You have probably heard about the Robinhood app and want to know if it is available in Germany (a.k.a. Deutschland), right?
Robinhood is a modern, easy-to-use investment app from the US that popularised the concept of commission-free trading in financial products such as stocks and ETFs.
Do you want to know if the Robinhood app is available in Germany, its expansion plans, and the alternatives available in Germany? We have got you covered.
Is Robinhood available in Germany?
Yes, Robinhood is available in Germany, and no longer just for cryptocurrencies.
Robinhood first launched crypto trading in the European Union and now offers more than 90 cryptocurrencies, including Bitcoin, Ethereum and Solana, as well as staking.
In June 2025, Robinhood expanded its European offering to 30 EU and EEA countries, including Germany:
- Stock tokens: German users can trade over 2,000 tokens that track US stocks and ETFs, such as Apple and Tesla, 24 hours a day, five days a week. The only fee is a 0.1% currency conversion fee.
- Perpetual futures: leveraged contracts (up to 10x) on ETFs, commodities, currencies and crypto, routed through Bitstamp, the crypto exchange Robinhood acquired in June 2025.
These stock tokens are not the same as owning real shares. They are derivatives, with Robinhood Europe, UAB as the counterparty, that track the price of the underlying stock. They give German users price exposure to the US stock market through Robinhood’s app, but no ownership or voting rights.
Please note that by investing in a stock token, you are not covered by any investor compensation scheme. This is clearly stated in the Key Information Document (KID) of each stock token. As an example, we show below the KID of Nvidia:
If this is a significant concern for you, please consider investing in “real” stocks (not tokens) via any of the brokers mentioned below.
Robinhood’s EU business runs through Robinhood Europe, UAB in Lithuania. In April 2025, the Bank of Lithuania granted it an A-category brokerage licence, followed in May 2025 by a licence under MiCA, the EU crypto rules. However, as of October 2026, Robinhood still does not offer real (non-tokenised) stocks and ETFs in Germany.
| Product | Available in Germany? | Notes |
| Crypto | Yes | 90+ coins, plus staking |
| Stock tokens | Yes | 2,000+ US stocks and ETFs, as derivatives, 24/5 |
| Perpetual futures | Yes | Up to 10x leverage |
| Real stocks and ETFs | No | Use one of the brokers below |
| Investor compensation | No | Not covered for stock tokens or crypto |
Robinhood’s offer in Germany as of October 2026. Source: Robinhood EU.
Robinhood alternatives in Germany
To help us answer this question, we focused on low-cost online brokers available in Germany. Given that, here are our suggestions:
Interactive Brokers
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products such as stocks, ETFs, Options, and low currency conversion fees (FX fees).
💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors.
XTB
Commission-free stock and ETF trading up to €100,000 of monthly volume in Germany. It also offers CFDs on forex, indices, commodities and cryptocurrencies.
eToro
With over 40 million registered users, eToro is a leading social investing platform (copy and follow other investors). It offers commission-free ETF trading. Stock trading fees start at $1 per trade.
Disclaimer: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
BUX
A Dutch app-based broker, owned by ABN AMRO and regulated by the AFM, with low-cost subscription plans that include free Zero Orders on stocks and ETFs.
Disclaimer: Investing involves risks. You can lose your deposit.
DEGIRO
DEGIRO is a Dutch-German online broker with a low-cost structure and a wide range of products and markets covered. Its Core Selection of more than 1,000 ETFs trades with €0 commission (a €1 handling fee applies).
Disclaimer: Investing involves risk of loss.
Interactive Brokers at a glance
Founded in 1978 and publicly listed on NASDAQ (ticker: IBKR; added to the S&P 500 in August 2025), Interactive Brokers is a global online broker that has weathered multiple financial crises, demonstrating resilience and a rigorous risk management framework. It had 5.58 million client accounts at the end of September 2026.
Interactive Brokers offers an advanced platform with a broad product range (stocks, options, mutual funds, ETFs, futures, bonds, currencies, and cryptocurrencies) across 170 markets in 40 countries, including Xetra, the Frankfurt Stock Exchange and other German venues, solid trade execution (IB SmartRouting), and a comprehensive set of technical and fundamental tools to support your investment decisions. For US stocks, commissions start at $0.0035 per share ($0.35 minimum) on Tiered pricing, while for European (including German) ETFs, costs are 0.05% of order value (€1.25 minimum, €29 maximum).
For German beginners and intermediate investors, educational content is available via IBKR Campus (formerly Traders’ Academy), although the main TWS platform has a steep learning curve. That is why we primarily recommend it to more advanced traders. Customer support typically provides clear and concise answers, reducing the need for back-and-forth communication.
On the downside, Interactive Brokers’ fee structure is comparatively complex, the registration process is lengthy (though fully online), and the broker does not offer fully commission-free trading. However, when factoring in competitive FX fees (0.002% with a $2 minimum), tight spreads, the Stock Yield Enhancement Program (SYEP), and cash interest on uninvested EUR/USD balances above certain thresholds, German clients can achieve significant savings versus most brokers. German clients are served by Interactive Brokers Ireland Limited (CBI-regulated) with local BaFin oversight, offering native EUR base currency support and MiFID II passporting into Germany.
Interactive Brokers also offers IBKR GlobalTrader, a modern mobile app for trading stocks, options, and ETFs, designed for beginner investors. Features include automatic currency conversion, fractional shares from $1, a $10,000 virtual demo account, and more.
Want to know more about Interactive Brokers? Check our Interactive Brokers review.
XTB at a glance
69-80% of retail CFD accounts lose money.
Founded in 2002 in Warsaw and listed on the Warsaw Stock Exchange (ticker: XTB), XTB is a major player in the European brokerage industry with more than 2.9 million clients. German clients are served by the German branch of XTB S.A. in Berlin, supervised by the Polish KNF and by BaFin.
You can invest through xStation 5 and xStation Mobile across a wide range of products including stocks, ETFs, forex, indices, commodities, cryptocurrency CFDs, and options on around 110 US stocks and ETFs, launched in Germany in April 2026. XTB offers 0% commission on real stocks and ETFs up to €100,000 of monthly turnover (0.2% above, with a €10 minimum). Investment Plans and cash interest on uninvested EUR balances (linked to ECB policy) round out the offering for long-term investors.
Opening an account and transferring money is quick and hassle-free, and support is available in German. For beginners, XTB provides a demo account and the XTB Trading Academy, an extensive educational hub. For more experienced investors, xStation 5 delivers a strong set of technical and fundamental tools to support your investment decisions.
On the downside, XTB charges a €10 monthly inactivity fee after one year without trading and no deposit in the past 90 days, and CFDs on cryptocurrencies carry relatively high spreads (forex spreads, by contrast, are competitive).
Want to know more about XTB? Check our XTB review.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider.
eToro at a glance
55% of retail CFD accounts lose money.
Founded in 2007, eToro is an international online broker with over 40 million registered users, offering more than 6,000 stocks plus ETFs, cryptocurrencies, and CFDs on stocks, ETFs, commodities, forex, indices, and cryptocurrencies. German investors have access to real stocks and ETFs from US, UK, and major EU exchanges, including Xetra.
On pricing, ETFs trade commission-free regardless of transaction size or how the order is placed, whether manually, through CopyTrader, or via Smart Portfolios. Stock trades carry a $1 commission on most exchanges (up to $2 depending on your country) ($2 on the Australian, Hong Kong, Dubai, Abu Dhabi, and Tokyo exchanges), applied both when opening and closing a position. Whole and fractional shares are supported, with a $50 minimum first deposit and other fees applying.
eToro’s investment platform, available via web and mobile, is a social trading hub. Investors can discuss trade ideas and market news with peers, replicate strategies through CopyTrader (mirroring Popular Investors), or invest in thematic Smart Portfolios covering themes such as AI, renewable energy, dividend stocks, and crypto. A $100,000 virtual demo account lets German beginners practise without risking real capital.
For German residents, eToro is available via eToro (Europe) Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and passported into Germany under MiFID II (with local BaFin oversight). Client assets are covered by the Cyprus Investor Compensation Fund (ICF) up to €20,000, plus additional Lloyd’s of London insurance up to €1 million per eligible client. eToro is also a NASDAQ-listed company (ticker: ETOR) following its May 2025 IPO.
German users can open a EUR account to hold euros and buy EUR-denominated assets without conversion, while US assets still require a currency conversion. Withdrawals from the USD account cost $5, and there is no inactivity fee. Spreads on some products can be relatively high.
For more information about eToro, read our review of eToro in Germany.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.BUX at a glance
BUX is an online broker launched in 2019 that has positioned itself as an affordable way for Europeans to grow their savings, with a simple, elegant investing experience. In December 2023, BUX was acquired by ABN AMRO (completed July 2024), giving it the backing of one of the Netherlands’ largest banks.
BUX allows users to trade EU stocks (including German, Dutch, Belgian, French and Austrian equities) and US stocks, plus a growing selection of ETFs and crypto ETPs. You also have access to fractional investing, making it possible to invest in high-priced companies (Apple, Alphabet, Amazon and others) from €10.
Since August 2025, BUX operates a three-tier subscription model: BUX Basic (€0/month), BUX Plus (€2.99/month) and BUX Prime (€7.99/month, with 2% interest on cash). EU stock and ETF market orders cost €3.99 on Basic, €1.99 on Plus and €0.99 on Prime, while Zero Orders (free orders executed at the end of the day) are included on Plus and Prime. US stocks cost €0.99 per order on every plan, plus an FX markup of 0.75% on Basic, 0.25% on Plus and 0.20% on Prime. Basic users also pay a service fee of 0.20% a year on their portfolio.
On the downside, BUX is mobile-only (no desktop or web trading platform), the product range remains narrower than at some competitors, and there is no demo account.
BUX is regulated by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM), with client cash held at ABN AMRO Clearing Bank N.V. (covered by the Dutch Deposit Guarantee Scheme up to €100,000) and securities held via Stichting BUX Custody. If you want to learn more, check our BUX review.
DEGIRO at a glance
Investing involves risk of loss.
Founded in 2013, DEGIRO is a low-cost brokerage that has become widely popular in Europe due to its competitive fees. With more than 2.6 million customers in 15 European countries, its “do-it-yourself” platform gives investors direct access to a broad set of assets including stocks, ETFs, bonds, options, futures, warrants, investment funds, and some leveraged products (not identical to CFDs). More info here.
DEGIRO’s Core Selection of more than 1,000 ETFs is commission-free (subject to a €1 handling fee for external costs), and German residents can also buy around 20 cryptocurrencies. US stocks trade at €1.00 per order, and European stocks (including Xetra and other German venues) are typically priced at €3.90 plus the €1.00 handling fee. The web platform is clean and straightforward, and the mobile app mirrors that simplicity. On the downside, there is limited fundamental research, a €2.50 annual connectivity fee per exchange applies, and price alerts are not available.
On the regulatory side, DEGIRO operates as the Dutch branch of flatexDEGIRO Bank SE, a German credit institution supervised by BaFin and the Deutsche Bundesbank, with conduct-of-business oversight in the Netherlands from the AFM. Client assets are covered by the German Investor Compensation Scheme (EdW) up to 90% of losses, capped at €20,000, which is worth keeping in mind if you plan to invest larger volumes. Cash deposits held with flatexDEGIRO Bank SE are additionally guaranteed up to €100,000 under the German Deposit Guarantee Scheme.
Still have doubts? Check our DEGIRO review.
Which platform should you choose?
Some key factors to consider when choosing an online broker for the German market include:
- Fees: commissions, FX costs, custody fees, inactivity fees, and withdrawal charges as a total cost of ownership.
- Regulation: prioritise brokers regulated by top-tier institutions such as BaFin in Germany, the FCA in the UK, or the CBI in Ireland, with clear investor protection schemes.
- Product range: not all platforms offer options trading in Germany, Xetra/Frankfurt access, or cryptocurrencies, so verify the universe matches your strategy.
- EUR base currency support: brokers with EUR accounts (IBKR, XTB, DEGIRO, BUX and eToro) avoid conversion costs on EUR-denominated assets.
- Tax reporting: German investment income is subject to Abgeltungsteuer (25% flat rate + solidarity surcharge and, if applicable, church tax); German brokers such as Trade Republic withhold it automatically, while foreign brokers like DEGIRO, IBKR or eToro leave you to declare your income on Anlage KAP.
The best online broker for you will depend on your profile, preferences, and objectives. Explore the platforms above and decide for yourself.
A reminder that the above should not be seen as investment advice and should be considered information only. Investors should do their own research and diligence about the services and opportunities best suited for their risk, returns, and impact strategy.
Other FAQs about Robinhood
How exactly does Robinhood make money?
In the US, Robinhood earns money from payment for order flow (payments from market makers who execute its customers’ orders), interest on customers’ cash balances, margin lending, prediction markets and its Robinhood Gold subscription. In the EU, it charges a 0.1% currency conversion fee on stock tokens and fees on crypto trades.
In December 2020, Robinhood paid $65 million to settle SEC charges that it had misled customers about payment for order flow and failed to seek the best execution of their orders. Payment for order flow has been banned in the EU since 30 June 2026.
