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How to Buy Stocks in Germany in June 2022


In this beginner’s guide, we explain how to buy stocks in Germany with a regulated online broker without paying any commission.

We also explore the best share brokers to consider and offer insight into the benefits and risks of creating a stock portfolio in today’s market.

How to Buy Stocks in Germany

For a quick overview of how to buy stocks in Germany, consider following the step-by-step walkthrough below.

  • Step 1: Open an eToro Account
    To buy stocks in Germany without paying any commission, eToro is the best broker for the job. Open an eToro account by entering some personal information and contact details. Choose a username and password to complete the account registration process.
  • 💳 Step 2: Deposit Funds
    eToro requires a minimum first-time deposit of $50 (about 47 EUR) from German traders. Enter the desired deposit amount and choose from a debit/credit card, Paypal, bank transfer, or any other supported payment type.
  • 🔎 Step 3: Search for Stock
    Click on the ‘Discover’ button followed by ‘Stocks’. This will display the full list of stocks that eToro lists. Alternatively, type in the name of the stock into the search bar.
  • 🛒 Step 4: Buy Stocks 
    Click on the ‘Trade’ button and an order box will appear. Type in the desired investment stake from $10 (about 9 EUR) and click ‘Open Trade’ to place the order. If the stock markets are open, the trade will be opened immediately.

We explain how to buy stocks in Germany in more detail further down within this guide.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Where to Buy Stocks in Germany – Best Stock Brokers Reviewed

Before buying stocks in Germany, investors will need to spend some time choosing a suitable broker – of which there are many.

When considering where to buy shares in Germany, look for brokers that offer low trading fees and support for thousands of domestic and international equities.

It is also wise to explore what payment types the stock broker accepts and what the minimum investment requirement amounts to. Below, the best places to invest in shares in Germany are discussed via comprehensive reviews.

1. eToro – Overall Best Stock Broker Germany 

eToro is an online broker that offers a variety of asset classes. In addition to stocks, this is inclusive of ETFs, cryptocurrencies, forex, commodities, and indices. Those looking to buy stocks in Germany will be pleased to know that eToro offers 0% commissions across all supported equities. 

This includes more than 100 companies listed on the Frankfurt Stock Exchange – such as Siemens, Mercedes-Benz, BMW, and Bayer. Outside of the German marketplace, it is also possible to invest in stocks from the US, UK, Canada, France, the Netherlands, Saudi Arabia, Hong Kong, and more. 

The minimum investment required when users buy shares on eToro is just $10. This is the case regardless of how much the stocks are trading for, as eToro supports fractional shares. In buying dividend stocks here, German traders will receive their share of any payments directly in their eToro account.

metaverse stock price

Those with little to no experience in online stock trading might consider a Smart Portfolio. From a minimum investment of $500 (about 470 EUR), Smart Portfolios are diversified baskets of stocks that aim to track a specific market – such as Big Tech, China, renewable energy, e-commerce, or dividend aristocrats.

Either way, the Smart Portfolio will be managed by the eToro team, which allows German investors to trade passively. Another way to invest passively on eToro is via its Copy Trading tool. This allows users to copy the trades of another eToro user like-for-like. Some traders on the platform have a solid track record in terms of the ROI, so this is well worth exploring.

etoro review

Moreover, there are no additional fees to use the Copy Trading or Smart Portfolio tools at eToro. All eToro products and services can be accessed online or via the app. The latter is available to download onto iOS and Android devices fee-free. There is also an eToro demo account facility. This allows traders to invest in the financial markets without risking any personal money.

When it comes to safety, eToro is regulated by CySEC for the European market. It also holds licenses with the SEC, FCA, and ASIC. More than 25 million clients use eToro and the broker has been operational since 2007. To get started with an account, a minimum first-time deposit of $50 is required.

This can be funded with a variety of payment methods – including Visa, MasterCard, Maestro, Paypal, Skrill, Neteller, WebMoney, and a bank wire. The fee to deposit funds across all payment methods is just 0.5%. Finally, eToro is also a popular cryptocurrency broker that allows users to buy Bitcoin in Germany from just $10 and at a competitive fee of 1%.

Stocks Available 2,500+ stocks across 17 international markets
Fractional Shares Yes – $10 minimum
Pricing System 0% commission on all stocks
Minimum Deposit  $50

Pros

  • Overall best stock broker platform in Germany
  • Thousands of German and international stocks listed
  • 0% commission on all stocks
  • Buy stocks from just $10
  • Copy-trading and smart portfolios
  • Top-rated mobile app

Cons

  • Not suitable for high-frequency trading

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Trade Stocks in Germany With Leverage of 1:5    

Capital.com review Those looking to actively trade stocks in Germany might want to consider the Capital.com platform. In doing so, it is possible to trade more than 5,400 stock CFDs. In trading CFDs, this means that investors can gain exposure to stocks without becoming a shareholder.

As such, no commissions are charged by Capital.com on any of its supported markets. Moreover, Capital.com allows German traders to apply leverage on stock CFDs, up to a maximum of 1:5. This means that by entering a position worth $1,000, the trade can be boosted to $5,000.

Another benefit of using Capital.com to trade stocks is that it permits long and short orders. The latter should be used when the investor believes that the price of the stock will decline. The former should be used when there is a belief that the stock price will increase. Either way, there is the opportunity to profit from both rising and falling stock markets.

capital.com review

In terms of diversification, Capital.com lists shares from the Frankfurt Stock Exchange and nearly 20 other marketplaces. This includes stocks listed in the UK, Singapore, US, Canada, Japan, France, and more. It is also possible to trade other CFD assets, such as ETFs, forex, cryptocurrencies, indices, hard metals, energies, and agricultural products.

We like that Capital.com requires a minimum deposit of just 20 EUR when funding an account with an e-wallet or a debit/credit card. With that said, bank wire deposits come with a much higher account minimum of 250 EUR. There are no fees…



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