This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FXFlat Review
FXFlat was an award winning German broker that Trading 212 bought in 2024. Its BaFin license now powers Trading 212's own product for German clients.
Min Deposit
$212
Spreads From
Not applicable, see Trading 212's own published pricing instead
Max Leverage
Not applicable, see Trading 212's own published terms instead
Platforms
Absorbed into the Trading 212 app and platform
Pros
- FXFlat Bank GmbH won several real German broker awards over nearly two decades
- Raised its own deposit insurance to up to 1 million euros in 2023
- Backed by a fully BaFin licensed and supervised bank since 1998
- Now backed by Trading 212, a large, fast growing European fintech group
Cons
- The FXFlat brand and website no longer exist on their own after the Trading 212 deal
- New clients sign up as Trading 212, not under the FXFlat name they may remember
- A separate fraud website once copied FXFlat's name and old details to scam people
- Long time FXFlat customers had to move onto Trading 212's own platform and terms
FXFlat Bank GmbH was a Ratingen based CFD and forex broker founded in 1997. BaFin approved it in 1998, and in 2015 it became a licensed securities trading bank. Over the years it won several German awards, including Best CFD Broker Germany, and raised its own deposit insurance to up to 1 million euros in 2023.
In August 2024, UK fintech Trading 212 bought FXFlat Bank GmbH. From January 2025, Trading 212 used FXFlat's BaFin license to onboard new German clients under its own name. By mid 2026, the FXFlat website redirects straight to Trading 212's German site, so the FXFlat brand itself is gone even though the licensed company behind it still exists.
Readers should also know that BaFin warned in January 2024 about a fake website, using a hyphenated version of the FXFlat name, that stole the broker's old address to offer fake accounts. That clone had nothing to do with the real, licensed FXFlat Bank GmbH. Anyone searching for FXFlat today should go to Trading 212 directly.
Min. Deposit
USD 212
Max Leverage
Not applicable, see Trading 212's own published terms instead
Spreads From
Not applicable, see Trading 212's own published pricing instead
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
