The broker's site is simple and informative. The interface is only in German. Trading instruments and types of accounts Banx broker offers trading in stocks, bonds, ETFs, CFDs, futures, foreign exchange, precious metals, options.

It offers users cash and margin deposits. Cash deposit is available from the age of 18 years. The minimum amount is 3, euros or the equivalent in another currency.

A deposit can be opened by transferring securities in the amount starting from 3, euros. It does not provide for margin trading. Trades on it may be held on a margin basis.

Unlike cash deposit, there is an opportunity to sell short-term shares on the margin deposit. Accounts can be opened in euros, dollars, Swiss francs, pounds sterling, and Japanese yen.

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Companies Show more Companies. IB was founded more than 41 years ago and can now be counted among the 5 largest online brokers worldwide.

IB currently employs around people, with more than 1,, transactions processed daily. BANX Broker offers customers more than 1.

Even before you get to grips with the range of services offered by an online broker to a large extent, you should first take a brief look at the regulation and deposit protection of the respective provider.

In the event of insolvency, customers of the Online Broker can therefore still access their own securities account at any time. Once an interested investor has decided in favor of BANX, the next step is to select one of the types of securities accounts offered.

Basically, there are three alternatives available with the online broker: The cash deposit, the margin deposit, and the portfolio margin deposit.

Trading on margin is not possible with this custody account, the respective products must be paid in full. Margin Deposit The minimum age for opening a margin account is set slightly higher at 21 years, but the minimum deposit sum at the opening is also 3, dollars.

Trading on Margin is possible here, but only if you have a balance of more than 2, dollars. In contrast to the cash deposit, this type of deposit also allows the short-selling of shares.

Portfolio Margin Deposit In principle, the portfolio margin deposit is to be allocated to the aforementioned margin deposit. For this purpose, a capital of at least , dollars is required to open an account.

However, US commodity futures, futures options, US bonds, mutual funds, and foreign exchange positions cannot currently be traded using this model.

Assets offered by BANX and trading conditions After having looked at the different types of securities accounts of the provider, we will now focus on the assets that are available at BANX.

As mentioned at the beginning, customers can choose from more than 1. The fees incurred when trading in shares also depend primarily on the respective stock exchanges.

The following table provides a brief overview of the fees and commissions charged by the various stock exchanges in the US.

The exchange fees of the respective countries can be viewed at any time on the BANX website if you are interested. Fixed-interest securities can be traded in Europe from 5.

The risk of loss in online trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial. Options are not suitable for all investors.

Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment. Security futures involve a high degree of risk and are not suitable for all investors.

The amount you may lose may be greater than your initial investment. There is a substantial risk of loss in foreign exchange trading.

The settlement date of foreign exchange trades can vary due to time zone differences and bank holidays. When trading across foreign exchange markets, this may necessitate borrowing funds to settle foreign exchange trades.

The interest rate on borrowed funds must be considered when computing the cost of trades across multiple markets.

Our Products. Trade online options In securities trading itself, an option does not represent an underlying asset, but a contract between two parties.

Trade options online worldwide With a securities account via BANX, it is also possible for private investors to trade options professionally.

Sensationally cheap buy and sell options If you choose BANX as your broker, you benefit from numerous advantages. Trade futures at favourable conditions With BANX as your broker, trading futures contracts is easy, even for private investors.

Hedge against currency fluctuations! Worldwide online foreign exchange trading With a securities account via BANX, professional forex trading is also possible for private investors.

Buy and sell foreign exchange at low cost Commissions per trade amount to 0. Would you like to buy bonds like an institutional investor?

The CFD trade: Move a lot with little effort! How does CFD trading work? Mutual Funds BANX is able to offer you no-load mutual funds according to our transparent, low-cost policy.

Funds that include a front-end load are currently not available. Invest in over 6, funds from more then families of mutual funds. Effective, professional fund management.

Electronic-only prospectus delivery.