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Main Activities

The main activity of flatexDEGIRO is the provision of online brokerage services and digital banking solutions. The company primarily offers trading platforms that allow individuals and professional investors to buy and sell shares, ETFs, bonds, and other financial products on numerous international markets. In addition to brokerage, flatexDEGIRO also offers banking services such as deposit accounts and liquidity management solutions.

Their offering is mainly aimed at individual investors and active traders in Europe, seeking low-cost, online, and easy-to-use investment solutions. flatexDEGIRO thus targets the European online brokerage market, focusing on simplicity, transparent pricing, and digital innovation.

History

FlatexDEGIRO is a European leader in online brokerage, specializing in services for retail investors in 16 countries. The company was founded in 2006 and quickly established itself as a leading platform for wealth building and trading without investment advice. Since its creation, flatexDEGIRO has experienced several key milestones:

  • Creation (2006): The company began its activities in Germany, focusing on accessibility and simplicity in online brokerage.
  • Development of proprietary platforms: flatexDEGIRO relies on its own IT technologies and operates a regulated bank in Germany, allowing it to offer secure and innovative services.
  • European expansion: Thanks to its flatex and DEGIRO platforms, the group has expanded into 16 European countries, offering access to more than 50 stock exchanges worldwide and direct OTC trading.
  • Acquisitions and diversification: The acquisition of DEGIRO enabled flatexDEGIRO to strengthen its international presence and diversify its offering, notably with the ViTrade platform aimed at very active traders.
  • Key figures: More than 3 million clients, over 60 million transactions per year, and a total transaction value since 2006 reaching 1.9 trillion euros.
  • Strategic commitments: The company emphasizes financial literacy and inclusion, offering intuitive digital interfaces and a wide range of financial products.

Today, flatexDEGIRO continues to innovate and grow, relying on a team of more than 1,200 employees of 60 different nationalities, and pursuing its mission to democratize investing for all.

Team

The founder of flatexDEGIRO is Frank Niehage, who also serves as CEO (Chief Executive Officer). The CFO (Chief Financial Officer) is Muhamad Chahrour. Other key members of the management team include Christian Hecker (Chief Customer Officer) and Steffen Jentsch (Chief Technology Officer). The company is one of the leading online brokers in Europe, with a strong presence in the banking sector through its subsidiary flatexDEGIRO Bank AG.