flatexDEGIRO AG

XMUN:FTK

Business Description

Sector

Financials

Industry

Financial Services

Headquarters

Germany DE

Employees

1 090

IPO date

Jun 30, 2009

flatexDEGIRO AG is an online brokerage company that lets private investors buy and sell stocks, ETFs, funds, bonds, and derivatives through digital trading platforms. Its main brands are flatex and DEGIRO, which serve retail customers in several European countries. The company acts as a low-cost access point to the securities markets rather than a traditional full-service bank or advisor.

It makes money mainly from trading fees, account-related charges, interest income on customer cash balances, and other brokerage services. Customers use its platforms to place trades themselves, so the business depends on transaction activity and on keeping customer assets and cash within its ecosystem. That gives the company a recurring, platform-like revenue base tied to how often investors trade and how much cash they hold.

What makes flatexDEGIRO distinct is its focus on direct, digital self-directed investing across borders in Europe. Instead of selling advice or managed portfolios, it sells simple online access, execution, and custody services. That makes it a specialist infrastructure provider for individual investors who want to trade on their own at relatively low cost.