DKB Bank has been making a name for itself for quite some time. Less by elaborate advertising and more by consistent transparency of cost structures in all product fields..
Elected by the readers of the magazine “Euro am Sonntag” as the best online broker for traders, not only the deposit management counts in the evaluation list. While there are certainly companies and competitors that offer a free custody account management, the cost of securities management is 17.40 euros per year. This is significantly less than the usual fees charged by branch banks and savings banks. Custody account management is not dependent on volumes and is charged according to opaque graduated rates, but is a fixed amount independent of volume. This also applies to transaction costs.
DKB customers can trade any number of securities in Germany for ten euros plus the respective stock exchange fees. There is no percentage calculation. Investors who execute their orders via the Tradegate trading platform do not even pay any stock exchange commissions. Customers of the financial institution can use the free DKB Cash account as a reference account. Part of this account is a free credit card, whose credit card account is managed as a call money account with attractive interest rates.
Those who do not want to transfer their liquid funds from one bank to the next have here the optimal solution to park the free funds profitably. With the comparison you can compare the conditions of DKB Bank with other online brokers.