Justtrade is a Frankfurt-based German online broker offering stocks, ETFs, and cryptocurrency at a flat €1 fee per trade. BaFin regulated and built specifically for the German market, Justtrade delivers a straightforward, low-cost investing experience. This review examines its crypto features, fee structure, and how it compares to similar platforms like Trade Republic for German investors.
Solid German broker — €1 trades, BaFin regulated, good for stocks + basic crypto investing.
Justtrade launched in Frankfurt in 2019 as part of the wave of German neobrokers challenging the established bank-based brokerage model. The core proposition is simple: €1 per trade, no account fees, and a clean web-based platform covering stocks, ETFs, and a growing cryptocurrency selection. Justtrade is regulated by BaFin and uses biw AG (Bank für Investments und Wertpapiere) as its custodian bank — a licensed German bank that holds customer assets separately from Justtrade's own finances.
Justtrade targets German investors who want a straightforward, no-nonsense broker without the bells and whistles of platforms like Scalable Capital or Trade Republic. The platform is particularly suited to investors who primarily trade stocks and ETFs, with crypto as a secondary asset class. Verify BaFin registration at bafin.de.
Justtrade offers around 15 major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and a handful of other established coins. The selection is deliberately conservative, focusing on the largest and most liquid assets rather than speculative altcoins. For investors who simply want Bitcoin or Ethereum exposure alongside stocks, this is perfectly adequate. For those wanting access to a broader crypto market, dedicated exchanges like CEX.IO (200+ coins) or Bitvavo (300+ coins) offer far more choice.
Like many German broker-style crypto offerings, Justtrade does not support crypto withdrawals to external wallets. Your crypto is held as a position within the Justtrade/biw AG custodial structure. This is a significant limitation for investors who believe in self-custody of their Bitcoin, but acceptable for those who treat crypto purely as an investment position.
Justtrade charges €1 per executed trade — identical to Trade Republic's model. This flat fee structure is excellent value for trades above €200 and represents a dramatic improvement over traditional German bank brokers charging €10–€25 per trade. For investors making regular monthly purchases of €500 or more, the annual fee savings versus a traditional broker can amount to hundreds of euros.
Justtrade accepts SEPA transfers from all German bank accounts — free of charge for both deposits and withdrawals. The platform integrates with all major German retail banks including Deutsche Bank, Sparkasse, Commerzbank, DKB, ING-DiBa, and N26. SEPA processing is efficient and reliable. Funds typically arrive within 1 business day for standard SEPA, with SEPA Instant support available at participating banks.
Justtrade operates primarily through a web browser interface. While a mobile app is available, the platform is better optimised for desktop use compared to Trade Republic (which was mobile-first from the start). The web interface is clean and functional — searches work quickly, order placement is straightforward, and portfolio tracking is clear. For investors comfortable with a browser-based approach, this works well. Those who prefer a mobile-first experience may find Trade Republic or Bison more natural.
Justtrade is best suited for German investors who primarily want a low-cost stock and ETF broker with basic crypto exposure on the side. It is particularly good for: investors who prefer desktop/web interfaces over mobile apps, those who want a simple no-frills experience without subscriptions or premium tiers, and investors building a broad stock portfolio with a small crypto allocation. Pure crypto investors would be better served by a dedicated exchange.
| Fee Type | Amount | Notes |
|---|---|---|
| Trade (Crypto/Stocks/ETFs) | €1 flat | Per executed order, all asset classes |
| Account Fee | Free | No monthly or annual account charge |
| SEPA Deposit | Free | EUR bank transfer at no cost |
| SEPA Withdrawal | Free | EUR to German bank free |
| Crypto Custody | Free | No holding fees |
| Crypto Withdrawal | Not available | No external wallet withdrawals |
Visit justtrade.com and complete the online registration. KYC verification requires your German ID or passport. The process is completed online and usually approved within a business day.
Send a SEPA transfer from your German bank account to your Justtrade account IBAN. Deposits are free. Funds are typically available the next business day. SEPA Instant is supported at participating German banks.
Use the search function to find your chosen cryptocurrency (Bitcoin, Ethereum, etc.) or stock. Place a market or limit order. The €1 fee applies per trade regardless of the amount invested.
Track your holdings in the web or mobile interface. Set savings plans (Sparplan) for automated regular purchases of your favourite crypto assets or ETFs at just €1 per execution.
