especially in times when account fees are making an inglorious comeback and inflation is constantly climbing to new heights, consumers are looking for ways to keep their money together. Investing via smartphone is therefore currently more attractive than ever: these are the best online brokers in 2022.

Inflation is high, the costs for bank accounts are rising – it is not easy to make a plus when investing. Especially in this time, alternatives are attractive that come along with low costs and still promise returns. Whether trading platform, online or neo-broker, the selection is growing.

These are the best online brokers of 2022

The financial consultancy FMH from Frankfurt has therefore 16 current providers examined and selects the best offers to invest your money online. For the analysis, the user-friendliness and the conditions of the providers were compared and rated from “very good” to “okay”.

These are best online brokers 2022:

• Smartbroker depot from Smartbroker: grade “very good”
• Free brokers from Scalable Capital: Grade “Very Good”
• depot of Trade Republic: grade “very good”
• IBKR Interactive Brokers Client Account: Grade “Good”
• Depot of finance net | zero: grade “good”
• Flatex Depot from Flatex: Grade “Good”
• Onvista bank depot from Onvista bank: grade “good”
• Depot from S Broker: Grade “Good”
• Degiro Basis by Degiro: Grade “Good”
• Depot of Just Trade: Grade “Good”
• Trader Depot from CapTrader: Grade “Good”
• Trader Workstation from FXFlat: Grade “Good”
• Wo-Capital Depot by Wall Street: online capital: “Okay”
• Banx Broker Cash Depot: Grade “Okay”
• Genobasis Depot by Geno Broker: Grade “Okay”
• Lynx Broker Securities Account: Grade “Okay”

The pure online providers Smartbroker, Scalable Capital and Trade Republic ended up on the podium. Such so-called Neobrokers “almost always win due to their low costs”, explains Beate Balke from FMH (source: Handelsblatt). The first places convince with a free depot and low additional costs. But there are differences. The costs per order and transaction are between EUR 0.99 and EUR 4.

For the low costs, users often need a small selection of trading venues accept. According to the Handelsblatt, the winner in the comparison offers all domestic electronic trading places, but your trades above a stake of 500 euros are only free via gettex. If you don’t choose, you may pay higher prices for shares or ETFs than elsewhere. We have summarized everything else you need to know about investment apps in a separate article.

In addition to classic one-off purchases, the experts at FMH also value savings plan offer. Here, too, the three winners are ahead. So there is a lot to be said for taking a closer look at the winners in comparison when looking for the right provider.

Invest in share savings plans with Trade Republic – this is how it works:

Investing with your smartphone: consumer protection calls for caution

However, you should be careful with fast and simple investment systems such as Neobroker. “The partly playful character can tempt one or the other to act more than makes sense,” says Katharina Lawrence from the consumer advice center in Hesse. The investment via Neobroker is associated with a risk of total loss. Investors should therefore pursue their goals over the long term.