flatexDEGIRO has reached 3 million accounts, tripling its user base since 2020 with €66 billion in assets.
Due to the rising competition from neobanks like Revolut, it is also preparing to launch a crypto offering.
The German-based
online broker flatexDEGIRO announced today (Wednesday) that it has surpassed 3
million customer accounts, marking an expansion of its retail trading platform
across the continent. The company’s CEO also confirmed the upcoming launch of a cryptocurrency offering.
European Broker
flatexDEGIRO Hits 3 Million Customer Milestone
The company
headquartered in Frankfurt has more than tripled its customer base since 2020,
adding 400,000 new accounts in the past 12 months alone. The growth cements
flatexDEGIRO's position as one of Europe's largest retail brokers.
Oliver Behrens, Source: LinkedIn
“Over the
past few years, we have experienced remarkable growth in our customer base and
I would like to thank our customers for their trust and support,” said
Oliver Behrens, CEO of
flatexDEGIRO.
Additionally,
the company has confirmed the forthcoming introduction of cryptocurrency
trading. Until now, the broker has focused on traditional investment products,
primarily stocks and indices. However, increasing competition from firms like
Revolut and Robinhood, which offer digital assets in Europe, has prompted
flatexDEGIRO to expand its offerings to include cryptocurrencies.
“We will
have a very attractive offering for our customers to trade cryptocurrencies on
our platforms,” Behrens added.
The current
CEO joined
the company in October, succeeding interim Co-CEOs Benon Janos and Stephan
Simmang, who had held the positions since May 1, 2024. Behrens brings extensive
experience from his nine-year tenure as CEO of Morgan Stanley Europe. Janos and
Simmang will continue in their respective roles as CFO and CTO.
Geographic Distribution
The
Netherlands leads with nearly 900,000 customers through the company's DEGIRO
brand, while Germany, where flatex pioneered its flat-fee model in 2006, hosts
over 500,000 accounts.
Austria and
Spain each maintain approximately 300,000 customers, with emerging markets like
France, Italy, Portugal, and Switzerland showing robust growth.
The
broker's customer assets have reached a record €66 billion, with monthly cash
inflows averaging over €500 million. The platform processed approximately 60
million securities transactions in 2023.
The German-based
online broker flatexDEGIRO announced today (Wednesday) that it has surpassed 3
million customer accounts, marking an expansion of its retail trading platform
across the continent. The company’s CEO also confirmed the upcoming launch of a cryptocurrency offering.
European Broker
flatexDEGIRO Hits 3 Million Customer Milestone
The company
headquartered in Frankfurt has more than tripled its customer base since 2020,
adding 400,000 new accounts in the past 12 months alone. The growth cements
flatexDEGIRO's position as one of Europe's largest retail brokers.
Oliver Behrens, Source: LinkedIn
“Over the
past few years, we have experienced remarkable growth in our customer base and
I would like to thank our customers for their trust and support,” said
Oliver Behrens, CEO of
flatexDEGIRO.
Additionally,
the company has confirmed the forthcoming introduction of cryptocurrency
trading. Until now, the broker has focused on traditional investment products,
primarily stocks and indices. However, increasing competition from firms like
Revolut and Robinhood, which offer digital assets in Europe, has prompted
flatexDEGIRO to expand its offerings to include cryptocurrencies.
“We will
have a very attractive offering for our customers to trade cryptocurrencies on
our platforms,” Behrens added.
The current
CEO joined
the company in October, succeeding interim Co-CEOs Benon Janos and Stephan
Simmang, who had held the positions since May 1, 2024. Behrens brings extensive
experience from his nine-year tenure as CEO of Morgan Stanley Europe. Janos and
Simmang will continue in their respective roles as CFO and CTO.
Geographic Distribution
The
Netherlands leads with nearly 900,000 customers through the company's DEGIRO
brand, while Germany, where flatex pioneered its flat-fee model in 2006, hosts
over 500,000 accounts.
Austria and
Spain each maintain approximately 300,000 customers, with emerging markets like
France, Italy, Portugal, and Switzerland showing robust growth.
The
broker's customer assets have reached a record €66 billion, with monthly cash
inflows averaging over €500 million. The platform processed approximately 60
million securities transactions in 2023.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
IG Group Expects About £300 Million Revenue in Q1 2026
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
