flatex Bank AG provides products and services in the areas of white-level banking, online brokerage, securities services, credit servicing, ATM servicing, crypto-trading. flatex Bank AG offers a range of products including digital wallets, trading accounts, collateral loans, public sector loans. flatex Bank AG makes its solutions available to private individuals, companies.
Opening an account with flatex Bank AG can be done by performing the following steps: submit online application, upload documents.
flatex Bank AG requires the following documents to open a personal bank account: passport; proof of address; application form.
While opening a bank account flatex Bank AG has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by flatex Bank AG and the documents used are outlined below.
flatex Bank AG may require additional documentation or information depending on the case.
Products and services offered by flatex Bank AG are not available at the bank's branches. flatex Bank AG instead uses direct channels to deliver its solutions to customers, namely via online banking system.
Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.
Trading accounts offered by flatex Bank AG are shown in the table below.
Updated on 27 October 2020
Major world stock exchanges
Most popular trade instruments
Available to German residents
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Investor Compensation. Trading accounts made with flatex Bank AG are covered by investor compensation scheme of Germany up to 20,000 EUR per investor.