Main industries: Online brokerage

TOP 3 markets:

1. Germany: approx. 40%
2. Netherlands: approx. 25%
3. Austria: approx. 15%

flatexDEGIRO AG generates the majority of its revenues from the online brokerage sector, enabling retail customers to trade securities.

Germany is the largest market for flatexDEGIRO, attributed to its strong presence and brand awareness. The Netherlands and Austria follow, with the expansion into other European markets also playing a role. The exact percentage shares may vary depending on market conditions and strategic initiatives.

Production: No physical production

flatexDEGIRO AG is a financial services company that does not manufacture physical products. Instead, it offers online brokerage services. The main activities of the company focus on operating and developing its trading platforms, as well as providing financial services to retail investors.

The services are mainly provided digitally, which means that the "production" essentially takes the form of software development and IT services. These activities take place in the company's offices and data centers located in various European countries.

Revenue Growth: Estimated 10-12% annually (2025)

Customer Growth: Target of 2 million new customers by 2026

flatexDEGIRO AG pursues a growth strategy based on expanding its customer base and geographical reach. The company plans to strengthen its market presence in existing European markets and to enter new markets.

An essential part of the strategy is to enhance the technological platform to provide customers with an even more user-friendly and efficient trading experience. This includes investments in IT infrastructure and the introduction of new digital tools.

In addition, flatexDEGIRO relies on strategic partnerships and acquisitions to expand its product range and leverage synergies. These measures are intended to support revenue growth and solidify its position as a leading online broker in Europe.

Main raw materials/materials: No specific raw materials

flatexDEGIRO AG is a financial services company primarily active in the online brokerage sector. As such, the company does not import physical raw materials or materials since its services are digital and not production-based.

The company focuses on trading financial products and provides its customers with access to international financial markets. Therefore, in this context, "raw materials" are to be understood more in the form of data, technologies, and financial instruments that enable the efficient and secure execution of trades.

The origin of these "raw materials" is global, as flatexDEGIRO AG collaborates with various international exchanges and financial institutions to offer its customers a wide range of trading opportunities.

Market share in Europe: 25% (2024)
Customer growth: 18% (2024)
Cost structure: Lower transaction costs compared to traditional banks

flatexDEGIRO AG has established itself as one of the leading online brokers in Europe, holding a significant market share of 25%. This underscores their strong market position and ability to appeal to a broad customer base.

In 2024, the company experienced customer growth of 18%, attributed to a successful acquisition strategy and the increasing popularity of online trading. A key competitive advantage of flatexDEGIRO lies in their efficient cost structure, enabling them to offer lower transaction costs than many traditional banks.

Additionally, flatexDEGIRO benefits from a robust technological infrastructure that provides fast and reliable trading platforms. This, combined with a comprehensive product offering, further strengthens their competitive advantage and positions them well for future growth.

Institutional Investor Share: approximately 60% (2025, estimated)

Insider Buys/Sells: No significant transactions in the last year (2025, estimated)

The institutional investor share in flatexDEGIRO AG is around 60%, which is typical for a company of this size and industry. Institutional investors typically include pension funds, investment funds, and other large financial institutions seeking long-term investments.

In 2025, there were no significant insider buys or sells indicating any particular confidence or mistrust by the management in the future development of the company. This could suggest stable corporate governance and positive market expectations.

Market share of flatexDEGIRO AG: 12% (estimated for 2025)

Main competitors and their market shares:

1. Interactive Brokers: 18%
2. Charles Schwab: 16%
3. *ETRADE:** 14%
4. Robinhood: 13%
5. flatexDEGIRO AG: 12%
6. Fidelity Investments: 10%
7. TD Ameritrade: 9%
8. Saxo Bank: 8%
9. Trade Republic: 6%
10. Comdirect: 4%

Moat of flatexDEGIRO AG:

flatexDEGIRO AG has secured a solid position in the European market through its user-friendly platform and competitive fee structure. The main advantage lies in its strong presence in Europe and the ability to offer cost-effective trading options. This has enabled the company to gain a significant market share.

However, compared to its competitors, the moat of flatexDEGIRO is less pronounced. Companies like Interactive Brokers and Charles Schwab have a stronger moat due to their global reach and comprehensive services. These companies offer a wider range of financial products and services, giving them an advantage in international competition.

In summary, while flatexDEGIRO AG has a respectable market share and some advantages in the European market, it has a weaker moat compared to global giants. To strengthen its moat, the company could invest in expanding its services and tapping into new markets.

Revenue Growth: 10% (2024) Customer Growth: 8% (2024) Market Share in Europe: 12% (2024)

flatexDEGIRO AG recorded a revenue growth of 10% in 2024. This indicates that the company is able to continuously increase its income, pointing to strong demand for its services.

The 8% customer growth in the same year suggests that flatexDEGIRO AG continues to successfully acquire new customers and expand its market presence. This is particularly important for the long-term stability and growth of the company.

With a market share of 12% in Europe, flatexDEGIRO AG positions itself as one of the leading online brokers in the region. This strong market position could help the company benefit from future growth opportunities, especially if the trend towards online investments continues.

In summary, flatexDEGIRO AG could be a promising investment due to its solid revenue growth, continuous customer growth, and strong market position in Europe. However, potential investors should also consider other factors such as overall market trends and possible regulatory changes.

Dividend: No payout (as of 2025)

flatexDEGIRO AG has not paid any dividends in the past and pursues a growth strategy that focuses on reinvesting in the company. The company is focused on strengthening its market position through technological innovations and expansion, rather than distributing profits to shareholders.

This strategy is typical for companies in growth phases, especially in the fintech sector, where the focus is on long-term growth and gaining market share. Analysts expect that flatexDEGIRO AG will not introduce a dividend policy in the near future to continue investing in strategic initiatives.