Hidden Costs of Neobrokers (in Germany)

Do you think Neobrokers like Trade Republic or Scalable Capital are free? Think again. 🚨
In this video, we uncover the 5 hidden costs of Neobrokers in Germany that can quietly eat into your returns: from bid–ask spreads to payment for order flow, kickbacks, the infamous Vorabpauschale tax, and even foreign exchange fees.

📉 These aren’t costs you’ll see listed in your app — but they come straight out of your account. By the end of this video, you’ll know exactly how Neobrokers really make money, and how you can minimize these costs to keep more of your returns.

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PerFinEx GmbH - Personal Finance for Expats
The #1 English-speaking & Independent Financial Planner in Germany
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