Bester Neobroker Vergleich 2026 Trade Republic Scalable Trading 212

Sep 28, 2026 · based on the channel Geldaura

Choosing the best neobroker in 2026 depends on factors like fees, available trading venues, supported savings plans, cryptocurrency offerings, and interest on cash balances. Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ are the main contenders, each excelling in different areas. A detailed comparison helps investors decide which broker matches their needs best. For registration and detailed offers visit Geldaura's best online brokers 2026 comparison.

Order Fees and Pricing Structure

Order fees vary significantly between the five neobrokers, especially after the PFOF (Payment for Order Flow) ban in July 2026, which reshaped commission models and trading venue selections. The comparison focuses on typical order sizes — 200 euros and 1,000 euros — to reflect common retail investor activity.

1. Trade Republic offers a flat fee of 1 euro per trade without additional surcharges on small orders, maintaining its appeal for cost-conscious investors.
2. Scalable Capital uses a subscription model paired with free trading options, but small order fees can apply depending on the package.
3. Trading 212 remains competitive with zero-commission trading on many instruments but may charge small fees on specific order types or currencies.
4. finanzen.net zero and Smartbroker+ have introduced modest small order surcharges to offset the loss of PFOF revenue, though they still remain attractive for larger orders.

Investors should verify the current fee schedules as changes post-PFOF ban are ongoing.

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

Savings Plans and Investment Options

Sparplans (savings plans) are crucial for long-term investors seeking automated ETF or stock investing.

• Scalable Capital leads with the broadest selection of ETFs and stocks in its Sparplan offering, including innovative features like Saveback (cashback on purchases) and Pies (portfolio pie charts).
• Trade Republic also supports a wide range of Sparplans with zero fees, ideal for beginners and cost-averse savers.
• Trading 212 provides fractional shares and diversified pies but with fewer available ETFs under savings plans.
• finanzen.net zero and Smartbroker+ offer competitive Sparplan options but with some limitations on supported securities.

Choosing a broker with extensive and flexible Sparplan options can significantly enhance portfolio building.

Interest Rates on Cash Balances

Post-PFOF, brokers have adjusted how they handle client cash. Interest rates on uninvested cash vary and are contingent on where the funds are held.

• Scalable Capital offers the highest interest rates on cash, but the cash must be deposited in specific partner banks.
• Trade Republic provides moderate interest rates, with cash held in segregated accounts.
• Trading 212 and others offer minimal or no interest on cash balances.

Investors holding large cash sums should consider these differences to maximize returns.

Trading Venues and Impact of the PFOF Ban

The July 2026 PFOF ban significantly altered brokers’ use of trading venues. Previously, brokers earned from routing orders to specific venues, often at the expense of best execution quality.

• Now, all five brokers prioritize transparent order execution, often routing trades through Xetra or other regulated exchanges.
• Trade Republic and Smartbroker+ emphasize Xetra pricing for transparency.
• The ban has led to reduced hidden fees and improved execution quality across the board.

Understanding trading venue policies helps investors assess execution risks and costs.

Cryptocurrency Offerings

Cryptocurrency access varies widely among neobrokers.

• Trading 212 and Trade Republic allow trading of real cryptocurrencies, appealing to investors seeking direct crypto exposure.
• Scalable Capital and finanzen.net zero currently do not offer direct crypto trading but may provide crypto-themed ETFs.
• Smartbroker+ is evaluating crypto offerings but remains focused on traditional securities.

Crypto investors should select brokers supporting actual coin trading with clear custody arrangements.

Security and Tax Handling

All five neobrokers comply with strict European regulations ensuring investor protection and secure custody of assets. Tax reporting and automatic withholding are integrated, but differences exist in software usability and local tax support.

Investors should confirm whether brokers provide local tax reporting compatible with their residence.

Which Broker Fits Your Profile?

• Trade Republic suits cost-conscious beginners and savers focusing on ETFs and stocks with low fees.
• Scalable Capital appeals to active investors wanting extensive savings plans and higher cash interest.
• Trading 212 is attractive for users seeking crypto alongside traditional instruments and fractional shares.
• finanzen.net zero and Smartbroker+ serve investors looking for a balanced offering with moderate fees.

Choosing the best neobroker depends on your trading style, asset preferences, and cost sensitivity.

Useful Links

• Best online brokers 2026 comparison on Geldaura
• Geldaura homepage for independent financial tests

Summary

Trade Republic, Scalable Capital, Trading 212, finanzen.net zero, and Smartbroker+ are the leading neobrokers in 2026, each with distinct strengths shaped by the recent PFOF ban. Fees, savings plans, cash interest, trading venues, and crypto offerings vary, making personalized choice essential. For detailed comparisons and registration, visit Geldaura’s best online brokers 2026 page. This analysis was based on the comprehensive review by the Geldaura channel.

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